995300+ entries in 0.756s
mircea_popescu: <Diablo-D3> I cant do it alone, even if DMC could afford a lawyer, it needs
to be multiple independent complaints and suits against him << who
told you
this
tho ?
mircea_popescu: <gigavps> if you go back 10 pages in
the gigamining
thread,
there were multiple people asking me
to get a lawyer <<< lol
gigavps: PsychoticBoy
that email is not in either of
the lists i have received
Diablo-D3: I cant do it alone, even if DMC could afford a lawyer, it needs
to be multiple independent complaints and suits against him
Diablo-D3: well, with DMC, Im going
the route of
telling my shareholders
to go after GLBSE legally
PsychoticBoy: you can get
this email first and check
this one: flyingdutchmanbitcoinfund@gmail.com
gigavps: if you go back 10 pages in
the gigamining
thread,
there were multiple people asking me
to get a lawyer
Diablo-D3: gigavps: I find it strange you hired a lawyer
though
gigavps: PsychoticBoy let me a least see if you are in
the list
PsychoticBoy: thats
the same info you got from glbse so
that should be enough
pigeons: i like
the guy on
the forum who complained for a few pages and
then at
the end said, "does
this mean my 2 shares of giga are gone?"
PsychoticBoy: nope wont happen gigavps, I can give you my email and btc address and
that would be it
gigavps: PsychoticBoy please submit
the information requested
gigavps: maybe we should use
the last mpex
trading price
PsychoticBoy: in
the neightbourhoud of
the last
trade on glbse lets say 0.6 btc per bond and
the outstanding div
gigavps: PsychoticBoy how do you propose we decide on
the final buyback?
pigeons: seriously, how can he determine final buyback?
ther is no last 15 days glbse
PsychoticBoy: I just want
to recieve my outstanding div and final buyback
pigeons: someone stole your freenode password
to
threaten gigavps?
PsychoticBoy: I am man enough
to say I did say it but
thats not
the case
mircea_popescu: <PsychoticBoy> I did not auth so everyone could have said
that << ah come on.
PsychoticBoy: dont want
to recieve
the same email again with
that .... story
gigavps: pm me you email and i'll be sure
to have my lawyer contact you on monday
PsychoticBoy: I own lots (probably more
than 100 bonds incl FDBF
gigavps: please submit
the information requested, and you'll be paid
PsychoticBoy: I did not auth so everyone could have said
that
pigeons: it doesnt say last
trade, it says last 15 days, glbse has been closed more
than 15 days
PsychoticBoy: sure, keep
talking shit, last
trade on glbse was 0.78
pigeons: so he bought back your contract at 0,
thanks nefario
pigeons: PsychoticBoy: last 15 days on glbse (which
the words glbse are not in
the contract for htat) is still 0
PsychoticBoy: last on mpex does not mean last on glbse as stated in contract, but beeside
that no dividend etc
pigeons: ok so he paid you back
then
pigeons: PsychoticBoy: how would he "pay you back"? at
the mpex last 15 day price as
the contract specifies?
PsychoticBoy: We all know who he really is so should be easier
to hunt him
than
Trendon Shavers
PsychoticBoy: at
this point gigavps is stealing our money, he
took my money without any ID or such, so paying me back would also not require any ID or such
PsychoticBoy: I will invest as much btc a needed
to...............
PsychoticBoy: he got 2 options: 1 pay up or 2 feel
the consequences
Chaang-Noi: if he buys
them all back, and people are okay with
the price
that might work, im not sure
Chaang-Noi: he is changing
the deal...
that wont fly well, he should have just
tried
to keep
the old one, and
told people
to deal with GLBSE...
Diablo-D3: what, if he buys back all
the assets?
Chaang-Noi: i dont
think giga got a lawyer as good as mine...
mircea_popescu: i dunno where people get
the idea
they will receive some replacement bond
Chaang-Noi: well i guess he is not letting
the stuff
trade...
Chaang-Noi: honestly im shocked giga is doing
this
Namjies: Might achieve just
the same
thing, except it would be easier
to manage for everyone and harder
to evade.
Namjies: If a government is bent on providing services
to
the population and public infrastructure, I'd prefer it's budget be levied
through a large property
tax and luxury
tax.
Namjies: Ah, income
tax is annoying and complex. And
too much exceptions and special cases.
Namjies: Ok, so no one is claiming
them.
Namjies: Well Mircea, could you at least let me know if
the person holding shares for you on GLBSE will claim
them?
mircea_popescu: November 21
Thanks for
the suggestion. So far we have been pretty successful doing a bunch of
transactions
mircea_popescu: MPOE-PR points him
to
the "wanna start a business
thread"
mircea_popescu: November 20 Hey all, I am attempting
to start a new business where people can buy and sell bitcoins easily and safely
mircea_popescu: no, what i'm saying is,
this detail is not important, i could actually make
the claim as well as
they could.
Namjies: So
they'd have
to make
the claim strictly for you...
Namjies: Especially if
that person didn't hold shares strictly for you.
Namjies: As such I could simply claim with my signed statement from MPEx directly with
that person, assuming
that person will be making
the claim.
Namjies: The claim has
to be made associated with
the BTC address provided
to GLBSE.
Namjies: If you don't have an account,
then it's
the GLBSE account owner who
technically has
to make
the claim. He was
the one proxying for you who was proxying for
the ETF holders.
Namjies: Or did you provide
that, assuming Gigavps would pay without further requirements?
Namjies: Let me guess, you have not provided GLBSE an email & BTC address? As such you're not even on Gigavps's list
to start with?
mircea_popescu: you can
try, but gigamining would i imagine point out
that it was assigned glbse shares, which is
true.
mircea_popescu: Namjies you mean
the contract as displayed on
the etf ?
Namjies: GPG signed statements are
technically valid legally and I have
the signed contract and
the signed statement.
mircea_popescu: didn;t you hold a bunch of giga on glbse
too ? or am i confused
Namjies: I could always check with him if I can make a second claim for my interest in
the ETF.
Namjies: Hmm... well Gigavps lawyer is in charge of
this claim process and claims are sent
to him.
mircea_popescu: the SPVs can go bankrupt without
touching A or B, and also
their assets are off-balancesheet
mircea_popescu: A makes SPV A1, B makes SPV B1,
then B1 and A1 enter
the contract
mircea_popescu: spvs are
these vehicles created in derivative
trades rto insulate
the parties
smickles: Namjies:
thing is, as described,
the giga.etf wasn't actually an etf
mircea_popescu: kinda
the reason index funds outperform managed funds,
that fee.
smickles: the etf contracts i've read don't explicitly mention
the fee
Namjies: Could an ETF charge a management fee and assume all management/legal costs in
their contract?
Namjies: Hmm, but does
this applies
to all ETF or is it how ETF contracts are usually layed out?
smickles: fees are
totally shared by
the etf holders, it's usually communicated by an expense ratio
Namjies: Well fine. I'd say so
too. I don't believe it's fair
to require you
to incur
the fee now required after GLBSE's fiasco. But
the need for simple
thing, I still say it doesn't excuse you would have required a proper contract where you had protective clauses for yourself.
mircea_popescu: i still
think
this is
the correct way
to make such a passthrough
thing
mircea_popescu: that was
the original idea, and for
the very reason
that anything else is
too difficult
to spell out in a contract.