Pirate40 closed the shop and returns money to investors. How are you going to handle this?
Topic: . - page 6. (Read 67411 times)
An interesting week, and with the changes occurring across the PPT landscape, the PPT.x series is no exception.
3000 "bonds" to be sold tomorrow https://glbse.com/asset/view/PPT.C
NOTICE - change in pricing
To reflect the new top tier interest rate, the floor price is set at 1.0BTC and the payment will be 1.20 being four times 5%.
3000 "bonds" to be sold tomorrow https://glbse.com/asset/view/PPT.C
NOTICE - change in pricing
To reflect the new top tier interest rate, the floor price is set at 1.0BTC and the payment will be 1.20 being four times 5%.
BS&T is changing rates in approximately one week.
I wish to confirm that the currently issued PPT.x bonds will run unaffected through to their end dates paying the full 1.28 on redemption.
That possibly makes them a little more valuable than before. For instance, the PPT.B will give 18 extra days past the interest rate change at full value.
The next PPT.x sale (PPT.C) will have a new strike price above the current 1.04 and I am yet to decide the precise level but considering 1.08 or 1.10.
I wish to confirm that the currently issued PPT.x bonds will run unaffected through to their end dates paying the full 1.28 on redemption.
That possibly makes them a little more valuable than before. For instance, the PPT.B will give 18 extra days past the interest rate change at full value.
The next PPT.x sale (PPT.C) will have a new strike price above the current 1.04 and I am yet to decide the precise level but considering 1.08 or 1.10.
Total before fees was 3141.10489BTC for an average of 1.047034963
| Asset | Quantity | Price | Date |
| PPT.B | 1289 | 1.043 | 2012-08-10 22:00:21 |
| PPT.B | 1 | 1.05 | 2012-08-10 22:00:21 |
| PPT.B | 112 | 1.05 | 2012-08-10 22:00:20 |
| PPT.B | 30 | 1.05 | 2012-08-10 22:00:20 |
| PPT.B | 1000 | 1.05 | 2012-08-10 22:00:19 |
| PPT.B | 60 | 1.050001 | 2012-08-10 22:00:19 |
| PPT.B | 100 | 1.05 | 2012-08-10 22:00:19 |
| PPT.B | 283 | 1.05001 | 2012-08-10 22:00:18 |
| PPT.B | 125 | 1.051 | 2012-08-10 22:00:18 |
The PPT asset transfer is progressing, and I was a little late with the timestamp for this week's sale at 2:00:18 and completed at 2:00:21.
After fees, 3125.399366BTC was realised for deposit.
After fees, 3125.399366BTC was realised for deposit.
Are you going to post the sales? It looks like the average was about 1.0418 per bond. Seems kind of odd that the 1,000 block at 1.045 stood unaffected.
Thanks.
The PPT asset transfer is progressing, and I was a little late with the timestamp for this week's sale at 2:00:18 and completed at 2:00:21.
After fees, 3125.399366BTC was realised for deposit.
Compounding should take this to 4096.761019 and after the 3840 buyback, leaves 256.7610186 for distribution (0.0285290 per PPT.DIV share)
After fees, 3125.399366BTC was realised for deposit.
Compounding should take this to 4096.761019 and after the 3840 buyback, leaves 256.7610186 for distribution (0.0285290 per PPT.DIV share)
PPT.B tomorrow - 3000 bonds up for grabs priced as low as 1.04 returning 1.28 in 28 days.
https://glbse.com/asset/view/PPT.B
https://glbse.com/asset/view/PPT.B
Phew! Almost bought a good chunk of .A's for 1.4 each. 
Just had a few seconds to cancel my order, and after that no more time to place a new bid. So missed my weekly PPT.x dosage. 
Also, please update the sales result file - suddenly all bonds were sold in the auction and there seemed to be two (!) four-figure bids (=never happened before). Together with the sudden rise in the number of insured PPT's and Patrick buying PPT operations I think we've had highly unusual amount of significant news this week. One can't help but wonder what really happened in Vegas.
Btw. I find it quite unintuitive that while the number of individuals backing this asset reduces from 6 to 1, the bonds start selling even better than earlier. This of course makes the change in demand even more relevant (and odd).
Just had a few seconds to cancel my order, and after that no more time to place a new bid. So missed my weekly PPT.x dosage. Also, please update the sales result file - suddenly all bonds were sold in the auction and there seemed to be two (!) four-figure bids (=never happened before). Together with the sudden rise in the number of insured PPT's and Patrick buying PPT operations I think we've had highly unusual amount of significant news this week. One can't help but wonder what really happened in Vegas.
Btw. I find it quite unintuitive that while the number of individuals backing this asset reduces from 6 to 1, the bonds start selling even better than earlier. This of course makes the change in demand even more relevant (and odd).
I'm glad you managed to pull the 1.4. Also, I wasn't able to get to Vegas.
Thanks Burt for pulling the trigger on the auction - the assets should get transferred to my account this coming week, I understand it's a manual process Nef needs to attend to.
Phew! Almost bought a good chunk of .A's for 1.4 each. Just had a few seconds to cancel my order, and after that no more time to place a new bid. So missed my weekly PPT.x dosage.
Also, please update the sales result file - suddenly all bonds were sold in the auction and there seemed to be two (!) four-figure bids (=never happened before). Together with the sudden rise in the number of insured PPT's and Patrick buying PPT operations I think we've had highly unusual amount of significant news this week. One can't help but wonder what really happened in Vegas.
Btw. I find it quite unintuitive that while the number of individuals backing this asset reduces from 6 to 1, the bonds start selling even better than earlier. This of course makes the change in demand even more relevant (and odd).
Just had a few seconds to cancel my order, and after that no more time to place a new bid. So missed my weekly PPT.x dosage. Also, please update the sales result file - suddenly all bonds were sold in the auction and there seemed to be two (!) four-figure bids (=never happened before). Together with the sudden rise in the number of insured PPT's and Patrick buying PPT operations I think we've had highly unusual amount of significant news this week. One can't help but wonder what really happened in Vegas.
Btw. I find it quite unintuitive that while the number of individuals backing this asset reduces from 6 to 1, the bonds start selling even better than earlier. This of course makes the change in demand even more relevant (and odd).
Must be up to PPT.A tomorrow - 3000 bonds up for grabs priced as low as 1.04 returning 1.28 in 28 days.
https://glbse.com/asset/view/PPT.A
https://glbse.com/asset/view/PPT.A
Is there a way to swap my .B to .A's?
Must be up to PPT.A tomorrow - 3000 bonds up for grabs priced as low as 1.04 returning 1.28 in 28 days.
https://glbse.com/asset/view/PPT.A
https://glbse.com/asset/view/PPT.A
Any changes in the way it is run? PPT.DIV will still get their dividends based on profits?
Phil
Phil
The DIV shares will still get 100% of the profits, the contracts don't change.
The only thing I was planning was relaxing the timing of the buy-back and listing of bonds for sale (as there is less likelihood of exceeding 3000 per week). So between 00:00 and 2:00 am UTC (my Saturday midday) the two will probably occur around the same time.
Announcement for information: Over the last couple of days I have purchased the PPT shares of the five other PPT founders. Burt is facilitating the change over of the assets on GLBSE with a bit of manual intervention from Nefario. Otherwise it's business as usual.
Why are they getting out?
There were several discussions and I provided them an opportunity to exit. Frees up their capital if nothing else.
Announcement for information: Over the last couple of days I have purchased the PPT shares of the five other PPT founders. Burt is facilitating the change over of the assets on GLBSE with a bit of manual intervention from Nefario. Otherwise it's business as usual.
Why are they getting out?
Announcement for information: Over the last couple of days I have purchased the PPT shares of the five other PPT founders. Burt is facilitating the change over of the assets on GLBSE with a bit of manual intervention from Nefario. Otherwise it's business as usual.
[...]costing you a little bit more[...]
"A bit" means 1,04 * 0,005 = 0,0052 BTC or roughly half a Bitcent in this case.
One of the hassles with the GLBSE charts is that it doesn't show depth very well. Possibly, more important given we're selling 3000 in total, it's useful to know where the cut-off is.
Popping this super useful tool up again so I don't need to go digging for it. Jump to: