Topic: SANDSTORM: - A Collective Investment Vehicle for BTC. - - page 12. (Read 35774 times)

You're right, we go from EST to ESD in the summer with daylight savings. Cheers.

You are correct.

Daylight time is here until the fall when we roll our clocks back.

I still am convinced it's actually EDT.

That's 1am on Friday (EST).
One note the open market buy/sells section will be disabled until the IPO happens.

So you're opening the door @ 2013-07-12 01:00:00. Can you let us know what timezone are the IPO timings are in?

Here's a handy link to know when this IPO goes live in your timezone:

http://www.timeanddate.com/worldclock/fixedtime.html?msg=Havelock+Sanstorm+IPO&iso=20130712T01&p1=179

(Correct me if I'm wrong ofc.)

As a side note, the newly issued shares will be available under the IPO section for Sandstorm, so make sure to put your order in that section to get in on the IPO (at the IPO price). 

At the same time, people who own shares already can start listing them in the normal trading section at whatever price they want.  Cheers.

Hey Bithub,

A few people have been asking to buy up the rest of the IPO.  I can now confirm that Sandstorm is going live on havelockinvestments.com tomorrow.

The remaining 19700 shares will be available for purchase tomorrow (friday) at 1am Havelock server time. I think that is 3pm tomorrow Melbourne time.

Waiting until it goes live on Havelock seems to be the only fair way to distribute the remainder of the IPO.

Shares are inherently more valuable now than when Sandstorm IPO started. This is due to the present value of assets held and the profits put into the carry over fund.

So if you would like 5000 more units of the IPO, put 5BTC into your havelock account ready to execute. 

put me down for another 5btc worth of shares.

5/7/2013


Weekly Report.

Every week in the bitcoin world is proving to be interesting so i’m going to stop saying that. The recent drop in BTC market price seems to have sent ripples of volatility and uncertainty throughout the economy.

It was decided that 3 ASICminer - PT shares should be sold for 4.999BTC pre-dividends. I couldn't see prices going far above that due psychological factors. This turned out to be good speculation. I will realise the profits from these 3 shares. PT shares were re-bought at a lower price of 4.34BTC.

I see the direct AM shares as a long term investment. Further profits from selling AM-PT shares may be realised over the next few weeks. However, most of this serious profit will go to the carryover fund. This is due to the uncertainty which is emerging.

The remainder of the LTC holdings were liquidated at .033.

This still leaves Sandstorm highly exposed to ASICminer. I’m currently searching for other solid trading opportunities in the BTC world.

The transition to Havelock appears to be pushed back until next week due to the DDOS attacks and the US holiday weekend. I’m still positive on this transition, but nothing is certain until it’s done. It would be great if current shareholders could create Havelock accounts and PM me the username/email. The IPO is still suspended.


Profits
6.317 BTC selling ASICminer-PT shares
.35 BTC selling LTC

.299 BTC ASICminer dividends
.007 BTC Cognitive dividends


Total =6.973BTC (1.973BTC to dividends+5BTC to carryover)

Dividends
1.973+1.018(last week)/80300 = .00003724782 per share

Last weeks assets


Assets
10 ASICminer direct shares (2.5)
6 ASICminer-PT shares (2.48)
3 ASICminer-PT shares(4.34)
20 Cognitive Shares (.28)
30.67 BTC

This is the status of sandstorm as it stood last Friday. Assets have changed since then with certain assets sold. This info will be in this Fridays report. Dividends from this week will be added to this Fridays.

Weekly Report.
It’s been an interesting week in the bitcoin world. More good news from friedcat about further hardware sales. I want to consolidate the AM-PT shares but it is hard to know when to sell at the moment with subsequent rises in the market price. I’m aware that a bubble may be forming but i still think markets are bullish overall on AM

There was tentative news from news from MtGox about LTC in july. It was decided to decided to buy 100(2.6BTC worth at .026). I would not usually diversify into alternative currencies but it seemed necessary to risk a small amount on news straight from Gox.

I’ve been looking for something diversify in. Cognitive looks like it could be a good short term investment for Sandstorm.

Profits
.61BTC trading ASICminer-PT shares
.1938069 BTC ASICminer dividends
.005BTC cognitive dividends
.21 LTC/BTC Trading

Total =1.018BTC (1.018BTC to dividends+0BTC to carryover)

Dividends
1.018/80300 = .00001267 per share (1.267% of market share value)

Last weeks assets


Assets
10 ASICminer direct shares (2.5)
7 ASICminer-PT shares (2.48 effective)
2 ASICminer-PT shares(3.1)
20 Cognitive Shares (.28)
50LTC (.026)
28BTC

Very sorry for the lack of communication. Something very tragic happened in my life last Thursday. Last Fridays dividends and report will be this Wednesday. I will send out an email/pm to shareholders and parties of interest with an explanation for this delay and information on sandstorms transition tomorrow.

Things are looking very positive at this stage as a small speculative investment made last week looks to pay off. Also with our long position on AM...

Again, sorry for any concern created due to my lack of communication over the last 4-5 days but everything is moving forward as normal.

He says in the thread above that he might be unreachable this week - it's not like he disappeared. I'm not concerned.

weak boilerplate how many BTCitcoins have you racked sirius dog u holding as the bottom drops\/out..+thanks

I like it. When will it be open for public again? Once you reach 100BTC capital?

I am currently not selling shares in my fund. I want to build up my reputation first and I'd like to be able to show the public (potential investors) how I have performed, without risking other people's money.

You can follow my fund thread at https://bitcointalksearch.org/topic/btc-eqty-a-new-bitcoin-investment-fund-212761

so what secures your securities&why where and when can we buy shares ,,,all 79 of them to flip..thanks

jmutch didn't log in since 5 days... pretty strange
the weekly reports are normally on friday. (2 days ago)

anyway I'm lucky that i didn't invest here..

looking forward to this weeks divs and weekly report, should be an interesting one.

Ha - that's clearly not written the way that he intended it. Funny though!