Topic: SCAM IPO [Bakewell] - Finally, a 'transparent' investment that will 'grow'! - page 7. (Read 47857 times)

Umm...I'm a little slow, does this mean that Ian Bakewell just got 500 MORE votes? ...or 700 more votes?

One could make the case that you're intentionally tanking this security to buy cheaper shares.

So people know - this is resolved now, dividends and shares are now allocated on btc-tc. Cheers Ian.

Thanks, I cant find anything, shall PM you Ian.

You mean like how you stuck to the scam accusation forums all those times you took potshots against me in the securities forum? Not only did you defraud CPA and it's investors by backing out of a contract with a no cancellation clause, and threatening to lie about me in PM if I didn't give you the money (in opposition to the contract, which said give it to your shareholders) I really believe you are now trying to rip off BMF shareholders as well. You knew we were the only person on the list with ~430 shares. It was a well known fact, since we published the number and you mentioned it yourself -- we were the only shareholder who voted against the motion to cancel the CPA contract. So you knew.

When you gave burnside the lists, did you forward the message from Nefario or did you just attach a .yml file? Burnside said I was not on the list. The question now is if you fraudulently edited the list or if you gave burnside a proper list. Sure, I will post this on the scam accusation forum but.. how you say... "7: you are a dirtbag piece of shit and I happily tell others my opinion of you Smiley" -Ian Bakewell

Nice going, ripping off your shareholders on the CPA contract, ripping off shareholder votes in the recent motions, ripping off CPA lying about your financial position, ripping me off by trying to blackmail me in PM, and now ripping off BMF.

Have you tried emailing nefario?  That would be the obvious place to start.  It's a shame nefario is too incompetent to send lists of what they held to investors - as it would clear up a lot of issues for a lot of people (right now, plenty of people still don't have a clue what shares they hold in what) as well as providing some initial evidence if an asset issuer tries to scam.

Also - were your shares on sale (and, if so,  have you checked the last GLBSE transacations to see if there were total Bakewell sales late in GLBSE's life large enough to have been yours)?

Barring a cockup by nefario or the shares having been sold one of the two of you is pretty clearly scamming.  No way for me to know which (as there's no public records of what assets BMF had shortly before GLBSE went down and afaik you made no statement about them afterwards) but I'd definitely like to know which - as obviously if Ian then I need to value his shares down from where they presently are (about half IPO price as he's said he intends to steal 30% of assets if the company closes and vote with shares he doesn't own) and make sure anyone he deals with (here, on Second Life etc) knows that not only does he SAY he'll steal, but actually HAS stolen.

As it stands, there's no way for anyone other than you two to make a convincing accusation against the other one on this issue - whichever of you is wronged is probably going to need nefario's cooperation (and then one or more exchange operators' cooperation) to make a convincing case.

Diablo's list of shareholders for DMC should be imported in next few days - so you'll find out then if he's allocating you shares.

Well, you pretty much knew who we were on your asset list, since we were one of your largest shareholders with a well-known number of shares. You're probably going to continue to deny we were on your list and there's no way for me to prove we were. In fact you now must, for if you go back on what you gave burnside it will be an instant case of fraud and there would be no way for you to avoid a scammer tag over it.

That's very unfortunate for BMF shareholders. You will be the sole case out of 20, the only one who is denying our claim. Actually not sure about Diablo either, he hasn't responded to me on the status of our claim yet. We'll see what happens when he lists on bitfunder. But you... sheesh Ian, I supported you, and what you did to me in turn was extremely dirty. In fact I think you pushed a little too hard, almost to the point where it becomes a wonder why you turned against me so hard. It was you, remember, who broke the contract and threatened to lie about me if I did not follow your demands... I guess this is my punishment?

On BTC.CO.

Most likely the email to you from them ended in your spam folder.

There'll be an email detailing an account created for you on BTC.CO - if you log into it you'll find your shares (and dividend payment).  You can then either continue using that account or make a new one and transfer the shares/BTC to it.

Ian, just catching up a little - I haven't received any dividend, where was this sent?

Just open a scam accusation forum thread against him. I have one up here, which deals with a separate issue against him. You should pursue your grievances there IMO. I think by now it's pretty obvious he scammed his investors in multiple ways. A good scam accusation thread will clearly lay out the evidence and suggest a remedy by which Ian can perform some action to avoid a scammer tag.

I don't think he deserves a scammer tag "no matter what", I think there is still time for him to fix this. But I am not responsible for making that decision.. just weighing in.

Quoted for blatant scamming.

Why are there shares for growth and maintenance? Profit should just be multiplied by 0.7 and the remaining 30% sent to a publicly announced bitcoin address for safe keeping. Since these shares are owned by the company, they should not vote, or they should at least vote how the rest of the shares vote for them to vote (now that is getting a bit complicated). They should in no way ever be represented as being owned by Ian, they are owned by the company. Which is just silly, why would a company own itself?

Sorry you are wrong, you own 20%, bakewell 30 And we 50... Otherwise you Lie And brake your contract!

Contract:
The shares will be released on a 5 : 3 : 2 schedule
For every 5 shares sold to the public, 3 will be considered active for
growth and maintenance, and 2 will be sent to my personal portfolio.
This will keep the percentages proportional to funds raised while we grow


Atm i think you want that everyone sell und you Run with the Equipment if nobody is left..
Look like Scam, you changed your mind much After des GLBSE Shutdown.. This was the First try to run...

wrong answer.

Contract includes:

"My compensation will be received as dividends on my 20,000 shares "

It doesnt' say "My compensation will be received as dividends on 20,000 of my 50,000 shares" - so it clearly defines the number of shares you own as being 20,000.

Nor does it say "My combensations will the dividends on the 20,000 founders shares and the equity of all founders shares and growth shares."

A case could be made that by defining your compensation as you did, you aren't even entitled to the equity of founder's shares (any benefit you receive without paying for it is compensation).  I wouldn't personally argue that harshly.

I suggest if you hold to that line that you start liquidating now - as for sure you won't sell any more shares.  But i'm guessing you already know that and are trying to grab as much as you can whilst hoping noone will notice you thieving.  Can't stop you thieving obviously - but can make sure everyone knows about it if you do (assuming the RL info you've provided is real).

So Ian Bakewell's stake in BAKEWELL is actually 50% of outstanding shares + whatever he's purchased on the market? Everytime 5 shares of bakewell were sold an equal portion was given to Ian Bakewell FOR FREE? That is not what BAKEWELL's contract says.

Agreed. These are exactly the issues that need addressing NOW.

Ian, you are demonstrating extraordinary arrogance and disregard for your investors with your comments such as:



You have to realise now that your shareholders are important to you and the survival of the company.

Please address these issues as soon as possible:

Fix the contract- it's a mess and out of date.

Publish the current valuation of equipment.

Fix the growth shares issue- they should not have a vote, even if you believe they belong to you.

And please let us know what the future plan is, as clearly none of the 1800 shares from the second tranche are going to sell any time soon.

Simple question:

Who owns those shares?  Is it:

a) The company
b) Ian Bakewell

Here's a clue: B) isn't the right answer.

They are NOT the same as other shares.  If the company closes down, assets are sold and proceeds distributed do they get part of that? If so, what happens to it?  If they did get distribution it would become part of the assets to be distributed and have to be shared out again (and again, and again).  Those shares don't own equity - they're just a device to set aside funds.  Vague crap about "they'll be important in the future" is just that - vague crap.

There won't be a "down the road" unless you start getting your act together and doing the stuff that needs doing like fixing the contract, working out a valuation for current assets (you won't be able to sell new shares if they're priced way above what assets are backing current shares - that may not be case of course), getting rid of the growth shares so new investors aren't put off by you appearing to control a massive chunk of voting power that you never bought etc.  Oh - and working out a plan to go forward.

ASICMINER's chips arrived from the foundry yesterday.  They could well be mining within a few weeks.  Strangely this could actually be GOOD news for you so long as you get your act together within a few months (it's bad news for any mining company that has pre-orders on ASICs).

I am against this way...
If you going this way Ian, it will be better you close bakewell, sell all the Staff an payout any shareholder...
The problem is, Shares doesnt had a mind, so they cant vote for there self!
Only the guy who owns the shares can vote becouse he has shares.

But who owns M&G Shares?
Yes the Company Bakewell owns this share, but no to vote! these shares are only for a better organization.
These shares are here that the company get some Bitcoins if dividend were payed!
The M&G Share are property of Bakewell to get cash, but not that you can vote what you want!
And i own Bakewell Shares, so a part of Bakewell an all the property of Bakewell is also my property!

Ian, you work against your shareholders.
Get an equitable stake in a transparent & growing mining company -> is a Lie
It sholud be more like this: "Give a Canadian your money and let him do what he want in a untransparent & money burning company"

Not good enough. There is no proof that those shares are being voted any particular way. I suggested they be returned to the treasury because then anyone can see that the shares outstanding has been reduced.

I'm saddened that you've chosen to go this route Ian. I'll be selling my remaining shares...likely at a loss. I no longer trust you.

It is apparent that this is a good idea -- Let's make it happen.

You've set a precedent alright and trust once lost can be difficult to regain. The shares in question do not belong to you, they belong to the company, IOW they belong to all shareholders collectively. By treating those shares as though they were your own personal shares to vote you've proven you cannot or will not honor that distinction. You simply cannot negate the vote of a shareholder with a G&M share they own in part as well.