ProCubed Investments
ProCubed Investments








Pay for your electricity early and get a bonus
Pay on or before the 28th of each month R 100.00 rebate PLUS your rate is reduced to the average of the last 13 municipal rates!  Unused rebate will carry over to the next month!  Work this rebate and rate into your payment, or you will lose this rebate and rate.  Do not come back later for a rebate or rate that your missed out on!
Note: To get this, your deposit must be in good standing and you must pay cash, MiB or with saved rebate.  Shares will not work here.
Early cover (29th, 30th, 31st) This is our Two+One rate, which is fairly arbitrary.  PeterZ needed a number for Tenant at the end of April, so he stumbled on something quite close to two parts Current with one part Last 13.  (Hence the name, "Two+One", though this doesn't really mean anything)  If you are going to pay in this window, try get an updated number from Alice or work one out for yourself
Normal cover (1st, 2nd, 3rd) Use current municipal rates.  Here "current" means the municipal rate on the date payment for your units is received, not the rate on the date that your units were used.
Note: Rate changes will be on the first of the month
Late cover (paid 4th or later) You will be charged current municipal rates plus 10% on ALL unpaid units AND bonus shares will be taken for electricity!.  Here "current" means the municipal rate on the date payment for your units is received, not the rate on the date that your units were used.
Note: Rate changes will be on the first of the month
Loans Up to half of your last cash payment can be used as a "loan".  This loan will be covered by a decrease in units paid at a rate equal to the lesser of last rate used on your account and the current municipal rate
The Boogeyman After 2010-05-15, the collection of any money that has been due for over 100 days will be outsourced.  This will include collecting money to maintain a minimum deposit of 21/19 of one month's rent.  Should anyone become testy about these processes, the 100 days mentioned here will be reduced

Date Source Value Covered Late Current Two+One Last 13
2008-07-01 Cash R 1,000.00 1,606.19 units 0.546130
2009-03-03 7 T9PF R 470.83 756.24 units 0.546130
2009-04-03 1 T9PF R 55.84 89.69 units 0.546130
2009-06-03 1 T9PF R 59.85 73.21 units 0.717070
2009-07-03 1 T9PF R 61.01 74.63 units 0.717070 0.572428
2009-08-03 1 T9PF R 77.60 94.92 units 0.717070 0.585578
2009-09-03 1 T9PF R 85.47 104.55 units 0.717070 0.598727
2009-10-03 1 T9PF R 87.61 107.17 units 0.717070 0.611876
2009-11-03 1 T9PF R 88.93 108.78 units 0.717070 0.625025
2009-12-03 1 T9PF R 89.74 109.77 units 0.717070 0.638175
2009-12-23 151 A3IF R 277.37 339.30 units 0.717070
2010-01-03 1 T9PF R 89.22 109.14 units 0.717070 0.651324
2010-01-24 151 A3IF R 277.37 339.30 units 0.717070
2010-02-03 1 T9PF R 87.11 106.56 units 0.717070 0.664473
2010-02-08 Dividend R 8.60 10.52 units 0.717070
2010-03-01 Cash R 50.00 61.16 units 0.717070 0.677622
2010-03-03 10 T9PF R 998.60 1,221.58 units 0.717070
2010-03-05 Dividend R 7.14 8.73 units 0.717070 0.717070
2010-03-11 Dividend R 29.92 36.49 units 0.719221 0.717070
2010-03-12 10 T9PF R 1,014.00 1,235.48 units 0.719938 0.717070
2010-03-17 24 T9PF R 2,459.12 2,981.41 units 0.723523 0.717070
2010-03-19 Interest R 974.10 1,178.65 units 0.724957 0.717070
2010-03-29 Gardening R 1,350.00 1,617.49 units 0.732128 0.717070
2010-03-31 Cash R 1,300.00 1,554.53 units 0.733562 0.717070
2010-04-03 3 T9PF R 331.07 315.78 units 0.919642 0.896338 0.704561
2010-04-15 Gardening R 110.00 103.70 units 0.930398 0.896338
2010-04-28 270 A3IF R 558.90 520.42 units 0.942050 0.896338
2010-04-30 Cash R 467.00 481.97 units 0.898226 0.849939
2010-06-15 Gardening R 110.00 97.86 units 0.985971 0.896338 0.758439
2010-06-24 Loan (R 200.00) -195.72 units 0.896338
2010-06-28 Cash R 960.00 854.08 units 0.985971 0.896338
2010-06-28 Loan R 200.00 195.72 units 0.896338
2010-07-01 0.896338 0.772229
2010-08-01 0.896338 0.786019
2010-09-01 0.896338 0.799809

NEWS

2010-06-28 : This account has been upgraded to "current"

2010-06-27 : It has now been 100 days since this account's deposit and interest on deposit was used to cover electricity

2010-06-04 : This account has been downgraded to "late"

2010-05-15 : Account is current, so R 110 for gardening has been allocated to A4CB (towards outstanding deposit)

Still due : Deposit @ 21/19 of R 5,250 PLUS lease fees @ R 200.  Average consumption is about R 19.57 per day

You can now use WakeUp! deals and shares with rent to pay for your electricity!

NOTE : The unit rates above do not include VAT
Pam Golding properties in the Eastern Cape from R800,000 to R1,500,000

Great WakeUp! Deals

If you owe anything to ProCubed Investments, up to half of the T9PF shares purchased will be taken to cover your debt

--- PAY EARLY AND SAVE ---

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