Post
Topic
Board Securities
Re: [BitFunder] AMC-The Official Active Mining Cooperative Discussion
by
kslaughter
on 30/05/2013, 20:42:00 UTC
Just answer the following please

How many shares do you hold in this company??

How much capital did the owners invest??

Suppose by the time your avalon ships you have sold 5,000,000 shares.. would you divide the divident between these 5000000 or the 40000000??

I own 40% of the company, or 40 million shares.  These 40 million shares do not receive dividends until the total dividends paid is .0005 per share and 12 months have elapsed from the date of the IPO May 1, 2013.  I have invested the 6 Avalon's which are paid for.  I am continuing to invest my time and talent developing AMC's IP which will bring the investors a 10% royalty on machines VMC sells with AMC technology.  The dividends are divided between the 40,000,000 issued shares of which 20,000,000 shares are in the growth and expansion fund.  This fund is used to purchase more mining machines from VMC or others.  AMC will receive dividends from unsold shares which will be used to purchase more mining machines, R & D, direct mining expenses, etc.