Red Star Mining. A BitCoin Mining company.
Total hardware and wallet assets = ~$4,022
Accounts Spreadsheet - https://docs.google.com/spreadsheet/ccc?key=0Ap02rO_j4NLvdDB2cFRTS0ctVGRHRE5yQ2RfNUZFcUE#gid=0 - https://docs.google.com/spreadsheet/ccc?key=0AolvfZ07D-3SdHBuaGcxRUw3SEkwTzUyVXVqUzRPZFE&pli=1#gid=0
Chatroom http://webchat.freenode.net/ channel:RSM
Red Star Mining, a mining stock with strong +<90% reinvestment of profits into growth until such a time we are greater than 51% of the network and/or company staff can make a living wage off their RSM wages solely. All major decisions can be decided by motion apart from my (Matthew Holt) removal as Chief Operator and Chairman of RSM decisions plus operations. No motions can also be held on reducing the growth fund unless one of the two conditions are met above or the Chief Operator and Chairman agrees to it being held. A salary of 5% of profits will be used to pay RSM staff. To increase this payout it must be decided by motion with the proposal reach a majority of at least 51%. This amount of 5% can?t be reduced by motion unless more than 51% of RSM staff also agree. The Chief Operator and Chairman have the ultimate decision on employment of RSM staff unless a motion is held on the individuals sacking and reaches a 51% majority. All operating costs will be paid first then 5% of profits taken for RSM staff pay. Then at least 90% of the remaining profits will be reinvested into increasing RSM Hash-rate and/or into other strong growth/profit investments. The reminder will be paid out in dividends. With eventually the full amount for the dividend fund being passed through Pyramining and/or other suitable investments. So eventually the full amount earned by RSM for dividends will be passed through other investments before the full same amount eventually gets paid out into dividends. So as the total dividend payment remains unchanged. With the extra bonus income earned by the dividend investment fund investments to be reinvested in RSM growth. Any major shareholder can force a motion or any group of small investors with a combined holdings of at least 5% of shares unless the subject of the suggested motion effects one of the subjects of the two prohibited motions. Then if the suggested motion can effect one of the subjects of the two prohibited motions then its up to the chief operator and chairman on whether to run the motion. If RSM is forced to close (with the ultimate decision on that decided by the chief operator and chairman). Then all assets will be shared equally between all shares.
RSM's Pyraming - http://pyramining.com/faq#howdoesitwork - wallet donation address -1RsRSss66dbgpNmgSaF68YvaT35ev54S8 - RSM Pyramining referral links -http://pyramining.com/referral/pdbkm3gzr - and - http://pyramining.com/referral/mrga6kts8 - all donations and referrals will benefit RSM financially.
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