Organizing a vote is negligible. Post an announcement message in the thread, go into a menu in cryptostocks, type in a handful of words, set an expiration date, and activate.
Is it really that simple? I am not a shareholder of any of the companies. Isn't there a weight to be applied according to how many shares each voter has? I thought the authentication process could be time consuming. I have been happy with the fact that my tickets do get answered to my satisfaction, although after some waiting. Knowing that even replying support tickets has been a heavy burden to the staffs, an vote is not anything I, as a user, want the staffs to spend time on. If you are not a user you perhaps don't care.Quote
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A company just doesn't get to blow off obligations to its shareholders, just because it may be inconvenient, and being in the red, is a VERY good reason to NOT be paying off interest like this.
I understand as an invester you have your concerns. I will put it this way -- paying interest gives me more reason to stay at vircurex. Those balance earning me interest is not dead fund. I have them in positions. They potentially generate trading fees.Shareholders get first dibs on whatever profit the company they own, generates. After that, then promotional expenditures of that profit is fine.
The paying out of interest on balances, in itself, isn't the problem.
The fact that this is happening, while shareholders are still not receiving dividends for their own, more direct investment into the company, is the problem.
We can argue about this back and forth all you like, but we've already sacrificed our profits on our investment for half a year at least, so far. To see company profits, that should be going to the shareholders, instead being distributed to the customers, is a big spit in the face of the investors who have already taken losses as it is.
This is not right.
This must be addressed.
I think you're mistaking operating expense with profits... you're assuming that these interest payments are profits... perhaps they are just an expense to increase transaction fee revenue?
You act like the company has profits they are withholding, perhaps without these interest payments, there would be even less transaction fee revenue.
and if they are giving so little information; how do you pretend to know so much about how many profits there are???
I don't understand what you are expecting to get by posting here, other that people like me responding for sport
