[GLBSE] BIB.BVPS - Invest in BitVPS through GLBSE - BIB depositary receipts

Peter Lambert

hero member

Activity: 756

Merit: 500

It's all fun and games until somebody loses an eye

Quote from: zxyzxy on July 03, 2013, 03:39:44 AM

okay, can somebody explain to me what made the price shoot up from 0.00010 to 0.0030 in one day?

see new thread here: https://bitcointalksearch.org/topic/btc-tc-bitvps-141262

I am a bit confused too. It is not like this dividend is really a surprise, a couple months ago one could have predicted that we would get a dividend this month, and I had thought that was priced in, but I guess some people got really excited about the little dividend and bought the share price up.

Namworld

hero member

Activity: 745

Merit: 501

Well first dividend since it got out of MPEx. Albeit honestly, not sure why it's so high. This is not the official thread however.

zxyzxy

full member

Activity: 133

Merit: 100

okay, can somebody explain to me what made the price shoot up from 0.00010 to 0.0030 in one day?

handytxg

member

Activity: 111

Merit: 10

Hello,
can you please resend the email for account details BITVPS-QmWG6 . I didn't get the email or probally went into spam mail.
Sorry for the trouble, and thank you very much.

Kind Regards,
Handy

starsoccer9

legendary

Activity: 1630

Merit: 1000

Quote from: brendio on April 05, 2013, 05:32:48 PM

Hi all,

The accumulated dividends from October through to January have now been paid. Sorry for the delay. There's a lot of stuff going on in my life at the moment, which doesn't excuse the delay, but I hope will help you be more understanding of it.

Regards,
Brendio.

thank you very much also, just to confirm it went to our bitcoin address not our btc-tc accounts

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: brendio on April 05, 2013, 05:32:48 PM

Hi all,

The accumulated dividends from October through to January have now been paid. Sorry for the delay. There's a lot of stuff going on in my life at the moment, which doesn't excuse the delay, but I hope will help you be more understanding of it.

Regards,
Brendio.

Thank you for getting it taken care of! Much appreciated.

brendio

hero member

Activity: 518

Merit: 500

Hi all,

The accumulated dividends from October through to January have now been paid. Sorry for the delay. There's a lot of stuff going on in my life at the moment, which doesn't excuse the delay, but I hope will help you be more understanding of it.

Regards,
Brendio.

starsoccer9

legendary

Activity: 1630

Merit: 1000

oo okay cool. Thats fine. I just didnt want it to be sent to my btc address with all my other coins and not notice and still be requesting them is all

Quote from: burnside on April 04, 2013, 06:01:36 PM

Quote from: starsoccer9 on April 04, 2013, 05:33:11 PM

okay thanks. I would just simply ask that he tells us once he does it. as i dont want to think i never got payment when i actully did jut didnt know it was dividends

Quote from: burnside on April 04, 2013, 02:00:15 PM

Quote from: starsoccer9 on April 04, 2013, 05:33:36 AM

this is very good thanks. Does he plan to distribute dividends that were missed aswell?

Brendio is aware of the dividends issue. I've given him a list of the newly created accounts w/ share amounts so in theory he could distribute them using internal transfers.

When that will happen, I am not sure. He may also choose to script a distribution from the csv using the BTC addresses in the csv.

Cheers.

If it does it via btct.co internal transfer it'll send you an email automatically.

Cheers.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: starsoccer9 on April 04, 2013, 05:33:11 PM

okay thanks. I would just simply ask that he tells us once he does it. as i dont want to think i never got payment when i actully did jut didnt know it was dividends

Quote from: burnside on April 04, 2013, 02:00:15 PM

Quote from: starsoccer9 on April 04, 2013, 05:33:36 AM

this is very good thanks. Does he plan to distribute dividends that were missed aswell?

Brendio is aware of the dividends issue. I've given him a list of the newly created accounts w/ share amounts so in theory he could distribute them using internal transfers.

When that will happen, I am not sure. He may also choose to script a distribution from the csv using the BTC addresses in the csv.

Cheers.

If he does it via btct.co internal transfer it'll send you an email automatically.

Cheers.

starsoccer9

legendary

Activity: 1630

Merit: 1000

okay thanks. I would just simply ask that he tells us once he does it. as i dont want to think i never got payment when i actully did jut didnt know it was dividends

Quote from: burnside on April 04, 2013, 02:00:15 PM

Quote from: starsoccer9 on April 04, 2013, 05:33:36 AM

this is very good thanks. Does he plan to distribute dividends that were missed aswell?

Brendio is aware of the dividends issue. I've given him a list of the newly created accounts w/ share amounts so in theory he could distribute them using internal transfers.

When that will happen, I am not sure. He may also choose to script a distribution from the csv using the BTC addresses in the csv.

Cheers.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: starsoccer9 on April 04, 2013, 05:33:36 AM

this is very good thanks. Does he plan to distribute dividends that were missed aswell?

Brendio is aware of the dividends issue. I've given him a list of the newly created accounts w/ share amounts so in theory he could distribute them using internal transfers.

When that will happen, I am not sure. He may also choose to script a distribution from the csv using the BTC addresses in the csv.

Cheers.

Deprived

hero member

Activity: 532

Merit: 500

Nice to see a happy ending for once.

usagi

vip

Activity: 812

Merit: 1000

13

Quote from: burnside on April 04, 2013, 02:56:10 AM

I have some great news!

Brendio and I have been working together to get the BIB.BVPS shareholders taken care of. He provided me with a copy of the GLBSE csv and I have used it to transfer all of the BIB.BVPS pass through shares directly to shares in BITVPS.

For each shareholder, a new account has been created, the shares moved into it, and an email with access details sent.

As with previous btct.co imports, I wouldn't be surprised if a lot of our emails get filtered. Please make sure to check your spam folder. If you held BIB.BVPS and you can't find this email anywhere, please PM me and I'll do what I can to assist.

Cheers.

Thanks to you and namworld.

Well, ~~trading is currently frozen on the security,~~ I validated my email Roll Eyes

and have been able to confirm NYAN's 33,828 shares (I thought we had 20 more -- no biggie). Thanks again.

starsoccer9

legendary

Activity: 1630

Merit: 1000

this is very good thanks. Does he plan to distribute dividends that were missed aswell?

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

I have some great news!

Brendio and I have been working together to get the BIB.BVPS shareholders taken care of. He provided me with a copy of the GLBSE csv and I have used it to transfer all of the BIB.BVPS pass through shares directly to shares in BITVPS.

For each shareholder, a new account has been created, the shares moved into it, and an email with access details sent.

As with previous btct.co imports, I wouldn't be surprised if a lot of our emails get filtered. Please make sure to check your spam folder. If you held BIB.BVPS and you can't find this email anywhere, please PM me and I'll do what I can to assist.

Cheers.

starsoccer9

legendary

Activity: 1630

Merit: 1000

would be great to finally get some shares. Ive been waiting on them for a while now. As soon as I get them im probally selling anyways tho.

usagi

vip

Activity: 812

Merit: 1000

13

Quote from: Deprived on April 02, 2013, 05:01:02 AM

Not sure how you see this as being an issue for burnside though. It's namworld's asset - so up to namworld to issue shares as he sees fit. Burnside should only intervene if the actual operator of an asset defaults - not if someone they deal with defaults. If brendio had listed an asset it would be different.

You should be providing a link to an old record of NYAN's holdings and asking namworld to issue you the shares. If burnside starts intervening in assets without any assertion that the asset owner has done wrong then we're in a right mess.

Incidentally I'm not clear which Nyan held them - I assume when you say Nyan you mean nyan.a (as actual Nyan itself sold all its holdings not long before GLBSE closed down).

I know your intentions are good but you don't know what is going on here. For one, just for one, the shares have already been issued to brendio. I won't discuss the rest of it in public with you, there's no point. But I'll try one last time to contact brendio before this is over, and I'll post the results here. This may take some time; then again, $10,000 is a lot of money, and last I heard from brendio he was planning to get online and transfer me the shares as soon as he could.

usagi

vip

Activity: 812

Merit: 1000

13

Quote from: burnside on April 02, 2013, 01:23:11 AM

I hate to say it, but I think when a person disappears, it usually takes a death certificate to release such things.

Just playing the devil's advocate for a second; if I transfer the shares, and find out later that the number was incorrect, or they were in dispute, what am I going to be held liable for? Rough back of the napkin math tells me worst case ~$13k USD? And more every day that BTC rises.

Say I do release your shares. What do I tell the next guy that comes along wanting me to release his shares? Do I start taking claims for all of the shareholders? If I do, how do I vet the claims?

I really (really) want to help here, but those are some big risks.

I just sent him a message on facebook. Hope he sees it. Facebook charged me for delivery!

My case is special because we had published that we held 33,848 shares and this number was placed under intense scrutiny. It's as close as you can get to a confirmation from Nefario, because no one could contest the number. I'm sure you know they would have if they could have.

I get what you are saying though. I have to ask because this is about appeasing my shareholders. If this is out of my hands, then as long as everyone understands that I did everything I could do to recover the money I'll stop pursuing it. Perhaps a better use of the funds we raised from the liquidation would be to hire a PI and track brendio down. Unfortunately I already paid it out to shareholders, and with the sort of ridiculous comments left on CPA by LTC-GLOBAL moderators there's absolutely no incentive to throw personal money into it anymore.

Any LTC-GLOBAL moderator reading this should look at the ratings on BMF, CPA, etc. in light of this and the BAKEWELL case (and ART and BITCOINRS etc.) With no incentive to go after people like Ian and Brendio there will be no way to pay out any more money to shareholders. This is going to be the final nail in CPA if the assets are not approved, and soon.

Deprived

hero member

Activity: 532

Merit: 500

Quote from: usagi on April 02, 2013, 12:15:31 AM

Quote from: burnside on April 01, 2013, 11:45:07 PM

Quote from: usagi on April 01, 2013, 11:26:27 PM

Quote from: starsoccer9 on April 01, 2013, 10:41:42 PM

any update guys?

We have his contact info and he's not answering his phone.

About 4 days ago I asked burnside for a statement on whether or not he will intervene on brendio's behalf or not. Of course it's a pretty cut and dried situation, he's completely unreachable, it's been months, and everyone knows the shares are not his but that he ran a passthrough. But it looks like it will turn out to be burnside's decision. I'll post an update when I get one

I cannot intervene without a copy of the asset holder list from Nefario. Sad

I don't suppose Nefario would be willing to assist? Or is he completely gone now too?

Nefario isn't going to help, I doubt it. This may have even been done intentionally to enable scams, since he could have just as easily sent everyone their CSV file. But in this case, I have well-accepted proof of how many shares I held and brendio had responded to me earlier confirming my ownership. Everyone knows NYAN held 33,848 shares because we had published that number publicly for months and it had been quoted numerous times.

If you are going to state that we need to get Nefario's help on this, what happens if we can't reach him? I agree that it is fair to ask a reasonable amount of time to be spent contacting nefario. But I need a path to resolve this. Ultimately, you are final authority here. That's why you need to define the way this gets resolved. If Nefario does not comment on this and we cannot contact Nefario for 30 days will you transfer the shares?

I agree nefario won't assist - he's on the hook for a lot of money himself which he won't return (presumably because he hasn't got it).

Not sure how you see this as being an issue for burnside though. It's namworld's asset - so up to namworld to issue shares as he sees fit. Burnside should only intervene if the actual operator of an asset defaults - not if someone they deal with defaults. If brendio had listed an asset it would be different.

You should be providing a link to an old record of NYAN's holdings and asking namworld to issue you the shares. If burnside starts intervening in assets without any assertion that the asset owner has done wrong then we're in a right mess.

Incidentally I'm not clear which Nyan held them - I assume when you say Nyan you mean nyan.a (as actual Nyan itself sold all its holdings not long before GLBSE closed down).

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: usagi on April 02, 2013, 12:15:31 AM

Quote from: burnside on April 01, 2013, 11:45:07 PM

Quote from: usagi on April 01, 2013, 11:26:27 PM

Quote from: starsoccer9 on April 01, 2013, 10:41:42 PM

any update guys?

We have his contact info and he's not answering his phone.

About 4 days ago I asked burnside for a statement on whether or not he will intervene on brendio's behalf or not. Of course it's a pretty cut and dried situation, he's completely unreachable, it's been months, and everyone knows the shares are not his but that he ran a passthrough. But it looks like it will turn out to be burnside's decision. I'll post an update when I get one

I cannot intervene without a copy of the asset holder list from Nefario. Sad

I don't suppose Nefario would be willing to assist? Or is he completely gone now too?

Nefario isn't going to help, I doubt it. This may have even been done intentionally to enable scams, since he could have just as easily sent everyone their CSV file. But in this case, I have well-accepted proof of how many shares I held and brendio had responded to me earlier confirming my ownership. Everyone knows NYAN held 33,848 shares because we had published that number publicly for months and it had been quoted numerous times.

If you are going to state that we need to get Nefario's help on this, what happens if we can't reach him? I agree that it is fair to ask a reasonable amount of time to be spent contacting nefario. But I need a path to resolve this. Ultimately, you are final authority here. That's why you need to define the way this gets resolved. If Nefario does not comment on this and we cannot contact Nefario for 30 days will you transfer the shares?

I hate to say it, but I think when a person disappears, it usually takes a death certificate to release such things.

Just playing the devil's advocate for a second; if I transfer the shares, and find out later that the number was incorrect, or they were in dispute, what am I going to be held liable for? Rough back of the napkin math tells me worst case ~$13k USD? And more every day that BTC rises.

Say I do release your shares. What do I tell the next guy that comes along wanting me to release his shares? Do I start taking claims for all of the shareholders? If I do, how do I vet the claims?

I really (really) want to help here, but those are some big risks.

I just sent him a message on facebook. Hope he sees it. Facebook charged me for delivery!

Topic: [GLBSE] BIB.BVPS - Invest in BitVPS through GLBSE - BIB depositary receipts (Read 8511 times)