Quote from: Thalum on July 02, 2013, 06:00:15 PM

You seem to know what you're talking about VBS, so I think I'd be happy with a structure like that. So long as there's space for the valuation to increase over time, rather than topping out at an extreme valuation and having to space to move, most people would be happy I'd guess.

Just as a separate point, this is the profile for TAT.ASICMINER (https://bitfunder.com/asset/TAT.ASICMINER)

Under the 'Shares Total', it's 10 million, and under 'shares issued', it's 24,468. The dividends are split up over this 24,468, not the 10 million. So to me, that seems like 24,468 have been sold. Does AMC follow the same structure?

From what Lewiki said earlier:

Quote

6,530,741 shares have been sold on bitfunder and 500K on BTC-TC. The rest(20M + unsold public shares), go to reinvestment.

But dividends are split up over 40 million on bitfunder. What am I missing, given what I mentioned earlier about unsold shares and dividend payments.

P.S. Sorry, I know I keep banging on about this, but I'm actively trying to learn, not derail.

For TAT.AM it means ThickAsThieves is backing those 24,468 with 244.68 "real" Asicminer shares (the real dividends are coming from those; actually, 232.446 "real" AM shares, since he takes a 5% cut). That is just a "pass-though" asset, which means he receives the BTC from AM to his own shares and then pays it to TAT.AM shareholders.

Yes, AMC dividends are split into 40M, that's why on VMC reinvestment should not be done this way (using shares for a cut).