Clarification of Unsold Shares
Now ASICMINER controls 163,962/400,000 of the whole identity, while Bitfountain controls 236,038/400,000.
I was under the impression that 50% of all profits were to be distributed to the investors and the other half to the Bitfountain founders. Now it's become roughly 41% for investors and 59% for BF because you stopped selling shares early. Did the original contract allow for this?
What if ASICMINER had been fully funded after only 50k shares were sold instead of after 164k, because of a sudden rise in BTC price? Then we'd have 50k/400k = 12.5% share for investors and 350,000/400,000 = 87.5% share for Bitfountain now?
Doesn't look like a fair solution to me. To get back to a 50/50 ratio for investors and founders, as it was originally announced, you'd have to subtract the 36k unallocated shares from the 200k Bitfountain shares instead of adding them. No?
It has always been said that 1 share of ASICMINER would get 1/400000 th of the dividends.... And it still does.
There are still 200.000 Asicminer shares and 200.000 bitfountain shares.... Only bitfountain now holds 36.038 shares of Asicminer.... Nothing wrong with that