Cryptostocks
Cryptostocks** NOTE ** This offering is not compliant with SEC rules and is hereby rescinded. An order has been placed to buy back all shares at the offer price. This offering will be delisted within 2 weeks. Multipool. us Fee SharesMultipool will offer 20,000 non-dilutable fee shares. Each share represents a 0. 0005% share of collected Multipool. us mining pool fees beginning on March 1, 2014. Total shares represent 10% of all mining fees collected. The initial price per share will be set at 0. 0191 BTC. Mining fees at Multipool are currently set at 1. 5%, for all currencies except Bitcoin which is 0%. Average total pool hashrate over the past 10 days is 20. 3 GH scrypt and 16. 2 TH of SHA-256. Multipool has been in business since April of 2013 and has a proven track record of profit and stability for its miners. We are not asking for start-up funds. Return on InvestmentUsing current Litecoin profitability, with zero growth, total equivalent mined blocks would be approximately 4500 BTC and total fees would be ~67. 5 BTC. However, the pool is routinely 25-30% more profitable than mining Litecoin. Using current Dogecoin profitability, for example, and a modest 2% per month growth in hashrate, total fees per month would be closer to 100 BTC in March 2014. ROI at the IPO price would be approximately 30 months at current Dogecoin profitability and modest 2% per month growth, or approximately 39 months at current Litecoin profitability and 0% growth. We feel this is a very reasonable initial pricing. Obviously if hashrate and/or profitability are higher than this, the ROI will be attained in an even shorter time period. (To give an indicator of our growth potential, we will note that our total pool hashrate has already reached approximately 30GH as of 2/7/2014. )Dividends will be paid once weekly, on Thursdays at 0:00 UTC, and will be based on profits collected in the previous week ending on Sunday at 0:00 UTC. A web page, located at https://www. multipool. us/investors. php will be set up to provide real time fee status. The first dividend will be paid on March 12, 2014, for the 9-day period ending March 9, 2014. Benefits to Shareholders and Users of MultipoolFunds obtained from this offering will be used for the following purposes:To allow the pool owner (Adam McKenna, aka Flound1129) to commit to operating the pool full time for the next 2 years without additional, full-time employment. To purchase dedicated, pool-owned servers, to be hosted privately in world class data center(s), as needed. To contract with programmers, systems engineers, and website designers to improve pool and website look, functionality and stability, and to add features, including additional currencies and per-coin auto-trade to Bitcoin or Litecoin. To promote and advertise the pool to increase user base, especially for the SHA-256 currencies. To contract a security expert to perform a full security audit of both the website and payment code to ensure that miners’ and stockholders’ funds are safe, and that payouts are accurate. Thanks for your consideration! If you have any questions you may contact us at [email protected] or by telephone at 510-936-1129.
