[ANN][KARM] Karma / ₭ / X11 - page 187.

easteagle13

hero member

Activity: 658

Merit: 500

Quote from: Chargin on August 29, 2014, 05:16:51 AM

Quote from: kosmost on August 28, 2014, 03:49:24 PM

Announcement regarding Karmashares and the Lill deal on August 31/ September 1.

Thank you all for your patience!

[snip]

I suspect the announcement will have a substantial impact on prices.

This is the reason why the announcement is being withheld till Aug 01-Sept 01.

and of this (regarding the New, official offer received for Lill (Approximately $2.5 million)
"-if you have been holding coins for more than 30 days prior to September 31, 2014 you should be able to participate in this profit-sharing.....It would be unfair to LLC members to announce a sale, then continue to offer membership during the quarter."

from :http://karmashares.com/forums/index.php/topic,559.msg3377.html#msg3377

So that, it will be relatively fair to those who have been holding their coins for karmashares share points.

So it means that IF THERE'S ANY PROFIT TO BE SHARED, a person has only till Aug 31,2014 to keep his/her coin in their wallet.

It also means that, those who have substantial number of coins in the exchanges, yet wants to have a share should remove their coins from exchanges and transfer them to their local wallet, which will essentially make it safer too.

easteagle13

hero member

Activity: 658

Merit: 500

Quote from: pabloangello on August 29, 2014, 05:31:01 AM

Quote from: Chargin on August 29, 2014, 05:03:07 AM

Quote from: bondi on August 29, 2014, 04:31:31 AM

Quote from: pabloangello on August 29, 2014, 03:11:04 AM

Quote from: easteagle13 on August 29, 2014, 01:40:33 AM

Quote from: pabloangello on August 29, 2014, 12:07:10 AM

Quote from: ryannguyen18 on August 28, 2014, 10:13:32 PM

Quote from: pabloangello on August 28, 2014, 04:13:12 PM

Quote from: kosmost on August 28, 2014, 03:49:24 PM

Announcement regarding Karmashares and the Lill deal on August 31/ September 1.

Thank you all for your patience!

Kosmost, what about Karma few months holders with more than 10mln Karmas in wallet?
How their shares will be counted?

Be patient and wait on Sept 1.

HAPPY HOLIDAY EVERYONE !!!

I am asking because I dont know wheter I should buy karmashares or not. I dont want to lose posibility of getting shares by holding by I don't understand how it will be counted and noone explained it yet!

Kindly read the highlighted letters, I think they address your question. Cheers. http://karmashares.com/forums/index.php/topic,559.msg3377.html#msg3377

I have read whole this thread few days ago.
It does not answer my question which is: "how my shares will be counted".
As I understand so far I can buy Karmashares with 1.75 multiplier right now so lets say for 10mln Karma I would get 10000*1.75 = 17500 Karmashares
But it is not clear how many shares I will get if only hold. If I would know it I could make better investment decision. Now I'm stuck because I don't want to send my coin from wallet to buy Karmashares if I don't know this information, cause then I will lose my "holding" shares.

I think that if you hold you'll get 10000 for those 10mil.

You are still entitled to the benefits of the 30 day 1x rate for holding Karma, also Karmashares members current policy/statements are still saying they will honour the same. You should still be able to convert and partake in upcoming dividends (if any) at the 1.75x rate if you convert after Kosmost's announcement given there hasn't been any statements to the contrary however I wouldn't count on it based on recent attempts by Karmashares members to impinge on the rights of Karma holders.

You won't get 2.75x by holding then converting, it will be either 1x or 1.75x. 10,000 if you don't convert and 17,500 if you do.

Chargin.

Ok, thank you for your answer. But where is confirmation of what you are saying here? Are you part of dev team? Or could Karma dev clarify the details of Karma-holders <-> Karma-shares?

Visit http://karmashares.com/ and read the 5th drop down Question and answer..

pabloangello

legendary

Activity: 1344

Merit: 1001

Quote from: Chargin on August 29, 2014, 05:03:07 AM

Quote from: bondi on August 29, 2014, 04:31:31 AM

Quote from: pabloangello on August 29, 2014, 03:11:04 AM

Quote from: easteagle13 on August 29, 2014, 01:40:33 AM

Quote from: pabloangello on August 29, 2014, 12:07:10 AM

Quote from: ryannguyen18 on August 28, 2014, 10:13:32 PM

Quote from: pabloangello on August 28, 2014, 04:13:12 PM

Quote from: kosmost on August 28, 2014, 03:49:24 PM

Announcement regarding Karmashares and the Lill deal on August 31/ September 1.

Thank you all for your patience!

Kosmost, what about Karma few months holders with more than 10mln Karmas in wallet?
How their shares will be counted?

Be patient and wait on Sept 1.

HAPPY HOLIDAY EVERYONE !!!

I am asking because I dont know wheter I should buy karmashares or not. I dont want to lose posibility of getting shares by holding by I don't understand how it will be counted and noone explained it yet!

Kindly read the highlighted letters, I think they address your question. Cheers. http://karmashares.com/forums/index.php/topic,559.msg3377.html#msg3377

I have read whole this thread few days ago.
It does not answer my question which is: "how my shares will be counted".
As I understand so far I can buy Karmashares with 1.75 multiplier right now so lets say for 10mln Karma I would get 10000*1.75 = 17500 Karmashares
But it is not clear how many shares I will get if only hold. If I would know it I could make better investment decision. Now I'm stuck because I don't want to send my coin from wallet to buy Karmashares if I don't know this information, cause then I will lose my "holding" shares.

I think that if you hold you'll get 10000 for those 10mil.

You are still entitled to the benefits of the 30 day 1x rate for holding Karma, also Karmashares members current policy/statements are still saying they will honour the same. You should still be able to convert and partake in upcoming dividends (if any) at the 1.75x rate if you convert after Kosmost's announcement given there hasn't been any statements to the contrary however I wouldn't count on it based on recent attempts by Karmashares members to impinge on the rights of Karma holders.

You won't get 2.75x by holding then converting, it will be either 1x or 1.75x. 10,000 if you don't convert and 17,500 if you do.

Chargin.

Ok, thank you for your answer. But where is confirmation of what you are saying here? Are you part of dev team? Or could Karma dev clarify the details of Karma-holders <-> Karma-shares?

Chargin

full member

Activity: 184

Merit: 100

Quote from: kosmost on August 28, 2014, 03:49:24 PM

Announcement regarding Karmashares and the Lill deal on August 31/ September 1.

Thank you all for your patience!

That's good.

Will it be announced on twitter (@_KarmaTeam_ or @karmacoinme), here, the Karmashares forum or any/all of the above?

Can you provide a more specific time frame? That's almost a 3 day window depending on time zones.

I suspect the announcement will have a substantial impact on prices.

Chargin

full member

Activity: 184

Merit: 100

Quote from: bondi on August 29, 2014, 04:31:31 AM

Quote from: pabloangello on August 29, 2014, 03:11:04 AM

Quote from: easteagle13 on August 29, 2014, 01:40:33 AM

Quote from: pabloangello on August 29, 2014, 12:07:10 AM

Quote from: ryannguyen18 on August 28, 2014, 10:13:32 PM

Quote from: pabloangello on August 28, 2014, 04:13:12 PM

Quote from: kosmost on August 28, 2014, 03:49:24 PM

Announcement regarding Karmashares and the Lill deal on August 31/ September 1.

Thank you all for your patience!

Kosmost, what about Karma few months holders with more than 10mln Karmas in wallet?
How their shares will be counted?

Be patient and wait on Sept 1.

HAPPY HOLIDAY EVERYONE !!!

I am asking because I dont know wheter I should buy karmashares or not. I dont want to lose posibility of getting shares by holding by I don't understand how it will be counted and noone explained it yet!

Kindly read the highlighted letters, I think they address your question. Cheers. http://karmashares.com/forums/index.php/topic,559.msg3377.html#msg3377

I have read whole this thread few days ago.
It does not answer my question which is: "how my shares will be counted".
As I understand so far I can buy Karmashares with 1.75 multiplier right now so lets say for 10mln Karma I would get 10000*1.75 = 17500 Karmashares
But it is not clear how many shares I will get if only hold. If I would know it I could make better investment decision. Now I'm stuck because I don't want to send my coin from wallet to buy Karmashares if I don't know this information, cause then I will lose my "holding" shares.

I think that if you hold you'll get 10000 for those 10mil.

You are still entitled to the benefits of the 30 day 1x rate for holding Karma, also Karmashares members current policy/statements are still saying they will honour the same. You should still be able to convert and partake in upcoming dividends (if any) at the 1.75x rate if you convert after Kosmost's announcement given there hasn't been any statements to the contrary however I wouldn't count on it based on recent attempts by Karmashares members to impinge on the rights of Karma holders.

You won't get 2.75x by holding then converting, it will be either 1x or 1.75x. 10,000 if you don't convert and 17,500 if you do.

Chargin.

bondi

sr. member

Activity: 348

Merit: 250

Quote from: pabloangello on August 29, 2014, 03:11:04 AM

Quote from: easteagle13 on August 29, 2014, 01:40:33 AM

Quote from: pabloangello on August 29, 2014, 12:07:10 AM

Quote from: ryannguyen18 on August 28, 2014, 10:13:32 PM

Quote from: pabloangello on August 28, 2014, 04:13:12 PM

Quote from: kosmost on August 28, 2014, 03:49:24 PM

Announcement regarding Karmashares and the Lill deal on August 31/ September 1.

Thank you all for your patience!

Kosmost, what about Karma few months holders with more than 10mln Karmas in wallet?
How their shares will be counted?

Be patient and wait on Sept 1.

HAPPY HOLIDAY EVERYONE !!!

I am asking because I dont know wheter I should buy karmashares or not. I dont want to lose posibility of getting shares by holding by I don't understand how it will be counted and noone explained it yet!

Kindly read the highlighted letters, I think they address your question. Cheers. http://karmashares.com/forums/index.php/topic,559.msg3377.html#msg3377

I have read whole this thread few days ago.
It does not answer my question which is: "how my shares will be counted".
As I understand so far I can buy Karmashares with 1.75 multiplier right now so lets say for 10mln Karma I would get 10000*1.75 = 17500 Karmashares
But it is not clear how many shares I will get if only hold. If I would know it I could make better investment decision. Now I'm stuck because I don't want to send my coin from wallet to buy Karmashares if I don't know this information, cause then I will lose my "holding" shares.

I think that if you hold you'll get 10000 for those 10mil.

pabloangello

legendary

Activity: 1344

Merit: 1001

Quote from: easteagle13 on August 29, 2014, 01:40:33 AM

Quote from: pabloangello on August 29, 2014, 12:07:10 AM

Quote from: ryannguyen18 on August 28, 2014, 10:13:32 PM

Quote from: pabloangello on August 28, 2014, 04:13:12 PM

Quote from: kosmost on August 28, 2014, 03:49:24 PM

Announcement regarding Karmashares and the Lill deal on August 31/ September 1.

Thank you all for your patience!

Kosmost, what about Karma few months holders with more than 10mln Karmas in wallet?
How their shares will be counted?

Be patient and wait on Sept 1.

HAPPY HOLIDAY EVERYONE !!!

I am asking because I dont know wheter I should buy karmashares or not. I dont want to lose posibility of getting shares by holding by I don't understand how it will be counted and noone explained it yet!

Kindly read the highlighted letters, I think they address your question. Cheers. http://karmashares.com/forums/index.php/topic,559.msg3377.html#msg3377

I have read whole this thread few days ago.
It does not answer my question which is: "how my shares will be counted".
As I understand so far I can buy Karmashares with 1.75 multiplier right now so lets say for 10mln Karma I would get 10000*1.75 = 17500 Karmashares
But it is not clear how many shares I will get if only hold. If I would know it I could make better investment decision. Now I'm stuck because I don't want to send my coin from wallet to buy Karmashares if I don't know this information, cause then I will lose my "holding" shares.

easteagle13

hero member

Activity: 658

Merit: 500

Quote from: pabloangello on August 29, 2014, 12:07:10 AM

Quote from: ryannguyen18 on August 28, 2014, 10:13:32 PM

Quote from: pabloangello on August 28, 2014, 04:13:12 PM

Quote from: kosmost on August 28, 2014, 03:49:24 PM

Announcement regarding Karmashares and the Lill deal on August 31/ September 1.

Thank you all for your patience!

Kosmost, what about Karma few months holders with more than 10mln Karmas in wallet?
How their shares will be counted?

Be patient and wait on Sept 1.

HAPPY HOLIDAY EVERYONE !!!

I am asking because I dont know wheter I should buy karmashares or not. I dont want to lose posibility of getting shares by holding by I don't understand how it will be counted and noone explained it yet!

Kindly read the highlighted letters, I think they address your question. Cheers. http://karmashares.com/forums/index.php/topic,559.msg3377.html#msg3377

pabloangello

legendary

Activity: 1344

Merit: 1001

Quote from: ryannguyen18 on August 28, 2014, 10:13:32 PM

Quote from: pabloangello on August 28, 2014, 04:13:12 PM

Quote from: kosmost on August 28, 2014, 03:49:24 PM

Announcement regarding Karmashares and the Lill deal on August 31/ September 1.

Thank you all for your patience!

Kosmost, what about Karma few months holders with more than 10mln Karmas in wallet?
How their shares will be counted?

Be patient and wait on Sept 1.

HAPPY HOLIDAY EVERYONE !!!

I am asking because I dont know wheter I should buy karmashares or not. I dont want to lose posibility of getting shares by holding by I don't understand how it will be counted and noone explained it yet!

ryannguyen18

full member

Activity: 183

Merit: 100

Quote from: pabloangello on August 28, 2014, 04:13:12 PM

Quote from: kosmost on August 28, 2014, 03:49:24 PM

Announcement regarding Karmashares and the Lill deal on August 31/ September 1.

Thank you all for your patience!

Kosmost, what about Karma few months holders with more than 10mln Karmas in wallet?
How their shares will be counted?

Be patient and wait on Sept 1.

HAPPY HOLIDAY EVERYONE !!!

pabloangello

legendary

Activity: 1344

Merit: 1001

Quote from: kosmost on August 28, 2014, 03:49:24 PM

Announcement regarding Karmashares and the Lill deal on August 31/ September 1.

Thank you all for your patience!

Kosmost, what about Karma few months holders with more than 10mln Karmas in wallet?
How their shares will be counted?

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Announcement regarding Karmashares and the Lill deal on August 31/ September 1.

Thank you all for your patience!

TheLittleDuke

legendary

Activity: 1024

Merit: 1004

"Long time listener, first time caller" Tongue

You guys have some very compelling ideas and I am intrigued by the value propositions!

Have you had a lawyer / law firm provide an opinion on whether or not this is somehow exempt from SEC oversight?

It has all the outward appearance of an unregistered security offering IMHO...

http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541972520#.U_9wyPldXuM

There is a plan to allow "crowd-sourced equity" much like the crowd-sourced funding that is legal, but as far I as know the SEC has not officially sanctioned it yet.

http://online.wsj.com/news/articles/SB10001424052702304163604579532251627028512

The proposed rules sit here:

http://www.sec.gov/rules/proposed/2013/33-9470.pdf

Some states are going ahead with their own rules so relocation might be an option:

http://www.thedeal.com/content/regulatory/states-make-own-crowdfunding-rules-rather-than-wait-for-sec.php

The other route is do a Small Company Offering Registration, but that is state specific (multi-state is possible) but caps the raise to $1M "annually"

Just curious...

Minted

full member

Activity: 147

Merit: 100

DopeCoin! My Green Goddess!

Can I Become a Shareholder Without Exchanging Coins?
Of course. Starting around May 11 if you keep 10,000,000 coins in your wallet for 30+ days you'll automatically be eligible for membership. (In fact, we'll put you down as a shareholder even if you forget to notify us.) The exact date this will begin will be posted to this website.

This is quoted from the front page of http://karmashares.com/

The exact date that this scenario would happen has never been set, unless I'm mistaken! Apologies if so. Hence not a matter of concern yet. Maybe something to look into in the future.

ryannguyen18

full member

Activity: 183

Merit: 100

Quote from: mashac on August 27, 2014, 10:46:21 AM

Quote from: Maurizio on August 27, 2014, 07:56:04 AM

I also have 40mio in my wallet since months.
I reallly hope we will get our cut for holding like it
was announced.
But I heard a lot LLC shareholders saying that they don`t like the idea
to pay us out.
The name is Karma but for a lot of shareholders its more important to be greedy than share the wealth that comes from Karma.
Maybe a dev can bring a lil lihgth in the dark and tell us when and hoe we will receive our interest.

Lol.. if you are not greedy, why do you want the money from the Karmashares LLC when you don't have any shares in the LLC? In my opinion the holding coins thing should be cancelled or increase the holding period to 6 or more months... it was a bad idea and didn't help the coin in any way, because most of those who are holding coins right now do that not because of the love for coin, but are just waiting for the right price to dump.

"People should be more concerned with the return of their principal than the return on their principal." - Will Rogers

"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." - Warren Buffett

"How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case." - Robert G. Allen

As my suggestion, I love to cancel or increase the coin holding period to 6 to 12 months...If the coin holders get shares and they have to agree no sell coins from 6 to 12 months, if they do they have to return the shares back to Karmashare...it is a way to protect the company from greedy.

Maurizio

hero member

Activity: 770

Merit: 500

Sure but some people hold since the announcement that it is worth something to hold is out from the dev`s.
In my case I could dump the price in real deep liteoshi range and I think also other who hold there bags could do this.
It is helpfull for the price that a lot bagholders don`t dump at this time where a lot small bagholders jump out to buy PND before august 30th

Alphi

hero member

Activity: 798

Merit: 1000

I personally dont mind the middle ground where the coin holding period is extended to 3 or 6 months.. but to remove it completely defeats the purpose of setting up the fund in the first place.

either way I believe this is a vote that should be taken by existing karmashares holders.

mashac

hero member

Activity: 560

Merit: 500

Quote from: Maurizio on August 27, 2014, 07:56:04 AM

I also have 40mio in my wallet since months.
I reallly hope we will get our cut for holding like it
was announced.
But I heard a lot LLC shareholders saying that they don`t like the idea
to pay us out.
The name is Karma but for a lot of shareholders its more important to be greedy than share the wealth that comes from Karma.
Maybe a dev can bring a lil lihgth in the dark and tell us when and hoe we will receive our interest.

Lol.. if you are not greedy, why do you want the money from the Karmashares LLC when you don't have any shares in the LLC? In my opinion the holding coins thing should be cancelled or increase the holding period to 6 or more months... it was a bad idea and didn't help the coin in any way, because most of those who are holding coins right now do that not because of the love for coin, but are just waiting for the right price to dump.

jaipagare

hero member

Activity: 514

Merit: 500

Quote from: Bergis on August 27, 2014, 10:18:04 AM

my wallet doesn't sync. karma. Undecided

I face same problem. Wallet does takes time to sync, but it does sync. Delete block index file and restart wallet.

Bergis

newbie

Activity: 41

Merit: 0

my wallet doesn't sync. karma. Undecided

Topic: [ANN][KARM] Karma / ₭ / X11 - page 187. (Read 583120 times)