I have a couple of great news!
First of all the profits has been paid out (or reinvested), the profit for this week ended up at 5.43% after the admin fee had been taken. This has been a great week with some very good trades.
The profit this week is so high partly due to that I have been flipping/margin selling several different shares during the week. We have gotten some very good trades and dividends as well as the IPOs we invested in a couple of weeks ago are starting to take off and hence the share prices have increased. This combination is what has crated such a good profit this week
For anyone that wants to invest we still have 250 BTC of availability for next weeks investments if you want to invest, contact me through Pm or Email (
[email protected])
Second news is that our arbitrage bot is finally up and running, now on three exchanges CxC,MTGox and BitStamp, it's current being tested and debugged but once the initial problems are fixed, we will be investing 30-40% of the fund capital into the bot. We will slowly be adding more and more exchanges to the bot, one by one, it's a tedious process but once it's done we will have some very good arbitrage trades.
The third bit of good news: I am going to manage and issue an asset on GLBSE, called “ZipConf” it's a service that provides instant bitcoin services, you can find them over at
http://zipconf.com. An official press release about the service and the asset will be released on Monday. Hopefully the time and effort but into the bot will prove fruitful.
I will be in charge of public relationship between the company and the investors on GLBSE. The IPO will sell 10,000 shares (20% of ZipConf's profits) of which 2000 have been pre-sold. The remaining 8000 shares will be released in the IPO and will be available on Wednesday, May 02, 2012, for 0.4 BTC per share.
Based on my investigation and knowledge of the development team behind this effort, I am recommending ZipConf iPO and have already acquired 500 shares for the investment fund, as well as a personal stake.
More about the service it self,fees and partnerships will be released on Monday in the press release, all I can say is that the service is truly revolutionary!
That's all for me for this week, have a lovely weekend and Thank you to all the investors!
//DeaDTerra