Quote from: binderclip on April 30, 2014, 09:33:39 PM

What's BMF? Do you have a website?

BMF is the first mining fund in the community and we are the oldest mining fund. We still have major shareholders on the books from the GLBSE era.

We had a website, but there's almost no point to it. When we incorporate (I'm guessing around june) I'll set one up again. The only thing on the website will be a list of past prices I guess. The business model is very simple and there's not much to report.

You'll see that a lot when you encounter a real business vs. a scam, there's always this complex business model that is difficult to describe or to pin down, and the CEOs are not accessible or are prone to doublespeak. With BMF it is very simple, we own mining hardware, we reinvest into to mining, and pay a reasonable dividend. Right now our hardware is around 30 mhash/share, which is not much, but I'm investing a lot of my own money in this which should bring it up a bit.