F.DERP July - August 2014 Combined Statement

F.DERP incoming and outgoing

Incoming

Outgoing

Description

Value

Description

Value

Cash BTC deposited

4`130.93001555

--

Stock sales

0i

--

Total

4`130.93001555

Total

0

F.DERP assets

Account

01.07.2014

Net change

31.08.2014

Cash

3`300.84249743

4`130.93001555

7`431.77251298

Tangibles

0

0

0

Intangibles and goodwill

0

0

0

Total assets

7`431.77251298

F.DERP liabilities

Account

01.07.2014

Net change

31.08.2014

Coverage

50.94249743

0

50.94249743

Shareholder equity

3`249.90000000

4130.93001555

7`380.83001555

Total liabilities

7`431.77251298

F.DERP issued a further 12`710`945 shares, each with a nominal value of 32499 satoshi, for a total of 4`130.93001555 BTC, bringing the total shares outstanding to 22`710`945.

F.DERP realised no operating revenue this period. The P/E implied value per share is thus 0 BTC. It is faintly expected to realise operating revenue next period, on the vague hope that who knows, maybe the alleged investors in these things actually exist, and maybe even operate within some sort of a rational, market-driven environment. Perhaps.

———Apparently the appetite for these things narrowly matches the appetite for Ethereum, Doge and similar crap. [↩]

« MPIF (F.MPIF) August 2014 Statement

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Category: F.DERP

Saturday, 06 September, Year 6 d.Tr.