No Such lAbs (S.NSA), December 2016 Statement

S.NSA incoming and outgoing

Incoming

Outgoing

Description

Value

Description

Value

FUCKGOATS salesi

2.50420466

256 GB ECC RAM box

0.83568442

2.50420466

Clerical expensesii

0.2956039

Total

2.50420466

Total

1.13128832

S.NSA assets

Account

01.12.2016

Net change

31.12.2016

Cash

436.66159337

1.37291634

438.03450971

Tangibles

13.63795811

5.4329iii

8.20505811

Intangibles and goodwill

22.46053352

4.56413755iv

27.02467107

Total assets

473.26423889

S.NSA liabilities

Account

01.12.2016

Net change

31.12.2016

Shareholder equity

472.76008500

0.50415389v

473.26423889

Total liabilities

473.26423889

S.NSA has a total of 4`737`075 authorised shares outstanding. The total assets per share implied value is thus 0.00009990 BTC. The cash+tangible assets per share implied value is thus 0.00009420 BTC.

S.NSA realised 2.50420466 BTC in operating revenue this period, but it is altogether unclear what that does for P/E.

S.NSA has Special Stock Warrants outstanding issued as per the IPO agreement, as follows :

#

Fingerprint

Shares

BTC

Par

1

17215D118B7239507FAFED98B98228A001ABFFC7

3`315`952

331.5952

1

2

6160E1CAC8A3C52966FD76998A736F0E2FB7B452

1`421`122

142.1122

1

T

4`737`074

473.7074

1

Miscellaneous

We have a number of outstanding orders as well as a second run underway, on which basis we expectvi to flush the queue by the end of the month.

NSA will continue its work, designing and manufacturing the future of the Republic. In the meantime, remember - if you are running a machine without FUCKGOATS, you are running an incomplete machine.

———Mwahahaha! Can you beliebe it? [↩]We spent about $200 buying packaging materials, antistatic bags, that sort of thing. We further ate about $100 in shipment fees as disguised marketing expenditure, call it goodwill if you will. [↩]It is true, we spent in excess of 5 BTC in materials to realize less than half that in sales proceeds. TMSR, the place where business works backwards!

In all seriousness, activity was deliberately structured in this way with a view to supporting scaling up of production. We did not expect to realize a profit on the final prototyping run, and we did build the capacity of spinning up production to proper levels (which, for a piece like FUCKGOATS, is somewhere in the six digit units runs). Not entirely unexpectedly, however, the world outside of the Republic's gates showed itself once more entirely dedicated to pretending that lichen's greener than grass, and fully devoted to its hopeless ways. Consequently, we won't be doing a proper run of these, even as we retain the capacity to do so.

We will however maintain the item in production, to serve the needs of the few actual humans today found on planet Earth. Prototyping runs are sadly a lot more expensive than production runs, for which reason the sale price of FUCKGOATS is going to go up to 4.95 Bitcents from now on.

We are also withdrawing the "bulk" order from the form. Businessmen interested in becoming resellers of this (and other No Such lAbs items in the future) are encouraged to make contact in the usual way ; we will consider a well structured, mutually beneficial agreement.

Congrats to the winners! [↩]Other than the usual cost of maintaining the Phuctor server, this period's figure also includes various customer sweeteners. See Patrick McKenzie for an explanation as to how this works. [↩]Note that most of this gain is of the illiquid variety. [↩]It is not guaranteed, seeing how electronics do sometimes turn out dud. [↩]

« Qntra (S.QNTR) December 2016 Statement

Dupa dealuri »

Category: S.NSA

Wednesday, 04 January, Year 9 d.Tr.

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