Post
Topic
Board Securities
Re: Starting a new FPGA mining farm/contract! Cognitive Resurrected on [BTC-TC]
by
Garr255
on 21/07/2013, 09:25:24 UTC
Great!

Also, for our next round of COG.F I am thinking we stick with the same contract, and just change the inital price per contract for 20 shares from 2.5 to 10 btc each. This effectively prices the contracts at BTC0.5 per share.

Our last round of COG.F sold at BTC2.5 per contract for 20 shares and is now trading at BTC12 each! I hope to see the same kind of turnaround for our COG.F holders this time around Smiley

The security will be called COG.F2 and is already pending admin approval then will be up for voting on BTC-TC, but will not become active until the motion passes, of course!

why not 1:10 split??

I do believe a split will help liquidity on the market. I believe a 1:2 split would be more beneficial for Cognitive, on the basis that we would still have the integrity of being around BTC0.5 per share. If there are no objections I'll raise a motion for a 1:2 split Smiley