[Passed] The Nu Lagoon Custodian Fee Request of July 2015

NuShares Passed Grants
#1 
      Dear Shareholders:

With the support and help from the community, the Nu Lagoon has successfully operated for another 4 weeks.

We are very happy to announce that the new website nulagoon.com goes alive now.

As reported in the http://nulagoon.com/data.html , the accumulated Custodian Fee is 1898.37 NBT for Pool A, 869.433 NBT for Pool C and D.

I would like to request shareholders to grant custodian fee to the pool.

BAGVF94ny947g9npbXyFngjD9WEMtCTL2z, 2767.80 NBT

Thank you in advance.

The Nu Lagoon manage team

Note: It is Nushareholders’ obligation to pass this grant according to prior shareholder motion : b5e709a59226b979e4cb59e6d3a3e06b506e3761 and ae07a18b22e20e38d6bf7559e320c1728d7a62dc

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#2

done

#3
#4

Can you remind me what the rationale and reason for such grant are.

#5

Note: It is Nushareholders’ obligation to pass this grant according to
prior shareholder motion : b5e709a59226b979e4cb59e6d3a3e06b506e3761 and
ae07a18b22e20e38d6bf7559e320c1728d7a62dc

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#6

Indeed -

The manager will submit a custodian fee grant request once every month.
Nu shareholders promise to pass the fee grant in 10 days. The custodian
fee granted will be added into Holding of NBT and subtracted from
Custodian Fee wait to be granted

#7

Voted

#8

the problem will be when a vast amount of NU shares change hands. Then the new owners are “forced” to vote as well.
I guess the new NU share holders should learn about their obligations beforehand. Of course they are not asked to pay from their pocket :wink:
In any case, this service add a great value to NU so a negative vote would be irrational!

#9
#10

Grant just passed.

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