Pizarro Statement, April 2018

Pizarro April Statement

Prepared by Benjamin Vulpes

Updated May 9th, 2018. Previous version: http://archive.is/vJCfp . Updated to balance assets/liabilities; add a line for customer equity to represent prepays/unearned income; recalculate book value and restate par value.

BTC incoming and outgoing


incoming   outgoing  
    1U server 0.21483957
shared hosting (pro-rated) 0.00160000    
shared hosting 0.00300000    
colo fee 0.01909011    
colo fee 0.01909011    
shared hosting (pro rated) 0.00120000    
rockchip rental through august 2018 0.04344809    
S.MG server & 2 FG rental through april 2019 0.47520000    
S.NSA rackspace through june 2018 0.04221665    
rockchip rental through april 2019 0.11316219    
S.MG shared hosting through april 2019 0.03600000    
rockchip rental through july 2018 0.02582892    
shared shell through april 2019 0.03600000    
    SSDs 0.09169539
    SSDs 0.23658695
    rockchip pilot plant 0.10813041
    RAID cards 0.02000000
S.NSA loan 0.40000000    
    1U and couriering 0.40000000
    DC 0.31132592
    wire fee 0.00530537
    WU fee 0.00381987
    fiat purchase 0.19099359
  1.21583607   1.58269707

USD incoming and outgoing


incoming   outgoing  
funds for May expenses 1800    
    bunk 488
    desk 311
    per diem 600
    local taxes 182
    zip ties 6
    power cables 49
    networking cables 35
    cage nuts 26
    tooling 28
    llave 3
    translation 88
    tramite cedula 9
  1800   1825

Fiat assets


account 4/01/2018 net change 4/30/2018
USD 2528 -25 2503

Tangibles


item qty book value monthly depreciation last depreciation period
UY1 1 0.21294520 0.02129452 March 2019
UY2 1 0.40000000 0.03333333 May 2019
Rockchip pilot plant 1 0.10813041 0.00901087 May 2019
UY3 1 0.55312191 n/a n/a
FUCKGOATS 29 0.40277781 n/a n/a
USD 2503 0.27367155 n/a n/a
  total 1.95064688    

Pizarro assets


account 4/01/2018 net change 4/30/2018
cash 9.15831827 -0.36686100 8.79145727
tangibles 0.99458472 0.95606216 1.95064688
intangibles, g/w 2.59910779 0.51144475 3.11055254
  12.75201078 1.10064591 13.85265669

Pizarro liabilities


account 4/01/2018 net change 4/30/2018
S.NSA 0.50000000 0.40000000 0.90000000
BingoBoingo parachute 0.25000000 0 0.25000000
customer equity 0.00000000 0.76945585 0.76945585
shareholder equity 12.00201078 -0.06880994 11.93320084
totals 12.75201078 1.10064591 13.85265669

Moved bunk, desk, governmental paperwork to USD incoming/outgoing; consolidated BTC-side reporting for those expenses into a 'fiat purchase' line, as this reflects the underlying mechanisms most closely.

UY2 is leased and in service with the customer; UY3 is the onsite spare to ensuring continuity of service for that particular contract; as such I've not started its depreciation clock.

The Rockchip pilot plant seems to be a great success; we leased 5 of the 6 machines within the first month. Many kudos to Stan for the visionary design and putting it all together.

Pizarro has 1,100,000 shares outstanding. Book value for all accounts is 0.00001085 BTC/share, and 0.00000802 BTC/share for cash and tangibles, for a 0.55% loss and 6.2% loss respectively. Par value is what it has always been: 0.00001000.

The board has approved in principle a raise for our man on the ground in Uruguay, in tandem with the luxury of a private abode. The man's done good work, oughta recognize it.

Next up: marketing the remaining Rockchip and the follow-on production plant as "safe online RSA machines"; leveraging/marketing the extremely high-margin shared hosting machine; putting together numbers for Rockchip production plant. On the managerial side, I'm putting together docs on canonical Republican multitenant webhosting configuration, and ploughing all of our customer data into a database to track debits from the new customer equity line among other things.

Enjoy this table of the number of customers required to break-even (based on combined ongoing expenses of some 5200 USD/mo)


product breakeven #
colo 36
rockchip monthly 52
rockchip quarterly 70
shared shell 208
hosting only 1040

The full breakeven equation, for interested parties:

$MONTHLYBURN = 36*C + 70*RM + 52*RQ + 208*SH + 1040*H

Obviously the rack will be getting crowded, and possibly over our power provisioning at an occupancy of 36 (moreover, strikes me as an unlikely number of colocation customers to achieve); and pulling 1,040 low-dough heathens is a skosh ambitious, but we'll find a route to glory somewhere in there.

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