We still have 2949-1 shares that are waiting for owners to contact me.
If you have not done so, please send me your litecoininvest
.com username, balance you had in litecoinglobal
Your e-mail must arrive form same e-mail account used at litecoinglobal
. Sorry, but I am not going to wait forever
. At the moment, virtual shares are held in my account (basically a "treasury stock")
You have until 28.02.2014 to get your shares. If you do not send me the requested information, your shares will be distributed to other shareholders proportionally to their shares held as of 03.03.2014. Yes, I left 2 days for a buffer.
We have issued 99000
Lets say that by 28.02 we have 96051 virtual shares distributed
Your number of shares as of 03.03.2014 / 99000= X
2949*X= number of shares you get is the number left form the decimal aka the integer part of the value.
11.99 becomes 11
Because the will be rounding off errors, I probably have to run this twice.
There will be no fractional shares and I am not going to initiate a stock split to make it more fair.
Lets say we have 16 shares left after first iteration. This means that top 16 share holders will receive 1 share each.
If this sounds unfair, please state your case. If you think we need to hold off with this longer, let me know here
At the those numbers used in my calculation, 44 shares is the limit, where you get 1 additional share.
I am sending out one more e-mail over the weekend. This is the last attempt to get in contact with missing shareholders.
BTW, if you do not want to open a litecoininvest.com account, please let me know and your shares will be automatically considered as treasury stock and later distributed to existing shareholders.