Im alive...
C-Note is alive and well... lots of action on PoloniEx
FAS Up and kicking... New mining Hardware in Place....and Running
I put up a vote on CryptoStocks
./fasbit
You put up a vote
on the fas page asking shareholders if they want divs, or if they would rather buy more hardware,
and then you go ahead and state
on the GRID page that 100% goes in hardware/
Seems that you already chose what to do with the
"coins you found lying around"Why do you pretend to give out an option for people to vote, when you have already made up your mind?
FAS and GRID are not the same project. There is no pretend here. There is a real vote on FAS. There is NOT a vote on GRID. That will come in 90 days. People need to see that it is growing and gaining value.
./fasbit
You said you welcome criticism and this is going to be critical but I intend for this to be constructive. Do you not understand why anyone with an investment in FAS would want to get any payout they can? The dividends are usually 1 sat per share so even if someone would buy FAS @ 50 sat (most of us paid much much more), they are waiting nearly 50 dividend payments to make ROI. At your current rate of about 1 payment per month, that's over 4 years ROI. So while I understand the long term positive of investing 100% into hardware, we just have not seen anything to justify it. The dividend payment amount has remained the same while becoming less and less frequent.
On top of that your infrequent communication has made us investors think FAS is just another scam investment on cryptostocks.com on multiple occasions. I'm glad to still see you are around but I think better communication on your part will go a long way to restore faith and share sales.
No problem on criticism. I think the crypto-world has had so many scams that now people are really gun shy and accuse anyone and everyone of a scam. I had to have a plan to make it all work out and come out of the changes in the market and changes in my own circumstances and still take care of the investors.
Here are a few facts you should at least acknowledge:
1) When I sold GRID shares, I raised 65 BTC on the IPO. I think if there would have been a good time to disappear with a pile of money it would have been then. But instead I shipped out 100's of miners to the buyers. What ever was left over became the GRID mining base. To date, GRID has paid out over 9 BTC in dividends.
2) FAS has paid out over 16 BTC in dividends. The original IPO was only 10 BTC. Anyone who bought on the IPO has made 1.6x return.
3) GRID - We bought a new technology at the peak price. Immediately after the IPO the price of BTC started falling and millions of ASIC chips hit the market. The cost of 1mhs of scrypt mining was about $200 on the day we bought the GRIDS, today 1mhs costs about $5.00. These are realities of the market.
Your only real criticism is that I didn't communicate enough. And I apologized to everyone and I'm moving forward, to make it work, to adapt and move forward.
./fasbit