Post
Topic
Board Securities
Re: 0.19 J/GH - CoinBau looks for investors in German mining technology
by
dentro
on 13/08/2014, 08:36:56 UTC
Hello,

we expect less than $1 per GH/s retail costs and even less production costs based on our experience with our generation 1 miners.

The annual general meeting of all shareholders decides on the dividend payout based on the achieved profit, so we cannot preset the dividend payouts now. However, we would like to pay 50% of the profit (in our scenario these are about 10 million US dollar) as dividend to the shareholders after year 3. The rest we want to use for reinvestments. In the following years the profit and dividend payout will be even higher - assumed Bitcoin stays at least stable.
We know, we will require two years to build up the mine by reinvestment of the mined Bitcoins in order to achieve significant market share. That's the reason for no dividend payout in the first two years.

In order to build up the mine with a reasonable growth rate our calculations recommend a total of 15 million US dollar. We can also start with 10 million US dollar but in that case, the groth rate is much smaller and significantly less dividend payout will be possible after year 3.

Best regards,
Markus

So because you only issue 50% of your shares to you shareholders, which would invest 15 million in total, that means if I invest 10'000$ I would receive 3333$ as dividend in your example right? will I be able / allowed to sell me shares?