I am pleased to introduce a Managed Fund investment opportunity on cryptostocks.com.
CIMF is only in the preliminary stages as of the moment but our vision is to have a managed fund within 6 months of our IPO.
CIMF will employ financial advisors on a commission basis, based on their previous work and past portfolios.
With the capital raised on cryptostocks.com the bitcoins will then be exchanged into $AUD and the money will be deposited into a managed fund.
This is a niche of the market that we believe exists, bitcoin enthusiasts have looked for a way to have a fairly stable backing like gold,
with CIMF you are able to invest in the $AUD stock market and have regular returns.
Because our company is based in two currencies problems arise with exchange rates and the value of stock. We intend to start small, and grow in manageable stages.
Our IPO will initially be worth only $AUD50,000. The bitcoins collected will then be exchanged and invested on the Australian Stock Exchange.
The company will be based in AUD, so shareholders will receive a dividend based on the value of the AUD and performance of the fund.
Because of the volatile nature of the bitcoin, this is an investment opportunity to have a stable investment like gold but earning interest at the same time.
The only downside is if the bitcoin rises in value against the AUD. We hope to overcome this by offering 1 cent shares enabling miners to invest some of their income investing in a stable currency.
Payouts will be calculated in AUD and then divided by the number of shareholders in bitcoins.
Our employees have consistently returned averages of 20% R.O.I p.a. peaking at 30% in the past 3 years.
Working on a commission basis encourages our financial advisors to perform to the best of their ability.
This will be a simple 20% additional commission for every dollar made over 20%. For example: if $100 earns 30% interest, we will deduct $2 as commission.
The only other fee associated with the fund is an initial 5% admin fee. This 5% will be held in the fund owned by CIMF.
This will be the only fee associated with the investment, the only other being the performance based commission.
With this project being in its infancy, I would like to introduce it to the bitcoin community to assess market feasibility,
hone and possibly revise our business plan using input from the bitcoin community. With saying that, I welcome all comments and questions and will try to address every point.