Topic: [PicoStocks] CoinTerra [coint] - page 2. (Read 5980 times)
soooo... with the business plan being outdated and removed, what is the current business plan? What is it that people are buying here? Profits from Cointerra sales? Future Cointerra hashrate?
here's picostock's proof of ownership of shares. https://picostocks.com/files/31/cointerra.pdf
Reminder to buyers that you're buying shares of dividends, not shares in the company.
https://picostocks.com/pages/faq
Quote
Please be reminded that the shares may not be publicly resold.
Reminder to buyers that you're buying shares of dividends, not shares in the company.
https://picostocks.com/pages/faq
Quote
Do I own assets I buy on PicoStocks?
No. In general, PicoStocks remains the legal owner of the assets. You can sell the asset to other PicoStocks traders to disinvest. However if You own a large fraction of the shares of the asset traded on PicoStocks You can contact the IPO office to discuss the option to delist the shares. PicoStocks can sell shares to other parties as part of it's business model. A 2% fee will apply in this case.
No. In general, PicoStocks remains the legal owner of the assets. You can sell the asset to other PicoStocks traders to disinvest. However if You own a large fraction of the shares of the asset traded on PicoStocks You can contact the IPO office to discuss the option to delist the shares. PicoStocks can sell shares to other parties as part of it's business model. A 2% fee will apply in this case.
Aaaaaaaaaaaaand is live....
cointerra seems a lot more appetizing at 7 million valuation than at 20 million. although 20 million could still be a potentially good deal. who knows anymore
Amazing company?
No point in providing "sufficient information" if people are willing to bid anyway - that's just extra work.
Bejesus. This deserves preservation for the inevitable Museum of BTC Idiocy.
I wont invest here due to the small "clarification" needed. TT so many fishy ponzyinvestments lately ....
No point in providing "sufficient information" if people are willing to bid anyway - that's just extra work. They seemed to have managed to collect a fair amount of Bitcoin.
Good luck to PicoStocks and all of it's invester!
Good luck to PicoStocks and all of it's invester!
:-) I am sure, if You look around, You will find even more contradictory statements. You have to use Your judgement.
For any statement regarding CoinTerra, CoinTerra is the most reliable source. You can always contact them for any additional info, but You know that there are limits what a company can and wants to disclose.
For any statement regarding CoinTerra, CoinTerra is the most reliable source. You can always contact them for any additional info, but You know that there are limits what a company can and wants to disclose.
You're the one trying to run an IPO - it's YOUR responsibility to provide sufficient information to potential investors for them to conduct due diligence and make assessments of the likely profitability or otherwise of investment.
If a company won't disclose sufficient information then they shouldn't sell shares to the public - which may well be why they aren't, in which case it's as clear evidence as you could get that a pass-through is a bad idea. That's due to the end result being some market participants having less information than others which isn't conducive to a well-formed and fair market.
This is a classic example of what's badly wrong in the BTC 'securities' market : all you're doing is selling on something (that you don't even own) at a markup without even the decency to provide proper information about what is being sold. At least all the scammers reselling mining hardware at a massive markup (when it wouldn't even be profitable WITHOUT the markup) properly describe what it is they're selling.
Can you get a CT team member here to confirm this listing?
Push.
This stuff is live and trading. If it's scam, it needs to get delisted ASAP and if it's none, now is a good time to end the rumors.
Can you get a CT team member here to confirm this listing?
IPO* page: https://picostocks.com/stocks/view/31
*Where IPO means I'm Pretty cOnfused.
Please do the calculation again :-) shares are at 1.2176 USD per share
We can buy 800k sharesout of in addition to 16M.
=> can be even a negative margin if BTC drops.
So you do not have the shares right now? I don't understand.We can buy 800k shares
=> can be even a negative margin if BTC drops.
Please state some clear numbers.
There are only few numbers that You need.
Total outstanding shares before Round B: > 16M.
Price per share: 0.01 BTC minimum.
The BP is at least 2 months old. I am sure this is a mistake in the BP :-)
Also , you could view this as achieving 33% by people who buy CoinTerra hardware.
What the fuck.Also , you could view this as achieving 33% by people who buy CoinTerra hardware.
And people are supposed to invest with that kind of info that you already state as outdated and basically "could be wrong"?
:-) I am sure, if You look around, You will find even more contradictory statements. You have to use Your judgement.
For any statement regarding CoinTerra, CoinTerra is the most reliable source. You can always contact them for any additional info, but You know that there are limits what a company can and wants to disclose.
Are you driving a Dodge?
What about https://bitcointalk.org/index.php?topic=306930.0?
Why is there no mention of it on CoinTerra.com?
Only Explanation is that this one is a TerraPhish Why is there no mention of it on CoinTerra.com?
What is this - some kind of pass-through? Are you paying dividends?
I thought Cointerra was privately funded, so where are these shares coming from?
Please give some more details or risk to be branded as scam (which seems to be already happening).
I thought Cointerra was privately funded, so where are these shares coming from?
Please give some more details or risk to be branded as scam (which seems to be already happening).
PicoStocks has decided to expand its shares portfolio and purchase shares from CoinTerra Inc. Users interested in evaluation and revenue sharing are invited to place bids on the PicoStocks platform until 2013-10-07 24:00 CET (today midnight, Central European Time).
About CoinTerra (http://cointerra.com/)
CoinTerra is at the stage of tape out of a 28nm chip for BTC mining (Global Foundries, 28nm HPP node, FCBGA Package, 1.4GHz clock frequency yielding a minimum of 500 GH/s per chip, operated at 0.765V). The first products based on this chip will be shipped in December. Current value of the company is estimated at 20M USD (pre-money valuation). The company has 16 425 293 outstanding shares. The company offers shares at 1.2176 USD per share, which was translated to 0.01 BTC.
IPO* page: https://picostocks.com/stocks/view/31
About CoinTerra (http://cointerra.com/)
CoinTerra is at the stage of tape out of a 28nm chip for BTC mining (Global Foundries, 28nm HPP node, FCBGA Package, 1.4GHz clock frequency yielding a minimum of 500 GH/s per chip, operated at 0.765V). The first products based on this chip will be shipped in December. Current value of the company is estimated at 20M USD (pre-money valuation). The company has 16 425 293 outstanding shares. The company offers shares at 1.2176 USD per share, which was translated to 0.01 BTC.
IPO* page: https://picostocks.com/stocks/view/31
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