MPOE, January 2014 Statement

Saturday, 01 February, Year 6 d.Tr. | Author: Mircea Popescu
Operational results, MPOE

Overall trade 1`034 contracts, of which -1`020 +0 Call, -9 +5 Put.

Revenue : 7.53514473 BTC, of which :

  • contracts sold : 6.18921077 BTC
  • contracts exercised : 1.345933968 BTC

Expenditure : 10.8135616 BTC, of which :

  • contracts bought : 0.00530399 BTC
  • contracts exercised : 0.02850761 BTC
  • capital expenses : 10.77975 BTC (95.82 × 11.25%)

Loss : 3.27841687 BTC

Operational results, MPEx

Revenue : 1`889.16717424 BTC, of which :

  • Revenue from sales fee : 59.16717424 BTC (Total trade : 29`583.58712021 BTC)
  • Revenue from new accounts : 1`830 BTC

Expenditure : 88.262335 BTC, of which :

  • PR, 2.875 BTC.
  • CSR, 20 BTC.i
  • Impairments, 60 BTC.ii
  • Advertising, 0.1 BTCiii
  • Tech, 5.287335 BTCiv

Profit : 1`800.90483924 BTC

Shareholders table

Total shares : 1`000`000`000, of which :

  1. Mircea Popescu, 838`159`714 shares,
  2. Third parties 161`840`286 shares.

Total dividend : 1`800.90483924 BTC.

Bondholders table

Total capital : 392.35 BTC, of which :

  1. 1D7YtrxnyK3ug3Rvp9jX66T8kVzWww9Jr8 95.82

Loss applicable to bond capital : 3.27841687 BTC
Loss per BTC : 0.03421432.

MPBOR valid February 1st through 28th, 2014 : 11.25%.

Miscellaneous

Possibly the best month in history on a pure % basis for MPOE - 7.53514473 BTC made on 0.0338116 BTC spent comes to 22`285%. Then again there's the thorny issue of interests to contend with. Ah, if only the scouring of the moneylenders from the temple had stuck.

~ * ~

This month offers a very interesting dichotomy. News of the OpenBSD deal caused an abrupt rise in S.MPOE prices, and a major inflow of inquiries from people considering perhaps opening an account. A few days later, the misfortunes of yet another confused kid caught in the woodchipper that is the USv sent the share price tumbling - in the process erasing about a hundred thousand Bitcoins' worth of new wealthvi, and forcing the unwinding of various derivative deals on the share price and whatnot. The same event apparently also had another, contrarian effect : it perhaps coallesced many of the inquiries into actual paying customers.

This may seem a little strange, as customer and investor would seem to be facing the same risk the same way. All that aside, the moral I myself detach from this experience is that government is generally a mechanism for transforming CSR into revenue.

~ * ~

This is a provisional statement. Will become definitive February 3rd, 2014, noon GMT.

———
  1. One time expenditure supporting OpenBSD. [↩]
  2. One time expenditure, related to the closure of the ROTA system. This completes that debacle. [↩]
  3. Currently this means BitBet. [↩]
  4. As described in March 2013. Fortunately the exchange rate took most of the edge off it. [↩]
  5. Remember Aaron Swartz ? [↩]
  6. Which, paradoxically, makes me the worst hit by Shrem's arrest in all of Bitcoin, arguably worse hit than Shrem himself. [↩]
Category: MPEx
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One Response

  1. Mircea Popescu`s avatar
    1
    Mircea Popescu 
    Saturday, 1 February 2014

    Statement rectified (MPEx expenses up 5.387335 BTC, profits and dividends down the same).

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