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Topic: [GLBSE] BFLS.RIG - BFL Hardware mining & Sales - page 11. (Read 28518 times)

legendary
Activity: 892
Merit: 1002
1 BTC =1 BTC
Yep, I have the list... I need to get it correlated and then I will resume  operations.

Great! Happy times are here again Smiley

When can we expect more information ?
full member
Activity: 183
Merit: 100
It's a list I've put together from what people have sent me.  Someone just sent me 500 more shares, so the total is about 800 shares more than I had tallied before GLBSE went down... /sigh

well, i have shares for bfls and bfls.rig that i have not claimed too.


Edit
Yep, I have the list... I need to get it correlated and then I will resume  operations.

Ahah!
legendary
Activity: 1260
Merit: 1000
Yep, I have the list... I need to get it correlated and then I will resume  operations.
Vbs
hero member
Activity: 504
Merit: 500
donator
Activity: 1120
Merit: 1001
Going back through the list, it may not be as bad as I thought... I forgot I had combined some BFLS and RIG shares into one account for a few people as a test.  I will go back through the list and separate them out again and reconfirm the amounts.


Yes, Inaba. My 500 shares claim are combined BFLS and BFLS.rig. As I have seen these two shares the same one, and arbitrage between them frequently before GLBSE shutting down. So I don't really remember how many shares I have for each security.
legendary
Activity: 1260
Merit: 1000
I'm getting pretty close to a solution folks, so there's some good news.  I should hopefully have something workable within a week and I can resume normal business.  I will be relieved to get this behind us and move forward... the new system will be a lot better, too, since it should be all but automatic with payouts several times a week.

legendary
Activity: 1260
Merit: 1000
Going back through the list, it may not be as bad as I thought... I forgot I had combined some BFLS and RIG shares into one account for a few people as a test.  I will go back through the list and separate them out again and reconfirm the amounts.
legendary
Activity: 922
Merit: 1003
It's a list I've put together from what people have sent me.  Someone just sent me 500 more shares, so the total is about 800 shares more than I had tallied before GLBSE went down... /sigh

Yes, an unfortunate and unnecessary complication for yourself and the legit shareholders. Are these ~800 bogus shares all from BFLS.RIG, or are some from BFLS as well?
donator
Activity: 1120
Merit: 1001
I have lost my 2 Factor Authentication of my GLBSE account. Nearly 2 months have passed, Nefario has not have the time to removed the 2FA, so I have not been able to claimed my shares.

And Nefario stated on the GLBSE page that he will return most of the lists before he can deal with the users who cannot login. So it will very be very likely that I'm not on the initial list which (if) will be given.

If Inaba get the list, please reserve those shares which are unclaimed, and don't pay the dividend out. Maybe this will bring some complexity into your script, you have record which shares has been paid how much dividend.
legendary
Activity: 892
Merit: 1002
1 BTC =1 BTC
You can wait and compare with Nefario's list.
But I don't know if he is still that motivated...

"Nov 25 / 12:00pm - More lists coming out tomorrow"

If 99% of the claims match the list of Nefario then it's obvious that 1% is trying to scam you.
But knowing this community it's probably 10% or more that is trying to scam.

It seems obvious to me that people not on Nef's list filing a claim have to come up with strong evidence.
legendary
Activity: 1260
Merit: 1000
It's a list I've put together from what people have sent me.  Someone just sent me 500 more shares, so the total is about 800 shares more than I had tallied before GLBSE went down... /sigh
newbie
Activity: 29
Merit: 0
I have what I *think* is a fairly accurate list of share holders in the database and ready to go. 
Is this a list compiled from the information Nefario provided you, or has he still not released share holder information for BFLS, BFLS.RIG? 

Also, are there any threads that track which stocks' share holder information has been released?  So we can at least see what progress Nefario has made.
legendary
Activity: 1260
Merit: 1000
I really had some high hopes that we were at the end of this. 

I have what I *think* is a fairly accurate list of share holders in the database and ready to go.  I haven't gone with that list because there's no way to reverse it if it turns out to be wrong. 

That said, the list I have is about 320 shares MORE than what I believe were issued, so there's a discrepancy somewhere and it's what's been keeping me from going with the list.  Someones numbers aren't right, but I have no idea who's they might be. 
legendary
Activity: 922
Merit: 1003
how are we proving owner ship of shares?

The last BFLS payment was September 30 ... counting today we missed 9 payments. I'd like to see dividend payments resume as well. Nefario has given SOME asset information to SOME issuers around November 19-22 but hasn't released much else (if anything) since. So far we've been waiting for the release of BFLS and BFLS.RIG info but at some point we need to accept that it may not be forthcoming and move forward with other means determining ownership.

How long we wait before moving to 'Plan B' is ultimately up to Inaba, but one way or another we should resolve this situation soon; by now there may be over a thousand BTC waiting to be distributed to shareholders (I'm not sure how many total outstanding BFLS and BFLS.RIG shares there are, but the per-share dividend payment over the 9 missed payment cycles works out to around 0.075-0.08 BTC/share). I'm sure many of us could use that supplementary income right now during the holiday season.

For those asset holders who regularly withdrew their BFLS dividend payments from GLBSE, I suggested one way a 'proof of ownership' could be done: https://bitcointalksearch.org/topic/m.1328310. For some this would be a reasonable option. Not everyone would be in a position to do this, however.
full member
Activity: 183
Merit: 100
how are we proving owner ship of shares?

edit: I have been away from the forum due to work and I have no contact from anyone relating to GLBSE and my assets
RHA
sr. member
Activity: 392
Merit: 250
a "fair for everyone" solution (keep it separate until the upgrade, upgrade each at the trade-in value).

I agree. That's fair.
Then merging BFLS into BFLS.RIG with neutral exchange ratio - based on ASIC hashrate (to keep the hashrate the same).

Or calculate the above and do it all in one step.
donator
Activity: 2058
Merit: 1054
Meni, you're definitely wrong. There is a constant trade back price for a Single ($599) and a MiniRig ($15295) - until March 31th.
Yes. As I said BFL has chosen to trade in these devices at their original ticket price. This has nothing to do with what those devices would trade for in the secondary market if it weren't for these upgrade plans, which is what I was talking about in the last few posts. Nor does it have anything to do with the output generated from them until the upgrade.

I've already addressed all the moving parts here and have suggested a "fair for everyone" solution (keep it separate until the upgrade, upgrade each at the trade-in value).
RHA
sr. member
Activity: 392
Merit: 250
Meni, you're definitely wrong. There is a constant trade back price for a Single ($599) and a MiniRig ($15295) - until March 31th.
newbie
Activity: 42
Merit: 0
I think the things that need to be considered is what was the original exchange rate that each party agreed to when purchasing the shares and the ratio should be calculated directly from that, any other factors would be almost purely imaginary in my opinion.

--Enzo
donator
Activity: 2058
Merit: 1054
No it doesn't work that way.... pre-ordering something is usually done for the same price... even if you have to wait a long time... I paid exactly the same for my Black Ops II as someone who buys it in the store today.... Same goes for iPads, iPhones etc.... Sometimes you even pay more on pre-order than when it becomes readily available because of the exclusivity to have something first.
It worked that way for every game I was interested in. (And usually opted not to pre-order, since the discount didn't justify the risk of buying before trying a demo.) Alternatively, bonus items are often given to preorderers, still making the eventual value of what you receive greater than what you paid.

Exclusivity is a bit more intangible and I don't presume to model the incentive structure of iPad preorderers. But I can certainly model the incentive structure of people who order mining devices. Excluding trade friction, a single available immediately will trade in the secondary market for more than what it costs to order a single to be delivered in a month; the difference will be roughly equal to the profit it can generate in this month.
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