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Topic: Usagi: falsifying NAVs, manipulating share prices and misleading investors. - page 23. (Read 92656 times)

BCB
vip
Activity: 1078
Merit: 1002
BCJ
The fact that Usagi evidently deleted hundreds of post would imply wrong doing.  IRL that is call destruction of evidence.  

Usagi,  I would suggest you restore those post or allow admins to restore or release.

In the mean time does anyone have a gpg signed contract that usagi broke or failed to honor.

Does anyone have screen shots or copies of the posts that got deleted.  

Maybe you could get MOE-PR or JoelKatz to argue your case, but with out hard proof I'm not sure what admins can do.

vip
Activity: 812
Merit: 1000
13
Hang on, didn't usagi claim that the reason he was going to use the mining equipment to satisfy a debt he'd personally guaranteed was because he directly and indirectly owned the majority of shares and that if/when other assets became available he'd reduce the amount of his/CPA's claim by the amount already received from the sale of the mining equipment and it would all be a wash (which is still technically the wrong way to do it because if no other assets are realised then he's personally benefited while other shareholders have received nothing).

Is he now claiming that he - personally - holds a secured interest over that equipment and is entitled to the proceeds of the sale of them?  If he actually held a secured interest over the equipment, then the extent of his shareholdings would be irrelevant, so why did he prattle on about his shareholdings being the reason he was entitled to sell the equipment?  He makes this shit up as he goes along.

Yes that is the case and there is no evidence that a "secured note" exists. As a CPA shareholder I certainly didnt sign such a thing that would make usagi have first rights on any assets.



I don't have first right. I already explained to you what is going on. You and kjj and a few others are being assholes. End of story.

What, you want me to explain it again? I will send out the YARR payments when I get the YARR list. Which for example I did. I will send out other payments when I get proof that there is a valid claim on those. You are a very confused individual. You are whining because CPA sold a single it owned -- which it has proof it owned. What, were you a shareholder? Okay, can you prove that? See this is the problem. I didn't pay too much to CPA. I just did somehting which was logical and convenient. There is PLENTY of shares and bitcoins left over for YOU to get paid in proportion. Don't make the foolish mistake of assuming that all of my companies are really one company. Just because I don't have the share list for BMF does not mean I do not know for a fact that 60-70% of the assets were owned by CPA and myself. I don't need to wait for that. So you can just fucking relax.

You really are an asshole.
vip
Activity: 756
Merit: 503
Let me reiterate that there are people sitting in prison right now for doing the stuff that you are proposing.

Who, where and when that happened?
hero member
Activity: 686
Merit: 500
Wat
I said I would transfer them to "a person " not "people".

 Im not going to transfer them to 50 people or 2 people. YOU can get the shares and do that yourself.

What exactly is the problem here ? Give me a fucking name to send them too.



The problem is you're being a jerk and spreading rumors on the forums that I am a criminal.

I've asked you to stop doing this. I've made that part clear. Other than that I have no intention of watching you flap your lips and be rude to me for, really, nothing.

I seriously don't know why you didn't just discuss what you wanted with me in PM. I've decided to ignore you for a couple of days while I think who to assign the shares to. I might even just claim them myself if liquidating them/distributing them that way is not overly difficult. Again: Not a big deal. I don't know why you ever started posting on this thread. You should probably stop now. And edit my company out of your stupid "unlimited liability" thread. If you really believe assigning 2,000 shares of your company ( And I fucking supported your idea dude ) gives you unlimited liability then you REALLY ARE a jerk.


I said what you are doing is proposing a criminal act, as stated in the other thread. If you really want to preference some shareholders over others thats not on. As a CPA shareholder why would I be a party to asset stripping the company in this manner ?

tl;dr claim the assets yourself Im not a co conspirator in your dodgy as company shutdown process.
hero member
Activity: 686
Merit: 500
Wat
Hang on, didn't usagi claim that the reason he was going to use the mining equipment to satisfy a debt he'd personally guaranteed was because he directly and indirectly owned the majority of shares and that if/when other assets became available he'd reduce the amount of his/CPA's claim by the amount already received from the sale of the mining equipment and it would all be a wash (which is still technically the wrong way to do it because if no other assets are realised then he's personally benefited while other shareholders have received nothing).

Is he now claiming that he - personally - holds a secured interest over that equipment and is entitled to the proceeds of the sale of them?  If he actually held a secured interest over the equipment, then the extent of his shareholdings would be irrelevant, so why did he prattle on about his shareholdings being the reason he was entitled to sell the equipment?  He makes this shit up as he goes along.

Yes that is the case and there is no evidence that a "secured note" exists. As a CPA shareholder I certainly didnt sign such a thing that would make usagi have first rights on any assets.

hero member
Activity: 868
Merit: 1000
Hang on, didn't usagi claim that the reason he was going to use the mining equipment to satisfy a debt he'd personally guaranteed was because he directly and indirectly owned the majority of shares and that if/when other assets became available he'd reduce the amount of his/CPA's claim by the amount already received from the sale of the mining equipment and it would all be a wash (which is still technically the wrong way to do it because if no other assets are realised then he's personally benefited while other shareholders have received nothing).

Is he now claiming that he - personally - holds a secured interest over that equipment and is entitled to the proceeds of the sale of them?  If he actually held a secured interest over the equipment, then the extent of his shareholdings would be irrelevant, so why did he prattle on about his shareholdings being the reason he was entitled to sell the equipment?  He makes this shit up as he goes along.
hero member
Activity: 686
Merit: 500
Wat



Let me reiterate that there are people sitting in prison right now for doing the stuff that you are proposing.

kjj
legendary
Activity: 1302
Merit: 1026
Step 1, decide to shut down.
Step 2, freeze everything.  And I do mean everything.

Step 3a, begin liquidation
Step 3b, have everyone that could possibly consider themselves a creditor to the company submit documentation of debt.
Step 3c, verify that your shareholder information is correct

Step 4b, verify debts, dispute and resolve if applicable
Step 4c, resolve any shareholder ownership issues

Step 5, Once enough assets have been liquidated from step 3a to cover all debts from step 4b, pay them all.  If you run out of assets and still don't have enough, switch to seniority.  Starting from the most senior debts, pay all or in proportion until you run out of money, advancing down the seniority levels.  Example: If you owe $10 to 1 senior creditor and $10 each to 9 juniors, and you have $50, you pay the senior guy $10 and the juniors each get $4.44.

Guess who the senior creditor is, buddy?

In that case, why don't you just produce the documentation?

If you are, in fact, the most senior creditor, just show everyone the note.  Also please include either the signed statements from all prior creditors, indicating that they agree to become junior creditors, or a notarized document sworn by an officer of the company attesting that there are no other creditors.

You do have those documents, right?  I mean, a mighty titan of industry like yourself surely knows that properly establishing debt seniority isn't merely a matter of claiming it after the liquidation starts...

Let me say this part very clearly so that you understand it.  Your plan to preferentially offset one shareholder, at assumed face value, is active outright fraud.  You need to stop what you are doing right now and start taking this seriously, go back to step 1 and work through the process the right way.

No, you're a clueless jerk. It's not preferentially affecting anyone. I have around 300 bitcoins worth of shares I'm working on dispersing right now. Paying those 300 bitcoins out to the remaining shareholders would mean they already got a bigger share than we did based on ownership. Stop being a fucktard.

I can make no sense of this statement.  Who is "we"?  If "we" is "you", and you are a shareholder, you must treat your own shares identically to all other shares.

Let me reiterate that there are people sitting in prison right now for doing the stuff that you are proposing.
hero member
Activity: 686
Merit: 500
Wat
I said I would transfer them to "a person " not "people".

 Im not going to transfer them to 50 people or 2 people. YOU can get the shares and do that yourself.

What exactly is the problem here ? Give me a fucking name to send them too.



The problem is you're being a jerk and spreading rumors on the forums that I am a criminal.

I've asked you to stop doing this. I've made that part clear. Other than that I have no intention of watching you flap your lips and be rude to me for, really, nothing.

I seriously don't know why you didn't just discuss what you wanted with me in PM. I've decided to ignore you for a couple of days while I think who to assign the shares to. I might even just claim them myself if liquidating them/distributing them that way is not overly difficult. Again: Not a big deal. I don't know why you ever started posting on this thread. You should probably stop now. And edit my company out of your stupid "unlimited liability" thread. If you really believe assigning 2,000 shares of your company ( And I fucking supported your idea dude ) gives you unlimited liability then you REALLY ARE a jerk.

I was using it as an example.
I said it makes you a partner. Unless you are an actual corporation which limits the liability of shareholders.



vip
Activity: 812
Merit: 1000
13
I said I would transfer them to "a person " not "people".

 Im not going to transfer them to 50 people or 2 people. YOU can get the shares and do that yourself.

What exactly is the problem here ? Give me a fucking name to send them too.



The problem is you're being a jerk and spreading rumors on the forums that I am a criminal.

I've asked you to stop doing this. I've made that part clear. Other than that I have no intention of watching you flap your lips and be rude to me for, really, nothing.

I seriously don't know why you didn't just discuss what you wanted with me in PM. I've decided to ignore you for a couple of days while I think who to assign the shares to. I might even just claim them myself if liquidating them/distributing them that way is not overly difficult. Again: Not a big deal. I don't know why you ever started posting on this thread. You should probably stop now. And edit my company out of your stupid "unlimited liability" thread. If you really believe assigning 2,000 shares of your company ( And I fucking supported your idea dude ) gives you unlimited liability then you REALLY ARE a jerk.
hero member
Activity: 686
Merit: 500
Wat
I said I would transfer them to "a person " not "people".

 Im not going to transfer them to 50 people or 2 people. YOU can get the shares and do that yourself.

What exactly is the problem here ? Give me a fucking name to send them too.

vip
Activity: 812
Merit: 1000
13
Are you fucking retarded ?

You certainly appear to be. On Nov. 25th we already discussed what we were going to do. I was going to assign the shares to one, maybe two people. And you agreed. Now that you appear to want to get out of doing that you are coming here and stirring up all manner of bullshit.

For fuck sakes dude. Why are you doing this?

https://bitcointalksearch.org/topic/m.1362184

Get an account on the exchange and Ill transfer the shares. Exactly what is the issue here Huh

The issue is you are accusing me of committing a crime based on misinformation and personal opinion. And you fucking know it. What the hell are you even doing in this thread? Do you realize it looks like you had the intention of getting out of this as soon as you started posting your dumb trolls? We had a DONE DEAL in PM. You're being a jerk.

Are you intentionally trying to make this as difficult as possible ?

It was yourself who brought up the gpg statement in the first place. I would really prefer to just transfer the shares to you and be done with it but youre being a complete fucking asshole about it instead of taking action.

ffs its like dealing with a child.

It is. If you want to change the agreement you made with me in PM, why not just send me a PM asking to get out of it? I really care very LITTLE either way. You KNOW I can't do anything until I get the CPA/etc shareholder lists. So other than your AGREEMENT to do things that way we have to wait. I wouldn't really care if you wanted to do it another way. But you didn't ask. You didn't send a PM.

No. You have to drag this out in public and compound it by bandwagoning a VERY retarded scam accusation.

And when I made it perfectly clear how wrong you were, and how willing I was to have changed the deal you agreed to?

You ignore what I said and flatline a response that you refuse to deal with me, because I am committing financial fraud!

Nice job! You win the retarded award!
hero member
Activity: 686
Merit: 500
Wat
Are you fucking retarded ?

Get an account on the exchange and Ill transfer the shares. Exactly what is the issue here Huh

Are you intentionally trying to make this as difficult as possible ?

It was yourself who brought up the gpg statement in the first place. I would really prefer to just transfer the shares to you and be done with it but youre being a complete fucking asshole about it instead of taking action.

ffs its like dealing with a child.

vip
Activity: 812
Merit: 1000
13
As a shareholder of CPA I forget where you had a motion to take on massive debt thus making the company insolvent.

Me too!

Especially the part where we took out a loan and then invested it and didn't become insolvent! (CLUE)

See, you have NO idea what is going on here. But instead of ASK, you ASSUME. And you know what that does! That makes an ass out of YOU, and out of ME (in your mind). BZZZZZZT. Just shush.

I believe the company has obligations exceeding its assets and therefore should appoint a liquidator.

You are not an officer of the company and you don't know shit. You should keep your opinion to yourself.

People say I am liable for GLBSE because I was a "partner" when no partnership agreement existed and when you look at it CPA is no different They are both made up companies I sent coins too except Im called a scammer for sending coins to Nefario even though theres not a damn thing I could do about either company. You are no fucking different to Nefario and should be sacked as the operator long ago.

You're wrong, and I don't know where you get your shitty ideas. CPA wasn't a made up company. If GLBSE was still up it would probably still be running.

If Nefario gets a scammer tag for glbse you should get one for trading while insolvent. The fact you are selling personal property proves the company doesnt have enough assets.

I'll say it again. You don't know what you are doing. Trading while insolvent? But that's your opinion. Who gives a shit what your opinion is. Got any proof?

Look I hate to break it to you, but you're being a real bitch. Go away.

Also, why the fuck does my asset come into this at all? I transfer you the shares and you can transfer them to whoever the hell you want, even if thats 50 people. Since where did I become responsible to do your fucking work for you.

You're not doing any extra work. You did however become responsible for keeping your word once you said you were going to do something. Want me to quote your PM again? Let me repeat myself --> If you are going back on what you said, without as much as asking me or trying to discuss it like a real man, then you're a fucking slimeball. I don't really care either way. But it will be clear you are a liar.

Either collect the shares yourself or appoint a liquidator to do so. Theres no way in hell Im going to become an accessory to your crime here now that I realise what is happening.

You don't realize shit. you're a fucktard.

I am going to publically state right now that you can get an account on btct.co and I will transfer the shares in their entirety. Anything else is knowingly committing a criminal act. What i am not going to do is work for you for fucking free transferring shares to 50 different people as I am not your slave.

Ahh so that's the reason you are doing this. Pretend I am committing a crime without any evidence so you can get out of doing something you agreed to do, but now decide you would rather not.

Just like Ian Bakewell and BITCOINMININGINV! Wow, you're a fucking slimeball. I really thought you were a nice guy before you started this shit.
vip
Activity: 812
Merit: 1000
13
WTF? 

You're being disingenuous.

Step 1, decide to shut down.
Step 2, freeze everything.  And I do mean everything.

Step 3a, begin liquidation
Step 3b, have everyone that could possibly consider themselves a creditor to the company submit documentation of debt.
Step 3c, verify that your shareholder information is correct

Step 4b, verify debts, dispute and resolve if applicable
Step 4c, resolve any shareholder ownership issues

Step 5, Once enough assets have been liquidated from step 3a to cover all debts from step 4b, pay them all.  If you run out of assets and still don't have enough, switch to seniority.  Starting from the most senior debts, pay all or in proportion until you run out of money, advancing down the seniority levels.  Example: If you owe $10 to 1 senior creditor and $10 each to 9 juniors, and you have $50, you pay the senior guy $10 and the juniors each get $4.44.

Guess who the senior creditor is, buddy?

But I am doing it nicer, and paying myself after I pay everyone else. Selling a single to cover a little of CPA's loan is simply a convenience.

Let me say this part very clearly so that you understand it.  Your plan to preferentially offset one shareholder, at assumed face value, is active outright fraud.  You need to stop what you are doing right now and start taking this seriously, go back to step 1 and work through the process the right way.

No, you're a clueless jerk. It's not preferentially affecting anyone. I have around 300 bitcoins worth of shares I'm working on dispersing right now. Paying those 300 bitcoins out to the remaining shareholders would mean they already got a bigger share than we did based on ownership. Stop being a fucktard.
hero member
Activity: 686
Merit: 500
Wat

I can't imagine you've thought this though and realize you are asking me to split up BITCOINRS 50 different ways. It just doesn't make sense.

I dont care wtf you do after you claim the sares and nothing is stopping you doing so. If you want to commit a  financial crime Im not your goddamn accessory.
hero member
Activity: 686
Merit: 500
Wat
As a shareholder of CPA I forget where you had a motion to take on massive debt thus making the company insolvent.

I believe the company has obligations exceeding its assets and therefore should appoint a liquidator.

People say I am liable for GLBSE because I was a "partner" when no partnership agreement existed and when you look at it CPA is no different They are both made up companies I sent coins too except Im called a scammer for sending coins to Nefario even though theres not a damn thing I could do about either company. You are no fucking different to Nefario and should be sacked as the operator long ago.

If Nefario gets a scammer tag for glbse you should get one for trading while insolvent. The fact you are selling personal property proves the company doesnt have enough assets.

Also, why the fuck does my asset come into this at all? I transfer you the shares and you can transfer them to whoever the hell you want, even if thats 50 people. Since where did I become responsible to do your fucking work for you.

Either collect the shares yourself or appoint a liquidator to do so. Theres no way in hell Im going to become an accessory to your crime here now that I realise what is happening.

I am going to publically state right now that you can get an account on btct.co and I will transfer the shares in their entirety. Anything else is knowingly committing a criminal act. What i am not going to do is work for you for fucking free transferring shares to 50 different people as I am not your slave.
kjj
legendary
Activity: 1302
Merit: 1026
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
hero member
Activity: 952
Merit: 1009

Using a lot of references to dicks, asses, assholes and fucking?  Cheesy


Teacher's gotta do what a teacher's gotta do.
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