What's the surge in this stock, could it be worth as much as AsicMiner eventually?
Market cap possibly if they assume production capacity that values it as equal to AM
Share price no
ASIC only has 400,000 shares to spread it over or in other words there are 62.5 X more total shares in Activemining
Assuming = 4 BTC/62.5 = 0.064 if that was at equal value now but that won't be for a while yet
Edit Note: Alternative Calculation is on public shares those numbers would be based on 163,962 and 10 million and recalculate I assumed total shares but a measure on total trade able shares in the public works as well as those are what are being exchanged
Introduction
ASICMINER is a virtual identity totally held by investors of the Bitfountain company. The Bitfountain company's business includes mining with self-built ASIC devices, as well as the sales of them. Currently ASICMINER shareholders holds 163,962 shares, while Bitfountain shareholders holds 236,038 shares. ASICMINER shares have the privilege of getting all net profits till 0.1BTC/share from the day when dividends began to be paid. They also have the exemption of dilution, which means that each ASICMINER share always equals to 1/400,000 of the total profits and voting power of the summed value from both ASICMINER and Bitfountain.
Introduction
Currently, it is expected for interested ActiveMining's public investors to hold 10,000,000 ActiveMining shares (40% of the profits), while Active Mining Corporation owner(s) shall hold 15,000,000 ActiveMining shares (60% of the profits), for a total of 25,000,000 ActiveMining virtual shares that represent 100% of the global profits of ActiveMining.
The global ActiveMining's income, including mining income, hardware sales via bitcoins, other cryptocoins and fiat transferred to bitcoins, will be paid to ActiveMining shareholders proportionally, when all manufacturing, maintenance, labor costs, R&D, growth and miscellaneous expenses are deducted. The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
Not much but still worth it I think
