Quote from: mtomcdev on November 17, 2015, 04:32:27 AM

Quote from: meandme on November 16, 2015, 12:44:14 PM

Quote from: mtomcdev on October 27, 2015, 07:17:51 PM

The GadgetNet DAC shares has been issued to all VICR accounts.

Instead of the 20% that was discussed earlier we decided to give away 50% shares to our investors. Therefore, the developers own 50% of the total company shares and the VICR investors own the other 50% of the shares.

Total 19,442,000 has been issued. 100 shares has been allocated to each GadgetCoin, so if you have 1,000 GDGC then you should receive 100,000 GadgetNet DAC shares. If you see an incorrect figure please let us know and we will fix the issue, but everything should be correctly in place.

Currently the shares price is 3 US$ cents per share. You will be able to sell the shares when the share sell/buy function is enabled, most likely later this week. We are talking to angel investors and VCs and if you decide to exit your investment then you will be able to sell the shares to a minimum at 3 cents per share price. We are creating a business with a real product for real world clients and we hope the share price of GadgetNet will increase, so please hold on to your shares if you can as we are targeting the 10 cents per share price within the next few months.

You can review your DAC share holdings by log in to your wallet and clicking on the "DAC" menu item under the "Account" menu.

You will be able to sell the shares when the share sell/buy function is enabled, most likely later this week
how is this going on？

We apologize for the delay with the share trade function. Please give us a few days to enable the feature. There are new opportunities with regards to GadgetNet and other tasks have been prioritized over the share trade feature, but sorry again for the delay and we will try to get it done this week.

Since the last update we have been working hard to develop the software. We decided to publish everything including the P2P video streaming and the complete Internet-of-Things framework in the next release, in a one go. It is a huge amount of work, but we are making a reasonably good progress every day. We are combining all WoT codes into our software and will be releasing a lot more than originally was planned. It will be completely decentralized, but GadgetCoin will be still integrated into it. Our P2P software and security implementation will be presented first time to the W3C web of things user group on the 26th of November. The user group includes companies like Siemens, Alibaba, Oracle, Intel, Google, Nokia, Panasonic and many other big and influential businesses.

I will post a more detailed update later this week.

I personally think that the trade function can wait until after the presentation, it is much less important.