I am currently a shareholder.
Three things are currently preventing me from making any further investment ...
(1) The lack of any Finance Sheet for the SIN stock - see and for two excellent examples for UBX and CM400 respectively.
(2) The lack of any dividend payout or dividend schedule. There was previous discussion of monthly and then daily dividend payouts. What's the latest on this ?
(3) The lack of any SLA as highlighted by padrino.
Take this as intended - constructive criticism. I have already invested - I am happy with the achievements of our company and the risks I can ascertain thus far.
What I hope, is that with these three issues resolved, we can increase the confidence of potential investors and for potential further investment by existing shareholders.
This will get the remaining IPO shares sold and hopefully put some upward pressure on the share price, as the actual and perceived value of our company grows.
Is there any sort of SLA for your investors? Asking because poor weather, moody ISP (personal line I assume with no SLA), etc. means there are many variables that may cause you significant downtime.
1. I am considering this.
2. Payout is currently bugged, I tried last night as stated by Nefario and it threw an error. He is currently working on a solution and has taken down the market until the problem has been rectified. I am strongly considering weekly payouts at this time in order to allow for weekly growth.
3. I am unsure how this would be implemented or enforced.
Once again, I am going to be paying out dividends on the BTC generated as soon as the problems at GLBSE are fixed. I have decided that the first payout will be 100% of profits. I have already sold my portion of the dividends (when BTC was still above $28) and reinvested it in the company. This has allowed us to purchase two more rigs, which are currently being shipped. Unfortunately, one of the motherboards has kicked the proverbial bucket, and so we are currently operating with 6 rigs. A replacement and RMA will be ordered tomorrow so we can get back to full capacity. Sometime this week we will be attempting to migrate from BTCmine to a no fee pool.
A reminder: when attempting to buy shares on GLBSE through the command line interface, 1 BTC = 100000000.