[BitFunder] Graet.Loan - Paying 0.05% interest daily - page 10.

Bananery

member

Activity: 108

Merit: 10

Quote from: julz on December 09, 2013, 03:57:30 AM

I don't understand why dividends are (were?) being paid via a system which Graet would know (as a director of weexchange) has lost coins.

Because he himself had funds in the broken system that he can't withdraw. By paying them inside of the broken system he makes them available to him, because he can say he paid them, it's not his fault the system broke.

So if WeExchange doesn't pay out, he effectively converted his frozen funds into real one.

julz

legendary

Activity: 1092

Merit: 1001

I don't understand why dividends are (were?) being paid via a system which Graet would know (as a director of weexchange) has lost coins.

If those of us with funds trapped at weexchange don't end up receiving the full amount - it seems unreasonable for him to have paid into a system which will not return 100%.

I applaud the efforts to resolve the situation via a deal with Neo & Bee, but if there is any doubt that the full dividends paid into bitfunder/weexchange will reach the shareholders, then such dividends should have been with-held until direct payment was practical.

There is no circumstance under which it is reasonable to put yet more user funds into a system which is not going to pay out 100%.
Adding such funds after the event, means that the average haircut would be less - but it is not legitimate to add more *users* funds to some loss-sharing pool.

I can only hope that this means Graet has complete confidence in the upcoming arrangements and has good reason to believe everyone will ultimately be paid.

digit

legendary

Activity: 1672

Merit: 1014

Quote from: digit on November 21, 2013, 05:28:17 AM

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?

November dividends about to paid out soon. Can you give some answers please?

lunarboy

hero member

Activity: 544

Merit: 500

Quote from: Bananery on December 07, 2013, 03:35:09 PM

Next time he pays dividends, it will probably cover at least a week or maybe even a month. Paying every day isn't for best, because the translation fees will take a lot from the dividends. I'm quite alright with weekly or monthly dividends.

Weekly makes a lot of sense now the tx fee is so high, i'd be reluctant to switch to monthly unless there was an official method to trade shares and a new published business plan.

Bananery

member

Activity: 108

Merit: 10

Quote from: lunarboy on December 07, 2013, 03:26:13 PM

So seems like the dividends are no longer being sent to Bitfunder... and they don't seem to be being forwarded to Weexchange.

Graet: We could all use an update here. Doesn't have to be much but a provisional plan would be nice.

Thanks

He paid 7 BTC on the last day of November, so it means we're covered until December 8th. I hope Graeme can give an update tomorrow, but looking at how slow his communication has been so far, I'm not expecting anything for several weeks.

Next time he pays dividends, it will probably cover at least a week or maybe even a month. Paying every day isn't for best, because the transation fees will take a lot from the dividends. I'm quite alright with weekly or monthly dividends.

lunarboy

hero member

Activity: 544

Merit: 500

So seems like the dividends are no longer being sent to Bitfunder... and they don't seem to be being forwarded to Weexchange.

Graet: We could all use an update here. Doesn't have to be much but a provisional plan would be nice.

Thanks

edit: just noticed the last dividend sent to bitfunder (30th nov) was for 7 days at once.. no idea what that 'means' though. Huh

ohyeahok

sr. member

Activity: 338

Merit: 250

There is no news?

Djingis

newbie

Activity: 47

Merit: 0

Quote from: TurdHurdur on November 30, 2013, 02:14:37 PM

A 0.000035 dividend is nice and all, but how about you send it to the assets list addresses instead of the black hole that is weex?

nobody knows ..

anyone got his redeem request proceeded ?

seems like graet is really busy ?!

TurdHurdur

full member

Activity: 216

Merit: 100

A 0.000035 dividend is nice and all, but how about you send it to the assets list addresses instead of the black hole that is weex?

thirdlight

sr. member

Activity: 445

Merit: 250

Quoting for reference:

Quote from: Graet on May 28, 2013, 08:06:22 AM

Loan to Graet (Graeme Tee)
https://bitfunder.com/asset/Graet.Loan

References:
http://bitcoin-otc.com/viewratingdetail.php?nick=Graet
https://bitcointalksearch.org/topic/escrow-list-108716
Owns and runs Ozcoin Pooled Mining Pty Ltd and CrownCloud.net
Australian Director WeExchange Australia Pty Ltd

Interest:
- Shares shall pay an interest of 0.05% daily.

Shares value:
- A maximum of 200,000 shares will be issued
- Shares have a face value of 0.01 BTC
- Shares retain a minimum of $0.1 USD value each.

Should any event make Bitcoins become valued at less than $1 USD per Bitcoin or impossible to be transacted, you may request to redeem your shares for $0.1 USD instead.

Redeeming Shares:
- Shares can be redeemed at face value anytime upon request.
- Redeeming shares may take some time to liquidate positions or procure more BTC.

Description:
This loan is to hold and/or use BTC for on-demand needs for my projects, such as OzCoin, CrownCloud, etc.
This loan is not tied to the success or failure of any business.
This loan should not be defaulted on unless personal bankruptcy is officially declared.
Consider it a personal loan.

You can request refund of the loan at face value anytime.
Redeeming bonds may take some time to liquidate positions or procure more BTC if no liquid BTC is available.

thirdlight

sr. member

Activity: 445

Merit: 250

Here is the current public asset list:

Code:

13NbNBhTtUeuCTFXE6XfqkZ57kbrsMEMmp	27575
1D9z1WJhoZ9TrpALLgWnXH6qkNkyDSMM7b	25860
123bTje31Ljb4egbWnLjcBFxkme6A3db7R	18947
1btci44qRvsLtahoyqEfJXXKzhQAFT7Gp	16302
1AZDW4Sp8FMbUM7fZV1RDZf2ZBgc2LSg4U	13357
12sSovogPEPn6SwmTU5omVzpvKNPw9TUdY	9879
161fR8rAY7sjSNTCSEZBaHci7SWAPEGEKb	8747
1FQLUf2cnS5gbEyxhbxEVkURVJ76DJHFej	7855
1JgrxkAbiCUnhY7jYJ5Vkiisx4DynNxCD9	7481
15x6dVyAJSXeH897dJ3cgF7Wf7CekeZmgj	6998
1GYZyoeZFBbvY9dak4PVBa5MNNuVNRVLw	5866
1N2P7f3B1qNm3h6mtFU2CeE6FXGG4fNCnS	5450
1AbyfrvNyoEkyT993aPz3x4zajeXp188Wj	4350
1Ge1N1XmL6jF89S9UULToyecYy46kf7fhV	4100
1G4gDC56KPeEXi7CmRZ2yaAD5utnM35No4	4000
1AzThCepg5Pf9pJQHMBkH6JpR75xRCb4pT	3168
16WXJw9ab2zG4okSqicDKeQ1vFJVPJ1Jkd	2500
1LCN6NyhTcNXpsmY1Lk7meQpQzU4yrGKY1	2400
1nFe55ncihZfYXMH1dPBpSzkuqy9gJSmL	2085
1DviF5vwPD2Hvn589uXgB8H4Jh5sGZZbs6	1703
196twf3AbUNqGVd2dj9AUP5Fb6KY9kLkit	1500
1KBQi3tgvn5XoSvL8pTi2mGwyodyMqCKss	1456
1BNohMcNtuDtekiN3kpE52Ei5YXN5tViLH	1373
1Xdc9KwMw6FFWScwZmBK4hUT8fHQGQG6F	1278
18AejeE1Bj8ZfxFXib67FbDnyQMeg4YCaV	1111
1NBc1PuaXG3p1hTk4vADT31SXGydHHievi	1099
1LphUPVWMhKaVH7eWUtKQxwxrrBmd8wdAV	1092
1HpVUGyw4kdktDMrrPzMLaX1nLm7ZRdff8	1014
15Ac2gmor6VAQg7y5LhE9cyKZxndcyeiJY	1000
1DZgn5tqasTm99hMe5oKpDmTKjbKmUqAnJ	1000
1Mi3A5ADgoX8zRxRihY9m8xDpAU8WBxqcG	999
1Mn65Q9Xm6NBoPdF8ppS3AzgRLt92ZKtTq	979
1NRi3MXPoPJujKSdknoZPFNewsWp7qnHs	780
13LA5mL45ANAcvBZvCVBHEtgpNVBc8RaZF	766
1GwVpRYhX1Vb7vbAjPyVDmLXaPu7PVfJgo	758
1LDMoq6G8SA1EGTfaDPGJusDBvzyc7y4Dj	600
1Q1qUfAZTBo6KvWBGXnmqkcsHJXmqjuh12	500
1CgnF6z4hvSnDUm1ATpZb1YFWJKZBBMF7e	500
14GMyJV3g8yqm51oRzYfirE1Jg5qMqkLjz	440
1K681W8p3f93jk4Lkm4txijfctfUttgRG6	400
1NnFPNpjF9a4MoCvdUtmTmfyu4AFyhbyAs	290
1L4nxiYvuS4tbP9n1gi28J9iUSt22asQYf	260
1PbdJuKZXcV8oTGSbGGME1mXtacbGC67mk	259
188ZGGV3texLSZ8ZJ9ZLL6bmvoNEVWJBkq	204
17LczfYPbxGW7Cw7osAmqwWFVDELe19o6m	200
1PAA9WHBJ221eMgRrNHiRrbBiwNw8TwQTe	200
1Dx8J2JCkYvtzxZ1XQhfif5pSE4buSPQ7V	150
1EHWWPsqdsGeuB5XBx2daAhFUf3KVMfws2	123
1DsUJ6A8URhYaFcxXvx3rjfB56bpQYDEvr	122
1Lj4MXfZNuLPE3dtiat6Sb32uFf8oxEjN2	100
1FV1dzKhyCzpZZpiaD9rsLkH8qkrmckRU9	86
168cHcVM8BNbSaFDRdUemeZmgaNmb2dUBu	85
17UGzsFnZUjwsSkHn5VvWjgjeHHZE4NBzW	85
1Gt8kUVLW9g3m9kg8FoMm7uZ4wjT86kMG	75
1LszQwcpyVsHAGaEu3KaTaTo6hp1VgqBCF	70
19dPnrZXtLqaiihmYXQqFYn7Y1fndZiLF6	53
17u2Vdq3oUbfKpZmebj6gMHZpKQ9PdbLbf	50
1N9SW1UqrC4GUDLbLenaznE3LkU3javL1r	40
1HaKNzqBXA44tV7k7TZRaAuHTfPb6LaXf8	38
1MdPwq8tdu4a3kYjtoBvTGdCUpP1qjpXGo	35
14xGDtokDwywo1NUaoi7xBr2X4qQm7t7LQ	33
13wswHPAcKBivtV28jEW7jm7AZjNFsVPAr	30
1CKceVD5diJJe4aJPmk6dCc9HwNjB23Mza	23
1HGAE4YdwASijNkSFQpvTt4UoyS6GngJQC	20
1B9FuVRbJQBm1RDkrVzQnHbGi6MFmDCh9u	15
1KXuL99qRhsQDsLL8QweXkxAWkuSpxczut	15
1E2KSF1vf5dqVwiaefo5eWPEz12tmg8NPt	12
1FbyPbKCkzdU1rPQu5hy2U9ARFxxfCn1cn	11
none					10
19Ei3TRu6xQRyKfvXC9b4ibGy3fUTPwj5Y	10
19Ei3TRu6xQRyKfvXC9b4ibGy3fUTPwj5Y	6
1SYxZQrhGwFCAY6hFNWMJtiZiHthF32rw	5
1FJTUC8iG36izauKLhVvAHFvGqKbF7EijQ	4
1Lyp4Ay8xJWEdEtbNntVKjj8BbH6ALs9a9	3
1Kn78fvoyQeifShQkukVqm11jFV7UYurZE	3
1PBN7yhi6JLEa6VV31npGLV2ehrepoYdyR	2
1EmrbLDymA6WKHBZfXeA2sXFvp2FrHDmwe	2
1GVgT76JC4Gy48dPFESntQ49u9Z1G39T6v	1
1KrxecCGj1PD458Lfd8xx54KmQm77tXzVA	1
19MSCX2fcRQUBsGAL1eitBejMXpf7ZpMbU	1

Worth noting that one account has 10 shares, but no public address.
Also, there are still changes being made to public addresses - not many, but some.

Thanks,

tolan77

full member

Activity: 125

Merit: 100

In case this still gets resolved, I am not on the redeem list. I sent my request for 2085 bonds October 10th via email with a reply on October 15th and have heard nothing since. Public bitfunder address 1nFe55ncihZfYXMH1dPBpSzkuqy9gJSmL

Edited
Also sent PM with PGP proof on October 9th.

Djingis

newbie

Activity: 47

Merit: 0

Quote from: Bananery on November 29, 2013, 08:55:16 AM

Quote from: Djingis on November 29, 2013, 07:51:11 AM

Anyone got news about the loan ?

Is it possible to pay out ? or get the future dividends to the public adress ?

Do you ever read older messages from the thread or just ask whatever you want right away?

he's still paying dividends on bitfunder account , wrote him a message 1 week ago .. no answer

but yea i read older messages but there arent any news right now about the dividends ?!

Bananery

member

Activity: 108

Merit: 10

Quote from: Djingis on November 29, 2013, 07:51:11 AM

Anyone got news about the loan ?

Is it possible to pay out ? or get the future dividends to the public adress ?

Do you ever read older messages from the thread or just ask whatever you want right away?

Djingis

newbie

Activity: 47

Merit: 0

Anyone got news about the loan ?

Is it possible to pay out ? or get the future dividends to the public adress ?

bittymitty

sr. member

Activity: 294

Merit: 250

Quote from: Bananery on November 26, 2013, 05:00:14 PM

Graet, stop paying fucking dividends into fucking BitFunder. The funds at BitFunder are most likely either frozen on seized, shit hit the fan, Ukyo himself said it.

If we won't get the dividends that you paid while it was a known fact that WeExchange had withdrawal problems, you will pay all those dividends for the second time, that time for real.

There is no BTC its a fraud....

Bananery

member

Activity: 108

Merit: 10

Graet, stop paying fucking dividends into fucking BitFunder. The funds at BitFunder are most likely either frozen on seized, shit hit the fan, Ukyo himself said it.

If we won't get the dividends that you paid while it was a known fact that WeExchange had withdrawal problems, you will pay all those dividends for the second time, that time for real.

SOSLOVE868

sr. member

Activity: 378

Merit: 250

Quote from: thy on November 25, 2013, 04:55:47 PM

Quote from: SOSLOVE868 on November 21, 2013, 05:40:20 PM

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

It sais right on the first page of this thread that he's the Australian Director of WeExchange so of cource he knows Ukyo.

Quote from: Graet on May 28, 2013, 08:06:22 AM

....

References:
http://bitcoin-otc.com/viewratingdetail.php?nick=Graet
https://bitcointalksearch.org/topic/escrow-list-108716
Owns and runs Ozcoin Pooled Mining Pty Ltd and CrownCloud.net
Australian Director WeExchange Australia Pty Ltd

....

Its great, so Great should be give us some explanations about what happening with his great company ....

thy

hero member

Activity: 685

Merit: 500

Quote from: SOSLOVE868 on November 21, 2013, 05:40:20 PM

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

It sais right on the first page of this thread that he's the Australian Director of WeExchange so of cource he knows Ukyo.

Quote from: Graet on May 28, 2013, 08:06:22 AM

....

References:
http://bitcoin-otc.com/viewratingdetail.php?nick=Graet
https://bitcointalksearch.org/topic/escrow-list-108716
Owns and runs Ozcoin Pooled Mining Pty Ltd and CrownCloud.net
Australian Director WeExchange Australia Pty Ltd

....

digit

legendary

Activity: 1672

Merit: 1014

Quote from: digit on November 21, 2013, 05:28:17 AM

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?

Can you give an answer about this please? These are also assets you created on Bitfunder besides the loan, there have been no updates about them from you yet. Huh

Topic: [BitFunder] Graet.Loan - Paying 0.05% interest daily - page 10. (Read 53144 times)