Post
Topic
Board Securities
Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx
by
RationalSpeculator
on 26/04/2013, 17:38:05 UTC
We signed up to pay EV directly, and in return we get some dividends from his business.  There is no board, we don't get votes, we don't even get an annual shareholders' meeting or detailed quarterly financial reports.  The SEC isn't checking to see where the revenue from these shares goes, and we don't know either.  EV could just be buying a ton of fur coats, I don't know.

What do you mean with 'revenue from the shares', the shares Erik owned and sold to others? The shares you own and sell to others? Or the revenue/profits the company makes?

Why is it important that we know what EV does with the money he gets from selling his shares?