Post
Topic
Board Securities
Re: [BTC-TC] BitVPS
by
BitVPS
on 11/04/2014, 10:28:33 UTC
Quote
    To this end we have calculated the price to be $0.025/share. This
was derived from taking the average of the final dividends paid for the
last 2 public statements of BitVPS, and multiplying it by 12, for 12
months. Then finally dividing it by one (1) million for the shares and
rounding to the nearest third (3) decimal place.

So they are buying the whole thing back for just $2500?! This implies that average monthly dividend is just $208.

Quote
We’d like to express our sincere gratitude to all shareholders who’ve
been with us since the beginning. BitVPS could not have grown to the
multi-faceted hosting solutions provider it’s become without all of you.

Well, according to your logic, this "multi-faceted hosting solutions provider" is worth only $2500, so it looks like it haven't grown much, you don't need to thank us.

I bet domain name alone is worth way more than $2500.

I would like to correct your calculation, it is actually $25,000 paid total for the company. This is 0.025cents multiplied by 1 million