Topic: [closed] Buy shares NOT - page 2. (Read 49796 times)

Hi share holders.

I didn't told anyone even GLBSE what was happened & what is happening for the past 45 days in my life.
But i am getting many PM's why i am closing DISHWARA & also what is the status of buying back shares.....

I was silent, coz if i say the truth, two things may happen.
1.Some may believe me, that i am saying truth & give me time to buy back shares.
2.Many may say that i am creating stories or reasons to get time.
That's why i was silent so far. But due to many PM's i am posting it here.

I just wrote what happened in very short, so that it won't take any ones time to read.
The story is really long, if i add screen shot of my emails, my bills, my lawyer notice....



I never said mother board died. Power cut happened & after came back mother board keep on restarting every 10 seconds once with debug LED displaying 45. So i emailed this to MSI & they replied that may be memory module fault & ask me to check with some other memory module. They also told to remove the CPU fan & heatsink & remove dust from CPU. Their I mistakenly used brush to clean which bent 1-3 pins in mother board. So i sent the mother board through the shop/seller i bought to MSI. MSI replied that not only cpu pin is broken but also mother board corner, one corner top left where key board PS/2 port comes got damaged. I replied i didnt damage the mother board corner. Coz if the corner has to be damaged that way then the mother board must have fallen from 2-3 feet high & also corner must have hit the ground. They said they cant repair & also warranty wont cover this. The shop/seller said they sent the mother board in very good packing only, so they didnt broke it. But i refused it & we had a fight & they with around 10 staffs hit me & gave the mother board to me & also got sign that i took back my mother board. After i came to my house i checked the mother board serial no with the serial number in the mother board bill i bought & found that both are not same numbers. The numbers differs completely. So, i sent email to MSI & Seller. Both didn't reply. And from some other source who working in MSI i was told that when they receiving the mother board itself, the corner was damaged. Then after some question i found out that the SELLER CHEATED me by taking my pin damaged mother board & gave me a mother board which was broken in the corner. To make look like my mother board they also damaged the CPU pin in the broken mother board & also they decided to wait some time & then send my original CPU pin broken mother board to MSI & get it repair. It very easy to repair CPU pin damage. Just have to change the CPU module only.
But unfortunately i found out that by verifying the serial number. Since they didn't reply i sent a lawyer notice that they cheated me & if they didnt give my original mother board repaired i will file a case against them on consumer redressal forum or consumer court.
So far they haven't replied to even my lawyer notice.
I sent lawyer notice on 4th Sep 2011 Sunday & they received it on Monday itself & so far not replied. I will wait another week & then file case against the seller.

I decided to close the company because of electricity problems.
I thought electricity board will just give electricity if i applied to get it.
But in practical they are not giving that easily. Heavy corruption is going on in that.
I applied & also paid money including deposit....on 12 Jul 2011.
They came & gave connection & meter on 7 Sep 2011 & then it took me 10 days to find correct electrician to give connection & the connection completed today only.(19/09/2011).

Since i am mining coins which will affect not only banks but also Indian & other countries government, their is a very high chance that they will cut my connection completely if they got fear by bitcoin or US govt & banks forces Indian gov.
So, i decided to buy back my shares.
If i mine privately, no one knows it.
But running a PUBLIC MINING COMPANY is not a simple one & their is very high chance that even the WHOLE world may watch DISHWARA.
Since DISHWARA is THE FIRST COMPANY which released shares in GLBSE.com after Ubitex released shares.
Ubitex is not a mining company or any other physical company, but its an exchange.
So all may watch me, which will affect my private life & also my destiny of life.

DISHWARA if you are still into share buying back...

take your chance now that BTC is low (and seemly it will start to rise again soon) to buy some shares back.

Maybe it will be even a ultimate profit (for example several of my shares I bought with BTC at 8 USD, if you buy them back for 1 BTC right now, it would be a sort of profit for you, if you sold them originally at

726 issued.
so far bought 137.
Need to buy 589.

Not really, he can continue paying dividends until he's done and then just declare the asset worthless.

Indeed.

If he resumes dividents, my reaction will stop selling my shares

Thus changing the share value.

Dishwara just take your time buying the shares back (paying dividends might increase the price of the shares, reducing the rate at which he want to buy them back).

On the other side, if I'm correct, Dishwara could get his own mining rig very cheap (BTC price is now lower then when he bought the rigs).

Maybe I've got the flu, no AFAIK it's for people who have even more posts than hero level. theymos has the same but his 1/2 coin is red.

Nefario.

Nefario

I see 5 gold coins if any one is Hero member & 4 gold coins if Sr.member..... below their name on left side.

But I see 4 gold coins & 5th coin is half gold & half BLUE.
Is it any error or some special status?

I'm working on adding whats needed to the web client to allow anyone to set up a bitcoin exchange, Australian dollars are already being traded (Oz.AUD). The functionality is already on the server side, just need to get the bloody webclient up and running.

God I hate Javascript.


On a related note I'm looking for a Javascript dev, will be a lot of work that's going to be well paid.

Nefario.

nefario is wise

Nefario  GLBSE also do exchanges?

I prefer BTC ->LRUSD & then LRUSD ->INR. coz thats easy for me than directly converting BTC to INR  & asking to deposit in bank.
My last bad experience with TradeHill & also very less people buying btc for INR.
BTC ->LRUSD has more people than any other method besides BTC ->USD.

Hey dishwara,

I think I can safely say that even though things have not worked out as you had hoped or expected; you deserve great respect for not saying "fuck this" and walking away from it all. You have shown that you are trustworthy, and even dependable.

I think for the moment you can stop trying to buy back peoples shares.

From now on, sell enough bitcoin to cover your electricity costs, if it doesn't cover your costs then you are better off not mining, wait for the price to rise before mining any more.

Insteal of buying back shares, I would think it might be a better idea to start paying dividends, and just inform your shareholders that as long as mining is profitable you will continue to pay dividends.

When you no longer want to continue, sell the equipment (even for a loss on what you paid, that's not a terrible thing) and use the money to buy bitcoins, then use this to make a final dividend payment and then forget about it.

You know, if you were interested you could use GLBSE to do a bitcoin => Rupee exchange (all the bitcoin stays in GLBSE, and the Rupees stay in your bank account).

Nefario.

=D

I dunno if the shares you bought are mine or not, but it is good to see that things are still working

And I expect bitcoin to rise again (unless SolidCoin somehow takes over)

From 46 shares

https://bitcointalksearch.org/topic/m.213439

to 137 shares.

https://bitcointalksearch.org/topic/m.481538

I am trying my best i can. I am human only & never expected bitcoin price will drop to 1 BTC =~10 USD.

so.?

Until i complete 1st rig to successfully mine, i can't go for 2nd rig.
If you thought share profit is also like price of bitcoins, which increases some 10000 times in weeks, its not.
I am doing as much as i can with calculated risk not to spoil anything.
So, it will be some what slower & also whatever i do, the increase in difficulty will definitely reduce the profit in terms of bitcoins.
But in terms of fiat currency, the profit you get will only increase & won't decrease.

If you are in rush & want to make quick money as bitcoin rate increases many times, i can't help you.
Instead of buying shares, you better sell your coins & make quick money.

I can only give slow, but steady profit in terms of bitcoins. But in terms of fiat currency, you calculate yourself.
Once, i get cables i ordered, i will be able to mine with 8 cards.
Also, before that i have to get new electric line, since so far i used domestic line, electrician told, the watt consume meter won't withstand load of more than 4000W.
I hope, with 1st rig in full mining capacity , the meter will start wobbling, so i have to go for industrial or commercial electric supply.
For that, i have to deposit & get a new line & here everything is slow & corrupted will take time or need high bribe.
I cant go for high bribe with my SH money, so have to wait, but will do as much as i can.
Don't worry about power tariff, i already told 6 INR per kilowatt hour, ie, i get ~7 kilowatt hour per USD.
This is commercial tariff only & it is the maximum price. So, if i go Industrial, i will actually get less bill.


Instead of others, they just start anything & go sky high in less time, i always face problems from starting itself & always will move forward by solving problems. So, i won't fall that easily as i don't go sky high & also i can't go below earth.
It is my both curse & gift.

-DiamondPlus

of course i am still alive.

still alive dishwara?

Trying......................

Dishwara, anything to report?