Topic: [GLBSE] Paladon Green Mining [PGM] (including ASIC upgrade) (no bond!) - page 3. (Read 4464 times)
August 01, 2012, 02:40:47 PM
August 01, 2012, 02:20:53 PM
Very nice IPO proposal 
Looking forward to see it on the GLBSE chart.
Good luck with your mining company, you got my full support.
Greetz
Looking forward to see it on the GLBSE chart.
Good luck with your mining company, you got my full support.
Greetz
August 01, 2012, 01:58:40 PM
reserved
August 01, 2012, 01:58:08 PM
reserved
August 01, 2012, 01:57:41 PM
FAQ
Q: When will the first dividend payment be made?
A: All dividend payments happen on sunday. The first payment will be the first Sunday after launch.
Q: Are you going to verify you glbse.com account?
A: Yes.I have will as soon as IPO is launched done
Q: Where can I see all coupon payments made to date?
A: All coupon payments will be listed in this thread
Q: Will you send a notice out to stockholders as we get closer to ASIC arriving?
A: Yes. I will make inform stockholders about all info regarding the company.
Q: Will you ever sell more shares?
A: This is very real possibility, but for the initial release it is not likely.
Q: What will happen if BFL cannot deliver the ASIC upgrade?
A: If that happens and I get refund of BFL, I will repay 0.07 BTC per share to stockholders.
Q: When will the first dividend payment be made?
A: All dividend payments happen on sunday. The first payment will be the first Sunday after launch.
Q: Are you going to verify you glbse.com account?
A: Yes.
Q: Where can I see all coupon payments made to date?
A: All coupon payments will be listed in this thread
Q: Will you send a notice out to stockholders as we get closer to ASIC arriving?
A: Yes. I will make inform stockholders about all info regarding the company.
Q: Will you ever sell more shares?
A: This is very real possibility, but for the initial release it is not likely.
Q: What will happen if BFL cannot deliver the ASIC upgrade?
A: If that happens and I get refund of BFL, I will repay 0.07 BTC per share to stockholders.
August 01, 2012, 01:56:45 PM
[PGM] Paladon Green Mining https://glbse.com/asset/view/PGM
Hardware
1 Butterfly Labs Single @ 0.82Gh/s (be upgraded to BFL Single ‘SC’ @ 40Gh/s)
Share
1000 shares will be issued @ 0.25 BTC each. This price is including the ASIC upgrade. If upgrade will not be possible and I get refund of BFL, I will repay 0.07 BTC per share to stockholders.
Each share = 0.82Mh/s right now. After upgrade each share = 40Mh/s upgrade has been ordered! (or 60Mh/s according latest BFL info)
All of the Generated BTC will be payed as dividend every week -/- expenses
Revenue
All mining revenue will be distributed to shareholders in the form of dividends (after expenses). Dividends will be paid weekly. Profits are the net income remaining after expenses including operating costs (electricity, repair work, maintenance, small hardware), investments in existing or new service development, and any other action capital investment that the organization deems necessary to take part in.
Electricity is de largest part of the operating costs. Electricity price is € 0,22 p/Kwh (I know this looks expensive for a lot of people but a very normal price in The Netherlands). Electricity is green electricity so guaranteed no pollution. (I am thinking of building my own solar panels in the near future).
Currently the expenses% = ~25%. So ~75% of the generated BTC will be paid as dividend weekly.
Miscellaneous
Mining will occur at a mining pool of the company`s choice or solo mining if profitable. The operator of the company reserves the right regardless of the number of shares held to raise a motion and to liquidate the company's assets and cease operations. The operator also reserves the right to issue more shares to expand operation. Any motions raised by shareholders will be considered advisory and non binding. Shares do represent an ownership share in the mining hardware in the event of liquidation. In case of liquidation the mining hardware will be sold and minus expences be paid to the shareholders. The issuer can change the % of the expenses if needed to cover the expenses of the company. If the expenses of the company exceeds the income of the generated BTC, the company has to right to temporary shut down the operation. The issuer can buy back the share at any time at a price equal to 1.05 times the highest price the asset was traded on GLBSE over the prior 15 days. The operator of the company has the right to retain shares in the company.
About Me
I am living in The Netherlands and 36 years old and I will be doing my utmost best for you to keep this company up and running. Off course I wil identify bij GLBSE. More questions? Just ask!
Best regards,
Paladon
Hardware
1 Butterfly Labs Single @ 0.82Gh/s (be upgraded to BFL Single ‘SC’ @ 40Gh/s)
Share
1000 shares will be issued @ 0.25 BTC each. This price is including the ASIC upgrade. If upgrade will not be possible and I get refund of BFL, I will repay 0.07 BTC per share to stockholders.
Each share = 0.82Mh/s right now. After upgrade each share = 40Mh/s upgrade has been ordered! (or 60Mh/s according latest BFL info)
All of the Generated BTC will be payed as dividend every week -/- expenses
Revenue
All mining revenue will be distributed to shareholders in the form of dividends (after expenses). Dividends will be paid weekly. Profits are the net income remaining after expenses including operating costs (electricity, repair work, maintenance, small hardware), investments in existing or new service development, and any other action capital investment that the organization deems necessary to take part in.
Electricity is de largest part of the operating costs. Electricity price is € 0,22 p/Kwh (I know this looks expensive for a lot of people but a very normal price in The Netherlands). Electricity is green electricity so guaranteed no pollution. (I am thinking of building my own solar panels in the near future).
Currently the expenses% = ~25%. So ~75% of the generated BTC will be paid as dividend weekly.
Miscellaneous
Mining will occur at a mining pool of the company`s choice or solo mining if profitable. The operator of the company reserves the right regardless of the number of shares held to raise a motion and to liquidate the company's assets and cease operations. The operator also reserves the right to issue more shares to expand operation. Any motions raised by shareholders will be considered advisory and non binding. Shares do represent an ownership share in the mining hardware in the event of liquidation. In case of liquidation the mining hardware will be sold and minus expences be paid to the shareholders. The issuer can change the % of the expenses if needed to cover the expenses of the company. If the expenses of the company exceeds the income of the generated BTC, the company has to right to temporary shut down the operation. The issuer can buy back the share at any time at a price equal to 1.05 times the highest price the asset was traded on GLBSE over the prior 15 days. The operator of the company has the right to retain shares in the company.
About Me
I am living in The Netherlands and 36 years old and I will be doing my utmost best for you to keep this company up and running. Off course I wil identify bij GLBSE. More questions? Just ask!
Best regards,
Paladon
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