Topic: [LTC-GLOBAL] ESECURITY SA BOND (Read 2024 times)

Have a look here, there is your answer .

What is KODDOS?  I'm not really a potential investor, I'm just curious.  I have like less than 0.4LTC.

I am trying to contact anyone in KODDOS, but without any luck - more info at following link. If you have some ideas or new information, please join us in this thread.

How's this fund going?  I still see it listed on crypto-trade.

USDLTC. But it probably makes sense to calculate price in USD and then convert it to LTC as needed.

So it pays 135 USD per month on average, that would be 1620 USD per year = 0.162 USD per share per year. Buyback is 0.25 USD per share.

So you expect to get 0.25 + x * 0.162 USD where x is number of years until liquidation.

Discounted present value would be something like (0.25+x*0.162)/(1+i)^x where i is interest you might get otherwise.

E.g. x = 3, i =10%:  0.736/1.331 = 0.553 USD.

Current USD/LTC rate on btc-e is 0.046, so we get 0.553/0.046 = 12 LTC breakeven price.

And majority of trade was around that recently...

Are your calculations using the current BTCLTC price or USDLTC price?

You can buy from whoever sell them on market, just not from the issuer.

Note that it's good idea to get info on pricing before you buy.

Essentially this bond is going to pay us about 4 LTC per share on average. After some time it would be bought back at 6.4 LTC.

If you think it will exist forever and you want to a return of 10% per year, the breakeven price is about 4/0.1 = 40. If it's cheaper than that, buy!

However "forever" might be too long. Let's consider a situation where bond will pay coupon for 3 years and then it will be bought back. Then you'll get 4*3+6.4  = 18.4 LTC.

However, if you invest your money at 10% per year, you would get 1.33 of your original investment in 3 years.

So breakeven price is 18.4/1.33 = 13.5. Before you take risk into account...

So I'd say that people who bought it at @20 are kinda too optimistic...

so cannot buy anymore bonds ?

Last extra BIG dividend

Dear Shareholders

Due to a better rate LTC/USD today when I exchanged more LTC obtained I've got
an extra 202 usd on the planned rates. This extra money is also directly
redistributed to shareholders. Please find below all details.

202 usd obtained more than planned rate at convertion rate LTC/BTC then BTC/USD
4593 LTC has been got from this LAST convertion
4593 LTC extra dividend issued to 10000 shares
Amount per share     0.4593 LTC

Dear Shareholders

Due to a better rate LTC/USD today when I exchanged more LTC obtained, I've got
an extra 9.50 usd on the planned rates. This extra money is also directly
redistributed to shareholders. Please find below all details.

9.50 usd obtained more than planned rate at convertion rate LTC/USD
9.50 usd converte to 0.042 USD per LTC = 225 LTC
225 LTC extra dividend issued to 2800 shares
Amount per share     0.08035714 LTC

Special announcement : Extra dividend

Dear Shareholders

Due to a better rate LTC/USD today when I exchanged first LTC obtainecd I've got
an extra 8.50 usd on the planned rates. This extra money is also directly
redistributed to shareholders. Please find below all details.

8.50 usd obtained more than planned rate at convertion rate LTC/USD
8.50 usd converted at 0.0425 USD per LTC = 200 LTC
200 extra dividend issued to 1466 shares
Amount per share : 0.13642565 LTC

Best regards, Neotrix

You are welcome Liquid00

6.2 is the cheapest price you can got each bonds for now.

Next dividend is planned for next Sunday.

Sorry im new to this but i got 16 @ 6.2 LTC is that good ?

Also how do i know when im getting Dividend ?

Cheers

Dear Shareholders

10.12% of shares has been sold already. First weekly dividend as been issued today. We do rent our server 450 usd monthly. Please find below the calcul for the first weekly dividend.

450 usd / 30% = 135 USD
10,12% share sold = 13.66 USD monthly also / 4 (weekly) =  3.415 USD

3.415 usd = 85.38 ltc at 0.04 usd

85.38 ltc reversed as first weekly Dividend. For 101 share that's 0.08436 ltc per share for this first week.

That 1.31 % LTC profit for week 1.

Hello everyone

I decided to open a LTC fund  (The BTC one should follow soon) based on my hosting company Esecurity SA (Koddos.com)

https://www.litecoinglobal.com/security?s=ESECURITY-SA

Please find below the detail:

Introduction:
This contract explains the Esecurity SA LTC Fund. The capital of this fund will
be invested to buy one server at 2500 usd.
This server will be pluged to our network (koddos.com) and will be rented to our
customers.

The monthly average price we do rent our servers is 450 usd.

30% of the server USD income will be converted in LTC to pay dividend to
shareholders.

Dividend will be paid out monthly or weekly at the discretion of issuer.



Company presentation:
Esecurity SA, is a Belize registered company since 3 years. Koddos.com is a
division of Esecurity SA.
Koddos is a premium hosting service that specializes in high end hosting. It
utilize the latest technologies and high end hardware to provide an environment
where your webpages will be served at the fastest possible speed while providing
security against DDOS and other kind of attacks. We also offer Offshore Hosting
for special business.
Esecurity SA is proprietary of 350 000 usd of hardware ( Routers, Box DDOS
protection, servers...) Company have 2 shareholders and 5 full and half time
workers.

Dividends Terms:

30% of the severs's income in USD will be distribued monthly. 70% are held by
the issuer for maintenance, bandwitch cost, company cost and some profits.

The average price we rent one server is 450 usd. We do rent our servers from 400
usd to 5000 usd monthly as DDOS protection have multi level an price. Dividend
will forward the income.

Server are guaranteed for 5 years.


Example :

We rent the server 450 usd monthly. The issuer will take 135 usd to convert it
in ltc for payment of dividends.

Example 2 : The second month the customer is DDOS attacked and upgrade his
protection. He pay now 1000 usd monthly, 300 usd will be also converted for
dividend.


Profitability Risk: Issuer can not give any profit guarantee as it's impossible
to predict the future LTC price. However the usd profit is guaranteed. As the
USD profits are converted in LTC, the profit will increase if LTC prise decrease
and will decrease if LTC price increase.. The profit depend mainly of LTC price.
Additionnaly as quoted previously, the profit rate will depend either of the
price our customer rent the server monthly.


Closing of the Operation:
Issuer reserves the right to stop the operation of the fund for the following
reasons:

1)   Issuer can stop the operation due to its becoming unprofitable for the company.

2)   Issuer can stop the operation due to illness or other severe health or life
problems

3)   Issuer can stop the operation if the company close.

4)   Issuer can decide to close the fund for any other reasons than quoted previously.

The the 1-3 reason, the issuer can close the Fund at anytime. For the reason 4,
the issuer can close the fund only after 1 year of operation.

Liquidation of the Fund: When liquidation happens , 2500 usd ( initial amount
USD invested by shareholders in the fund) will be converted to LTC by the
issuer and reversed to shareholders in order to close the fund refunding the
initial amount of USD invested by shareholders when the fund has been open.



Please let me know if you have questions.