This sounds like a real bitcoin company with a dedicated management.
I'm happy to invest, however...
Bitcoin Pride currently holds 25M shares that represent our 50% cut of the total profits.
We have exclusive right to 2,500,000 of those shares for operational purposes. So when dividends come in 2.5M shares will be paid first.
...what does this mean "will be paid first". Are these 2.5M shares somehow different than the other shares?
The shares are normal shares, they just happen to be used by the company to maintain growth, these 2,500,000 shares are part of our 50% stake.
"2,500,000 shares will be retained by BitPride to maintain a growth and expansion fund. Possible uses of this fund may be used to
cover up front costs for bulk product production. Should it be determined that the growth fund is not needed, all amounts held by
the growth shares will be equally distributed per share at the following dividend, and the shares may be posted for sale."
Right now BitcoinPride.com owns 50% of the shares. It's selling the other 50% over the coming weeks. Eventually we hope to have a community owned site.