Author

Topic: PLATINUM Asset Backed Security (ABS) - Closed (Read 1354 times)

vip
Activity: 99
Merit: 15
January 22, 2013, 10:32:36 PM
#7
Theres a small number of new PLATINUM accounts that were sent to me from GLBSE/Nefario in a "final" asset holder list recently - these have been paid. The couple without payment addresses have been emailed.
vip
Activity: 99
Merit: 15
December 11, 2012, 11:35:17 PM
#6
Hey people, by my calculation it has taken nearly 11 weeks to receive a list of PLATINUM Asset holders - good news is it has arrived, and I have now sent through a payment to all holders of PLATINUM Assets being 11 weeks of unpaid interest @ 0.88% plus the face/issue value of the assets held by each respective holder. The interest and principal are lumped into 1 single payment to make things a little faster. When I have time I will send a closing statement via email. glbse indicated that there may be others - if so they will be paid out accordingly and no further interest will be payable beyond the current week.
Thanks for your patience!
member
Activity: 67
Merit: 10
For those holding PLATINUM Assets: I am waiting on account details from Nefario so I can pay out the face value of the PLATINUM assets plus the two latest interest payments owing from the 4th and 11th of October.

Sounds good, nice to have a succinct statement to relate to. That's pretty rare in the Bitcoin world heh
Just sad the ABS won't continue. I think you handled it admirably and paying out the shares without quibbling is commendable as well Smiley

I know I'd be interested if you ever decide to start trading again.  Wink

For now i guess we'll just have to see if Nefario actually comes through and provides the asset holder info.
vip
Activity: 99
Merit: 15
For those holding PLATINUM Assets: I am waiting on account details from Nefario so I can pay out the face value of the PLATINUM assets plus the two latest interest payments owing from the 4th and 11th of October.
vip
Activity: 99
Merit: 15
PLATINUM interest has been increased to 0.88%, up from 0.71%. New interest rate will start with payment due this coming Thursday. Thank you those who are holding PLATINUM.
vip
Activity: 99
Merit: 15
The Third PLATINUM interest payment has gone out.
vip
Activity: 99
Merit: 15


PLATINUM Assets Issued: None

PLATINUM was a 100% physical bullion backed BTC loan instrument I was running on GLBSE - (which abruptly shut down!). All PLATINUM asset holders whom I am aware of have been paid out their interest and principal in full.

At some point in the future I hope to be able to relaunch this asset. If and when I do, I will make an announcement here.
Thanks to those who invested in PLATINUM.
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