Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 164. (Read 452224 times)

With the size of offering I'm making it's kind of first come first serve.  So "Get em while they're hot!"

... Can a chunk be reserved for smaller (loyal) bond holders who don't have large amounts of BTC in reserve, otherwise the big fish make all of the gains in a selling storm?  

I called it! (was very close at least)
This is some very awesome news!

Excellent ! 

Can I quote you on this for the website?

this

Sometimes I feel like I'm never going to make my LRM investment back, other times I feel like I'm sitting with Steve Jobs in his garage in 1976...

I remember a military instructor telling me something like that once.... I didn't feel too good after that.  

Whoa!


Whoa!!


Time to get some cheap shares


Sounds like it!!

Yes, I failed to discuss this with grnbrg before making the announcement I was looking to offload a few more bonds.

Current outstanding bonds: 57108

With this addition of 7892 bonds it will bring the total issued to 65000.

The reasons behind me issuing extra bonds, I've been wanting to release to the public for quite some time.  I can give limited details on them, but I'm hoping it's enough for now.  There is a very large deal with BitFury in the works as we speak that will add an enormous amount of guaranteed equipment to LRM, but this is only to hold us over for the really big news.  LRM is in the process of getting involved in an ASIC project that started months back.  The project has made it past every test, the only thing that was needed was a little extra funding.  This is something LRM could offer in return for at cost hardware as a result of partial ownership of the company.

This means that LRM should easily cruise past the 100TH club and into the PH range with minimal effort as long as a little extra funding is made available.  At this point selling these extra bonds isn't required to keep the company running, but I'm sure that all of the bondholders want to see this company flourish just as much as I do.  I promised everyone 100MH/s per bond, but what sounds way better than that is 10 or even 100GH/s per bond, which is not out of reach with our own chip.

I'm going to be offering these bonds at what I consider to be a large discount for what I have planned and charge 0.1BTC per bond.  If you are looking to purchase 500+ please contact me directly as I won't charge a fee for purchases, but I agree with grnbrg charging a fee in that this is not his job.  He is offering a great service helping LRM out and taking very little for his time.

Thank you to everyone who has made it possible for LRM to be where it is today.  I can assure you this is still just the beginning.

yes i agree to low less then 1/2 price of introduction

Labrat can you work out some good deals on asic hardware for shareholders


Regards Testit

I personally think 0.065 is too low for new bonds, especially with the first dividends from the new hardware coming in just 1.5 weeks, an unknown (to us) quantity of Monarchs pending, and the various things Lab_Rat has in the works for new hardware.  Unless of course if the issuance of new bonds at this time would provide a significant benefit to LRM at that price.

Yes, there is a fee for all manual bond transactions.  I have been setting it each Monday, targeting about $10.  Accordingly, this week the fee is 0.01BTC per transaction.  



grnbrg.

But there will be a fee?

Yes, just contact me.  The current price for bonds directly from Lab_Rat is 0.065BTC each.  Purchase will be treated in largely the same way as a transaction in the share trading thread, except there will be no seller. 


grnbrg.

(hmm... seems that theymos disabled .gifs? http://i.imgur.com/6ZC55CK.gif)

Will this be 100TH divided by the ~60,000 bonds already out there? So ~1.6 GH/s per bond?

How does taking bonds from you work? Will you announce a price here? Do we have to PM or mail you (risk getting lost in the massive amounts of PM and mail you're most likely getting)? Through grnbrg?
I'm interested in a few more, so if you read this, please feel free to take the initiative and PM me all information I need to know

The two weeks (plus a little change from beforehand) I'm putting every penny of into the company.  I'm not taking ANYTHING for power, rent, management fees, etc. And there are 2 things I have in the works right now that will blow everyone away once I can finally share them.  The 100TH club is no problem to reach in the very near future.

As per bond pricing, there are some liquidity issues with the amount of people actively trading bonds and also willing to put up with the current available means of trading.  I'm working on a way to legally get trading back up and running for LRM.

If you're interested in grabbing some bonds directly from me, I have a limited amount available, but don't want to sell too many until after I make the announcements as I feel the price is extremely low with what I have in the works.

From LabRatMining website, about the 2 weeks dividends cut:

The reason the price is so low is because people like you (with FUD) bought shares and are unwise enough to sell below the price they bought them.

Thanks John, can you tell me about these deals he made? Point to one time he mentioned, in 110 pages of threads over 5 months, 1) GH/s/BTC, 2) what his fee is? (hint: you won't find it)

And if he has been so good at choosing positive ROI investments, how come shares lost 60% of their value since IPO? And if you think that it's just because bitfunder is closed, then there's a great deal for you to make lots of money over at:
https://bitcointalk.org/index.php?topic=320578.160

Yes, everyone got screwed with ASICs (difficulty went faster than projected by nearly everyone, so almost no one got positive ROI and should have just kept their BTC in their wallet instead of investing). Even those with great deals got screwed. I don't blame LR for that, but I want to know that it won't happen again going forward. He doesn't have to disclose proprietary market models, but at least let us know he's thinking about them.