SPECIAL ANOUNCEMENT
“WE DON’T SEE THINGS AS THEY ARE, WE SEE THEM AS WE ARE.”This week has been quite historical week personally for me. Previously with the projects that I got involved it took weeks sometime months to tweak before launch and even after launching I kept working on improving the asset holder returns.
On October 1st, 2014 just to make a point about an asset listed on NXT AE, I launched ltc2nXt to offer my version of the ltcgear on NXT AE.
It turned into an ugly public debate as you can see from the
ltc2nXt threadI have learned quite a few pesonal lessons but achieved some amazing financial benefits. All three of my assets have achieved equilibrium, most of the dividends for STSH are accountable on NXT block chain. This weeks total STSH earnings is 10062 NXT, total assets sold 11300 (almost there with 1 NXT per week guaranteed payout)

IPO sales slowed down again this week, I had to remove 1700 STSH sell offer at 50 NXT. (for the second time)
But with my learning experience from school of hard knox, I had to think who am I to limit STSH price at 50 NXT each.
I had been through the 90's dotcom bust and I am seeing some similarities with the current listings of NXT AE assets. I strongly believe over the long term value assets will hold their value. I won't limit STSH to 50 or 100 per asset, I will let the market decide.
Today I announce that STSH IPO sales are over. There are 3700 unsold STSH in the issuer account which I will hold.
Just to remind myself and STSH asset holders about
1st year objectives of STSH. At 1 year anniversary of STSH (July 1, 2015) launch we will complete 100% apr for last assets sold at IPO price (50NXT) while keeping the STSH shares valuable at least around 50 NXT each.
There are 38 more weekly payments remaining of at least .7 NXT (11300*.7*38=300580+49600(div already paid)=350180
Total capital raised with sale of 11300 STSH assets so far=365000
In addition, each STSH holder will receive the following before July 1 2015
- Each STSH holder will receive .5 iHash in their account.
- A special bonus dividend coming from the surplus fund, currently valued at 8568 NXT(based on this week's surplus of 2150 NXT, this value can be as high as 8568+81700=90628. We can issue a special 1 NXT dividend when this fund reaches 11300!!!
I would like to hear feedback from long time STSH asset holders about these objectives.
Based on my experiences so far with ltc2gear, I feel it is a solid innovative company with 1 year history behind it. I am making a decision on behalf of STSH asset holders to invest in ltc2nXt, so if anything goes wrong with ltcgear payouts I will cover the losses from my personal expense (34825 NXT invested so far). The reward factor against the risk taken is amazingly high and helps us meet our objectives.
For next few weeks I will be working on creating a complete backup plan, currently all activity is being controlled stored on my beloved macbook air.
Setup goals for year 2 objectives for STSH.
Setting up a buyback plan if required, out of 11300 STSH sold, 5000 were sold at 30 NXT and 2500 at 10 NXT. So if any large investors do want an exit strategy, I will work something out.
GoNXT
14th STSH dividend payment is coming up in less than 24 hours.
STSH Dividends and Assets detailsTotal STSH assets sold: 11300
Guaranteed Weekly Income: 0.7 NXT/STSH
Here is the break down of our income for
week 14:
Crypto Stock Dividend payments:
BTC Funds: 0.01 approximately
137 NXT @ today's NXT/BTC rate hovering around .00007300
NXT Funds:
7290 NXT Mining Operation Earnings:
3500 GHS current total hashing power =
.175 Btc approximately
2398 NXT @ today's NXT/BTC rate hovering around .00007300
Crypto Trading Fund:
BTC FUNDS: 0 BTC trading bot turned off for a few weeks
NXT FUNDS: 0 NXT
Brick & Mortar Assets (listed on NXT AE):
NXT FUNDS: 237 NXT
Weekly Analysis:
I have explained the special circumstances above
7500 iHash assets for redistribution after completion of STSH IPO
7177 iHash purchased from open market as part of iHash portfolio.
Our earnings from iHash alone are
3581 NXT this week.
Our earnings from ltc2nXT alone are
3482.5 NXT this week.
We will be adding another 100 Gh/s to our hashing power. Starting week 14 our total hashing power is
3.6 Th/s We will have
4.5 Th/s hashing power before end of round 3.
Our earnings for 14th week are approximately
10062 NXTTotal STSH assets sold = 11300
Total dividend payment = 11300 x 0.7 =
7910 NXTThe remaining fund of
2151 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:
8568 NXTTotal Dividend paid so far:
49600 NXT =
3.67 BTC Proof Of Solvency:
240360 NXT Value of STSH issuer account (66% of raised capital is available on NXT blockchain)
GO NXT