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Good morning all,

With a great pleasure it is announced that STSH has delivered its first dividend to its asset holders.

We had no plans for extra bonus, but after discussion we decided to make it a special surprise for our asset holders. As abundant funds were available, we have delivered triple dividends today.

Current value of reinvestment fund: 1122-63= 1059 NXT

Our 2nd dividend will be paid next Monday 14/7/14 around 10:00 GMT (All STSH asset holders of record at 23:59 GMT 13/7/14)

Our 2nd dividend payment is coming up in less than 12 hours.

We sold 2220 STSH assets out of the total 2500 phase assets (about 88.8% phase 1 asset sold in week 2) 
We sold 210 STSH assets out of the total 2500 phase assets (about 10% phase 1 asset sold in week 1) 

Only 70 STSH assets left at phase 1 prices.

Round 2 STSH assets will be sold at 30 NXT each

Here is the break down of our income for week 2:

Crypto Stock Dividend payments:
BTC Funds:  0.03850010   approximately 520 NXT @ today's NXT/BTC rate hovering around .00007400
NXT Funds:  0 NXT

Mining Operation Earnings:
BTC FUNDS: 0.0212   approximately 286 NXT @ today's NXT/BTC rate hovering around .00007400

Arbitrage Trading Fund:
BTC FUNDS: 0.0365   approximately 493 NXT @ today's NXT/BTC rate hovering around .00007400
NXT FUNDS: 500 NXT

Brick & Mortar Assets (listed on NXT AE):
NXT FUNDS: 0 NXT

Weekly Analysis:
Our diversified investing strategy is working out pretty nicely in the current environment. This week was particularly good for trading sector.
Our earnings for second week of July are approximately 1799 NXT.
Total STSH assets sold= 2430
Total dividend payment for week 2= 2430 x 0.3 = 729 NXT

The remaining fund of 1070 NXT will be moved into a reinvestment fund which is designated for future dividend reimbursements once all three phases of IPO are completed successfully. In the meantime we will be using this fund for short term investments on NXT AE.

Current value of reinvestment fund: 1059+1070 = 2129 NXT

GO NXT

STSH ROI updated

After completion of round 2 of IPO we plan to add .1Gh/s to each STSH asset.
 .3 Gh/s haying power will be assigned to each STSH asset after completion of round 3 of IPO.

Why is this important?
.3 Gh/s may not seem to be large but for larger shareholders this can mean a steady reliable income stream.

For example if Investor X owns 1000 STSH that means earnings from 300 Gh/S guaranteed each week. In today's rates, 1 Th/s profitability is .029 BTC/day. With all overhead expenses we are projecting our net income to be .015 BTC/day per Th/s.

Apart from our other diversified income sources Investor X can be sure to earn .05 BTC per day for his 1000 STSH investment.
At the end of week he will receive 0.35 BTC, almost 500 NXT per week exclusively from assigned Gh/s value.

 
We are already generating more revenue than the guaranteed payout for round 1 investors. But with price of NXT struggling, we have already started to acquire the hashing power.

We have acquired 100 Gh/s hashing power already and we are glad to announce that for last 3 days we have received our projected payouts. 

Over the next few days we will be adding the remaining 650 Gh/s to make the total hashing power of 750 GH/s representing .1 Gh/s per STSH asset (after round two 7500 assets are sold)

We will be marking this as separate income in our weekly dividend report to be added to the reinvestment fund.



Dividend Payment Spreadsheet:

Based on some great feedback from one of our shareholders, Sebastien256, we will be providing more details about our total weekly payouts.

We already working on a spreadsheet, it is a work in progress but with a quick glance it will give you our uptodate dividend payments.

https://docs.google.com/spreadsheets/d/1PgPmK_7Te1r4fRV6CcTcqXMe7Jwrx7KNrML9cvYUcZ8/pubhtml 

satoshi, just want to first say great job with your asset and all the communication you are doing.

I do have a question though:  So the expected ROI is about 40 weeks currently?
That seems a little long in the crypto-world

Quote from: satoshi on July 17, 2014, 05:15:33 pm

We already working on a spreadsheet, it is a work in progress but with a quick glance it will give you our uptodate dividend payments.
https://docs.google.com/spreadsheets/d/1PgPmK_7Te1r4fRV6CcTcqXMe7Jwrx7KNrML9cvYUcZ8/pubhtml

If possible, before your table grow too large, you should put week into decending order (not ascending), because in couple of week, it will be painful to look at the table. We will always need to go to the last collumn.....

To help you, in the speadsheet editor (excel or google). You can right-click on a column to add a new column inbetween two column.

Yes this issue came up when designing the sheet. Most likely we will use add quarterly sheets as the time goes by.

satoshi, just want to first say great job with your asset and all the communication you are doing.

I do have a question though:  So the expected ROI is about 40 weeks currently?
That seems a little long in the crypto-world

Thanks for stopping by MrV777

This project is designed in a stair step model, initially some investments were made, originally the plans were to be listed on a BTC crypto exchange but at the end dropped the idea mainly due to lack of professional support and latency in BTC world.

In IPO round 1 when we started our listing the return was only .1 per STSH asset which some people thought was outrageous. Then we increased it to .3, now potentially we are looking at .5 ~ 1 NXT per STSH asset per week.

You are right about 40 months ROI being too long for crypto world. But as opposed to purely hashing/mining asset, we plan to retain the value of asset itself after the initial ROI plus the guaranteed weekly income makes it even more challenging.

From our perspective we are taking it as a challenge, everybody told us it is impossible to guarantee steady weekly returns. So we are taking it one week at a time and we don't see any reason to change our projections, in fact the picture is getting even more clearer.
 

Thanks for stopping by MrV777

This project is designed in a stair step model, initially some investments were made, originally the plans were to be listed on a BTC crypto exchange but at the end dropped the idea mainly due to lack of professional support and latency in BTC world.

In IPO round 1 when we started our listing the return was only .1 per STSH asset which some people thought was outrageous. Then we increased it to .3, now potentially we are looking at .5 ~ 1 NXT per STSH asset per week.

You are right about 40 months ROI being too long for crypto world. But as opposed to purely hashing/mining asset, we plan to retain the value of asset itself after the initial ROI plus the guaranteed weekly income makes it even more challenging.

From our perspective we are taking it as a challenge, everybody told us it is impossible to guarantee steady weekly returns. So we are taking it one week at a time and we don't see any reason to change our projections, in fact the picture is getting even more clearer.

I understand the difference with your asset now.  You are trying to guarantee a constant return.  If NXT went up 200% value in 3 months, do you think you could keep pace?
Also, is there a minimal threshold on the payout on dividends?  Basically, if someone only earned 10 NXT in a week, would it roll over until they had at least 100 NXT to save on fees (1 NXT per TX) or would they be paid?

Thanks!

Our biggest concern right now is the falling price of NXT.

that is a good move to buy mining ghs, because those bring more nxt when price of nxt is low relative to btc.

Hi I have some STSH, how will I pass the address btc for dividends?

thanks

From the account holding STSH assets, please send a message to Issuer: 10504963647559232193 with your BTC address.

Our 3rd dividend payment is coming up in less than 24 hours.

STSH Dividends and Assets details

Round 1 STSH assets sold out in 2 weeks.

5000 Round 2 STSH assets will be sold at 30 NXT each
7500 Round 3 STSH assets will be sold at 50 NXT each

Here is the break down of our income for week 3:

Crypto Stock Dividend payments:
BTC Funds:  0.0530080   approximately 680 NXT @ today's NXT/BTC rate hovering around .00007800
NXT Funds:  100 NXT

Mining Operation Earnings:
BTC FUNDS: 0.03412990   approximately 438 NXT @ today's NXT/BTC rate hovering around .00007800
100Gh/s hashing power acquired = .0015*5 = .0075 Btc  approximately 96 NXT @ today's NXT/BTC rate hovering around .00007800

Arbitrage Trading Fund:
BTC FUNDS: 0.013   approximately 167 NXT @ today's NXT/BTC rate hovering around .00007800
NXT FUNDS: 0 NXT

Brick & Mortar Assets (listed on NXT AE):
NXT FUNDS: 0 NXT

Weekly Analysis:
We have added the spreadsheet above for quick glance of dividends paid and our currently held assets on the NXT AE.
This week was particularly good for crypto stock divis.
We are very happy with the hosted mining agreements we have. We have decided to proceed with acquisition of as much hashing power as possible with the current uncertainty in the scrypt world, we are getting quite favourable rates. We are using our own money plus moving some funds out of the arbitrage sector to acquire more hashing power.
We will have 4.5 Th/s hashing power dedicated to mining bitcoin before end of round 3.
Week 3 , we added 100 Gh/S hashing power.
Week 4 , we will be adding another 250 Gh/s hashing power.
 
Our earnings for third week of July are approximately 1481 NXT.
Total STSH assets sold= 2500
Total dividend payment for week 3= 2500 x 0.3 =750 NXT

The remaining fund of 731 NXT will be moved into the reinvestment fund which is designated for future dividend reimbursements once all three phases of IPO are completed successfully. In the meantime we will be using this fund for short term investments on NXT AE.

Current value of reinvestment fund: 2129+731= 2860 NXT

GO NXT