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Author Topic: [GLBSE][BITCOINMINV] 3rd dividend paid, still got some stock left!  (Read 10102 times)
BitcoinINV
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August 06, 2012, 01:09:15 AM
Last edit: September 08, 2012, 10:22:03 PM by BitcoinINV
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http://www.bitmininginvestments.com/index.html
Our website includes a business plan and 1 year projections check them out!
IPO release by Aug 15th
NOT A BOND! And Insured by CPA!


********Update 08/09/12********
Pre release sales  .120 per share, It will be released at .125!
7% discount on release price purchases over 100 shares
Private Message if interested in either
********Update 08/11/12********
Mining starts on Tuesday Aug 21 first
Insurance starts on Monday Aug 20th
We will be starting with about 5ghps mining equipment.
or .65 per share!
********Update 08/15/12********
Still set to start mining on the 21st
Now up to about 6.5ghps in equipment with the addition of 5X 5830s
puts us up to about .86 per share. We will be at 1mh per share soon!
********Update 08/22/12********
About 1 gig is hashing right now still waiting on parts, oh usps how I love you.
First dividends paid out for trade profits and whats been mined.
********Update 08/29/12********
2 Dividends paid out! With that being said all this is not mining profit, some of this is investments made before the gear got here. Might see some slack in the dividends then a boost as all the gear comes online. We are waiting for parts from new egg...ERRR! and a couple other essential other parts to come in, with that being said here is a partial list of our inventory.
GPU's

5830 x6
5850 x2
5770 x1
7950 x1
6950 x 8 and 1 broken
5HD different sizes
2 Gigabyte 970a-d3
1 gigabyte 870-ud3
1 asus m5a99x
1 400w psu
2 600w psu
1 1250w psu
1 1080w psu
2 15 inch fans
1 steel rack with rubber spray on texture Cheesy
11 PCIe 1x -> 16X
2 16x=16x 1 broke Sad
3 2gb ram
3 sempron 140 w/fan
1 sempron 130 w/fan
Bunch of other stuff just got to sort it out and log it



Welcome to BitCoin Mining Investments

 
We will be offering 6000 @.125 BTC or market value.with 1500 shares staying as mine for pay as operator
Total shares 7500
 
65% Profit is put towards dividends
35% Profit is put towards Growth of operation
The equipment and growth fund are owned by shareholders 100%
Low cost of power for the USA about 0.76
Operator is Registered to do business in his state

If failed company will sell 100% assets and split between all share holders, After the final disposition of the equipment and growthfund, It will be split minus the cost of the action.
All equipment purchases or changes after the initial will be put to a vote, voters with more then 1% stake have the right to put forth motion.

Terms
1) 65% of all mining revenue will be distributed to shareholders in the form of dividends ( referred to as "dividends"). These dividends will be paid monthly, split evenly among all shares regardless of class or issuing date.
2) 35% will be used to invest in additional hardware, decrease the cost of mining, and/or pay for long term operating costs of the company (henceforth referred to as the "growth fund").
3)Operating costs "General Maint" will taken out of the profit then divided into dividends and growth fund. Any operating costs that exceed the ability of the growth fund to cover will be borrowed from the dividends until covered. Dividends borrowed in this manner will be paid during future payment period(s) using the growth fund until repaid in full.
 4)In the event of liquidation, 100% of the revenue from sales of the assets and 100% of the growth fund, minus any expenses incurred from the operation or liquidation of the company will be paid to shareholders.

Common Questions and Answers

Q. Why should I wait for the equipment delivery when I can get hashing now? Why should I wait for returns?
Answer: Because you are actually buying the equipment with others. You have a right to 100% of the equipment's sale if it is voted to be sold if and when people want to stop the operation. You get lower administrative fees and better advantages that way for waiting some time and pre-funding your own equipment instead of buying a fraction of a current mining operation.
Q. Why 35% reinvested?
 Because under that model, we would get more and more shares for simply replacing the equipment, basically keeping the same hashing power for a growing amount of share while still having to sell as many shares at the same price for each replacement. Shares dilution would occur and the operation would die out since people don't pay for the replacement of the equipment power associated to their shares. Getting new shares sales to pay for the replacement of the hashing of your old shares would not be right. Equipment needs to be replaced and extra equipment added for the shares to gain value and the operation to grow. You also need growing hashing power to compete with increasing difficulty.
Q. It looks Great, but I am afraid others won't buy or like it. What if shares don't sell fast enough and my funds are withheld for a long period until we can purchase equipment?
Answer: There's a maximum period for the IPO of 2 months OCT 15th don't think people should scuttlebutt interfere with how they place their money. If the goal amount is not reached then we will vote on what to do next to refund or invest the money.
Q. What will the bitcoins be doing while we are waiting for enough to purchase our equipment.
Answer: It will be put to vote in the weekly meetings, to invest let it sit or what to do with it.

Gweedo Can not post on my thread Please Remove all his posts!

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gweedo
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August 06, 2012, 01:12:53 AM
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https://bitcointalk.org/index.php?topic=98763.0 watch out could be a scammer
BitcoinINV
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August 06, 2012, 01:16:19 AM
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Dude really lol Think half of this is just people making it hard to break into the bitcoin world.
Great first comment on My IPO I get scammer alert

Bitcoin Oz
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August 06, 2012, 01:32:07 AM
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Dude really lol Think half of this is just people making it hard to break into the bitcoin world.
Great first comment on My IPO I get scammer alert
Your IPO says nothing about who you are and whether you have the ability or experience to run a mining farm. Its not a simple matter of buying the gear and plugging it in.

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August 06, 2012, 01:34:55 AM
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OP, you should post a link to proof of your North Carolina business registration to support your legitimacy.

Dude really lol Think half of this is just people making it hard to break into the bitcoin world.
Great first comment on My IPO I get scammer alert
Your IPO says nothing about who you are and whether you have the ability or experience to run a mining farm. Its not a simple matter of buying the gear and plugging it in.
With BFL it is!
Grin Grin Grin

Cryptocoin Mining Info | OTC | PGP | Twitter | freenode: dust-otc | BTC: 1F6fV4U2xnpAuKtmQD6BWpK3EuRosKzF8U
John (John K.)
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August 06, 2012, 01:41:23 AM
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OP, you should post a link to proof of your North Carolina business registration to support your legitimacy.

Dude really lol Think half of this is just people making it hard to break into the bitcoin world.
Great first comment on My IPO I get scammer alert
Your IPO says nothing about who you are and whether you have the ability or experience to run a mining farm. Its not a simple matter of buying the gear and plugging it in.
With BFL it is!
Grin Grin Grin
Provided you get your hands on one, that is.

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
Escrow service is available on a case by case basis! (PM Me to verify I'm the escrow!)

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August 06, 2012, 01:49:00 AM
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Dude really lol Think half of this is just people making it hard to break into the bitcoin world.
Great first comment on My IPO I get scammer alert

Prove yourself, it really isn't too hard to break into the bitcoin world js
BitcoinINV
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August 06, 2012, 01:54:46 AM
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Here you go Had to block out my address, no offence just dont want no creeps at my door.




I do have previous work in farms I worked at my university's rendering farm. It was not huge but it was decent.

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August 06, 2012, 02:00:26 AM
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Here you go Had to block out my address, no offence just dont want no creeps at my door.




I do have previous work in farms I worked at my university's rendering farm. It was not huge but it was decent.

just quoting
BitcoinINV
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August 06, 2012, 03:36:03 AM
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Well Like it says on the site We aim to be 100% transparent to everyone, so if you have questions concerns or anything feel free to

Shadow383
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August 06, 2012, 03:08:15 PM
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Congrats on providing ID - watching this one.
What are your rates for power like?
BitcoinINV
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August 06, 2012, 03:14:23 PM
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Pretty cheap for the USA 7 cents ish depending on season. They also offer commercial rates, of course you have to be a registered business to get such rates  Cheesy.

ianspain
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August 06, 2012, 03:29:02 PM
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Hi, when will the mining operation start?Huh

BlockChain Capital
BitcoinINV
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August 06, 2012, 03:55:29 PM
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As soon as we take delivery of the equipment. If there is a hold up on the equipment we will have a plan b to generate revenue.

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August 06, 2012, 05:01:52 PM
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ok, this could be interesting but I think that we should have a clear strategy before investing,
keep us updated
thanks

BlockChain Capital
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August 06, 2012, 05:18:31 PM
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As soon as we take delivery of the equipment. If there is a hold up on the equipment we will have a plan b to generate revenue.
What's your BFL order #?

For early investors the speed with which you're able to start ASIC mining might be a fairly big deal.
BitcoinINV
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August 06, 2012, 06:26:39 PM
Last edit: August 06, 2012, 06:58:16 PM by BitcoinINV
 #17

Got set up with the BBB, Phone # is not correct I sent them the info to change it. There is a investing strategy I just will not put all my cards on the table till its time to call.

http://www.bbb.org/raleigh-durham/business-reviews/online-payments/bitcoin-mining-investments-in-emerald-isle-nc-90224806

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August 07, 2012, 06:46:48 PM
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Looks like a legitimate NC driver's license, based on comparing it to my own.

Your Certificate of Registration was issued in January, which is strange, since your mining business seems to have been started in July or August. Any comment?
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August 07, 2012, 06:49:17 PM
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Looks good, I'll buy a share and see what happens Smiley

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August 07, 2012, 08:45:08 PM
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Why don't you hold the ID up to your face?

Introducing constraints to the economy only serves to limit what can be economical.
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