A dividend was paid out today.


$7.12 was the dividend amount and 15% was set aside for taxes. ($1.07) leaving us with $6.05 to be paid out to investors.

There was no Dwolla fee since this was under $10.00

I converted 6.05 @ the market price and received BTC0.2848.

I transferred the BTC0.2848 and paid the transfer fee myself (0.0005).

I then paid out the dividend. With Cryptostocks collecting their fee on dividend payment, the end result was: BTC0.28479863 total paid out to 541 shares. The dividend per share was: BTC0.00052643

There should be another payment around February 15th. Since we are now in two dividend paying companies.

**Cryptostocks has implemented a new "Fee Surcharge" system. I will be charging a 0.2% fee for funds management. In light of this, I will be verifying myself with Kluge.

Why will I not verify myself with Cryptostocks? Because if Cryptostocks catches any flack from any government agency, I'm sure they will give up whatever they can to save themselves. I've said it before. I want to avoid any GLBSE fiasco again. If anything goes down, I'll stay in touch and since the funds are in a stock exchange (independent of bitcoins), we won't have any risk of losing them. If I do run for the hills, Kluge will release my information for all to find me.

Feel free to post any feedback or concerns. Thanks!