S.MG, June 2013 Statement

Monday, 01 July, Year 5 d.Tr. | Author: Mircea Popescu
S.MG incoming and outgoing
Incoming Outgoing
Description Value Description Value
IPO 8`799.06574790 Prize for drawing contest 1.33700000
Serveri 31.70300520
Total 8`799.06574790 Total 33.04000520
    S.MG assets
    Account 01.06.2013 Net change 31.06.2013
    Cash 0 8`766.02574270 8`766.02574270
    Tangibles 0 31.70300520 31.70300520
    Intangibles and goodwill 0 1.33700000 1.33700000
    Total assets 8`799.06574790
    S.MG liabilities
    Account 01.06.2013 Net change 31.06.2013
    Shareholder equity 0 8`799.06574790 8`799.06574790
    Total liabilities 8`799.06574790

      S.MG has a total of 88`096`605 authorised shares outstanding. The total assets per share implied value is thus 0.00009988 BTC. The cash+tangible assets per share implied value is thus 0.000099865 BTC.

      S.MG realised no operating revenue this period, and is not expected to realise operating revenue next period. The P/E implied value per share is thus 0 BTC.

      S.MG has Special Stock Warrants outstanding, as follows :

      # Fingerprint Shares BTC Par
      1 6160E1CAC8A3C52966FD76998A736F0E2FB7B452 88`096`605 8`809.6605 1
      2 AE3A51FA6C038A5B4D3FE80FBD7C5558DD9EFA14 10`850`000 1`302.0 1.2
      T 98`946`605 10`111.6605 1.02193

        This statement is as much an RFC as anything. Feel free to add your input below.

        ———
        1. Intel Xeon E3-1230v2, 8GB RAM, 2 x 1TB Hard Drives, generous BW allocations. Paid for one year, will amortise equally over the following twelve reports. [↩]
        Category: S.MG
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        2 Responses

        1. 1
          Accounting for the nonzero asset corporation. The MPEx standard. on Trilema - A blog by Mircea Popescu. (via Pingback)
          Tuesday, 7 January 2020

          [...] can review an example of this system at work here. ———The best example is perhaps the notion of amortisation, which has been [...]

        2. 2
          MiniGame (S.MG), November 2016 Statement on Trilema - A blog by Mircea Popescu. (via Pingback)
          Wednesday, 8 January 2020

          [...] strong copper sales significantly bolstered our cash position (although not quite to the first report's post-IPO level of 8`799 BTC). We are however in a stronger position than at the end of November [...]

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