S.MG, December 2013 Statement

Sunday, 05 January, Year 6 d.Tr. | Author: Mircea Popescu
S.MG incoming and outgoing
Incoming Outgoing
Description Value Description Value
-- --
Total 0 Total 0
    S.MG assets
    Account 01.12.2013 Net change 31.12.2013
    Cash 8`744.89091807 0 8`744.89091807
    Tangibles 18.4934187 2.6419171 15.8515016
    Intangibles and goodwill 35.68141012 2.6419171 38.32332722
    Total assets 8`799.06574689
    S.MG liabilities
    Account 01.12.2013 Net change 31.12.2013
    Shareholder equity 8`799.06574689 0 8`799.06574689
    Total liabilities 8`799.06574689

      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 0.00009947 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
      3 5015BD3D0AE659C8B8632F31CF2950F23C844002 192`307 25 1.3
      T 99138912 10`136.6605 1.0224

        Provisional statement, will be considered accepted within 24 hours. Make any observations or corrections below.

        Category: S.MG
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        10 Responses

        1. I want to know the development of Eulora. Why not create a forum like bitsharestalk.org.

        2. Mircea Popescu`s avatar
          2
          Mircea Popescu 
          Monday, 6 January 2014

          The reason is that on one hand the engineers working on it aren't the reddit type (not the age, not the personality), and on the other because it's a lot of work leaving them relatively little time they wish to spend talking about it. I have enough trouble getting them to submit to the very little reporting and management red tape I use, if I insisted they talk to the Internet on top of it they'd likely quit.

          On the other hand, I don't see much value in encouraging the typical use of web venues, which is rampant nonsense and speculation built on attentional, belief and confirmation bias, availability cascades, backfire, cheerleader and bandwagon effects, conjunction fallacies and all the rest of the good stuff the "general public" blesses public discussion on technical topics with.

          Finally, on the third hand, it's generally my belief that government and society should be distinct endeavours in all fields. Consequently, it's not my job to make the forum where Eulora is discussed any more than it's Obama's job to publish the newspapers where his administration is discussed. If people care enough to speculate about this (or any other topic) they are more then welcome to do so, individually or in groups, and should such a group form and wish the easement of a forum, why there's plenty of solutions already on the web to satisfy all tastes and needs.

        3. Thanks very much. I see.

        4. oh, look what I found in the freenode #eulora channel:

          [18:01:51] inaugural

        5. Mircea Popescu`s avatar
          5
          Mircea Popescu 
          Wednesday, 8 January 2014

          Haha cool.

        6. happy new year!

          http://www.mediafax.ro/economic/un-tanar-din-oradea-a-lansat-prima-platforma-din-romania-de-tranzactionare-bitcoin-cum-pot-fi-folosite-monedele-virtuale-care-nu-sunt-controlate-de-nicio-autoritate-11869716

        7. Mircea Popescu`s avatar
          7
          Mircea Popescu 
          Thursday, 9 January 2014

          Bine, plina presa de herps de-astia.

          http://finance.fortune.cnn.com/2013/12/05/betting-against-bitcoin-bubble/

          Ce stiu ei de lumea asta, proasta medie lasata goala-n piata nu-i capabila sa identifice pe puterile ei cui ar fi cazu' sa-i suga pula. Jurnalistu' mediu e cam aceeasi chestie.

        8. Lmao, n-ar da link "platformei" nici picaţi cu ceară, jurnaliştii pulii.

        9. Mircea Popescu`s avatar
          9
          Mircea Popescu 
          Thursday, 9 January 2014

          Lasa ca ieste loc la videochat pentru tate proastele, nu ie bai.

        1. [...] as dumb as burger flippers, and consequently they need simple rules they don't understand. Such as "don't link to any thing!!1", because that's what the Internet is all about. Tell me again why do we allow cocksuckers on the [...]

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