Haitch's Assets Asset


  • admin

    I put a small post out about this on the pre-ann thread, but finally time to go full announcement.

    This asset is back on, albeit with some changes:

    Asset ID: 6037211370250490240
    Sell Price: 90 Burst
    Release schedule: 100,000 every two weeks for the next 40 weeks.
    Dividends schedule: Every two weeks. First dividend Monday, March 6

    Edit Just to clarify, dividends will be sent only to sold shares. Shares on the market or being held by the account selling the asset will NOT receive dividends. The asset currently has 200K Burst, so if all of the first round of shares sell, there is a guaranteed minimum 2% ROI in the first payment, with 10 more days of dividends to be received.

    The delayed release is to ensure that the asset buys into a diverse set of assets, not just those that exist today. Each tranche of shares will be sold on the same day as the dividend payout, but after the dividend payout.

    The shares will be released from a different address than the asset issuer, so as to keep income from share sales and income from the assets separate.

    As previously discussed, this asset is based on the portfolio of assets I currently hold, plus 80% of the proceeds of the sale of shares invested into additional assets plus 20% of the proceeds of dividends paid to the asset.

    I'll be retaining 10% of shares sale proceeds for supplemental payments and a buffer if a buyback is ever needed.

    The maintenance fee for the asset will be 10% of the share sales and 10% of the shares. So for each 100,000 shares released, 90,000 will go on the AE, and 10,000 will go to me.

    People wanted, numbers, so the numbers. To date this month the account holding the assets has been paid 376,293 Burst in dividends. Extrapolating that puts current monthly income between 500K - 600K Burst. Based on the intent to expand the asset base by a factor of 4-5x puts the dividends when fully invested as between 2M - 3M Burst/month. Based on that, the fund will continue to grow with an additional 400K to 600K worth of assets.

    The list of assets, and quantities held of each:

    Assets:

    Asset held payments received this month:

    0_1488077341389_upload-e7708425-5ae0-4712-bb10-dcc4af2fba69



  • This I will be buying 😉



  • I got some :)



  • @haitch said in Haitch's Assets Asset:

    Sell Price: 90 Burst
    Release schedule: 100,000 every two weeks for the next 40 weeks.

    So are you saying that all releases will be at 90 or is that just the first release and you will make decision on price at each release?

    Rich



  • dammit i missed it



  • @ZapbuzZ same



  • i dont think you missed it looking in the sell history i think he had them up for sale by the asset account and took them down to put them up with the seperait account , he has has them up for sale for a cuple days, he needs to keep the income from the asset holding's and the income from asset sales in diff wallets to make managing the funds easy to compute



  • Will there be any ofr sale at this price on Sunday? Baglady needs to collect some Burst First lol..


  • admin

    @RichBC All releases at 90.


  • admin

    @Gibsalot Yeah, I took them off to move them to the other account, the cancel order took way longer than expected to go through - they'll be back up shortly.



  • Just picked up my first lot of assets.. good luck and may we grow together..


  • admin

    I'm somewhat surprised by the lack of interest in this asset - but for those that invested in it, your current ROI stands at 120% for the first payment - that's only going to go up without more purchases.



  • @haitch Ah shit forgot , man i spent all the spare personal Burst on My own asset last week , all good ill buy some with earnings on sunday !!



  • @haitch I will buy more, I lost a lot in casino and trying to win it slowly back lol plus moving house and all those house expenses, so am buying slowly slowly what I can :) I will buy more today.. our landlord wants to sell and 1st of march moving into new place, so i guess i need another verification right? Just grabbed 50 in two different wallets, and will try buy more tonight..Sunday and Monday are my phat dividend days as well..so will get much more then.. I will dome advertising for you later today once I do some more house packing.. Also will you accept btc as payment? I have btc now stuck in blockchain for over 2 days even though I paid a higher fee but I can send bit in btc in few days also as well as Burst.. When we get paid end of the month I will buy some btc to buy burst to buy also.. It's a great asset also..probably will be one of my top assets over the coming months..



  • @haitch said in Haitch's Assets Asset:

    I'm somewhat surprised by the lack of interest in this asset - but for those that invested in it, your current ROI stands at 120% for the first payment - that's only going to go up without more purchases.

    That sounds "too good to be true" :-) Would you care to share the maths?

    Rich



  • @RichBC Haitch already is backing up the asset in advance with his own assets..



  • @qibucks Just asking for clarification on what

    @haitch said in Haitch's Assets Asset:

    your current ROI stands at 120% for the first payment

    means. There are many ways that a statement like this can be interpreted, so am asking for a few figures to make it clear.

    Rich



  • @haitch It's not lack of interest but the end of the month^^ Will buy a lot more next month^^


  • admin

    @haitch said in Haitch's Assets Asset:

    I'm somewhat surprised by the lack of interest in this asset - but for those that invested in it, your current ROI stands at 120% for the first payment - that's only going to go up without more purchases.

    You can always advertise your Asset with this cool auction of BURSTize to promote it.

    alt text




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