Am I to understand that equipment will not be purchased until all 50K public shares are sold? I just want to make sure I understand this clearly.
If this is true, you may have to re-think your strategy. I can not afford to have BTC invested in an asset that is not producing current dividends. I'm sure many other investors think the same way.
If this is true, you may have to re-think your strategy. I can not afford to have BTC invested in an asset that is not producing current dividends. I'm sure many other investors think the same way.
Yes.
I simply believe this to be the best plan of action.
This is an investment, and while I understand that in the current marketplace other options providing immediate reward exist, they do so at some costs:
High Risk. No Equity. Low Growth.
To take dividends now, or to wait, would depend on your personal finances and goals.
I do believe you will see large capital appreciation even in the absence of dividends, as we are selling for .15 per right now, an asset that will be 20mhash/s post asic.
A quick comparison of GIGAMINING (currently the most active mining asset on the glbse) shows them trading @ .83 for 5mhash now with an option to pay .25 for an upgrade to 20mhash/s post asic.
you can buy BAKEWELL right now for .15 and have 20mhash/sec post asic.
You would need to hold GIGAMINING and save the dividends they paid for 65 weeks+ to equal the expected gains on BAKEWELL based on current market prices.
If you, "can not afford to have BTC invested in an asset that is not producing current dividends" I would suggest taking a look at the overall picture.
I am also providing liquidity for those who absolutely need out, via a bidwall @ .125 , so ipo investors, while recieving a small penalty for pulling out, are not "locked in"
https://glbse.com/asset/view/BAKEWELL