Quote from: Cozzie on May 16, 2013, 12:47:34 AM

Terms for Burnside's 100% ASICMINER passthrough:

Quote

Payment of dividends is to be made within 2 weeks of their issuance from ASICMINER.
Dividend payments made more than 72 hours after their issuance from ASICMINER will be paid 100% of the original ASICMINER dividend.

Exclusion of Guarantees

This pass-through makes no further guarantee shall any issues arise with ASICMINER's issuer. Should ASICMINER issuers requires any fees/process to claim shares arising from any issue/event, fees will be paid in full in the name of the pass-through holders from future dividends.

What is the percentage of dividend that is released by ASICMiner-PT? I am assuming based on the statement above it is not 100%?

Also, what does the statement under exclusion of guarantees mean?

It's 100% now. That's left over from the previous contract. Sorry about the confusion.

The rest boils down to:
- If ASICMINER goes under, don't get angry at the passthru.
- If ASICMINER starts requiring any kind of fees for transfer or maintenance, then we'll have to find a way to recover those fees. Most likely from the dividends.

Cheers.