Post
Topic
Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
evoorhees
on 13/08/2013, 01:51:02 UTC

Best as I can tell, this investment will only make money for the issuers, their hardware suppliers, and perhaps a few flippers


How do you square this with the fact that these shares pay out .0016 btc before the issuers get any money from the mine? All of the profits are front loaded to the public investors.