[was on GLBSE] LIF.x - page 9. | Bitcointalksearch.org

teek

hero member

Activity: 667

Merit: 500

Quote from: ?? on ??

Quote from: teek on January 07, 2012, 01:08:08 PM

@Peter no LIF.CX dividend this week?

Sorry about the late response, I have been busy with various things the past couple days.

No LIF.CX dividend, I got clobbered in the New-Years jump, was not expecting the price to rise so quickly.

I am waiting to hear back from Shakaru about the mining situation. He has not been responding recently, and until things start moving again there will be no LIF.M dividends.

Good to see ya back! Hope the clobbering wasn't too serious.. Tongue

vuce

sr. member

Activity: 476

Merit: 250

Has anyone tried emailing him?

teek

hero member

Activity: 667

Merit: 500

Quote from: terrytibbs on January 09, 2012, 09:05:57 PM

Baby, probably.
He seems to be a serious guy, and I doubt he's pulling a runner.

Ya I generally share that same opinion... but I can't help but find it interesting dividend day came and went and nothing.. It is almost 4 days later.. things that make you go hmmmmmmmmmmm... though I hope for nothing..

terrytibbs

hero member

Activity: 560

Merit: 501

Baby, probably.
He seems to be a serious guy, and I doubt he's pulling a runner.

Oh well, you'll just have to wait and see!

teek

hero member

Activity: 667

Merit: 500

Quote from: vuce on January 08, 2012, 07:06:50 PM

Quote from: teek on January 07, 2012, 01:08:08 PM

@Peter no LIF.CX dividend this week?

And no LIF.M dividends also, apparently...

I definitely don't want to be "that guy" spreading FUD.. but does anyone know whatsup with LIF / Peter?

vuce

sr. member

Activity: 476

Merit: 250

Quote from: teek on January 07, 2012, 01:08:08 PM

@Peter no LIF.CX dividend this week?

And no LIF.M dividends also, apparently...

teek

hero member

Activity: 667

Merit: 500

@Peter no LIF.CX dividend this week?

teek

hero member

Activity: 667

Merit: 500

LIF.B is supposed to be high risk / high reward fund right? There is a definite need for this kind of fund.. Personally I would like to see it continue, but I think some damage is already done by the announcement.. A no dividend and bad looking financials would have propelled a correction on it's own.. At which time, Peter could have bought back shares aggressively if his end goal is to shut down the fund, also allowing others to scoop up some shares cheaply if they still believe in the potential of the fund.. in other words, leave it up to the market. I kind of don't understand the manual adjustments on selling new shares of LIF.A either, but then again my equities knowledge is pretty much limited to stocks.. not very much knowledge about how funds work. My general understanding would make me think that the fund should sell at what the market would bare as this just puts more money into the pot for investments / fund growth, thus increasing the value for every holder, but I could definitely be wrong on that. If any one has some insight ?

DeaDTerra

donator

Activity: 1064

Merit: 1000

Very sad to hear about LIF.B being cancelled especially as it was up to 0.77 xD Ohh well we all know that the risk of the company going bancrupt is a risk we take when we buy shares, but always sad that it happens. How is it going for the other shares (LIF,LIF.A, etc.)?

teek

hero member

Activity: 667

Merit: 500

Damn. I had open order to buy LIF.B, filled while I slept. Instant 50% loss. Do you know when financials will be posted?

teek

hero member

Activity: 667

Merit: 500

Quote from: ?? on ??

Thanks to all the investors, LIF.CX is now the highest volume asset on the GLBSE! (Past 30 days by bitcoin volume)

A decision in being made by the LIF board of directors (LIF shareholders), and there is still a few days before the tally is set, but since the vote has been unanimous to this point I will make the change today. The question was asked about the pricing of LIF.CX shares, and they will now be priced at a steady rate of 0.5 btc per share. (Previously, the price was raised to reflect the profits earned between dividends.)

Peter, what are the plans for growth of the fund. You mention that the shares will be priced at a steady rate of .5 BTC, I am wondering how long / what criteria the fund will use to determine when to sell new shares or not?

teek

avoid3d

member

Activity: 70

Merit: 10

< humour > having a baby, as in for breakfast

Congratulations

avoid3d

member

Activity: 70

Merit: 10

Peter: why did you stop uploading financial reports?

where can I find the ones for november

shakaru

sr. member

Activity: 406

Merit: 250

QUIFAS EXCHANGE

Quote from: ovidiusoft on October 22, 2011, 02:06:02 AM

Quote from: OgNasty on October 21, 2011, 08:49:19 PM

I'm not sure I understand where a guaranteed profit to fund a dividend is coming from or the risks involved.

He's going to speculate on a very volatile market. There is no guarantee, and the risks are high. Only buy with your cigarette money

You mean Cuban money. I dont smoke cigarettes

ovidiusoft

sr. member

Activity: 252

Merit: 250

Quote from: OgNasty on October 21, 2011, 08:49:19 PM

I'm not sure I understand where a guaranteed profit to fund a dividend is coming from or the risks involved.

He's going to speculate on a very volatile market. There is no guarantee, and the risks are high. Only buy with your cigarette money

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

I'm not sure I understand where a guaranteed profit to fund a dividend is coming from or the risks involved.

bitfoo

donator

Activity: 289

Merit: 250

Quote from: ?? on ??

I would like to announce something slightly different toady: LIF.CX - Currency Exchange Fund.

Very interesting. How would you determine the amount of fund allocation to BTC and USD to do this market making? Will you also be changing this allocation as BTCUSD goes up and down - holding more in USD if its falling and more BTC when it's rising? Or is that a more risky proposition?

shakaru

sr. member

Activity: 406

Merit: 250

QUIFAS EXCHANGE

Quote from: ?? on ??

Weekly dividend for LIF.M, 10-7-11: 0.00228173 per share.

I uploaded the september report, http://lifunds.com/files/sep2011.txt.asc

There is a motion up for LIF shareholders.

I am going to up the speed of the LIF.M Contract to 1000mhs min - 1400mhs. Thanks for choosing Shades Minioco for your mining contract needs.

teflone

hero member

Activity: 770

Merit: 500

You're fat, because you dont have any pics on FB

Quote from: ?? on ??

Made some dividend payments today. Amounts per share:

LIF: 0.01344509
LIF.A: 0.01007157
LIF.B: 0.01937342
LIF.M: 0.00034215

The LIF.M payment was about one day of mining, I plan to do a weekly payout for LIF.M, should be about 7 times that large.

I am considering doing a dividend twice a month, any thoughts?

Ohhh I noticed you did... Im micro-richer now!

Why was there only one day of mining on the LIF.M ?

teflone

hero member

Activity: 770

Merit: 500

You're fat, because you dont have any pics on FB

heheh you two are funny

I totally condone all the above..just kidding...

I'll pick some up too! thanks

Topic: [was on GLBSE] LIF.x - page 9. (Read 22474 times)