The following is an independent review of Red Star activities by JL421 on bitcointalk.org
Does the company charge a maintenance fee - Yes, the company charges either 1% of profits, or 1 BTC per month, whichever is greater. This also is only payable after the IPO has sold out.
How are Utilities Paid For - Utilities are paid from gross income before dividends.
Dividend Type - Weekly
Dividend History - (ROI Based on 30 Day Trading Price - Without Reinvestment)
No dividends paid yet - Estimated first dividend is 0.0025 BTC Per Share (0.80% ROI) -
Total Dividends Paid - N/A
Yearly Performance Estimate - N/A - (41.60% ROI based on earnings estimates)
The operator is extremely friendly and helpful.
The operator has made his identity known.
All facets of company operations are public knowledge.
Owner doesn't fully seem to have operations fully planned out, or changes plans somewhat quickly. NOTE: The major changes in operating plans was the switch from GPU technology to FGPA/ASIC technology as a result of major hardware advancement.
The somewhat high fee will eat into investor profits somewhat significantly until more capacity is brought on board to offset the 1 BTC per month fee.
The operator's estimated first dividend seems to be a bit high by my math. At current difficulty and operator's reported power costs, dividends should be around 0.00193994 BTC Per Share (0.62% ROI), 22.4% lower than estimates.
Extremely Worrying -
Nothing extremely worrying.
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