Post
Topic
Board Securities
Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx
by
evoorhees
on 03/05/2013, 22:26:56 UTC

For April:
Earnings   3813.93462751   btc
Hosting/Tech Expenses   12.2   btc
Head IT April Pro-Rated   52.945   btc
Systems operator   91.7   btc
Legal   25.51   btc
IP Rights to SatoshiRoller   40.46   btc   
Loss Carryover   0   btc
---------------------------------
Net Profit   3591.11962751



The expenses deserve explanation, my apologies.

Hosting/Tech
Self-explanatory. It runs about $500-$1500 monthly. There were recently some additional costs here as we changed hosts twice (once because the host was unhappy with the gambling aspect, the other because the host couldn't handle DDoS). Hosting is now done by more than one company.

Head IT April
This is the former head of IT. He is being replaced (for mutually agreeable reasons), though April/May will likely have overlapping costs as he continues consulting and monitoring the system. I'd rather pay two people simultaneously than be without proper skillsets in an emergency.

Systems operator
This is the new head of IT. Unlike the former one, he is full time SD. He's currently rebuilding much of the code, making it readable, documenting it, etc. He's also building a test server, and will then be building new features.

Legal
Self-explanatory. There will likely be ongoing legal costs for SD. I'm working with a lawyer near Seattle, one in Panama, and one in Toronto.

IP Rights to SatoshiRoller
Mentioned in my previous post. This was a one-time expense to own the rights to the desktop and android client IP outright.

As a heads up for next month, there will be a small cost for a PR/customer service person being brought on board as well as a one-time expense for sponsorship at the San Jose conference.