Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1306. (Read 3917029 times)

I am a shareholder, but as there is no access to GLBSE, how should I know how much shares I am holding ? It has been over a month when GLBSE was shut down and I would expect that there are other investors who don´t know the exact amount of shares they hold.

Can I make a claim that I am a shareholder without the amount of shares I do hold ? I will submit this data later once GLBSE has released this information to me.

Cheers

H

Update

GLBSE
To any shareholders who haven't made claims yet, please report your shares to
([email protected]) with your e-mail address, your number of shares, and your
Bitcoin address.

The collection of claims could not last forever. We would in principle stop collecting
claims on forum time 23:59:59, Nov. 18th. Any claims after that should come with
very solid proof.

If you have friends or known people who don't visit this forum often, please do us
a favor to tell notify them.

And please keep in mind that this is only a backup plan on the event that GLBSE fails
to give any data.

The project
We are still waiting for the foundry (chip manufacturer). We polled the information from
our foundry agent harder, and are told that bad part is that their production line is becoming
busier though the fourth season is an off one, while the good part is that the person in charge
of the production house have already positively responded to our foundry agent's push.

Other than polling for responses and updates from our foundry, we have made many parts
of our side ready, including the packaging service and the logistics. There are work still left
to do. Some need actual assembled PCBs after the chips arrive, for example, tuning for the
best performance with the miner software. Some are doable now and we are doing them,
for example, reserving of slots from the assembly service.

It is possible that we are the earliest or very early among all ASIC mining device
providers. But if the delay from the foundry happens and we are unable to catch
the first bus, making the "fast money" moment shorter, we will still do anything we
could for our investors to gain them more longer-term profits with adapted business
plans of mass production, proper pricing and better deploying with cheaper power source.

1) Writing or changing his scripting does not take days or weeks.
2) Why use a script at all at this point? All payments could have been done by hand in a couple of days.
3) He doesn't know exactly who paid him what, because everyone had to pay to the same address.
4) No progress, no communication, no nothing. He is acting in bad faith, as many people have pointed out.

That's how I have understood the situation.

That would take hours, if not minutes.

Please see my statement at
https://bitcointalksearch.org/topic/m.1313150
He doesn't want to hold the assets hostages and he doesn't plan to do so, but he needs to change the script so that all the people that paid back the double payment get their assets while the once that didn't pay it, don't get their assets.
Hence the only assets that will be held hostage is the once of the people that didn't pay back, the rest will get their assets. That's how I have understood the situation.
//DeaDTerra

There is no hint that nefario really was threatened by fsa or similar. Even the lawyer he claims has given him advice doesnt answer any other person. So its questionable if he even spoke with him. Its somewhat strange. In the nefario-scammer-thread the majority now is thinking that nefario will scam them. I dont think so yet. I think he is only stubborn.

If there really was a threat enough to cause him to shut down, the same threat prevents him from sharing that information. Otherwise he wouldn't have had to shut down so abruptly in the first place. Maybe he's trying to figure out a way to make it possible for him to supply the information without incriminating himself (requiring AML from issuers and whatnot), but to my experience things don't work that way in the real world. If the regulatory system was in peace with unusual ideas, we wouldn't need GLBSE in the first place. The only clean way out was accidentally leaking the information, and that ship seems to have sailed.

yeah, what's so hard about releasing simple information about who has which shares of which company. 5 minutes of time.

Everyone wants his head on stick because he is not complying with requests for shareholder information...
Absurd that he holds that info hostage because his script paid out more than it should. One has got nothing to do with the other ! One screw-up should NOT lead to another one !!!

Since friedcat is probably busy, I can partially fill in for the GLBSE side.

nefario still is not complying with requests for shareholder information and, independently, he may or may not be facing prison time for violating financial laws in the UK. Everyone wants his head on a stick, next to pirate's and zhoutong's.

Other than that, I expect friedcat is still waiting for his shipment of canned kickass from China.

+1

... update? ...

... software? ...

Thanks for the update Friedcat! Just my curiosity, do you have everything else that you need ready? E.g. PCB's, PSUs, components for PCBs, reserved manufacturing slot at assembly house..

Update

GLBSE
We have got the phone number from DeadTerra, but got no replies whenever we call.
We also exchanged information with HorseRider, what we have got in mind as the result, confirmed
again that the possibility of GLBSE's default and refusal of shareholders' information is low. There
is also the latest update from HorseRider:

https://bitcointalksearch.org/topic/m.1307329

We believe that there's still a significant waiting period.

Again, to cope with the improbable unfortunate future scenarios, any shareholder who see this update
and hasn't claimed the shares, please make a claim to ([email protected]).

The Project
The foundry is still in the stage of processing wafer metal layers (the last stage of production before slicing/packaging/testing). So whoever
caused the hashrate peak is not us. Like that for shareholder information, we are in a relatively passive waiting state. Of course, we have been doing what we could control to optimize the schedule, making sure that our side will not be the critical path on the whole project.

The first 12 wafers (about 12TH/s) will be online in a 6/6 manner. That is, the first 6TH/s for demo and testing, with the second 6TH/s as the succeeding one after the first.

As the competition heats up, a longer-time profiting schedule is needed to complement the speculative plan of a short-time monopoly.
We will immediately make a mass production after the testing shows a high enough yield rate (2/3 is enough for us). The foundry poses limited production scale on the current price level, but more ones are negotiable with higher $/wafer.

chart is from http://bitcoin.sipa.be/

You are late and without booze to the party

+1

You should put error bars on those graphs ... daily hash rates are misleading without them.

now let's hope that GLBSE will give out the information about the shareholders...