Topic: [GLBSE] GEM - Invest in Diamonds!!! (Read 17993 times)

[email protected]

How do you contact them?

I did contact them again and received absolutely no response from them.

I will try one more time. If anyone has suggestions for beyond that I am open to hearing them

Couple weeks ago I received response from GLBSE that they had some support tickets for migration from GLBSE1. So how is the progress, did you contact them again?

Here's the latest update:

I have attempted to transfer the assets from GLBSE 1.0 to the new system.

According to the new system the code I was provided with contained no assets. I contacted support and was told that if the code said there were no assets then I had none. I responded explaining how this could not be true and have not heard back yet.

I would like to continue this listing and see how it performs with the way BTC has been moving, but I am limited by the functionality of the GLBSE.

I will contact them again and let everyone know the status.

Additionally, if there are any shareholders out there who would like to try contacting GLBSE support to let them know that you own shares in an asset that they say doesn't exist, that may be helpful.

I would like to see the direction of the company but as the stock has not been listed on glbse 2 and grown stagnant I was concerned for my investment.  I would not really favor receiving stones of that size but if that is the payout then stones it is.

I am looking forward for this transition to happen

You can do either

If you would like to have the stones sent to you please PM me and I can send you additional information.

If you are interested in selling the shares back, also let me know and I will expedite the transition to the new system since it looks like things are fairly stable now.

I have 5 shares of GEM under the old GLBSE system.  Can I sell those back to you or receive those stones?  Somehow get the BTC back I have in the company.

how is it going?

I have not migrated yet, was waiting for it to be finalized.

Now that things are looking more solid, I will be looking at making the move.

Have you moved over to 2.0 yet. All the orders seem to have vanished though.

marked

Attention all GEM shareholders:


I will be placing a buy order very soon for the number of shares I know to be circulating.


Updates to come.

I went through some of the contracts tied to the other assets I had and had similar error message for another asset (MergedMining), so you aren't the only one. I was able to download and view the contract(s) directly in Notepad. I was using Chrome, so don't know if any other browsers would also have the same problem.

Currently can't look at it as the site appears to be down (09:40UTC).

marked

I would guess that the error on the contract would be a potential deterrent for some would-be buyers. I have not been able to make changes to the contract, but I think that is the way the site works (so people don't change the agreement). So that error is beyond my control or capabilities to repair. I am hoping new usability in the 2.0 version will be helpful in making the shares more accessible all around.

I also know there were several shares purchased in a fund that was to be liquidated, but I lost track of what was going on there.

From what I can see in that page, there are some bargains to be had for shares and if it were easier for people to use GLBSE, I would guess there would be more activity. At the same time, this was done as an experiment in tying BTC value to 1 point diamonds so I am not sure how trading activity is to be expected.

Information about the GEM listing can be found at my website:

http://c0ffer.com/?page=gem

If there are any potential buyers here who are still having difficulties, I would encourage getting involved with the GLBSE 2.0 project in whatever capacity is available, wait for the update, or PM me.

And if there are any shareholders out there who are concerned about their shares, feel free to additionally PM me or contact me through my website with any inquiries (or post here of course ).

The asset contract for GEM is broken

https://glbse.com/asset/8f7a9a130675f873c83fec38e11af3ffde4e77c70930db94a5ce86039a6fe71a


marked

I see that there are plenty of shares for sale.  No buy orders at any price though.  That is why I urged caution.

I would imagine there have been no trades because there are no shares available for trading.

There were 50 shares issued initially and only 35 were purchased, with some people buying more than one share, the number of owners is low.

The shares are directly tied to the value of a 1 point diamond with Bitcoin and when the shares came out BTC was at about $3.50. With BTC higher now the shares would be less than 1BTC (the initial offering ask) so I would guess people are just sitting on their shares and waiting.

I am investigating ways to spur some trading activity, but in the meantime I am also waiting (like many others) to see the results of GLBSE 2.0.

Of course at any time shareholders can redeem their shares for the actual diamonds themselves.

This is how you buy shares in companies on the GLBSE.  That being said, GEM hasn't had a single trade in well over a month and I would caution investors to review the facts and think hard before investing in it.

How to Buy Shares:

I'm curious about this as well.