[GLBSE][BITCOINMINV] 3rd dividend paid, still got some stock left!

[BitcoinINV]

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?

 Nice to see another person living in NC I live on the coast myself . The Registration is good for any business as long as they dont fall unde any ATF, used batteries tires metal recycling or things like that. I was actually going to push vending carts up and down the beach when I applied for it but, the beaches have bans on merchant carts.


As for holding the picture up to my face do you really want to see me that bad, Jk Ill get on that anything to insure potential investors!


Thanks for the Support mc_lovin, let me know if you need the favor returned ever Ill do what I can.

[puffn]

I am interested in seeing this on the open market. I love the transparency of management, and the business plan. Good luck!

[stochastic]

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?

 Nice to see another person living in NC I live on the coast myself . The Registration is good for any business as long as they dont fall unde any ATF, used batteries tires metal recycling or things like that. I was actually going to push vending carts up and down the beach when I applied for it but, the beaches have bans on merchant carts.


As for holding the picture up to my face do you really want to see me that bad, Jk Ill get on that anything to insure potential investors!


Thanks for the Support mc_lovin, let me know if you need the favor returned ever Ill do what I can.

No sock on your head?

j/k I am convinced it is you.

[BitcoinINV]

What color sock, long or short Jk. Its understandable the internet is hard place to gain trust on.
Thanks for the interest puffin if there is anything I can answer or do for you please let me know!

[Shadow383]

What color sock, long or short Jk. Its understandable the internet is hard place to gain trust on.
Thanks for the interest puffin if there is anything I can answer or do for you please let me know!

Totally coming on here to wish you happy birthday some time 

Has the hardware you're trying to raise investment for already been ordered? If so what's your order number?
When do you intend to IPO this thing? 

[BitcoinINV]

No order number yet there is a reason why I will not go into detail yet except, I have been in contact with butterfly labs and there answers are lets just say non conclusive lol. I want to leave the investors with some choice before sinking YOUR money into something that might not have a return till after the new year. This was there response when I asked directly when I could take shipment


Butterfly Labs Inc office@butterflylabs.com



Aug 6 (2 days ago)














to me










Hi Daniel,



It is too early to know how long it will take. Several people are working on them, but we don't know how quickly they will be going out.




Kind regards,

Alicia\BF Labs Inc.

That being said Im just like everyone else in this day in age of a drive thru have it now world, I want it NOW! I even told them Id drive up there and pick them up, and they could still charge me for shipping, still did not change anything lol.
But like I stated before I have a couple more options to lay on the table if Plan A does not work out. I have a feeling there is going to be LOTS of upset customers with Butterfly labs in Oct, and something is telling me that they will release the products as soon as the block rate changes to 25.
I hate to break this to Butterfly labs but Several people is not enough LOL it should be dozens.
IPO comes out On or before Aug 15th waiting for the next pay check.

[BitcoinINV]

Check front page for Pre-release offer!

[BitcoinINV]

puffn intends to buy 115 shares pre-order

*EDIT sorry your name dude I fixed it

[puffn]

Payment sent. Awaiting shares.

[BitcoinINV]

Confirmed on August 12th when IPO goes Live shares will be sent to puffn at no extra cost.

[Shadow383]

Just to clarify what we're buying here (because I'm interested but I own other mining company shares already  ):

What happens in the event of liquidation of the company - say mining becomes unprofitable - what happens to the hardware?

You're selling a 75% stake in the company - so there are effectively 8000 shares, with 6000 for sale?

That would make each share worth 33.3Mhash on delivery (assuming BFL keep to their figures).

I take it you've not got an order in place yet with BFL?

Also, do you/will you have access to a bonus-paying PPS pool?

[BitcoinINV]

What happens in the event of liquidation of the company - say mining becomes unprofitable - what happens to the hardware?
We fold it up sell it off and split the money from sales 7500 ways minus the cost of selling it.

You're selling a 75% stake in the company - so there are effectively 8000 shares, with 6000 for sale?
Yea about 7500 shares with 6000 for public sale

That would make each share worth 33.3Mhash on delivery (assuming BFL keep to their figures)
You would get about 17.33333Mhash per share, got to remember that 65% goes to shareholders and 35% is used to buy more equipment to increase our profitability.

I take it you've not got an order in place yet with BFL
I started to go through with it, Seen my order number. E-mailed them and got a response an posted in this forum already. This now will  be discussed with investors, I have a couple of options I want to throw out there so we can get some profits in your pockets ASAP! Like buying a small amount of equipment and ordering a couple of singles, or depositing funds for interest till we know there shipping and a guestimate of time it will take. As of right now BFL has no clue when there shipping according to Alicia even though there website says OCT.

Also, do you/will you have access to a bonus-paying PPS pool?
I am working on that Ill update on that status as soon as I know something.

Also I am in the works with CPA to get insured just waiting for the paperwork to sign.

Thank you for you interest shadow383

[BitcoinINV]

115/6000 public shares sold in -3 days till release, Pre-sales still open will take orders until Friday at 12pm

[BitcoinINV]

Hello! Serena here.

CPA is pleased to announce the signing of Account #16 with BitcoinINV (Bitcoin Mining Investments). This contract will be issued publicly and will also be available on the CPA website (shortly) at http://www.tsukino.ca/cpa/customers/account-16/ for your perusal.

Local rules: Please do not post in this thread until BitcoinINV has quoted the contract and this quote has been confirmed by usagi. Thanks!

Code:

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512

////////////////////////////////////////////////////////////////
////////////////////////////////////////////////////////////////

CPA Shareholder Protection Agreement
Customer: BitcoinINV <drkowalczewski@mailccc.net>
CPA Agents: usagi (tsukino)
DATE: August 10th, 2012


////////////////////////////////////////////////////////////////
////////////////////////////////////////////////////////////////

A. GLBSE Shareholder Protection Agreement
1. Parties are Daniel Ray Kowalczewski ("BitcoinINV") and his
   business ("the business"), CPA ("CPA") and the GLBSE
   shareholders of the business ("the shareholders").
2. CPA will insure shareholders by paying out on behalf of
   the business should the business become unable or unwilling
   to fufill the terms of it's contract (see section C).
3. CPA will not be liable for losses greater than the value
   of the funds held in trust; all other liabilities are the
   sole responsibility of the business.
4. No party may cancel this contract although any party may
   choose to accelerate their obligation at any time.


B. Payment of Premium
1. The business will contrinute one bitcoin (or more) per week
   to a trust account operated by CPA.
2. The payment address is [13pou6J1pyVTMcjUXEhK4LQL8nwWrvzmhh]
   ("CPA Account #16 (BitcoinINV Trust Account)").
3. The first week of coverage is 2012 Week #34 (August 19th to
   August 25th).


C. Indemnification Procedure
1. If the business breaks the terms of their contract without
   reparation, CPA will pay the value of the trust account to
   the shareholders of the business on behalf of the business.
2. A period of 30 days will be allowed for the business to
   respond and make reparations before paying out on any
   default event.


D. Expiration Clause
1. If there is no default event prior to August 15th, 2013, CPA
   will contact the customer and/or the business and request
   guidance; the options will be:
   1. to extend coverage,
   2. to release the trust account to the business,
   3. to release the trust account to the shareholders
      (as a special dividend).
2. The guidance will be published on the CPA website for a
   period of 30 days before actoin is taken on that guidance.


E. Insurability (This is the "Fine Print")
1. Indemnity
   The insurance company indemnifies, or compensates, the
   shareholders in the case of certain losses only up to the
   lower of the shareholder's interest and the trust amount.
2. Insurable interest
   The shareholders must directly suffer from the loss; the
   sharegholders have a "stake" in the loss or damage to the
   assets insured.
3. Utmost good faith
   The business is bound by a good faith bond of honesty and
   fairness. Material facts must be disclosed.
4. Contribution
   Insurers which have similar obligations to the insured
   contribute prior to any contribution by CPA.
5. Causa proxima, or proximate cause
   The cause of loss (the peril) must be directly related to
   the breaking of the business's contract for financial gain
   at the shareholders' expense.
6. Mitigation - Before, and in case of any loss or casualty,
   the business must attempt to keep the loss to a minimum, as
   if the asset was not insured.


F. DISPUTE RESOLUTION
1. Any controversy or claim arising out of or relating to this
   contract, or the breach of this contract, shall be settled
   by binding internet arbitration at judge.me in accordance
   with the judge.me arbitration agreement. The arbitrator's
   decision shall be final and legally binding and judgment may
   be entered thereon.
2. The business must indemnify (make whole) CPA's incurred
   legal fees if they lose their claim, limited to the amount
   required to be paid by CPA to judge.me.
3. All judge.me fees related to this contract must be paid in
   bitcoins.


////////////////////////////////////////////////////////////////
////////////////////////////////////////////////////////////////
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Confirmed and thank you!

[BitcoinINV]

IPO release date 8/12/12 at 1600 GLBSE time!

[BitcoinINV]

https://glbse.com/ipo/193 Link to IPO posting

[BitcoinINV]

In exchange for
9 6950 (1 failed)
3 5850
1 7950
1 5770
1 5830
2 cx600 psus
1 psu connector
1 zx model 1250w psu
2 surge protectors
2 lan cables
2 sempron cpus with heatsinks
Enough x to 6 pin pcie device power cables to run all cards.
1 ga-970a-d3
1 ga-870a-ud3
1 kill a watt
1 pci to pcie
1 1x to 16x pcie molex
2 16x to 16x pcie
8 1x to 16x pcie
and 33 btc to buy parts missing from these 3 rigs, I will receive 2250 (30% of all shares) of Bitcoin Mining Investments.
Equipment to be exchanged on Monday August 20th In Calabash NC. Shares for 33 btc will be awarded and the rest will be awarded upon delivery of equipment.
Do not reply till puffn confirm Please

[puffn]

In exchange for
9 6950 (1 failed)
3 5850
1 7950
1 5770
1 5830
2 cx600 psus
1 psu connector
1 zx model 1250w psu
2 surge protectors
2 lan cables
2 sempron cpus with heatsinks
Enough x to 6 pin pcie device power cables to run all cards.
1 ga-970a-d3
1 ga-870a-ud3
1 kill a watt
1 pci to pcie
1 1x to 16x pcie molex
2 16x to 16x pcie
8 1x to 16x pcie
and 33 btc to buy parts missing from these 3 rigs, I will receive 2250 (30% of all shares) of Bitcoin Mining Investments.
Equipment to be exchanged on Monday August 20th In Calabash NC. Shares for 33 btc will be awarded and the rest will be awarded upon delivery of equipment.
Do not reply till puffn confirm Please

Confirmed.

[BitcoinINV]

On Monday August 21 we will  start mining! With stocks sold it is currently at .65Mhps per share. Our insurance starts on Monday August 20th and our IPO hits the Market, on 8/12/12 at 4 PM EST!

This is Great news for BitCoin Mining Investments, and its Share Holders!

[Bitcoin Oz]

Look forward to picking up a  few shares.

Do you plan on expanding to fpga such as BFL singles  ?