Quote from: Eliphaz Fimk on August 08, 2017, 08:20:16 PM

Quote from: Loco Motive on August 08, 2017, 05:42:42 PM

Is the heatledger.log file that's present in Local/Programs/heatwallet/resources/heatledger usefull for something or is it just a log file?
It's almost 30 Gb and i really could use that extra space on the ssd

Not useful for anything but debugging. Most likely fit for deletion.

Quote from: tetra on August 08, 2017, 04:08:13 PM

Acutally, how will shareholders get compensated?

Shareholders's / share token holders' potential profits are formed by the following routes:

- share price appreciation
- dividends, usually yearly but we're investigating the legal prospect of quarterly
- possible buyout, in which case there would be mandatory exchange of shares to either some high predetermined cash price, or shares from the acquiring company.

Dividends are paid out from a portion of realized profits from the fiscal year, so yes they consist of liquidated crypto profits and sales. The portion to be paid out in share dividends is decided by the board. So if we founders choose to pay higher dividends, we decide that in the annual meeting and the same needs to be applied to other shareholders.

If share profits are appealing, HEAT token demand is expected to rise as shares are priced in HEAT (at least).

As I have said, it is complete horseshit. And it is even worse....
"Dividends are paid out from a portion of realized profits from the fiscal year, so yes they consist of liquidated crypto profits and sales. The portion to be paid out in share dividends is decided by the board. So if we founders choose to pay higher dividends, we decide that in the annual meeting and the same needs to be applied to other shareholders."

"realized profits", this means the profits only if they ACTUALLY SELL cryptos, as stated short after that, this is decided by them. So if they have a burnrate of monthly 20k and they decide to monthly sell cryptos for 20k, then you get nothing. The burnrate will be way higher in my opinion. In case their cryptos goes down your shares even lose value(in reality they are worthless anyway because you can not withdraw any of the cryptos they hold). So in case their crypto value goes up, they can just expand and buy more bullshit or pay themselfes more salary in which case you will also go home empty handed. In case they decide to not sell any crypto you are fucked no matter what.
"if we founders choose to pay higher dividends", yeah right as we have seen before these samaritans are all about their community and paying them out their money and even more... Just as we have seen with the bch case where they stole their customers money or with the ico tokens or or or... Roll Eyes

They can just let this company survive, do nothing and pay themselves a nice salary for the rest of their lives. Nobody will buy these horseshit shares so don't be fooled by the "HEAT token demand is expected to rise as shares are priced in HEAT (at least)." horseshit. Sometimes I wonder how stupid they think the people in here are? Nothing will happen. Heat is dead and these scammers should be already rotting in jail.

To sum up, as they hold btc and eth anyway it would be much wiser to just buy eth and btc as you will have actual profits without some kind of gatekeeper and without a quiet high burnrate that cuts your profits. Also you have not to worry about these fuckers to just run away with your money or fuk up everything by some other way. Oh and I bet they pay out dividens in HEAT. Look at the price, you get paid out heat for 2btc and the price is 0. Oh and these fuckers reserved 1million heat coins, I bet these will be used to pay out the dividens. Man these guys are some nasty scammers, why are they not in jail yet?