[ANN] Helium - LocalBitcoins.com Exchange Asset!
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@cjellis245 Thank you for clarifying and improving the plan, and my apologies for not picking it up from your previous post.
Sorry that you have been put through this stress, and hope you can put this experience behind you and be stronger for it.
Rich
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This weeks HUGE dividend :)
Amount paid, Account, TX
979000, BURST-QJPB-7464-5E5B-5NFHJ, 16971894832238194082
10000, BURST-5LW6-657H-WXHL-49BCP, 12325591044361867077
7544, BURST-KZQV-7L7K-89K6-HXFGP, 3775946671997137333
1997, BURST-VAX9-BFZ6-XSX5-CW2EN, 12671912300926476284
1001, BURST-SCZS-PBXH-E47U-7X2LG, 16556160490354643952
300, BURST-L4BJ-LLHL-S8UB-HWXZV, 4764904320451114709
100, BURST-H6L4-XQ42-VW49-7R9MW, 5298305092786010596
27, BURST-VEFU-NW9C-BK3S-4X297, 13476173996578530768
20, BURST-N996-XNNG-PVR2-63XMN, 17195948240158481084
10, BURST-QCST-F6TV-VZ2F-CQRPU, 5107824409286974653
1, BURST-H9TG-W3GU-EN2N-49GUW, 9542145533403446507
------------All transactions processed------------Cheers,
Christian
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@cjellis245 said in [ANN] Helium - LocalBitcoins.com Exchange Asset!:
This weeks HUGE dividend :)
Amount paid, Account, TX
979000, BURST-QJPB-7464-5E5B-5NFHJ, 16971894832238194082
10000, BURST-5LW6-657H-WXHL-49BCP, 12325591044361867077
7544, BURST-KZQV-7L7K-89K6-HXFGP, 3775946671997137333
1997, BURST-VAX9-BFZ6-XSX5-CW2EN, 12671912300926476284
1001, BURST-SCZS-PBXH-E47U-7X2LG, 16556160490354643952
300, BURST-L4BJ-LLHL-S8UB-HWXZV, 4764904320451114709
100, BURST-H6L4-XQ42-VW49-7R9MW, 5298305092786010596
27, BURST-VEFU-NW9C-BK3S-4X297, 13476173996578530768
20, BURST-N996-XNNG-PVR2-63XMN, 17195948240158481084
10, BURST-QCST-F6TV-VZ2F-CQRPU, 5107824409286974653
1, BURST-H9TG-W3GU-EN2N-49GUW, 9542145533403446507
------------All transactions processed------------Cheers,
Christian
Is there any profit in there besides the shares burst?
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@mathew Yes, I am still making profit. I have slowed down and turned off my listings during the night because of the bitcoin price drop. Hopefully it will go back up, but its not looking good
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Hey guys,
I just need to let you know I am postponing this weeks dividends.
The plan is to give them out in the next 2 days but I may not be able to. If this is the case I will let you guys know and we will work something out.
Thanks,- Christian
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@cjellis245 At this stage in the game this is not good enough, we need more information. Why are you delaying and why might you not be able to make payments in the next 2 days?
If you want any level of continued support we need complete honesty and updates on a much more regular basis.
Rich
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Personal reasons. I do not want to get into it but I can assure you I will be able to do the dividends within the next 2 days.
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@cjellis245 So after 8 days of silence you say ** The plan is to give them out in the next 2 days but I may not be able to** then moments later you are saying ** but I can assure you I will be able to do the dividends within the next 2 days.**
Now you are hiding behind Personal reasons I am sorry but you have got to do better than this. You have the Shareholders Money, you said it is safe and have put forward a plan to return it, but after returning just 1 Million of the 14 Million Burst you are flagging problems.
The plan was already very extended with the bulk of the money not being returned for 5 Weeks. Stop messing us about I cannot see why a "Personal Reason" would delay payment, or in practice why the payment could not be made in a much shorter timeframe, and put this one to bed?
Rich
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Certain circumstances had originally made me think I was not going to be able to pay. I am not comfortable with sharing to anyone about the specifics but it has to do with family dramas and I was going to be away for a few days and a large portion of the money was in my personal bank account and I didn't quite have enough to exchange back to Poloniex at the time. I am just not comfortable with sharing about this sort of thing, it's just how I am and you would understand if you met me in person. Hopefully that made sense to you.
I am sorry about this and I am doing my best to not let it affect my assets. I have just woken up this morning and I should be able to make this weeks (as planned) dividends.
- Christian
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Dividends - Sorry for being late.
Amount paid, Account, TX
979094, BURST-QJPB-7464-5E5B-5NFHJ, 15366061832126460632
10000, BURST-5LW6-657H-WXHL-49BCP, 14192133870538365077
7464, BURST-KZQV-7L7K-89K6-HXFGP, 11186567431379547138
1878, BURST-VAX9-BFZ6-XSX5-CW2EN, 13708322093130114460
1001, BURST-SCZS-PBXH-E47U-7X2LG, 8982272473613538305
300, BURST-L4BJ-LLHL-S8UB-HWXZV, 3970974594250440928
100, BURST-N996-XNNG-PVR2-63XMN, 7933206432250434667
100, BURST-H6L4-XQ42-VW49-7R9MW, 12410063392868026070
27, BURST-VEFU-NW9C-BK3S-4X297, 18240167483485659770
25, BURST-4WAN-VXS8-Q9SY-B3F3D, 12845387771095603075
10, BURST-QCST-F6TV-VZ2F-CQRPU, 3771211475364484017
1, BURST-H9TG-W3GU-EN2N-49GUW, 16291675777708829102
------------All transactions processed------------
Cheers- Christian
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@cjellis245 Thanks for the second payment, as ever you seem to be making this harder than it needs to be. Let's put aside the reasons why you thought you would not be able to make this payment as it's now been made.
Now let's look forward. Do you expect to be able to make the other payments on the schedule you have put forward?
Simple question, simple answer needed.
Thanks
Rich
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@RichBC Yes. I expect to make the payments on time if not earlier.
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@cjellis245 Thank You, please keep us regularly updated.
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Hey guys,
I have been thinking about this for a few days now, and though I would raise the point here.
I think it may be a good idea to buy the shares back rather than to pay it as a dividend at the end, that way I will have all of the shares and we can forget about it. I will buy them back at around 8-9 burst per share because by then I will have done 5,000,000 burst worth of dividends. It just depends on how much you bought them for in the first place.
Let me know what you guys think. It doesn't really make a difference to what I originally posted. Although I also think it will be best if I pay back at the price that they were bought because since the recent price spike of Burstcoin it is already becoming difficult to pay it back.
Cheers,- Christian
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@cjellis245 I would be happy to see this closed and at this stage but 8-9 is way too low we have paid 15 - 20 for the shares
However do not do it the way Luke is with Energizer, he is just buying back small amounts of shares at a time and this is making for a battle to be the lowest priced Sell amongst people wanting to get their Burst back.
Alternatively you might want to speak to Mr Whale as he holds 98% of the Asset. If he was agreeable you might be better to strike a separate deal with him then you could put up a Buy at something between 15 & 20 for the other 11 Shareholders as they only hold 20,906 shares?
Rich
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@cjellis245
If we do not agree with this decision, would it change the situation?But in my opinion, it is better to get this issue resolved as early as possible. Because it becomes clear that it's only getting worse.
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@cjellis245
It's simple - the smaller the loss incurred by investors, the higher will be your reputation.
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@cjellis245 OK here's some simple Round Number maths to show where we are.
160,000 Shares sold at 20 Burst
51,000 Shares sold at 15 Burst
330,000 Shares dumped at 13 Burst1 Million Shares Sold
15 Million Burst Raised.Average selling price of shares just over 15 Burst
Special Dividends paid = 2 Burst / Share
So I would propose that, for a simple solution, Shares are bought back at 13 Burst / Share.However I would also remind @cjellis245 said in [ANN] Helium - LocalBitcoins.com Exchange Asset!:
If any problems do arise, I will pay back all of my shareholder and buy back all my shares, FOR THE PRICE THEY WERE SOLD TO YOU.
Nothing more, nothing less.
(If it were to happen you would have to send me your Asset Order ID so I can verify how much you bought and for how much, and that it was you making the order)
Which is the solution I would prefer as the Bulk of the Shares at 15 & 13 were bought by the Whale, so the smaller Shareholders would be better off / more fairly treated.
Anything less than the above is unacceptable.
Rich
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@RichBC
I think your wishes will not change the situation. As I understand it, he is because of his inexperience, transferred all funds into his Bank accounts and bitcoins.I was looking at the his profile of the Localbitcoins - trade practically stopped. Why is this happening - I don't know. Maybe it happened due to the fact that he got a bad reputation there (Trusted by 5 people, Blocked by 2 people). But if he ceased to trade, then he can not return the funds investors, because the price Burst increased significantly.
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@cjellis245 how much is the current roi of the asset? Weekly monthly or yearly will do.
