Hi all, I'm now offering a private placement for BMF shares.
This is a unique opportunity and is not to be missed. BMF has been in operation for more than one year now. Our performance since relaunch in June of this year is as follows:
Date IVB float assets mtgox assets/$ID $ID/share
2013-06-13 0.03610 4,022 145.2136 $109.48 $15,897.74 $3.95
2013-07-01 0.036 3,877 139.5720 $105.00 $14,655.06 $3.78
2013-08-01 0.03107 4,695 145.8737 $109.00 $15,900.23 $3.39
2013-08-02 0.03119 4,495 140.1901 $110.00 $15,420.92 $3.43
2013-08-22 0.03192 4,449 142.0225 $122.00 $17,326.74 $3.89
2013-09-01 0.03141 4,446 139.6489 $145.16 $20,271.95 $4.56
2013-09-13 0.03102 4,533 140.6189 $141.36 $19,878.50 $4.39
The following rules are in effect:
1. WarrantsFor each share bought at our IBV (0.032 BTC) via this private placement program, BMF will grant you an additional purchase warrant to for one share of BMF at current IBV (0.032 BTC) valid for one year. These warrants can be exercised any time within one year of purchase.
2. Six-month buyback guaranteeI guarantee the repurchase of one share at warrant-face-value (0.032), per granted warrant. This means if you purchase 100 shares of BMF via this program for 3.2 BTC total, I will repurchase the 100 shares from you at any time within six months for the price you paid & the 100 warrants you were granted. I.E. you can back out of the deal anytime over the next six months. It may take up to seven days to liquidate your value for large or multiple simultaneous redemption orders (20btc+).
3. Limited EngagementOnly valid for a maximum of 5,000 shares in total.
4. Ownership requirementsThere are no ownership requirements, we will hold shares for you and will reinvest for you if you want, but we strongly recommend you hold the shares in your name on BTC-TC.
I see an opportunity to position this fund into an extremely strong position and wish to take it "now". Please feel free to contact me for details, especially if you are a current investor. I prefer to sell to strong hands, i.e. those who are familiar with the BMF strategy. This strategy has worked well for us so far, I do not mind bringing anyone else into the fold but you have to know what we're doing. For reference, the top five shareholders own more than 80% of the fund. The top three shareholders own more than 75% of the fund.
Solidarity is strength. First come first serve, max 150 BTC or about 4600 shares.
