Author Topic: [Litecoininvest] Credit Providing Investor Fund (CPIF)  (Read 16042 times)

Offline turbooster

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #60 on: April 19, 2015, 05:11:17 PM »
Re: trade-stop: What about open buy orders for CPIF? Since litecoininvest is down basically always it's impossible to reliably cancel any remaining buy orders. How will you deal with those situations?

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #61 on: April 19, 2015, 05:18:44 PM »
CPIF will have to deal with them on a case by case bases.

CPIF has requested that litecoininvest halt all trading of CPIF on litecoininvest. We believe that all options available to us have been exhausted with regards to informing investors, if we have missed any notification medium, please let us know.


Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #63 on: April 21, 2015, 07:12:19 PM »
CPIF as at the end of 2015/04/21:

FUM: 3.6021 BTC
Interest accrued: 0.0651 BTC

Converted using:
BTCUSD: 225.13
LTCUSD: 1.405


Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #64 on: April 28, 2015, 11:28:56 AM »
Apologies for only posting this now.

CPIF as at the end of 2015/04/26:

FUM: 3.7161 BTC
Accrued dividends: 0.080977985 BTC

Converted using:
BTCUSD: 220.14
LTCUSD: 1.3383
BTCXCP: 246.72

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #65 on: May 01, 2015, 09:57:38 PM »
Dividend payment – 2015/05/01

FUM: 3.41344925 BTC
Dividend paid: 0.07899026 BTC

Converted using
BTCUSD: 234.66
LTCUSD: 1.412

Offline turbooster

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #66 on: May 09, 2015, 04:22:58 PM »
cpif_admin: please describe the steps to get the shares to counterwallet and update page 1 if possible. Thanks

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #67 on: May 09, 2015, 05:47:54 PM »
Sure, will do a bit later.

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #68 on: May 12, 2015, 05:37:27 AM »
CPIF as at the end of 2015/05/11:

FUM: 3.411 BTC
Dividends accrued: 0.02BTC

Converted using:
BTCUSD: 241.01
LTCUSD: 1.435
XCPBTC: 0.0039

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #69 on: May 19, 2015, 05:42:59 AM »
Hi,

Please note the following update has been posted on page 1:

Contact Info:
Email: [email protected]
Website: http://cipherinvestments.co.za/cpif

Update:
1) Please note that On 19 April 2015 CPIF stopped trading on Litecoininvest and moved to Counterparty which is a decentralised protocol with a wallet that serves as a trading platform.
2) Unfortunately CPIF shares will have to be bought/sold via XCP and not BTC or LTC. Right now the easiest way to overcome this problem is to use shapeshift.io which makes converting between cryptocurrencies much less a pain.
3) Dividend payments will be done in BTC, which we think is preferable to XCP.
4) A new website is now live. We hope to add a lot of information in the near future regarding Cipher/CPIF on here that will attract new investors.

Steps for buying shares:
1) Create a wallet/account at Counterwallet.io
2) Deposit some BTC and XCP in your counterwallet. 0.0005 BTC will be required for any transaction and some XCP will be required to buy CPIF shares.
3) XCP can be exchanged at Poloniex or Shapeshift.
4) In your counterwallet, on the left pane, click on Exchange -> Markets, in the Select Another pair box enter CPIF as Token 1 and click on XCP as the other.
5) You should now see buy and sell orders, simply fill a sell order in order to obtain CPIF shares.

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #70 on: May 19, 2015, 05:54:50 AM »
CPIF as at the end of 2015/05/18:

FUM: 3.5498 BTC
Dividends accrued: 0.0348BTC

Converted using:
BTCUSD: 233.39
LTCUSD: 1.44
XCPBTC: 0.0037

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #71 on: May 25, 2015, 07:26:27 AM »
CPIF as at the end of 2015/05/24:

FUM: 3.46 BTC
Dividends accrued: 0.0455BTC

Converted using:
BTCUSD: 241.0
LTCUSD: 1.84
XCPBTC: 0.003977

Offline turbooster

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #72 on: May 29, 2015, 06:49:41 PM »
Right now it's impossible to calculate the buyback value because the market cap isn't available. How will calculation work on Counterparty?
Is the amount of outstanding units of 1323 from LCI still valid?
Maybe you can start also posting the NAV/U or market cap in addition to FUM.

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #73 on: May 31, 2015, 10:28:08 AM »
Hi,

We will add NAV/U and market cap (calculated as last price * no. of outstanding shares) to our updates.

The number of outstanding shares on LCI is no longer valid as there have been transactions on Counterparty. For more up to date information, have a look at https://www.blockscan.com/assetInfo/CPIF on the AssetHolders tab. To calculate the no. of outstanding shares take the Total Available Balance minus the amount held by 1HwUqsR5i8e5H9aPvkJtYgwYG6dd5Laht6 (CPIF share issuer): 99903 - 98537.25765323 = 1365,74234677 outstanding shares. The reason why there are 99903 total available shares (right now) is that 97 shares are for sale and is held in escrow.

Hope this helps,
cpif_admin

Offline cpif_admin

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Re: [Litecoininvest] Credit Providing Investor Fund (CPIF)
« Reply #74 on: June 01, 2015, 05:06:57 AM »
Dividend payment – 2015/06/01

NAV: 3.6 BTC
Market Cap: 3.71 BTC
NAV/Unit: 0.00263 BTC
Outstanding Shares: 1370.742347
Dividend paid:  0.0614 BTC

Converted using
BTCUSD: 229.42
LTCUSD: 1.66
XCPUSD: 0.89
0.00386719 XCPBTC