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Kongzi Print Shop pays a dividend singapore
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Author Topic: Kongzi Print Shop pays a dividend  (Read 21682 times)

printshop

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Kongzi Print Shop pays a dividend
« on: August 23, 2014, 02:21:16 pm »

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.

How many shares to be sold?
Up to 1,000,000.
Edit: We will close the IPO after 50,000 shares have been sold on NXT or Coinsortium.

What price will they be sold at?
0.001 BTC or 12.5 NXT.

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 11, 2014, 03:28:02 am by printshop »
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printshop

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Kongzi Print Shop pays a dividend
« Reply #1 on: August 25, 2014, 02:45:40 pm »

FAQ

1. Where is your web page?
http://kongzi.ca/wordpress
« Last Edit: August 29, 2014, 09:07:03 am by printshop »
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printshop

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Re: [ANN] Kongzi Print Shop
« Reply #2 on: August 25, 2014, 02:48:25 pm »

KPS is pleased to announce our first weekly NXT payment.

All NXT holders were paid 5.25492268 NXT per share.

Thank you for your time,


“I should like to suggest to you that the cause of all the economic troubles is that we have an economic system which tries to maintain an equality of value between two things, which it would be better to recognise from the beginning as of unequal value.”
― Paul Dirac


NXT payments sent
Stakeholder---------------------QuantityPercentage (%)PPSTotalTransacrtion ID
NXT-8FG7-5GYY-WN87-FMQFQ200.0025.25492268104.0984536710638105664437402261
« Last Edit: August 25, 2014, 02:51:31 pm by printshop »
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jefdiesel

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Re: [ANN] Kongzi Print Shop
« Reply #3 on: August 25, 2014, 02:53:36 pm »

Interesting but sounds like a lot of overhead for very small monthly sales.
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printshop

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Re: [ANN] Kongzi Print Shop
« Reply #4 on: August 25, 2014, 03:44:49 pm »

Interesting but sounds like a lot of overhead for very small monthly sales.

It's a very boring business and our cashflow is small. I'm here to change that. I'm disappointed in our IPO. Not many shares were sold. But maybe I'll stick it out and see where we can go with this.

If we can raise enough to relocate and up our production capacity, I will try selling on J-list or amazon. Advertising, or partnering with related sites like Tae Kim's or Maggie's. Once we relocate I can double our production capacity just by buying a new printer. The issue right now is our space is so small it would not really work out hiring someone to run another printer. It's basically just me, or someone else running the laminator when I'm out doing other things.

The printer we use has an 8 card capacity (for cardstock). It's a great printer but it's a little old. I'm looking at a model which is about $200 and has a 30 card capacity. I'm drooling. A couple of those and an A3 laminator (because it can handle 3 cards at a time; A4 models can handle just two) would really kick us into high gear. I suspect that as our flashcard business grows we will also get more orders for textbooks as well. I am very excited at where this can go. We will see what happens.

My god. I'm just thinking what I could do with some real office space (2 or 3 rooms). Storage space! If we could do some bulk orders we could probably cut our cost per card by another few cents. Pre-printing sets and books. I already found a better source for precut lamination pockets but i'm concerned about their supply. Will they be able to order more once we buy them out. I'm telling you this because I want to share with you my hope and excitement for this company. We will see how it works out over time.
« Last Edit: August 25, 2014, 03:46:51 pm by printshop »
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jefdiesel

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Re: [ANN] Kongzi Print Shop
« Reply #5 on: August 25, 2014, 03:48:40 pm »

See that is the kind of useful information. I'm interested in hearing more.
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Ludom

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Re: [ANN] Kongzi Print Shop
« Reply #6 on: August 25, 2014, 04:59:05 pm »

+1
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jefdiesel

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Re: [ANN] Kongzi Print Shop
« Reply #7 on: August 26, 2014, 01:18:37 am »

Interesting but sounds like a lot of overhead for very small monthly sales.

It's a very boring business and our cashflow is small. I'm here to change that. I'm disappointed in our IPO. Not many shares were sold. But maybe I'll stick it out and see where we can go with this.

If we can raise enough to relocate and up our production capacity, I will try selling on J-list or amazon. Advertising, or partnering with related sites like Tae Kim's or Maggie's. Once we relocate I can double our production capacity just by buying a new printer. The issue right now is our space is so small it would not really work out hiring someone to run another printer. It's basically just me, or someone else running the laminator when I'm out doing other things.

The printer we use has an 8 card capacity (for cardstock). It's a great printer but it's a little old. I'm looking at a model which is about $200 and has a 30 card capacity. I'm drooling. A couple of those and an A3 laminator (because it can handle 3 cards at a time; A4 models can handle just two) would really kick us into high gear. I suspect that as our flashcard business grows we will also get more orders for textbooks as well. I am very excited at where this can go. We will see what happens.

My god. I'm just thinking what I could do with some real office space (2 or 3 rooms). Storage space! If we could do some bulk orders we could probably cut our cost per card by another few cents. Pre-printing sets and books. I already found a better source for precut lamination pockets but i'm concerned about their supply. Will they be able to order more once we buy them out. I'm telling you this because I want to share with you my hope and excitement for this company. We will see how it works out over time.

how about 1 step at a time.

you want $200 for a new printer, lets talk. i'll buy some shares at a direct price. Maybe an A3 Laminator too.  You dont need 2 or 3 rooms now. Lets step this up notch by notch
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printshop

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Re: [ANN] Kongzi Print Shop
« Reply #8 on: August 26, 2014, 03:01:59 am »

how about 1 step at a time.

you want $200 for a new printer, lets talk. i'll buy some shares at a direct price. Maybe an A3 Laminator too.  You dont need 2 or 3 rooms now. Lets step this up notch by notch

We have sold over 1,000 shares on coinsortium and will be buying a Laserjet P3015 printer with a 100 card tray. Perhaps I spoke too soon by saying I was disappointed in the IPO. We somehow sold twice as many shares yesterday as we did in the last two weeks! Was that you?

Have you seen our website (and our company presentation) or our coinsortium listing? This business is a lot like a bakery. The real value is in the design/IP. Once you have the IP, you run the cards off like a mill and the driver of profit becomes volume and nothing else. You might think raising quality and lowering production cost, but once you do that only volume remains. This listing is all about increasing our volume. As the volume rises we make more money in a linear fashion. I don't want to make any promises but it seems obvious to me that once we relocate, get the printers and laminators, we will be making twice what we are making now.

Since you said you like details, I'll ramble a bit about the printers and laminators.

I'd actually like to have five or six printers, esp. the P3015. You might wonder, why so many printers? First, the duty cycle. The P2035 has a recommended monthly page volume of 500 to 2500 pages. That means three sets of N5 per month. That is less than we produce now. We could push it higher, maybe to 5,000 per month, that would require four printers to cover a month's worth of orders. The 3015 has a higher duty cycle so we might just go with two P3015 vs. four or more 2035s. The next models up don't have higher capacity multipurpose trays so at that point the printers become a commodity. We can buy more as demand increases.

Laminating capacity works a little differently. They can't be turned on for a very long time, a couple of hours at most. And they should be used continuously if you're going to leave them on, to take away the heat from the rollers. The "HEAVY DUTY-SOUL 330S" is rated for 6 hrs. After that they need to be turned off to cool down. We could go with four laminators per employee; two in shift A, two in shift B. Each one would cost about $150. Again, not a huge expense.

The plan now is to increase the production capacity so that we can cover all the orders we get within a week. If we start getting overloaded I can tweak the production line by adding a new machine here or there, or running an extra shift for a larger order. The way I see it, if we can produce twice as much bread, we can sell twice as much bread. If I just bought another oven and tried to integrate it into what we're doing now, sure it would help, but there is a balance between printers, laminators, and employees. Two printers can supply one inserter, and one inserter can supply four laminators. So right now buying a single printer would help a little, since it's just me and one other person operating multiple machines. But that's not as efficient. The cost model tells us the primary cost is human labor by far. The machines and space are not expensive. So to keep costs down I would prefer to have a more efficient production line where everyone focuses on their own set of machines. It would even be better to have people in just two days of the week if we could up the number of cards we produced during those two days to be as efficient as possible.
« Last Edit: August 26, 2014, 03:40:52 am by printshop »
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printshop

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Re: [ANN] Kongzi Print Shop
« Reply #9 on: August 27, 2014, 01:28:32 pm »

The Economics of KPS

A few thoughts I've been going over recently.

KPS is unlike most other cryptocoin ventures. We don't churn, and we don't make NXT profits. We only get NXT when we buy it and we are always, continuously, buying NXT. Even if we just sit on the bid we put brakes on any price decline. In order to operate we must continuously buy NXT. This means that KPS is one of the few businesses that works to support the market cap of NXT over the long term. For us, it does not matter what the value of NXT is either, as we buy to support a distribution paid in another currency. So we will always have buy orders that need to be filled, at any price.

Most ventures, such as an exchange, a dice site, etc. operate entirely within the community and end up "churning" money from one place to another. For the service they provide they take a small fee which means that they do not add value to the coin itself but only tend to redistribute wealth from one place to another. KPS on the other hand, does not take NXT as payment. Therefore, people who hold the dividends they receive from KPS or reinvest them back into KPS guarantee the long term appreciation of NXT. The way I see it, KPS will act as an intermediary taking NXT from weak hands holders/traders and redistributing it to strong hands (asset holders). I think we may try to nail this as a secondary function by carefuly investing in highly liquid dividend paying assets, such as coinomat. Actually coinomat is the only one I have identified that might be worth an investment, but we need to move to our new location first before splurging on community investments.

I can see our weekly buy volume going over 5,000 NXT within a few months. I believe this will have a significant and positive long term effect on the market. I think we should look for and support brick and mortar businesses like KPS. I'm not just saying that because it's my business. There's a cafe too. I think that is a novel idea. If it has a positive cash flow and ends up having to continuously buy NXT to pay dividends this will be a very positive thing for the NXT community.
« Last Edit: August 27, 2014, 01:33:22 pm by printshop »
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JamesList

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Re: [ANN] Kongzi Print Shop
« Reply #10 on: August 27, 2014, 01:47:37 pm »

I bought a few  :). Sounds really interesting, gl.
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cobaltskky

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Re: [ANN] Kongzi Print Shop
« Reply #11 on: August 27, 2014, 05:14:21 pm »

I picked up five myself.  Maybe pick up some more as my dividends come in. :)
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Sebastien256

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Re: [ANN] Kongzi Print Shop
« Reply #12 on: August 27, 2014, 05:39:58 pm »

Bought some, let see if you can chim in steady dividends. I will buy more if everything go well and you can give a better comtability of your business. What is the ROI time period that you estimate?
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printshop

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Re: [ANN] Kongzi Print Shop
« Reply #13 on: August 28, 2014, 11:44:52 am »

Bought some, let see if you can chim in steady dividends. I will buy more if everything go well and you can give a better comtability of your business. What is the ROI time period that you estimate?

I'm not sure what you mean by comtability. As for ROI, I have outlined several "phases". Until we get about 20,000 shares sold I'm only going to be buying one new printer, as a replacement to the one I have. There's no room for both of them but the new one is 12x more efficient (it has a 100 card multipurpose tray vs. an 8 card mp tray on my current printer). Once we get close to 20,000 shares sold I'll relocate and buy another printer and laminator. At that point we will start seeing increased payouts after 2-3 weeks.

Payouts are affected by a couple of factors, with the new printer it's possible that we may pay out a bit more, I'd like to see how it affects our workflow before making any guarantees. My payment policy is to provide consistent payouts. If I pay 0.171 one week, I am very likely to pay out 0.171 the next week too. I have to look ahead a couple of weeks and see if we are getting the same (or more or less) business as we did last month. If we start accumulating too much money I might increase it to 0.172 or 0.173, like that. If we are facing lean times, I will reduce it, but the goal is to avoid giving investors "payment shock". It's no good if the payments are suddenly too small (or too large), investors can't get a fix on how the company is doing.

printshop

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Re: [ANN] Kongzi Print Shop
« Reply #14 on: August 28, 2014, 11:53:33 am »

Notice to Investors

I'm having a little trouble with the IPO due to the (currently) falling exchange rate. I just had to cancel an order priced at 14 a couple of days ago and it looks like I will cancel the remaining shares up at 15 NXT. Right now I have 5,000 more priced at 16 and 5,000 priced at 17, but the actual exchange rate points to a value of 18.16 (bter nxt/btc 0.0000552). Does anyone have any idea if the price will stabilize soon? I hate wasting 1 nxt to list some shares and then another nxt to cancel the listing!

I will be putting up small lots of shares (5000 or less) until the exchange rate stabilizes. I may have to take down the lower priced orders. Please remember KPS is not denominated in NXT! As the rate falls KPS will be worth "more" NXT.

When the exchange rate stabilizes I will try to lock down our rate by holding our balance in NXT instead of BTC (which is how we operate currently). This should provide the best of both worlds to investors. Please help me to figure out where the bottom is!

whatnxt

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Re: [ANN] Kongzi Print Shop
« Reply #15 on: August 28, 2014, 02:09:21 pm »

I will be putting up small lots of shares (5000 or less) until the exchange rate stabilizes. I may have to take down the lower priced orders. Please remember KPS is not denominated in NXT! As the rate falls KPS will be worth "more" NXT.
Very true

When the exchange rate stabilizes I will try to lock down our rate by holding our balance in NXT instead of BTC (which is how we operate currently). This should provide the best of both worlds to investors. Please help me to figure out where the bottom is!

Unfortunately (or fortunately) markets do not work that way. Assuming this is a response to recent events, however, things should start to settle down in quickly, when those who want to leave have done so. As you have pointed out, else where, there are businesses actively buying NXT because they have too, so there will always be a buyer and so there will be a bottom to the market at some point.

The messages to take away are:

Buy while its cheap....

Setup a fund for changing the listings since this will be ongoing.

Sell the your assets as soon as possible:
You could do some promoting of the business in the forums, the information available here about your business is much better than when you originally listed on the AE. You could cross promote with other bricks and mortar businesses for example.

Start a topic entitled "KPS pays a dividend". Put a link to this topic in the first message (possibly reproduce the details here). Update the "KPS pays a dividend" topic a few days before you calculate the dividend and just after you pay a dividend. There are people actively looking for dividends in the Forum and this topic will get attention if its at the top of the list. Plus buying and immediately getting a dividend is always a good feeling, like getting a discount:)

Also push/donate funds for more promotion of the AE by the community. More users mean more investors looking for a dividend.
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printshop

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Re: [ANN] Kongzi Print Shop
« Reply #16 on: August 28, 2014, 03:53:13 pm »

When the exchange rate stabilizes I will try to lock down our rate by holding our balance in NXT instead of BTC (which is how we operate currently). This should provide the best of both worlds to investors. Please help me to figure out where the bottom is!

Unfortunately (or fortunately) markets do not work that way. Assuming this is a response to recent events, however, things should start to settle down in quickly, when those who want to leave have done so. As you have pointed out, else where, there are businesses actively buying NXT because they have too, so there will always be a buyer and so there will be a bottom to the market at some point.

Yes, every time I try to think of some way to do something extraneous with the money I have this nagging feeling I should be buying paper, laminator sleeves, or some new machines. I was talking with the owner of a school today about doing perfect binding. I don't think I would need anything like a sterling digibinder, not with the volume we do, but then again once word gets out you can do perfect binding for less than 50 cents a book (magcloud and justperfectbinding.com both charge a dollar, for example) you will get orders. I'd probably start with a much cheaper machine though. Of course.

I've been looking at bulk order rates for things like index cards and laminator pouches. I'd need to order a room full of stuff, but it would take the cost per card down to almost nothing. It looks like the savings will more than compensate for the increased rent. That's very exciting for me! I'm going to be swimming in flashcards. I will be able to produce an order of magnitude more cards now, and they will all be an order of magnitude cheaper than before.

For example let's say we print 5,000 flashcards in a month, and we take our cost from 10 cents a card down to 5 cents. Our dividend jumps more than 60% just based on our current volume. Now that is exciting. I believe the cost per card will be a bit lower, especially since human labor won't factor into the cards as much with the new printer. Then, we will have increased volume (twice? three times?) -- we're also designing a new set for N4 which should sell well, especially to people who are happy with our N5 sets. The more IP get the more we should sell.. Once we get a few more sets done, we might even start exploring other languages. Once we have the sets designed they don't cost anything to be stored on a computer, and our product line increases...
« Last Edit: August 28, 2014, 04:23:59 pm by printshop »
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cobaltskky

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Re: [ANN] Kongzi Print Shop
« Reply #17 on: August 28, 2014, 07:30:29 pm »

+1440 to everything WhatNXT said. :)
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cobaltskky

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Re: [ANN] Kongzi Print Shop
« Reply #18 on: August 28, 2014, 07:36:52 pm »

Also, are you working on a website for this?  I'd love to invest more, but I need to feel more trust in the organization.  I hope you understand.
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Kitchentable

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Re: [ANN] Kongzi Print Shop
« Reply #19 on: August 29, 2014, 03:10:58 am »

I made an account so I can ask questions on this asset. First off I like to say that I work on production printing machine along with print shops that produce into the millions of prints per week.

Those laserjets are machines you can buy at your local Staples. You're looking at 10k prints with a toner yield rate of 3% before needing to buy more toner. Once someone asks you to print out something with a toner yield rate reaching up to 40%, which is common for print shops, then the toner cart will not even come close to the 10k copies it is register for. These are also monochrome machines which will limit you on what customers will want printed out. A lot of places do not own a color printer, or they do not want to pay the money it cost to upkeep one. That is where the money is at. Most places already have black only printers and it's normally done by machines you plan (have purchased?) on buying.

What machine are you using to do perfect binding? None of those laserjets are capable of doing that since they are just desktop office machines. Also none of those machine can print in booklet mode since they do not accept 11x17 paper. Are you making statement size books only when a customer doesn't want perfect binding? I do find it strange you have a perfect binder before even having a full production machine. It's almost wasteful to have one when your production will be low compared to other print shops. One job can take days and a lot of places are not going to wait for their turn when that football program has to be out this weekend. I'd go for production first then flare second. Save the ability to print on doors last.

In my honest opinion, find a company that is willing to lease a high yield color office machine, or even a pre-production machine, along with a service contract that covers maintenance and toner. Canon is a nice start. This can be done for the price of those laserjets which will increase your production and give you more options like doing full bleed 12x18 glossy cardstock printing. Buying printing machines straight out might sound nice but it's not the 80's anymore. The tech constantly changes to produce cheaper prints and keep up with software. Just check out the Trident that was design by OCE. It will produce 100s of sheets per minute for a fraction of the cost of the production machines today. Leasing allows you change out the machine every 3 to 5 years which is nice when you see the amount of wear a machine can receive when it reaches into the millions of copies and good luck finding anyone willing to fix it for less than the machine is worth. It's not the cost of the machine that kill print shops... it's the cost of keeping it running.
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