Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE

Quote from: howardb on June 02, 2014, 02:00:07 PM

Quote from: altoidmintz on June 02, 2014, 01:41:47 PM

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To have a better view about current unit holders dividend / reinvestment preference, we are opening a vote where every unit holder can submit their preferred ratio. The vote will only be valid for current unit holders and held until Thursday, June 5th 2014 - 12:00 GMT. Votes will be weighted based on the amount of units of each individual unit holder. Based on outcome, we will adapt reinvestment/dividend strategy.

AWESOME! Even though it may produce little to no effect, THIS IS TRANSPARENCY and we appreciate it.

For myself, I'm content with any reinvestment amount under 60%. I'll be voting to reinvest 50%, even as a vote of confidence, but also because it falls in my acceptable range.

To succeed PETA MUST grow faster than the difficulty. Now that may take more efficient kit and/or greater re-investment percentage or a host of other things, but if we do not outpace difficulty, we end up a forgotten footnote and a failed investment.

Reinvestment will never keep up with difficulty. It's a sad fact but its true. The sooner you get the divs out the better off investors are.

If I owned any shares, 65% divs would be ideal, it would prolong the project slightly and at the same time pay investors a good return. And all in all, when the projects lifetime starts to come to an end, you can just reIPO the remaining shares and buy new units then.