Post
Topic
Board Securities
Re: [GLBSE] NASTY - No Operator Costs, Free Electricity, Free ASIC Upgrade!
by
Bastone
on 30/09/2012, 07:11:57 UTC
So when you get your ASIC's and its over 20Mh per share, you said that you would transfer shares to a private account until the payout was 20Mh per share and use the private account to pay for electricity and buybacks..  So the time it will be over 20Mh per share is very brief.  That seems to be in effect a 20Mh per share cap.  Until all of the gear is received and it will be slightly over 20Mh for the full 25,000 shares.

You are making assumptions about the rate at which shares would be transferred to a private account.  As the controller of the company, that makes me the single largest controller of NASTY shares at the present time.  That is a rather large incentive to keep dividends high, shareholders happy, and the share price elevated. 


So your saying you own all those unsold shares?  I thought the shareholders owned this company and the equipment?  Apparently they only own 7k and you own 18k?