Post
Topic
Board Securities
Re: Official Exchange-Spot Investment Support Exchange.ESIF ESIF ESBM
by
pokey
on 14/03/2013, 05:57:23 UTC
As this investment states it is held in US dollar denominations within US stock markets.  So returns are going to be based in dollars.  Now with the quick rise in btc value as of late it does create a situation that will product smaller returns with the aspect of btc percentage of return, as it will do the exact opposite and create greater returns when btc decline.  In our activity report that we have posted you can see the average cost of btc when shares were purchased from us.  Our thought would be that the investor will set the price on what they are willing to invest for the return that we are providing.  I believe you have made a good point that with this rise in value of the btc  that we need to offer unsold shares at a more comparable price to where they have been selling in relation to the value in US dollars, since that is how that money is held in investment. 

We do offer buyback on shares for 110% of recent trading price as listed in the asset page.