The first "Early-Bird" 10,000,000 shares have been posted for 0.00005 BTC each.
Second Batch: 7,500,000 shares will be posted on Friday March 29th for 0.0001 BTC each.
Third Batch: 7,500,000 shares will be posted on Sunday March 31th for 0.00015 BTC each.
Fourth and Final Batch: 7,500,000 shares will be posted at the discretion of btcQuick for 0.0002 BTC each ONLY after all previous share have sold.
How will the raised funds be used?BTCJam currently maintains loan at BTCJam (
https://btcjam.com/listings/2143 ) with a remaining principal balance of about 300 BTC.
First share batch:
300 BTC of the "Early-Bird" will go towards the BTCJam debt to settle all debts.
The remaining BTC will be used to increase btcQuick's rotating inventory supply to sell.
20% of funds raised from shares after the first batch will go to the current issuer for the hard work, time, effort and success of btcQuick.
The remaining 80% will be added to the inventory cycle.
The issuer is essentially selling off the first 20% of btcQuick ownership to cover a loan, increase inventory and increase profits without directly profiting.
Just some calculations, please correct any errors.
Out of which, 300BTC will be used to pay back a loan.
375BTC will go to you - the owner / promoter - for hard work, time and effort.
Total inventory: 1700BTC.
This inventory increases by 1200BTC if you sell forth batch of shares too.