Quote from: My Name Was Taken on November 13, 2014, 06:17:18 PM

Quote from: CreativeMining on November 13, 2014, 08:19:01 AM

Quote from: My Name Was Taken on November 12, 2014, 07:32:05 PM

Quote from: CreativeMining on November 10, 2014, 08:19:07 AM

Dear Shareholders,

Creative Mining management team held initial meeting last friday regarding the future of our mining facility in Bochum. We have decided we will use our mining profit and re-investment funds to expand mining operation in to living quarters of our underground facility. This will give us about 40m2 of space and allow us to use the full advantage of free electricity grid. We have already purchased the racking system, fire suppression unit, 3x 12" server extraction units, electrical wiring and power strips. We are currently in the process of evaluating our power usage to maximize the outcome.

We are considering launching our own cloud mining service after the Initial Public Offering shares are sold. Creative Mining board meeting will be scheduled for next week.

Additionally, we have just received our 5 (five) AntMiners S3 from Mariusz and another order was placed with BitmainTech re-seller for 12 (twelve) AntMiners S4. These will be deployed once We have the 2nd server room ready. More updates will follow.

We have engaged in conversation with one of the leading marketing firms. Creative Mining will soon be launching it's own marketing campaign. Stay tuned.

Creative Mining

"The future is bright"

It sounds like you will no longer be paying dividends. Is that accurate?

What does "expand mining operation in to living quarters" mean? Are you living at the facility underground?

Creative Mining dividend payouts will continue as per contract.

It simply means We are using the profit We have made so far to expand our mining facility. Yes, the living quarters were initially created for the operators to stay overnight. The space was also used as storage room for boxes and spare equipment.

Does that mean the profit that you designate for 're-investment' or is the money coming from somewhere else?

Yes, Creative Mining re-investment fund is also used for the expansion but mainly, We are funding the operation from mining profit We have made since our launch on Crypto-Trade.com.