SKEPSIDYNE INVESTORS ARE CURRENTLY VOTING ON LIQUIDATING THE COMPANYDue to the low prices BTC has fallen to, it has become unprofitable to operate the machines, so a motion has been put up to liquidate the company and pay out proceeds back to investors. This vote will be up until
midnight Tuesday, November 22nd. If you are investor and have any questions regarding the liquidation, please post them here, PM me, or email me at
tawsix@skepsidyne.com.
-Tawsix
I will be posting this periodically over the next few days so investors who are just now coming into the thread know the situation.
To address some issues people have brought up recently: I contend that I have paid off my debt to the company between my reinvestment and the time and materials I have personally contributed, as well as the time and materials of others who contributed to the company. $15837.93 is the amount of money that was raised by the company from the IPO. I have paid back 202.7945 BTC back into the company for a value of $3411.58 through reinvestment of dividends, I put 30 BTC of my own from my time solo mining into the company at the beginning (when BTC was at around $7.50, so about $225 from that), I provided a building (with insurance) to house the machines which I valued at $200/month (far below what we would have actually paid to rent a space), and I provided at least $500 of materials to build racks and a cooling system. In addition to that, I logged 243 hours working directly on this project, at a rate of $35/hour. I also contracted the work of several others to help with electrical setup, rack setup, cooling setup, etc. as well as to help take care of the machines in the event that I was unable to attend to them.
I think that this is value I added to the company and value that I should be able to be remunerated for. I do not think I am being unfair in any of the prices or rates I listed. When all is said and done I have invested quite a bit of time and personal capital into this company that would have otherwise had to be paid for by the company, cutting into dividend payments and growth. My investment has easily been worth the $15837.93 that investors contributed.
There are a few people in this thread who contend that I am a scammer and am running a Ponzi scheme and that I have broken countless laws and the contract that this company was set up under. I have not scammed anyone, and no one can point at one thing I have done to scam the people who invested in this company. This is obviously not a Ponzi scheme, as evidence by the output logged on btcmine.com, illustrated by the graphs sharp provided for us. The contention that it is against the contract to liquidate the company is literally the opposite of the truth; there is literally a clause dealing with the procedures of liquidating the company, which I quoted earlier in the thread.
I have done my best to operate this company to the benefit of the investors. I have never done anything to try and scam anyone who invested. You trusted me enough to give me, a complete stranger and unknown, the capital to start this enterprise. There were a lot of bumps along the way and you still trusted me. All I ask is that you keep trusting me and look through the few disgruntled people who loudly throw accusations around.