Pages:
Author

Topic: Attention LTC-GLOBAL moderators and BMF/NYAN investors - page 2. (Read 2403 times)

vip
Activity: 812
Merit: 1000
13
Quick note to the mods.  This issue shows up on the locked tab, but contrary to most locked issues, Usagi's imported issues you can still vote on.  This is because of the special mode I created for these assets.

Quote
Will some of you please just vote yes on the asset so I can pay off my shareholders?

The only real issue I have (and I've stated this a couple of times now) is that the claim that approval is necessary to make investors whole is not entirely accurate.  I created a special mode when we imported these that allow private trading and forced buyback to function.  The lock is only on public trading.  Unless there's something else I'm missing, there is no reason to approve this just to close it down or buy it out.

I've made my case to continue operation. I am not pushing this because it is required to pay out the shareholders. I made that very clear in my previous message by stating I wanted to continue operation and stating I would put 100 BTC of my own money behind the new BMF. Besides, we've already seen what happened when I tried to do a final buyout of NYAN.B and NYAN.C. The shareholders complained because that is not what they want.

Quote
If you are a voter and you vote to approve this, expect it to be an ongoing concern, like any of the other assets on the exchange.  (good or bad, it's your call.)

Cheers.

Sure. Just like all the other assets on the exchange. That is precisely what I am after -- a fair shot.
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
Quick note to the mods.  This issue shows up on the locked tab, but contrary to most locked issues, Usagi's imported issues you can still vote on.  This is because of the special mode I created for these assets.

Quote
Will some of you please just vote yes on the asset so I can pay off my shareholders?

The only real issue I have (and I've stated this a couple of times now) is that the claim that approval is necessary to make investors whole is not entirely accurate.  I created a special mode when we imported these that allow private trading and forced buyback to function.  The lock is only on public trading.  Unless there's something else I'm missing, there is no reason to approve this just to close it down or buy it out.

If you are a voter and you vote to approve this, expect it to be an ongoing concern, like any of the other assets on the exchange.  (good or bad, it's your call.)

Cheers.
hero member
Activity: 532
Merit: 500
Anonymous voted NO with comment: 6 months after GLBSE shut down and still no list of assets (specifically mining rigs/ASIC orders). Seems abandoned to focus on new silver asset.
This comment was wrong when it was made and I don't know why this moderator hasn't been fired yet. There is a list of assets in the final closure thread and there was a list of assets in the public auctions (second auction) on the auctions forum. Secondly, this has been advertised in the BMF application for three months. Why hasn't this vote been changed?


I haven't got a vote (don't hold 10 shares) but maybe the moderators are having the same problem I'm having.

Nowhere can I see a list of what assets BMF holds.

The linked closure post nowhere has mining hardware listed - which is specifically referred to in the quoted portion of your text.  And it also has things like:

"DMC (1300 shares, claimed on BitFunder, unknown value)
Jan 27 - Estimated value is 0.1 per share based on holdings of 1,000 ASICMINER and 1000 BTC-MINING. We have the shares on BitFunder. Have sold 300. Will post an update after auction closes."

The auction closed months back.  1k DMC is quite afew BTC - yet it's impossible to tell from your psot whether you own them or not.

You're asking moderators to approve for trading something where they can't see what assets it CURRENTLY has (unless they want to wade through a ton of threads and work it out for themselves).

You're also asking for approval of something with a contract that is vastly different to what it was when listed on GLBSE - without, as best I can tell, any shareholder motion ever passed to change the contract.

There's no way in the world the nyans should get approval (they don't even have proper contracts up).  BMF - maybe - but I don't see it happening all the time you refuse to provide simple details of what it currently holds.  If you intend people to have to read a bunch of different threads just to work out current assets then you shouldn't be allowed to run an asset.  If you intend to provide that information in a neat spreadsheet in the future (like you used to) then maybe, just maybe, doing it right now might tip one of the No votes or abstains into a yes.
vip
Activity: 812
Merit: 1000
13
Attention LTC-GLOBAL moderators.

https://btct.co/security/BMF

This security has had +4/-3 votes for the past six months (shows up as 4/6).

Will some of you please just vote yes on the asset so I can pay off my shareholders?

What's the hold up? I mean, six months? There's at least ten mods that haven't even voted on BMF yet.

Guys, I have been waiting for six months plus on this. Can I get some yes votes please. Thx!

Anonymous voted NO with comment: Cannot approve. TU.SILVER on Bitfunder does not seem to be well managed. Clean things up, then maybe.
Response: It's been three months. I think it's safe to vote YES now.

Anonymous voted NO with comment: 6 months after GLBSE shut down and still no list of assets (specifically mining rigs/ASIC orders). Seems abandoned to focus on new silver asset.
This comment was wrong when it was made and I don't know why this moderator hasn't been fired yet. There is a list of assets in the final closure thread and there was a list of assets in the public auctions (second auction) on the auctions forum. Secondly, this has been advertised in the BMF application for three months. Why hasn't this vote been changed?

I wrote in the asset asking the moderators to contact me with their concerns and for six months no one has bothered at all. I don't understand what the holdup is. It's almost as if the moderators simply aren't doing their job.

CASE FOR RE-LIST:

1. Assets --> Yes, there are many assets which have not yet been sold.
--> See the above-linked lists. One example is 22,000 shares of BitVPS.

2. I have pledged to put 100 BTC of my personal assets behind a relisted BMF.
--> It has assets, and it will have more assets if it lists.

3. My shareholders want it to list.
--> BMF was shut down involuntarily and has shareholder support to re-list. Look at who was voting NO on my securities; Ian Bakewell, EskimoBob, and BitcoinOz. The best you can say about EskimoBob is that his LTC-TC business was a complete and utter failure. The other two turned out to be scammers. If these people have NO votes on my security I want them removed and I would like a fair shot please.

4. I have proven beyond a reasonable doubt that I am an excellent and trustworthy funds manager.
--> Just ask cusdog, my CA, or DeaDTerra, my financial advisor. or the 30 shareholders of TU.SILVER on BitFunder. I do a good job.

Gonna cut this short because I'm a little incensed at having to wait so many months to get approved. I have done everything the moderators have asked, and I would really like to see this listed. Thank you.
vip
Activity: 812
Merit: 1000
13
Hello!

As the issuer of BMF, CPA and NYAN, I require a final decision on listing before June 30th, 2013.

If LTC-GLOBAL does not approve the listings before June 30th, 2013, they must be withdrawn.

LTC-GLOBAL moderators have had over six months to contact me with any concerns and to date no one has done so. I have gone far out of my way to communicate with LTC-GLOBAL moderators and to address each one of their concerns -- even the obvious trolls. In return, LTC-GLOBAL moderators have largely failed to do their duty, issuing broad, sweeping libel in place of constructive criticism, and failing to read or demonstrate competency of understanding of the actual contracts as written. I personally feel this practice has shown the asset moderation process to be a failure in it's current iteration. Burnside has shown limited agreement, but it has been months since he agreed certain changes should be made to the process and they have not been made.

My investors cannot wait forever. If the companies are not approved by that time they will cease to exist in their current form.

I'm not abandoning my investors. If you are an investor in my companies, feel free to contact me privately and ask whatever questions you like, as you have always been welcome to do.
Pages:
Jump to: