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printshop

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KPS pays a dividend
« on: August 29, 2014, 07:33:38 am »

Kongzi Print Shop
Asset ID: 10941619155761914846 -- always check the Asset ID when trading.

Promoter
Kongzi Print Shop
http://kongzi.ca/wordpress

What is it?
A personal services company serving the unique needs of ESL students in China and Japan.

Company Announcements
Official Company Announcements :
https://coinsortium.co/security.php?ticker=KPS#Anouncements
NXTforum Discussion :
https://nxtforum.org/index.php?topic=4740.0
NXTforum Dividend Announcements (only) :
https://nxtforum.org/index.php?topic=4916.0

NXT account used to issue assets
NXT-GEA3-AW7K-PWQY-GY3QK

Asset ID
10941619155761914846

Ticker symbol
KPS

-----

For more information please see our coinsortium.co page (coinsortium.co/security.php?ticker=KPS) and our development blog (kongzi.ca/wordpress/print-shop/).
« Last Edit: September 22, 2014, 03:43:39 pm by printshop »
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printshop

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Re: KPS pays a dividend
« Reply #1 on: August 29, 2014, 07:33:55 am »

August 29th, 2014

A company update has been posted on coinsortium.co.

Kongzi Print Shop is pleased to announce the details of our third dividend payment.

Notes:
  • We have confirmed our payment amount for Monday to be 0.175 BTC.
  • Over 2650 shares this would be a payment of 6.6% per week.
  • Our NXT listing is going well. The current IPO price is 19.3 NXT/KPS.
  • We are considering relocating ahead of schedule so we can order print materials in bulk.
  • The savings we will achieve by ordering bulk cards and sleeves should cover the cost of increased rent.

An update will be made on Monday when we post our third dividend payment to shareholders.
« Last Edit: August 29, 2014, 08:10:24 am by printshop »
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printshop

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Re: KPS pays a dividend
« Reply #2 on: September 01, 2014, 03:34:55 pm »

KPS is pleased to announce our third weekly payment on coinsortium.co.

0.175 BTC was paid out over 2650.68 shares; payment per share was 0.00006602 BTC.

Thank you for your time,



“The successful man will profit from his mistakes and
try again in a different way.”
― Dale Carnegie


NXT Information
PPS was 1.19234242
IPO price as at Sep. 1st, 2014: 18.06 NXT/KPS.

NXT payments sent
Address EndingShares PaymentTotal PaymentTXID
FSZH410001,19210642982040340812400
FMQFQ10001,1925460210014841239263
4XUG3200237.468484745653114290773094184
HW5BZ130154.0045150812968424574411971688
9V7WM100118.234242378567158219342452888
7AR8H100118.2342423711899113409999134268
C64UY5058.617121182107911516915634207
893ZQ5058.6171211810680554070396611424
93E8C5058.6171211814063898274789053726
5KRWT2124.03919090730209093096432032
2JTX42022.8468484711447372481444481243
2KZ772022.8468484714031138878741144640
G59H81010.9234242413537930764590830116
7D2EP101.1923424217318079409426500000
7D2EP1010.731081815082453193375938300

whatnxt

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Re: KPS pays a dividend
« Reply #3 on: September 01, 2014, 04:16:46 pm »

Thanks for the dividend KPS.
Please add a name to the issuing account so that it is easy for us to find out who sent money to our accounts:)
Look forward to hearing about the expansion...
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NXT-UAPC-3T43-FFT6-HW5BZ

JamesList

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Re: KPS pays a dividend
« Reply #4 on: September 01, 2014, 08:29:36 pm »

thank you very much :)
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printshop

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Re: KPS pays a dividend
« Reply #5 on: September 04, 2014, 01:57:02 am »

September 4th, 2014

Company update #145 has been posted on coinsortium.co.

Kongzi Print Shop is pleased to announce the details of our fourth dividend payment.
  • Payment will be made on Monday, September 8th, 2014, for the amount of 0.188 BTC.
  • If there remain only 3,410 shares outstanding, this will represent a payment of 5.5% per week.
  • The payment will occur on Monday morning between 10am and 11am EST/New York.
  • The payment will be paid over outstanding shares only.

Company News:
  • We need to sell another 3,000 shares to purchase the new printer.
  • The new printer is estimated to reduce the cost per card by 2 cents per card.
  • We will be able to immediately increase our volume by 3,000 cards per month.
  • Our dividend will increase proportionately.
  • To drum up investor support we have placed several thousand shares on sale.
  • You may find numerous shares on the NXT exchange at more than 5% off.
  • Once we get the new printer and office space, we will stop selling shares.

An update will be made on Monday when we post our dividend payment to shareholders.

cobaltskky

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Re: KPS pays a dividend
« Reply #6 on: September 05, 2014, 05:04:17 pm »


  • We will be able to immediately increase our volume by 3,000 cards per month.

Do you have demand to sell that many more cards each month?
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printshop

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Re: KPS pays a dividend
« Reply #7 on: September 06, 2014, 12:06:56 am »


  • We will be able to immediately increase our volume by 3,000 cards per month.

Do you have demand to sell that many more cards each month?

You know when you type a long post and it gets deleted because your gaming mouse has a back button in an inconvenient place? I swear to god. I am going to kill that mouse.

So, the school I work for in the evenings has 120 students. 1 card per student per day is already more than 3,000 cards. But I also work closely with a K/Pre-K school which could bump us up another few thousand cards. Thirdly to this, occasionally work comes around from another school in the form of a book order or flashcards for something else. This is how we make money now. But I am banking on the new JLPT set we're working on, and sets like the Chinese one I've designed for you. This market is our main money-maker. I am trying to sell this idea to a major chain school. If we could produce flashcards for a major chain school, things will go boom very fast. That is one end goal I would like to explore.

More than half a million people took the JLPT in China and Japan last year. This is in a society where freaked out students under extreme social pressure have killed themselves because they failed their college entrance exams. I'm being serious now, it's true. The point is, language, learning, is valuable here. People want this more than you can imagine. In America flashcards today are something of a novelty. However in China and Japan schoolchildren are still forced to learn the abacus. Now let's talk about the products which don't exist which we can provide. First, Chinese-Japanese flashcards of any kind, do not exist. Second, there is no such thing as a JLPT N5 level reader. However, we produce a reader and textbook which becomes available to learners with just 15% of the JLPT N5 vocabulary. Nothing else like this exist, we own that market.

We are working on new sets of cards all the time, especially in response to student demand because that's how we make money now. But I would really like to see what happens when we start talking to white rabbit and j-list with our JLPT sets and textbooks, and putting them on amazon. That could make things go boom very fast.

whatnxt suggested that I start selling business cards to community members but honestly, it's not going to do anything for our business. I think instead I'll just give away business cards at cost to community members. That would be a better idea.

Anyways there's a whole host of sets I am looking at designing. I'm pretty sure I can get people to buy a few more cards a month if it's working for them.

I'm late for work....

What we have:
1. Printer
2. Office Space

What we need:
1. Office Furniture (3000 shares, low priority)
2. $3000 worth of laminating pouches (http://www.alibaba.com/product-detail/A4-laminating-pockets-250micron_731716804.html) ~6,000 shares
3. a million index cards (http://www.alibaba.com/product-detail/wholesale-white-paper-plain-index-card_1234903204.html) ~5,000 shares
4. Advertising budget (probably a couple thousand shares, not sure).

Now that we have the printer we're focused on moving into the new office. My target for occupancy is october first.

printshop

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Re: KPS pays a dividend
« Reply #8 on: September 06, 2014, 04:56:59 am »


  • We will be able to immediately increase our volume by 3,000 cards per month.

Do you have demand to sell that many more cards each month?

I'll move the answer to the discussion thread. No offense but can we please delete non-announcement posts from this thread? I'd like to keep this one clean for announcements only. TY!

printshop

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Re: KPS pays a dividend
« Reply #9 on: September 08, 2014, 03:07:23 pm »

KPS is pleased to announce our fourth weekly payment on coinsortium.co.

0.188 BTC was paid out over 5052 shares; payment per share was 0.00003721 BTC.

Thank you for your time,



“Give me a place to stand, a lever long enough and a fulcrum, and I can move the Earth”
― Archimedes


NXT Information
PPS was 0.477
IPO price as at Sep. 8st, 2014: 12.5 NXT/KPS.

NXT payments sent
Address EndingShares PaymentTotal PaymentTXID
FSZH430001,430.000000003028077574674121463
6X3MV20094.400000006668396324160490555
B2BL519792.9690000013630921955633397587
5KRWT16678.1820000017312622735351547916
5FZQU15070.5500000016320026901918525883
HW5BZ13061.0100000018043813099694188796
9TS7T13061.010000002817387619166127247
2ZHYW10046.70000000758704582391031560
7EUY910046.700000005001577857718787576
7AR8H10046.700000007557675565438188613
9V7WM10046.7000000014167650809460294545
HTSY35625.7120000011924867030724456121
C64UY5324.2810000013449766935879772809
G59H85022.8500000011838747827640036042
2JTX44018.0800000018278666593982195347
2KZ77208.540000001584819062765627069
7D2EP103.7700000018264930327718399496
AMAT8103.770000003955603097504876430
« Last Edit: September 08, 2014, 03:19:31 pm by printshop »
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satoshi

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Re: KPS pays a dividend
« Reply #10 on: September 09, 2014, 01:49:38 am »

Thank you for the nice dividend.

Just wanted to share an interesting observation, by owning 197 KPS assets @ 17.5 STSH received 18% more payout than another asset which we bout 500 assets @45.

Keep up the good work, we bought some more. We are classifying KPS as our second physical brick and mortar asset.

Thanks

 
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printshop

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Re: KPS pays a dividend
« Reply #11 on: September 11, 2014, 03:15:46 am »

September 11th, 2014

Company update #173 has been posted on coinsortium.co.

Kongzi Print Shop is pleased to announce the details of our fifth dividend payment.
  • Payment will be made on Monday, September 15th, 2014, for the amount of 0.189 BTC.
  • If there are still 5,200 shares outstanding, this will represent a payment of 3.6% per week.
  • The payment will occur on Monday morning between 10am and 11am EST/New York.
  • The payment will be paid over outstanding shares only.

Company News:
  • We have received our new printer and as a result lowered our cpp by 40%.
  • We have sourced lamination film and as a result lowered our lamination film cost by 46.2% over retail.
  • Our total cost for producing flashcards has therefore been lowered by 22%.
  • We are producing a new textbook series which will allow us to pay a special dividend in October.
  • We have added a a staple bindery and are constructing a manual perfect bindery capable of binding 4 books per hour.
  • We expect to increase capacity organically to 50~60 books per hour within 3 months or if we can meet our funding goals.
  • Our current funding goals are:
  • ~2,000 shares for laminate MOQ.
  • ~5,000 shares for construction of handmade perfect bindery and Japanese traditional bindery.
  • ~5,000 for internet advertising programs.
  • ~15,000 shares for bulk order of A4 paper and/or 3x5" index cards MOQ (160 gsm).
  • ~10,000 shares for storage space, office space and incidental costs (1 year).
  • When we meet this goal of ~50,000 shares we will close the IPO and no more shares will be sold.

An update will be made on Monday when we post our dividend payment to shareholders.

printshop

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Re: KPS pays a dividend
« Reply #12 on: September 15, 2014, 03:31:17 pm »

KPS is pleased to announce our fifth weekly payment on coinsortium.co.

0.189 BTC was paid out over 7,433 shares; payment per share was 0.00002542 BTC this week (2.5%)

Thank you for your time,



“It's not that I'm so smart, it's just that I stay with problems longer.”
― Albert Einstein


NXT Information
PPS was 0.3259
IPO price as at Sep. 15th, 2014: 12.8 NXT/KPS.

NXT payments sent (0.3259/share)
StakeholderSharesPaymentTXID
NXT-3NTG3000976.7016612475347155416745
NXT-H2GA1200390.0014885655896336628673
NXT-FLFU618200.4014794048331131391493
NXT-KUQ3500161.9510585181504956678218
NXT-9SYB360116.3016165069370063819528
NXT-KG5B20064.187470861875615532741
NXT-CSMZ15047.895021007653222783076
NXT-UAPC13041.3711248186157776199635
NXT-DNEE10332.571641625527334579068
NXT-F87Z10031.5976383713486715502
NXT-ZZ4W10031.5911286712059400451385
NXT-X2ER10031.594642758587910488361
NXT-5C4510031.593992497990734935437
NXT-529410031.5916330012972403052049
NXT-GKRC7523.4414393753158048121359
NXT-FDW87022.0015042148540230845170
NXT-JGKG5818.003972059798442172350
NXT-Q3FL5016.008451986388548273579
NXT-8D654013.0012275676864851963179
NXT-FGZH206.509808546381710211546
NXT-MRCR113.502981586324725662275
NXT-6RKA103.3010270830279585735961
NXT-S27N103.308440419867926690536
NXT-ZTBF10.3510898665805640540081

satoshi

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Re: KPS pays a dividend
« Reply #13 on: September 16, 2014, 01:59:46 am »

Another nice, passionate dividend received.

A big Thank you from STSH
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printshop

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Re: KPS pays a dividend
« Reply #14 on: September 22, 2014, 03:39:08 pm »

KPS is pleased to announce our sixth weekly payment on coinsortium.co.

0.192 BTC was paid out over 9,616 shares (2% per week).

We have now moved to the mini-IPO model. We have issued 4,000 shares for public sale on Coinsortium and the NXT AE. We only need to sell these 4,000 shares in order to make a bulk order of paper, to be cut into booklets and index cards. This will enable us to lower our cost of production, make more money, and pay a higher dividend. Please support us by completing our mini-IPO!

Thank you for your time,



“In general we look for a new law by the following process. First we guess it. Then we compute the consequences of the guess to see what would be implied if this law that we guessed is right. Then we compare the result of the computation to nature, with experiment or experience, compare it directly with observation, to see if it works. If it disagrees with experiment it is wrong. In that simple statement is the key to science. It does not make any difference how beautiful your guess is. It does not make any difference how smart you are, who made the guess, or what his name is – if it disagrees with experiment it is wrong. That is all there is to it.”
― Richard P. Feynman


NXT Information
PPS was 0.266.
IPO price as at Sep. 22nd, 2014: 16 NXT/KPS.

NXT payments sent @ 0.266/share
StakeholderSharesPaidTxID
FSZH43000797.0012510241220090087063
6X3MV1200318.2017412248260255753402
24PP41000265.00181823245818598103
2R4S3700185.208425197507926744375 and 9456788532352881931
7WR86618163.399560871681255941995
B2BL5500132.001606096915225044666
5KRWT19550.879749375314888930713
5FZQU15038.9016191022412887152839
9VK6M13434.642760936598581783399
HW5BZ13033.5813562426188930689771
HZNJY12030.9215955305142035255860
C64UY11830.3911396261668934022182
2ZHYW10025.601265296993692854293
2JTX410025.605472053457425854468
7EUY910025.60714093317859019925
7AR8H10025.601906945572662988159
7D2EP10025.6011278810884271476343
9V7WM10025.603763416638844348737
HTSY35815.437966881248117538976
7WNSX5013.307229635574767274016
FMQFQ266.9213128368980657997736
2KZ77205.326961509419050396510
AMAT8143.7217449753552484306074
BJACF112.932984879231615424375
8FPEG92.3914615098337807906204
C5CGP10.2716803249288588818882

printshop

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Re: KPS pays a dividend
« Reply #15 on: September 29, 2014, 05:22:19 pm »

KPS is pleased to announce our seventh weekly payment on coinsortium.co!

0.193 BTC was paid out over 10,040 shares. We have now raised our dividends for seven weeks in a row.


We are on the verge of making a bulk order of paper. Cost is the only factor, we need to sell another 3,000 or so shares. We have to make an order for index cards tomorrow and that we will be paying more than $3 per pack of 100. If we can sell those shares I can order almost 1,000,000 cards at once and that will lower our production cost significantly.

Thank you for your support,


“Look up at the stars and not down at your feet. Try to make sense of what you see, and wonder about what makes the universe exist. Be curious.”
― Stephen Hawking


NXT Information
PPS was 0.256.
IPO price as at Sep. 29th, 2014: 16 NXT/KPS.

NXT payments record:
StakeholderPaidTxID
NXT-3NTG-FJPG-FFRY-FSZH4767.0015456866245453594947
NXT-8FG7-5GYY-WN87-FMQFQ442.9011629885235063751210
NXT-H2GA-EFLM-2SR3-6X3MV306.201473324400526653120
NXT-FAHJ-MNJE-5BHY-24PP4306.2017458210854969936886
NXT-KUQ3-SYHL-E4BE-B2BL5152.609127384811809955782
NXT-FDW8-THXX-PY8X-9VK6M78.367388623916852270352
NXT-UAPC-3T43-FFT6-HW5BZ57.8816408449656943092894
NXT-8D65-AVB7-X8SM-2JTX449.9414112034269522816626
NXT-4WUN-CK3J-EKX2-D996Q48.921809928436459811348
NXT-CSMZ-VJV5-YVVP-5FZQU37.402593370549950776138
NXT-DNEE-TZ9V-EW7E-C64UY29.989974336866363963232
NXT-2L4G-2KTP-7YKJ-HZNJY29.7210723568867452692277
NXT-HFTL-X9BX-BBQX-8FPEG29.727386048521291590153
NXT-F87Z-VNC2-A28A-2ZHYW25.603708972009533167948
NXT-ZZ4W-YB6N-2TPJ-7EUY925.601453077207148047800
NXT-X2ER-EMGR-E3LG-7AR8H25.6010723568867452692277
NXT-6RKA-ZVFL-VBS6-7D2EP25.603097134173175468106
NXT-5294-T9F6-WAWK-9V7WM25.6011207457859169120779
NXT-JGKG-5VF4-CCZS-HTSY315.3610952083878471195473
NXT-Q3FL-S6D3-DHLR-7WNSX12.803902606846962772317
NXT-FGZH-Z3S4-TVHE-2KZ775.1211432423150210564946
NXT-S27N-JBGA-J8QD-AMAT83.58793722747714718535
NXT-MRCR-CCU5-SZVY-BJACF2.8212629421004844938956
NXT-ZTBF-6RES-AD56-C5CGP0.2612782705790308175707
NXT-LYV3-64W9-TUUF-7BALU0.269756187570786800581

JamesList

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Re: KPS pays a dividend
« Reply #16 on: September 29, 2014, 07:22:19 pm »

this asset is so underrated. Thank you very much.
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satoshi

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Re: KPS pays a dividend
« Reply #17 on: September 30, 2014, 03:05:10 pm »

very nice dividend received thank you
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printshop

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Re: KPS pays a dividend
« Reply #18 on: October 06, 2014, 01:46:00 pm »

KPS is pleased to announce our eighth weekly dividend payment!

We would normally make a payment of 0.194 BTC converted into 2590 NXT at today's BTER rate of 0.0000749 BTC/NXT. But since we have sold some textbooks recently (the Nielson Phonics line, a new series) we are making a one time special dividend increased by $30/$322.97 (Bitstamp USD/BTC) or 0.0929 BTC. The total dividend is therefore
0.1940 normal dividend
0.0929 special dividend
0.2869 BTC --> 3830 NXT @ 0.0000749 bter btc/nxt.

This comes out to 3830/11750 or 0.3260/share.

Company news:
Unfortunately our mini IPO has failed. Investors bought and sold about 3,000 shares. We ended up making a small amount of NXT since we we took both ends of the trade. However unless we manage to sell out the 3,000 shares we will be unable to complete our bulk order of paper until around April 2015. We would have liked to issue a new mini-IPO for our office space, but we will wait another month and re-evaluate market demand before trying to sell any new shares.

In unrelated news, it seems our competitors have decided to spam us with bitcoinpauls. Please show your support ;) thank you.

Thank you for your support,


“An expert is someone who knows some of the worst mistakes, which can be made, in a very narrow field.”
― Niels Bohr


NXT Information
PPS was 0.326.
IPO price as at Oct. 6th, 2014: 16 NXT/KPS.

NXT payments record:
StakeholderPaymentTXID
NXT-8FG7-5GYY-WN87-FMQFQ921.253963936306719791947
NXT-3NTG-FJPG-FFRY-FSZH4814.0015000922584655590370
NXT-H2GA-EFLM-2SR3-6X3MV390.2011819888326083645715
NXT-FAHJ-MNJE-5BHY-24PP4390.2011478024670710004031
NXT-6RKA-ZVFL-VBS6-7D2EP243.5013069597424034921103
NXT-KUQ3-SYHL-E4BE-B2BL5227.207477432300553517166
NXT-UAPC-3T43-FFT6-HW5BZ106.5815921837695197970826
NXT-3KDA-VW8D-S38W-BJJA597.80658478922954656324
NXT-8D65-AVB7-X8SM-2JTX469.116770945801635480020
NXT-9SYB-C2GF-JA2X-2R4S365.205112113545326267745
NXT-HFTL-X9BX-BBQX-8FPEG52.1615037577344985346883
NXT-CSMZ-VJV5-YVVP-5FZQU48.9011795398931956077500
NXT-DNEE-TZ9V-EW7E-C64UY41.7312295334890927178139
NXT-2L4G-2KTP-7YKJ-HZNJY39.1212984904468720968543
NXT-F87Z-VNC2-A28A-2ZHYW32.6016620114315765070996
NXT-7LUP-MRCU-VHAB-C5XXJ32.602079578803469951244
NXT-YJ25-HTWF-N8RR-4TJAY32.6012003718472331092364
NXT-ZZ4W-YB6N-2TPJ-7EUY932.605723942986676060094
NXT-X2ER-EMGR-E3LG-7AR8H32.6016427041860628068381
NXT-5294-T9F6-WAWK-9V7WM32.606102068576729519319
NXT-LTLB-WLM9-4X6U-8L5PT24.1214949670008337948228
NXT-V9HG-HQ5F-YTFK-BEYC222.8218109888745069060758
NXT-JGKG-5VF4-CCZS-HTSY319.5612987935195438450029
NXT-Q3FL-S6D3-DHLR-7WNSX16.301409477329951678284
NXT-S27N-JBGA-J8QD-AMAT814.6717894428620683910126
NXT-HBFW-X8TE-WXPW-DZFAG6.526964684570137752647
NXT-FGZH-Z3S4-TVHE-2KZ776.5211821702838736250396
NXT-MRCR-CCU5-SZVY-BJACF3.593380717726452573325
NXT-S96S-MDZY-UKG8-2ACBP3.2616213839756077175565
NXT-LYV3-64W9-TUUF-7BALU2.289658831175284557336
NXT-47L4-3ZFH-VP8P-2EA840.9816599967779082871858
NXT-ZTBF-6RES-AD56-C5CGP0.339957164914052210716
« Last Edit: October 06, 2014, 01:49:57 pm by printshop »
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Zahlen

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Re: KPS pays a dividend
« Reply #19 on: October 07, 2014, 08:45:48 pm »

In unrelated news, it seems our competitors have decided to spam us with bitcoinpauls.

Hey bitcoinpauls are awesome! I can't seem to get any :(
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EvilDave

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Re: KPS pays a dividend
« Reply #20 on: October 07, 2014, 08:51:40 pm »

Just gave you your first bitcoinpaul......no need to thank me, I'll bill you at the end of the month. ;D
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Zahlen

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Re: KPS pays a dividend
« Reply #21 on: October 07, 2014, 09:20:43 pm »

There we go!
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printshop

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Re: KPS pays a dividend
« Reply #22 on: October 13, 2014, 08:54:19 pm »

KPS is pleased to announce our ninth weekly dividend payment!

This week's payment reverts to 0.194 BTC. Today's BTER rate is converted into 3104 NXT at today's BTER rate of 0.0000625 BTC/NXT.

This comes out to 0.297 NXT/share.

Company news:
No news, just profits. Flashcard design is taking a back seat while I work on KNS. Both of these projects really need your support. If you are interested in doing a PP, send me a PM.

Thank you for your support,


“Someone said to me, 'If fifty percent of the experts in Hollywood said you had no talent and should give up, what would you do?' My answer was then and still is, 'If a hundred percent told me that, all one hundred percent would be wrong.'”
― Marilyn Monroe


NXT Information
PPS was 0.297.
Expected price assuming dividends represent 1%/month interest rate = 0.297*52/12/0.01 = 128.7 NXT/share

We're making payments now, list will be updated later.

printshop

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Re: KPS pays a dividend
« Reply #23 on: October 20, 2014, 11:07:30 am »

KPS is pleased to announce our tenth weekly dividend payment!

This week's payment has once again been raised (for the 10th week in a row) and will be 0.195 BTC,
paid over 10,689 shares,
or 0.00001857 BTC per share for coinsortium investors.

Today's BTER rate is 0.000058,
therefore the NXT payment is 0.00001857 / 0.000058 per share,
or 0.32 NXT per share for NXT AE investors.

Thank you for your support,


“The planet is fine; the planet isn't going anywhere. We are.”
― George Carlin


NXT Information
PPS was 0.32.
Expected price assuming dividends represent 1%/month interest rate = 0.32*52/12/0.01 = 138 NXT/share

We're making payments now, enjoy your dividends.

printshop

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Re: KPS pays a dividend
« Reply #24 on: October 27, 2014, 10:39:49 am »

KPS is pleased to announce our eleventh weekly dividend payment!

This week's payment has once again been raised (for the 11th week in a row) and will be 0.196 BTC,
paid over 10,690 shares,
or 0.00001833 BTC per share for coinsortium investors.

Today's BTER rate is 0.000614,
therefore the NXT payment is 0.00001833 / 0.0000614 per share, or
0.30 NXT per share for NXT AE investors.
Expected price assuming dividends represent 1%/month interest rate = 0.30*52/12/0.01 = 130 NXT/share

Thank you for your support,


“The real problem is in the hearts and minds of men. It is not a problem of physics but of ethics. It is easier to denature plutonium than to denature the evil from the spirit of man.”
― Albert Einstein


In Other News:

After October we will move to monthly dividend payments. We estimate we will save more than 100 NXT/month this way, which we feel is significant. Shareholders can opt-out if they wish to pay transaction fees themselves. Please PM me if you wish to opt out of a switch to monthly payments (you can go back later if you want).
« Last Edit: October 27, 2014, 12:14:26 pm by printshop »
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satoshi

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Re: KPS pays a dividend
« Reply #25 on: October 28, 2014, 02:13:46 pm »

+1 for regular weekly payments, I think I got early shares around 12 NXT so .3 weekly dividends is quite enjoyable.

I am in favour of monthly payments, once you establish yourself and we have a clear idea about the expected payouts, switching to regular monthly payouts is great, both as asset issuer (reducing overheads, distribution fees etc) and as an investor once I have a good investment in the bag, its time to research and find another superstar asset.

GoNXT
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hurrikaani

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Re: KPS pays a dividend
« Reply #26 on: October 28, 2014, 06:11:28 pm »

+1 for regular weekly payments, I think I got early shares around 12 NXT so .3 weekly dividends is quite enjoyable.

I am in favour of monthly payments, once you establish yourself and we have a clear idea about the expected payouts, switching to regular monthly payouts is great, both as asset issuer (reducing overheads, distribution fees etc) and as an investor once I have a good investment in the bag, its time to research and find another superstar asset.

GoNXT

How about a compromise, twice in a month? Cuts the costs in half and keeps investors in the light.  :)
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printshop

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Re: KPS pays a dividend
« Reply #27 on: October 28, 2014, 06:44:09 pm »

+1 for regular weekly payments, I think I got early shares around 12 NXT so .3 weekly dividends is quite enjoyable.

I am in favour of monthly payments, once you establish yourself and we have a clear idea about the expected payouts, switching to regular monthly payouts is great, both as asset issuer (reducing overheads, distribution fees etc) and as an investor once I have a good investment in the bag, its time to research and find another superstar asset.

GoNXT

How about a compromise, twice in a month? Cuts the costs in half and keeps investors in the light.  :)

Well, I've said that investors can opt out of monthly payments and keep weekly payments, but actually that creates problems if people buy or sell during the month. No real world company pays dividends more often than once per month, so I think it's something the market will just have to adjust to. I realize that this may cause people to divest and reinvest into weekly paying assets; that's fine; I think that those other companies won't do as well as a company that likes to keep costs low ;-)

I think what I can do for you is keep your shares offline for you and pay you weekly instead of monthly. If you transfer your shares to our holding account, I will make a note on our spreadsheet that you would like your payments made weekly. You could take your shares back online at any time.

polylux

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Re: KPS pays a dividend
« Reply #28 on: October 29, 2014, 02:05:15 pm »

I'm a small investor and about a quarter of my weekly dividend gets eaten up by the fee. So, I'm quite happy about the change to a monthly dividend, thank you. :)
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printshop

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Re: KPS pays a dividend
« Reply #29 on: October 29, 2014, 03:21:35 pm »

I'm a small investor and about a quarter of my weekly dividend gets eaten up by the fee. So, I'm quite happy about the change to a monthly dividend, thank you. :)

We don't charge you fees for your dividend. But, this way, we will save money, and your dividend will increase over the long term.

Not just that, but if we bought 1 share of LTCshare2G with the money we save every month, that would add an extra 20 NXT (i.e. one share of KPS) to our coffers. Slowly but surely, this will make a big difference in our finances.  While I have your attention, I am planning to institute a small management fee of 200 shares per month. I didn't take any payment or shares from KPS. So over 1 year it would be 2400 shares, or maybe 10%-15% of the company by then. Do you think this is excessive? How would you feel with myself acquiring 200 shares a month? Thx.

Zahlen

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Re: KPS pays a dividend
« Reply #30 on: October 29, 2014, 03:51:40 pm »

I'm totally fine with monthly payment, I'm in it for the long run.

In future, tx fees for dividend payments may be much less of a problem.
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whatnxt

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Re: KPS pays a dividend
« Reply #31 on: October 29, 2014, 06:45:11 pm »

I am not against getting paid for your work. Kind of like the idea myself.  :)

My concerns are:
Where the assets come from, the market or new issue.

How long it takes for you to obtain a controlling interest and what mechanism there is to prevent this.


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printshop

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Re: KPS pays a dividend
« Reply #32 on: October 29, 2014, 07:09:20 pm »

I am not against getting paid for your work. Kind of like the idea myself.  :)

My concerns are:
Where the assets come from, the market or new issue.

How long it takes for you to obtain a controlling interest and what mechanism there is to prevent this.

If no one buys any shares, then in 6 years I will have earned 14,400 shares, which would be about 50% of the company. The thing is, six years is a long time and I'm pretty certain that if we are around that long we will sell more shares. So I doubt I will get a controlling interest this way. I would really have liked to sell 200,000 shares of both companies, in which case it's less than 10% ownership even after 6 years. That's fine with me.

Right now, 200 shares is about $20 a month for KNS, and $100 or so for KPS. blackyblack1 said it's not a lot of money, that's true, but I have a feeling that it is the right thing to do in current market conditions. I'd really rather have more people buy in, and I don't see a value in taking too many shares before the company grows. So I am guessing 200 a month is the right number for now.

printshop

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Re: KPS pays a dividend
« Reply #33 on: November 07, 2014, 06:05:44 pm »

Hi! Quick announcement.

We've finally gotten a local deal on index cards. A local paper cutting shop which I've mentioned before (the one with the ancient machines) will be able to cut blank index cards for us on 150/160gsm (which is a bit thicker than what we used previously). We will be paying around $1 per pack which is 1/3rd of our current price, which will work out really great for our bottom line. To raise money for the deal I've placed a bid at the same price as the current market price. I will sell down into my order over the weekend. Hopefully this will be seen as fair; the order at 13 has been on the market for weeks, anyone could have bought or sold at market prices until now, and anyone will be able to participate in this offer by placing a bid at 13.

If you have been thinking of picking up KPS but wanted in at a lower price, the train is leaving the station. I'll sell into the bid over the weekend, after that there will not be any reason to sell shares (did I mention, we get an office space in the new school? :) yes, no need to sell shares to get storage or office space. We will have a storage room for the paper.)

If there's any questions, post them here.
« Last Edit: November 07, 2014, 06:08:07 pm by printshop »
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Zahlen

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Re: KPS pays a dividend
« Reply #34 on: November 08, 2014, 04:27:28 pm »

We've finally gotten a local deal on index cards. A local paper cutting shop which I've mentioned before (the one with the ancient machines) will be able to cut blank index cards for us on 150/160gsm (which is a bit thicker than what we used previously). We will be paying around $1 per pack which is 1/3rd of our current price, which will work out really great for our bottom line.

Grats printshop! Great to hear that things have been going well for you, including the school deal you mentioned some time back.
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printshop

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Re: KPS pays a dividend
« Reply #35 on: November 08, 2014, 04:54:07 pm »

We've finally gotten a local deal on index cards. A local paper cutting shop which I've mentioned before (the one with the ancient machines) will be able to cut blank index cards for us on 150/160gsm (which is a bit thicker than what we used previously). We will be paying around $1 per pack which is 1/3rd of our current price, which will work out really great for our bottom line.

Grats printshop! Great to hear that things have been going well for you, including the school deal you mentioned some time back.

Well, these things take time. We start building in a couple of weeks. I was initially told "next week" but now I hear that's just the time we will meet with the builder and go over the materials. It's pissing me off actually, since I had originally expected to start building in January (yes, a year ago basically) but there was some garbage with firing an architect.

Now that things are starting to settle down with the paper order it looks as if our dividend amount will rise about 20-25%, slightly outpacing the shares out. So investors are not seeing dilution, but growth. I'm just a really impatient person I guess, because I am slightly uneasy about this whole situation. It's like I can't relax until the school is built.

hurrikaani

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Re: KPS pays a dividend
« Reply #36 on: November 08, 2014, 06:47:34 pm »

We've finally gotten a local deal on index cards. A local paper cutting shop which I've mentioned before (the one with the ancient machines) will be able to cut blank index cards for us on 150/160gsm (which is a bit thicker than what we used previously). We will be paying around $1 per pack which is 1/3rd of our current price, which will work out really great for our bottom line.

Grats printshop! Great to hear that things have been going well for you, including the school deal you mentioned some time back.

It's like I can't relax until the school is built.

That's the thing with being a perfectionist.  :)
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alxx77

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Re: KPS pays a dividend
« Reply #37 on: November 08, 2014, 07:10:30 pm »

I cleared all shares @13NXT...

Is there a possibiltiy to get more at similar prices...?

 
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printshop

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Re: KPS pays a dividend
« Reply #38 on: November 09, 2014, 10:19:24 am »

I cleared all shares @13NXT...

Is there a possibility to get more at similar prices...?

We don't really need any more money, but I did say that the offer would remain open for the weekend (what I meant was, until Monday) so that everyone would have a chance to participate. That way it wouldn't be seen as a grab for personal shares at a low price  ;D

We can still use more money, but it will start to be less and less accretive going forward. For example, we are probably going to need to incorporate at some point. That would cost around 4,000 shares at current prices, but the tax savings might not make up for the cost of incorporation at this stage. We could use a saddle stapler too (ex. http://www.amazon.com/gp/product/B0006HVU8S/ref=pe_57400_124407650_em_1p_0_ti), because the long arm stapler I have is a little bit inaccurate (though, I'm really good at it). But these things are not vital to the business. I will have to think hard where to put the money so it isn't a waste.
« Last Edit: November 09, 2014, 10:48:41 am by printshop »
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whatnxt

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Re: KPS pays a dividend
« Reply #39 on: November 09, 2014, 10:47:20 am »

I will have to think hard where to put the money so it isn't a waste.

Now there is a nice problem to have for a change :)
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Zahlen

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Re: KPS pays a dividend
« Reply #40 on: November 09, 2014, 02:00:23 pm »

I was initially told "next week" but now I hear that's just the time we will meet with the builder and go over the materials. It's pissing me off actually, since I had originally expected to start building in January (yes, a year ago basically) but there was some garbage with firing an architect.
...
I'm just a really impatient person I guess, because I am slightly uneasy about this whole situation. It's like I can't relax until the school is built.

Sounds like you're right to worry. Does this kind of thing happen regularly where you're at? I (from teh internetz, not from personal experience though) know some places this is part and parcel of the construction business, a lot of inefficiency (or even corruption). Not saying it's a good thing, just it's to expect and prepare for.
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printshop

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Re: KPS pays a dividend
« Reply #41 on: November 10, 2014, 11:42:48 am »

I was initially told "next week" but now I hear that's just the time we will meet with the builder and go over the materials. It's pissing me off actually, since I had originally expected to start building in January (yes, a year ago basically) but there was some garbage with firing an architect.
...
I'm just a really impatient person I guess, because I am slightly uneasy about this whole situation. It's like I can't relax until the school is built.

Sounds like you're right to worry. Does this kind of thing happen regularly where you're at? I (from teh internetz, not from personal experience though) know some places this is part and parcel of the construction business, a lot of inefficiency (or even corruption). Not saying it's a good thing, just it's to expect and prepare for.

Yes, but we have a good builder now. He has done some government buildings and is a friend of the family. Here are some pictures of the property:

[img width="640" height="480"]http://i.imgur.com/h0jvrwA.jpg[/img]
A picture of the house and the land beside it (which is as big as two houses by itself). The house will be extended until the clothes hangers in the picture below, that space will become two giant classrooms on the first floor with a walk out garden patio on the second floor. The remaining space will be a yard/garden, likely with a small playground. Grass is rare around here, it will be special.

[img=640x480]http://i.imgur.com/z8b2yTi.jpg[/img]

As you can see the property is rather large (almost three full lots), if I told you what we paid for this you would think I am bragging. What you can't see is the alley access to the left in the second picture which is intended for the other two lots. It connects our property to pathways linking two different neighborhood schools, with a third a bit farther away accessible out the front of the development. Which is kind of amazing, this is a good location for a cram school.

Kids were included for scale.

p.s. please install the plugin that lets us resize images.
« Last Edit: November 10, 2014, 12:42:35 pm by printshop »
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BigTed

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Re: KPS pays a dividend
« Reply #42 on: November 10, 2014, 12:52:29 pm »

What a .. looking building. ...  ;D


Edit by Berzerk: Please refrain from insulting others.
« Last Edit: November 11, 2014, 02:27:56 pm by Berzerk »
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weekendwarrior

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Re: KPS pays a dividend
« Reply #43 on: November 10, 2014, 01:44:37 pm »

investing in third world buildings using cryptocurrency just seems sorta dangerous.
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BigTed

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Re: KPS pays a dividend
« Reply #44 on: November 10, 2014, 02:14:10 pm »

investing in third world buildings using cryptocurrency just seems sorta dangerous.

The real danger is in dealing with a scatter-brain. Since 8/30/2014 this guy has attempted:

1) AN ESL "Print Shop"
2) A "News Service"
3) An "Asset Analysis Service"
4) Buying a building!
5) A Mining asset!

Can we get serious here? Maybe he should accomplish something first before he starts another asset. This type of behavior is very typical of a 'scammer.' Everyone be careful here.
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weekendwarrior

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Re: KPS pays a dividend
« Reply #45 on: November 10, 2014, 02:16:49 pm »

investing in third world buildings using cryptocurrency just seems sorta dangerous.

The real danger is in dealing with a scatter-brain. Since 8/30/2014 this guy has attempted:

1) AN ESL "Print Shop"
2) A "News Service"
3) An "Asset Analysis Service"
4) Buying a building!
5) A Mining asset!

Can we get serious here? Maybe he should accomplish something first before he starts another asset. This type of behavior is very typical of a 'scammer.' Everyone be careful here.

dat sure is a lot of 'businesses' to start in a few months.
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Zahlen

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Re: KPS pays a dividend
« Reply #46 on: November 10, 2014, 05:13:48 pm »

The remaining space will be a yard/garden, likely with a small playground. Grass is rare around here, it will be special.

This sounds terrific. Urban spaces need green.

Quote
It connects our property to pathways linking two different neighborhood schools, with a third a bit farther away accessible out the front of the development. Which is kind of amazing, this is a good location for a cram school.

I hope it'll be a 'supplemental learning'/'care between school and pickup' cram school, rather than a 'cram' cram school. This could be a great place for kids :)
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printshop

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Re: KPS pays a dividend
« Reply #47 on: November 10, 2014, 05:46:28 pm »

The remaining space will be a yard/garden, likely with a small playground. Grass is rare around here, it will be special.

This sounds terrific. Urban spaces need green.

Quote
It connects our property to pathways linking two different neighborhood schools, with a third a bit farther away accessible out the front of the development. Which is kind of amazing, this is a good location for a cram school.

I hope it'll be a 'supplemental learning'/'care between school and pickup' cram school, rather than a 'cram' cram school. This could be a great place for kids :)

I'll post some videos later. You would be pleased, it's very friendly here and the kids love it because there's no tests and no homework. It's more like going to summer camp than anything else, there's singing, playing games, arts and crafts, etc. Parents love it because the kids seem to pick up English really fast this way.

I guess I had just posted these pictures to tie up the loose end of having mentioned the school it in the first place. As things are turning out there doesn't seem to be a reason to actually involve KPS in the property development. It was a nice idea but why? KPS is almost completely cooked, I think it's almost time to start advertising. Once I finish the Japanese flashcards and we move into this space...

Zahlen

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Re: KPS pays a dividend
« Reply #48 on: November 10, 2014, 06:03:14 pm »

I'll post some videos later. You would be pleased, it's very friendly here and the kids love it because there's no tests and no homework. It's more like going to summer camp than anything else, there's singing, playing games, arts and crafts, etc. Parents love it because the kids seem to pick up English really fast this way.

I like it already :) I never require tests and homework for my own courses (though some schools would like me to). Way too much pressure from school curricula already, especially in Asian societies.

The environment sounds especially good for language learning for young students. Structured learning is fine if you just want to learn enough of the language to do a specific job. But to really grasp a language, you need play with it, and feel free to play with it.
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pf

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Re: KPS pays a dividend
« Reply #49 on: November 10, 2014, 06:09:20 pm »

baha BigTed is a know nothing bozo of the highest calibre.
I can't even in good conscience call him a troll, that would be a compliment.
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Kitchentable

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Re: KPS pays a dividend
« Reply #50 on: November 10, 2014, 08:09:06 pm »

One of the most successful print shops I visit is housed in a building not much better looking than that one BigTed. The owner has more than enough money to build a modern looking facility but he won't do it. His reasoning? Rent is fucking cheap and people are looking at his prints, not his building. Of all the startup print shops I've been to that went straight for the nice looking building and forwent investing into equipment... none of them are in business today.

There was a small newspaper company that started in a building that should have been destroyed 30 years ago. I was surprised the building even met safety regulation. It looked like a total dump from the outside but inside was serious amount of new hardware. The owner played smart and knew that the building was the least concern. Within three years all the equipment was paid for and they purchased a new building to expand their business.
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printshop

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Re: KPS pays a dividend
« Reply #51 on: November 17, 2014, 07:50:19 pm »

KPS is pleased to announce our eleventh weekly dividend payment!

This week's payment has once again been raised (for the 11th week in a row) and will be 0.196 BTC, ...

In Other News:
After October we will move to monthly dividend payments. We estimate we will save more than 100 NXT/month this way, which we feel is significant. Shareholders can opt-out if they wish to pay transaction fees themselves. Please PM me if you wish to opt out of a switch to monthly payments (you can go back later if you want).

If we had paid weekly throughout November, I would have kept raising the pay, 0.197, 0.198, 0.199 and 0.2, for the four Mondays in November. So I will start our monthly payments at 0.8 and see about raising them from there. I'll be taking the occasional 5 week month into account when considering how much we raise our monthly dividends.

So, we will pay 0.8 BTC (total) for the month of November, on Monday, Nov. 24th. At today's rate of 0.0000492 that works out to 16,260 NXT over 22,311 shares, or 0.729/share.

printshop

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Re: KPS pays a dividend
« Reply #52 on: November 24, 2014, 05:12:03 am »

And now for something completely different.

SafeHash enters MOU with NxtGlaive for backing of 350,000 NXT.

SafeHash and NxtGlaive enter into MOU for backing loan. NxtGlaive will guaranty approximately 350,000 NXT of SafeHash Debt, in return for ongoing payments of 12,000 NXT per month interest and 12,000 NXT per month principal. All amounts will be recorded and transacted in NXT for accounting purposes.

Additional conditions demand the closeout of KPS as guaranty for the income stream.

What this means is that SafeHash can sell an almost unlimited number of shares into the market, however, KPS must immediately begin repurchasing all of it's shares. As a consequence, KPS will no longer issue a dividend, but use all existing capital to repurchase shares. The CEO of NxtGlaive is quoted as saying, "If this works out, we will strongly consider signing additional loan and guaranty agreements with SafeHash."
« Last Edit: November 24, 2014, 05:47:21 am by printshop »
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pf

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Re: KPS pays a dividend
« Reply #53 on: November 24, 2014, 05:34:27 am »

What is NxtGlaive?
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galeki

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Re: KPS pays a dividend
« Reply #54 on: November 24, 2014, 05:42:44 am »

Oh, so sad KPS will gone, I like KPS since it is the only(?) real life project in AE.

So how the repurchase goes?
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printshop

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Re: KPS pays a dividend
« Reply #55 on: November 24, 2014, 05:44:23 am »

What is NxtGlaive?

It's a trade name for some investment company that wants to buy into NXT. We were chosen because we guaranty investors cannot lose their initial 1 NXT investment.

I should probably edit the ann to state all amounts will be recorded and transacted in NXT. They were specific about that.

galeki

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Re: KPS pays a dividend
« Reply #56 on: November 24, 2014, 08:07:36 am »

Oh no, I bought bunches of shares at early IPO @16, now I have to sell @13.x ?
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whatnxt

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Re: KPS pays a dividend
« Reply #57 on: November 24, 2014, 08:18:39 am »

See: https://nxtforum.org/index.php?topic=4740.msg133776#msg133776
Reproduced below:

Quote
Hi everyone. Due to the SafeHash deal I've worked out, KPS will have to close.

We won't issue a dividend anyomre, but we will repurchase all shares on the open market. My suggestion is to tender them for about 5-10% more than you paid. This will give everyone a good profit and help speed the closing.

There will be those who hold out for a very high price; please be aware that we are unlikely to place bids higher than the major sell points, and will certainly never bid more than we have sold for :)

Good luck and thank you for making KPS a success!

If you would like to convert your KPS shares to SafeHash shares, please PM me or send an e-mail to kns@kongzi.ca.

Please see the SafeHash and KPS discussion threads for more information.

Unfortunately I missed this and have finished selling back at the price available on the market. PrintShop, you could have planned this better...
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whatnxt

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Re: KPS pays a dividend
« Reply #58 on: November 24, 2014, 08:24:35 am »

Hold that thought,

Make sure you close all your open orders....

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JamesList

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Re: KPS pays a dividend
« Reply #59 on: November 24, 2014, 09:47:15 am »

Not really happy about it because nxt price was the double at the time I've invsted.
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whatnxt

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Re: KPS pays a dividend
« Reply #60 on: November 24, 2014, 10:00:47 am »

Not really happy about it because nxt price was the double at the time I've invsted.

I'm not happy either, but more because there was no discussion and we do not know what is happening to PrintShop's print shop...
The fiat price of NXT varies all the time. As long as you can wait you will be OK. Plus you could invest in a higher yielding asset.
It looks like PrintShop is liquidating NXT assets to buy back KPS so yes he may be making a profit. PrintShop appears to be keeping the print business that we helped him set up because of this. We do not know if he is allowed to operate it though.
Lots or questions arise that we have not found answers to yet...
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galeki

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Re: KPS pays a dividend
« Reply #61 on: November 24, 2014, 11:04:24 am »

Kind of ivory that I read the inspection of nXtGenGHS on KNS, and now similar happend on itself's asset. :(
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polylux

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Re: KPS pays a dividend
« Reply #62 on: November 24, 2014, 11:52:19 am »

Haven't got this yet. AFAICS, you close this asset buying back existing shares. People can either have their shares bought back or converted into safehash ones. Is this correct?
What I don't see yet is:
- at what price will the buyback happen?
- at what rate will KPS shares be converted into SafeHash?

Thanks,
p.
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printshop

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Re: KPS pays a dividend
« Reply #63 on: November 24, 2014, 11:52:39 am »

Oh no, I bought bunches of shares at early IPO @16, now I have to sell @13.x ?

No, if you read the announcement it says to place an ask above what you paid, and I will buy back at that price. I don't know why you would think you need to sell at 13, but if you do, that is your decision.

See: https://nxtforum.org/index.php?topic=4740.msg133776#msg133776
Reproduced below:

Quote
Hi everyone. Due to the SafeHash deal I've worked out, KPS will have to close.

We won't issue a dividend anyomre, but we will repurchase all shares on the open market. My suggestion is to tender them for about 5-10% more than you paid. This will give everyone a good profit and help speed the closing.

There will be those who hold out for a very high price; please be aware that we are unlikely to place bids higher than the major sell points, and will certainly never bid more than we have sold for :)

Good luck and thank you for making KPS a success!

If you would like to convert your KPS shares to SafeHash shares, please PM me or send an e-mail to kns@kongzi.ca.

Please see the SafeHash and KPS discussion threads for more information.

Unfortunately I missed this and have finished selling back at the price available on the market. PrintShop, you could have planned this better...

Oh? What would you suggest? I made posts in all of the KPS and SafeHash threads. Did you read the announcements before you sold your shares? No offense, but there's almost nothing I can do to prevent people from making mistakes trading on NXT AE. But this works both ways. If you want, just buy up shares under 21 and put them for sale at 20.9. I'll pay at least that price (anything under the sell wall will be bought back at ask price). You're going to have to respect the market on this one.

Not really happy about it because nxt price was the double at the time I've invsted.

If you read our prospectus, it specifically mentions currency risk. I'm sorry you're not happy about it, but there is a silver lining; you can sell your KPS and reinvest in SafeHash, and you will make more money for less risk.

I'm not happy either, but more because there was no discussion and we do not know what is happening to PrintShop's print shop...
The fiat price of NXT varies all the time. As long as you can wait you will be OK. Plus you could invest in a higher yielding asset.
It looks like PrintShop is liquidating NXT assets to buy back KPS so yes he may be making a profit. PrintShop appears to be keeping the print business that we helped him set up because of this. We do not know if he is allowed to operate it though.
Lots or questions arise that we have not found answers to yet...

There doesn't have to be a discussion. You agreed to all of this when you invested because we published a prospectus that specifically stated we could do this (cut divs and repurchase shares on the market). Plus, it isn't like anyone is being shady or ripping anyone off. KPS investors have seen some of the highest returns in the community, matching that even of mining. And now they're getting a buyout at IPO price. I'm not sure what there is to complain about :)

There shouldn't really be any questions. You're getting a good deal here. If you don't think so, I'm all ears, tell me why you think this is a bad deal for investors.

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Re: KPS pays a dividend
« Reply #64 on: November 24, 2014, 12:01:49 pm »

so printshop, what exactly is happening now?  Your swift and announced decisions are not really helpful.
Why not having this discussion in the open, instead of a pm?

I would think that the terms would be same for every user, so just be kind enough and explain to us the procedure
and terms and conditions, please.

I'm sure that most users will benefit from having an open and transparent way of closing this asset down and
moving ahead.

I am completely confused, none of your threads are completely clear on the matter.

Are you buying at prices 5%-10% more than what each user bought in?
Or are you swapping for safehash and at what ratio?

or are you accommodating both options?
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printshop

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Re: KPS pays a dividend
« Reply #65 on: November 24, 2014, 12:09:07 pm »

so printshop, what exactly is happening now?  Your swift and announced decisions are not really helpful.
Why not having this discussion in the open, instead of a pm?

I would think that the terms would be same for every user, so just be kind enough and explain to us the procedure
and terms and conditions, please.

I'm sure that most users will benefit from having an open and transparent way of closing this asset down and
moving ahead.

I am completely confused, none of your threads are completely clear on the matter.

Are you buying at prices 5%-10% more than what each user bought in?
Or are you swapping for safehash and at what ratio?

or are you accommodating both options?

There's absolutely no point in discussing it in public; the reason why you have to PM or e-mail me is because people may have bought in at different prices, and I can also barter for assets which we are trying to sell. For example we have 336 shares of STSH that someone might want to exchange for their shares.

I'm sorry you feel confused; everything we are doing now was mentioned in the prospectus, which we published before we even listed the company.

hurrikaani

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Re: KPS pays a dividend
« Reply #66 on: November 24, 2014, 12:10:37 pm »

Well' i'm happy that you're buying us back and being fair about it.

But, i'm unsure what price i should sell the shares.  ??? I bought some at 16.5 and some at 13. What can i reasonably ask and should i be worried, that you wont buy the shares back, if i'm asking for too much profit?
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printshop

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Re: KPS pays a dividend
« Reply #67 on: November 24, 2014, 12:15:43 pm »

Well' i'm happy that you're buying us back and being fair about it.

But, i'm unsure what price i should sell the shares.  ??? I bought some at 16.5 and some at 13. What can i reasonably ask and should i be worried, that you wont buy the shares back, if i'm asking for too much profit?

It's like standing in line. We are selling off some assets, a lot of liquid assets and some illiquid (no one likes KNS for some reason). But I'll buy the KNS personally if I have to.

There's enough liquid assets in KPS and my personal account that this procedure shouldn't take more than a week or two. Just put the shares up for whatever you feel is fair. Naturally, shares placed at a lower ask will get bought out before shares placed at a higher ask. But all shares WILL be bought back.

There's been a lot of general confusion here and I think it's because people didn't read our prospectus. We are authorized to repurchase shares instead of paying dividends. That's what we do.

okaynow

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Re: KPS pays a dividend
« Reply #68 on: November 24, 2014, 12:20:48 pm »

so printshop, what exactly is happening now?  Your swift and announced decisions are not really helpful.
Why not having this discussion in the open, instead of a pm?

I would think that the terms would be same for every user, so just be kind enough and explain to us the procedure
and terms and conditions, please.

I'm sure that most users will benefit from having an open and transparent way of closing this asset down and
moving ahead.

I am completely confused, none of your threads are completely clear on the matter.

Are you buying at prices 5%-10% more than what each user bought in?
Or are you swapping for safehash and at what ratio?

or are you accommodating both options?

There's absolutely no point in discussing it in public; the reason why you have to PM or e-mail me is because people may have bought in at different prices, and I can also barter for assets which we are trying to sell. For example we have 336 shares of STSH that someone might want to exchange for their shares.

I'm sorry you feel confused; everything we are doing now was mentioned in the prospectus, which we published before we even listed the company.

I'm not trying to be a jackass, but if by "everything we are doing now was mentioned..." you mean "there is risk involved", yes i agree.
I cant recall anything in your KPS prospectus on all these actions and issuing of all your other assets and plans.

I think there is quite a lot of value in open discussions, because regardless of the buy-in price, there are always more details that keep sneaking up.

So to clarify, you will buy up in prices "that you feel is fair" or in prices 5%-10% higher than the buy-in, according to the blockchain?
And again, what is the swap ratio for KPS-Safehash?

Thanks for clarifying these little details, information is important and should be clear, transparent and concise.
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printshop

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Re: KPS pays a dividend
« Reply #69 on: November 24, 2014, 12:36:41 pm »

I would think that the terms would be same for every user, so just be kind enough and explain to us the procedure
and terms and conditions, please.

The very OP states first of all,

Official Company Announcements :
   https://coinsortium.co/security.php?ticker=KPS#Anouncements

If you click on this link you see the following:
"Priority Share Repurchase: Repurchasing shares adds to shareholder value by increasing demand, therefore raising the price of the stock. Should the bid price of KPS fall below book value our priority will be share repurchase instead of paying a distribution."

This has been online since August 17th, before we even created the NXT listing. Additionally, 4c states:

"c) This document and our prospectus include forward-looking statements. We have based these forward- looking statements on our current expectations and projections about future events. These forward-looking statements are subject to risks, uncertainties and assumptions about Kongzi, including:

    Our ability to identify trends in our target markets and to offer new services
    Changes in our pricing policies and those of our competitors or partners
    Our ability to compete successfully against direct and indirect competitors
    Growth or demand for our services

We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this prospectus might not occur."


Let me be as honest with you as you have been with me. People did not support KPS (and are not supporting KNS now). People would sell shares at just below IPO price in the middle of our IPO, and we could not successfully sell even 1/10th the shares we needed to sell to make a successful full-range print shop. In stead, well-funded competitors sprung up for everything except the flashcard printing business -- competitors which have essentially done nothing but be well funded in the stead of KPS and KNS.

I'm doing this to make money. The community has decided not to invest in it, in a general sense. Therefore it will close down. That HAS to happen. The question is timing.

Thankfully NxtGlaive came along with tens of thousands of dollars and offered to back SafeHash. So, we kill KPS and run with what's profitable. That actually makes sense, and since no one is getting a bum deal here I say it's time to tender your shares and move on :)

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Re: KPS pays a dividend
« Reply #70 on: November 24, 2014, 12:46:22 pm »

Printshop, can you please clarify for all users, KPS asset holders and also future investors on your digital assets these questions?
I feel that these are important details for everyone involved, regardless of what each of us has paid to buy the asset.

What I don't see yet is:
- at what price will the buyback happen?
- at what rate will KPS shares be converted into SafeHash?

Are you buying at prices 5%-10% more than what each user bought in?
Or are you swapping for safehash and at what ratio?

or are you accommodating both options?

So to clarify, you will buy up in prices "that you feel is fair" or in prices 5%-10% higher than the buy-in, according to the blockchain?
And again, what is the swap ratio for KPS-Safehash?
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Woolie Poolie

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Re: KPS pays a dividend
« Reply #71 on: November 24, 2014, 02:44:29 pm »

Printshop, can you please clarify for all users, KPS asset holders and also future investors on your digital assets these questions?
I feel that these are important details for everyone involved, regardless of what each of us has paid to buy the asset.

What I don't see yet is:
- at what price will the buyback happen?
- at what rate will KPS shares be converted into SafeHash?

Are you buying at prices 5%-10% more than what each user bought in?
Or are you swapping for safehash and at what ratio?

or are you accommodating both options?

So to clarify, you will buy up in prices "that you feel is fair" or in prices 5%-10% higher than the buy-in, according to the blockchain?
And again, what is the swap ratio for KPS-Safehash?

I'm also interested in the swap ratio of KPS/SafeHash, how will you proceed in this?
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printshop

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Re: KPS pays a dividend
« Reply #72 on: November 24, 2014, 03:10:18 pm »

I'm also interested in the swap ratio of KPS/SafeHash, how will you proceed in this?

You appear to be a KPS shareholder through one of your accounts. Any particular reason you don't want to reveal your forum identity?

At any rate, I've answered these questions, although I take great pleasure in watching trolls try and make something out of this.

There's nothing here.

pf

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Re: KPS pays a dividend
« Reply #73 on: November 24, 2014, 03:37:54 pm »

Is NxtGlaive like a poster, or have an account or a website? Or how exactly can we confirm that it is in fact real?
Is it going to xfer you the $6,000 worth of BTC to a BTC account you control?
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Re: KPS pays a dividend
« Reply #74 on: November 24, 2014, 03:42:52 pm »

Printshop, can you please clarify for all users, KPS asset holders and also future investors on your digital assets these questions?
I feel that these are important details for everyone involved, regardless of what each of us has paid to buy the asset.

What I don't see yet is:
- at what price will the buyback happen?
- at what rate will KPS shares be converted into SafeHash?

Are you buying at prices 5%-10% more than what each user bought in?
Or are you swapping for safehash and at what ratio?

or are you accommodating both options?

So to clarify, you will buy up in prices "that you feel is fair" or in prices 5%-10% higher than the buy-in, according to the blockchain?
And again, what is the swap ratio for KPS-Safehash?

Can you please point me to the post that you are answering these two questions with a clear answer,
because i can't seem to find it.

All i can see are vague answers, promises of PM deals, and now you are calling people names, and you've thrown me a smite at the second repost of my questions.

Maybe you should just answer in two or three lines, instead of smites ?

Why is this so hard to clear up, it should not be so complicated.
These two questions are rather important, please refrain from dismissing them, and give us a clear answer.
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printshop

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Re: KPS pays a dividend
« Reply #75 on: November 24, 2014, 03:50:33 pm »

Is NxtGlaive like a poster, or have an account or a website? Or how exactly can we confirm that it is in fact real?
Is it going to xfer you the $6,000 worth of BTC to a BTC account you control?

It's a trade name for some investment company that wants to buy into NXT. It's probably unlicensed as we've never heard of them before, so you can't actually look it up. Part of why they are doing this is because in order to license a trade name in Canada you have to show you have been doing business under that name. So you will have to wait to verify the company actually exists.

But in a certain sense there's no real need to verify they exist, they aren't looking for investment, if that's what you mean. I should be given some NXT early next month is my guess. I need to make some phone calls today about this and see how we can do the paperwork. I'll ask if I can post the contract.

satoshi

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successfully swapped KPS for SAFEHASH
« Reply #76 on: November 24, 2014, 03:52:35 pm »

Just wanted to update everyone that I have successfully swapped all my KPS shares approximately worth 15000 NXT cost price to SAFEHASH '

Here are the steps I used to complete this task.

1- Go to nxtreporting.com, add my nxt account id.
2- Sort the asset list under "My Asset Exchange Transactions"

3- I noted down the exact amount of KPS and the actual price it was acquired.
4- I pmed KPS about my cost price.
5- After his confirmation pm, I transferred KPS share from each of my accounts and included a message about how many SAFEHASH I was expecting.
6- In about 20 minutes I received the swapped assets in my respective accounts.
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printshop

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Re: successfully swapped KPS for SAFEHASH
« Reply #77 on: November 24, 2014, 03:54:40 pm »

Just wanted to update everyone that I have successfully swapped all my KPS shares approximately worth 15000 NXT cost price to SAFEHASH '
...
4- I pmed KPS about my cost price.
5- After his confirmation pm, I transferred KPS share from each of my accounts and included a message about how many SAFEHASH I was expecting.
6- In about 20 minutes I received the swapped assets in my respective accounts.

If I were you, I would have put up an ASK at 20.9. But, opportunity cost can be a pain sometimes!

Good instructions, thanks.

galeki

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Re: KPS pays a dividend
« Reply #78 on: November 24, 2014, 04:08:13 pm »

Already put all my KPS share on ASK, no timetable of buyback? Or I have to swap for SAFEHASH?
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RAlex

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Re: successfully swapped KPS for SAFEHASH
« Reply #79 on: November 24, 2014, 06:25:41 pm »

Just wanted to update everyone that I have successfully swapped all my KPS shares approximately worth 15000 NXT cost price to SAFEHASH '
...
4- I pmed KPS about my cost price.
5- After his confirmation pm, I transferred KPS share from each of my accounts and included a message about how many SAFEHASH I was expecting.
6- In about 20 minutes I received the swapped assets in my respective accounts.

If I were you, I would have put up an ASK at 20.9. But, opportunity cost can be a pain sometimes!

Good instructions, thanks.

Printshop, I truly encourage you to stop whatever comes here. You will not buy all shares back, period. Someone will still try to speculate. The only exit strategy for you here to save your reputation (and fast) is to put FINAL! buy wall at whatever price you think is fare...
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printshop

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Re: KPS pays a dividend
« Reply #80 on: November 24, 2014, 07:26:41 pm »

- at what price will the buyback happen?
- at what rate will KPS shares be converted into SafeHash?
...
Can you please point me to the post that you are answering these two questions with a clear answer,

Sure.

This post suggests a price and offers an alternate way out (exchanging for SafeHash):
https://nxtforum.org/index.php?topic=4740.msg133776#msg133776
Please note this is a KPS thread; all KPS investors are expected to read it.

because i can't seem to find it.

All i can see are vague answers, promises of PM deals, ...

Its also in this thread, right under your first question:
https://nxtforum.org/index.php?topic=4916.msg133897#msg133897

This has been pointed out to you three or four times now.

You're a very new poster, who is obviously a sock puppet of another, and you're asking questions which have been answered several times before. For example, I told people to PM me and I even explained why -- to you -- here: https://nxtforum.org/index.php?topic=4916.msg133906#msg133906. So why is it you "cannot understand" why I want to do things in PM? Do you have some kind of problem that prevents you from understanding this? You said it yourself; "promises of PM deals". I don't really care if you don't trust PMs. You were also given the option of sending me an e-mail.

In conclusion, if you're not a troll, please stop posting here. You may PM me with your questions. Let me make that clear; don't post here again, you are spamming my thread with questions which have already been answered (both publicly and privately).
« Last Edit: November 24, 2014, 07:29:31 pm by printshop »
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printshop

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Re: successfully swapped KPS for SAFEHASH
« Reply #81 on: November 24, 2014, 07:31:14 pm »

Printshop, I truly encourage you to stop whatever comes here. You will not buy all shares back, period. Someone will still try to speculate. The only exit strategy for you here to save your reputation (and fast) is to put FINAL! buy wall at whatever price you think is fare...

Why?

alxx77

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Re: KPS pays a dividend
« Reply #82 on: November 24, 2014, 08:23:55 pm »

I submitted sell order of 1500 shares @13 NXT - that is exact price I have paid for shares...

Will it be cleared...?
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printshop

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Re: KPS pays a dividend
« Reply #83 on: November 24, 2014, 08:29:27 pm »

I submitted sell order of 1500 shares @13 NXT - that is exact price I have paid for shares...

Will it be cleared...?

Please read the posts in this thread, your question has already been answered.

okaynow

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Re: KPS pays a dividend
« Reply #84 on: November 25, 2014, 12:40:13 am »

- at what price will the buyback happen?
- at what rate will KPS shares be converted into SafeHash?
...
Can you please point me to the post that you are answering these two questions with a clear answer,

Sure.

This post suggests a price and offers an alternate way out (exchanging for SafeHash):
https://nxtforum.org/index.php?topic=4740.msg133776#msg133776
Please note this is a KPS thread; all KPS investors are expected to read it.

because i can't seem to find it.

All i can see are vague answers, promises of PM deals, ...

Its also in this thread, right under your first question:
https://nxtforum.org/index.php?topic=4916.msg133897#msg133897

This has been pointed out to you three or four times now.

You're a very new poster, who is obviously a sock puppet of another, and you're asking questions which have been answered several times before. For example, I told people to PM me and I even explained why -- to you -- here: https://nxtforum.org/index.php?topic=4916.msg133906#msg133906. So why is it you "cannot understand" why I want to do things in PM? Do you have some kind of problem that prevents you from understanding this? You said it yourself; "promises of PM deals". I don't really care if you don't trust PMs. You were also given the option of sending me an e-mail.

In conclusion, if you're not a troll, please stop posting here. You may PM me with your questions. Let me make that clear; don't post here again, you are spamming my thread with questions which have already been answered (both publicly and privately).

Printshop, let me be frank.
You dont get to tell anyone where to post, you can however shower me with smites and report my posts.
You are accusing me of trolling and suggest that "if i'm not one, i should no longer post here".
Sorry to brake this to you, but trolling does not mean what you think it means.

You also accuse me of being a sock puppet, because i dont post as often as you, please dont be silly.
Accusing people that are socks of your enemies because they want to clarify something is so... bluemeanie to say the least.

In the meantime:

None of these links are clear. Your first link is a quick announcement raising more questions, at the end of a locked thread.
It is not answering in a clear way any of these two questions.
The second link, is, as you so correctly notice, under my post, because i am asking for *clarification*, something that you are so far denying or stalling to do.

I have therefore to ask again, because even in the pm i sent to you and you answered, there was only part of an answer.

So you answered to me in the pm, what is your fair buyback price.
Why do i have to ask again, then, why not answering the whole thing in one go?

What is the share swap ratio?
« Last Edit: November 25, 2014, 12:43:56 am by okaynow »
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printshop

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Re: KPS pays a dividend
« Reply #85 on: November 25, 2014, 03:03:24 am »

Printshop, let me be frank.

Okay, you be Frank, I'll be Mary.
Hi Frank, how ya doin'? How ya doin?

You dont get to tell anyone where to post, you can however shower me with smites and report my posts.
You are accusing me of trolling and suggest that "if i'm not one, i should no longer post here".
Sorry to brake this to you, but trolling does not mean what you think it means.

If only you knew.

Have fun with that!@

okaynow

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Re: KPS pays a dividend
« Reply #86 on: November 25, 2014, 11:16:54 am »

- at what price will the buyback happen?
- at what rate will KPS shares be converted into SafeHash?
...
Can you please point me to the post that you are answering these two questions with a clear answer,

Sure.

This post suggests a price and offers an alternate way out (exchanging for SafeHash):
https://nxtforum.org/index.php?topic=4740.msg133776#msg133776
Please note this is a KPS thread; all KPS investors are expected to read it.

because i can't seem to find it.

All i can see are vague answers, promises of PM deals, ...

Its also in this thread, right under your first question:
https://nxtforum.org/index.php?topic=4916.msg133897#msg133897

This has been pointed out to you three or four times now.

You're a very new poster, who is obviously a sock puppet of another, and you're asking questions which have been answered several times before. For example, I told people to PM me and I even explained why -- to you -- here: https://nxtforum.org/index.php?topic=4916.msg133906#msg133906. So why is it you "cannot understand" why I want to do things in PM? Do you have some kind of problem that prevents you from understanding this? You said it yourself; "promises of PM deals". I don't really care if you don't trust PMs. You were also given the option of sending me an e-mail.

In conclusion, if you're not a troll, please stop posting here. You may PM me with your questions. Let me make that clear; don't post here again, you are spamming my thread with questions which have already been answered (both publicly and privately).

Printshop, let me be frank.
You dont get to tell anyone where to post, you can however shower me with smites and report my posts.
You are accusing me of trolling and suggest that "if i'm not one, i should no longer post here".
Sorry to brake this to you, but trolling does not mean what you think it means.

You also accuse me of being a sock puppet, because i dont post as often as you, please dont be silly.
Accusing people that are socks of your enemies because they want to clarify something is so... bluemeanie to say the least.

In the meantime:

None of these links are clear. Your first link is a quick announcement raising more questions, at the end of a locked thread.
It is not answering in a clear way any of these two questions.
The second link, is, as you so correctly notice, under my post, because i am asking for *clarification*, something that you are so far denying or stalling to do.

I have therefore to ask again, because even in the pm i sent to you and you answered, there was only part of an answer.

So you answered to me in the pm, what is your fair buyback price.
Why do i have to ask again, then, why not answering the whole thing in one go?

What is the share swap ratio?

You keep missing the questions and you also keep deflecting by the use of personal attacks.
Are you sure you are not Joshua? You sure have a familiar tone in your responses, the same loathing of questions and the same disregard for what you deem unfit to respond to.

I asked publicly and privetely -as you wanted- to be met with irony on your part.
You keep avoiding this simple question, i know by now that you cant answer it in a way that will not make you look like what you are,
but please make an effort to answer without an ad hominem:

What is the share swap ratio for KPS/Safehash? Put it out here in the open for everyone to see, judge and make up his mind
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whale

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Re: KPS pays a dividend
« Reply #87 on: November 25, 2014, 11:20:41 am »

Damn. What happened to the school?  ???
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okaynow

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Re: KPS pays a dividend
« Reply #88 on: November 25, 2014, 12:25:39 pm »

Damn. What happened to the school?  ???

whale, honestly, do you believe that KPS/KNS/Safehash/ is building a school, in which he will teach?
No red flags with printshop in the past six months i guess.. Like when he promised videos and imagery from the property KPS bought for the "school". Well no videos or images, but KPS is gone!!

His route in these forums so far went from a flashcard printjob, to a news service, to an asset rating service, to an investmend fund, to building a school, to becoming a teacher to said school, to having his (according to his statements not likeable by the community assets) being bought off from an unlicenced registered federal corporation/investment fund in canada that cannot be tracked or verified or otherwise be proven to exist.

He has blamed "well-funded" adversaries for holding his work back(aimed at NXTinspect, not sure if you missed it or not)
He decided to close this down, because prophet!
 
When asked for any clarification, he responds with personal attacks, accusations of trolling and sockpupetry.
Check his responses to anyone not openly encouraging him.

Does this behavior strike you as normal ? Not to me, but i am not one of the brightest here, and as this KPS/KNS/safehash/builder/teacher grandmaster has pointed out i might even be a sockpuppet.

He is now accusing and reporting users of trolling because he has to respond to questions raised by his actions, has denied open discussions, he is encouraging back-room deals that noone can attest to or verify.

(not to mention the fact that he refers to his threads as "companies" - They are not companies, they are threads in a public forum.
he says things like "KPS entered a deal with Safehash" and this in plain english reads exactly like "i have entered a deal with myself"
he is having a rather grandiose image about himself and loves to project this image outwards.
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printshop

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Re: KPS pays a dividend
« Reply #89 on: November 25, 2014, 12:49:53 pm »

Damn. What happened to the school?  ???

There's no reason to make a listing for it, because we don't need investors.

printshop

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Re: KPS pays a dividend
« Reply #90 on: November 25, 2014, 12:53:41 pm »

Damn. What happened to the school?  ???

whale, honestly, do you believe that KPS/KNS/Safehash/ is building a school, in which he will teach?
No red flags with printshop in the past six months i guess.. Like when he promised videos and imagery from the property KPS bought for the "school". Well no videos or images, but KPS is gone!!

His route in these forums so far went from a flashcard printjob, to a news service, to an asset rating service, to an investmend fund, to building a school, to becoming a teacher to said school, to having his (according to his statements not likeable by the community assets) being bought off from an unlicenced registered federal corporation/investment fund in canada that cannot be tracked or verified or otherwise be proven to exist.

He has blamed "well-funded" adversaries for holding his work back(aimed at NXTinspect, not sure if you missed it or not)
He decided to close this down, because prophet!
 
When asked for any clarification, he responds with personal attacks, accusations of trolling and sockpupetry.
Check his responses to anyone not openly encouraging him.

Does this behavior strike you as normal ? Not to me, but i am not one of the brightest here, and as this KPS/KNS/safehash/builder/teacher grandmaster has pointed out i might even be a sockpuppet.

He is now accusing and reporting users of trolling because he has to respond to questions raised by his actions, has denied open discussions, he is encouraging back-room deals that noone can attest to or verify.

(not to mention the fact that he refers to his threads as "companies" - They are not companies, they are threads in a public forum.
he says things like "KPS entered a deal with Safehash" and this in plain english reads exactly like "i have entered a deal with myself"
he is having a rather grandiose image about himself and loves to project this image outwards.

Note: If any credible poster repeats any of this, I'll answer it. (In contrast to the "incredulous" poster, okaynow).
Yes, this means if no one cares to repeat any of his questions, we can safely conclude no one gives a shit. Till then, I'm placing him on ignore. TY!

okaynow

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Re: KPS pays a dividend
« Reply #91 on: November 25, 2014, 04:07:42 pm »


Well, that escalated quickly.
Why are you so defensive and aggressively denying this information?

You could just tell us the swap ratio, instead of trying to evade questions.
If there was a "credible" answer as to why you will not make public the terms and conditions under which you plan to move with,
you would have given it so far. You obviously dont have one, so you can only play the "troll" card.

Calling me "troll", "sockpuppet", "incredulous" because i want to have something perfectly clear and laid out before i make a decision and putting me on ignore is not having any effect at all. At least not the one you would expect.
 
Sure, putting me on ignore does hide my words from your eyes, but all it manages to do is to point out clearly that personal attacks, irony and the ignore button is your method of providing clarification.
People should just trust you, because as the OP states "Guts, be the OPs weapon"

Denying information that are essential for anyone holding any asset issued by yourself is a great way to move ahead in a trustless world, i suppose, completely transparent and clean. /sarc

My question remains unanswered:
What is the KPS/Safehash swap ratio? Post it in public so that everyone can see.


Oh, wait, you can't.
That would show to everyone here that you have given different options to at least four members in the forum so far,
because you know, management skills...

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alxx77

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Re: KPS pays a dividend
« Reply #92 on: November 25, 2014, 08:20:40 pm »

I submitted sell order of 1500 shares @13 NXT - that is exact price I have paid for shares...

Will it be cleared...?

Please read the posts in this thread, your question has already been answered.

 :-\  no need for negative karma over a simple question...
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printshop

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Re: KPS pays a dividend
« Reply #93 on: November 25, 2014, 08:32:04 pm »

I submitted sell order of 1500 shares @13 NXT - that is exact price I have paid for shares...

Will it be cleared...?

Please read the posts in this thread, your question has already been answered.

 :-\  no need for negative karma over a simple question...

Negative karma is a source of pride -- a sign of distinction. Look at me, I run SafeHash and I got more than -80 now. Apparently half of it is for posting dividend announcements?  ::)

okaynow

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Re: KPS pays a dividend
« Reply #94 on: November 26, 2014, 01:45:16 pm »

these sites have magically been wiped clean: http://kongzi.ca and http://kongzi.ca/wordpress/

the wayback machine shows some history: https://web.archive.org/web/*/http://kongzi.ca/*
(2012 site copyright by usagi. ring any bells?)

maybe the Glaive Affair is paying for a massive server migration, at the school building he bought and is planning.
or maybe since the KPS listing is closing, and no income is to be projected, he is closing down a legit and profitable "brick&mortar" print shop.

Oh well, coincidence.
« Last Edit: November 26, 2014, 01:47:47 pm by okaynow »
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pf

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Re: KPS pays a dividend
« Reply #95 on: November 26, 2014, 07:13:52 pm »

these sites have magically been wiped clean: http://kongzi.ca and http://kongzi.ca/wordpress/

the wayback machine shows some history: https://web.archive.org/web/*/http://kongzi.ca/*
(2012 site copyright by usagi. ring any bells?)

maybe the Glaive Affair is paying for a massive server migration, at the school building he bought and is planning.
or maybe since the KPS listing is closing, and no income is to be projected, he is closing down a legit and profitable "brick&mortar" print shop.

Oh well, coincidence.
This makes me WTF
wasn't all of his blog about AE assets and stuff hosted there???
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printshop

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Re: KPS pays a dividend
« Reply #96 on: November 26, 2014, 09:03:12 pm »

these sites have magically been wiped clean: http://kongzi.ca and http://kongzi.ca/wordpress/

the wayback machine shows some history: https://web.archive.org/web/*/http://kongzi.ca/*
(2012 site copyright by usagi. ring any bells?)

maybe the Glaive Affair is paying for a massive server migration, at the school building he bought and is planning.
or maybe since the KPS listing is closing, and no income is to be projected, he is closing down a legit and profitable "brick&mortar" print shop.

Oh well, coincidence.
This makes me WTF
wasn't all of his blog about AE assets and stuff hosted there???

Hmm? You're not taking him seriously, are you? I announced the problems with the KNS server a long time ago, remember? https://nxtforum.org/index.php?topic=6290.0

The site is still there and the posts are all still there. Actually I just checked and the KPS wordpress posts haven't been restored, but the documents are still online from the backup (ex. http://kongzi.ca/printshop edit: added an index page) and the nxtnews.ca/wordpress and nxtnews.ca/mediawiki stuff has all been restored. It's not really worth my time to restore the KPS blog posts now, because I have no need to publicize the business, but I can. As you can tell it isn't really worth my time to update the site now. This may be difficult for you to understand coming from your fund, but KPS never really finished it's IPO, and KNS basically hasn't sold a single share this month despite the great reviews we were getting. It's just not worth my time and apparently no one is really interested in financially supporting those projects. Capiche?

Just remember: everything he says is crap. He managed to confuse an actual shareholder who had difficulty following his campaign of accusations. I told him in PM, just ignore him. I mean come on, the very reason KPS is closing is because the profits are being used to guaranty the loan from NxtGlaive. Read the announcement. To state there are no profits is the height of ignorance. Along with his claims there is no school etc. (what's this then?), etc etc.

His basic strategy is to find some fact I reported 2 or 3 weeks ago and then claim I didn't report it.

Not worth my time to bother with answering him. The moderators are doing the community a dishonor by allowing posters like him to come here.

Edit: I offer remedy to those who feel slighted by the loss of the KPS blog posts. I will restore them for $30, which covers the time it will take me to restore the sql backup. Please send me a PM if you're interested in paying me to restore a bunch of boring posts about why JMdict sucks :)
« Last Edit: November 26, 2014, 09:15:59 pm by printshop »
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okaynow

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Re: KPS pays a dividend
« Reply #97 on: November 26, 2014, 11:14:08 pm »

these sites have magically been wiped clean: http://kongzi.ca and http://kongzi.ca/wordpress/

the wayback machine shows some history: https://web.archive.org/web/*/http://kongzi.ca/*
(2012 site copyright by usagi. ring any bells?)

maybe the Glaive Affair is paying for a massive server migration, at the school building he bought and is planning.
or maybe since the KPS listing is closing, and no income is to be projected, he is closing down a legit and profitable "brick&mortar" print shop.

Oh well, coincidence.
This makes me WTF
wasn't all of his blog about AE assets and stuff hosted there???

Hmm? You're not taking him seriously, are you? I announced the problems with the KNS server a long time ago, remember? https://nxtforum.org/index.php?topic=6290.0

The site is still there and the posts are all still there. Actually I just checked and the KPS wordpress posts haven't been restored, but the documents are still online from the backup (ex. http://kongzi.ca/printshop edit: added an index page) and the nxtnews.ca/wordpress and nxtnews.ca/mediawiki stuff has all been restored. It's not really worth my time to restore the KPS blog posts now, because I have no need to publicize the business, but I can. As you can tell it isn't really worth my time to update the site now. This may be difficult for you to understand coming from your fund, but KPS never really finished it's IPO, and KNS basically hasn't sold a single share this month despite the great reviews we were getting. It's just not worth my time and apparently no one is really interested in financially supporting those projects. Capiche?

Just remember: everything he says is crap. He managed to confuse an actual shareholder who had difficulty following his campaign of accusations. I told him in PM, just ignore him. I mean come on, the very reason KPS is closing is because the profits are being used to guaranty the loan from NxtGlaive. Read the announcement. To state there are no profits is the height of ignorance. Along with his claims there is no school etc. (what's this then?), etc etc.

His basic strategy is to find some fact I reported 2 or 3 weeks ago and then claim I didn't report it.

Not worth my time to bother with answering him. The moderators are doing the community a dishonor by allowing posters like him to come here.

Edit: I offer remedy to those who feel slighted by the loss of the KPS blog posts. I will restore them for $30, which covers the time it will take me to restore the sql backup. Please send me a PM if you're interested in paying me to restore a bunch of boring posts about why JMdict sucks :)

I never accused you of anything, our discussions are in the open. Every reader can see who is throwing accusations.
I merely asked 2 questions, anyone can spot them in all of your threads:

What is the KPS buyback price?
What is the KPS/Safehash swap ratio?

Now i have a third one, what is your affiliation with usagi and is he related to the known btt user?

And a fourth: as the bold text in your statement says, KPS is closing is because the profits are being used to guaranty the loan from NxtGlaive [sic]. Why do you need a loan if KPS is profitable?

And a fifth: With KPS closed, why would an unlicenced federally organised regulated investment fund/trading company from canada  that nobody has ever heard of or can verify it exists care to buy it out and throw money your way when you don't even have a record of anything regarding the sector they are interested in?
 

edit: pricelessness is off the charts with this one
Please send me a PM if you're interested in paying me
« Last Edit: November 26, 2014, 11:18:30 pm by okaynow »
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Damelon

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Re: KPS pays a dividend
« Reply #98 on: November 27, 2014, 12:12:09 am »

The moderators are doing the community a dishonor by allowing posters like him to come here.

Just to say: we read all your reports and we can sympathise with your situation.
However, with the team we have, it's very hard to research every report as thorougly as possible.

I am not inclined to delete posts, however much you want that.
This is not because we want you to be trolled, but because taking action will confuse the issue even more, and also drag ús into a dispute that is between poster and poster.

We have a very simple set of rules on the forum for that very reason, and believe me, if people break those, we take swift and clear action.

However, in situations where this is not clear, and in which we would need to do extensive reading to even find what the issue is about, we cannot and will not just step in and take actions that may be even worse.

We will nót take sides in disputes over assets or the handling of assets. We simply do not have the man hours to do this.

I will say that the whole discussion is taking a distinctly vicious tone, which if experience teaches anything, will most probably lead to at least warnings being issued.
Once a point is made, it's made. No real need to belabor it.
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printshop

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Re: KPS pays a dividend
« Reply #99 on: November 27, 2014, 04:47:28 am »

I will say that the whole discussion is taking a distinctly vicious tone, which if experience teaches anything, will most probably lead to at least warnings being issued.
Once a point is made, it's made. No real need to belabor it.

Great :) I'll hold you to that.
« Last Edit: November 27, 2014, 04:51:38 am by printshop »
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okaynow

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Re: KPS pays a dividend
« Reply #100 on: November 27, 2014, 10:50:03 am »

Not only the pages are wiped clean, but after the link between KPS and usagi was shown,
printshop added his robots.txt

Code: [Select]
# robots.txt
User-agent: ia_archiver
Disallow: /
User-agent: *
Disallow:
Crawl-delay: 5
Disallow: /wordpress/

Now the cached pages showing the 2012 copyright work on his blog is made by one of the most notorious scammers of bitcointalk on printshop's lost blog pages are hidden/ 

Why would you remove access to that? Was there any harmful info left?
And why "add" an index page AFTER you were shown to be wiping the trails?

Printshop is wiping his tracks.
A house of cards can only last that long, printshop.

You can continue insulting me and ignoring my points, the rest of the users are reading.
You can appeal to the mods and report and even ban me.

It only serves my point, when the questions are cornering you, you resort to dirty tactics, name calling, trolling accusations, accusations of sockpupetry, calls to users to ignore the annoying voices, calls to mods to "do the right thing and ban the annoying one"

More people need to step up.
Google "usagi" and read about his adventurous series of assets on bitcointalk, make a comparison.
Read how user "usagi" responds to critics, and compare his posting attitude with printshop.
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printshop

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Re: KPS pays a dividend
« Reply #101 on: November 27, 2014, 11:46:06 am »

Now the cached pages showing the 2012 copyright work on his blog is made by one of the most notorious scammers of bitcointalk on printshop's lost blog pages are hidden/ 

Why do you keep claiming the pages are wiped clean when they're still there? Why do you keep claiming I am usagi? Unfortunately for you, usagi sold his sites, and I have proof from CIRA of a registrar transfer in early 2013. He also sold hotwallet.ca to starsoccer. So fuck you.

Also, looking over the OTC rating from starsoccer to usagi, i'm not sure where you are getting scammer from, he has positive ratings from everyone except the assbot trolls. Many of whom are banned from bitcointalk for behavior just like yours.

Take the hint, if anyone believed anything you had to say they would chime in. Go back to bitcointalk or wherever you came from. You don't belong here.
« Last Edit: November 27, 2014, 11:55:21 am by printshop »
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okaynow

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Re: KPS pays a dividend
« Reply #102 on: November 27, 2014, 12:09:29 pm »

Now the cached pages showing the 2012 copyright work on his blog is made by one of the most notorious scammers of bitcointalk on printshop's lost blog pages are hidden/ 

Why do you keep claiming the pages are wiped clean when they're still there?

Google says more than just the starsoccer user. BTT has threads upon threads of history.
Why dont you post a screenshot of your pages in 2012 or 2013 showing the copyright holder if they are still there?
And isn't it usagi selling the site to whoever sold it to you very coincidentally convenient?

edit: oh,hi printshop. I guess you unignored me, nice to see you again/
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printshop

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Re: KPS pays a dividend
« Reply #103 on: November 27, 2014, 12:38:55 pm »

Now the cached pages showing the 2012 copyright work on his blog is made by one of the most notorious scammers of bitcointalk on printshop's lost blog pages are hidden/ 

Why do you keep claiming the pages are wiped clean when they're still there?

Google says more than just the starsoccer user. BTT has threads upon threads of history.
Why dont you post a screenshot of your pages in 2012 or 2013 showing the copyright holder if they are still there?
And isn't it usagi selling the site to whoever sold it to you very coincidentally convenient?

edit: oh,hi printshop. I guess you unignored me, nice to see you again/

Since you want everything to be open and honest, let's. I am not hiding anything -- I am registered on Ardeva with several pieces of government photo ID. How about you? Are you even a KPS shareholder?

Why have you ignored evidence which proves that you are wrong, and refused to answer simple questions I put to you, like https://nxtforum.org/index.php?topic=4916.msg134127#msg134127 ?

Since you have no actual interest in KPS, and obviously haven't lost any money investing in my companies, I have to wonder (with a sort of "morbid curiosity") why you even bother? Is someone paying you to post these messages?

You've been asked these questions before. Why do you refuse to answer them?

okaynow

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Re: KPS pays a dividend
« Reply #104 on: November 27, 2014, 07:39:05 pm »

Since you want everything to be open and honest, let's. I am not hiding anything -- I am registered on Ardeva with several pieces of government photo ID. How about you? Are you even a KPS shareholder?

Why have you ignored evidence which proves that you are wrong, and refused to answer simple questions I put to you, like https://nxtforum.org/index.php?topic=4916.msg134127#msg134127 ?

Since you have no actual interest in KPS, and obviously haven't lost any money investing in my companies, I have to wonder (with a sort of "morbid curiosity") why you even bother? Is someone paying you to post these messages?

You've been asked these questions before. Why do you refuse to answer them?

Oh, do i have your attention now? Really? Stop deflecting.
You are not in a position to ask now. You should accept questions in good faith.
But now it's late. You know it, dont you?

let me quote you:
You've been asked these questions before. Why do you refuse to answer them?

https://nxtforum.org/asset-exchange-general/kps-pays-a-dividend/msg133903/#msg133903
this is my very first post in any of your threads.

Start asnwering those questions, first.

All i asked was that you clarified and acknowledged your idea of a fair price for KPS
and a KPS/Safehash swap ratio.


You could have just answered these two questions, none of this would have happened, have you realised it yet?
I don't give a flying fly about ardeva printshop. I asked for clarity in a good and polite manner, so many times.

It does not matter if ardeva has your id.
It does not matter if i am a shareholder or not, you could not verify that in any way.

It does not matter who i am, i am not starting and closing multiple assets in multiple fields
i know nothing about with other peoples' money.
Nor do i change my activities, copying anything remotely more profitable every other week.

I never even accused you of anything.
I merely started digging when you made it clear that instead of answering questions people asked more than once, you attacked.

What really matters is your reaction to my simple questions. Your reactions do not breed trust.

You are the one throwing accusations, read your posts. For those accusations, as well as for your PM expressions
 i would expect a public apology.

to quote you once again, from your own responses to my call for information:

Okay, you be Frank, I'll be Mary.
Hi Frank, how ya doin'? How ya doin?

You're a very new poster, who is obviously a sock puppet of another, and you're asking questions which have been answered several times before...

...if you're not a troll, please stop posting here. You may PM me with your questions. Let me make that clear; don't post here again, you are spamming my thread with questions which have already been answered (both publicly and privately).

Get this one:
I mean come on, the very reason KPS is closing is because the profits are being used to guaranty the loan from NxtGlaive.

How.On.Earth. can the profit from a closed (shutdown) asset guarantee anything?
HOW can a closed asset have profit?
WHY would an unlicenced & legally registered federal corporation/investment fund from Canada that we cant look up touch any of your unregulated stuff, when you are closing down because as you say they are unprofitable?

Dont try to deflect anything, if you want to be taken seriously, unlike my "incredulous" self.
Just answer my initial two questions publicly and in a crystal clear manner.
« Last Edit: November 27, 2014, 07:42:27 pm by okaynow »
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printshop

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Re: KPS pays a dividend
« Reply #105 on: November 27, 2014, 08:51:31 pm »

Oh, do i have your attention now? Really? Stop deflecting.
You are not in a position to ask now. You should accept questions in good faith.
But now it's late. You know it, dont you?

Yes, you have my attention, and you will tell us who you are and what your interest is in KPS, or you will be ignored. Good day.

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Re: KPS pays a dividend
« Reply #106 on: November 27, 2014, 09:02:20 pm »

Notice:

Will the owner of address NXT-CSMZ-VJV5-YVVP-5FZQU please contact me by PM or e-mail? We didn't discuss how many SafeHash (or what other assets) you want, so I don't know how many to transfer. I will send 1300 right away, please PM me and we can discuss how many more you are owed.

Roger.

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Re: KPS pays a dividend
« Reply #107 on: November 28, 2014, 01:41:33 am »

In his defense, I think okaynow is 100% not a socket puppet but an actual person interested in crypto, I find this thread disturbing that he has been dismissed like this. No offense printshop.

He may speak english as a second language, but who can hold that against him?
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printshop

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Re: KPS pays a dividend
« Reply #108 on: November 28, 2014, 06:45:21 am »

In his defense, I think okaynow is 100% not a socket puppet but an actual person interested in crypto, I find this thread disturbing that he has been dismissed like this. No offense printshop.

He may speak english as a second language, but who can hold that against him?

He hasn't been dismissed, I've answered his questions several times. He has been ignored. He repeats his questions, becoming more aggressive each time. Don't you find that strange? This is his first post in the discussion:

so printshop, what exactly is happening now?  Your swift and announced decisions are not really helpful.
Why not having this discussion in the open, instead of a pm?

I would think that the terms would be same for every user, so just be kind enough and explain to us the procedure
and terms and conditions, please.

I'm sure that most users will benefit from having an open and transparent way of closing this asset down and
moving ahead.

I am completely confused, none of your threads are completely clear on the matter.

Are you buying at prices 5%-10% more than what each user bought in?
Or are you swapping for safehash and at what ratio?

or are you accommodating both options?

I did in fact respond to him right away (next post) and answered his questions about the swap ratio and why things were being handled in PM. But he wasn't interested in an answer. As soon as I saw his next few posts, repeating the same questions and becoming more aggressive, I knew he was only here to cause trouble.

When you run into a poster like this, you have to be really careful, they aren't really looking for answers, they're looking to trash you and screw you over. I've seen it before. They never really understand anything, but they're sharp as a tack when it comes to "investigating" you. Funny how that works ehh?

To date five different shareholders have exchanged for SafeHash or other assets. No one has lost any money at all. No single shareholder has complained. But look at okaynow, ignored my responses and Satoshi's screenshot by screenshot instructions. Why does no one else have a problem except him?

Do not be surprised that there is controversy over SafeHash and NxtGlaive, pf. I want you to be a part of this. There is a lot of good we can do on a project like this. Once SafeHash enters phase 2, you will understand. Join us :)
« Last Edit: November 28, 2014, 07:01:50 am by printshop »
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okaynow

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Re: KPS pays a dividend
« Reply #109 on: November 28, 2014, 09:12:10 am »

In his defense, I think okaynow is 100% not a socket puppet but an actual person interested in crypto, I find this thread disturbing that he has been dismissed like this. No offense printshop.

He may speak english as a second language, but who can hold that against him?

He hasn't been dismissed, I've answered his questions several times. He has been ignored. He repeats his questions, becoming more aggressive each time. Don't you find that strange? This is his first post in the discussion:

so printshop, what exactly is happening now?  Your swift and announced decisions are not really helpful.
Why not having this discussion in the open, instead of a pm?

I would think that the terms would be same for every user, so just be kind enough and explain to us the procedure
and terms and conditions, please.

I'm sure that most users will benefit from having an open and transparent way of closing this asset down and
moving ahead.

I am completely confused, none of your threads are completely clear on the matter.

Are you buying at prices 5%-10% more than what each user bought in?
Or are you swapping for safehash and at what ratio?

or are you accommodating both options?


I did in fact respond to him right away (next post) and answered his questions about the swap ratio and why things were being handled in PM.

But you did not answer any of my questions anywhere. You pointed at the locked thread and at your safehash threads where you "hinted" that a swap "might" be accomodated/ Not clear, not concise, not assuring of anything.

You argued that "people pay various prices", which is irrelevant.
Vague descriptions everywhere.

Why did satoshi have to come to your rescue? Is he the manager of your asset?
It is your responsibility to inform whoever asks for info, satoshi is not a KPS spokesperson. Or is he?

Users buying your crap, are not entering an agreement with satoshi, or anyone else except you.
Why should i care about what some other issuer says? I cared more about you NOT answering and others coming to support their investments.

That is not an answer printshop, that is you evading questions.
Show me and everyone else one post where you clearly state the prices i asked for in NXT and not in terms of an oracle.

Aggression is evident in your public and private discussions with me. The questions are so simple and so much repeated that you missed them on purpose.

You are making wild accusations, and you are actively and aggressively pushing the safehash crap on the people.
You are pretending to not notice my questions, you are doing it wrong.

"I've bought the safehash back up my self,  hurr durr, you are in a safe boat, hurry up and buy my ponzi" is part of your routine.
"KPS (an one person company, managed by you) entered a deal with safehash(another one person company managed by you)"
"NxtGlaive came along and is throwing thousands of dollars my way for backing a loan, which is guaranteed by the profits of my closed company"

Horseshit, thats what we call these statements where i come from, printshop

You are making statements that eight year olds can refute.
You still have not shown anywhere, what is a fair price and what is the ratio for kps/safehash.

Your responses, actions and reactions, the way you dismiss nd ignore whatever you feel you are too big to explain is evident of what will happen to peoples coins soon. Why are you in such a rush, oh almighty manager?

Scammers like you are here only to milk this cow.
If you cared about the future of your assets you would not be dismissive of those two questions/
You are changing assets so soon only to keep the ponzi alive.

You cant, everyone is on to you.

Tell me what is your fair buyback price in exact numbers
and tell me what is the KPS/safehash ratio.

EDIT: why do people have to FIRST pay you to join the boat, and THEN understand how profit will come?
It should be the other way around, no?
« Last Edit: November 28, 2014, 09:22:53 am by okaynow »
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printshop

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Re: KPS pays a dividend
« Reply #110 on: November 28, 2014, 09:43:19 am »

You are making wild accusations, and you are actively and aggressively pushing the safehash crap on the people.

"I've bought the safehash back up my self,  hurr durr, you are in a safe boat, hurry up and buy my ponzi" is part of your routine.

Horseshit, thats what we call these statements where i come from, printshop

You are making statements that eight year olds can refute.

Scammers like you are here only to milk this cow.

Dear anonymous troller:

Thank you for writing us today with your accusations that we are running a ponzi. This gives us the opportunity to show everyone once again how rock-solid our books are. You can check them yourself by visiting nxtreporting.com/?a=NXT-X5EF-HTB2-RLYU-HW8E7 -- they're public.

Data from: nxtreporting.com/?a=NXT-X5EF-HTB2-RLYU-HW8E7

Code: [Select]
Asset Shares last price total
USDbitfnx 1547.9 52 80490.8
HRNXTPool 193 56 10808
STSH 1360 54 73440
SAAS 47 69 3243
HRLTCGear 104400 1 104400
ltc2nXt 68 25 1700
LTCshare2G 0 126.2601 0
iHash 1103 9.9 10919.7
MMNXT 0 1.49 0
MIC 762500 0.002 1525
gNxt 10000000000 0.00000001 100
RGDO 5 0.81 4.05
ltc2nxt2 2000 25 50000
-----------------------------------------
NXT and open orders 25902
---------------------------------------
TOTAL 362532.55
Payable Shares 164127
Backing Per Share 2.20885381

As you can see, we maintain more than 2 NXT in backing for every 1 share we have sold (50,000 shares held by me are being used as "backing tickets" and do not carry a guarantee).

So in other words, not only do we have all of our investor's money on hand and ready to go, we have an additional 1 NXT invested for them into mining. I realize that to you, this is a "ponzi". But if this is the definition of "ponzi" then a "ponzi" is a good investment.

We are currently stabilizing around 200,000 shares sold (150,000 + backing shares), and will increase our leverage until we are leveraged 3 for 1 (not just 2 to 1). At that point, "50%" of 2 NXT invested into mining per 1 NXT per share will make SafeHash the highest paying asset money can buy, but with a unique feature; should anything happen to the actual investment, you will get your 1 NXT back.

If you sit down and think about the supply-demand dynamics of where this is going to go in aftermarket, I believe you will come to the same conclusion our shareholders have :) Good luck, and keep those questions coming!
« Last Edit: November 28, 2014, 09:46:28 am by printshop »
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polylux

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Re: KPS pays a dividend
« Reply #111 on: November 28, 2014, 12:16:06 pm »

I'm a rather small/"hobby" NXTer and have put up my eleven shares @ 20NXT for sale. This might be a small amount to the most of you but I could quite need it to reinvest this quite-a-portion of my NXT. Now the thing is that more and more ppl put in cheaper sell orders leading to kind of a "starvation" effect to mine.
My question is: Is it granted, that all (plausible) sellings will be bought up sooner or later?
Oh, and while I'm at it: How many SafeHash shares would I get for that?

Thanks for any clarification!
p.
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okaynow

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Re: KPS pays a dividend
« Reply #112 on: November 28, 2014, 12:20:43 pm »

ah, printshop, i see, you can't hear me over the sound of the cherries you pick

Quote
Cherry picking (fallacy):
Cherry picking, suppressing evidence, or the fallacy of incomplete evidence is the act of pointing to individual cases or data that seem to confirm a particular position, while ignoring a significant portion of related cases or data that may contradict that position. It is a kind of fallacy of selective attention, the most common example of which is the confirmation bias. Cherry picking may be committed intentionally or unintentionally. This fallacy is a major problem in public debate.

Cherrypick this:
Asset Issuers/Managers who rebounded with different products and services and offered first profits to help pay people back:
-Usagi
(is on record stating that profits from book sales and kongzi.ca will be used to pay back loan holders and bold holders).
source: scam accusations, btt https://bitcointalk.org/index.php?topic=113708.0

or, better yet, cherrypick this:
https://bitcointa.lk/threads/kongzi-ca-going-live-investment-presales-opportunities.73238/
usagi through kongzi.ca is selling what??

i can see the first scammer tag of nxtforums designed especially for you.


« Last Edit: November 28, 2014, 12:34:50 pm by okaynow »
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duluth

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Re: KPS pays a dividend
« Reply #113 on: November 28, 2014, 12:42:46 pm »

Ouch!
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printshop

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Re: KPS pays a dividend
« Reply #114 on: November 28, 2014, 01:09:51 pm »

I'm a rather small/"hobby" NXTer and have put up my eleven shares @ 20NXT for sale. This might be a small amount to the most of you but I could quite need it to reinvest this quite-a-portion of my NXT. Now the thing is that more and more ppl put in cheaper sell orders leading to kind of a "starvation" effect to mine.
My question is: Is it granted, that all (plausible) sellings will be bought up sooner or later?
Oh, and while I'm at it: How many SafeHash shares would I get for that?

Thanks for any clarification!
p.

It would be easier to do this in PM so we don't clutter up the thread. I'll take you through the process of determining how much you paid for KPS, and we will do a 1 for 1 transfer.

There's a 25,000 NXT bid order for SafeHash shares, so you can sell out right away if that's what you want to do :)

printshop

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Re: KPS pays a dividend
« Reply #115 on: November 28, 2014, 01:11:40 pm »

Ouch!

I agree -- where's that warning, Damelon? You should have just deleted him when I reported the spammy attack posts earlier, he obviously isn't going to stop.

okaynow

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Re: KPS pays a dividend
« Reply #116 on: November 28, 2014, 01:12:44 pm »

I'm a rather small/"hobby" NXTer and have put up my eleven shares @ 20NXT for sale. This might be a small amount to the most of you but I could quite need it to reinvest this quite-a-portion of my NXT. Now the thing is that more and more ppl put in cheaper sell orders leading to kind of a "starvation" effect to mine.
My question is: Is it granted, that all (plausible) sellings will be bought up sooner or later?
Oh, and while I'm at it: How many SafeHash shares would I get for that?

Thanks for any clarification!
p.

It would be easier to do this in PM so we don't clutter up the thread. I'll take you through the process of determining how much you paid for KPS, and we will do a 1 for 1 transfer.

There's a 25,000 NXT bid order for SafeHash shares, so you can sell out right away if that's what you want to do :)

It would be easier for printshop to go to pm, because in pm noone can hear you scream

edit: printshop, you know it is not spam, when it is relevant to your shady business scamming people of their coins since 2012, right?

« Last Edit: November 28, 2014, 01:15:41 pm by okaynow »
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hurrikaani

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Re: KPS pays a dividend
« Reply #117 on: November 28, 2014, 01:23:15 pm »

Could the moderators do something to this spamming? Okaynow's postings remind me of that bluemeanie thread on BCT...
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okaynow

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Re: KPS pays a dividend
« Reply #118 on: November 28, 2014, 01:25:36 pm »

Could the moderators do something to this spamming? Okaynow's postings remind me of that bluemeanie thread on BCT...

my posts remind you of bluemeanie? i am not the one who holds your nxt, it is printshop/usagi.
i am only showing you his background.

just read those links, printshop is usagi, very much like bluemeanie is joshua.
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printshop

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Re: KPS pays a dividend
« Reply #119 on: November 28, 2014, 01:29:21 pm »

Could the moderators do something to this spamming? Okaynow's postings remind me of that bluemeanie thread on BCT...

Cum incidere, I just said that in my last report too.

I urge everyone to report him, we do not need attack dog spammers here.

okaynow

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Re: KPS pays a dividend
« Reply #120 on: November 28, 2014, 01:33:35 pm »

Could the moderators do something to this spamming? Okaynow's postings remind me of that bluemeanie thread on BCT...

Cum incidere, I just said that in my last report too.

I urge everyone to report him, we do not need attack dog spammers here.

Instead of urging everyone to report me, why not letting your investors know how come you and usagi have the same website selling the same japanese flashcards, the same business that went under in the very same way?

Cherrypick this:
Asset Issuers/Managers who rebounded with different products and services and offered first profits to help pay people back:
-Usagi
(is on record stating that profits from book sales and kongzi.ca will be used to pay back loan holders and bold holders).
source: scam accusations, btt https://bitcointalk.org/index.php?topic=113708.0

or, better yet, cherrypick this:
https://bitcointa.lk/threads/kongzi-ca-going-live-investment-presales-opportunities.73238/
usagi through kongzi.ca is selling what??
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hurrikaani

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Re: KPS pays a dividend
« Reply #121 on: November 28, 2014, 01:34:02 pm »

Could the moderators do something to this spamming? Okaynow's postings remind me of that bluemeanie thread on BCT...

my posts remind you of bluemeanie? i am not the one who holds your nxt, it is printshop/usagi.
i am only showing you his background.

just read those links, printshop is usagi, very much like bluemeanie is joshua.

So what?

This asset has been a success. Good dividends, paid on time and now he is cashing the investors out, with a 5-10% profit to shareholders. Yes, he is a bit ADHD with his plans, but i got the money i came here for. I'm not interested in SafeHash. Maybe someone else is, but it's not my problem and its a whole another thread.

NXT losing value is a risk with these investments. Everyone holding crypto should be aware of that and there is nothing to blame at Printshop.
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okaynow

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Re: KPS pays a dividend
« Reply #122 on: November 28, 2014, 01:36:14 pm »

Could the moderators do something to this spamming? Okaynow's postings remind me of that bluemeanie thread on BCT...

my posts remind you of bluemeanie? i am not the one who holds your nxt, it is printshop/usagi.
i am only showing you his background.

just read those links, printshop is usagi, very much like bluemeanie is joshua.

So what?

This asset has been a success. Good dividends, paid on time and now he is cashing the investors out, with a 5-10% profit to shareholders. Yes, he is a bit ADHD with his plans, but i got the money i came here for. I'm not interested in SafeHash. Maybe someone else is, but it's not my problem and its a whole another thread.

NXT losing value is a risk with these investments. Everyone holding crypto should be aware of that and there is nothing to blame at Printshop.

son, you are doing this wrong. Cheerleading for a succesfull scammer is not going to get you very far.
Offcourse there is a shitload to blame at the person that lied to the people that gave him their money.

Printshop/usagi has a proven record of misuse of funds, to put it in a polite manner.
« Last Edit: November 28, 2014, 01:39:27 pm by okaynow »
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Re: KPS pays a dividend
« Reply #123 on: November 28, 2014, 01:38:41 pm »

Okaynow,

Your attacks on him is valid if Printshop runs away with the people's money. But he is doing 1) buy-back at 5%-10% more than the value anyone bought their shares 2) Swap their KPS asset to Safehash @ un-disclosed ratio which seems to be your question. Is it wrong for an asset issuer giving a different swap ratio according to the prices they may bought KPS? If you want to do some digging maybe you can cross check nxtreporting for both the assets and find them out yourselves. Just curious with your attack, that's all.
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okaynow

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Re: KPS pays a dividend
« Reply #124 on: November 28, 2014, 01:42:53 pm »

Okaynow,

Your attacks on him is valid if Printshop runs away with the people's money. But he is doing 1) buy-back at 5%-10% more than the value anyone bought their shares 2) Swap their KPS asset to Safehash @ un-disclosed ratio which seems to be your question. Is it wrong for an asset issuer giving a different swap ratio according to the prices they may bought KPS? If you want to do some digging maybe you can cross check nxtreporting for both the assets and find them out yourselves. Just curious with your attack, that's all.

Darkhorse you know very well that nxtreporting is far from accurate. I am showing that printshop is usagi and his cons are well documented. He is repeating them here.

There is no attack. If you read the posts from the very beginning, all i asked was that he was open with every one.
He chose to play in a different field, and now we can see him for what he is.

I can understand that many users might have coins entrusted in him.
I can see that my posts might make them uncomfortable.
They should feel that way, their coins are in danger.

I cant wait to see him disappear and then come out and say "i knew it", that would be hypocritical

Dilligence is done BEFORE one throws money away/

he, on the other hand, dismissed every.single.question. so far.
But all those questions are legit.

And the fact that he is operating THE SAME WEBSITE, SELLING THE SAME FLASHCARDS, with one of the most notorious users of BTT is a huge red flag on its own.
« Last Edit: November 28, 2014, 01:46:34 pm by okaynow »
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Damelon

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Re: KPS pays a dividend
« Reply #125 on: November 28, 2014, 01:48:28 pm »

Just to be clear, there is no proof that printshop is usagi and all that has been presented here is very circumstantial evidence.
If you have real proof, produce it please.

You have two questions that are not being answered, according to you. Well and fine, that's your prerogative to ask.

However, accusations without any solid proof are just rumours.

Guys, we would appreciate it extremely if you could moderate your tone and nót start namecalling and making claims you cannot prove.
If you have *solid* proof, post it.
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Darkhorse

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Re: KPS pays a dividend
« Reply #126 on: November 28, 2014, 01:48:46 pm »

Okaynow,

Your attacks on him is valid if Printshop runs away with the people's money. But he is doing 1) buy-back at 5%-10% more than the value anyone bought their shares 2) Swap their KPS asset to Safehash @ un-disclosed ratio which seems to be your question. Is it wrong for an asset issuer giving a different swap ratio according to the prices they may bought KPS? If you want to do some digging maybe you can cross check nxtreporting for both the assets and find them out yourselves. Just curious with your attack, that's all.

Darkhorse you know very well that nxtreporting is far from accurate. I am showing that printshop is usagi and his cons are well documented. He is repeating them here.

There is no attack. If you read the posts from the very beginning, all i asked was that he was open with every one.
He chose to play in a different field, and now we can see him for what he is.

I can understand that many users might have coins entrusted in him.
I can see that my posts might make them uncomfortable.
They should feel that way, their coins are in danger.

I cant wait to see him disappear and then come out and say "i knew it"

Dilligence is done BEFORE one throws money.

I will correct my wordings. It shouldn't be "attack" but "concern". Nxtreporting yeah, sometimes it is not accurate.

I am not taking anyone's side, it was just a curiosity from my side. But i just felt you were being too hard on him. My personal opinion though. It does not have to carry any weight.
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okaynow

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Re: KPS pays a dividend
« Reply #127 on: November 28, 2014, 02:00:44 pm »

Okaynow,

Your attacks on him is valid if Printshop runs away with the people's money. But he is doing 1) buy-back at 5%-10% more than the value anyone bought their shares 2) Swap their KPS asset to Safehash @ un-disclosed ratio which seems to be your question. Is it wrong for an asset issuer giving a different swap ratio according to the prices they may bought KPS? If you want to do some digging maybe you can cross check nxtreporting for both the assets and find them out yourselves. Just curious with your attack, that's all.

Darkhorse you know very well that nxtreporting is far from accurate. I am showing that printshop is usagi and his cons are well documented. He is repeating them here.

There is no attack. If you read the posts from the very beginning, all i asked was that he was open with every one.
He chose to play in a different field, and now we can see him for what he is.

I can understand that many users might have coins entrusted in him.
I can see that my posts might make them uncomfortable.
They should feel that way, their coins are in danger.

I cant wait to see him disappear and then come out and say "i knew it"

Dilligence is done BEFORE one throws money.

I will correct my wordings. It shouldn't be "attack" but "concern". Nxtreporting yeah, sometimes it is not accurate.

I am not taking anyone's side, it was just a curiosity from my side. But i just felt you were being too hard on him. My personal opinion though. It does not have to carry any weight.

Yes, darkhorse i can understand where you are coming from. I started asking out of curiosity too.
After he called me a number of names, after a lot of both public and private irony, well i started digging.

i googled his site cache, and found usagis' copyright/
Printshop said "nothing to see here, all lies" and closed access.

THen i googled the copyright holder, and voila! printshops\ past comes alive to haunt him.

I have not been hard yet.
Do you believe we should wait for a scam to deploy its endgame before we act?
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jl777

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Re: KPS pays a dividend
« Reply #128 on: November 28, 2014, 02:04:58 pm »

Just to be clear, there is no proof that printshop is usagi and all that has been presented here is very circumstantial evidence.
If you have real proof, produce it please.

You have two questions that are not being answered, according to you. Well and fine, that's your prerogative to ask.

However, accusations without any solid proof are just rumours.

Guys, we would appreciate it extremely if you could moderate your tone and nót start namecalling and making claims you cannot prove.
If you have *solid* proof, post it.
https://bitcointa.lk/threads/kongzi-ca-going-live-investment-presales-opportunities.73238/

the above is a thread by usagi. odds that usagi == printshop seems quite high based on the similarities of kongzai, which is not the normal crypto thing. Now I have no idea who usagi is, but short of some solid refutation of the above I think we can assume that printshop is usagi.
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Re: KPS pays a dividend
« Reply #129 on: November 28, 2014, 02:08:18 pm »

Just to be clear, there is no proof that printshop is usagi and all that has been presented here is very circumstantial evidence.
If you have real proof, produce it please.

You have two questions that are not being answered, according to you. Well and fine, that's your prerogative to ask.

However, accusations without any solid proof are just rumours.

Guys, we would appreciate it extremely if you could moderate your tone and nót start namecalling and making claims you cannot prove.
If you have *solid* proof, post it.
https://bitcointa.lk/threads/kongzi-ca-going-live-investment-presales-opportunities.73238/

the above is a thread by usagi. odds that usagi == printshop seems quite high based on the similarities of kongzai, which is not the normal crypto thing. Now I have no idea who usagi is, but short of some solid refutation of the above I think we can assume that printshop is usagi.

I just went through the link. Even interesting when i saw Cunicula commented there.
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printshop

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Re: KPS pays a dividend
« Reply #130 on: November 28, 2014, 02:10:11 pm »

Just to be clear, there is no proof that printshop is usagi and all that has been presented here is very circumstantial evidence.
If you have real proof, produce it please.

You have two questions that are not being answered, according to you. Well and fine, that's your prerogative to ask.

However, accusations without any solid proof are just rumours.

Guys, we would appreciate it extremely if you could moderate your tone and nót start namecalling and making claims you cannot prove.
If you have *solid* proof, post it.
https://bitcointa.lk/threads/kongzi-ca-going-live-investment-presales-opportunities.73238/

the above is a thread by usagi. odds that usagi == printshop seems quite high based on the similarities of kongzai, which is not the normal crypto thing. Now I have no idea who usagi is, but short of some solid refutation of the above I think we can assume that printshop is usagi.

If you are reading this thread you should be aware that usagi has sold multiple sites to multiple people (I have said so, and usagi has said so in the linked post). You should also be aware that I am able to prove the site was transferred to me in early 2013. I don't even get why it is so important that I be equated with usagi. He obviously isn't a scammer based on the links that have been posted, so what is up with this crap?

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Re: KPS pays a dividend
« Reply #131 on: November 28, 2014, 02:20:39 pm »

Just to be clear, there is no proof that printshop is usagi and all that has been presented here is very circumstantial evidence.
If you have real proof, produce it please.

You have two questions that are not being answered, according to you. Well and fine, that's your prerogative to ask.

However, accusations without any solid proof are just rumours.

Guys, we would appreciate it extremely if you could moderate your tone and nót start namecalling and making claims you cannot prove.
If you have *solid* proof, post it.
https://bitcointa.lk/threads/kongzi-ca-going-live-investment-presales-opportunities.73238/

the above is a thread by usagi. odds that usagi == printshop seems quite high based on the similarities of kongzai, which is not the normal crypto thing. Now I have no idea who usagi is, but short of some solid refutation of the above I think we can assume that printshop is usagi.

If you are reading this thread you should be aware that usagi has sold multiple sites to multiple people (I have said so, and usagi has said so in the linked post). You should also be aware that I am able to prove the site was transferred to me in early 2013. I don't even get why it is so important that I be equated with usagi. He obviously isn't a scammer based on the links that have been posted, so what is up with this crap?

So, printshop "bought" the site from usagi, but never went through the process of changing the name of the site and decided to start selling japanese flashcards like usagi did, through that site. The only changes were made AFTER the link to usagi was shown.

Does that make any serious sense? obviously it is circumstantial, i'll be the first to accept that, it is nothing more than pointers.
But does it make sense, to buy a website, and change nothing on it?
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Re: KPS pays a dividend
« Reply #132 on: November 28, 2014, 02:34:57 pm »

So, printshop "bought" the site from usagi, but never went through the process of changing the name of the site and decided to start selling japanese flashcards like usagi did, through that site. The only changes were made AFTER the link to usagi was shown.

Does that make any serious sense? obviously it is circumstantial, i'll be the first to accept that, it is nothing more than pointers.
But does it make sense, to buy a website, and change nothing on it?

No, usagi wasn't selling japanese flashcards, read the post.

No, I didn't use the site at all, I used the domain name for KPS and KNS and both of them had completely different sections (KPS had a wordpress blog, and KNS had a mediawiki and a news site). I eventually got a new domain for KNS. You're grasping at straws.
« Last Edit: November 28, 2014, 02:42:00 pm by printshop »
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Re: KPS pays a dividend
« Reply #133 on: November 28, 2014, 04:48:10 pm »

Okaynow if you are serious about your accusations then please remove the adverts from your signature. You look like a troll.

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Re: KPS pays a dividend
« Reply #134 on: November 28, 2014, 04:52:33 pm »

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Re: KPS pays a dividend
« Reply #135 on: November 28, 2014, 05:41:03 pm »

duluth

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Re: KPS pays a dividend
« Reply #136 on: November 28, 2014, 05:45:47 pm »

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Re: KPS pays a dividend
« Reply #138 on: November 28, 2014, 08:57:44 pm »

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Re: KPS pays a dividend
« Reply #139 on: November 29, 2014, 02:30:39 pm »

Okaynow if you are serious about your accusations then please remove the adverts from your signature. You look like a troll.

whatnxt, if you can;t follow the point i am making because my sig distracts you and i "look like a troll", you should not take me seriously.
But, you can ask prinshop to pass you on a "SHORT ACCOUNT ID's, VANITY ID's (by KPS)"
he has promised that he "does not retain records of any kind regarding sold accounts."
source: https://nxtforum.org/aliases/for-sale-short-account-id%27s-vanity-id%27s-%28by-kps%29/
--------------------------------------------------------------------------------------------------------------------------

to the rest, you have not been waiting in vain. The NXTGlaive Affair has more to show.

Apparently usagi has been investigated by AugustoCroppo and came to the conclusion that he wasn't a scammer.

erhh, no. Augusto Croppo says otherwise, along with the rest of the users and mods there:
Quote
You should disclose to potential investors that you are not fully skilled for Japanese language teaching.
You have less than two years of Japanese language writing/speaking:
http://renli.wordpress.com/2011/06/
source: https://bitcointa.lk/threads/kongzi-ca-going-live-investment-presales-opportunities.73238/page-3#post-1259725
Quote
Qualification is a piece of paper, skill is an empirical experience. You cannot obtain a skill without a long period of practice.
Moreover, feel free to prove you are qualified. You did not presented any evidence to back up your claim.
source: https://bitcointa.lk/threads/kongzi-ca-going-live-investment-presales-opportunities.73238/page-3#post-1260223
------------------------------------------------------------------------------------------------------------------------
No, usagi wasn't selling japanese flashcards, read the post.
source: https://nxtforum.org/index.php?topic=4916.msg135371#msg135371

usagi among others was selling a "powerfull flashcard language learning program". So yes, technically he used code and printshop says he uses paper, for the same purpose, "japanese language learning"
Quote
Kongzi is a powerful flashcard language learning program that works with many different languages. It is specially designed to meet the needs of Chinese, Japanese, Korean and English language learners
source: https://renli.wordpress.com/kongzi/
------------------------------------------------------------------------------------------------------------------------
NXTGlaive(printshop) insured Safehash(an "investment" company investing in the mining sector run by printshop) against mining profits going down using as collateral the profits of KPS(printshop)
source: https://nxtforum.org/index.php?topic=6474.msg133770#msg133770

CPA(usagi) insured BMF(a bitcoin mining fund run by usagi) against BMF losing NAV. (NAV tanked, BMF, CPA holders burned, usagi profit!)
source: https://bitcointalk.org/index.php?topic=115284.msg1242916#msg1242916
----------------------------------------------------------------------------------------------------------------------
Quote
28 September 2012
Oliver Richman, aka Serena, Usagi & al had been operating a number of various assets (NYAN.A, .B, .C purporting to be some sort of bonds ; CPA purporting to be some sort of insurer ; BMF purporting to be some sort of mining thing). Appaling accounting practices, cross-deals and inter-asset gifts in disregard of shareholder's rights, solidly reinforced by completely insane business moves (buying things known to be worthless for singificant premiums etc) pretty much ensured a complete loss for investors.

The holder proceeded to have a complete mental meltdown in the forum (posts since deleted), declared famously that milk is a scammer, possibly made some efforts to repay his investors out of selling his guitar and in any event was conveniently rescued by the collapse of GLBSE and ensuing drama the next week.

Total loss : 1k BTC (estimated).

source: http://trilema.com/2012/the-bitcoin-drama-timeline/
-------------------------------------------------------------------------------------------------------------------
Quote
but we have been using our own in-house flashcard program. It's written in Java and it's called Kongzi.
https://nxtforum.org/assets-board/%28ann%29-kongzi-print-shop/msg108332/#msg108332

Quote
Kongzi Beta-7 has been in classroom-use testing for about 6 months now and it seems pretty solid
https://renli.wordpress.com/2012/03/19/kongzi-pre-beta-8-progreess-report/
-------------------------------------------------------------------------------------------------------------------
Quote
I am mainly concerned with producing for the schools I already produce for, and expanding from there into the production of our own educational materials.
source: https://nxtforum.org/index.php?topic=4740.msg98114#msg98114

Quote
We also publish and sell our own language textbooks
source: https://bitcointa.lk/threads/kongzi-ca-going-live-investment-presales-opportunities.73238/
------------------------------------------------------------------------------------------------------------------
Quote
The school I work for in the evenings
https://nxtforum.org/index.php?topic=4740.msg97224#msg97224

Quote
I've been a professional in-the-classroom language teacher for 7 years now.
https://bitcointa.lk/threads/kongzi-ca-going-live-investment-presales-opportunities.73238/page-3#post-1260423
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I am making "real" flashcards
https://nxtforum.org/index.php?topic=6474.msg135370#msg135370

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We no longer create flashcards directly from dictionary entries on the fly. Instead we allow users to create and edit their own personal flashcards with an innovative drag 'n drop flashcard creator.
https://bitcointa.lk/threads/kongzi-ca-going-live-investment-presales-opportunities.73238/page-6#post-1670046
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There's no modern Japanese textbook in English which is targeted for the modern N5 except the one we have.
https://nxtforum.org/index.php?topic=4740.msg97224#msg97224

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This will be one of the only JLPT N5 textbooks in English, in the world.
https://bitcointa.lk/threads/kongzi-ca-going-live-investment-presales-opportunities.73238/page-3#post-1260437
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I am learning Japanese and Chinese myself
https://nxtforum.org/index.php?topic=4740.msg98114#msg98114

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I finally decided to start learning Japanese. I've been learning Chinese for 20 years
https://bitcointa.lk/threads/kongzi-ca-going-live-investment-presales-opportunities.73238/page-3#post-1259725
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awesome snippet taken from irc, usagi/prinshop trying to hire trolls

https://bitcointalk.org/index.php?topic=110350.msg1222147#msg1222147
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reading material aka food for thought

https://bitcointa.lk/threads/kongzi-ca-going-live-investment-presales-opportunities.73238/

https://bitcointa.lk/threads/critique-of-the-various-businesses-run-by-usagi.68808/#post-1167603

https://bitcointa.lk/threads/usagi-falsifying-navs-manipulating-share-prices-and-misleading-investors.68085/#post-1154884

https://bitcointa.lk/threads/glbse-bitcoin-mining-fund-see-post-2-for-faq.52782/
(heavily redacted by the OP, usagi himself)

https://groups.google.com/forum/#!msg/rec.martial-arts/ly5cmb5i8bc/aBX3EztwQ4YJ

https://bitcointa.lk/threads/sign-up-to-iknow-jp-for-me-60-for-7-bitcoins.71567/#post-1225056

https://renli.wordpress.com/kongzi/
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What was that again, printshop? Oh right, coincidences.

And an appeal to the mods: You should rethink the policy of giving mod rights to asset issuers.
« Last Edit: November 29, 2014, 02:38:20 pm by okaynow »
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printshop

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Re: KPS pays a dividend
« Reply #140 on: November 29, 2014, 02:41:40 pm »

Quote
28 September 2012
Oliver Richman,

Please note I'm registered on Ardeva with government photo ID, bank reference letters, employment letters and the like, and that isn't my name. Further, this usagi you keep bringing up obviously isn't a scammer, he has a very positive OTC rating and zero negative feedback on bitcointalk.

https://ardeva.com/verify/A5479DB0B68EAE1A61201683

You have been told this several times. Can we ban this troll now pls? Thanks.
« Last Edit: November 29, 2014, 02:43:44 pm by printshop »
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okaynow

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Re: KPS pays a dividend
« Reply #141 on: November 29, 2014, 02:46:14 pm »

Quote
28 September 2012
Oliver Richman,

Please note I'm registered on Ardeva with government photo ID, bank reference letters, employment letters and the like, and that isn't my name. Further, this usagi you keep bringing up obviously isn't a scammer, he has a very positive OTC rating and zero negative feedback on bitcointalk.

https://ardeva.com/verify/A5479DB0B68EAE1A61201683

You have been told this several times. Can we ban this troll now pls? Thanks.

i told you, i dont pay attention to ardeva.

On the other hand you can scroll down to the "food for thought" links i posted.
There, another coincidence awaits.
usagi has been trying to sell his guitar among other things.
So, yeah, another coincidence there i guess.
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whatnxt

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Re: KPS pays a dividend
« Reply #142 on: November 29, 2014, 04:09:44 pm »

OkayNow,

This is all very entertaining but you seem to be missing out the important bits:

Usagi mistakenly or otherwise made commitments that could not be met when the price of BTC skyrocketed.
You can read his version of the story here: https://bitcointalk.org/index.php?topic=115284.msg1242847#msg1242847

The question is, has PrintShop done the same?
If the price of NXT where to rise rapidly what would happen to SafeHash?

Could the new commitment to pay 24000 NXT per month for 30 months to pay of the loan from NXTGlaive be met?
Could the original commitment to return 1 NXT/share to investors be met?

PrintShop?
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okaynow

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Re: KPS pays a dividend
« Reply #143 on: November 29, 2014, 04:17:26 pm »

OkayNow,
This is all very entertaining but you seem to be missing out the important bits:

My english is far from perfect.
What does cognitive dissonance mean?

You already said that my sig makes me "look like a troll", completely disregarding my message at the time.
Now you are trying to tell me that although usagi and printshop have more than 5 common elements,
i should wait for him to disappear?

Whatnxt, maybe you should go one page back and follow that long post filled with more than 10 instances where
usagi and prinshop are explaining the same ideas, the same projects, on the same website.

And another thing whatnxt. I can see that you are eager to lend a hand, can you explain to us
what is NXTGlaive, how does it make money, who is behind it, where is it located, and why did it choose printshop?

Because printshop will not tell us. Do you have any info we could use?
« Last Edit: November 29, 2014, 04:21:24 pm by okaynow »
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whatnxt

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Re: KPS pays a dividend
« Reply #144 on: November 29, 2014, 05:12:07 pm »

In psychology, cognitive dissonance is the mental stress or discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time, or is confronted by new information that conflicts with existing beliefs, ideas, or values.
See: http://en.wikipedia.org/wiki/Cognitive_dissonance

I suffer no mental stress from this discussion. Holding two contradictory beliefs is probably a requirement for investing here.

So holding the belief that you are trying to help and the belief that you are only here to advertise, is not a problem. It would help your case, though, if we did not have to do this.

PrintShop may or may not be Usagi, so far you have some evidence that they have walked similar paths.

Usagi may or may not have been a scammer. It is often hard to tell. Just because things end badly, it does not mean they started with bad intentions. So far I have seen nothing that suggests they started with bad intentions. Or did I miss something?

Sadly, I know nothing about the origins of NXTGlaive and more particularly:

What happens if SafeHash misses a payment?

What happens if SafeHash cannot pay at all?

These are all good questions for PrintShop.
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printshop

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Re: KPS pays a dividend
« Reply #145 on: November 29, 2014, 05:57:27 pm »

If the price of NXT where to rise rapidly what would happen to SafeHash?
Could the new commitment to pay 24000 NXT per month for 30 months to pay of the loan from NXTGlaive be met?
Could the original commitment to return 1 NXT/share to investors be met?

Sadly, I know nothing about the origins of NXTGlaive and more particularly:
What happens if SafeHash misses a payment?
What happens if SafeHash cannot pay at all?
These are all good questions for PrintShop.

Thanks for asking. I'm always happy to answer questions.

SafeHash's backing is valued at 199,122 NXT and is comprised of various assets such as Coinomat, STORMWIND, and USDbitfinx. Our USDbitfinx is worth about 85,000. This backing is kept in strict proportion to the number of shares we sell, while the mining assets are a "soft restriction" meaning we act to keep the value of our mining assets greater than the amount of backing (but this is actually irelevant to guaranteeing 1 NXT per share). Our current figures are mining 183,097, backing 199,122, and payable shares 164,127. This means that we currently have about 35,000 extra backing with which we could sell new shares, or buy more mining, and still have the capacity to trade assets for 1 NXT per share should all mining go to zero.

If NXT suddenly appreciated in value, the question is, how would we continue to guaranty 1 NXT per share? The answer is that we maintain a margin of safety such that it is reasonable to assume we will be able to meet any rise in NXT. For example, I just pointed out we have an extra 35,000 NXT in backing assets. Should the price of NXT suddenly double, and our USDbitfinx fall  by 40,000 NXT, we will still have roughly enough to cover all sold shares. This margin of safety is currently being expanded by the accumulation of NXT (via our right to retain 25% of profits per week). Right now we're small enough, and have a large enough margin of safety, that a sudden currency fluctuation will not hurt the fund. But this is indeed a very important issue for the future. We're very bullish on NXT, we are aware of the dangers of currency fluctuation, and we are accumulating NXT to insulate ourselves from even the most remote chance of a problem.

After this week's dividends we expect to have 40,000+ NXT (NXT, not assets) in addition to asset backing. Within another six weeks we expect to have the fund fully backed by NXT.

We like to keep this backing very visible by placing very large bid orders for SafeHash shares. There's currently an order up for 14,000 shares which I plan to increase to 25,000 after this week's dividends. This helps investors sell out at any time without losing any money.

The next questions are about NxtGlaive. To understand the NxtGlaive situation, you have to understand that there are four parties in this room.
1. Shareholders, who are guaranteed:
- 50% of profit from the mining assets we invest in,
- a guaranteed buyout at 1 NXT

2. SafeHash, which maintains NXT and mining assets in on behalf of shareholders, such that #1 can be guaranteed.

3. KPS
- Private company, dealing solely with NxtGlaive

4. NxtGlaive, who is investing in the backing of SafeHash and is not concerned with the operation of SafeHash.

Note that regardless of what happens to #3 and #4, so long as SafeHash retains 1 NXT per share, investors are protected. The loan, KPS, NxtGlaive, and currency fluctuataions are red herrings. Nothing which happens to NxtGlaive or KPS matters to SafeHash investors.

From SafeHash's perspective, investors are buying a product and NOT shares in the underlying company "SafeHash". To oversimplfy, SafeHash has obtained all of KPS's assets and is repurchasing KPS shares out of the sale of those assets and the ongoing retained profits of SafeHash, while the actual cash profit of KPS is being used to buy NXT and pay NxtGlaive.

In short, all investors care about is the fact that SafeHash contains the appropriate mining and non-mining assets, and a significant amount of NXT to cover currency fluctuations.
This makes the question "What if SafeHash cannot pay at all" irrelevant, because it is obvious that SafeHash contains all the required assets to complete these goals.

There is however one question I have not been asked and that is "Why/How"? Since, obviously, we could just invest into mining ourselves and keep all the profits. The answer is simple. Risk.

If we just invested into mining, we stand to lose ALL our money.

If we create an asset like SafeHash, we use the return to guarantee the existing debt. Our personal return is lower -- in this case just 25% to 50% of the profit from mining. But our risk goes to zero over time. This makes sense when you consider that real world companies often pay just 3% per year. Like Johnson and Johnson. Or Bell Telephone. We are more than happy to get 3% per WEEK with zero risk -- this is even less risk than investing in Bell Telephone. SafeHash is essentially just a form of disciplined investing, where we occasionally "take profits" and as such cannot "lose money" past a certain point.

I hope this has been clear, if there's anything else just ask!
« Last Edit: November 29, 2014, 06:14:06 pm by printshop »
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okaynow

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Re: KPS pays a dividend
« Reply #146 on: November 29, 2014, 11:04:14 pm »

In short, all investors care about

You should avoid dictating and defining what others care about. You are not in a position to do so.
Answering their questions is not a favour you are making, it is part of your duties as the issuer.
Ignoring what they might care about and selectively answering with paragraphs after paragraphs of buzzwords might manage to put them to sleep though, and take some pressure off your back.

i have more questions, they are piling up, and lots of them are hanging in limbo.
There is however one question I have not been asked and that is "Why/How"?

Oh, but yes, you have been asked, multiple times, in multiple variations. You only choose to ignore the ones you cant really answer.
For instance, right between the two posts of whatnxt you are quoting, there is this set of questions, that are
very relevant to all interested parties:

what is NXTGlaive, how does it make money, who is behind it, where is it located, and why did it choose printshop?
Because printshop will not tell us. Do you have any info we could use?

These questions have been asked again by others, care to give them a try?
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pf

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Re: KPS pays a dividend
« Reply #147 on: November 29, 2014, 11:13:34 pm »



guys im getting popcorn in my keyboard, jeez
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hurrikaani

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Re: KPS pays a dividend
« Reply #148 on: December 01, 2014, 07:44:05 pm »

Could i ask for more specific time for the buyback? I lowered my ask to 14.898, which is almost the same, what i paid for the shares. I'm willing to not profit from the buyback, if you could free up my capital for reinvesting.  :)
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printshop

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Re: KPS pays a dividend
« Reply #149 on: December 01, 2014, 08:00:42 pm »

Could i ask for more specific time for the buyback? I lowered my ask to 14.898, which is almost the same, what i paid for the shares. I'm willing to not profit from the buyback, if you could free up my capital for reinvesting.  :)

I'm in the process of moving some money into NXT, there are a couple wires that should go through this week and I will be able to buy back several thousand more shares. That being said, the fastest way to get value is convert to safehash. Demand is strong for safehash and you should be able to sell out for .995 on the NXT without too much trouble. You will have to PM me to discuss the ratio, as mentioned, since we don't know what you paid for your KPS.

hurrikaani

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Re: KPS pays a dividend
« Reply #150 on: December 01, 2014, 08:06:56 pm »

I contacted you through PM and i'm removing the sell order now.
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hurrikaani

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Re: KPS pays a dividend
« Reply #151 on: December 02, 2014, 10:14:39 am »

I'm a believer in the idea of transparency, so i though i could share the details from my KPS --> SafeHash swap. It happened fast, with the ratio 1:1 NXT to SafeHash. He was very polite with the messaging and i'm personally happy about it. I could have got a better price for the KPS i had, like he mentioned, by just waiting for max. two weeks, but i just my wanted capital to be released.

Overall, KPS was a success for me.  :)
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RAlex

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Re: KPS pays a dividend
« Reply #152 on: December 07, 2014, 04:11:05 pm »

I'm a believer in the idea of transparency, so i though i could share the details from my KPS --> SafeHash swap. It happened fast, with the ratio 1:1 NXT to SafeHash. He was very polite with the messaging and i'm personally happy about it. I could have got a better price for the KPS i had, like he mentioned, by just waiting for max. two weeks, but i just my wanted capital to be released.

Overall, KPS was a success for me.  :)

Same here. I just swapped my KPS to SafeHash with 8% gain. Nothing to complain about since I bought it. Went fast and smooth.
Thanks Printshop.
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Zahlen

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Re: KPS pays a dividend
« Reply #153 on: December 11, 2014, 03:49:44 am »

Just to let folks know, printshop just bought up the 251 KPS I had @ 20.9. I really like all the recent feedback here, from actual investors about actual things going on with the asset. We should do this much more often, especially while the assets are still active, rather than when things are closing down.

printshop, thanks for all the dividends, and generous buyback :) It's a shame the fundraising didn't work out like you hoped, and it seems like you've sunk a lot into the whole process, both NXT and time. There's a large, and rapidly growing market for language learning, I hope you recoup your $ soon, and Kongzi Print Shop and your school continue to help more people learn.

Mining's not my thing, so I won't be buying into SafeHash or BearMining. But best wishes for them, and future endeavours.
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printshop

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Re: KPS pays a dividend
« Reply #154 on: December 11, 2014, 06:07:23 am »

Just to let folks know, printshop just bought up the 251 KPS I had @ 20.9. I really like all the recent feedback here, from actual investors about actual things going on with the asset. We should do this much more often, especially while the assets are still active, rather than when things are closing down.

printshop, thanks for all the dividends, and generous buyback :) It's a shame the fundraising didn't work out like you hoped, and it seems like you've sunk a lot into the whole process, both NXT and time. There's a large, and rapidly growing market for language learning, I hope you recoup your $ soon, and Kongzi Print Shop and your school continue to help more people learn.

Mining's not my thing, so I won't be buying into SafeHash or BearMining. But best wishes for them, and future endeavours.

Thanks. I guess it's okay to lock the thread now. I've placed a bid at 13 for all remaining shares and will buy out anything anyone puts on ask within a couple of days (to be honest I just don't check it that often anymore).

I will post some pictures of the school over the coming months and years. One day, when the time is right, I would like to retire from all this... "mining"... and return to the arts.
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