Quote from: ScarletRhapsody on September 02, 2013, 07:20:05 PM

Why aren't dividends being paid?
Just curious as to what happened to dividends, i'm not sure if I missed something.

If you're a holder, it doesn't matter if dividends are paid today or tomorrow from the standpoint of how much you will get when they are paid, and from the standpoint of capital gains considering the book value. However the market value may fluctuate significantly. My suggestion is to watch the market fluctuations and "buy low sell high" considering our published financial information, which is accurate. The market OTOH does not know what it is doing, clearly, considering BMF.

I can see how you might have gotten used to dividends "today". We were one of the first companies to run daily dividends as a promotional event way back when GLBSE was still around. We still frequently run month-long events where we pay daily dividends. August was a great example of that. But we remain a strongly focused towards monthly statements. Monthly reports make more sense from an accounting perspective. Our contract states, "2. Payments are due on or before the 7th of every month for the previous months trading and investment activity." So you can expect payment in full for September's income on or before the 7th of October. You'll actually receive payments long before that date, the extra time is just breathing room.

Was there a reason you liked "daily dividends"? If you bought enough shares to reinvest a share a day I can see how going back to our contract after the promotion would feel kind of slow and pokey.

p.s. thanks for the concern stridey. Yes I'm fine now, I just need to start exercising again! My job allows me freedom in the mornings so I have plenty of time for that now. I'll also be practsing my piano now. My daughter is finally in school so it's a great time for me to explore freedoms I didn't have before. I'm having lunch much more often with my wife right now. We went out to a nice cheese steak place yesterday for example. The food was so great I ordered a second sandwich. Getting back to that exercise comment above...... Oh well, at least my appetite has improved.

Chat soon~