Topic: SkepsiDyne Integrated Node - The Bitcoin Mining Company - page 19. (Read 104288 times)

It's dividend day today

As an owner of SIN stock I'd really like Tawsix to answer why there still is this heavy decrease from our previous hashing power.

It's quite unfortunate and really bothers me that you are so silent on this matter (not to say almost disappeared), Tawsix

As an owner of SIN stock I'd really like Tawsix to answer why there still is this heavy decrease from our previous hashing power.

It's quite unfortunate and really bothers me that you are so silent on this matter (not to say almost disappeared), Tawsix

Sorry again for the late payment, I will be doing payments on Wednesday for the foreseeable future, it works much better into my schedule.

I will be pasting the GLBSE response for the pay command as well from now on, it's rather informative:

{'amount': 1639000000, 'assets_paid': 2304, 'payment_per_share': 711371}

A total of 48.17 BTC was generated.  15.39 BTC was used to pay for electricity.  16.39 BTC was reinvested in to the company, and an equal amount was paid out to shareholders.  Expense update is as follows:

Electricity: $158.73

I apologize for the state of the company, I'm having difficulties with some RMA's, which is why the output is currently low.  Due to constraints on capacity as well as my ability to dedicate a large portion of time to expand capacity, we will not be expanding further until September at the earliest.  I am not sure how much larger we will be able to get without taking a leap from small-time to big-time, and at this moment I do not have the schedule to allow for making that leap.  If there is still a lot of interest in the company when my schedule clears up, we will discuss further expansion.  Because I am unsure if or when we'll make that next step, I've taken down the IPO, any money raised from investment will essentially sit in my GLBSE account and only serve to dilute the amount of BTC paid as dividends without increasing output.

I've updated the company page so we won't get delisted.

Does the operator of SIN still read this thread?

The reason this is being made a requirement, people found it very hard to learn anything about the companies being listed. I'd contacted the company managers after setting up the listing page, giving them the admin login (doesn't even need a password).

Only 2 filled in the information. So I have made it a requirement that all listed companies need to have up to date information.

The absolute minimum is name, ticker, a private email (so that I can contact the company) and a short description, the others are voluntary.

___
Public information about companies traded on GLBSE, when researching a company look for:

    Constant communication.
    Financial reports.
    The business managers identity.
___

Are you sure an email and a short description is all that is needed?

Nefario, aren't you changing the rules while we're playing ?

To be fair, all he has to do is enter an email address and a short description about the company, it'll take about 5 minutes to create a gmail account or somesuch so not exactly a hardship.

If the company owner can't find time to do this tiny task, should they really be running a company?

Nefario, aren't you changing the rules while we're playing ?

..., given Tawsix is getting 50% of the profits, ....

Delisted means everything will be frozen, if the issue is fixed after the fact the company will be relisted. If it's not fixed after that then I'm not sure whats next.

Delisted means everything will be frozen, if the issue is fixed after the fact the company will be relisted. If it's not fixed after that then I'm not sure whats next.

That sounds bad. Do any funds get returned to Shareholders in that scenario??

SIN is in danger of being delisted.

I have emailed tawsix at the begining of the week, and just sent him a PM.

https://bitcointalksearch.org/topic/glbse-companies-being-delisted-take-action-now-37414

14 hours remain for the SINs details to be updated before being delisted.

Nefario.