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Thread Statistics | Show CCP posts - 0 post(s) |
Forceflow
Gallente Center for Advanced Studies
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Posted - 2009.02.06 11:23:00 -
[1]
Originally by: Dagda Morr Rather than acculumlate additional debt, why not slow down on the rate of expansion. This is an IPO we bought into, not a bond - I'm personally in it for the longer-term and would prefer you build a solid foundation now and return a smaller dividend rather than burn out.
I believe you intended to re-invest some of the initial profits - provided the original 80% assets are locked down and an auditor can confirm the dividend is indeed being re-invested I would be happy to skip a payout or two.
Ditto on this. Too much work can lead to loss of interest and the evaporation of the entire project; so a slow down might be in order.
You might want to consider putting it to a vote. |
Forceflow
Gallente Center for Advanced Studies
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Posted - 2009.02.06 16:34:00 -
[2]
Perhaps you can put it to a vote then.
Send out a mass evemail and allow investors to vote on reducing security. |
Forceflow
Center for Advanced Studies
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Posted - 2009.02.26 07:32:00 -
[3]
Originally by: No Profit I think you're being premature.
Atima has always said that the first few months of divs would be at the minimum 4%.
How about we see what happens after that period before we start saying whether it's failed or not.
Fact is, Atima has been clear about the returns we can expect (after some initial confusion over the first few minimum payments) and has been honest with the problems bought about by the rapid expansion. He/She has also been diligent in taking the time to look at the possible solutions and communicating those to investors both on an individual and group level.
I agree that there have been problems but I think it's a little early to write this one off as a bad investment.
I think you're missing Cosmoray's point. Hes not talking about the low 4% divs. Hes more concerned about the lack of divs.
I personally would like to see more updates from Atima. The late divs I can put aside as RL concerns but Atima should have at least informed us of such a development if it were the case. Especially after the deadline on voting to reduce the security has passed and we have had no word on how it is progressing.
I do hope Atima will keep us more in the loop with what is happening and the business be brought back on a more stable footing.
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Forceflow
Center for Advanced Studies
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Posted - 2009.02.27 15:52:00 -
[4]
Atima, thank you for disclosing the state of your operations.
What I (and probably others) was concerned about was mainly the liquidation process. Since Kazuo had posted saying the vote likely passed on the 18, we didn't have any news. If we had known that there had been trouble with the system, much of this would have been avoided.
With this said, I still have confidence in this venture.
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