Pages:
Author

Topic: Now seeking investors for BitCorp Mining Company [Now pushing 40 GH/s!] - page 2. (Read 17205 times)

full member
Activity: 216
Merit: 100
Yochdog:

Just in case GLBSE were to ever go offline or be otherwise out of commission for whatever reason, do you maintain a constantly updated list of the beneficial owners of BTCMC shares so that you could continue to distribute dividends?

With the high mortality of bitcoin enterprises (bitcoinca,Tradehii, etc.) I hope that you have a pre-emptive backup plan for the security of your shreholders. No matter how secure BTCMC itself is, the GLBSE platform potentially has hacker or other vulnerabilities.
hero member
Activity: 994
Merit: 501
PredX - AI-Powered Prediction Market
Indeed it was!

Except the GLBSE part... (I made a new account, my old one I am failing to recover, need Nefario to return)
legendary
Activity: 2044
Merit: 1000
Yay hello!

I am one of the original investors...

What happened to my shares? (And how I figure to where I sent my dividends???)

Also, anyone know how to ressurect my GLBSE account? (I used the very first version of GLBSE when you had lots of keys and signing and whatnot)

This was resolved through PM.....just fyi
hero member
Activity: 994
Merit: 501
PredX - AI-Powered Prediction Market
Yay hello!

I am one of the original investors...

What happened to my shares? (And how I figure to where I sent my dividends???)

Also, anyone know how to ressurect my GLBSE account? (I used the very first version of GLBSE when you had lots of keys and signing and whatnot)
legendary
Activity: 2044
Merit: 1000
Attention all current shareholders:


If you could, please setup an account on GLBSE and then ask us to transfer your shares over.  Going forward, it is going to be very cumbersome to pay dividends on GLBSE as well as to holders not holding their shares there.

Basically, we would have to pay every holder twice.....once on GLBSE, then transfer the dividend again to your individual addresses for the shares held in trust.  

You can either PM us with your GLBSE account name, or e-mail us at [email protected]


EDIT:  Front page has been updated with current financials, expansion plans, as well as info on our NEW location. 

May financials will be posted soon.


donator
Activity: 1064
Merit: 1000
Dividends have been paid for May.

the rate was .015 BTC per share (formerly .15 BTC, prior to stock split) 


How does this share split work for us on GLBSE? Should I send you my shares and you send 10x back or how does this work?
//DeaDTerra

DeadTerra, I already transferred your newly issued shared to your account.....you should have the exact same ownership percentage as you did before.  Simply take your new total divided by 10,000 for verification.

Thanks! 
Okay thank you very much for the smooth and fast procedure Smiley
//DeaDTerra
legendary
Activity: 2044
Merit: 1000
Dividends have been paid for May.

the rate was .015 BTC per share (formerly .15 BTC, prior to stock split) 


How does this share split work for us on GLBSE? Should I send you my shares and you send 10x back or how does this work?
//DeaDTerra

DeadTerra, I already transferred your newly issued shared to your account.....you should have the exact same ownership percentage as you did before.  Simply take your new total divided by 10,000 for verification.

Thanks! 
donator
Activity: 1064
Merit: 1000
Dividends have been paid for May.

the rate was .015 BTC per share (formerly .15 BTC, prior to stock split) 


How does this share split work for us on GLBSE? Should I send you my shares and you send 10x back or how does this work?
//DeaDTerra
legendary
Activity: 2044
Merit: 1000
Dividends have been paid for May.

the rate was .015 BTC per share (formerly .15 BTC, prior to stock split) 

legendary
Activity: 2044
Merit: 1000
UPDATE

We have a good idea of what our May production will be, and all I can say is "wow". 

We are going to have gross proceeds of nearly 600 BTC, absolutely smashing our expectations.  We will get final numbers in the next week or so.

The stock split will occur tonight, and dividends will also be going out later today. 

If you have any concerns, please let us know. 

And PLEASE start trading on GLBSE.....we need to get some volume going.  Symbol is BTCMC. 
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
Re. having shares on GLBSE, I find their "captcha" intolerable. Can sometimes go 50 attempts without success in logging on. And customer service is nil - there was no response to my e-mails about the captcha
I haven't had issues with it, but some have mentioned that you may need to wait a few seconds after entering it before clicking the button to continue. No idea why.
full member
Activity: 216
Merit: 100
Re. the stock split, I would be stoked if you go ahead with that.


Re. having shares on GLBSE, I find their "captcha" intolerable. Can sometimes go 50 attempts without success in logging on. And customer service is nil - there was no response to my e-mails about the captcha
legendary
Activity: 2044
Merit: 1000
Why these huge share prices and not issuing more shares to increase liquidity?! Also you pay out these 0.125 BTC/month which would equal ~6 MH/s PPS per share. You claim to have 23.5 GH/s for 200 shares though - that would mean ~117 MH/s per share(!). Where does the income for the ~110 MH/s per share go?

Also I'd love to buy some shares, but if possible from the company itself, not just someone looking for a quick profit.

Well, being students of finance by trade, we believe that the underlying fundamentals matter, not share count.  We are considering a share split because so many people seem to care about price, despite meaning nothing in terms of return on investment. 

The excess production has been funding aggressive expansion for the last several months.  We have gone from 18,000 MH/s to nearly 30,000 MH/s.  That takes some serious money, hence the low payout.  Now that our build-out is nearly complete, more of the production is free for dividends.  This is why we plan on aggressively increasing the payout in the next 30-60 days. 

Make sense? 
legendary
Activity: 2618
Merit: 1007
Why these huge share prices and not issuing more shares to increase liquidity?! Also you pay out these 0.125 BTC/month which would equal ~6 MH/s PPS per share. You claim to have 23.5 GH/s for 200 shares though - that would mean ~117 MH/s per share(!). Where does the income for the ~110 MH/s per share go?

Also I'd love to buy some shares, but if possible from the company itself, not just someone looking for a quick profit.
legendary
Activity: 2044
Merit: 1000
Final numbers are in, and they did not change:

Production:  451.39
Expenses:    300.00 (should be last month of excessive expenses)
Free BTC:    151.39


GOOD NEWS!

We are now listed on GLBSE, and I we can transfer current shareholders to that platform if they desire.  Head on over and open an account, then get in touch with us with your username so we can transfer the assets. 

Ticker symbol is:  BTCMC

Glad to see you guys are still going strong with this. And now that you are on GLBSE I intend to purchase some shares in your company.

Cheers

Thanks buddy!  Good to hear. 
hero member
Activity: 504
Merit: 500
Final numbers are in, and they did not change:

Production:  451.39
Expenses:    300.00 (should be last month of excessive expenses)
Free BTC:    151.39


GOOD NEWS!

We are now listed on GLBSE, and I we can transfer current shareholders to that platform if they desire.  Head on over and open an account, then get in touch with us with your username so we can transfer the assets. 

Ticker symbol is:  BTCMC

Glad to see you guys are still going strong with this. And now that you are on GLBSE I intend to purchase some shares in your company.

Cheers
legendary
Activity: 2044
Merit: 1000
Final numbers are in, and they did not change:

Production:  451.39
Expenses:    300.00 (should be last month of excessive expenses)
Free BTC:    151.39


GOOD NEWS!

We are now listed on GLBSE, and I we can transfer current shareholders to that platform if they desire.  Head on over and open an account, then get in touch with us with your username so we can transfer the assets. 

Ticker symbol is:  BTCMC
legendary
Activity: 2044
Merit: 1000
April is in the bag, and once again it looks like we hit a new record for BTC production. 


Preliminary number:  451.39 BTC


Dividends were sent out this morning to shareholders of record.  Once we get expenses tallied, we will post the final numbers as well as an update on GLBSE listing. 

legendary
Activity: 2044
Merit: 1000
Will have final numbers for the month of March soon, but here is our preliminary production:

433.34 BTC produced. 

I know that you are very busy, but I would appreciate seeing the final numbers for March if you get a chance.

Hey there, No worries at all.....it helps to have a friendly reminder once in a while!

Here they are:

Production:  431.11 BTC
Expenses:    300.00 BTC (including amortized cost of hardware to make an even 300)
Free BTC:    131.11 BTC

We are pretty much topped out on capacity for now.  I might be able to make incremental improvements, but nothing like the growth of the last 5 months.  Also, with difficulty rising fairly consistently, we might see our first production decline ever in April.  I am holding out hope we can squeeze out a small increase though! 

full member
Activity: 216
Merit: 100
Will have final numbers for the month of March soon, but here is our preliminary production:

433.34 BTC produced. 

I know that you are very busy, but I would appreciate seeing the final numbers for March if you get a chance.
Pages:
Jump to: