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Topic: [GLBSE] BIB.BVPS - Invest in BitVPS through GLBSE - BIB depositary receipts - page 3. (Read 8511 times)

vip
Activity: 812
Merit: 1000
13
He has claimed his shares according to Namworld.
So, when can this be cleared up?


I just checked my records. I had 33,848 shares, At last traded price, right now on BTC-TC, that's worth 148.9 BTC.

As you know I need that money back very badly to pay back NYAN.A investors. I would of course make the entire payment immediately upon receipt. I am sure you and other NYAN.A investors would love that.

You will be happy to know that brendio replied to me today and told me he has been busy because his home was hit by several tornadoes and there was a lot of flooding so he has been cleaning mud out of people's houses. So at least he is still around. he told me he would write a multipayment script and work out how to transfer shares on BTC-TC.

I am so happy i can get those shares, it means another big payment will be made on NYAN.A soon.
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
He has claimed his shares according to Namworld.
So, when can this be cleared up?
vip
Activity: 812
Merit: 1000
13
Any update here?

I actually just sent him an e-mail. He is active on his social accounts, but not here in bitcoinland. We'll see.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
What is going on with this?

Are people who had shares on GLBSE going to receive shares on BTCT?

There's two seperate securities.

BitVPS itself - this is relisted on BTC.CO now (by namworld, one of the new owners).  Only way you'll get shares in that in the immediate future is if you held shares in the original BitVPS on MPEx - and you'll have to present namworld with the GPG signed statement of ownership to do that.

This pass-through this thread is for was listed on GLBSE.  Namworld has no way of knowing who had shares in it - only brendio would know that (if he got the list from nefario).  For you to get shares in namworld's listing on BTC.CO a few things would need to happen:

1.  Brendio prove to Namworld ownership of the underlieing MPEx shares and be allocated shares in namworld's new IPO.
2.  Brendio decide to close the pass-through and transfer to you namworld's shares equivalent to your holding in it.

Whether he'll do that or not I have no idea - but you definitely WON'T be getting auto emails from BTC.CO any time soon.  And you won't get anything at all unless brendio shows up - namworld has no idea who owned shares in the pass-through and wouldn't be expected to do anything about it anyway unless/until brendio shows proof that he actually held BitVPS shares on MPEx (if brendio was selling naked shares then that's in no way the problem of namworld - as the pass-through is only a contract between investors and brendio with BitVPS uninvolved other than some of their shares being held to back the issue).

Thanks, that is kinda what I thought was going on.

Brendio: Could you give an update? Seems that the simplest thing to do would be to claim the shares from MPEx/BTCT and just transfer each pass-through holder shares on BTCT? There is not really any reason to continue the pass-through now that the underlying security is moved from MPEx to BTCT.
hero member
Activity: 745
Merit: 501
Ah, thanks Deprived.

Brendio will indeed need to sign a statement with the key associated to his share. He will be given share on BTCT.co upon doing this. Until then, I can't currently know if he has any shares at all.

He may then transfer those to your BTCT.co account. We don't know of GLBSE accounts ourselves.
hero member
Activity: 532
Merit: 500
What is going on with this?

Are people who had shares on GLBSE going to receive shares on BTCT?

There's two seperate securities.

BitVPS itself - this is relisted on BTC.CO now (by namworld, one of the new owners).  Only way you'll get shares in that in the immediate future is if you held shares in the original BitVPS on MPEx - and you'll have to present namworld with the GPG signed statement of ownership to do that.

This pass-through this thread is for was listed on GLBSE.  Namworld has no way of knowing who had shares in it - only brendio would know that (if he got the list from nefario).  For you to get shares in namworld's listing on BTC.CO a few things would need to happen:

1.  Brendio prove to Namworld ownership of the underlieing MPEx shares and be allocated shares in namworld's new IPO.
2.  Brendio decide to close the pass-through and transfer to you namworld's shares equivalent to your holding in it.

Whether he'll do that or not I have no idea - but you definitely WON'T be getting auto emails from BTC.CO any time soon.  And you won't get anything at all unless brendio shows up - namworld has no idea who owned shares in the pass-through and wouldn't be expected to do anything about it anyway unless/until brendio shows proof that he actually held BitVPS shares on MPEx (if brendio was selling naked shares then that's in no way the problem of namworld - as the pass-through is only a contract between investors and brendio with BitVPS uninvolved other than some of their shares being held to back the issue).
legendary
Activity: 1666
Merit: 1000
We should be getting an e-mail from BTC-TC with our user/pass and PIN.  Haven't seen it yet...
vip
Activity: 812
Merit: 1000
13
What is going on with this?

Are people who had shares on GLBSE going to receive shares on BTCT?

I had something like 33,848 shares.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
What is going on with this?

Are people who had shares on GLBSE going to receive shares on BTCT?
hero member
Activity: 756
Merit: 522
So we wait another month - lovely...

The symbol isn't locked, shares can be traded freely as it is.

Trading BIB.BVPS on GLBSE?!?

Oh, oops. Right you are.
legendary
Activity: 1666
Merit: 1000
So we wait another month - lovely...

The symbol isn't locked, shares can be traded freely as it is.

Trading BIB.BVPS on GLBSE?!?
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
Well I released an answer today, same day it was posted. I can't be around 24/7 unfortunately. brendio will be able to claim the shares once we get a list one month from now, as announced by MPEx.
What is the point of waiting for a month? Halt the trading now, get the shareholders list and move BitVPS out form muppet popesku bazaar for good.
hero member
Activity: 756
Merit: 522
So we wait another month - lovely...

The symbol isn't locked, shares can be traded freely as it is.
legendary
Activity: 1666
Merit: 1000
So we wait another month - lovely...
hero member
Activity: 745
Merit: 501
Well I released an answer today, same day it was posted. I can't be around 24/7 unfortunately. brendio will be able to claim the shares once we get a list one month from now, as announced by MPEx.
sr. member
Activity: 340
Merit: 250
GO http://bitcointa.lk !!! My new nick: jurov
Any relevant comments on this announcement, so nicely hidden at the end of a dead thread?
https://bitcointalksearch.org/topic/m.1457231
Obviously this makes prospect of migrating to CoinBr moot. And why the new BitVPS owners Namworld & co. are not releasing any statement in this situation, is beyond me.
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
Any relevant comments on this announcement, so nicely hidden at the end of a dead thread?
https://bitcointalksearch.org/topic/m.1457231

legendary
Activity: 1666
Merit: 1000
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
Any news? I like to rid my self from this crap ASAP.
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