Topic: MMM Investment Mining GLBSE.com Stock - page 2. (Read 1865 times)

I think that covers everything that I can think would be useful now.  Thanks.

Yes each share holder will own 1/1600th of my mining endeavor. There is a mistype in my contract but I am unable to fix it at the moment. But each share gives you the right to vote and own assets in the company.

Selling shares not bonds correct?

The stock itself does not launch until tomorrow August 17th so until then sadly I cannot show what I would like the stock to sell at on GLBSE.com, but I personally would like it to start at .8 per share.

And I agree that the info should be posted on the GLBSE IPO Page but if you look on the market page at the stock it will show the business model. I don't know why they don't show it in both places.

I run a small farm that produces 8.2gh/s +or- 1% and am offering each of the share holders 1/1600th of the revenue, not the profits. Meaning whatever money comes in the share holders receive no lost money for power, maintenance, downtime or anything of the sort. Now I will pay each share holder a minimum of 100% of 5 mh/s PPS per day for the previous days mining. Though if the miners have a "lucky" day where more than the average amount of blocks are solved then the each shares holder will get 1/1600th of the total revenue.

Now overall the minimum of earnings as things are right now should be .0029 per day or roughly .02 per week which would be a minimum of 2.5% earnings per week. On a good week it could easily rise to 4% if not slightly higher depending on "luck". Again I know I can't compete with Pirate but I will be transparent as possible.

Share holders have a right to vote to pass a motion with a majority of A. To offer off more stock when more mining capacity becomes available. B. To request contract amendments.

I wish this could be more like an actual business deal where people meet face to face and can judge the characteristics or a person. This bitcoin mining project is my pride and joy and I look to do everything I can do better it. At this time I believe the best interests are to earn new capital to expand my operation. Remember that me making you happy makes me happy. If the stock prices rise and I expand my operation once new stocks become available it does better for me as well.

Now as a clause of safety if something were to ever happen and made bitcoin mining not become profitable each share holder still owns 1/1600th of my mining endeavor and each would earn and equal percentage from the liquidation of assets.

I hope this answers a few questions, Thank you
 

Would you care to provide what your IPO will sell at?  I can't seem to find the initial price you will be offering the stocks at anywhere.  I've tried to get a couple of other GLBSE assets at IPO, but didn't see what the initial price would be, so I got left out of the initial sell due to having a very limited BTC balance.

Also, details as to your setup, business model, etc. that you know at this point would be useful information for investers.  I can guess some of the information from your other posts, but it would be better if you presented it here, and if possible, on the GLBSE IPO page.  More information is better, and the more detailed, the better. This is one reason I will never be giving any of my money to Pirate or any other possible ponzi schemes: the complete lack of information about how the money is generated.

True I could have definitely found a better ticker symbol and wish I had honestly I had no idea that it was linked to a massive Russian Ponzi scheme . But I am posting here only to let you know to at least take a look if investing is something that you're in to. Their are alot of decent people in the bitcoin world and a lot of horrible scammers I know that to be true and its sad but that's life. 5-7% a week is about standard for what a well set up bitcoin mining farm makes i.e. you invest $5000 and you make $45 a day, 315 dollars a week or roughly 6% (5000/100=50 or 1%) Again I know its hard to trust people and I wish I could show people that I am doing this with every good intention and taking no risk with the bitcoins earned. But again trust cannot be bought or spoken it must be earned and I understand your skepticism.

The MMM you link to (Mavrodi, Mavrodi, Melnikova) and the MMM in OP (Money Maker Mining) do not immediately look related. Still, if the latter is legit, maybe a name with different connotations would have been better...

A safe (and proven) way to throw away your savings.

    I Just wanted to throw up a post to those who would like a safe way to make 2.5-4% interest per week on their investment and have nothing to do with pirate.
I am incorporating my bitcoin company. Each shareholder will have the right to 1/1600th of the companys revenue, not just the profits. The dividends will be paid out daily at a rate of either 100% PPS or 1/1600th of the daily revenue, whichever is higher.

    The goal of this is to further expand my operation and improve the company. The shareholders do have a right to vote or issue a motion if they think that the way that I am investing isn't in their best interest. All investments and future revenue pertaining to the company will be made transparant as possible and I will release full purchase order and revenue lists to anyone or everyone at anytime upon request. After the stock opens on the 17th I plan to put a website up and show every bit of information that I deem necessary and every bit of information my share holders would need or even want to see. Now I am a small time operation and am only releasing 1600 shares because that is the limit for my company at this time , but with daily payouts which will be at least equal but having a substanstial chance to be higher than an just 5mhash/s 100% PPS there is amazing potential for people to earn some decent revenue through this entreprenuer adventure.

     Now I want my share holders to see how trustworthy and loyal I am and how my number one goal is them, to make them happy in turn makes me very happy so I will always do everything in my power to make you as much money as possible. I know I cannot compete with Pirates 7% a week stocks but we also know alot of people are scared that bad things will happen and as soon as those stocks make a payment everyone sells which then causes the price of the stock to drop and then you lost some of your interest. I will hope to do around 2.5-4%  interest per week (125%-200%per year) on your investment (Though that completely depends on stock price). My plans as I said are to grow my mining operation now the other great benefit to the stock is that when new equipment is up a ready to be used an announcement will be made to let only the shareholders know that a couple more shares would be coming online and they would be going for idealy significantly lower than the typical asking price.

     I would really hope some of you who are in to that kind of thing would give it a look and if nothing else just a look, but grab 1 share and see if you like it. If you do there will be more but it is a relatively limitThank you to those of you who read through this. Please if you have any questions about this you can email me through this site, or Khellion25.hotmail.com