NuLagoon fee request from 13 May to 14 Jun

NuBits
#1

Dear NuShareholders,

We would like to ask NuShareholers or the representative of NuShareholders pay NuLagoon the custodian fee between 13 May 2016 to 14 Jun 2016

  • The Last passed NuLagoon fee grant is to 12 May 2016. The reference post is this:
  • The following is the fee request which FLOT didn’t pay.
  • we suspended NuLagoon operation on Jun 14. Announcment made at:
  • The motion effective before 22 May is :

b5e709a59226b979e4cb59e6d3a3e06b506e3761 and ae07a18b22e20e38d6bf7559e320c1728d7a62dc

  • The motion effective begin at 22 May is this:

Fee before 12 May is already paied by fee grant. Fee from 13 May to 14 June, when the new motion passed, is 9 * 176. Fee from 22 May to 14 Jun is 24 * 150. Total: 176 * 9 +150 * 24 = 5184 NBT

NuLagoon can receive the fee (5184 NBT) with the address: BLGdraBCznbtQjM6V7jWUyrcn9Uzihy4Y3

Thanks.

Henry

#2

So Nu is going to pay LP again, how long can this ponzi last? When will the next crush come?

#3

We won’t be continuing with a 5000 US-NBT payment to NuLagoon each month. The new negotiated rate is 500 US-NBT per month. However, my understanding is that Nu is contractually obligated to make this one last payment under the old contract. Following NuLaw and fair practices are a very high priority. So, as I understand it, 5184 US-NBT must be paid to NuLagoon.

If anyone can bring information to light that indicates we should not pay this invoice, I am listening. I will wait 2 days to make the payment of 5184 US-NBT to NuLagoon to allow objections to be made and examined.

#4

It sounds good, in fact we can print money from nowhere, the key is “not too much”, so that the relative low expenditure can be absorbed by share price fluctuation.

#5

The 5184NBT fee was received. All the fee that NuShareholders owned to NuLagoon within the old contract was paid off.

Thank you for acting in integrity and keeping the promises.

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