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Topic: Kongzi Print Shop pays a dividend (Read 7199 times)

full member
Activity: 206
Merit: 100
December 12, 2014, 11:16:37 AM
#38
Quote from: Zhalen
Just to let folks know, printshop just bought up the 251 KPS I had @ 20.9. I really like all the recent feedback here, from actual investors about actual things going on with the asset. We should do this much more often, especially while the assets are still active, rather than when things are closing down.

printshop, thanks for all the dividends, and generous buyback Smiley It's a shame the fundraising didn't work out like you hoped, and it seems like you've sunk a lot into the whole process, both NXT and time. There's a large, and rapidly growing market for language learning, I hope you recoup your $ soon, and Kongzi Print Shop and your school continue to help more people learn.

Mining's not my thing, so I won't be buying into SafeHash or BearMining. But best wishes for them, and future endeavours.

From nxtforum.org. I have a lot of positive feedback now. The fund has been taken private, standing bids have been left on coinsortium and nxt ae for all remaining shares. Locking the thread. PM me with any questions.

Thank you for your business.
full member
Activity: 206
Merit: 100
December 07, 2014, 03:05:08 AM
#37
Hi. My name is Printshop and I take any and all loans. Each week I pay 10% of the total owed and I always pay back 150% of the loan.

That means it takes 10 weeks to pay back and you make 50% over that 10 weeks.

So if you loan me 10 BTC, I pay you back 15 BTC over a 10 week period, making ten equal payments of 1.5 BTC.

I will take these loans from anyone, provided the following conditions:

1. Loans must be made in whole amounts of BTC for sanity's sake.
2. You must leave OTC and/or BTT feedback during the loan stating how I am doing on my payments, and then after the loan.

The collateral for these loans are my extensive private investment interests on the NXT AE including hundreds of thousands of shares of SafeHash and BearMining. My cashflow is in excess of 10 BTC per week. I can easily convert to BTC and pay back these loans. I simply do not want to sell my shares (though they are very liquid) and would rather take on "good debt". Check my feedback for details!


Another great Coinsortium company!

Not sure what you are talking about, this has nothing to do with Coinsortium, and KPS is a private company (we bought out the listing on Coinsortium and NXT AE at a bonus to shareholders).

This thread should probably be locked but there's still about 200 shares left on Coinsortium to buy, I'll close it later this week when we send the final payment.
legendary
Activity: 1036
Merit: 1000
December 06, 2014, 01:23:48 AM
#36
Hi. My name is Printshop and I take any and all loans. Each week I pay 10% of the total owed and I always pay back 150% of the loan.

That means it takes 10 weeks to pay back and you make 50% over that 10 weeks.

So if you loan me 10 BTC, I pay you back 15 BTC over a 10 week period, making ten equal payments of 1.5 BTC.

I will take these loans from anyone, provided the following conditions:

1. Loans must be made in whole amounts of BTC for sanity's sake.
2. You must leave OTC and/or BTT feedback during the loan stating how I am doing on my payments, and then after the loan.

The collateral for these loans are my extensive private investment interests on the NXT AE including hundreds of thousands of shares of SafeHash and BearMining. My cashflow is in excess of 10 BTC per week. I can easily convert to BTC and pay back these loans. I simply do not want to sell my shares (though they are very liquid) and would rather take on "good debt". Check my feedback for details!


Another great Coinsortium company!
full member
Activity: 206
Merit: 100
October 27, 2014, 05:43:20 AM
#35
KPS is pleased to announce our eleventh weekly dividend payment!

This week's payment has once again been raised (for the 11th week in a row) and will be 0.196 BTC,
paid over 10,690 shares,
or 0.00001833 BTC per share for coinsortium investors.
Expected price assuming dividends represent 1%/month interest rate = 0.00001833*52/12/0.01 = 0.008 BTC/share.

Current price on coinsortium: 0.0012 BTC/share



Today's BTER rate is 0.000614,
therefore the NXT payment is 0.00001833 / 0.0000614 per share,
or 0.30 NXT per share for NXT AE investors.

Thank you for your support,


“The real problem is in the hearts and minds of men. It is not a problem of physics but of ethics. It is easier to denature plutonium than to denature the evil from the spirit of man.”
― Albert Einstein


NXT Information
PPS was 0.30.
Expected price assuming dividends represent 1%/month interest rate = 0.30*52/12/0.01 = 130 NXT/share

We're making payments now, enjoy your dividends.
full member
Activity: 206
Merit: 100
October 18, 2014, 12:35:49 PM
#34
this project failed. the guy has nonsense gibberish on his main page.

No, you're wrong. We're very successful.
sr. member
Activity: 280
Merit: 250
October 17, 2014, 02:24:39 PM
#33
this project failed. the guy has nonsense gibberish on his main page.
full member
Activity: 206
Merit: 100
October 06, 2014, 09:03:55 AM
#32
KPS is pleased to announce our eighth weekly payment on coinsortium.co!

0.194 BTC was paid out over 10,286 shares. We have now raised our dividends for eight weeks in a row.

Unfortunately Coinsortium has disabled withdrawls and has also disabled the ability for us to place bids on KPS. This prevents us from supporting the share price, as there are currently no bidders.

NOTICE TO ALL SHAREHOLDERS:
In precisely 6 days we will issue a special dividend of 20 KNS shares for every KPS share. Each KNS share will IPO at about 1/3rd of a KPS share. So as you can imagine it is materially important for you to be able to receive your KNS shares. Please contact me immediately for instructions on how to transfer your shares to the NXT AE or you will be unable to take part in this offer.

Thank you for your support,


“An expert is someone who knows some of the worst mistakes, which can be made, in a very narrow field.”
― Neihls Bohr


NXT Information
PPS was 0.326.
IPO price as at Oct. 6th, 2014: 16 NXT/KPS.

NXT payments record:
StakeholderPaymentTXID
NXT-8FG7-5GYY-WN87-FMQFQ921.253963936306719791947
NXT-3NTG-FJPG-FFRY-FSZH4814.0015000922584655590370
NXT-H2GA-EFLM-2SR3-6X3MV390.2011819888326083645715
NXT-FAHJ-MNJE-5BHY-24PP4390.2011478024670710004031
NXT-6RKA-ZVFL-VBS6-7D2EP243.5013069597424034921103
NXT-KUQ3-SYHL-E4BE-B2BL5227.207477432300553517166
NXT-UAPC-3T43-FFT6-HW5BZ106.5815921837695197970826
NXT-3KDA-VW8D-S38W-BJJA597.80658478922954656324
NXT-8D65-AVB7-X8SM-2JTX469.116770945801635480020
NXT-9SYB-C2GF-JA2X-2R4S365.205112113545326267745
NXT-HFTL-X9BX-BBQX-8FPEG52.1615037577344985346883
NXT-CSMZ-VJV5-YVVP-5FZQU48.9011795398931956077500
NXT-DNEE-TZ9V-EW7E-C64UY41.7312295334890927178139
NXT-2L4G-2KTP-7YKJ-HZNJY39.1212984904468720968543
NXT-F87Z-VNC2-A28A-2ZHYW32.6016620114315765070996
NXT-7LUP-MRCU-VHAB-C5XXJ32.602079578803469951244
NXT-YJ25-HTWF-N8RR-4TJAY32.6012003718472331092364
NXT-ZZ4W-YB6N-2TPJ-7EUY932.605723942986676060094
NXT-X2ER-EMGR-E3LG-7AR8H32.6016427041860628068381
NXT-5294-T9F6-WAWK-9V7WM32.606102068576729519319
NXT-LTLB-WLM9-4X6U-8L5PT24.1214949670008337948228
NXT-V9HG-HQ5F-YTFK-BEYC222.8218109888745069060758
NXT-JGKG-5VF4-CCZS-HTSY319.5612987935195438450029
NXT-Q3FL-S6D3-DHLR-7WNSX16.301409477329951678284
NXT-S27N-JBGA-J8QD-AMAT814.6717894428620683910126
NXT-HBFW-X8TE-WXPW-DZFAG6.526964684570137752647
NXT-FGZH-Z3S4-TVHE-2KZ776.5211821702838736250396
NXT-MRCR-CCU5-SZVY-BJACF3.593380717726452573325
NXT-S96S-MDZY-UKG8-2ACBP3.2616213839756077175565
NXT-LYV3-64W9-TUUF-7BALU2.289658831175284557336
NXT-47L4-3ZFH-VP8P-2EA840.9816599967779082871858
NXT-ZTBF-6RES-AD56-C5CGP0.339957164914052210716
full member
Activity: 206
Merit: 100
September 29, 2014, 12:21:34 PM
#31
KPS is pleased to announce our seventh weekly payment on coinsortium.co!

0.193 BTC was paid out over 10,040 shares. We have now raised our dividends for seven weeks in a row.


We are on the verge of making a bulk order of paper. Cost is the only factor, we need to sell another 3,000 or so shares. We have to make an order for index cards tomorrow and that we will be paying more than $3 per pack of 100. If we can sell those shares I can order almost 1,000,000 cards at once and that will lower our production cost significantly.

Thank you for your support,


“Look up at the stars and not down at your feet. Try to make sense of what you see, and wonder about what makes the universe exist. Be curious.”
― Stephen Hawking


NOTE: We also list on the NXT AE. Following is our payment record for NXT.
NXT Information
PPS was 0.256.
IPO price as at Sep. 29th, 2014: 16 NXT/KPS.

NXT payments record:
StakeholderPaidTxID
NXT-3NTG-FJPG-FFRY-FSZH4767.0015456866245453594947
NXT-8FG7-5GYY-WN87-FMQFQ442.9011629885235063751210
NXT-H2GA-EFLM-2SR3-6X3MV306.201473324400526653120
NXT-FAHJ-MNJE-5BHY-24PP4306.2017458210854969936886
NXT-KUQ3-SYHL-E4BE-B2BL5152.609127384811809955782
NXT-FDW8-THXX-PY8X-9VK6M78.367388623916852270352
NXT-UAPC-3T43-FFT6-HW5BZ57.8816408449656943092894
NXT-8D65-AVB7-X8SM-2JTX449.9414112034269522816626
NXT-4WUN-CK3J-EKX2-D996Q48.921809928436459811348
NXT-CSMZ-VJV5-YVVP-5FZQU37.402593370549950776138
NXT-DNEE-TZ9V-EW7E-C64UY29.989974336866363963232
NXT-2L4G-2KTP-7YKJ-HZNJY29.7210723568867452692277
NXT-HFTL-X9BX-BBQX-8FPEG29.727386048521291590153
NXT-F87Z-VNC2-A28A-2ZHYW25.603708972009533167948
NXT-ZZ4W-YB6N-2TPJ-7EUY925.601453077207148047800
NXT-X2ER-EMGR-E3LG-7AR8H25.6010723568867452692277
NXT-6RKA-ZVFL-VBS6-7D2EP25.603097134173175468106
NXT-5294-T9F6-WAWK-9V7WM25.6011207457859169120779
NXT-JGKG-5VF4-CCZS-HTSY315.3610952083878471195473
NXT-Q3FL-S6D3-DHLR-7WNSX12.803902606846962772317
NXT-FGZH-Z3S4-TVHE-2KZ775.1211432423150210564946
NXT-S27N-JBGA-J8QD-AMAT83.58793722747714718535
NXT-MRCR-CCU5-SZVY-BJACF2.8212629421004844938956
NXT-ZTBF-6RES-AD56-C5CGP0.2612782705790308175707
NXT-LYV3-64W9-TUUF-7BALU0.269756187570786800581
full member
Activity: 206
Merit: 100
September 23, 2014, 03:15:42 AM
#30
Our products are now available on the NXT marketplace. Search for seller ID "NXT-GEA3-AW7K-PWQY-GY3QK".

Our Asset Exchange post is here: https://nxtforum.org/index.php?topic=5532.0

We also do custom orders; if you'd like to learn a language, or even something like trigonomeric identities, we can custom-create a flashcard set just for you!

We also design sets for Anki and other software. Send inquiry for details.
full member
Activity: 206
Merit: 100
September 22, 2014, 10:37:44 AM
#29
KPS is pleased to announce our sixth weekly payment on coinsortium.co.

0.192 BTC was paid out over 9,616 shares (2% per week).

We have now moved to the mini-IPO model. We have issued 4,000 shares for public sale on Coinsortium and the NXT AE. We only need to sell these 4,000 shares in order to make a bulk order of paper, to be cut into booklets and index cards. This will enable us to lower our cost of production, make more money, and pay a higher dividend. Please support us by completing our mini-IPO!

Thank you for your time,



“In general we look for a new law by the following process. First we guess it. Then we compute the consequences of the guess to see what would be implied if this law that we guessed is right. Then we compare the result of the computation to nature, with experiment or experience, compare it directly with observation, to see if it works. If it disagrees with experiment it is wrong. In that simple statement is the key to science. It does not make any difference how beautiful your guess is. It does not make any difference how smart you are, who made the guess, or what his name is – if it disagrees with experiment it is wrong. That is all there is to it.”
― Richard P. Feynman


NXT Information
PPS was 0.266.
IPO price as at Sep. 22nd, 2014: 16 NXT/KPS.

NXT payments sent @ 0.266/share
StakeholderSharesPaidTxID
FSZH43000797.0012510241220090087063
6X3MV1200318.2017412248260255753402
24PP41000265.00181823245818598103
2R4S3700185.208425197507926744375 and 9456788532352881931
7WR86618163.399560871681255941995
B2BL5500132.001606096915225044666
5KRWT19550.879749375314888930713
5FZQU15038.9016191022412887152839
9VK6M13434.642760936598581783399
HW5BZ13033.5813562426188930689771
HZNJY12030.9215955305142035255860
C64UY11830.3911396261668934022182
2ZHYW10025.601265296993692854293
2JTX410025.605472053457425854468
7EUY910025.60714093317859019925
7AR8H10025.601906945572662988159
7D2EP10025.6011278810884271476343
9V7WM10025.603763416638844348737
HTSY35815.437966881248117538976
7WNSX5013.307229635574767274016
FMQFQ266.9213128368980657997736
2KZ77205.326961509419050396510
AMAT8143.7217449753552484306074
BJACF112.932984879231615424375
8FPEG92.3914615098337807906204
C5CGP10.2716803249288588818882
full member
Activity: 206
Merit: 100
September 20, 2014, 06:36:44 AM
#28
Dear investors;

Our IPO is now closed. We did not raise enough to pay for bulk paper or office space. Fortunately, due to a lower BTC and steadily increasing profits, we will not need to lower the dividend. I do not forsee a need to lower the dividend at any time into the future.

To raise money in the future, we will move to the mini-IPO model.

In the mini-IPO model we issue a small number of shares for a specific purchase. Our first mini-IPO will be for bulk paper at around 4,000 shares and 0.0012 BTC/share. This will lower our cost per pack from $0.93 to at least $0.77 quoted. This is important as paper is currently our largest cost component of flashcard production.

We are also launching a new staple-bound book series ("Nissan Phonics", not related to Nissan Corporation) so we would like to make a side order with the same company for A4 and legal size paper. We can currently produce each (color) book for about $1.70, and we will be able to sell them for around $3 to $3.50. A lower cost for B5, A4 and legal size paper will help us make more money on the books we sell too, but our first priority will be to secure card paper for index cards.


Dividend Announcement
=======================
The total payment will be 0.192 on Monday, September 22nd. This will represent a payment of 2.2%.

On Monday, we will release the first round of mini-IPO financing; 4,000 shares at 0.0012 BTC/share.
full member
Activity: 206
Merit: 100
September 15, 2014, 03:15:56 PM
#27
Classic Usagi talk

thanks for confirming.

like I said doesn't make any diff.. was just curious.

good luck with your new endeavor Smiley

Thank you for your concerns. Your question will be included in the FAQ. Please remove your posts from the thread within 90 days to avoid cluttering the thread! TY

I'm not sure what you're talking about, I had already given him a full response. I wanted to thank him for his concerns and let him know I added his question to the FAQ.

This thread isn't for discussions or asking questions unrelated to the company. I really don't have time to hang out here and answer them. I have several months of design work to get through.
full member
Activity: 206
Merit: 100
September 15, 2014, 02:53:05 PM
#26
I dont think pictures of setcards and a printer are good enough. You know those pictures could be taken somewhere from the net simply. Convincing would be to have a video or pictures showing the bureau including the printer, you in the picture too so that we know the ardeva image is really connected to you and so on. Its a cheap and fast way to prove anything and put doubts to rest.

Getting a sample of your product would only proof that you are a person that can order such a product. I could do it myself most probably. So i would like you to think more in failsafe proofs. Wink

Its pretty normal for such an investment that a trusted forum member gets a copy of the ID. I dont suggest myself in case you fear that. There are plenty of members that are trusted enough. At the moment i only see that ardeva page but i dont have a clue if i can trust it. Who runs it, does he even bother to check if the ID looks valid or is it only a created ID at the end? So ardeva alone doesnt convince me. Its not only about if i trust you, in fact i believe you, its the legal security involved. In case this really would turn out to be a scam, i dont say it will, then what would i have? Would the guy on ardeva claim he never heard about this all and that someone misused his ID? Would the phone number be VoIP? And so on. The problem is i couldnt prove that i had a contract with the person running that shop. So there need to be some plausible connection chain that can prove that the right persons have a contract.

Only saying. You know, Trust isnt given so freely anymore in here with all the scams happening. It would be pretty easy to lay those doubts to rest i think. Wink

By the way... is your business Bitcoin-Fail-Safe? So in case Bitcoin should die for some reason, would i still get revenue?

Thank you for your concerns. Your question will be included in the FAQ. Please remove your posts from the thread within 90 days to avoid cluttering the thread! TY
full member
Activity: 206
Merit: 100
September 15, 2014, 10:28:01 AM
#25
KPS is pleased to announce our fifth weekly payment on coinsortium.co.

0.189 BTC was paid out over 7,433 shares; payment per share was 0.00002542 BTC this week (2.5%)

Thank you for your time,



“It's not that I'm so smart, it's just that I stay with problems longer.”
― Albert Einstein


NXT Information
PPS was 0.3259
IPO price as at Sep. 15th, 2014: 12.8 NXT/KPS.

NXT payments sent (0.3259/share)
StakeholderSharesPaymentTXID
NXT-3NTG3000976.7016612475347155416745
NXT-H2GA1200390.0014885655896336628673
NXT-FLFU618200.4014794048331131391493
NXT-KUQ3500161.9510585181504956678218
NXT-9SYB360116.3016165069370063819528
NXT-KG5B20064.187470861875615532741
NXT-CSMZ15047.895021007653222783076
NXT-UAPC13041.3711248186157776199635
NXT-DNEE10332.571641625527334579068
NXT-F87Z10031.5976383713486715502
NXT-ZZ4W10031.5911286712059400451385
NXT-X2ER10031.594642758587910488361
NXT-5C4510031.593992497990734935437
NXT-529410031.5916330012972403052049
NXT-GKRC7523.4414393753158048121359
NXT-FDW87022.0015042148540230845170
NXT-JGKG5818.003972059798442172350
NXT-Q3FL5016.008451986388548273579
NXT-8D654013.0012275676864851963179
NXT-FGZH206.509808546381710211546
NXT-MRCR113.502981586324725662275
NXT-6RKA103.3010270830279585735961
NXT-S27N103.308440419867926690536
NXT-ZTBF10.3510898665805640540081
full member
Activity: 206
Merit: 100
September 14, 2014, 06:20:40 AM
#24
nxtforum moderator cobaltskky has posted a review of our Chinese flascards here:

cobaltskky's post on nxtforum
or
blog post version (link to pdf available)

A big thank you to cobaltskky for taking the time to write the review!
full member
Activity: 206
Merit: 100
sr. member
Activity: 420
Merit: 250
September 12, 2014, 05:57:25 PM
#22
I'm also curious if the same level of grilling is given to bitcoin mining companies. A quick scan of the securities board shows that KPS is one of the few non-mining companies. Right now, the top 15 threads for active securities (besides KPS) are for mining companies.

The truth is, I'd hoped diversification would be more appreciated. I suppose you are right and instead makes us stick out and look like a scam. I'll have to review this. Maybe we could buy a few mining units (ant miners?) and offer some kind of hybrid company where we mine AND print educational materials?  Cheesy

Mining companies are universally scams or failures. No one bothers grilling them cause they are just a way to lose money, and it's usually obvious from page 1. If their IPOs sell out, it's to newbies who haven't learned what bitcoin securities are all about yet. If serious people are asking serious questions about your company, take it as a compliment.
full member
Activity: 206
Merit: 100
September 12, 2014, 04:37:28 PM
#21
I even believe you that you have a shop since you seem to know what you speak about. But in case you decide to stop paying divs its uncertain if i could sue the person i gave my coins to.

Good luck with your venture as long as its real. Keeping Bitcoins is still a way better investment than risking bitcoins for the promise of some more bitcoins. Thats a lesson i had to learn the hard way unfortunately.

I'm also curious if the same level of grilling is given to bitcoin mining companies. A quick scan of the securities board shows that KPS is one of the few non-mining companies. Right now, the top 15 threads for active securities (besides KPS) are for mining companies.

The truth is, I'd hoped diversification would be more appreciated. I suppose you are right and instead makes us stick out and look like a scam. I'll have to review this. Maybe we could buy a few mining units (ant miners?) and offer some kind of hybrid company where we mine AND print educational materials?  Cheesy
full member
Activity: 206
Merit: 100
September 12, 2014, 07:40:30 AM
#20
I understand, but I've already explained that whether we outsource or not isn'tt relevant. We can sell cards at a profit, so this is a rather odd point of contention. I also find it odd that you (at first) claim not to be calling Ardeva a scam, then close with an assumption that it is a scam (because, ardeva == therefore not investing). Not sure what to say about that. I invoke the panasonic rule. If Panasonic doesn't have to do it to sell mp3 players, then I don't have to do it to sell flashcards. Sorry, no shoes on heads sent to trusted forum members.  Undecided

NXT is only another Cryptocurrency? With Bitcoin-Failsafe i mean more about what happens if Cryptocurrencies arent going to work anymore. For example countries all over the world decide that its illegal to accept them. It would make Cryptocurrencies practically dead instantly. And my question is if the investment would die at the same time or if the investment remains and another way for dividends would be searched.

If crypto-currencies die there will certainly be a period of time where we will be able to transfer over assets into the real world. Bank wire is a common procedure. In such a case each payment would be at least partially towards repurchase because I don't like that system. That being said, NXT is decentralized, and it is incredibly unlikely that NXT and bitcoin will be shut down at the exact same time.

You take security as an offense and thats a big red light for me.

No, I'm just not following one way of providing security. There are other, equally and even more valid ways.

Good luck with your venture as long as its real. Keeping Bitcoins is still a way better investment than risking bitcoins for the promise of some more bitcoins. Thats a lesson i had to learn the hard way unfortunately.

After the gold crash of the 90s, a lot of investors turned sour on gold. It took more than ten years for gold to start getting popular again. The same thing happened to stocks in the 80s, computer companies after the dot-com, etc -- markets bounce back, but it's interesting, that the people who make the big money are never the ones who got scared out by the first crash. Unfortunately this community isn't as trustworthy as you make it out to be. That is actually the problem -- people trusted too many community members that turned out to be rotten apples. It's time you moved on and started dealing with things like we do it IRL. You can use your bitcoin, sure, but this community trust crap, jeez, didn't you ever get ripped off by a "friend" in grade school? This is grade school stuff my friend. If you don't trust me then don't. But if that stops you from doing research into what I am doing, and learning, and making an informed decision, then you've lost a very important battle.
full member
Activity: 206
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September 11, 2014, 04:30:28 PM
#19
I dont think pictures of setcards and a printer are good enough. You know those pictures could be taken somewhere from the net simply. Convincing would be to have a video or pictures showing the bureau including the printer, you in the picture too so that we know the ardeva image is really connected to you and so on. Its a cheap and fast way to prove anything and put doubts to rest.

Getting a sample of your product would only proof that you are a person that can order such a product. I could do it myself most probably. So i would like you to think more in failsafe proofs. Wink

No, because we put our e-mail on the cards by default.

By the way, you've just shown that anyone can run a business. Yes, you too can run a flashcard business if you are capable of drop-shopping custom flashcards. Having to prove we own a printer, etc. is probably not even relevant. In fact, if we are going to be sending out samples and taking orders don't you think we'd want to have a printer just to cut down on costs? :/

Its pretty normal for such an investment that a trusted forum member gets a copy of the ID.

I don't think you see how sick that is and what it says about the community. I've registered on Ardeva. I've heard some people say it's "crappy" or whatever. I find it odd that I have gone through the trouble of registering and confirming my government id, passport, and letters from my boss and my bank only to be told that I need to give someone on this forum my ID as well. I hope you can appreciate how weird that sounds. Sorry, but Ardeva has policies and is seeking to make money, they are not going to be subject to the same problems a "community member" has. For me, Ardeva has benefits that a random forum member cannot provide.

I dont suggest myself in case you fear that. There are plenty of members that are trusted enough. At the moment i only see that ardeva page but i dont have a clue if i can trust it. Who runs it, does he even bother to check if the ID looks valid or is it only a created ID at the end? So ardeva alone doesnt convince me. Its not only about if i trust you, in fact i believe you, its the legal security involved. In case this really would turn out to be a scam, i dont say it will, then what would i have? Would the guy on ardeva claim he never heard about this all and that someone misused his ID? Would the phone number be VoIP? And so on. The problem is i couldnt prove that i had a contract with the person running that shop. So there need to be some plausible connection chain that can prove that the right persons have a contract.

Only saying. You know, Trust isnt given so freely anymore in here with all the scams happening. It would be pretty easy to lay those doubts to rest i think. Wink

By the way... is your business Bitcoin-Fail-Safe? So in case Bitcoin should die for some reason, would i still get revenue?

Yes, we also operate over NXT.

As for the trust issues, if you don't trust us don't invest. Beyond a certain limit, trust issues become paranoia. I believe we have crossed the trust line and that's good enough for me. I am guessing you will find many brick and mortars are the same. We'd rather wait another day and serve another customer than taking a picture of a shoe on our head. If you can't figure out we are for real without seeing a picture of a shoe on our head, you probably don't know enough to analyze our business and decide if the investment is for you or not ;-)
full member
Activity: 206
Merit: 100
September 10, 2014, 10:13:11 PM
#18
September 11th, 2014

Company update #173 has been posted on coinsortium.co.

Kongzi Print Shop is pleased to announce the details of our fifth dividend payment.
  • Payment will be made on Monday, September 15th, 2014, for the amount of 0.189 BTC.
  • If there are still 5,200 shares outstanding, this will represent a payment of 3.6% per week.
  • The payment will occur on Monday morning between 10am and 11am EST/New York.
  • The payment will be paid over outstanding shares only.

Company News:
  • We have received our new printer and as a result lowered our cpp by 40%.
  • We have sourced lamination film and as a result lowered our lamination film cost by 46.2% over retail.
  • Our total cost for producing flashcards has therefore been lowered by 22%.
  • We are producing a new textbook series which will allow us to pay a special dividend in October.
  • We have added a a staple bindery and are constructing a manual perfect bindery capable of binding 4 books per hour.
  • We expect to increase capacity organically to 50~60 books per hour within 3 months or if we can meet our funding goals.
  • Our current funding goals are:
  • ~2,000 shares for laminate MOQ.
  • ~5,000 shares for construction of handmade perfect bindery and Japanese traditional bindery.
  • ~5,000 for internet advertising programs.
  • ~15,000 shares for bulk order of A4 paper and/or 3x5" index cards MOQ (160 gsm).
  • ~10,000 shares for storage space, office space and incidental costs (1 year).
  • When we meet this goal of ~50,000 shares we will close the IPO and no more shares will be sold.

An update will be made on Monday when we post our dividend payment to shareholders.
full member
Activity: 206
Merit: 100
September 10, 2014, 09:44:06 PM
#17
Can you prove somehow that you really have that business and that you do what you claim doing?

Yes. I have shipped print to members of the community. cobaltskky, the moderator of nxtforum, has one of our Chinese flashcard sets, the "dagongji" set.

What about pictures of your bureau, printers and products?

A picture of the new 551 is available above. In addition, photos of some of our flashcard and textbook sets are available on our development blog, at http://kongzi.ca/wordpress.

I wouldnt mind having the person in charge on one of the fotos ...

My photo is available on my Ardeva profile. https://ardeva.com/profile/cd8fe32c-4bc0-4664-afe3-5af90c7dba6a

...and i think investing only would be possible when i would get to see your ID or at least know your ID is with a trusted escrow on BCT.

No, that's somehwat invasive and it doesn't do anything. The above (with Ardeva) should be sufficient.

The best way to know we are for real is to order one of our products. I will give you one of our sets at cost if you are interested in doing a review. You can pay after you receive it if you don't trust us  Wink

At the moment all i see is a anonymous forum account claiming to have a business without proof, websites that could be done with an automated script pretty fast most probably and thats it. There are payments flowing though its open if those shares are really owned by other persons.

I think the scams in Bitcoinworld were far too great in numbers so that its not enough anymore to simply open a thread.

That's a sad reality we all have to deal with, but if you explore all the information available about the company, especially on our nxtforum discussion thread, I hope you will come to understand more about the company.
full member
Activity: 206
Merit: 100
September 08, 2014, 10:06:06 AM
#16
KPS is pleased to announce our fourth weekly payment on coinsortium.co.

0.188 BTC was paid out over 5052 shares; payment per share was 0.00003721 BTC.

Thank you for your time,



“Give me a place to stand, a lever long enough and a fulcrum, and I can move the Earth”
― Archimedes


NXT Information
PPS was 0.477
IPO price as at Sep. 8st, 2014: 12.5 NXT/KPS.

NXT payments sent
Address EndingShares PaymentTotal PaymentTXID
FSZH430001,430.000000003028077574674121463
6X3MV20094.400000006668396324160490555
B2BL519792.9690000013630921955633397587
5KRWT16678.1820000017312622735351547916
5FZQU15070.5500000016320026901918525883
HW5BZ13061.0100000018043813099694188796
9TS7T13061.010000002817387619166127247
2ZHYW10046.70000000758704582391031560
7EUY910046.700000005001577857718787576
7AR8H10046.700000007557675565438188613
9V7WM10046.7000000014167650809460294545
HTSY35625.7120000011924867030724456121
C64UY5324.2810000013449766935879772809
G59H85022.8500000011838747827640036042
2JTX44018.0800000018278666593982195347
2KZ77208.540000001584819062765627069
7D2EP103.7700000018264930327718399496
AMAT8103.770000003955603097504876430
sr. member
Activity: 373
Merit: 250
September 06, 2014, 08:15:22 PM
#15
Looks good, now if only Cryptsy would release my NXT  Angry
full member
Activity: 206
Merit: 100
September 06, 2014, 06:51:01 PM
#14
Our new printer has arrived and it's all set up and works perfectly. I can't wait to put her through her paces!

full member
Activity: 206
Merit: 100
September 05, 2014, 01:12:55 AM
#13
Quick question about the way shares are held. On your site you say that you hold the debt for us on coinsortium if we buy in via NXT. What exactly does this mean?

It was originally designed to prevent us from selling more than 1 million shares and diluting Coinsortium holders. Also, when calculating dividend payments, keeping the same number of shares we sold on NXT in a proxy account allows us to easily calculate how much we need to send to NXT.

But in practice we always have enough NXT lying around to avoid exchange fees, and the way it's set up now tends to confound what is actually going on with each listing. It doesn't affect your ownership of shares. I am actually thinking of just removing the clause and cancelling all the shares in the proxy account. The only difference it would make to you is that instead of looking at the shares sold on Coinsortium as the total float, you would have to add the shares sold on NXT to the shares sold on Coinsortium to get the total amount of shares. Other than that I can't see a difference.

At any rate we are going to close the IPO and start buying back shares before 100,000 shares are sold. It turns out we don't need that much money. Selling 80,000 or 90,000 shares will be more than enough to fund our operations for a year including making a bulk purchase. [edit: of toner, index cards, business cards/cardstock/a cutting machine, laminator pockets, etc.] Once we start buying back shares, I have a feeling our shareholders are going to be very happy.

The only issue you may encounter is that if Coinsortium closes and does not provide proof of ownership, you will not be able to claim any shares you held on Coinsortium. In that respect holding on NXT is probably the better deal.
sr. member
Activity: 373
Merit: 250
September 04, 2014, 08:09:53 PM
#12
Quick question about the way shares are held. On your site you say that you hold the debt for us on coinsortium if we buy in via NXT. What exactly does this mean?
full member
Activity: 206
Merit: 100
September 03, 2014, 08:55:36 PM
#11
September 4th, 2014

Company update #145 has been posted on coinsortium.co.

Kongzi Print Shop is pleased to announce the details of our fourth dividend payment.
  • Payment will be made on Monday, September 8th, 2014, for the amount of 0.188 BTC.
  • If there remain only 3,410 shares outstanding, this will represent a payment of 5.5% per week.
  • The payment will occur on Monday morning between 10am and 11am EST/New York.
  • The payment will be paid over outstanding shares only.

Company News:
  • We need to sell another 3,000 shares to purchase the new printer.
  • The new printer is estimated to reduce the cost per card by 2 cents per card.
  • We will be able to immediately increase our volume by 3,000 cards per month.
  • Our dividend will increase proportionately.
  • To drum up investor support we have placed several thousand shares on sale.
  • You may find numerous shares on the NXT exchange at more than 5% off.
  • Once we get the new printer and office space, we will stop selling shares.

An update will be made on Monday when we post our dividend payment to shareholders.
full member
Activity: 206
Merit: 100
September 01, 2014, 10:31:47 AM
#10
KPS is pleased to announce our third weekly payment on coinsortium.co.

0.175 BTC was paid out over 2650.68 shares; payment per share was 0.00006602 BTC.

Thank you for your time,



“The successful man will profit from his mistakes and
try again in a different way.”
― Dale Carnegie


NXT Information
PPS was 1.19234242
IPO price as at Sep. 1st, 2014: 18.06 NXT/KPS.

NXT payments sent
Address EndingShares PaymentTotal PaymentTXID
FSZH410001,19210642982040340812400
FMQFQ10001,1925460210014841239263
4XUG3200237.468484745653114290773094184
HW5BZ130154.0045150812968424574411971688
9V7WM100118.234242378567158219342452888
7AR8H100118.2342423711899113409999134268
C64UY5058.617121182107911516915634207
893ZQ5058.6171211810680554070396611424
93E8C5058.6171211814063898274789053726
5KRWT2124.03919090730209093096432032
2JTX42022.8468484711447372481444481243
2KZ772022.8468484714031138878741144640
G59H81010.9234242413537930764590830116
7D2EP101.1923424217318079409426500000
7D2EP1010.731081815082453193375938300
full member
Activity: 206
Merit: 100
August 29, 2014, 02:29:38 AM
#9
August 29th, 2014

A company update has been posted on coinsortium.co.

Kongzi Print Shop is pleased to announce the details of our third dividend payment.

Notes:
  • We have confirmed our payment amount for Monday to be 0.175 BTC.
  • Over 2650 shares this would be a payment of 6.6% per week.
  • Our NXT listing is going well. The current IPO price is 19.3 NXT/KPS.
  • There are still 5,000 IPO shares listed at 18 NXT/KPS. Get it while you can.
  • We are considering relocating ahead of schedule so we can order print materials in bulk.
  • The savings we will achieve by ordering bulk cards and sleeves should cover the cost of increased rent.

An update will be made on Monday when we post our third dividend payment to shareholders.
full member
Activity: 206
Merit: 100
August 25, 2014, 09:39:01 AM
#8
KPS is pleased to announce our second weekly payment on coinsortium.co.

0.171 BTC was paid out over 543 shares; payment per share was 0.00031491 BTC.

Thank you for your time,


“I should like to suggest to you that the cause of all the economic troubles is that we have an economic system which tries to maintain an equality of value between two things, which it would be better to recognise from the beginning as of unequal value.”
― Paul Dirac


NXT payments sent
Stakeholder---------------------QuantityPercentage (%)PPSTotalTransacrtion ID
NXT-8FG7-5GYY-WN87-FMQFQ200.0025.25492268104.0984536710638105664437402261
full member
Activity: 206
Merit: 100
August 23, 2014, 09:03:47 AM
#7
August 23rd, 2014

A company update has been posted on coinsortium.co.

Notes:
  • We have a listing on the NXT decentralized exchange.
  • Our Asset ID is 10941619155761914846 -- always check the Asset ID when trading.
  • Please see our announcement for more information.
full member
Activity: 206
Merit: 100
August 22, 2014, 02:22:53 AM
#6
August 22nd, 2014

A company update has been posted on coinsortium.co.

Notes:
  • We have confirmed our payment amount for Monday to be 0.171 BTC.
  • Over 541 shares this would be a payment of 31.6% per week.
  • We have withdrawn our listing on Crypto::Stocks.
  • We are planning to list on the NXT decentralized exchange. Please see above link for details.
  • We have added a blog post featuring flashcards from two of our current sets.
  • We will be adding more photos of our products including another textbook and two more flashcard sets next week.

An update will be made on Monday when we post our second dividend payment to shareholders.
full member
Activity: 206
Merit: 100
August 21, 2014, 12:11:13 AM
#5
That does not make sense.  I buy a share for .001 you send me more than that on first payment?  Where did your money come from?

The information you're looking for is available on our asset page, our company presentation and this blog post about the company's products. Our website has links to all of this information.

Thanks and allow us to offer you a discount on any of our flashcard products; just mention we said so and your bitcointalk.org username when you contact us with your order.
full member
Activity: 206
Merit: 100
August 20, 2014, 11:09:41 AM
#4
So you are selling shares for .001 and your first dividend payment was for more than the purchase price?

Yes. In a Coinsortium IPO securities do not have access to IPO shares. Therefore we can only send payments to shares people have bought on the exchange.

If we held back money because it was only a few hundred shares, it would be a violation of our contract. That's probably not a good way to start our listing.
full member
Activity: 206
Merit: 100
August 18, 2014, 09:34:14 AM
#3
KPS is pleased to announce our first weekly payment on coinsortium.co.

0.169 BTC was paid out over 146 shares; payment per share was 0.00115753 BTC.

Thank you for your time,


“In general, we look for a new law by the following process: First we guess it; then we compute the consequences of the guess to see what would be implied if this law that we guessed is right; then we compare the result of the computation to nature, with experiment or experience, compare it directly with observation, to see if it works. If it disagrees with experiment, it is wrong. In that simple statement is the key to science. It does not make any difference how beautiful your guess is, it does not make any difference how smart you are, who made the guess, or what his name is — if it disagrees with experiment, it is wrong.”
― Richard P. Feynman
full member
Activity: 206
Merit: 100
August 17, 2014, 05:38:47 AM
#2
KPS Frequently Asked Questions

1. This is a self-moderated thread. What are the rules?
- This thread is for news and updates regarding Kongzi Print Shop.
- Please be patient; we do not have a support agent on bitcointalk. It may take up to 7 days to receive a response.
- To keep things tidy and clean, all off-topic posts will be deleted on, before or after a grace period of 90 days.
- Posts containing questions answered on our asset page, in our company presentation or in this FAQ will be removed without further explanation.
- PG rating. This is a family thread.

2. Company Information & Updates
We will publish updates via announcement on coinsortium.co. We will post our company presentation and articles about our company on kongzi.ca.
You should rely only on the information contained in our own news releases and our presentation. We have not authorized any other parties to provide you with different information. If anyone provides you with different or inconsistent information, you should not rely on it.

3. Where do you list?
We list on coinsortium and on the NXT decentralized exchange.

4. How does your NXT listing work?
Asset ID: 10941619155761914846 -- always check the Asset ID when trading.
When a share is sold over NXT, we convert NXT into BTC and hold shares on your behalf on coinsortium.co. No share dilution will occur as a result of our listing on the NXT decentralized exchange. Note: The NXT team is currently working on single-transaction payments for asset issuers. Until then, payments which are less than transaction fees will be held until the end of the month.

5. Should I buy on Coinsortium or on NXT?
If you buy on Coinsortium you hold direct (first-class) shares. However, Coinsortium does not provide shareholder lists to the asset issuer and in the event of an exchange closure you will not be able to verify your ownership of shares in KPS. If you buy and hold your shares in your personal NXT account, you hold them in your hand, and there's no such thing as an "exchange closure". For this reason alone we must recommend you buy your shares on the NXT decentralized exchange until such time as Coinsortium is able to give us lists of asset holders on a regular basis.

6. You could be a scam! Let's play a game of what-if. We will start with, what if you just drop ship all your cards and you aren't really a print shop?
If we drop ship our cards, we are still a real business because we take money from customers and send them cards for a profit.

6b. What if all the pictures you took for your business were stolen from somewhere else?
If that were true, then you could easily find them with google goggles or a similar image search application. You can't. This is essentially proof the images are for real.

6c. (Since you don't appear in any of the pictures) What if the Ardeva image of you isn't real?
If the Ardeva image of me is not real, then I have managed to fake a passport, and several forms of photo government identification. But the rabbithole goes deeper, because I've also verified my address, my credit card, my employer and income... No, I don't think calling Ardeva into question is an option here.

6d. What if... What if...
This game of what-if never really ends. If you are that concerned, then first of all, thank you for being interested in investing in our company. I mean that. We are proud of you, and now you have some homework to do, and we can't do your homework for you. Please read our website, our blog, and our discussion thread on nxtforum. Read our dividend announcement threads, there's a few bits in there too. Read our announcements page on coinsortium.co. Then ask questions. I don't mean ask "Is ArDeVA a ScAM?", I mean ask someone who's ordered from us if we do ok business, or ask for a sample of our products. Anything but this cheese-shop what-if-you're-a-scam endless line of questioning. We both knew it would come to this eventually, thus this entry in the faq and no more. Feel free to test the thread's moderation policy (see question 1).
full member
Activity: 206
Merit: 100
August 17, 2014, 05:27:50 AM
#1
Kongzi Print Shop
Listed on coinsortium.co -- Ticker: KPS

What is it?
A personal services company serving the unique needs of ESL students in China and Japan.

How many shares to be sold?
Up to 1,000,000.
Edit: We will close the IPO after 50,000 shares have been sold on NXT or Coinsortium.

What price will they be sold at?
0.001 BTC or 12.5 NXT.

Company Announcements

Official Company Announcements : http://coinsortium.co/security.php?ticker=KPS#Anouncements
NXTforum Discussion : http://nxtforum.org/index.php?topic=4740.0
NXTforum Dividend Announcements (only) : http://nxtforum.org/index.php?topic=4916.0

NXT account used to issue assets
NXT-GEA3-AW7K-PWQY-GY3QK

Asset ID
10941619155761914846

Ticker symbol (for Bitcoin investment on coinsortium.co)
KPS

-----

For more information please see our coinsortium.co page (coinsortium.co/security.php?ticker=KPS) and our development blog (kongzi.ca/wordpress/print-shop/).
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