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Shareholder report

Dear Mugback holders,

This has been an exciting quarter for the Mugback exchange. Recent increases in Mugback supply have allowed the savvy to become fabulously wealthy overnight. This is very important to us because we believe being rich is a human right!

The influx of capital has temporarily affected Mugback buying power. Our economists have calculated the new Mugback : Mug exchange rate to be .7. This is calculated based on recent known exchange transactions, the affect of which is weighted due to the severely limited data on such transactions.

Because of the decreasing buying power of the Mugback, we've decided the best and fairest course of action to our investors is to make more Mugbacks available by printing more. A supply correction of 50,000 will be implemented to start, and more may be minted as prescribed by financial experts.

We are also awarding a one-time basic income payment to each person recorded in the ledger. If you would like to be included in the ledger and receive your one-time basic income payment retroactively, please comment below indicating you'd like to receive your basic human right to be rich.

edit:

Dear Mugback holders, This has been an exciting quarter for the Mugback exchange. Recent increases in Mugback supply have allowed the savvy to become fabulously wealthy overnight. This is very important to us because we believe **being rich is a human right!** The influx of capital has temporarily affected Mugback buying power. Our economists have calculated the new Mugback : Mug exchange rate to be .7. This is calculated based on recent known exchange transactions, the affect of which is weighted due to the severely limited data on such transactions. Because of the decreasing buying power of the Mugback, we've decided the best and fairest course of action to our investors is to make more Mugbacks available by printing more. A supply correction of 50,000 will be implemented to start, and more may be minted as prescribed by financial experts. We are also awarding a one-time basic income payment to each person recorded in the ledger. If you would like to be included in the ledger and receive your one-time basic income payment retroactively, **please comment below indicating you'd like to receive your basic human right to be rich.** edit: @Wawhite13 @Krier55 @AOU @Timmy @COFfer @PMYB2 @Owlchemy @x0x7 @starjello @slumsta @Chips @Boone @JoeKerr

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[–] • 0 pt

owes me 50K mugbacks he contributed to my non-profit foundation, for the children. Please ensure this transaction is noted and funds transferred immediately. If necessary, as mugbacks has been taken off the mug standard, please adjust your mugback supply accordingly.

As a one time donation, I hereby transfer 20K in the mugbacks from WaWhite13's generous 50K gift to me for the children, to for maintaining and operating the Court of the Mug orphanage operation. Ensure that transaction is also recorded immediately, if not sooner.

Also transfer 5K mugbacks to as a gift from my foundation for duck, chicken, and rabbit rehabilitation activities.

[–] • 0 pt

I would need to see confirm the original 50k donation, as it seems he confirmed a smaller amount. Otherwise I would need a court ruling necessitating this transfer. I would then need lien priorities (Would he pay off the 30k to you first? Or the 20k to ?). And lastly, I would need to accept the donation.

[–] • 0 pt

The Court of the Mug, Chief Justice Owlchemy has accepted 's 50k generous donation to his foundation. As a representative of the mugbank exchange, it is not your place to question. At the Court of the Mug, we don't take kindly to those who thwart the will of the people and the people have spoken.

[–] • 0 pt

Donation accepted.

[–] • 0 pt

Noted. For now this is a hypothetical acceptance. But in the event a transaction is confirmed or mandated, the bank will acknowledge this donation, subject to lien priority.