Round 1 Sales Update

Currently we are 2 days into the share sales for Round 1 of @minnowbuilder3 and wanted to give an update as to where things are currently and confirm the shares which have been purchased so far.

Current Share Value

Currently the share value is 1.03. This means that if you paid 1 steem for your share it's already worth 1.03 steem. Now this number if fluid until the first round (1000 shares minimum) have sold as new shares can still be purchased at 1.0 steem. But there are also earnings coming in which increase the value almost daily.

Total Shares Sold

So far we have sold 331 shares all of which are owned. No delegated shares in this round so far.

Confirmed Share Purchases

Who	How Many
@thedarkhorse	100
@pifc	5
@andrewharland	98
@costanza	10
@thehoneys	5
@dosdudes	50
@knircky	50
@viking-ventures	7
@rogz06	3
@donna-metcalfe	3

If you feel you have purchased shares in this round already and it's not listed or you think there is an error in the share count please let us know. Will never claim to be perfect, just striving for perfection.

Future Growth

As you can see these accounts can grow at a fairly decent rate due to timing of votes and gaining curation rewards, self votes when VP gets to high, cross voting within the network of MB accounts when VP is high, and Author Rewards.

In the end Author rewards can really make a difference in the long term value of these accounts. For this to really impact the overall value we need the share owners to upvote our posts. This account will post 2 times a week except during times of share sales. There will be a weekly Account Update showing you the current value and second a Weekly Update about the redfish status.

Remember that once we move out of Round one of sales the price for new shares going forward will be based on the current share value and never will be 1.0 steem again. Your value is never diluted.

Extra VP is used to reward those who have shown a willingness to support the account with votes. As everyone gets their share automatically (actually more then their share) extra VP is used to help boost extra posts or even comments of those share owners who regularly are upvoting posts of this account. Each of those votes helps everyone in the program get higher votes in the future and it only makes sense to reward those who are helping us grow.