BSAC Manager
BSAC Common Stock
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Posted - 2008.02.01 12:58:00 -
[1]
Block Ships and Ammunitions Corporation (BSAC)
January 2008 Report
BSAC Preferred Stock The monitoring software that is used to track BSACP sales was revised to take full advantage of the API key. With approximately 90 products sold in three regions, implementing the use of the API key required a bit of work. The software records all mineral purchases and determines the average mineral acquisition price. Item invoice price is updated daily. In addition, the mineral content of every item sold is recorded along with fees and taxes. Essentially by tracking the amount of minerals purchased and the minerals sold (as items) it is possible to determine daily saleÆs profits.
Sales margins remained strong around 24%. JanuaryÆs net profits were 471 M, netting 10.46%* total return on investment. In addition, the dividend distribution scheduled was changed from by-weekly to twice a month to ease administrative load.
BSAC Mineral Reserve In an effort to reduce the time spent administering BSAC Mineral Reserve (Ticker BSACC); a new management strategy was introduced. In the past, the Mineral Reserve (MR) has been selling strictly to BSAC Manufacturing and all records were done manually. This was changed. In the new strategy, all sales were conducted on the market which allows accurate records of all sales using the API key. It also opens the door to new customers with the small downside of having to pay for broker fees and transaction taxes. I added a new sheet, named ôNew Report Form,ö to the Mineral Reserve financial statement.
The new strategy was definitely a success. This month the Reserve sold 3.74 B in minerals leading to a 645 M gross profit, increasing the share buy-back price to 1,118.12 (+ 5.04%). BSACC is currently traded in RESX.
BSAC Capital Ships Fund FreighterÆs sale margins sore to a record high 36.19%, significantly improving the overall Capital Ships FundÆs performance. Overall return on investment for the month of January was 6.96 %. A small 1.791 B capital expansion took place in January allowing for three-Freighter inventory. Our goal is to manufacture four freighters a month.
Mineral Market Manipulation (MinMa) Fund This is our latest venture that was launched on Dec 12, 2007. Depending on market conditions, shares will be offered in batches of 20 B. The Fund has imposed a 20% NAV cap to future sales. Average return on investment for the month of January was 14.52%. We expect to issue a share distribution to Premier account holders by the end of February.
BSAC Preferred Stock Shares
Ticker: BSACP
Share Price: 47,444.57 [+ 5.22 %]*
Dividends (per share)
1/16 755.79
1/30 1,601.66
Since Inception (3/01/2007) 19,736.79
BSAC Common Stock Shares
BSAC Mineral Reserve
Ticker: BSACC
Share Price: 1,118.12 [+ 5.04 %]*
Retained Earnings
1/30 526,719,344.29 ISK
Since Inception (1/12/2007) 2,665,508,342.16 ISK
Block Ships and Ammunitions Shares
BSAC Capital Ships Fund
Ticker: BSAC
Share Price: 10,000.00
Dividends
1/6 308,489,328
1/16 156,564,942
1/27 240,989,036
Since Inception (5/14/2007) 2,335,231,475 ISK
Block Mineral Reserve
MinMa Fund
Ticker: BSAMR
Share Price: 100,000.00
Recorded Share Distributions
48,627 [18.33 %]
Since Inception (12/12/2007) 48,627
NAV
55,104,652,713.29
Previous report
NOTE
(*) Percentage increase relative to last months share price.
ROI = (NewSharePrice û LastMonthSharePrice) / LastMonthSharePrice
BSAC Mineral Market Manipulation |