Post
Topic
Board Group buys
Re: [Group Buy]12 KNCminer Jupiter's [Live][Updated]
by
sunriselad
on 08/06/2013, 20:31:43 UTC
Soniq,
Could I just clarify that proceeds will be shared out prorata form ALL delivered Jupiters to ALL shareholders.

By that I mean if the first 2 jupiters get up and running first then will all shareholders be getting shares from that moment.

I presume that the jupiter number that a shareholder has contributed towards (e.g. 2nd on your documents) is purely for your own administration and letting us know where you're at.


Is this correct?

Many Thanks

I have have clarified this in OP. That priority will be given to shareholders in order they invested  in case of partial delivery.

My reasoning is that this GB is not an recognized equity/offering, but a combined effort to buy 12  Jupiter miners. Therefore your share purchase is buying a portion of earnings from one or more Jupiter miner.  .





Surely everyone should get a share of each and every miner that starts hashing, that is what a group buy for shares in 12 (or part thereof) jupiters is.
Otherwise we have just invested in a group buy of 1x Jupiter, of which you are doing 12 times!