F.MPIF, April 2014 Statement
F.MPIF incoming and outgoing
Incoming
Outgoing
Description
Value
Description
Value
Cash BTC deposited
211.00000000
Profit Center 1, BTC
11.00000000
Cash ATC deposited
0.29665950i
Profit Center 1, ATC
0.29665950
Profit Center 2
50.00000000
Profit Center 3
50.00000000
Profit Center 4
50.00000000
Profit Center 5
50.00000000
Total
211.29665950
Total
211.29665950
F.MPIF assets
Account
illo tempore
Net change
30.04.2014
Cash
211.29665950
56.140988488
155.15567101ii
Tangibles
0
58.00000000iii
58.00000000
Intangibles and goodwill
0
0
0
Total assets
213.15567101
F.MPIF liabilities
Account
illo tempore
Net change
30.04.2014
Shareholder equity
211.29665950
1.85901151
213.15567101
Total liabilities
213.15567101
F.MPIF will be issuing 1`000`000 shares as authorised by MPEx listing agreement. The total assets per share implied value is thus 0.00021315 BTC. The cash+tangible assets per share implied value is thus 0.00021315 BTC.
Miscellanea :
F.MPIF will be encumbered in all following reporting periods by salaries of the Profit Center Managers. PC1 and PC4 are remunerated as 10% of net gain each period, with no participation to loss, payable after one full year (so at end of April 2015 exercise). These expenses will be provisioned each month. PC3 charges 10% of high mark profit, this expense will be provisioned each month a new high mark is reached. PC2 charges 20% of high mark profit, this expense will be provisioned each month a new high mark is reached.
You can review independent reports alongside manager comments as follows : PC1 ; PC4.
PC4 manager has inadvertently overstepped the agreed upon strategy by taking a few bets at lower weight. She will not be fired this time.
———100k ATC at 100 satoshi per ; 393`319 ATC at 200 satoshi per. [↩]10 + 2.65501867 BTC + 14035.87588299 ATC * 0.00000200 ATC/BTC in PC1 ; 50.39072182 BTC in PC3 ; 42.08185877 BTC in PC4 ; 50 BTC in PC5. [↩]50 BTC held by Panacea for PC2 as well as 8 BTC in bets already made by PC 4 are not cash as per the AN0 definitions. [↩]
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Category: F.MPIF
Thursday, 01 May, Year 6 d.Tr.