Quote from: memvola on February 06, 2013, 11:04:53 AM

Quote from: shaza4061 on February 06, 2013, 06:44:11 AM

When you said that you will need to secure enough bitcoin, does it means that you need more funding? How about a private placement of shares to raise the funding? I will be interested to invest. Thanks

I'm also interested in investing more for some time now, but been waiting for more information and activity to do that.

Regarding funding, the shares issued at 0.6 don't seem to be selling. It raises the question of how to raise funds without hurting current investors while ensuring that new issues are sold.

A rights issue can be used to remedy such cases, and AFAIK it's never used nor implemented in the Bitcoin world.

I'm not a finance person, but as far as I know, this is how it works: Each shareholder of N shares will be given the right to buy k*N more shares at f*M where M is the market price (common sense says both k and f are lower than 1). Shareholders have the choice to exercise this right and even sell it.

This way, shares can be sold for a fraction of the market price to make it certain that required funding is raised, without upsetting shareholders.

memvola, that's is another way to do it.IBB can also issue a private placement for unsold share to investor in large quantity. If there's no shares to sell, then IBB can do a right issuance to existing shareholder. However, this will need existing shareholder approavl since this will dilute the dividend per share