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Optech Scientific will be launched with highly speculative funding from a small group of investors. The corporation is hoping to raise 100 million isk from investors which will serve as seed capital and will form the Optech Startup Fund. Prof. Bunsen will use his Optech Market Optimizer biological algorithms (TM) to trade and grow this capital. Minimum / Maximum investment
1 mil - 5 mil units per investor. Each 1 mil invested will represent 1 unit of the fund. The intention of the OSF is not only to raise starting capital but also to broaden awareness of the corp, and to build confidence and establish a track record. This can best be achieved with a spread of investors.
Expected rates of return of Optech Startup Fund
Initial expectations are for a weekly profit of 20% on the invested capital. 50% will be paid to Prof. Bunsen as commission, 50% will be returned to investors. Phase 1 investors can therefore expect a return of approximately 10% per week.
Additionally investors in Optech Startup Fund will receive one (1) share per 1 mil isk initially invested in Optech Scientific at flotation.
Profit DistributionUntil the 100 units of the OSF are completely sold 100% of the profits will be distributed each week. This will result in slower growth than re-investing profits but will have the advantage that at the start of the week your investment remains 1 mil per unit which allows new investors on board on equal terms.
When all 100 units of the OSF are sold a maximum of 10% profit will be distributed to investors each week, with the surplus profit re-invested. This will facilitate compound growth of the fund.
Profits will be distributed weekly on a Saturday and the weekly results published on this website. Distribution will be direct to investors wallets from the corp i.e. not through a share dividend mechanism.
Timing of new investments into Optech Startup Fund
To simplify accounting, new investments into the startup fund will be introduced on a Sunday at 23.00 Eve time, and will therefore be eligible for profits distributed the following Saturday. Buy ins to the fund received after Sunday 23.00 will be gratefully held, but will not be eligible for profits until the second Saturday i.e. investment enters OSF on subsequent Sunday 23.00 and then is eligible for profits the Saturday after that.
Selling your units in OSFUnits can be sold for the initial investment of 1 mil per unit at week end by giving 24 hours prior notice by Eve mail to Prof. Bunsen. i.e. notify before Friday 23.00, you will receive that weeks profit distribution on Sat 23.00 plus your original 1 mil isk per unit.
WARNING : OSF Investors cashing out their units early will not be entitled to 1/100th of the fund, simply that weeks profit plus the original investment.
Winding upThe decision to wind up the OSF will be at the sole discretion of Optech Scientific. This will take place before the public share offering (of Optech Scientific). Directors Holdings
Prof. Bunsen intends to use his commission to purchase units of the OSF and these will be declared along with other investors holdings..
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