Post
Topic
Board Altcoin Discussion
Re: [ANN] [LTC] PYRPXYLTC - Pyra-Proxy LTC Mining Fund
by
pyra-proxy
on 11/12/2013, 14:10:53 UTC
What are you planning? What is the financial status of the project?

I'm working on a new prospectus for the funds to diversify mining out of just pyramining investments since it has been so slow and not yielding desirable return timelines.  This will likely be up for voting around the upcoming holiday break.  If you have any ideas for inclusion into a new prospectus, please throw some out here.  Financially we have no losses or anything it's just our return rate has been stretched so that I can't award dividends at a desirable rate currently.  If you browse the pyramining accounts you can easily see what assets we are in control of.  The obvious benefit of the slow return is that with the increasing values of LTC the fiat value of the current fund owners has increased significantly.