Div payment is coming, and a question came to my mind about the future dividents:
According to Ken, the first 10M ACTM shares will be some kind of "priority" shares, and only those shares will get the dividends until 0.0025/share.
And this is the part I don't really understand:
1. Do only those shares get the divs until the sum of the paid divs reach 0.0025/share, or until the weekly div rises to 0.0025/share?
2. What does the "only the first 10M get the divs" statement mean? Will ACTM pay the divs for them like those shares were the only shares of ACTM, so dividing the profit by 10M, or will ACTM pay the divs "normally" and store the remaining BTC on another address?
According to Ken, the first 10M ACTM shares will be some kind of "priority" shares, and only those shares will get the dividends until 0.0025/share.
And this is the part I don't really understand:
1. Do only those shares get the divs until the sum of the paid divs reach 0.0025/share, or until the weekly div rises to 0.0025/share?
2. What does the "only the first 10M get the divs" statement mean? Will ACTM pay the divs for them like those shares were the only shares of ACTM, so dividing the profit by 10M, or will ACTM pay the divs "normally" and store the remaining BTC on another address?
There are 25M shares total.
ActM owns 15M the Shareholders own 10M
Once .0025/share has been paid out over the course of however many weeks/months it takes to do that in dividends then ActM's 15M shares will start to take Dividends (Dividends divided by 25M instead of just 10M)
This is my understanding of it, correct me if I'm wrong.
I don't really know, that is why I'm asking. Your version is my understanding too, but this brings another question forth:
After the sum of the divs reaches 0.0025/share, the divs will be paid to all 25M shares, which means that shareholders' div right after the one that fulfilled the 0.0025/share limit, will be less than half of the previous one, am I right?
Not necessarily less than half of previous.. take into account increased hashing power as Active Mining Corp grows. But yes, 10 mil shares get paid first, then once the 0.0025 is paid to all active shares, the other 15 mil will start receiving dividends.
As to the derailing of this thread, the ignore button works wonders. All of the information is out there, all screenshots, pictures and proof is present. If you are still thinking this is a scam, then you need to move along.
