Author

Topic: [LTC-GLOBAL] LitecoinRS-PT (Read 592 times)

sr. member
Activity: 266
Merit: 250
LitecoinTalk
September 19, 2012, 06:20:27 AM
#4
Oh, i see Tongue sorry
hero member
Activity: 686
Merit: 500
Wat
September 19, 2012, 06:18:11 AM
#3
You maybe want to anounce this on LitecoinTalk Smiley

 I thought I already did lol.  http://forum.litecoin.net/index.php/topic,624.0.html

sr. member
Activity: 266
Merit: 250
LitecoinTalk
September 19, 2012, 06:12:42 AM
#2
You maybe want to anounce this on LitecoinTalk Smiley
hero member
Activity: 686
Merit: 500
Wat
September 19, 2012, 05:52:43 AM
#1
Coming soon.

https://www.litecoinglobal.com/security?s=LITECOINRS-PT


   
LITECOINRS-PT is a passthrough to the  BITCOINRS asset listed on GLBSE
(https://glbse.com/asset/view/BITCOINRS)  The dividend will be paid within 48 hours of the payment
from BITCOINRS. If this is not possible the dividend will be paid out together with the next dividend. The
issuer has the right to issue more shares and buy back shares at current market rates. The shares have no
voting rights.

1.100% of LTC raised will be converted to BTC and used to purchase as many shares of BITCOINRS as
possible.
2.100% of the dividends paid by the BITCOINRS shares will be converted from BTC to LTC.
3. 95% of the resulting LTC will be paid as a dividend to LITECOINRS-PT shareholders, and 5% paid to the
issuer as a management fee.
4. The dividends received by LITECOINRS-PT shareholders will vary according to shifting market rates and
the BITCOINRS payouts

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