Post
Topic
Board Altcoin Discussion
Re: [ANN] THE NEXXUS PROTOCOL - P2P Altcoin Exchange/ Multiwallet / P2P Hosting
by
Spratan
on 21/03/2014, 10:34:22 UTC
I own 15% and don't really care about share price. I have seen delivery of a wallet, exchange and soon to be deployed android app. I don't see many others with that particular feather in the cap. The share price can remain at zero for a while - so what. Its there for a reason.. no dividends. And why the hell should a business pay out dividends when its in start-up? A good business will earn profits and pay shareholders from profits. Cryptsy does and I am sure Nexxus will get there. Patience is a virtue. Want to get rich quick overnight? - get a lottery ticket or go to a casino.

I would be more worried about scams where large divs are paid out for a period of time and then the stock goes bust. I am glad with my Nexxus investment. If the market doesn't like zero dividends while the company is trying to generate real cash flows, tough. I was consulted about the zero divs and completely agreed with the rationale. I want to give my investment the best possible chance to succeed with a long term view.

I strongly agree there is no need or rush in dividends. Although, I would recommend to have a minimal and clear policy for shareholders : there were dividends until 5th march, so we can't guess if Nexxus goes bust, faces technical delays, or has no user's fees at all, or anything else.  Not anybody was consulted.

I don't agree that it is normal, safe and respectful to say there will be 0 dividend, no news for months, and shares price will go to the floor because that is what devs decided to do and it's better for profits. Cryptostocks is the only "shop front" at the moment. Satisfied shareholders become users and satisfied users become shareholders.