Dear shareholders
please contact me
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Topic: [GLBSE] GERBITIN.PYRA investing in pyramining.com (Read 1593 times)
There are 4 accounts
The desired distribution of the invested BTC:
17.5% in Account 1
22.5% in Account 2
27.5% in Account 3
32.5% in Account 4
The average bonus of the 4 accounts is 18.25%
So I can pay off all revenue from Account 1 as dividend.
That means a payoutquote of 17.5% and a reinvestment quote of 82.5%
The desired distribution of the invested BTC:
17.5% in Account 1
22.5% in Account 2
27.5% in Account 3
32.5% in Account 4
The average bonus of the 4 accounts is 18.25%
So I can pay off all revenue from Account 1 as dividend.
That means a payoutquote of 17.5% and a reinvestment quote of 82.5%
I changed this, because there is a fifth acount now:
The desired distribution of the invested BTC:
16% in Account 1
18% in Account 2
20% in Account 3
22% in Account 4
24% in Account 5
Now it works :-)
Congrats. Hopefully you get more interest for the IPO than this thread did. I feel like you've just been answering all my questions. Though you've certainly been a good sport about that.Good Luck!
Now it works :-)
Launch date :2012-08-29 18:00:00
It looks like that the IPO did not work on time. I wrote to the support.
Sorry
There are 4 accounts
The desired distribution of the invested BTC:
17.5% in Account 1
22.5% in Account 2
27.5% in Account 3
32.5% in Account 4
The average bonus of the 4 accounts is 18.25%
So I can pay off all revenue from Account 1 as dividend.
That means a payoutquote of 17.5% and a reinvestment quote of 82.5%
Be careful, as these numbers, and their average, will change as more money is put in and as money is reinvested. Using all of account one's payouts would eventually deplete the total investment (as it's shown on your website you previously linked to).The desired distribution of the invested BTC:
17.5% in Account 1
22.5% in Account 2
27.5% in Account 3
32.5% in Account 4
The average bonus of the 4 accounts is 18.25%
So I can pay off all revenue from Account 1 as dividend.
That means a payoutquote of 17.5% and a reinvestment quote of 82.5%
I would figure you'd want to maintain a constant total investment across all accounts and payout anything above that to keep the shares from either inflating (if the total in the fund increases with time, each share will derive dividends from more than the par value invested in pyramining) or deflating (if you don't keep enough invested with pyramining).
Also, your stated average bonus means fairly little since the current investment into each account does not match what you intend to put in there once you have more investments.
Investors should also be aware that this essentially comes out to a mining share (pyramining is a mining company that takes deposits and pays them back with interest). While pyramining intends to move to ASICs, they are working on developing their own so may be behind other ASIC producers.
There are 4 accounts
The desired distribution of the invested BTC:
17.5% in Account 1
22.5% in Account 2
27.5% in Account 3
32.5% in Account 4
The average bonus of the 4 accounts is 18.25%
So I can pay off all revenue from Account 1 as dividend.
That means a payoutquote of 17.5% and a reinvestment quote of 82.5%
The desired distribution of the invested BTC:
17.5% in Account 1
22.5% in Account 2
27.5% in Account 3
32.5% in Account 4
The average bonus of the 4 accounts is 18.25%
So I can pay off all revenue from Account 1 as dividend.
That means a payoutquote of 17.5% and a reinvestment quote of 82.5%
The fund invests for each sold share one BTC in pyramining.com.
It will bereinvested so much, that this relationship remains.
It can be sold in principle unlimited shares because the intrinsic value of the share is always one BTC per share.
Through intelligent distribution of accounts and by recruiting new referrals, the fund is generated better returns than an individual investor.
On http://www.gerbitin.cwsurf.de/PYRA.html you can see, how the distribution of the individual investments is.
The currently invested 6 BTC allow to sell the first 300 shares at a discount to the Issue Price
So from what I can tell, you plan to continually reinvest, taking out 10% of each payment (or more) to pay out to investors? That makes a lot more sense then It will bereinvested so much, that this relationship remains.
It can be sold in principle unlimited shares because the intrinsic value of the share is always one BTC per share.
Through intelligent distribution of accounts and by recruiting new referrals, the fund is generated better returns than an individual investor.
On http://www.gerbitin.cwsurf.de/PYRA.html you can see, how the distribution of the individual investments is.
The currently invested 6 BTC allow to sell the first 300 shares at a discount to the Issue Price
The fund invests for each sold share one BTC in pyramining.com.
It will bereinvested so much, that this relationship remains.
It can be sold in principle unlimited shares because the intrinsic value of the share is always one BTC per share.
Through intelligent distribution of accounts and by recruiting new referrals, the fund is generated better returns than an individual investor.
On http://www.gerbitin.cwsurf.de/PYRA.html you can see, how the distribution of the individual investments is.
The currently invested 6 BTC allow to sell the first 300 shares at a discount to the Issue Price
Special IPO offer
The first 100 shares I will sell each for 0.97 BTC
The second 100 shares I will sell each for 0.98 BTC
The third 100 shares I will sell each for 0.99 BTC
Launch date
2012-08-29 18:00 (22:00 UTC , 24:00 MESZ)
Thereafter, the shares will sold for at least 1 BTC per share.
What are the terms on repayment in general? Is it just whatever the fund makes, not greater than or equal to a set percentage?The first 100 shares I will sell each for 0.97 BTC
The second 100 shares I will sell each for 0.98 BTC
The third 100 shares I will sell each for 0.99 BTC
Launch date
2012-08-29 18:00 (22:00 UTC , 24:00 MESZ)
Thereafter, the shares will sold for at least 1 BTC per share.
Especially with "Thereafter ... at least 1 BTC per share" How long after the fund's creation will you be selling additional shares?
Will share value eventually be worth zero? (As investments in pyramining are paid out in dividends the value of the investment would logically progress to zero without reinvestment as the contract seems to indicate).
Special IPO offer
The first 100 shares I will sell each for 0.97 BTC
The second 100 shares I will sell each for 0.98 BTC
The third 100 shares I will sell each for 0.99 BTC
Launch date
2012-08-29 18:00 (22:00 UTC , 24:00 MESZ)
Thereafter, the shares will sold for at least 1 BTC per share.
The first 100 shares I will sell each for 0.97 BTC
The second 100 shares I will sell each for 0.98 BTC
The third 100 shares I will sell each for 0.99 BTC
Launch date
2012-08-29 18:00 (22:00 UTC , 24:00 MESZ)
Thereafter, the shares will sold for at least 1 BTC per share.
Launch date :2012-08-29 18:00:00
For the sake of asking: Do you plan to verify at all via GLBSE methods? If so, what forms of verification will you comply with?
GERBITIN (German Bitcoin Investors) mutual fund:
GERBITIN.PYRA holds only investments in http://www.pyramining.com/ and does not hold any other stock or bond.
At least 1 BTC per bond sold will be deposited with the issuer's account in http://www.pyramining.com/
All Profits earned by the organization will be distributed to shareholders in the form of dividends. Dividends are paid at least weekly.
The issuer reserves the right to repurchase the bond at any time at a price equal to 1.05 times the 14 day average trading price on GLBSE.
Additional bonds may be issued.
The CEO (Platti) will collect NO payment because the GERBITIN.PYRA account on http://www.pyramining.com/ is in the ref-queue of Platti and generates an income.
** This asset does not represent ownership of any company or organization and has no voting rights. **
GERBITIN.PYRA is not related with pyramining.com.
More information on:
http://www.gerbitin.cwsurf.de/PYRA.html
https://glbse.com/asset/view/GERBITIN.PYRA
GERBITIN.PYRA holds only investments in http://www.pyramining.com/ and does not hold any other stock or bond.
At least 1 BTC per bond sold will be deposited with the issuer's account in http://www.pyramining.com/
All Profits earned by the organization will be distributed to shareholders in the form of dividends. Dividends are paid at least weekly.
The issuer reserves the right to repurchase the bond at any time at a price equal to 1.05 times the 14 day average trading price on GLBSE.
Additional bonds may be issued.
The CEO (Platti) will collect NO payment because the GERBITIN.PYRA account on http://www.pyramining.com/ is in the ref-queue of Platti and generates an income.
** This asset does not represent ownership of any company or organization and has no voting rights. **
GERBITIN.PYRA is not related with pyramining.com.
More information on:
http://www.gerbitin.cwsurf.de/PYRA.html
https://glbse.com/asset/view/GERBITIN.PYRA
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