Is there any way Cognitive could set up a Dividend Reinvestment Plan (DRIP), where share are not held on any exchange and any dividends that would go to the shareholder instead go to purchasing new shares?
Somewhat related (getting DRIP on btct.co): https://bitcointalksearch.org/topic/m.1357564 
Topic: Starting a new FPGA mining farm/contract! Cognitive Resurrected on[Havelock] - page 130. (Read 300616 times)
December 08, 2012, 04:51:31 PM
December 08, 2012, 04:29:01 PM
Is there any way Cognitive could set up a Dividend Reinvestment Plan (DRIP), where share are not held on any exchange and any dividends that would go to the shareholder instead go to purchasing new shares?
December 08, 2012, 04:14:17 PM
Just did the math... the next dividend (December 15th) will total over BTC190, which is over 0.0182341650671785 per share!
IMO, it's a great time to pick up some Cognitive
IMO, it's a great time to pick up some Cognitive
December 08, 2012, 03:47:21 AM
The 185 will be distributed to all shareholders or only on BTC-TC?
It will be distributed to all shareholders via BTC-TC. The shares not yet accounted for are in a holding account on site, and will accumulate dividends until the shares are claimed, then the wealth will be distributed accordingly.
Sounds like an accounting pain in the ass. Good luck.
It's really not that bad, and it's much better than not using an exchange at all. But thanks
December 08, 2012, 03:42:04 AM
The 185 will be distributed to all shareholders or only on BTC-TC?
It will be distributed to all shareholders via BTC-TC. The shares not yet accounted for are in a holding account on site, and will accumulate dividends until the shares are claimed, then the wealth will be distributed accordingly.
Sounds like an accounting pain in the ass. Good luck.
December 08, 2012, 03:39:57 AM
The 185 will be distributed to all shareholders or only on BTC-TC?
It will be distributed to all shareholders via BTC-TC. The shares not yet accounted for are in a holding account on site, and will accumulate dividends until the shares are claimed, then the wealth will be distributed accordingly.
December 08, 2012, 03:26:25 AM
Dividends will go out tomorrow! It will be around BTC185
The 185 will be distributed to all shareholders or only on BTC-TC?
December 08, 2012, 03:16:16 AM
If there aren't any objections, I will wait the extra week. Keep in mind most shareholders probably haven't seen that we've moved to a new exchange yet, so I think this is the fairest option.
Yes, I think it would be best to wait the extra week for everyone to get things in order.
Heading to BTC-TC right now for the first time.
December 08, 2012, 12:32:23 AM
Hey everyone,
I've realized that it may not be fair to everyone involved to pay out the dividend on such short notice. The coins are in the BTC-TC account and ready to go, but I think it would be in the best interest of the company to advertise the mega-dividend, and pay it the next Saturday, December 15th. This would allow time for people to create BTC-TC accounts and buy the Cognitive shares that will go toward Avalon ASICS, and will probably create some bid-side liquidity.
If there aren't any objections, I will wait the extra week. Keep in mind most shareholders probably haven't seen that we've moved to a new exchange yet, so I think this is the fairest option.
I've realized that it may not be fair to everyone involved to pay out the dividend on such short notice. The coins are in the BTC-TC account and ready to go, but I think it would be in the best interest of the company to advertise the mega-dividend, and pay it the next Saturday, December 15th. This would allow time for people to create BTC-TC accounts and buy the Cognitive shares that will go toward Avalon ASICS, and will probably create some bid-side liquidity.
If there aren't any objections, I will wait the extra week. Keep in mind most shareholders probably haven't seen that we've moved to a new exchange yet, so I think this is the fairest option.
December 07, 2012, 05:40:04 PM
I have not yet received an email. How should I proceed?
https://bitcointalksearch.org/topic/m.1385105Quote
Be sure to check your spam folder! If you didn't receive an email and you are a shareholder, please contact me at [email protected] and include your email and bitcoin address you gave to the GLBSE claims form, and the number of shares you own.
Yes, thank you Newar.
December 07, 2012, 05:31:39 PM
I have not yet received an email. How should I proceed?
https://bitcointalksearch.org/topic/m.1385105Quote
Be sure to check your spam folder! If you didn't receive an email and you are a shareholder, please contact me at [email protected] and include your email and bitcoin address you gave to the GLBSE claims form, and the number of shares you own.
December 07, 2012, 05:28:49 PM
I have not yet received an email. How should I proceed?
December 07, 2012, 05:24:42 PM
Edit: See https://bitcointalksearch.org/topic/m.1385987
December 07, 2012, 05:10:37 PM
Great news, thank you. When can we expect dividends?
December 07, 2012, 04:43:25 PM
Validation URL: https://btct.co/register?eauth=xXxXxXx
Please visit the Validation URL ASAP to verify your email address and claim your account.
Please visit the Validation URL ASAP to verify your email address and claim your account.
never even crossed my mind and i've done it twice.. for the ltc temp account and for my real account heh
thanks! that did it
December 07, 2012, 04:39:04 PM
glad to see this is moving forward nicely
"Internal Asset Transfer" is not available " Trading is currently frozen on this security." any idea when this will change? already made an account for LTC-Mining and would like to combine / move off the premade account
"Internal Asset Transfer" is not available " Trading is currently frozen on this security." any idea when this will change? already made an account for LTC-Mining and would like to combine / move off the premade account
Hmm, that's odd. I logged in and transferred my COGNITIVE from my script created account to my personal account no problem. According to the logs someone else did the same ~6 minutes ago.
Ahhh... just hit me... have you validated your email account yet on the script-created account? Non-email validated accounts are automatically trade locked.
Cheers.
Edit: it's in this part of the email:
Quote
Validation URL: https://btct.co/register?eauth=xXxXxXx
Please visit the Validation URL ASAP to verify your email address and claim your account.
Please visit the Validation URL ASAP to verify your email address and claim your account.
December 07, 2012, 04:34:48 PM
glad to see this is moving forward nicely
"Internal Asset Transfer" is not available " Trading is currently frozen on this security." any idea when this will change? already made an account for LTC-Mining and would like to combine / move off the premade account
All worked fine for me just now."Internal Asset Transfer" is not available " Trading is currently frozen on this security." any idea when this will change? already made an account for LTC-Mining and would like to combine / move off the premade account
What are the plans for dividends?
December 07, 2012, 04:25:49 PM
glad to see this is moving forward nicely
"Internal Asset Transfer" is not available " Trading is currently frozen on this security." any idea when this will change? already made an account for LTC-Mining and would like to combine / move off the premade account
"Internal Asset Transfer" is not available " Trading is currently frozen on this security." any idea when this will change? already made an account for LTC-Mining and would like to combine / move off the premade account
December 07, 2012, 04:15:50 PM
Additionally, I am automatically emailed a shareholder list every 12 hours, so we won't have this problem if the new exchange ever shuts down!
That is helpful!
December 07, 2012, 03:48:32 PM
Great news, everyone!
Cognitive is live on BTC-TC! Check it out at https://btct.co/security/COGNITIVE
Shareholder info has been processed by BTC-TC this morning and everyone on the lists supplied by GLBSE will be recieving an email shortly. Be sure to check your spam folder! If you didn't receive an email and you are a shareholder, please contact me at [email protected] and include your email and bitcoin address you gave to the GLBSE claims form, and the number of shares you own.
After you receive your email containing the account login information, I recommend that you make a new account which you will more easily be able to remember and transfer the shares accordingly. BTC-TC has no internal transfer fees
Because a motion passed soon before the closure of GLBSE, the Cognitive account still has some shares for sale. I have placed an ask order in accordance with the number of shares remaining and this motion:
Additionally, I am automatically emailed a shareholder list every 12 hours, so we won't have this problem if the new exchange ever shuts down!
Cheers,
Garrett
Cognitive is live on BTC-TC! Check it out at https://btct.co/security/COGNITIVE
Shareholder info has been processed by BTC-TC this morning and everyone on the lists supplied by GLBSE will be recieving an email shortly. Be sure to check your spam folder! If you didn't receive an email and you are a shareholder, please contact me at [email protected] and include your email and bitcoin address you gave to the GLBSE claims form, and the number of shares you own.
After you receive your email containing the account login information, I recommend that you make a new account which you will more easily be able to remember and transfer the shares accordingly. BTC-TC has no internal transfer fees
Because a motion passed soon before the closure of GLBSE, the Cognitive account still has some shares for sale. I have placed an ask order in accordance with the number of shares remaining and this motion:
Quote
If this motion passes, 2550 shares will be issued at 0.62 BTC each to purchase ten Avalon ASICs, as seen here: http://avalon-asic.com/ These are currently the best priced ASICs and I believe it is the best choice at the moment. The ASICs are produced by a trusted FPGA producer known as ngzhang. Attaining ASICs from multiple sources is an excellent way to diversify and ultimately reduce risk. After this order and all our BFL ASICs arrive, we will have a total hashrate of 880 GH/s. The operator will maintain his contractually granted 10% and receive 10% of the new shares.
Additionally, I am automatically emailed a shareholder list every 12 hours, so we won't have this problem if the new exchange ever shuts down!
Cheers,
Garrett
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