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June 19, 2014, 07:32:45 AM Last edit: June 19, 2014, 07:45:55 AM by bitcoin.newsfeed |
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Where are dividends ? ? ?
price per Gh/s 0,49$ < minimum price tag production cost Gh/s 0,2$ < maximum possible price tag
April batch # of chips 850 000 ... sold for 4 165 000$ > REINVESTED (~2 082 500 chips) May batch # of chips 3 350 000(plan) ... sold for 16 415 000$ > REINVESTED (~8 207 500 chips) surplus of 1 507 500 chips or 3M$ June batch # of chips 6 700 000(plan) ... sold for 32 830 000$ > ? ? ?
Right now around minimum of 36 millions $ are somewhere
lets reserve capital for next July batch of lets say 7 000 000 chips , that's 14M maximum ... so there are 22M $ waiting to hit dividends this month, or ~0.1 BTC/share , there is absolutely no reason to withholding them for any longer.
How can someone think about august? There is no reason. Explain.
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RoadStress
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June 19, 2014, 07:48:56 AM |
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Where are dividends ? ? ? ..............
Right now around minimum of 36 millions $ are somewhere
You are assuming that all chips are sold which is simply wrong. It will take A LOT of time until all chips will sell.
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bitsalame
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Preaching the gospel of Satoshi
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June 19, 2014, 09:36:45 AM |
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Where are dividends ? ? ?
price per Gh/s 0,49$ < minimum price tag production cost Gh/s 0,2$ < maximum possible price tag
April batch # of chips 850 000 ... sold for 4 165 000$ > REINVESTED (~2 082 500 chips) May batch # of chips 3 350 000(plan) ... sold for 16 415 000$ > REINVESTED (~8 207 500 chips) surplus of 1 507 500 chips or 3M$ June batch # of chips 6 700 000(plan) ... sold for 32 830 000$ > ? ? ?
Right now around minimum of 36 millions $ are somewhere
lets reserve capital for next July batch of lets say 7 000 000 chips , that's 14M maximum ... so there are 22M $ waiting to hit dividends this month, or ~0.1 BTC/share , there is absolutely no reason to withholding them for any longer.
How can someone think about august? There is no reason. Explain.
Let them keep reinvesting until they can distribute 1 btc per share ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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necro_nemesis
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June 19, 2014, 09:43:55 AM |
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Where are dividends ? ? ? ..............
Right now around minimum of 36 millions $ are somewhere
You are assuming that all chips are sold which is simply wrong. It will take A LOT of time until all chips will sell. Your assuming they didn't sell or go into mining or franchising. Both are assumptions to be taken as merely that. Along that same vien Spoondoolies future chip specifications and availability are merely assumptions until they physically exist.
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RoadStress
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June 19, 2014, 09:51:57 AM |
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Where are dividends ? ? ? ..............
Right now around minimum of 36 millions $ are somewhere
You are assuming that all chips are sold which is simply wrong. It will take A LOT of time until all chips will sell. Your assuming they didn't sell or go into mining or franchising. Both are assumptions to be taken as merely that. Along that same vien Spoondoolies future chip specifications and availability are merely assumptions until they physically exist. If they already sold 60PH worth of chips then you should get some dividends, but you aren't getting anything for the moment so that means that either FC re-invested all the money or that the chips didn't sell. It's easy.
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Zubilica
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June 19, 2014, 10:03:07 AM |
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ooo but they have the $ the only thing now is to buy BTC , it may take up to 6 months btw.
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rudi
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June 19, 2014, 11:36:47 AM |
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ooo but they have the $ the only thing now is to buy BTC , it may take up to 6 months btw.
Could you please elaborate?
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ZephramC
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June 19, 2014, 01:13:25 PM |
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Where are dividends ? ? ?
price per Gh/s 0,49$ < minimum price tag production cost Gh/s 0,2$ < maximum possible price tag
April batch # of chips 850 000 ... sold for 4 165 000$ > REINVESTED (~2 082 500 chips) May batch # of chips 3 350 000(plan) ... sold for 16 415 000$ > REINVESTED (~8 207 500 chips) surplus of 1 507 500 chips or 3M$ June batch # of chips 6 700 000(plan) ... sold for 32 830 000$ > ? ? ?
Right now around minimum of 36 millions $ are somewhere
lets reserve capital for next July batch of lets say 7 000 000 chips , that's 14M maximum ... so there are 22M $ waiting to hit dividends this month, or ~0.1 BTC/share , there is absolutely no reason to withholding them for any longer.
How can someone think about august? There is no reason. Explain.
Let them keep reinvesting until they can distribute 1 btc per share ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Keep in mind that ability do not imply obligation.
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arousedrhino
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June 19, 2014, 01:31:03 PM |
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Where are dividends ? ? ?
price per Gh/s 0,49$ < minimum price tag production cost Gh/s 0,2$ < maximum possible price tag
April batch # of chips 850 000 ... sold for 4 165 000$ > REINVESTED (~2 082 500 chips) May batch # of chips 3 350 000(plan) ... sold for 16 415 000$ > REINVESTED (~8 207 500 chips) surplus of 1 507 500 chips or 3M$ June batch # of chips 6 700 000(plan) ... sold for 32 830 000$ > ? ? ?
Right now around minimum of 36 millions $ are somewhere
lets reserve capital for next July batch of lets say 7 000 000 chips , that's 14M maximum ... so there are 22M $ waiting to hit dividends this month, or ~0.1 BTC/share , there is absolutely no reason to withholding them for any longer.
How can someone think about august? There is no reason. Explain.
FC ran away with them! OMG hes right lets all panic! Why is August unreasonable? There are pains exchanging fiat to BTC in China so once there is positive cash flow there will be a delay to covert the fiat to BTC.
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June 19, 2014, 02:28:42 PM |
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How about keeping a bit more cash reserve? Makes me nervous seeing that we were at close to zero with lots of stock. That's how you go broke although you don't need to? I am in for the long run here. Paying dividends necessarily weakens a company, because they could spent it on expansion, building their own datacenters or anything like that. I'd rather have a high rate of reinvestment, but then I don't have all the information.
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spartan82
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June 19, 2014, 02:40:18 PM |
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Why not just keep pumping the money back into the company and receive yearly dividends every Christmas? I'm all for it ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) keep the funds FC, make it a fatter payout at the end of the year for us lol
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Ozziecoin
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June 19, 2014, 02:40:44 PM |
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Where are dividends ? ? ?
price per Gh/s 0,49$ < minimum price tag production cost Gh/s 0,2$ < maximum possible price tag
April batch # of chips 850 000 ... sold for 4 165 000$ > REINVESTED (~2 082 500 chips) May batch # of chips 3 350 000(plan) ... sold for 16 415 000$ > REINVESTED (~8 207 500 chips) surplus of 1 507 500 chips or 3M$ June batch # of chips 6 700 000(plan) ... sold for 32 830 000$ > ? ? ?
Right now around minimum of 36 millions $ are somewhere
lets reserve capital for next July batch of lets say 7 000 000 chips , that's 14M maximum ... so there are 22M $ waiting to hit dividends this month, or ~0.1 BTC/share , there is absolutely no reason to withholding them for any longer.
How can someone think about august? There is no reason. Explain.
Let them keep reinvesting until they can distribute 1 btc per share ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Looking good
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empoweoqwj
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June 19, 2014, 03:20:09 PM |
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How about keeping a bit more cash reserve? Makes me nervous seeing that we were at close to zero with lots of stock. That's how you go broke although you don't need to? I am in for the long run here. Paying dividends necessarily weakens a company, because they could spent it on expansion, building their own datacenters or anything like that. I'd rather have a high rate of reinvestment, but then I don't have all the information.
The idea is that they are selling the stock as we speak. Selling chips makes a good return. Holding cash doesn't. If AM can't make a profit selling chips we are all f**** anyway. They have always held enough back for reinvestment anyway.
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NotLambchop
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June 19, 2014, 03:23:24 PM |
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Why not just keep pumping the money back into the company and receive yearly dividends every Christmas? I'm all for it ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) keep the funds FC, make it a fatter payout at the end of the year for us lol Exactly! But why stop at a year? Reinvesting yearly divs would assure even moar profit! The glorious Soviet economy revolved around "petiletka," a five-year plan so effective that it was always completed in just four years! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fsashkin.org%2Fwp-content%2Fuploads%2F2010%2F03%2Fpetiletka1.jpg&t=665&c=JtxaHlw4jGBqEw)
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bitcoin.newsfeed
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June 19, 2014, 03:35:34 PM |
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Why is August unreasonable? There are pains exchanging fiat to BTC in China so once there is positive cash flow there will be a delay to covert the fiat to BTC.
nope. 14) What is the estimated conversion time from chip sales to dividends?
The conversion time itself is fast and should not be the main stagnation of the time frame. @NotLambchop : good one ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) like always
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... Question Everything, Believe Nothing ...
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KarmaShark
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June 19, 2014, 03:41:16 PM |
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If dividends do not come in July it is likely due to the sales of chips. If the 60PH is 1 to 1.5 months of stock, inventory may not be completely moved until mid to late July, plus conversion to BTC. I am sure the question of "When do you anticipate AM to become cash flow positive?" will come up in the next round of shareholder questions. My guess is as good as anyone else's on when the company enters into that mode.
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Ozziecoin
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June 19, 2014, 04:09:09 PM |
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If dividends do not come in July it is likely due to the sales of chips. If the 60PH is 1 to 1.5 months of stock, inventory may not be completely moved until mid to late July, plus conversion to BTC. I am sure the question of "When do you anticipate AM to become cash flow positive?" will come up in the next round of shareholder questions. My guess is as good as anyone else's on when the company enters into that mode.
After FC sells several container loads of chips to DataTank. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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minerpumpkin
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June 19, 2014, 07:09:09 PM |
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Aww, nice 100 shares wall, we bearely knew ya ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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I should have gotten into Bitcoin back in 1992...
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kingcrimson
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June 19, 2014, 07:18:40 PM |
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66 % share price drop still stinging, that is what, hundreds of millions? I hope they will be able to compete. They look pretty good on paper but so did everything.
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June 20, 2014, 11:31:22 AM |
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I am more hurting from the whole 95% drop ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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