[CRYPTOSTOCKS] SILVER - A Silver ETF - .0882 BTC Per Gram Silver Spot 10/06/12

RandomQ

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Min withdraw size is now 1oz

Adding 62 Grams (aka 2 oz) today to inventory

New Goal is adding 5 oz Per month to Inventory

Going to Resume Sell of Shares Late Monday the 7th.

RandomQ

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Another interesting morning, since the silver markets are closed silver price stays the same. But right now BTC is down ~5% today, interesting to see if a weekend sell-off or a downturn swing.

RandomQ

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At first look this morning, I thought we were going to post 1% gains on silver and Bitcoin. But it looks like we will post 1% gain on silver and 1% loss on Bitcoin.

RandomQ

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Had a price spike in silver today up to $35.40 and then a sell off, should be interesting to see how the prices go today.
So far the past week or so BTC prices have been pretty stable, and no sell off during the weekend that usually drops the price.

MPOE-PR

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Aha, thanks!

RandomQ

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Quote from: MPOE-PR on September 27, 2012, 07:28:54 AM

Could you please explain the procedure for taking delivery?

Sure,

First the customer sends a request to [email protected] asking to redeem shares for silver and lets me know how they would want them shipped.

I will respond back with a quote for the shipping cost and what the handling charge is (0-10% per contract) and if I have silver in-stock that within the size requested.(I have the option to purchase silver to fulfill your request)

If you accept the quote, you can pay the shipping cost and fee's in bitcoins or shares.

Per contract i have 14 days to ship the silver(Mostly to be used when having to purchase silver)

Customer is responsible for all loses due to shipping, but the customer has any shipping choice they want with zero mark up on it.

Per the contract I can put a withdraw size minimum(But currently there is none)

Per the contract I choose the silver type to send you(But I will let you know what i will be sending in the quote)

You don't get to choose what silver coins/bars/etc I send you, but I can try to work with your if you only want a certain type (This is because some coins in inventory have value 1-4 times silver spot)

If you have any other questions or part is unclear let me know

I should have a 1 oz silver bar, coming in next week.

MPOE-PR

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Could you please explain the procedure for taking delivery?

RandomQ

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Spot Silver Price $33.99
BTC 24HR Average $12.23
USD per Gram $1.093
BTC per Gram .0894

Currently 90 Shares Listed for Sale

RandomQ

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My Current Verification level on CryptoStocks Is None.

I will consider my options to change this in the next few days.

I'm more concerned about going to basic than premium.

I'm more worried about about my IP address being released than someone breaking into my house.

I guess that goes goes to show how i feel about my physical security. Grin

RandomQ

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METAL.SILVER SHAREHOLDERS
(This will apply to shares that you purchased before 9/24)

I will honor your shares for silver for 6 months in the Event of the New Owners Default.

I will also convert your Shares from GLBSE TO CRYPTOSTOCKS

In the Event that GLBSE HALTS Trading on GLBSE of METAL.SILVER I will honor your shares on Cryptostock.

If you are unhappy with any of these terms please Contact me.

I've already been accused of running a Bait and Switch, if any of my former shareholders feel this way please contact me.

All former Shareholders have been paid .2 BTC per Share by Obsi

RandomQ

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FAQ

1.Didn't you have an Asset called Metal.Silver on GLBSE.
A. Yes, I did

2.Did you Default on that Asset.
A. No, I sold that Asset

3. Why should I trust you?
A. You shouldn't trust anyone on the internet, I can only try my best by my actions to prove myself to you.

RandomQ

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Hello Everyone,

I'm Back again and Welcome to the remix.

This is a Silver ETF, where you can take delivery of real silver.

I will maintain a ratio of 1 Gram of Silver for 1 Share

Here is a Listing of my Current Inventory

https://docs.google.com/spreadsheet/pub?key=0Ak1NqDefdzk2dC1YeVl1Wm8tUFFuOUp5QXZ3N3hrU3c&output=html

Here is a Record of Silver to BTC Price History I've been Tracking

https://docs.google.com/spreadsheet/pub?key=0Ak1NqDefdzk2dGhuTGZBdldTOVk3b01waENPMDJzZkE&output=html

[email protected]

Current Ratio 100 Shares to 575 Grams or 17.3%

Please Ask any Questions or concerns

Topic: [CRYPTOSTOCKS] SILVER - A Silver ETF - .0882 BTC Per Gram Silver Spot 10/06/12 (Read 1552 times)