F.MPIF, May 2014 Statement
F.MPIF incoming and outgoing
Incoming
Outgoing
Description
Value
Description
Value
Cash BTC deposited
213.15567101
Profit Center 2
100.00000000
Equity adjustment
0.5899785
Profit Center 3
113.15567101
Total
213.74564951
Total
213.15567101
F.MPIF assets
Account
01.05.2013
Net change
31.05.2014
Cash
155.15567101
89.35538147
244.51105248 BTCi
Tangibles
58.00000000
128.22448175
186.22448175 BTCii
Intangibles and goodwill
0
0
0
Total assets
430.73553423
F.MPIF liabilities
Account
01.05.2014
Net change
31.05.2014
Shareholder equity
426.90132052
3.83421371
430.73553423
Total liabilities
430.73553423
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.
Miscellanea :
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.
———12.77359396 BTC (12.77326991 held as BTC, 0.000324055 held as 0.65 RON) in PC1 ; 166.97404975 in PC3 ; 36.08185877 in PC4 ; 28.68155 in PC5. [↩]0.02807175 (14035.87588299 ATC* 200 satoshi each) in PC1 ; 150.47241 in PC2 ; 14 BTC in bets made by PC4 ; 21.724 (0.00021724 * 100`000 F.MPIF) in PC5. [↩]
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S.MG, May 2014 Statement »
Category: F.MPIF
Monday, 02 June, Year 6 d.Tr.