Don't you think the conversion to monsterbyte is a little on the low side? Money has been tied up in CBTC for YEARS, and now it is moving across at 25% of what we initially invested. That means monsterbyte is going to have to go 4X IPO to just break even not too mention the cost of the money tied up for years.
Seems to me it should be moved across at a better rate, especially if IPO doesn't sell out.
Seems to me it should be moved across at a better rate, especially if IPO doesn't sell out.
11 cents a unit is unfavorable (at 1:1 conversion)
Can you explain the math a bit more, I might be overlooking something you are seeing there... They're likely converting the BTC rate of the original IPO into current BTC-USD terms. It isn't really an apples to apples comparison though.
Looks like the sale is going really well though. Congratulations on a lot of hard work.