Thanks for you reply, as I can see that currently DMC does not have any assets directly involve in mining process.
and I think your use investor's dividend to buy back shares , that isn't look quiet right.....
for current situation, I think DMC is in a passivity position. I suggest it is better to suspend buying back of share ,and you should spend those amount to start mining as soon as possibly, for a trading company only rely on holding another company's share to pay for dividend isn't a sustainable way. otherwise, no mean for new investor to join this stock, since it will be much profitable to directly purchase share from ASICMINER
and I think your use investor's dividend to buy back shares , that isn't look quiet right.....
for current situation, I think DMC is in a passivity position. I suggest it is better to suspend buying back of share ,and you should spend those amount to start mining as soon as possibly, for a trading company only rely on holding another company's share to pay for dividend isn't a sustainable way. otherwise, no mean for new investor to join this stock, since it will be much profitable to directly purchase share from ASICMINER
You're missing most of the story. A long time ago, DMC was listed on GLBSE, which was owned by a guy named nefario. nefario decided one day to just completely fuck over the entire Bitcoin community and shut down GLBSE without warning and also attempted to steal assets and funds, with DMC taking the brunt of this attack and surviving.
The DMC plan was to own a privately owned facility to house mining hardware and sell space as a data center. Thanks to nefario's actions, a lot of investors in the Bitcoin community left and never returned. I am not accepting new investors for the existing version of DMC at this time and will not be issuing new shares.
DMC 2.0 will be issuing original issue discount zero discount bonds issued by a registered C-Corp in the US.
Also, ASICMINER is not issuing new shares either. The only way to get a hold of them is either buy them privately from people who already own them, buy shares through a pass through (theres two out there), or invest in a company that also holds ASICMINER shares.
As you mentioned above, you will be buy back all the current shares of DMC and than start DMC 2.0?
For myself ,I am interesting the plan you made for DMC 2.0 , When you start that plan is any way to subscribe shares for DMC 2.0?
