Quote from: howardb on June 02, 2014, 02:26:05 PM

Quote from: mikemikemike on June 02, 2014, 02:09:03 PM

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

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

Quote

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.

You do understand that as a self declared none shareholder we have to take your motivation for comments like that with a HUGE pinch of salt.

I got a couple of my friends to invest in this project, they still own shares as the reinvestment percentage changed and I've told them to hold, I don't even trade securities anymore I'm just here trying to keep up with the world.

And anyways, all I've said is you can't keep up with difficulty, which is a known fact. From there onwards your only choice is to pump out dividends early because of diminishing returns. And also, why reinvest now at a loss of ROI when you can just use the remaining shares to buy new machines later?

Ugghhhhh. It's honestly how I would want it. My days of securities trading is over. If I wanted to play you guys I'd be here asking for a 100% dividends payout so investors would get an increased shareprice then I could sell the shares at a 20% ROI within a week. But I'm not, I honestly believe 65/35 is the best policy.

Good luck.