Dev i also think the company should make an announcement and update us on situation.
If company care its investors should show interest.
bump....
AmberDev, please comment on the dividend and profit discussion.
It appears that AmberDev has been paying dividends with the sale of pre-mined Amber COINS (rounds 1-5).
Round 6 will never sell, the price is almost 5x the "ask" price for AMBER.
The coin is pre-mined at almost 90%, so, look for AmberDev to drastically reduce the price for Amber Coins in round 6 to stay competitive.
I contend that dividends actually have nothing to do with Amber Trade LTD's profit whatsoever.
It would be great if AmberDev would comment and refute this contention with documented proof(?)
That would stabilize the coin and I would then re-invest.
Until then, I'm out.
From the start there were constantly various doubts. But that never stopped the company in achieving its goals. It will not stop us this time as well.
Brief answers on questions above:
- Dividends are being paid only out of profits of the company;
- The price of the 6th round will not be changed.
As it was said earlier,
the dividends for the third quarter will be paid anyway. But it should be clear that the dividends will be paid to
ALL shareholders simultaneously. I.e. the actual payment will not be just 72k but full 914k.
In this meaning all the shareholders are equal. The company is not something abstract, it is a few large investors who are exactly like you expect to receive their dividends. And they will get dividends, just like you will.
The only difference is they know exactly why it worth to wait their dividends instead of receive it immediately.
Tomorrow we will try to explain this vision to other shareholders.
There are no fundamental reasons for such a low price which we see now.
In fact, a dump of 3-5 shareholders who incorrectly interpreted the information about the delay in the payment of dividends led to AmberCoin price falling.
In today's world, in order to stay in one place you need to walk forward, but in order to move forward you need to run forward. And Amber Trade LTD company is confidently moving forward.
P.S. The company is proud of those 100+ shareholders who remains calm and not give in to artificial panic.
We are ready to continue to make any possible efforts for their prosperity.
I want to thank you for at least making a statement. You should understand that when the price falls as much as the prince of AMBER has fallen and as quickly as it has fallen people are going to be nervous about their money. I can understand those who dumped, although I am not sure it was a wise move. The problem now is that the market will not calm down until the dividends are actually paid. Hopefully that will be soon and we investors can resume buying and accumulating AMBER.
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