Quote from: stevenroose on January 31, 2014, 01:03:53 AM

@DeaDTerra

I'd like to ask a few questions. Hopefully they are politely enough to be answered, each one of them separately.

1. Is there a time frame for when we will be able to trade shares again?

2. Do you consider mining on P2Pool? The network will benefit and we are really just the size P2Pool is intended for.

3. What compensation did/will we get from HF for the delay? Are you still negotiating with them actively?

4. Considering the huge delay (in Bitcoin terms), what is the management's opinion about our current status? More specifically about the odds of (IPO) investors making it to break-even. Are you positive about it?

Hi,
Thank you for the questions.

1, I will have more info on that by next week. Hopefully within a couple of weeks, we don't want to rush things but we are working on it.

2, We are considering it, as I have understood it, it is a matter of tuning the software to P2Pool. The software we are using is early on, hopefully it will be improved over time. We are keeping P2Pool in mind and in the long term it is one of the solutions we are considering together with solo mining, and split pool mining.

3, We are currently actively negotiating with them regarding the delayed shipping, it is a process but we are making progress. Please be patient as soon as we have something solid and signed, we will tell you guys how it will affect the public share holder and the IceDrill project.

4, My personal opinion is that in terms of BTC it will be hard to break even short term due to the massive difficulty increase and the delays we have encountered, but that in the long term through hard work, reinvestment and innovation, I hope we should be able to break even in BTC terms. I am personally a public and private investor, I as much as anyone want to see this venture succeed.

//DeaDTerra

Quote from: SimonBelmond on January 31, 2014, 05:44:29 AM

@DeaDTerra

What is the divident payout scheme? Monthly, weekly...? When will the first dividends be payed out?

The plan is for the payouts to be on a weekly basis, we have currently been so busy that we haven't had time to setup a automated system.
We will have a automated system which pays out dividend until we can launch on a platform which we can pay dividend on.
I will talk to Willem today regarding the ETA on such a dividend system.

//DeaDTerra