What about any "fair" market price possibily reached into 2-3 months?
The fund will be closed already.
Hi ft73,
We will still be handling the distribution of funds to the then ex-shareholders. We made the decision to close the fund and cannot wait for a (more or less up in the air) listing of some security with this. I hope you understand this. But once it happens, we will take care of things as promised.
I'm glad you appreciate my feedback.
I was very cautios till now, too much actually, leaving things go from bad to worse.
To be sincere, i completely miss the "care" applied to both fund performance and current wind down.
What i see is shareholders spoiled and then put into a corner, with the fund closure notice.
I hope no scamming is involved, but the way you are operating is indeed suspect to me (especially the hurry), so i definetely won't exclude scamming until some proof.
Keeping an eye on this.
There are a lot of (possible) scams out there, and everyone is very sensitized on anything that does not go "according to plan". I understand that and I am in the same situation quite often. But it is not our fault that the BTC/LTC stock markets and the exchanges more or less imploded. Investors were able to cash out at any time during the funds operation. Nevertheless, we have already paid out more than 70% of all investors and are taking care of things.
Edit: Regarding the "hurry", we estimated the buybacks of all shares to progress rather slowly. This is why we even
increased the timeframe to Dec 31st. Because more than two thirds of shares have been processed in two days, we decided to shorten it to Dec 9th, but still comply with the 30 day timeframe stated in the contract. No hurry at all.
