Topic: BGCAFFE Asset Monthly Payout (Read 83613 times)

xibeijan · « **Reply #100 on:** November 16, 2014, 08:19:36 pm »

Any news? This asset still alive?

bgcaffe · « **Reply #101 on:** November 23, 2014, 08:55:00 am »

Quote from: xibeijan on November 16, 2014, 08:19:36 pm

Any news? This asset still alive?

Hi Xibeijan,

Sorry for the late reply, at the moment we have no location secured for the short term and with the end of the year closing in we are probably looking only after March next year. There have been quite a few things that we have had to consider before opening new shops.

Firstly we have streamlined our current procedures, stock control, menu options have been expanded and available suppliers.
Secondly we have started taking on additional staff so that they are fully trained before the new venue is open.
Lastly we have started investigations into how the assets need to be setup to have more transparency and even perhaps be tied into a virtual company that can enforce rules.

Its been a long journey for us and we are still just at the start however I assure you we will be expanding into new ventures as soon as the right opportunities are available so that they bring about a success.

Thank you all for your support and patience and of course the asset returns will be made as per usual monthly for the life of the business.

bgcaffe · « **Reply #102 on:** November 30, 2014, 08:43:53 pm »

November asset payout just made at 0.664 per share.

Enjoy

Amount paid, Account, TX
10350.0090587, NXT-D8EY-9VDS-TMUY-GMN59, 6294331074793733583
3833.631725, NXT-4PKT-CHHS-B3FS-GWD9K, 16062924337748129750
2472.77544167, NXT-5TFS-MPBW-PA8J-ALZ45, 950679460567419095
619.22280053, NXT-WW7B-CRLJ-N76Q-EUJTJ, 6895863825706773394
403.61005867, NXT-LUYV-M9Z7-DHYA-2HW89, 17190438488708061727
260.2886579, NXT-24ZL-49YE-K2AP-7DN7J, 14676684554207943764
170.60490967, NXT-FDW8-THXX-PY8X-9VK6M, 18159153253070504136
156.00059833, NXT-DJ7T-8AF7-J849-HWVCC, 2139584926025076774
137.413293, NXT-MLL4-T8WR-HT8Q-HR5KC, 6628818306099045722
136.08562833, NXT-95LC-XATZ-77MQ-2GP4D, 10993620300035644584
132.76646667, NXT-G3ZG-DFJR-C4VX-AVNK5, 4082467394101337582
132.76646667, NXT-PHAE-A9CL-KYVX-H8DDM, 17132978809031530075
99.57485, NXT-26MN-75KR-8H26-A9HK6, 12355362262810342397
99.57485, NXT-KUQ3-SYHL-E4BE-B2BL5, 2593742234240762889
68.7066465, NXT-MFDN-39GQ-8YQY-5AGPX, 4620578846179014678
68.5074968, NXT-PX3H-YF2Y-CHRR-79KR6, 1276245338902392900
66.38323333, NXT-FZ4L-U4MA-MAM2-D3U36, 12026275043389491489
66.38323333, NXT-KYH4-BWYQ-W4QX-DQVUY, 7439561261563745631
66.38323333, NXT-44HE-6Z3Y-N2ZL-E9ZPW, 927309090089207469
66.38323333, NXT-63DB-ZJPU-WCHS-GX9BE, 16397558288901599110
66.38323333, NXT-RACK-EQL5-TDLN-HPT6L, 16305127463445900806
66.38323333, NXT-PJ4S-P5MU-LFBV-6ARBY, 3417981573935312553
66.38323333, NXT-WZE4-CTFK-GGN6-86HFG, 4304715807457077380
55.761916, NXT-N969-VBNG-QJD9-H3S9V, 2997344634908072091
45.14059867, NXT-JYW5-8HCR-Q8ZM-6E52D, 13392566980939344789
44.47676633, NXT-3JJY-EHRA-NWRY-ALFCT, 17464663962981843436
33.19161667, NXT-XFAH-7N9C-6AS6-B3GLZ, 4653874174329942770
16.59580833, NXT-MRCR-CCU5-SZVY-BJACF, 9170340248989221586
14.60431133, NXT-4K4B-76X2-DWAB-22TEF, 13358719363089649942
13.27664667, NXT-UAPC-3T43-FFT6-HW5BZ, 15257621594560186338
11.28514967, NXT-9TNK-QXJ6-YPMY-32CTA, 9625981736319649812
9.957485, NXT-EKNJ-EM5X-2FKC-CQS57, 6430856905032044212
9.957485, NXT-F85P-4WSA-2QX9-94J8S, 15981639415012064196
7.30215567, NXT-S96S-MDZY-UKG8-2ACBP, 8637317497984021811
6.63832333, NXT-F38H-4TZ4-TABM-BS2KK, 10013881369320698175
6.63832333, NXT-LJDM-AHWF-Q59M-FZTBK, 13795990871414232548
6.63832333, NXT-5WW2-XQ63-CFGM-G7YAJ, 7366284498320389134
6.63832333, NXT-DSEY-S997-7G5H-29LT8, 3098608816706357426
6.63832333, NXT-NH53-QEG6-NG4U-6D9DZ, 12313034582716365214
5.31065867, NXT-47L4-3ZFH-VP8P-2EA84, 7812471171996543831
4.84597603, NXT-ZTBF-6RES-AD56-C5CGP, 3365723908377164783
2.52256287, NXT-2L4G-2KTP-7YKJ-HZNJY, 1855199396247418600
1.32766467, NXT-5UY8-GE8R-72J2-6HH2T, 16893393421623636611
------------All transactions processed------------

whatnxt · « **Reply #103 on:** November 30, 2014, 09:30:39 pm »

Dividend received. Thank you.

Looking forward to some good news next year...

Nexxie · « **Reply #104 on:** December 01, 2014, 01:46:35 pm »

keep up the good work!

bgcaffe · « **Reply #105 on:** December 22, 2014, 07:54:40 am »

Dear asset holders.

The BGCAFFE team would like to thank you all for supporting us this year and for being patient regarding the opening of future shops. Rest assured this is our focus next year along with other projects we have indicated earlier on:

1. Greater transparency
2. Mobile app to make payments (And now that myNxt offers an API this makes the app development so much easier. Thanks for that!)

And now we have a question to pose to all our asset holders. December being a short month at the office parks, we closed last week on the 15th as after that the offices are mostly empty and our staff get to have a well deserved break as they did not put leave in the entire year. The income for the month is only enough to cover operating expenses and the staff bonuses. However we have the following options for a December payout:

1. We did invest in SuperNet when it launched at 126 Nxt per asset, it is now breaking through 300 Nxt. What we could do is sell some Supernet assets and use that as a payout for the month. We could put in a sell order for 50 SuperNet assets at 340 and hopefull it will get sold by the 31st, I think it should it seems to be rising steadily.
2. We payout a usual month minus 10% and then recover it monthly in the months going forward at 10% per a month?
3. Skip the payout and payout full amount in January

Your feedback is welcome.

printshop · « **Reply #106 on:** December 22, 2014, 07:59:16 am »

Hi! My suggestion is to reduce dividend payments to sustainable levels, and announce your payout ratio.

I'm considering investing into BGCAFFE, but was waiting for something like this to get a broader picture of what is going on, so greater transparency along the lines of payout ratio is what I am looking for.

Merry Christmas~

satoshi · « **Reply #107 on:** December 22, 2014, 08:35:38 am »

I would go for option number 1. You made a smart move investing in supernet early on. so it is wise to take some profits off the table.
If you think supernet is going to 1000 soon then no point selling it.

You can skip the December dividend and pay double dividend in Jan 2015.

I also see that you haven't exchanges your 100 KPS, that should be worth 1500 to 2000 NXT also.

cheers

Quote from: bgcaffe on December 22, 2014, 07:54:40 am

Dear asset holders.

The BGCAFFE team would like to thank you all for supporting us this year and for being patient regarding the opening of future shops. Rest assured this is our focus next year along with other projects we have indicated earlier on:

1. Greater transparency
2. Mobile app to make payments (And now that myNxt offers an API this makes the app development so much easier. Thanks for that!)

And now we have a question to pose to all our asset holders. December being a short month at the office parks, we closed last week on the 15th as after that the offices are mostly empty and our staff get to have a well deserved break as they did not put leave in the entire year. The income for the month is only enough to cover operating expenses and the staff bonuses. However we have the following options for a December payout:

1. We did invest in SuperNet when it launched at 126 Nxt per asset, it is now breaking through 300 Nxt. What we could do is sell some Supernet assets and use that as a payout for the month. We could put in a sell order for 50 SuperNet assets at 340 and hopefull it will get sold by the 31st, I think it should it seems to be rising steadily.
2. We payout a usual month minus 10% and then recover it monthly in the months going forward at 10% per a month?
3. Skip the payout and payout full amount in January

Your feedback is welcome.

bgcaffe · « **Reply #108 on:** December 22, 2014, 08:48:56 am »

Quote from: printshop on December 22, 2014, 07:59:16 am

Hi! My suggestion is to reduce dividend payments to sustainable levels, and announce your payout ratio.

I'm considering investing into BGCAFFE, but was waiting for something like this to get a broader picture of what is going on, so greater transparency along the lines of payout ratio is what I am looking for.

Merry Christmas~

Hi,

We payout 50% of the proffit, so that is the sustainable level, its just of course as explained December does not generate profit. So I guest what you are saying is reduce the other months in advance next year so that December is covered? That would mean taking option 2 now and including an additional 9% +- per a month retention for December, we could also then invest that 9% into something to generate a return, however there is a risk that we loose it.

Lets make that option 4.

bgcaffe · « **Reply #109 on:** December 22, 2014, 09:30:45 am »

Hi Satoshi,

I believe Supernet in the long run is going up, I don't know if 1000 is achievable any time soon, but I think 400-500 for January, however that depends on the price of NXT, should Nxt take an upswing which is likely Supernet asset price should go down.

Anyways, there is additional value that will come from holding the Supernet assets over the next year. So I am inclined to go for option 2 or 4 proposed by Printshop.

The KPS assets were given to us, I don't feel right to sell them and they have had only good things to say about BGCAFFE, in turn I wish to support them where I can.

Quote from: satoshi on December 22, 2014, 08:35:38 am

I would go for option number 1. You made a smart move investing in supernet early on. so it is wise to take some profits off the table.
If you think supernet is going to 1000 soon then no point selling it.

You can skip the December dividend and pay double dividend in Jan 2015.

I also see that you haven't exchanges your 100 KPS, that should be worth 1500 to 2000 NXT also.

cheers

Quote from: bgcaffe on December 22, 2014, 07:54:40 am
Dear asset holders.

The BGCAFFE team would like to thank you all for supporting us this year and for being patient regarding the opening of future shops. Rest assured this is our focus next year along with other projects we have indicated earlier on:

1. Greater transparency
2. Mobile app to make payments (And now that myNxt offers an API this makes the app development so much easier. Thanks for that!)

And now we have a question to pose to all our asset holders. December being a short month at the office parks, we closed last week on the 15th as after that the offices are mostly empty and our staff get to have a well deserved break as they did not put leave in the entire year. The income for the month is only enough to cover operating expenses and the staff bonuses. However we have the following options for a December payout:

1. We did invest in SuperNet when it launched at 126 Nxt per asset, it is now breaking through 300 Nxt. What we could do is sell some Supernet assets and use that as a payout for the month. We could put in a sell order for 50 SuperNet assets at 340 and hopefull it will get sold by the 31st, I think it should it seems to be rising steadily.
2. We payout a usual month minus 10% and then recover it monthly in the months going forward at 10% per a month?
3. Skip the payout and payout full amount in January

Your feedback is welcome.

whatnxt · « **Reply #110 on:** December 22, 2014, 10:01:29 am »

I vote for a sustainable option that we would not need to change going forward.

Selling assets to cover the month would not be sustainable so not a good idea.

Not paying out in December, but holding back 1/11 from each month going forward and paying that out in December, would be sustainable.

Not paying out in December, and carrying any surplus to January, would be sustainable.

I would be happy with either of the last 2 as long it is clearly announced and put in the Asset announcement post.

KPS has been bought out PrintShop has a buy wall up for asset holders, do you mean KNS?

bgcaffe · « **Reply #111 on:** December 25, 2014, 07:51:13 am »

Thanks to printshop, whatnxt and satoshi for the feedback on December dividend options.

We have decided to cover Decembers payout with the sale of some Supernet assets, however starting from the January payout, 1/11th of the payout amount will be withheld in the account for the December 2015 payout. This is a sustainable option and will not require investments to be successful. As an additional benefit any investment amounts earned as a bonus can then be paid out as an excess for December.

We will post on the forum as soon as the Assets have been sold, we asked our developer to sell Supernet on BTER for us as their have been some sharp price increases there, we are hoping for another one hitting over 350Nxt

I hope you are have a fantastic Christmas day!

bgcaffe · « **Reply #112 on:** December 31, 2014, 06:46:22 pm »

Happy New Year to all Nxters and may 2015 be a prosperous year for us all!

Asset loyalty payout has been made at 15 000 Nxt thats 0.5 Nxt per a share, income has come from the sale of 50 Supernet assets at 300Nxt per asset. As indicated from next month 1/11 of each months payout will be reserved for December 2015 payout and any additional Nxt from other assets will be a bonus.

Thank you all for a wonderful 2014 and looking forward to great things in 2015.

Amount paid, Account, TX
7564.1, NXT-D8EY-9VDS-TMUY-GMN59, 13164346636665432175
2887.5, NXT-4PKT-CHHS-B3FS-GWD9K, 16165300270913428102
1862.5, NXT-5TFS-MPBW-PA8J-ALZ45, 1240656586784378991
466.4, NXT-WW7B-CRLJ-N76Q-EUJTJ, 5066259051484194283
304, NXT-LUYV-M9Z7-DHYA-2HW89, 3787062857482765006
196.05, NXT-24ZL-49YE-K2AP-7DN7J, 721734544099304673
167.5, NXT-DJ7T-8AF7-J849-HWVCC, 12539981211370885461
113.5, NXT-FDW8-THXX-PY8X-9VK6M, 9581284568418950286
103.5, NXT-MLL4-T8WR-HT8Q-HR5KC, 5275214237296526304
102.5, NXT-95LC-XATZ-77MQ-2GP4D, 9661513826552323993
100, NXT-G3ZG-DFJR-C4VX-AVNK5, 8794670167842011805
100, NXT-ECBU-G3RB-W4HN-DD75D, 3191232024735004067
100, NXT-PHAE-A9CL-KYVX-H8DDM, 1523681985791172901
75, NXT-26MN-75KR-8H26-A9HK6, 12142921454605027983
75, NXT-KUQ3-SYHL-E4BE-B2BL5, 3062365019894545028
51.75, NXT-MFDN-39GQ-8YQY-5AGPX, 1187280616780097990
51.6, NXT-PX3H-YF2Y-CHRR-79KR6, 937670013784421278
50, NXT-FZ4L-U4MA-MAM2-D3U36, 8668933379919396617
50, NXT-KYH4-BWYQ-W4QX-DQVUY, 7533239559463062938
50, NXT-44HE-6Z3Y-N2ZL-E9ZPW, 17626860331085744300
50, NXT-63DB-ZJPU-WCHS-GX9BE, 7864554282588008171
50, NXT-RACK-EQL5-TDLN-HPT6L, 5956716262125222466
50, NXT-PJ4S-P5MU-LFBV-6ARBY, 14491272437679534576
50, NXT-WZE4-CTFK-GGN6-86HFG, 12160325535806207582
49.5, NXT-TRHX-XSWQ-NX2E-GNZDQ, 16237780587629778823
46, NXT-3JJY-EHRA-NWRY-ALFCT, 12251652034699566019
42, NXT-N969-VBNG-QJD9-H3S9V, 8885996511997051743
37.45, NXT-JYW5-8HCR-Q8ZM-6E52D, 15061764702933686596
25, NXT-XFAH-7N9C-6AS6-B3GLZ, 14031995972891187941
18, NXT-3EYJ-RFBJ-2K54-DGWKW, 3403178850989463741
12.5, NXT-MRCR-CCU5-SZVY-BJACF, 6002884163939560013
11, NXT-4K4B-76X2-DWAB-22TEF, 8518817272358632383
10, NXT-UAPC-3T43-FFT6-HW5BZ, 9903870065579990387
10, NXT-NH53-QEG6-NG4U-6D9DZ, 1469512387772626437
8.5, NXT-9TNK-QXJ6-YPMY-32CTA, 7016226087330187942
7.5, NXT-EKNJ-EM5X-2FKC-CQS57, 13784696419224945093
7.5, NXT-Z7SA-E3K2-Q8MU-DVN3B, 901405031068417198
7.5, NXT-F85P-4WSA-2QX9-94J8S, 12705975869556889890
5.5, NXT-S96S-MDZY-UKG8-2ACBP, 13264582639768665503
5, NXT-F38H-4TZ4-TABM-BS2KK, 2199205132926445764
5, NXT-LJDM-AHWF-Q59M-FZTBK, 14797349406109953712
5, NXT-5WW2-XQ63-CFGM-G7YAJ, 9606107583590178828
5, NXT-DSEY-S997-7G5H-29LT8, 732022025936304635
4, NXT-47L4-3ZFH-VP8P-2EA84, 18356561304338430108
3.65, NXT-ZTBF-6RES-AD56-C5CGP, 10677986634917138229
2.5, NXT-WKTU-A6HE-CCHD-33TST, 10496614575630941313
1, NXT-5UY8-GE8R-72J2-6HH2T, 3105183408968745178
------------All transactions processed------------

whatnxt · « **Reply #113 on:** January 01, 2015, 01:28:49 am »

NXT recieved, thank you.

Have a
Great New Year

bgcaffe · « **Reply #114 on:** January 14, 2015, 07:25:51 pm »

Given the current BTC price crash that has occurred, it is a great time to replenish our NXT supply. Over the next week or two we will be doing so. Today we added an additional 48 000 next to the account. That is 15 000 NXT from the Supernet shares sold at 300 NXT per a share from December and 33 000 from reserves.

Although the general crypto price low is depressing, it gives us the opportunity to focus on implementing more real world scenarios. This year we will try to bring NXT to our customers with mobile payment solutions and more..

On the bright side for our asset holders you can expect great payouts each month at the current conversion rate, so in essence the BGCAFFE assets have become more valuable. Lets hope it gives you a boost until the market recovers.

bgcaffe · « **Reply #115 on:** February 01, 2015, 12:08:19 pm »

Well the year has kicked in and with January closing the payout is being prepared as I write this. Last week the shop really flew breaking turnover records per a day. This is great news and an indication of what we should expect for the year. January however only started on the 8th as we were closed over the Christmas season. So the overall monthly turn over was down about 16%.

As indicated last month, each month we will be retaining 1/11 of the monthly payout so that it can be paid in the December month which is not great due to the early closure.

Total Payout: 6654.49 NXT
Retension: 1008.26
Payout per asset: 0.188

Thanks again to our supporters and have a great February!!

bgcaffe · « **Reply #116 on:** February 01, 2015, 12:13:46 pm »

Amount paid, Account, TX
2812.203936, NXT-D8EY-9VDS-TMUY-GMN59, 3100462491528225583
1076.6250432, NXT-4PKT-CHHS-B3FS-GWD9K, 18069726036505606084
701.0748, NXT-5TFS-MPBW-PA8J-ALZ45, 17370373694210748921
175.5604224, NXT-WW7B-CRLJ-N76Q-EUJTJ, 2736428583449629600
114.430464, NXT-LUYV-M9Z7-DHYA-2HW89, 8357081124102316577
73.7963568, NXT-24ZL-49YE-K2AP-7DN7J, 12123199793748736215
63.04968, NXT-DJ7T-8AF7-J849-HWVCC, 5443610316468449297
48.93408, NXT-ECBU-G3RB-W4HN-DD75D, 18187432123647142261
42.723216, NXT-FDW8-THXX-PY8X-9VK6M, 6757806657049585556
38.959056, NXT-MLL4-T8WR-HT8Q-HR5KC, 16011441078081291685
38.58264, NXT-95LC-XATZ-77MQ-2GP4D, 15546272313360807916
37.6416, NXT-G3ZG-DFJR-C4VX-AVNK5, 1907153798559217989
37.6416, NXT-PHAE-A9CL-KYVX-H8DDM, 3542659668768892101
28.2312, NXT-26MN-75KR-8H26-A9HK6, 13818580764038183749
28.2312, NXT-L892-ZKXZ-2JJY-AD9JV, 54231713487198382
28.2312, NXT-KUQ3-SYHL-E4BE-B2BL5, 7912822177430227486
19.479528, NXT-MFDN-39GQ-8YQY-5AGPX, 6480502592724578656
19.4230656, NXT-PX3H-YF2Y-CHRR-79KR6, 1136291966817692814
18.8208, NXT-FZ4L-U4MA-MAM2-D3U36, 14853537166432712087
18.8208, NXT-3EYJ-RFBJ-2K54-DGWKW, 2626027465994524984
18.8208, NXT-KYH4-BWYQ-W4QX-DQVUY, 2093451019373175131
18.8208, NXT-44HE-6Z3Y-N2ZL-E9ZPW, 4313534562349017861
18.8208, NXT-63DB-ZJPU-WCHS-GX9BE, 9544006497440527487
18.8208, NXT-RACK-EQL5-TDLN-HPT6L, 9108639637220142283
18.8208, NXT-PJ4S-P5MU-LFBV-6ARBY, 3547345408629183001
18.8208, NXT-WZE4-CTFK-GGN6-86HFG, 11184597431124075790
18.632592, NXT-TRHX-XSWQ-NX2E-GNZDQ, 5656194612189412305
17.315136, NXT-3JJY-EHRA-NWRY-ALFCT, 10043039467608817114
15.809472, NXT-N969-VBNG-QJD9-H3S9V, 17502932580257296793
14.0967792, NXT-JYW5-8HCR-Q8ZM-6E52D, 17601147933366582842
4.7052, NXT-MRCR-CCU5-SZVY-BJACF, 2135552390442416280
4.140576, NXT-4K4B-76X2-DWAB-22TEF, 10570755278411571615
3.76416, NXT-UAPC-3T43-FFT6-HW5BZ, 13237342490674771585
3.76416, NXT-VAJ6-YLDE-T54M-89SU3, 2391978693878204287
3.199536, NXT-9TNK-QXJ6-YPMY-32CTA, 972352130092585472
2.82312, NXT-EKNJ-EM5X-2FKC-CQS57, 7091475850477900356
2.82312, NXT-F85P-4WSA-2QX9-94J8S, 10299126330849297478
2.446704, NXT-8CBP-XQAH-J47K-GNQPB, 4160510208184657787
2.1832128, NXT-BWF6-7NSX-B3NF-2ZNAC, 18438086375494882821
2.070288, NXT-S96S-MDZY-UKG8-2ACBP, 7912150646487627733
1.88208, NXT-F38H-4TZ4-TABM-BS2KK, 8916399470734250119
1.88208, NXT-LJDM-AHWF-Q59M-FZTBK, 16838908190886243406
1.88208, NXT-5WW2-XQ63-CFGM-G7YAJ, 160627744361766524
1.88208, NXT-DSEY-S997-7G5H-29LT8, 10069648617107532997
1.505664, NXT-47L4-3ZFH-VP8P-2EA84, 14371395307866990270
1.3739184, NXT-ZTBF-6RES-AD56-C5CGP, 9890920715746604053
0.94104, NXT-WKTU-A6HE-CCHD-33TST, 8070514318216748669
0.94104, NXT-V35S-6QQE-B6XH-6LPUR, 17026848582823714704
0.376416, NXT-5UY8-GE8R-72J2-6HH2T, 15034323594065531159
0.188208, NXT-SUZP-384E-QVCQ-3TUGV, 15805943341548297466
0.188208, NXT-PMSG-QVK7-W9ZW-4FNPJ, 17229628339417246602
0.0376416, NXT-Z7SA-E3K2-Q8MU-DVN3B, 2138733566421417840
------------All transactions processed------------

3rdStryker · « **Reply #117 on:** February 01, 2015, 01:36:45 pm »

Thanks

taggartd · « **Reply #118 on:** February 01, 2015, 03:13:06 pm »

Quote from: bgcaffe on February 01, 2015, 12:08:19 pm

Well the year has kicked in and with January closing the payout is being prepared as I write this. Last week the shop really flew breaking turnover records per a day. This is great news and an indication of what we should expect for the year. January however only started on the 8th as we were closed over the Christmas season. So the overall monthly turn over was down about 16%.

As indicated last month, each month we will be retaining 1/11 of the monthly payout so that it can be paid in the December month which is not great due to the early closure.

Total Payout: 6654.49 NXT
Retension: 1008.26
Payout per asset: 0.188

Thanks again to our supporters and have a great February!!

bgcaffe, maybe i'm stupid or i missed something, but 6654,49/11=604.95. I don't understand why retension is 1008.26.

bgcaffe · « **Reply #119 on:** February 01, 2015, 04:24:33 pm »

Quote from: taggartd on February 01, 2015, 03:13:06 pm

Quote from: bgcaffe on February 01, 2015, 12:08:19 pm
Well the year has kicked in and with January closing the payout is being prepared as I write this. Last week the shop really flew breaking turnover records per a day. This is great news and an indication of what we should expect for the year. January however only started on the 8th as we were closed over the Christmas season. So the overall monthly turn over was down about 16%.

As indicated last month, each month we will be retaining 1/11 of the monthly payout so that it can be paid in the December month which is not great due to the early closure.

Total Payout: 6654.49 NXT
Retension: 1008.26
Payout per asset: 0.188

Thanks again to our supporters and have a great February!!

bgcaffe, maybe i'm stupid or i missed something, but 6654,49/11=604.95. I don't understand why retension is 1008.26.

No instead looks like I am

.. Made a silly mistake in the spread sheet and it calculated on the combined value of base pay plus 50%. So you are entirely correct in indicating that it should be 604.95. That puts the account over with the amount of 403.31, we will deduct that from next months retention to balance it out.

Thanks for pointing it out, looks like I am in weekend mode..

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Author Topic: BGCAFFE Asset Monthly Payout (Read 83613 times)

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