Topic: [GLBSE] MMM Mining Investment GLBSE 4% Weekly Interest - page 2. (Read 7236 times)

This is the most pathetic thing that I have ever heard about I wouldnt be suprised if the people that they double paid were giving kickbacks to the people at GLBSE. Im sorry guys I have 20 unanswered emails to GLBSE and am still missing over $3000. Im starting to think I will never see it again.

still waiting for my Bitcoins. I read that GLBSE double-paid a lot of people and now obviously doesnt have the money to pay everybody back.
Never seen such stupidity!

Just wanted to inform that I was reading through some forums and noticed that some people are receiving a list of share holders from GLBSE finally though I have only heard of two people getting it and both were the largest stocks. So it may be quite some time before I can verify the information. Also I wanted to let you know that I am still keeping track of the payments per share from the date of the crash of GLBSE. So hopefully here guys I can get my conscious cleared and give you all some money. I feel bad for everyone who got hurt in this mess, but I am also still waiting for my bitcoins back from them which hopefully all will come at the same time. I would still like to know if anyone has received any of their bitcoins back or any information from GLBSE. Thank you - MMMining 

Just as an update I have yet to receive any information, not even 1 email from GLBSE regarding my bitcoins or information pertaining to MMM holders. Its starting to worry me as this would go up as another scam in the bitcoin economy which in my opinion it just doesn't need. Keep me posted if you all receive any info from them. From what I could tell on the forums no one has heard back but I only looked for about 30 minutes.

To all MMMining Investment share holders. We closed down our account on the 11th of October following the questions asked on the GLBSE site. I would ask you all to do the same if you would like to receive your dividends and you will have to click share with issuer. I would like for everyone that is interested in continued relationship with MMM to please email your actual number of shares that you held. If you have already mailed me I will need you to mail me again because some people inflated their number of shares. At some date in time I will also need a bitcoin address for where I can transfer bitcoins to but that won't be needed until I can verify the information I receive. Once I receive MMM's share holder database I will then compare it with the information that you send me and then I can start paying out dividends again. I can not and will not make any promises for when this will be as I am still just as blind as you are to the inner workings of GLBSE.

On a side note I am curious if any of you have received a refund of your bitcoins yet as I have not but I am still hoping. So if you have please let me know.

Please email the information requested to [email protected].

Thank you,
MMMining Investments

Oh just a little heads up to all we have been in front of my computers all week writing up drafts for proposals and making new spread sheets for extending dividends and everything else. We are trying but need a little break. We are leaving the computer for the weekend and going to visit my friend and relax for 2 days. I will be back Sunday night and Kris will be back sometime Tuesday. So if you don't hear from us until then that is why. Though we wont be leaving until late tonight so anyone who has comments on the previous post of whatever else we would love to hear about it.

I have sent in to GLBSE requesting the information on my accounts and according to them it should allow me to receive all asset holders CORRECT information so that proper dividends can be paid. I cannot say when this will be. It may be in a few days a week a month as it really depends on GLBSE and how fast they cipher through their database.

Now as I have said I am still keeping track of what money is owed to my share holders but I am not adding the percentage as per said in the contract because there is no way I had anything to do with this. I hope that you all can understand. I am...We are receiving bread crumbs of information and I am on the same boat as you. I personally am still under the impression GLBSE was forced to shut down do to the amount of losses sustained by people investing in Pass-through Stocks to Bitcoin savings and Trust and they went to the improper authorities because they plaid risky and lost. Bitcoins are a serious risk thats why there is much higher rewards. Go to a bank and ask for even 1% a week interest and they'll laugh at you but that's what you get with bitcoins. But you also get site closures fraud and everything else.

Once I receive full restitution and everyones account information I will then request everyone who held shares send me a personal email with a bitcoin address that is not linked to any black markets as well as how many shares they had. Once I can verify this information then and only then will the back dividends be paid.

Future dividends I am still working on but I doubt I will be able to do them daily. Sending out payments to 100's of addresses seperately will become a daunting task but if its what I have to do then itll have to be done. They would probably be more likely paid weekly but I will still keep track of them daily and the information that was stated in the contract stands. I do not know how you can sell any of the shares that you own and if you do of course you need to pass that information on to me so I know who to pay.

If I find out anyone is using a bitcoin address that is linked to a black market site I will stop payment until the address is changed. If you do it again I will stop payment indefinitely as that would jeopardize my entire plans here. Also I will only give you one chance to properly verify the number of shares you have. If it does not match what GLBSE says if I get that information from their database I will not deal with you what so ever. We do not need anymore scammers out here do not try and make this worse. I want to help  so just be honest and lets work together.

Right now every shares dividend is at about .245btc since the shut down.

As for the expansions and moving to the new chips and what not with all this going on you will have to give me some time to write up what my new plans will be. I had intended to sell all the shares as that would have fully funded my endeavors but that never happened and now this. So as is MMM will be continuing on as it is currently and ASIC and bitcoin payouts being halved will all be things that will have to be dealt with later. This does mean there is a  more likely chance of liquidation but I will do everything I can to continue on as I had hoped this just really fucked me. Sorry for my french. I know it did to some of you too, all of you. I will do what ever I can to hold up my end. - The Restored MMMining Investments

I would like everyone to please read the new updated information on GLBSE. Due to information I have heard about FBI intervention after money lost from people skipping out after BtcS&T went under I would recommend doing so at your own risk. But this should give us a format some time in the near future to establish an asset to issuer relationship again. Though in a much more tedious format.

It had been spoken about for about the last 2 to 3 weeks that there were alot of complaints after many of the stocks that were pass throughs for bitcoin savings and trust stopped paying out dividends and made no effort to pay back anything as stated in there contract. There contract stated that if they received there money so would the share holders at the proper percentage which never happened. These totaled well over a million dollars and after all the reports to the black hats for fraud this is what you get out of it. Im not a conspiracy person but that is part of what I am hearing and that is the only thing that I knew before the crash.

So again I say do so at your own risk. Bitcoins are anonymous but can still be traced. So if you do underhanded dealings or similar transactions be cautious especially if you are big with social media.

I am working on seeing how GLBSE will be distributing the holders information and then I will be able to give you an update. If you receive anything faster than I do let me know as I am trying to gather information just like the next guy.

I am still here with you guys and overall you have made almost 10 bitcoins so as soon as I can get them to you I will but please stop sending me scam emails. Its really wearing on me and it hurts the rest of the people who are being honest. Please, I know me asking won't make a difference but to those who find it funny and think I will hand out someone elses money to you for not reason. Please have a heart and realize some people are scared about losing 1000s of dollars including myself some I believe have lost 100,000s of dollars. So dont scam, infact you should try and help people, do something useful.

I am waiting for updates from GLBSE just as much as you guys. I had over 3500 dollars tied up on my account. I know as much information as you and am just as shocked and pissed off as everyone of you. Once I can validate information I will try to reset the security somewhere else but as of now I have no idea who has what or what is where. All I have is a white screen from GLBSE saying basically I'm screwed. I have a multitude of emails of people claiming to have X amount of stock and so far its funny that it more than doubles the amount of stocks that were sold total. Once GLBSE lets me know what they plan on doing to allow some securities to continue on under different formats I will work with that.

As of right now anyone can come to me and say they own anything and as it was all anonymous and there were alot of people selling there stocks I have no idea. I am an honest business man as best I can be and I stuck to my contract in every way I possibly could. I would like to continue MMMining but it is all reliant on GLBSE. Again I know as much as any of you and I have not got a single email in response from GLBSE. I trusted GLBSE to take care of my coins and thought they were safe there. I will not rob anyone that has put invested with me and I am still keeping track of the last numbers I had from GLBSE. When I get more information from them to be able to pay out proper dividends to the proper people at the proper amounts and hopefully start MMMining where it left off I will pay including back pay. So far though I have only been tried to be scammed by people and its sad. I am sure some of you are being honest, but there is no way without GLBSE's data base that I can tell.

You all have done alot for me and on every securities post there are the same questions and the answers are the same, we dont know some have no answers at all. You really have nothing but my word and that must scare some of you to death and at the moment I am scared to death as they have hostage half of the money that was received from sales. I feel your pain and will do what I can for everyone because without you all I would not have been able to do any of the things that I was planning on doing. I hate people that abuse bitcoins as its an amazing idea with so much potential but because 1 person screws up it causes everyone else to suffer.

Ok enough rambling you have the idea of what I am saying I am just a little on the anxious side myself. I will post atleast once every 2-3 days at minimum just to let you know if I know more of whats going on.

could you please give out anything? Why is there not even a note about what's happening?

what about your bond holders now?

Just as an FYI guys I believe that someone is going around to multiple stocks buying a few and then selling them real cheap to make it appear as the stock is dropping in price. The way GLBSE shows it is only the last sale is the first number you see so if someone goes and buys few shares and then sells them at an extremely low price it makes it appear that the stock has lost alot of value all of the sudden and then causes others to follow. I have noticed it as someone has listed there stocks for .65 which is offly low but Its not only at MMM I have noticed it at multiple stocks. Anyways guys I am really hating this drop in value but I can't do anything about it that is all up to you guys. Again if you want the stocks for cheaper thats a different story but I thought they were a great buy at the prices they were. Anyways just wanted to give you a heads up that just because the last sale may say something low doesnt mean the stocks is "low"

From, BTC MMMining Investments
                                                                           
We already have upgraded alot of equipment and I really didn't/don't want to lower the prices I feel its better for the holders and better for us, I just didnt know if anyone was looking to purchase and was feeling the prices to high for the new difficulties dividends.

The dividend per share would remain the same either way so that actually doesn't matter. My plans can be altered and there is nothing wrong with that. Originally I had intended to increase the amount of shares based on total mining power so when all of these shares sell I would then add another x amount of shares that would fall under the exact same contract.

I really want to know from you all preferably alot of you all on how we can combat this skyrocketing difficulty to increase the dividends. We like to be on the forefront and think of new use new ideas that do good for everyone and gets peoples attention. Just like when I started this and everyone said "its a ponzi scheme because hes paying more  blah blah blah" but in reality it was an idea that was used to make MMM become more recognizable and I have seen two copy cat securities doing the exact same thing. So I want to make you all more money because that helps you and helps us here. Even if things stay exactly as they are we are still doing great in my opinion and have been between 2.2% and as high as 7.1% interest in a week depending on what price your shares were purchased at.We are all still gonna do just fine even with out a change I just hate to see the difficulty rise.

Anyways please guys I would love to here from you I appreciate your input bitcoin.me. I would never try to undercut someone trying to sell there shares but I was basically asking if my holders would like to me to reduce my price maybe from 1.1 btc per share down to .925 to accomodate for the rising difficulty. but at the same time I know many of you need to sell your shares because other things come up so don't think I was trying to say I wanted to undercut people so I could make sales over someone else. I will never do that, We will never do that I promise you on that. Thank you to all our lovely holders we appreciate all of you and we are working diligently to figure out our next moves but again it doesn't matter who or where that idea comes from as long as its a brilliant one.

You shouldnt sell any shares below IPO price if anything you should buy back any listed lower than that to increase dividends per share.

To combat the rise in difficulty mining companies usually have a growth fund where they might keep 40-50% of income aside to upgrade equipment.

Hey guys we just wanted to give you all an update report. We know it seems like dividends are becoming smaller, but for those of you that aren't familiar with bitcoin mining it has to do solely with the difficulty. When we first started MMMining Investments the difficulty was 2.06 million but it has increased by record amounts. Each increase which happens about once every 2 weeks has set a record for the highest difficulty. The higher the difficulty the harder it is to solve a block and solving the block is what gets you paid. The difficulty now is at 2.86 million which is roughly a 40% increase.

As you can see by the way we do things most days we are able to keep it above average and we try very hard at this using my system of allowing a block to go for 2 hours using pay per block before switching over to pay per share. We try extremely hard to do the best to give you the best dividends as possible. we also saw recently the dramatic decline in MMM stock price going from 1.0btc per shard down to .79. Now this was due to someone selling out immediately to a bid that was set for .8 bitcoins so that they could collect their money immediately which we understand.

We also have noticed that alot of other mining securities such as Gigamining and FPGAmining have dropped drastically in price. So if you all would like we would be willing to lower the price of the remaining stocks so that if any of you wish to purchase more you can. If you all don't want me to because you feel you have paid your .9 for the stock and it would be unfair that we will not do it. When MMMining first started bitcoins were right around $9-10 a piece and are now at the door of $13 so 1.0 btc a few weeks ago is actually equal to .8 btc today. Though this is a question for you all and we would really appreciate some feed back due to things are at a stand still with the remaining stock. We haven't heard from any of you in a while and we would really like to so please give us some feedback.

bump

No I'm sorry that was only for the first 100 shares sold they are now at 1.0 bitcoin per share

Do still you have any MMM bonds at .5 Btc?

Hey guys we just wanted to report the big news. MMM is now 3/6 verified including Photo I.D. e-mail and Facebook. We hope this goes to show you that we are who we say we are and our only goal is to make our holders and us a whole lot of bitcoins.

Also as you can see the last of the .9 stocks have sold and all stocks from now on will be 1.0 btc and up. Everything has been going better than we could have imagined. We hope that all of my wonderful share holders feel the same.

Thank you to all of those who trusted in us and we look forward to paying it back 10 fold!

 This was the final email in a long email exchange, but it seems as I should be verified in the very immediate future.