Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement

As previously announced, I have been working on a series of spreadsheets that will allow investors to view all information pertaining to LabRatMining and how the Bitcoin network and exchange rates affect the company.

This spreadsheet was developed to add some clarity to the previously vague "Minimum of 100MH/s per bond."

I have taken into account all variables involved except reinvestment by the company as this quantity will vary over time. There are fixed costs involved in hosting the equipment as well as variable costs that will determine the amount that will be reinvested.

Below is some data that has been calculated given a scenario based around the following assumptions:
-BTC/USD = $90.00
-Expected Difficulty at the time of hardware deployment = 45,000,000
-The period of time you wish to measure in weeks = 26
-The percent increase in difficulty per adjustment = 14

[...]

This spreadsheet was made using Excel. You may download the spreadsheet to allow for input of your own assumptions. The fact that these were produced using Excel may cause some individuals to not have access to using the full potential of this calculator, but Google Docs has a built in spreadsheet viewer that will give you the full information based on the assumptions above.
Here is the link to access the complete spreadsheet and README: https://drive.google.com/folderview?id=0BwZCh0jtSZkwR1A4RS04TkNUcVU&usp=sharing

Because you have stetted a price gap ,there are little hope you will sold your bonds above 0.15...

anyway, the calculation above isn't the same , for example : you said 16500 sold would be 6.9 TH in total. which should be equivalent to 418M/M h per bond.
but you stated that individual bond has 318.86/Mhash. and the term of 100M/hash rate bond which originally you stated in the contract now become 300M/hash rate.(Is that you manage your contract by just typing it like whatever you like to?)

So you believe that 100% of all profits made by LRM should be equally distributed amongst the bond holders? Lab Rat isn't running a charity, it is a business. Not to mention all of the other overhead costs and his time investment associated with hosting a large scale mining farm.

At least he should update his contract ,in order to disclosure everything in it, not in this thread... the term in his contract is vague and isn't mentioning anything of his cost .. anyway , it is over-priced mining bond contract ,either you believe it or not , you will find out 12 weeks later,Because there will have better value contract in the market by the time.

If you read a couple posts up from yours you'll notice I updated my contract.

As per the SEC issue. I discussed this with my lawyer over a month ago and I believe that due to these securities being offered to a limited amount of people and/or institutions, as well as being limited in size, they do not have to comply with the SEC unless they are falsely representing their business.

Quote

Not all offerings of securities must be registered with the Commission. Some exemptions from the registration requirement include:

private offerings to a limited number of persons or institutions;

offerings of limited size;

intrastate offerings; and

securities of municipal, state, and federal governments.

By exempting many small offerings from the registration process, the SEC seeks to foster capital formation by lowering the cost of offering securities to the public.

Found here: http://www.sec.gov/about/laws.shtml