Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
Lab_Rat
on 25/04/2014, 19:49:39 UTC
So to clarify, holders of original bonds are locked at 300Mh now? Then if "upgraded" to new contract they get 3 for 1 split at 100Mh each plus bonus which is depending on how much mine is costing to run and expand etc.

Yes this is confusing.  Does that mean there will be two different bond types now?  So when we trade bonds, we need to pay attention to what type of bond it is?   We really need to land in a place where all bonds have the same practical valuation.

Yes, this is correct.  We will be addressing this issue in the near future and will advise if we do.