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[ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH  
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Author Topic: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH  (Read 150235 times)

pf

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LTCgear has been having issues with payments, this asset is entirely on hold pending LTCgear resolving their issues and paying out the missing payments.  Dividends will be caught up at that point.


Hashrate.org and the HRNXTPOOL are pleased to announce the launch of an additional asset, HRLTCGEAR (asset number:  10890135065820123998).  This asset is being released to ensure that investors have a chance to invest in LTCgear ASIC shares with as low of an overhead/management as possible. LTCgear shares are currently available with a 49% discount coupon applied to them, as well as a 8% discount for paying in bitcoin and then an additional 11% off by using your own affiliate account.  I am in the process of discussing volume discounts with LTCgear as well, to try and get an even better possible price for the asset.

The cost per MH has been steadily decreasing since the asset began.  Our most recent shares have been purchased for less than $2.50 per MH. 

HRLTCGEAR has issued 100,000,000 assets, and will be priced at 1 NXT per share. This price will not go up.  Each share will represent 1/N of the LTCgear dividends earned, with N representing the number of shares that are owned by people other than the asset issuer. Unsold shares will be excluded from dividend calculations entirely. The shares will be released to the AE in smaller quantities and as each batch sells out, the LTCgear equipment will be purchased and additional shares will be put on the AE for sale. 

Instead of any management fee, HRNXTPOOL will be awarded with 10% of the active shares. This means for every 9 HRLTCGEAR shares that are sold on the AE, HRNXTPOOL will recieve 1 shares and the dividends from those shares will be split amongst the HRNXTPOOL holders. HRLTCGEAR dividends will be sent each week a few blocks prior to the HRNXTPOOL shares.

**disclaimer:  I own a 10% stake of HRNXTPOOL, which means that I will directly profit ~1% from all HRLTCGEAR shares sold.

Due to LTCGear having a multiplication interval of 1.35x every 45 days, there will be no automatic reinvestment back into additional hashrate.  Shareholders can, however, request a percentage of reinvestment that they would like to see on an individual basis.

This reinvestment percentage will simply be awarded on a 1 NXT per share basis (the same price the asset costs), so a shareholder that earned 5,000 NXT dividend one week who wanted a 50% reinvestment would recieve 2,500 NXT and 2,500 additional HRLTCGEAR shares. 

Shareholders are welcome to adjust their individual reinvestment ratios at any time during the week via AM to the asset issuer from the account that owns the asset.  I will reply to each AM once I have adjusted your reinvestment ratio.
« Last Edit: February 20, 2015, 06:39:36 pm by pf »
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pf

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Re: Reserved
« Reply #1 on: October 08, 2014, 02:10:42 am »

Future week's dividends will be sent out sometime before the saturday night following friday's weekly payout.  (PST).
HRLTCGEAR will always pay out just prior to HRNXTPOOL.
« Last Edit: November 09, 2014, 12:15:52 am by pf »
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pf

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Re: Reserved
« Reply #2 on: October 08, 2014, 02:10:58 am »

post3
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pf

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Re: Reserved
« Reply #3 on: October 08, 2014, 02:11:14 am »

post4
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TwinWinNerD

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Re: Reserved
« Reply #4 on: October 08, 2014, 02:25:25 am »

combobreaker?

Edit: PM me if you need me to remove it :D

lucky88888

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Re: Reserved
« Reply #5 on: October 08, 2014, 03:13:43 am »

OMG SOMETHING HUUUUGE IS COMING!  Better get some nxt ready!!  :o
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sparta_cuss

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Re: Reserved
« Reply #6 on: October 08, 2014, 06:12:51 am »

Interested.
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printshop

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Re: Reserved
« Reply #7 on: October 08, 2014, 06:18:39 am »

seventh!

shin

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Re: Reserved
« Reply #8 on: October 08, 2014, 06:42:56 am »

Another pre-announced Asset? :P
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Artila

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Re: Reserved
« Reply #9 on: October 08, 2014, 08:42:23 pm »

Already feel as if I'm missing out :)
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Sebastien256

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Re: Reserved
« Reply #10 on: October 08, 2014, 08:44:09 pm »

lol, pf has reserved a forum topic. That one is really funny  :D
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cobaltskky

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Re: Reserved
« Reply #11 on: October 08, 2014, 11:05:54 pm »

It's a reserved spot to pre-announce an announcement ABOUT AN ANNOUNCEMENT.
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m30188

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Re: Reserved
« Reply #12 on: October 08, 2014, 11:19:15 pm »

It's a reserved spot to pre-announce an announcement ABOUT AN ANNOUNCEMENT.
This is an observation of a comment about a reserved spot to pre-announce an announcement about an announcement.
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sv3n

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Re: Reserved
« Reply #13 on: October 08, 2014, 11:26:46 pm »

Reserving this spot for future posts about reserving threads for undisclosed future use for posting posts
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2Kool4Skewl

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Re: Reserved
« Reply #14 on: October 09, 2014, 01:57:32 am »

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pf

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Re: [ANN] HRLTCGEAR - 1 NXT, low management fees
« Reply #15 on: October 09, 2014, 04:53:33 am »

Sorry guys, haha, I had to reserve the thread in order to make a tinyURL for the asset description. :)
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satoshi

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Re: [ANN] HRLTCGEAR - 1 NXT/share, variable reinvestment
« Reply #16 on: October 09, 2014, 05:16:39 am »

welcome to the ltcgear related NXT AE asset issuer club.  ;D

Unique approach, nicely priced will be interesting to see what the payouts are.

All the best and long live ltcgear  :)
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Cryptographer

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Re: [ANN] HRLTCGEAR - 1 NXT/share, variable reinvestment
« Reply #17 on: October 09, 2014, 06:31:04 am »

Nice idea pf!
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Sebastien256

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Re: [ANN] HRLTCGEAR - 1 NXT/share, variable reinvestment
« Reply #18 on: October 09, 2014, 07:44:10 am »

How can price stay at 1 Nxt if "LTCGear having a multiplication interval of 1.35x every 45 days" won't this be higher than the difficulty and increase overall payout of HRLTCGEAR, so increasing its value more than it initial 1 Nxt price?

Or I don't understand what you do with the LTCGear multiplication, please explain.
« Last Edit: October 09, 2014, 07:50:35 am by Sebastien256 »
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rlh

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Re: [ANN] HRLTCGEAR - 1 NXT/share, variable reinvestment
« Reply #19 on: October 09, 2014, 11:35:15 am »

Why did I have to read this in the morning, when I'm at work and not near my client to buy!

Awesome to hear, and I'll try to pick up som share tonight.

:D
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