Sunday, 15 September 2013

New Share Issue

New Share Issue - Clarification

We get a lot of questions about just how new shares are going to be issued. We detailed this on our new share spreadsheet. But what we lacked to mention on the spreadsheet is where those funds went. This has been corrected. Checkout our spreadsheet, now with more info.
The funds used to purchase the first KNC 400GH/s miner are noted as are the second. Shares will be released when the related miner comes online.Unless the shares would be released within 120 hours of a pending dividend, then the shares will be released directly following the dividend.
You can see the updated spreadsheet here.

Financial Disclaimer

The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", "subsequent", or "continue" and similar expressions identify forward-looking statements.