That's a great question. I've wondered that myself. Everyone who sells shares claim that they just bought them recently. Maybe they did, but maybe they also hold shares which are much older. Since there is no way to choose which shares you sell, how can anyone know how old the shares purchased from a re-seller actually are?
nope, people begin to notice ltcgear only after there is anniversarry discount, i recall there is less than 150 user before the anniversarry discount, so its like august or september, and couldnt be more than 8 months old shares
About the maintenance "tax" fee ... Just making a guess.
1) All shares would be treated the same. Current wording supports that.
2) Current price would be the $900 / 3K shares
3) 20% since that is the high estimate.
20% * $300 / 1000 shares = $60 / 1000 shares. Roughly 2.5 weeks of payment right now. Thankfully LTC has gone up.
That is my guess based on:
"Hosting and power costs are included for one year. After each year, a power/hosting/maintenance has to be payed to maintain ownership for another year. The fee is around 5% – 20% of initial share price and it can be calculated only at the end of the year."
He cannot realistically think he is getting 1 satoshi out of anyone until he pays us all the back payments, plus missed payment from 12/12 and 12/19 and final affiliate payments. Chris you pay us before we pay you anything more.
i agree, he should have 1 satoshi from us unless he paid us, i will be happy only if he pay for 1 week payment, faith should be restored if he pay only for 1 week,