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Topic: [XXXProfit] Reports & Information - June 15 Revenue Posted & New ANNOUNCEMENT - page 4. (Read 53139 times)

sr. member
Activity: 322
Merit: 250
XXXProfit Reports



July 12th 2014


Units Issued: 18,000 @ .001 BTC Each

Profit This Period - June 16th - 30th $301.26

Which is $272.25 From Site Revenue and $29.01 on dividends from holdings (through July 12th).

Profit Share This Period After Server Bill ($100 * See Note Below *) $201.26

Earnings Per Share This Period $0.0112

ROI This Period (Two Weeks) 1.75% based on current exchange rate of $0.64 per unit.



These payments have been sent.


Please Read

The lull in revenue is still from the switch to 100% revshare (20% of total spent for life) instead of the $1.00 per join program. We currently average over $7 per join long term on revshare joins so this move was made with the future in mind. I will post some stats to show how these new revshare joins are doing soon but things are looking very promising. The current pay period (July 1 - 15th) has already surpassed the one referenced above.

I am still covering half of the server bill each month while I have some test sites on the server.

The number of units outstanding is now at 18,000 after the final 11,000 were returned. These are available to partners if someone wants them, otherwise I will keep them for myself.

Thanks again. Please keep an eye out for updates. I'm screwed on internet right now but still working as possible.
sr. member
Activity: 322
Merit: 250
havent received dividend, something went wrong?

Bad Internet, won't be fixed until next Sunday. I set my cell phone provider up to tether today, will try to finish by morning. Had to wait on some payments from holdings as well so they could be combined with these payments.

Oh, and the most important part is I was finishing up the return of 11,000 units so that payout %'s would be a bit higher.

Thanks

full member
Activity: 196
Merit: 100
can we see the website yet ?
it has been a while. we all promise not to copy it !
full member
Activity: 219
Merit: 100
havent received dividend, something went wrong?
sr. member
Activity: 322
Merit: 250
Payment did show up today, will deal with everything tonight.

Thanks
legendary
Activity: 1386
Merit: 1000
Have these divs been paid yet?

And, regarding the update, does the lesser amount of 'outstanding' shares increase the percentage of revenue distributed to each share?

I'm sitting here with a calculator now, they have not been paid yet. I had to leave early when I last worked on it and had to break down some things as some of the units are at break even now and will receive a lower amount based on that (as discussed in original post).

To your second question the answer is yes. The actual % of revenue paid to available units was 40% based on 40% offered. In the original post it was stated that the full 40% would go to partners even if all 40% of ownership interest was not claimed.

That means that at this point 40% of profit goes to current partners regardless of whether or not they have reached break even. Because we are paying 100% until break even the other 60% is divided amongst partners that have yet to break even.

Thanks

Great, thanks for the answers. Can't argue with that!
sr. member
Activity: 322
Merit: 250
Have these divs been paid yet?

And, regarding the update, does the lesser amount of 'outstanding' shares increase the percentage of revenue distributed to each share?

I'm sitting here with a calculator now, they have not been paid yet. I had to leave early when I last worked on it and had to break down some things as some of the units are at break even now and will receive a lower amount based on that (as discussed in original post).

To your second question the answer is yes. The actual % of revenue paid to available units was 40% based on 40% offered. In the original post it was stated that the full 40% would go to partners even if all 40% of ownership interest was not claimed.

That means that at this point 40% of profit goes to current partners regardless of whether or not they have reached break even. Because we are paying 100% until break even the other 60% is divided amongst partners that have yet to break even.

Thanks
legendary
Activity: 1386
Merit: 1000
Have these divs been paid yet?

And, regarding the update, does the lesser amount of 'outstanding' shares increase the percentage of revenue distributed to each share?
legendary
Activity: 1397
Merit: 1019
Looking to buy shares. PM me.
sr. member
Activity: 378
Merit: 254
...
We've been ironing out the details over the last couple of weeks and are happy to announce that all 22,000 units will released back to the company with half of them being released immediately. Because he will now be managing all XXX operations his compensation will be handed in other ways. The remaining 11,000 will be released at an undetermined point in the future...

Whelp, makes as much sense as the secrit pr0nz site.
Carry on, Gentlemen!
sr. member
Activity: 322
Merit: 250
Announcement

The total number of units outstanding has decreased from 40,000 to 29,000 and will decrease to 18,000 at some point in the future.

This will increase exposure for all current partners that have yet to break even because of the bonus payments that were offered. Eventually more units will be offered to current or future partners but we'll get to that a little later.

What's Going On?

You may remember that 22,000 units were claimed in a cash / trade deal shortly after we started seeking partners. These units were claimed by a good friend and business associate that worked closely with me over the last decade on many adult oriented projects. Part of the deal was that once his current projects wrapped up he would come on full time to help grow the site and help me develop several additional projects.

He's here!

We've been ironing out the details over the last couple of weeks and are happy to announce that all 22,000 units will relinquished, half of them immediately. Because he will now be managing all XXX operations his ownership interest will come from the remaining percentage of the business (my 60%). The remaining 11,000 will be relinquished at an undetermined point in the future.

Soon we will be announcing several small projects and will accept partners on each of them. In addition, XXXProfit will receive some ownership interest in each of these new projects, providing current partners with even more value.

These will all be discussed in detail later and I will introduce the new managing director soon. Stay tuned.

Thanks
sr. member
Activity: 322
Merit: 250
XXXProfit Reports



June 20th 2014


Units Issued: 29,000 @ .001 BTC Each

Profit This Period - June 1st - 15th $393.37

Which is $354.20 From Site Revenue and $39.17 on dividends from holdings (through June 4th).

Profit Share This Period After Server Bill ($100 * See Note Below *) $293.37

Earnings Per Share This Period $0.01012

ROI This Period (Two Weeks) 1.7% based on current exchange rate of $0.59 per share.



These payments are being processed.


Please Read

As mentioned before site revenue is down because we now send all new joins to revshare (20% of total spent for life) instead of the $1.00 per join program. We currently average over $7 per join long term on revshare joins so this move was made with the future in mind. As discussed previously some steps have been taken to limit the immediate impact on revenue. The results so far have been promising with new users already spending money but will need data from a longer time frame to analyze further.

In addition , I have now moved some unrelated websites from another server I leased to this server while they are being built, tweaked and tested. In exchange I am paying $100 every 15 days towards the total server bill lowering the amount owed each period to $100 instead of $200 leaving more profit.

You may have noticed that the total number of units outstanding has decreased from 40,000 to 29,000. This will be addressed in an announcement immediately following this post.

Thank you.
sr. member
Activity: 322
Merit: 250
Money hit the bank today, will be calculating and sending partner share a little later.

Thanks
legendary
Activity: 1397
Merit: 1019
how much is the div per share each week ?
I am guessing it is each week ?

It's twice a mounth (1 and 15 but usually it's a delay of a few days).
You can find the divs paid from the begining, it's not hard to spot them, they loock like this:
XXXProfit Reports



May 17th 2014


Shares Issued: 40,000 @ .001 BTC Each

Profit This Period $820.42

Profit Share This Period After Server Bill ($200) $620.42

Earnings Per Share This Period $0.0155

ROI This Period (Two Weeks) 3.14% based on current exchange rate of $0.493 per share.



Deposit should hit Monday or Tuesday and will be distributed then.

If you are an active partner in this business please contact me to discuss the new offer I have posted in these forums. I would like to discuss either trading your holdings in this offer for those of the other or leaving your percent of ownership the same while giving you a smaller interest in the other business.

The purpose would be to convert this site to full revshare which should increase earnings long term but impact them severely in the immediate future.

Thanks
legendary
Activity: 910
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
how much is the div per share each week ?
I am guessing it is each week ?
newbie
Activity: 14
Merit: 0
Selling shares in XXXProfit to free up some of my capital.

Few hundred shares available, 0.001/share.
legendary
Activity: 1386
Merit: 1000
Are shares for this still available ?
and is their a link for anyone to see the site?

I understand someone vouched for the site, and signed for it with GPG, which means jack shit to the rest of us.
Pardon my french, but is their opportunity for anybody else to see the site ?

Not "someone" - I vouched for its existence, which can be trusted by virtue of my credible WoT presence (which you seem to lack). I did not do so in order for ABitInterested to attract more investors, but rather to satiate the curiosity of the investors he already has, and ensure that any trolling no longer has substance.

No offense meant; I was just on my phone and didnt have the time to go back and check. I appreciate you having done so.

Forgot to change log in credentials?


Hahaha, no I'm definitely not French. I thought that I had posted that quote about fluffypony, but this was my actual comment (below). I thought that I was the one that fluffypony was responding to; didn't read closely enough.

thanks.
sweat..... averted !

so you investors made a lil bit of extra coin on this or what ?

I was the first to verify existence of the site and another user (fluffypony, I think) did so later as well. It's really there-

The IPO is totally sold (has been for some time now), but I am selling some of my shares if you're interested (.0011 BTC / share). I've made back over half my BTC originally invested in this venture.
legendary
Activity: 3066
Merit: 1757
Are shares for this still available ?
and is their a link for anyone to see the site?

I understand someone vouched for the site, and signed for it with GPG, which means jack shit to the rest of us.
Pardon my french, but is their opportunity for anybody else to see the site ?

Not "someone" - I vouched for its existence, which can be trusted by virtue of my credible WoT presence (which you seem to lack). I did not do so in order for ABitInterested to attract more investors, but rather to satiate the curiosity of the investors he already has, and ensure that any trolling no longer has substance.

No offense meant; I was just on my phone and didnt have the time to go back and check. I appreciate you having done so.

Forgot to change log in credentials?
legendary
Activity: 1386
Merit: 1000
Are shares for this still available ?
and is their a link for anyone to see the site?

I understand someone vouched for the site, and signed for it with GPG, which means jack shit to the rest of us.
Pardon my french, but is their opportunity for anybody else to see the site ?

Not "someone" - I vouched for its existence, which can be trusted by virtue of my credible WoT presence (which you seem to lack). I did not do so in order for ABitInterested to attract more investors, but rather to satiate the curiosity of the investors he already has, and ensure that any trolling no longer has substance.

No offense meant; I was just on my phone and didnt have the time to go back and check. I appreciate you having done so.
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
Are shares for this still available ?
and is their a link for anyone to see the site?

I understand someone vouched for the site, and signed for it with GPG, which means jack shit to the rest of us.
Pardon my french, but is their opportunity for anybody else to see the site ?

Not "someone" - I vouched for its existence, which can be trusted by virtue of my credible WoT presence (which you seem to lack). I did not do so in order for ABitInterested to attract more investors, but rather to satiate the curiosity of the investors he already has, and ensure that any trolling no longer has substance.
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