The interesting possible counter to all this is that Friedcat and the Board should consider the following:
- Change dividend policy to monthly (or even quarterly)
- Change update policy to the same frequency
The reality is that since AM is a privately-controlled company with a minority listed on exchanges and it is not seeking to raise money since it's very profitable, it has no reason to be wasting it's time dealing with the absurd frequency of updates and dividends demanded in the Bitcoin World. That way it could officially just concentrate on running the business.
As I've said before, I'm involved in a few big private companies as a Director, Investor or both. Not one of them provides either a shareholder update or a dividend more frequently than quarterly.
What do you think what amount of time the div payment will take? I think it will be pretty low time. Friedcat calculates the income, checks what he should keep back for investment, calculate the earnings through the shares, insert those numbers in a script and click send. Thats it. I think its a good idea to check the income weekly and i dont think that a reasonable amount of time can be save to do this 1 time instead 4.3 times a month.
No updates are not very good but that will take a bigger amount of time. Probably there isnt much to tell at the moment.