Topic: [QUINTO] IPO on cryptostocks - page 3. (Read 8072 times)

Quinto BTC (ticker symbol [QUINTO]) initial IPO offering only on Cryptostocks.com exchange.

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We announced a stock split last week that is now complete, and current shareholders can view their new share amount.

(Update March 10, 2014 : 19:00 PDT)

Quinto BTC is offering shares in 50,000 share blocks, once a block is completely sold, the price per unit will increase by 0.000005, and the next 50,000 share block will be offered until a total of 1,250,000 shares are sold.

No more bonuses or minimum purchases

I hope this answers your question, and we do apologize to all for the confusion.

Thy you are correct, we do reuse announcements.  It easier then creating a new one each time.

It's hard to say maby it's because of one of there promotion offers that the price is lower now, they make so many announcements on cryptostocks and reuses previous announcements that they change the text in so it can be hard to follow, maby they themself overwrite the announcement where they announced the new price ?

Quintobtc said their price  is set at .0005 yet when I just placed an order I  only had paid .00015 per share.

Did they lower the price or is there an error on cryptostocks. I am wondering if I purchase more shares if I will pay the same or will my order be reversed.

Quinto BTC (ticker symbol [QUINTO]) initial IPO offering only on Cryptostocks.com exchange.

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Why use Bitcoin?

By most accounts, gambling represents between 50 and 60 percent of all Bitcoin transactions.

Bitcoin is a wise choice for Quinto BTC.  Transaction costs are low, there is no fee to receive coins, and there is a meager 0.00015 withdrawal fee (used to cover miner costs and player abuse risk).  Subsequently, Quinto BTC transaction expenses are minimal.  Also, transactions are non-reversible, which eliminates the risk of unauthorized charge-back fraud.  

Why Quinto BTC vs Other Lotteries?

Quinto BTC lottery takes a smaller cut than other lotteries. Most lotteries have a less than 60% overall payback, whereas Quinto BTC's overall payback is more than 80%. This makes Quinto BTC the smart choice for lottery players.

Lottery winners like to receive their payouts right away, and Quinto BTC credits the player account instantly upon verification of a drawing. There are no bank wires or deposits to delay a withdrawal, because Bitcoin is its own payment processor.
As with all gambling, players have to trust or hope that the operators won’t steal the money they put in, which can be particularly risky with anonymously-run sites. Quinto BTC's parent company has been on-line since 2000, has gained player trust, and has never been anonymous.

Additionally, Quinto BTC contributes to three types of charitable organizations. Five percent (5%) from every purchase is set aside for this goal. Quinto BTC players not only participate in a lottery, they are also providing aid in communities across the globe.

Why invest with QUINTO?

Quinto BTC aspires to be the #1 Bitcoin Lottery, and Quinto BTC will prove itself as an excellent prospect for investors.

For this IPO offering, Quinto BTC is proposing an aggressive dividend structure based on gross income (0.000075 btc per wager) for the first 2 years, or five times investment return. Dividends will be paid the day after Quinto drawing when income from that drawing is verified and posted.

• Dividends will be 100% of income, until original investment is returned.
• Dividends drops to 80% of income, until such a time that initial IPO shareholders have doubled their original investment.
• Dividends drops to 50% of income, until such a time that initial IPO shareholders have five times their original investment.

After all goals have been met, dividends will be issued based on the percentage of shareholders (at the time of this post we project 500,000 shares issued or 10%) of net income.

Quinto BTC's 2-year projection is to achieve a 2.50% growth rate per drawing for the first year, followed by a steady 4.00% growth rate in the following year.

Due to the fact that Bitcoin has a limited number of consumers, we anticipate sales of 0.004% based on Quinto BTC odds, beginning August 2014.

With all these numbers in mind, approximately 71% of IPO would be paid back in the first year, with a projected attainment of 200% within 18 months. For further reflection, please feel free to download our PDF spreadsheet.

Spreadsheet PDF

Purchase QUINTO

Quinto BTC (ticker symbol [QUINTO]) initial IPO offering only on Cryptostocks.com exchange.

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So why is Quinto BTC Lottery (hereafter Quinto) a better investment?

Mining stocks at Cryptostocks has the appearance of being quite lucrative. Although this past week, they seem to be the investment of "where are they now"?
 
But let's say a mining company actually stays around, as more and more Bitcoin are born into the world, more and more processing power is required. Bitcoin mining is designed to always need more computing power thrown at it, and custom Bitcoin mining machines have become increasingly expensive to purchase, and also very important, increasingly expensive to operate as they eat raw electrical power at a phenomenal rate.
 
Increasing income almost seems like an oxymoron for mining, since the Bitcoin system is set up to limit the total number of Bitcoin. So that means the block-chain (customer pool) is ever decreasing, and will eventually disappear completely.
 
So who actually benefits from this increasing expense and Bitcoin limitation? NOT the investor. In any company, the focus is to keep expenses to a minimum, in order to increase your net income. Bitcoin mining seems to have the opposite concept.
 
The operational cost of Quinto stays constant.  If there is a need for new equipment, it would be because our growth demands it.  A growth that would be reflected by both increased income and minimal expenses.

Quinto's initial outlay is just as costly as mining, but that is where the similarities end. Bitcoin mining is a speculative venture, whereas Quinto is a new online lottery venture, whose parent company has been established and profitable in the online gaming industry since 2000.  This is why we believe Quinto is a more sound investment.

Cheers.

She's doing PR for Mpex. Mpex is an stockexchange where one can trade 4 stocks at the moment i think, and to be granted that privilege one have to pay 30 btc i think it was last time i checked.

Sorry to post such an offtopic answer, but MPOE-ER, who are you?
I keep reading your posts on almost every important thread in BTT, and i see you roaming and policing(mildly ) other minor threads.
Some of your comments are so bright and funny at the same time, you make me think you are some kind of eddie izzard.

Thanks mate. You provided this noob here with lots of very useful intel and that was by your questions only..
I would love to listen an analysis from you on almost anything.

This is why you get a WoT account.

As for the rest of your vague claims: they're vague, and they're claims (coming from someone with no reputation, mind you). Even leaving aside for a moment the issue of whether a lottery is a thing to invest in, what you've presented so far is simply an amalgamation of your personal goals (which are fine and dandy, but which don't belong in an IPO presentation) and your confidence in a plan which has not actually been put together (which is meaningless for anyone but you). All of this, thrown up on a scammy exchange, and with the nonsensical posture that people kindly pointing out your mistakes are "negative" and "bantering".

See here.

I have had a bitcointalk account for sometime.  I just created the QuintoBTC account not to mix my personal and business.

As for garyswife, she was talking to me when the first negative post came in, and she asked how to sign up.  What she says is her own opinion, and not influenced by QuintoBTC.

This should all be easily and openly provided information for a company looking to raise over 1000 BTC, but it hasn't been provided to any prospective investors.

Plus, both your account and the company account are brand new accounts - any reason that neither has had any presence here on the forums at all, ever?

Quinto BTC (ticker symbol QUINTO) maybe new to this forum, but certainly not a scam.  Quinto BTC aspires to be the #1 Bitcoin Lottery, and to do so requires investment.  We are seeking long term investors that understand a true business model.

Our group has a customer base of over 50K, however project only 1-2% may become bitcoin customers.  This is the hurdle that we need to overcome.

Aggressive advertising, and player acquisition do not come cheap, and with negative information regarding bitcoin lately, it makes the task even harder.

Quinto BTC is more then willing to field any question by email or phone, regarding this offering.
Our email and phone number are public in our posting.

Hopefully this bantering and negativity will inspire more investors to look at our offering.

Thank you,
Quinto BTC

Then STFU

It is said an opinion given with lack of knowledge is ignorance

Jesus. Don't buy this scam.

Lurk moar.

It never ceases to amazing me how dumb and vicious people can be.

Tell me have any of you nay sayers bothered to email the company or pick up the phone and ASKED for the company financials, spread sheets, backers, partner information? The answer would be no. Why? You are to damn lazy. You would rather troll and bashed based on your obvious lack of knowledge and inability to understand how stocks, whether bitcoin or real money, work.

You do research, you make phone calls, you collect the financial data, YOU MAKE AN INFORMED DECISION.

You dont bash and promote your company or one you have shares in, that is called ignorance, and from your posts I can see this MUST be the case, as none of you have mentioned one time that you in fact made that call or requested that information. Do your due diligence and THEN offer an opinion that is informed and rational, not like a 5 year old as you are doing now.

It isn't working as well as they have in the past, seems investors are wising up, less than 1,000 shares bought out of over 4 million during the first 10 days.

I invested, full well knowing that it was a crapshoot. So far, I'm getting dividends so it's all good. Just saying, at least ABI tried to show his profit margins. Not like I spent THAT much. 1k BTC is a little excessive, tho. Don't you think?