Suggestion:
Forget about the possible extra return of holding any excess BTC in BTC ventures on GLBSE or anywhere else, but keep it in a cold-wallet until the time has come to put the money to work in a racing syndicate. The possible extra return on the excess BTC is too small compared to the possible risk (as you have experienced in the past month).
Topic: [RELISTED ON BTCT.CO] Bitcoin Racing Syndicate. [CLAIM PROCESS UNDERWAY] - page 2. (Read 13969 times)
October 02, 2012, 05:59:21 AM
September 26, 2012, 04:11:32 AM
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Hello all,
Over the last period we earned enough from investments to get us back into a positive position of BTC operating funds over BTC raised from share sales, to the tune of 2.88012702 BTC. We had some vet bills this time around which is why results are a bit lower than we might have wished.
Half of that was paid as dividends today, so 1.44006351 BTC, or 0.00009928 BTC to 14505 shares.
The remainder will be added to our growth fund, which we are basically holding on to at this point, while we see what happens with the current market situation.
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Hash: SHA1
Hello all,
Over the last period we earned enough from investments to get us back into a positive position of BTC operating funds over BTC raised from share sales, to the tune of 2.88012702 BTC. We had some vet bills this time around which is why results are a bit lower than we might have wished.
Half of that was paid as dividends today, so 1.44006351 BTC, or 0.00009928 BTC to 14505 shares.
The remainder will be added to our growth fund, which we are basically holding on to at this point, while we see what happens with the current market situation.
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September 25, 2012, 05:54:15 AM
Anyone considering investing should read http://www.humanesociety.org/issues/greyhound_racing/facts/greyhound_racing_facts.html , http://www.guardian.co.uk/world/2006/jan/01/spain.animalwelfare and please do yourself a favor and google more.
I am not stating that the op is in any way abusing he's dogs, but I'll go asfar as stating that it is less than likeley that all of the dogs he's dogs race agains do or will live happy and long lives.
I own and race greyhounds, but there is no money involved, it's just a hobby. Whenever money gets involved the wrong sort of peole follow, which leads to dogs being abused and discarded.
Heres one of our Italian greyhounds, 9 years old the picture is 2 years old when he won a veteran championship.
I am not stating that the op is in any way abusing he's dogs, but I'll go asfar as stating that it is less than likeley that all of the dogs he's dogs race agains do or will live happy and long lives.
I own and race greyhounds, but there is no money involved, it's just a hobby. Whenever money gets involved the wrong sort of peole follow, which leads to dogs being abused and discarded.
Heres one of our Italian greyhounds, 9 years old the picture is 2 years old when he won a veteran championship.
September 24, 2012, 07:45:31 AM
At least here in Victoria they have the greyhound adoption agency of which greysynd is a member.
That's good to know, but more than likely they are unable to find homes for all the greyhounds.
September 24, 2012, 07:13:33 AM
As someone who has adopted at least 2 former racing greyhounds I feel it is my duty to inform people who may not know better. Greyhounds are often bred exclusively for the purpose of racing. When they no longer are fast enough to be competitive they are simply killed. Thousands of greyhounds every year see this fate.
For this reason I would never put any money into greyhound racing. If you're looking for a pet, greyhounds are wonderful. They have quick bursts of energy, but are usually pretty lazy, quiet, and gentle.
For this reason I would never put any money into greyhound racing. If you're looking for a pet, greyhounds are wonderful. They have quick bursts of energy, but are usually pretty lazy, quiet, and gentle.
September 12, 2012, 05:42:45 AM
Good Day Investors,
Another 2 weeks have passed and it's time for some reporting.
As a result of the passage of the motion to suspend dividends until our capital situation recovered from losses due to some unforseen liquidations required by our asset allocation strategy, there are no dividends to be paid this period. However, I'm happy to report that we are very nearly back at our starting capital, and anticipate that we should be back to paying dividends next period.
We have sold 13,905 shares to date for a total capital of 695.25 BTC. We currently have 694.09183720 BTC of assets, leaving us with a shortfall from our starting capital of a mere 1.1581628 BTC. Our income during the last period was 7.06217 BTC, meaning we should have no problem getting back where we would like to be.
Our current balance sheet can be seen below. At this point we are amassing BTC to be put towards our fiat investment pool to get us moving back toward or 50/50 asset allocation goal.
In other news we have Royal Stealth racing on this upcoming Sunday, September 16th in the 5th race at Healesville.
Lastly, you can also follow race results here including videos of all of the races to date.
Another 2 weeks have passed and it's time for some reporting.
As a result of the passage of the motion to suspend dividends until our capital situation recovered from losses due to some unforseen liquidations required by our asset allocation strategy, there are no dividends to be paid this period. However, I'm happy to report that we are very nearly back at our starting capital, and anticipate that we should be back to paying dividends next period.
We have sold 13,905 shares to date for a total capital of 695.25 BTC. We currently have 694.09183720 BTC of assets, leaving us with a shortfall from our starting capital of a mere 1.1581628 BTC. Our income during the last period was 7.06217 BTC, meaning we should have no problem getting back where we would like to be.
Our current balance sheet can be seen below. At this point we are amassing BTC to be put towards our fiat investment pool to get us moving back toward or 50/50 asset allocation goal.
In other news we have Royal Stealth racing on this upcoming Sunday, September 16th in the 5th race at Healesville.
Lastly, you can also follow race results here including videos of all of the races to date.
August 29, 2012, 09:29:43 AM
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Our 3rd biweekly dividend, consisting of 0.00023938 BTC per share, has been paid to 11304 outstanding shares.
I will have a more thorough report sometime tomorrow or the next day.
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Our 3rd biweekly dividend, consisting of 0.00023938 BTC per share, has been paid to 11304 outstanding shares.
I will have a more thorough report sometime tomorrow or the next day.
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August 19, 2012, 06:13:37 AM
Here is our biweekly report as of August 13th at the time of our last dividend payment. Sorry for the delay, I've been traveling for a few days.
I decided it's probably simplest to just show our Balance Sheet. If you have any questions please let me know.
I decided it's probably simplest to just show our Balance Sheet. If you have any questions please let me know.
August 13, 2012, 09:57:01 AM
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Our 2nd biweekly dividend, consisting of 0.00016562 BTC per share, has been paid to 10867 outstanding shares.
We're paying this a bit early this week as I'm getting on a plane in a few hours and won't be able to do it on the regular day. I will be back on Friday, and will provide a more comprehensive report then.
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August 10, 2012, 09:33:42 PM
No more talk of turning our dogs into glue please! 
August 07, 2012, 07:43:17 PM
I seen a couple dog races in FL while ago its pretty cool stuff. I like the idea, ill buy up a couple shares when I get a chance.
August 07, 2012, 06:57:01 PM
http://gap.grv.org.au/ is the one in my state. I dont know of a similar thing for horse racing.
When trying to analyze the absolute downside it would be helpful to know whether there is a minimum liquidation value, like for glue, etc. instead of a complete write off for adoption.
August 03, 2012, 10:52:54 PM
Great work fellas! 
It's interesting you brought up the retired dog adoption program. My main reservation with investing in the doggies is their welfare. Good to hear they have a program like this in place.
Can't wait til we're up and racing!
It's interesting you brought up the retired dog adoption program. My main reservation with investing in the doggies is their welfare. Good to hear they have a program like this in place.
Can't wait til we're up and racing!
August 03, 2012, 12:58:59 AM
Biweekly Report Jul 18th - Aug 1st, 2012
I still haven't found a way to present this information as I want with a signed document. The formatting never holds is the trouble.
I'm also not sure if this is the way I will continue to report this information in the future. If there is anything else you would like to see provided please let me know and I will attempt to incorporate it.
August 01, 2012, 04:03:18 AM
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Our first biweekly dividend, consisting of 0.0001619 BTC per share, has been paid to 5100 outstanding shares.
I will have a more comprehensive report posted later, but I'm having some trouble getting it into a form with a verifiable signature that will work as a forum post. My apologies for the delay, and I hope to have it worked out later today.
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Our first biweekly dividend, consisting of 0.0001619 BTC per share, has been paid to 5100 outstanding shares.
I will have a more comprehensive report posted later, but I'm having some trouble getting it into a form with a verifiable signature that will work as a forum post. My apologies for the delay, and I hope to have it worked out later today.
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July 31, 2012, 10:46:03 AM
I hope one day we can own naming rights to a dog and call it "Nakamoto" or something 
That would be pretty awesome.
July 18, 2012, 11:01:37 PM
In for amusing anecdotes about the time I raced greyhounds.
That's the spirit! It's like you read my mind
July 18, 2012, 10:09:13 PM
In for amusing anecdotes about the time I raced greyhounds.
July 18, 2012, 09:59:03 AM
I dont know whats happened with the IPO as the asset is still sitting on the IPO page and hasnt been released yet. Im trying to get in touch with Nefario to find out whats happening. Sorry for the unexpected delay.
Unfortunately these shares weren't released before bitcoin.me/noagendamarket had to retire for the evening, so this will hopefully be taking place sometime tomorrow.
July 15, 2012, 05:54:58 AM
I have to say that the idea is very appealing.
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