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RatingBlackDescription:Litecoin FPGA

Litecoin FPGA is a team of three electrical and electronic engineers and one software engineer who endeavour to create an FPGA device for mining of Litecoin. Our team believes that a highly competitive low power Litecoin FPGA device can be created within a six month timeframe for sale to the public.

This listing is targeted at achieving initial funding for development and construction of the device. The dividend for the shareholders of the listing will be that 80% of the profits from sales of the FPGA’s will be distributed quarterly to the investors once the device ships.

The design team has decided to procure funding from investors rather than pre-orders, as this requires less administration from the team and provides a more secure source of initial funding.

The team have already been involved in research into procuring the necessary materials to create the device and are confident custom equipment can be obtained directly from companies in China that can manufacture the necessary on board RAM characteristics.

In the unlikely event that the program should prove unfeasible, all assets will be liquidated and all shares will be bought back using the funds.

Please bear in mind, as with all assets there are risks involved; never invest more than you can afford to lose.

UPDATE: A member of the Cryptostocks community has made us aware that there is another project by the same name that is not on Cryptostocks, we were not aware of this when we listed the stock and would like to clarify that we are not associated with the Litecoin FPGA development operated by JasinLee. We apologise for any misconception, but we are unable to change the listing name and this information should clarify the situation for any future investors.

UPDATE: It was proposed that shares should be raised to 0. 2 BTC per share, however, we have seen less demand for the listing than expected. As a result, and to encourage further investment we think it best to maintain the 0. 1 BTC price, as raising the price per share will probably deter investors further. Buy orders (BTC)PriceQuantityAmount0. 000037210. 0007770. 000017600. 0010200. 0000011,0000. 001000Sell orders (BTC)PriceQuantityAmount0. 04479010. 0447900. 08958010. 0895800. 17916010. 1791600. 35832010. 3583200. 71664010. 7166401. 43328011. 433280DateTypePriceQuantityAmountFebruary 16, 2015 17:36Sell0. 00003760. 000222BTCFebruary 27, 2014 08:57Sell0. 00020150. 001005BTCFebruary 26, 2014 00:37Sell0. 00020020. 000400BTCFebruary 26, 2014 00:37Sell0. 00020210. 000202BTCFebruary 26, 2014 00:37Sell0. 00020310. 000203BTCFebruary 22, 2014 20:35Sell0. 00020430. 000612BTCFebruary 22, 2014 10:08Sell0. 00020410. 000204BTCJanuary 27, 2014 05:56Buy0. 00086020. 001720BTCJanuary 27, 2014 05:56Buy0. 00074420. 001488BTCJanuary 27, 2014 05:56Buy0. 00074310. 000743BTCDecember 17, 2013 05:41Buy0. 09999010. 099990BTCNovember 09, 2013 19:05Buy0. 00010010. 000100BTCNovember 07, 2013 04:53Sell0. 00010010. 000100BTCNovember 07, 2013 04:53Sell0. 00010010. 000100BTCOctober 20, 2013 22:48Buy0. 01000030. 030000BTCSeptember 26, 2013 18:42Sell0. 00010010. 000100BTCJuly 09, 2013 20:26Buy0. 03000030. 090000BTCJune 14, 2013 09:43Sell0. 06000010. 060000BTCJune 05, 2013 13:44Buy0. 09990010. 099900BTCJune 05, 2013 13:44Buy0. 09990030. 299700BTCJune 01, 2013 01:50Buy0. 09990010. 099900BTCMay 29, 2013 03:13Buy0. 10000020. 200000BTCMay 26, 2013 04:15Buy0. 100000101. 000000BTCMay 21, 2013 07:00Buy0. 10000010. 100000BTCMay 21, 2013 07:00Buy0. 10000050. 500000BTCMay 21, 2013 06:59Buy0. 100000202. 000000BTCMay 20, 2013 19:38Buy0. 10000040. 400000BTCMay 13, 2013 21:38Buy0. 100000606. 000000BTCMay 13, 2013 20:41Buy0. 10000020. 200000BTCMay 13, 2013 20:41Buy0. 100000101. 000000BTCMay 13, 2013 20:41Buy0. 100000505. 000000BTCMay 13, 2013 17:50Buy0. 10000010. 100000BTCMay 13, 2013 17:49Buy0. 10000020. 200000BTCMay 13, 2013 17:49Buy0. 100000101. 000000BTCMay 13, 2013 17:48Buy0. 10000050. 500000BTCMay 13, 2013 12:18Buy0. 10000010. 100000BTCMay 13, 2013 12:17Buy0. 10000090. 900000BTCMay 09, 2013 11:03Buy0. 10000020. 200000BTCMay 08, 2013 08:19Buy0. 10000010. 100000BTCMay 06, 2013 03:17Buy0. 10000040. 400000BTCMay 06, 2013 00:57Buy0. 10000010. 100000BTCMay 06, 2013 00:57Buy0. 10000090. 900000BTCIssue DateNumber of shares05 May 11:3415,000DateTotal dividendNumber of sharesDividend per shareDateAnnouncement09 May 09:18

Introductory offer of 0. 1 BTC per share will end on 10th of June, outstanding shares will be retracted and share value raised to 0. 2 BTC per share.
05 May 11:48

Litecoin FPGA shares issued, we look forward to working with the Cryptostocks community.
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