Topic: [BitFunder] Graet.Loan - Paying 0.05% interest daily - page 11. (Read 53018 times)

+1

Great , do you know UKYO and are You the director of Weex?  can you tell us what happen there for stop spreading FUD... Thanks

Graet, can you stop paying to BitFunder? Just take the asset list from BitFunder and declare that all the shares are direct and any transfers inside of BitFunder will be invalid from that moment on.

Transfers then could be made through you if people decide to trade your bonds. Dividends then will be paid once a month or so. There are a bit over 100 holders, if there are going to be trades, you can manage that on your own. There is no need for listing the asset on any exchange. In that case traders will pay fees for tradidng, and I believe there is listing fee to?

Please Add me to Redeem queue as well:

hello graet,
i have 1099 shares on bitfunder.
Bitfunder Public Bitcoin Address:1NBc1PuaXG3p1hTk4vADT31SXGydHHievi

I am on the list, and the requested amount is different from what I have now. I also sold some shares after the request, but not much. I still want to redeem all of the shares I own. The shares I sold were below face value, so the buyer hopes to gain a little bit extra in addition to the dividends.

I believe that there will be more redeem requests, especially if btc continues to go up in price.

I'm fine with direct shares, and I don't need dividends every day. Once per month would be totally OK for me. That way Graet won't have to send dividends to 100 or so addresses daily.

Trading can also be implemented with direct shares. Maybe with PMs between buyer and seller, then directly through Graet, in that case he can charge a fee (for example 0.5% or 1%). And yes, that would be totally OK, since BitFunder charged 1% too. So if you decide to make shares tradable, Graet, it is completely justified to charge a fee.

Fantastic to seem some information here at last.    Thanks Graet.

I for one will consider holding on if an acceptable forward plan is set in motion.

Dividends direct to our public addresses would be a start, and a great show of confidence, perhaps with a plan to list on an exchange in the future or at least some way we can trade if needs be.

Information is the key to confidence at the moment. I would imagine at least some of your list above would also not be in such a rush t cash out if a serious plan was put in place.

Again thanks for the update Graet.

Will Graet continue the dividends to public address or will he close the whole Great.Loan asset ? 

I, too, am not in this public list. I PM'd a request on October 9 to redeem 33 shares.

Graet what about GPT.ESecBTC and GPT.YABMC assets?   

In case you were not aware ESECURITYSABTC on BTC-TC has already been migrated to Crypto-trade nearly a month ago and dividends have already been paid for October. If you not planning to continue the pass through, could you transfer the shares to the individual holders who have accounts there?

Redeem list with updated cumulative:
Comparing with the public list, only 4 balances match redeem requests. If ru0chen (position 6) is typical,  this list shows balances at time of redeem request, but shares have subsequently been sold. ru0chen is listed as requesting 2000 shares redeemed, but only holds 500.
Also, some may no longer feel the need to redeem immediately, if they feel there is a credible forward plan.
Graet, your position may not be so extreme. Might be worth contacting your "investors" for an up to date sit rep.

Thanks,

edited list for  SteveB and ru0chen

Thanks for the nice update too, Graet. In this time, your frequency of communication is very important.
I have 18,947 shares and my publickey is 123bTje31Ljb4egbWnLjcBFxkme6A3db7R . I wish you can still pay the interest in future, and push my redeem in queue. I wish you can redeem it as soon as possible.

agreed!


Hi,

redeem?! means to sell my shares at the stock value ?
Thats what i would like to .. iam total confused cause Btifunder shut down

Greets
Djingis

Even if these news are bad news for someone this news are good news.

I like if ppl just tell whats going on. Less fud from trolls and no more reason to freak out. Lack of communication has become a big problem in alot of other projects.

Thanks for the nice update, Graet.

yes, but it would be confidential.
my btc businesses earn in Bitcoin, exchange rate does not influence this

Are you able to provide any further information about your BTC assets/earning capacity which might encourage such angels?
In particular - to what extent is your ability to repay the loan affected by further rises in the BTC exchange rate?

Still looking at options for management after BitFunder closes, self managed still looks best, paying to the addresses listed on BitFunder - though the ability to trade among investors would be restricted.
I have had a couple of other options suggested that I am looking into.

This is the list of redeem requests, I do not yet have investor information, most likely people with requests can see their amount for an idea of place in queue:
Position   BTC Requested   Cumulative total
1            12.87
2            133.57           146.44
3            40                 186.44
4            40                 226.44
5            58.70            285.14
6            20                 305.14
7            70                375.14
8            70                445.14
9            25                470.14
10        163.09         633.23
11        14.56           647.79
12        10.92           658.71
13         189.47          ?*
14           ?                ?
15           ?                ?
16        10.97          669.68
17          ?                ?
18              ?                ?
19         24             693.68
20         31.68        725.36
21         8.58          733.94
22         4.4            738.34
23         11.11        749.45
24         40             789.45
25         2.6            792.05
26         24             816.05
27         17.03        833.08
28         4              837.08



? represents a request made but no amount included
* will update running total when I have time

So almost 50% of graet.loan still in circulation has been requested to redeem, so unless an angel appears and takes over the redeem requests it will take some time to work through that list (though I will be doing my best) remembering the goal was to have most of the loan repaid by mid 2014.

Hope that answers some of the questions
Best wishes
Graeme

 Edited to update list


P.S. I am a customer of BitFunder not a staff member and am unable to help with BitFunder support requests.