Esim - Advocate Investments - Day 96 Update
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Advocate Investments - Day 96 Update (Old article)
Posted 12 years ago by
junglejuice    
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First of all, my apologies on being late with the dividend today, I intended to log on from my phone while at work today and ended up getting swamped so didn't have a chance.

The reason we haven't had any updates lately has been simply because, well, there hasn't really been any news worth writing an article about. We've have some minor ups and downs over the last couple weeks with regions changing hands, markets becoming over/under supplied, really just the normal stuff that you have to plan for and adapt to as we go.

What I have been able to learn though over the last few periods is what I can realistically expect to make in profit for you guys each period. Some of you may have noticed that the last few dividend payments have been for the same amount, an amount which I believe is sustainable and maintainable throughout each business cycle under our current portfolio.

That amount is a total of 150 gold out in dividends each 5 days. What this works out to is 0.125/share every 5 days (equivalent to a .175g/ share on a weekly basis). Ideally this would be a tad bit higher, as there is some capacity for a higher amount of production in areas like tickets and gifts, but the market just doesn't seem to have the appetite for additional product at this time. As we get back into foreign markets (I still haven't rebuilt my old spreadsheet yet , damn computer) we'll hopefully be able to tap some more demand and give us a bit of cushion on this profitability target.

The 150 gold is pretty much eking out every bit of profit I can right now with nothing going into a currency buffer or rainy day fund. With that in mind, I want to reassure everyone and give my personal guarantee that 150 gold will be paid out in dividends each period regardless of if we hit that target profit or not. Any shortfalls I will cover by donating as much of my dividend back to the company as is necessary to close the gap and get to 150. It isn't fair to punish you guys as stockholders for me not performing to maximize profitability so I will hold myself responsible for those standards.

As always, feel free to PM me or talk to me on IRC if you have any questions. I also give out free business advice if you ask nicely

Happy investing,

-JJ


Edit for server issues:
As much as I would like too, I can't wholly compensate for any losses from the server issues. When the site goes down we lose people working and people buying and it basically cuts out a whole chunk of our sales even with just intermittent issues. I'll still give out dividends every 5 days, just when there are server issues expect the total amount distributed to decrease proportionally (ie 120 gold instead of 150 if server is down for about 1 day).

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Junglejuice for Congress (12 years ago)

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Advocate Investments - Day 101 Update (Server Issues) (12 years ago)

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