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Topic: Diablo Mining Company - page 30. (Read 96370 times)

hero member
Activity: 518
Merit: 500
September 03, 2012, 03:41:04 PM
We have also obtained 4,200 shares of DMC for only 50 bitcoins in a special one-time "insider" trade with Diablo-D3.
newbie
Activity: 52
Merit: 0
September 03, 2012, 03:28:32 PM
If you issued 17916 new shares to cover those trades (279.3-14.25)/17916=0,014794039 you received 0,014794039 per share? WTF?! This has to be wrong!

https://bitcointalksearch.org/topic/glbse-nyancat-financial-your-friend-for-life-see-post-2-for-faq-97178

We have also obtained 4,200 shares of DMC for only 50 bitcoins in a special one-time "insider" trade with Diablo-D3.
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
September 03, 2012, 02:41:10 PM
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
September 03, 2012, 02:34:07 PM
1253.16 BTC

Yes, and as of now DMC's assets are worth 1407.74 BTC and shares outstanding count is unchanged. Thats a 154.58 BTC difference.

Unless you returned some of the BTC (178,99), total market value is at 1228.7453 + 14.25379722 from BTCMC dividends (09.01.2012) and NAV is at 0.0594 BTC

Sans a small trade with Obsi for more ABMO, market conditions changing accounts for most of that.
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
September 03, 2012, 01:00:08 PM
1253.16 BTC

Yes, and as of now DMC's assets are worth 1407.74 BTC and shares outstanding count is unchanged. Thats a 154.58 BTC difference.

Unless you returned some of the BTC (178,99), total market value is at 1228.7453 + 14.25379722 from BTCMC dividends (09.01.2012) and NAV is at 0.0594 BTC



legendary
Activity: 1162
Merit: 1000
DiabloMiner author
September 03, 2012, 12:41:54 PM
1253.16 BTC

Yes, and as of now DMC's assets are worth 1407.74 BTC and shares outstanding count is unchanged. Thats a 154.58 BTC difference.
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
September 03, 2012, 12:06:56 PM
THe only reason I keep "trolling" is because you keep refusing to answer basic and straightforward questions, the answer to which you owe your shareholders.

Asking the same question over and over is not going to get a different answer.


Where did the money go ?

Nowhere. Assets were purchased, the market value of the assets plummeted due to market factors.

You are obviously incapable compiling a simple P/L list so we have no idea how you managed to wasted all the BTC DMC had.

As of 1 July your reported that DMC assets are worth 2189.48 BTC,  shares outstanding 4066 and NAV 0.53848499754058 BTC
August 1 you reported the DMC to be valued at 1476.77 BTC, shares outstanding 2993 and NAV 0.493407951887738 BTC
You managed to lose 0.045077045652842 per share - 8.37% of NAV. No big deal.

As of September 1. you reported DMC assets at 1253.16 BTC, shares outstanding 20909 and NAV at 0.059933999713042 BTC!

Based on the numbers and reported holdings, you sold additional 17916 shares and managed to drop the share price by -0.433473952174696 BTC per share.
AMAZING!
Looks like you bought additional 43 shares of your biggest loser: BTCMC (31.3 BTC?) . BTW, why are you not reporting the dividends from BTCMC?  I estimate those to be about 14.25 BTC or so.

You also bought  40 shares of BTC-MINING (40 BTC?), that has probably earned DMC about 1.96 BTC in div. (or not?) So far, this has held the market value well.
Looks like you also bought 2080 shares of ASICMINER (208 BTC?) that has also held it value well.

Total spent on new purchases is 279.3? BTC - 14.25 in dividends in August. If you issued 17916 new shares to cover those trades (279.3-14.25)/17916=0,014794039 you received 0,014794039 per share? WTF?! This has to be wrong!
I must have made a mistake because I can not find trades in GLBSE.  Yes, someone traded DMC close to 0.02 and between 0.035 and 0.045 but this is only about 70 BTC in total on (August 15)

I almost forgot, you have liquidated the following DMC holdings in August:
Code:
 46     BITBOND       0.4      18.4
324     YABMC         0.13     42.12
188     BMMO          0.08     15.04
 21     ZETA-MINING   0.15     3.15
735     TYGRR.BOND-A  0.125    91.875
567     PIMP          0.15     85.05
121     BFLS.RIG      0.95     114.95
134     HYDRO.BONDS   1.55     207.7
 40     PAJKA.BOND    0.06     2.4
Total                        580.685 BTC?


Can you clear this up for me? Where did I make a mistake in those calculations? If I did not, where did the BTC go?
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
September 03, 2012, 09:01:22 AM
THe only reason I keep "trolling" is because you keep refusing to answer basic and straightforward questions, the answer to which you owe your shareholders.

Asking the same question over and over is not going to get a different answer.


Where did the money go ?

Nowhere. Assets were purchased, the market value of the assets plummeted due to market factors.
hero member
Activity: 686
Merit: 500
Wat
September 03, 2012, 07:33:07 AM
THe only reason I keep "trolling" is because you keep refusing to answer basic and straightforward questions, the answer to which you owe your shareholders.

Asking the same question over and over is not going to get a different answer.


Where did the money go ?
donator
Activity: 1890
Merit: 1010
Parental Advisory Explicit Content
September 03, 2012, 07:29:19 AM
THe only reason I keep "trolling" is because you keep refusing to answer basic and straightforward questions, the answer to which you owe your shareholders.

Asking the same question over and over is not going to get a different answer.


Don't want to be a dick but you haven't replied with a decent answer.


Greetz
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
September 03, 2012, 06:24:19 AM
THe only reason I keep "trolling" is because you keep refusing to answer basic and straightforward questions, the answer to which you owe your shareholders.

Asking the same question over and over is not going to get a different answer.
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
September 03, 2012, 05:17:01 AM
This thread is for people who think Bitcoin and DMC are worth our time, not people who think trolling is the best thing since sliced bread.

No, this thread is for shareholders, people who untrusted you with 1000s of BTC and want to know what the fuck you did with them.

The majority of shares are held by two people. Neither of them are having problems with how I do business. So, exactly, where do you think you're going with this?

Did they buy your shares at <0.0? and did a profitable swap (bad for the rest of the DMC holders) with you?
This is probably the only way you can know who they are or how many majority holders DMC has. Selling shares in GLBSE will not give you this information.

One more request: Can you please spend 20 min in the net, reading and learning how to write a useful P/L statement? 
I really like to know, how you managed to fuck up DMC so badly. This crap you publish, is incomplete.

Here are the instructions for getting you a nice shiny scammer tag:
Quote
"To try to apply a scammer tag, best thing to do is open a thread in scam accusations, with all the evidence clearly presented in the OP, hopefully with no bias"
hero member
Activity: 518
Merit: 500
September 03, 2012, 05:14:08 AM
THe only reason I keep "trolling" is because you keep refusing to answer basic and straightforward questions, the answer to which you owe your shareholders. ALL shareholders, not only the ones you gave 1000s of shares to for nothing or next to nothing. Those can be the only ones who are pleased by your performance.

So lets try again; lets begin with the most basic of questions: how many shares did you sell, and how many did you trade/swap and what did you get for them in return?

Oh as for my scammer tag; if anyone besides you, DMC shareholder or otherwise, somehow feels I scammed them, by all means step forward.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
September 03, 2012, 04:51:16 AM
So, exactly, where do you think you're going with this?

Thats easy: nowhere!

Thank you for admitting you've been trolling potential investors away. So, what was your angle? You were going to buy a lot of DMC when it went cheap? Thats pretty dirty, dude.

If anyone needs a scammer tag, its you.

You are blaming me for your share price? Really? LOL. You have already blamed BFL, asicminer, idiot investors and now me. Anyone but you. No one else but you is responsible for the fact you hold 0,059934 BTC worth of assets per share. Shares you sold and still sell at 1BTC.  If I helped make that clear to investors whom you mislead in to believing you only sold 3000 shares and have a 100+ GH farm, then good on me.

No, I'm saying you continue to troll this thread. You must have a reason for it, and I think that reason is you're trying to make money from DMC somehow. I think you deserve a scammer tag for your effort.
hero member
Activity: 518
Merit: 500
September 03, 2012, 04:38:16 AM
So, exactly, where do you think you're going with this?

Thats easy: nowhere!

Thank you for admitting you've been trolling potential investors away. So, what was your angle? You were going to buy a lot of DMC when it went cheap? Thats pretty dirty, dude.

If anyone needs a scammer tag, its you.

You are blaming me for your share price? Really? LOL. You have already blamed BFL, asicminer, idiot investors and now me. Anyone but you. No one else but you is responsible for the fact you hold 0,059934 BTC worth of assets per share. Shares you sold and still sell at 1BTC.  If I helped make that clear to investors whom you mislead in to believing you only sold 3000 shares and have a 100+ GH farm, then good on me.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
September 03, 2012, 04:23:36 AM
So, exactly, where do you think you're going with this?

Thats easy: nowhere!

Thank you for admitting you've been trolling potential investors away. So, what was your angle? You were going to buy a lot of DMC when it went cheap? Thats pretty dirty, dude.

If anyone needs a scammer tag, its you.
hero member
Activity: 518
Merit: 500
September 03, 2012, 03:51:58 AM
So, exactly, where do you think you're going with this?

Thats easy: nowhere!
Doesnt mean you shouldnt be held accountable to the people who did invest in you and whos money you pissed away.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
September 03, 2012, 03:33:30 AM
This thread is for people who think Bitcoin and DMC are worth our time, not people who think trolling is the best thing since sliced bread.

No, this thread is for shareholders, people who untrusted you with 1000s of BTC and want to know what the fuck you did with them.

The majority of shares are held by two people. Neither of them are having problems with how I do business. So, exactly, where do you think you're going with this?
hero member
Activity: 752
Merit: 500
bitcoin hodler
September 03, 2012, 03:12:02 AM
well, nice to know that I didn't invest my BTC in this venture... sometimes its best to skip to the last posts of the forum... (no wonder the price of these shares has dropped from 1 BTC to 0.08)
hero member
Activity: 518
Merit: 500
September 03, 2012, 03:07:25 AM
This thread is for people who think Bitcoin and DMC are worth our time, not people who think trolling is the best thing since sliced bread.

No, this thread is for shareholders, people who untrusted you with 1000s of BTC and want to know what the fuck you did with them.
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