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Topic: [GLBSE] Bitcorp Mining Company - BTCMC 60+ GH/s, clear ASIC upgrade path. - page 2. (Read 17426 times)

legendary
Activity: 2044
Merit: 1000
Wow, you've dragged your trolling into this thread too?

Why don't you want me to enquire as to Yochdog's opinion of your unflattering characterization of his mining company?

You should welcome his confirmation of the correctness of your negative evaluation of BTCMC.

Yochdog, may I buy DMC's 1000 shares now?  If not, I understand, but will you honor an agreement between Diablo and myself to transfer the shares when possible?

Yes, I will facilitate private transactions of shares between consenting parties. 
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Wow, you've dragged your trolling into this thread too?

Why don't you want me to enquire as to Yochdog's opinion of your unflattering characterization of his mining company?

You should welcome his confirmation of the correctness of your negative evaluation of BTCMC.

Yochdog, may I buy DMC's 1000 shares now?  If not, I understand, but will you honor an agreement between Diablo and myself to transfer the shares when possible?
legendary
Activity: 2044
Merit: 1000
Hi Yochdog!

Diablo has suddenly decided to strip us DMC shareholders of our ownership of/exposure to BTCMC.   Angry

He says it's "worthless" because it isn't trading and BFL is lagging.   Roll Eyes

He claims your hardware and infrastructure

most likely will be thrown out or sold for what little scrap value they have.

His hare-brained scheme is to steal DMC's investment in BTCMC and use it for DMC 2.0, which is some blue-sky fantasy about disrupting cloud storage completely unrelated to Bitcoin.

 Huh  Any advice?   Undecided

If he thinks thousands (at wholesale) in equipment is worthless, I suppose that is his call.

Unfortunately, I have no power to help you out.....
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
Hi Yochdog!

Diablo has suddenly decided to strip us DMC shareholders of our ownership of/exposure to BTCMC.   Angry

He says it's "worthless" because it isn't trading and BFL is lagging.   Roll Eyes

He claims your hardware and infrastructure

most likely will be thrown out or sold for what little scrap value they have.

His hare-brained scheme is to steal DMC's investment in BTCMC and use it for DMC 2.0, which is some blue-sky fantasy about disrupting cloud storage completely unrelated to Bitcoin.

 Huh  Any advice?   Undecided

Wow, you've dragged your trolling into this thread too?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Hi Yochdog!

Diablo has suddenly decided to strip us DMC shareholders of our ownership of/exposure to BTCMC.   Angry

He says it's "worthless" because it isn't trading and BFL is lagging.   Roll Eyes

He claims your hardware and infrastructure

most likely will be thrown out or sold for what little scrap value they have.

His hare-brained scheme is to steal DMC's investment in BTCMC and use it for DMC 2.0, which is some blue-sky fantasy about disrupting cloud storage completely unrelated to Bitcoin.

 Huh  Any advice?   Undecided
legendary
Activity: 2044
Merit: 1000
1st of the month, dividends outstanding now include: Nov, Dec 2012 & Jan, Feb, Mar, Apr 2013.

Gigavps has been receiving & running some of his BFL's ASICs, I trust that BTCMC's are also coming online atm.

Unfortunately no.....not everyone gets favored status and inside deals from BFL like Giga and others. 

I will definitely let everyone know when the equipment arrives. 

Dividends were suspended last year.....there are none outstanding. 
donator
Activity: 3108
Merit: 1166
1st of the month, dividends outstanding now include: Nov, Dec 2012 & Jan, Feb, Mar, Apr 2013.

Gigavps has been receiving & running some of his BFL's ASICs, I trust that BTCMC's are also coming online atm.
legendary
Activity: 1358
Merit: 1001
https://gliph.me/hUF
Does anyone remember what the original IPO price was?
0.8 IIRC
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
Does anyone remember what the original IPO price was?
legendary
Activity: 2044
Merit: 1000
Hey guys,

As I have stated before, no dividends will be paid out until our ASIC hardware arrives.  I will be presenting updated financials once we receive the new hardware, which I hope is within 30 days. 

What we all need to do is put pressure on MT Gox to assist the receiver with the Bitcoinica debacle, as the amount of money we have tied up there is now approaching $100,000.



BTW, you've been outbid on the ASICMINER blades. Wink

I see that.....if only GLBSE would pay its fucking debts, we would be in an incredible position to buy the blades and more. 
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
Hey guys,

As I have stated before, no dividends will be paid out until our ASIC hardware arrives.  I will be presenting updated financials once we receive the new hardware, which I hope is within 30 days. 

What we all need to do is put pressure on MT Gox to assist the receiver with the Bitcoinica debacle, as the amount of money we have tied up there is now approaching $100,000.



BTW, you've been outbid on the ASICMINER blades. Wink
hero member
Activity: 994
Merit: 501
PredX - AI-Powered Prediction Market
yochdog

I will need to change my address again.

The first address was a mtgox address (that I did not knew that it changes)
The second address was at mercadobitcoin (that got hacked a week ago).

Also, yes, we need to figure how to get our money back from mtgox :/ Anyone else know who else beside mtgox is involved? I heard there was two guys handling the bitcoinica stuff, but I don't remember their names.
legendary
Activity: 2044
Merit: 1000
Hey guys,

As I have stated before, no dividends will be paid out until our ASIC hardware arrives.  I will be presenting updated financials once we receive the new hardware, which I hope is within 30 days. 

What we all need to do is put pressure on MT Gox to assist the receiver with the Bitcoinica debacle, as the amount of money we have tied up there is now approaching $100,000.

member
Activity: 78
Merit: 10
I was wondering why we haven't seen a dividend yet as well.  I've also asked for an updated income statement and balance sheet as I haven't seen any numbers since Oct 2012.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
Given we're at $145, theres no dividends for this month either?
hero member
Activity: 994
Merit: 501
PredX - AI-Powered Prediction Market
Also, I sent you a e-mail about my address... I hope you check it before you send dividends!
full member
Activity: 216
Merit: 100
Here are the October numbers:

Income statement for Oct, 2012

Production (in BTC)   +630.091
Sale of equip.            -
Expenses                  -184.50
Dividends paid           -150.00  (held in trust)
Net income                 295.591

Could you please supply investors with January and February income statements. It would be nice to know what's going on.
hero member
Activity: 994
Merit: 501
PredX - AI-Powered Prediction Market
Humm... good point.

Granted I lost money there too (not with their closing though... I went 10x leveraged and lost 200 BTC or something like that)
donator
Activity: 3108
Merit: 1166
There are no exchange anymore, only a list of the last glbse shareholders, my initial.investment was 80 btc, and later I spent some dividends, right now I get with my shares about 2btc mo. If you make a good offer I might sell... A flood destroyed my stuff and I need new workstation...

BTCMC shares have paid nothing out since Oct 2012's earnings, so there is a backlog of 3 - soon to be 4 month's dividends that you might like to take in to account, but also some of the share holder's funds were trusted to the margin gambling site Bitcoinica which no mining op should have risked & was only admitted to months later so something else to bare in mind when valuing them.
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