Post
Topic
Board Securities
Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE
by
altoidmintz
on 30/05/2014, 15:38:32 UTC
Why does it matter how many shares are sold in IPO? We now have 15GH/share, so what would be the benefit?
The more shares sold in IPO, the less CryptX has to pre-finance, we currently pre-financed 964 BTC. If and additional 10,000 shares are sold in IPO, the loan would be reduced to 530 BTC, with complete IPO sold out, this would mean, no loan has to be paid back.

Ah ok that makes sense. It would have been more motivating for investors if we were clearer about this early on imho.

Dividend payout will resume next Friday (June 6th)

Sweetness-sauces.

...we propose to alter the dividend / reinvestment ratio to 50/50.

Huh? Lol. Define "propose." In this context, I think it is used to replace the following term with "will."

Maybe it's a good thing though idk. Bring in the numbers with the new ratio plz boys. We need to evaluate this move.