|F.MPIF incoming and outgoing|
|Cash BTC deposited||213.15567101||Profit Center 2||100.00000000|
|Equity adjustment||0.5899785||Profit Center 3||113.15567101|
|Intangibles and goodwill||0||0||0|
F.MPIF has issued 1`000`000 further shares, bringing the total to 2`000`000. The total assets per share implied value is thus 0.00021536 BTC. The cash+tangible assets per share implied value is thus 0.00021536 BTC.
Nothing remarkable to report on the operational front - everything is proceeding as planned. Bad accounting has misrepresented the assets of the fund by 0.5899785 BTC in the previous period, resulting in issuance of 1mn shares 0.27% cheaper than they should have been. This goes to underline the importance of good accounting in financial matters - all fund holders are encouraged to actively verify all the fund's accounting so as to help avoid such occurrences in the future.
I am actively looking to expand the PCs, but it won't be done willy-nilly.———