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1241  Economy / Securities / Re: [GLBSE] Bitcorp Mining Company - BTCMC 50+ GH/s, clear ASIC upgrade path. on: July 05, 2012, 06:46:19 PM
OK so it appears that I am a fool to have trusted a very clear & explicit contact issued by you on GLBSE & finally you have admitted that you will not buy the shares back off me at cost to make this good. You also seem to think it's fine to just leave that completely untrue contact up there so that others can fall in to the same trap.

Firstly I shall contact Nefario & state that your issue is a fraud, it does not pay what it promises to or give any clue that you may just decide at any time to lower the interest rate drastically as you had already done.

Secondly I shall ask for a judgement from the Securities Mods here of you keeping up this false offer on GLBSE if that should get you the scammers tag.

No I don't go & read every thread about every thing that I buy on GLBSE, I will now if you get away with this but it's too late in this case anyway.

I'll wait for 24 hrs to give you one last chance to act like the professional you claim to be & buy in the shares that were falsely listed on your issue, I very much regret this unpleasantness when you could just do the right thing but that is up to you.

Contact away.  I have tried several times to get Nefario to change the contract, and have had no luck.

You will be doing us a favor if your efforts are successful. 
1242  Economy / Securities / Re: [GLBSE] Bitcorp Mining Company - BTCMC 50+ GH/s, clear ASIC upgrade path. on: July 05, 2012, 05:51:39 PM
I bought on GLBSE & using the info on GLBSE, no I didn't go searching for threads & history that you may be paying something totally different than what the contract stated - why should I need to there's nothing on GLBSE to say beware & I should do, I saw you OP when you were first looking for angel investors & applied to be one as I was impressed with what you planned to do, I had some spare funds early last month - checked the returns & bought some, unfortunately under a false contract - as you aren't going to honor it then I am, for the third time now, requesting a refund - do you intend to give me one in a professional manner or not?

I am not going to refund anything, as I probably did not even sell you the shares in the first place!

There are multiple holders of the asset, and a live market.  Multiple sellers, multiple buyers. 

I apologize that the contract reflects the pre-split dividend rate. 
1243  Economy / Securities / Re: [GLBSE] Bitcorp Mining Company - BTCMC 50+ GH/s, clear ASIC upgrade path. on: July 05, 2012, 03:58:21 PM
I've just seen this thread & not sure to post here or the original one, anyway I just received my first interest payment of shares purchased last month, it seems that the dividend was @ BTC0.049867 per share & not as listed on the GLBSE offering of BTC0.125 per share, I expected a two & a half times higher ROI - this is totally unacceptable & you need to urgently sort this out with GLBSE as it is blatantly misleading.

I request that you agree to buy these shares back from me at cost due to miss-selling & await your response, thanks.

BTCMC split shares 10x, and thus the dividend was also split. Nefario refuses to let Yochdog change the contract on GLBSE.

thanks for the info, I would really appreciate a full reply to my post from the OP though & am surprised that he hasn't as yet seen fit to do so

Sorry for the delay in response.  Diablo is indeed correct.  After the 10 for 1 split, I have been unable to change the contract despite my attempts to contact Nefario. 

This months dividend was more than 3x what we announced, in an attempt to smooth over investor angst about the contract snafu.  We apologize for the confusion, and hope nefario will eventually help us make the change to the contract. 

Hi, thanks for the response, I saw the offer on GLBSE & entered in to a very clear contract with you:

"Full contract:

Ownership entitles the holder of record to dividends paid monthly on the first of each month. Current dividends are set at .125 BTC per share, per month."

As stated I received 2.5 times less than I was contracted to receive, there was no warning that you had changed this & no link in the blog section or else where warning that these conditions may be changed without notice, if you were unable to change the public terms then in my opinion you should have closed out the issue & opened a new offering with the correct terms, maybe you didn't wish to pay a re-listing fee but the result is perfectly clear which is you are falsely promising a return far higher than you intended to pay then ignoring my request to buy back your mis-sold shares so I would appreciate you making this right by buying the 500 shares I have listed for sale & addressing the issue on GLBSE so that it doesn't happen again to some one else, many thanks.

Obviously you took zero time to actually read the OP:

Company Summary
BitCo is a mature organization with stable operations.  Through our network of 40+ miners in 3 locations, we are able to achieve a maximum mining capacity of 40 GH/s.  Our technical know-how allows us to achieve fantastic up-time with few unplanned outages.  Our cost structure is very low due to favorable cooling methods as well as very cheap electricity.  DIVIDENDS are paid monthly, on the first of each month.  Currently set at .015 BTC per share.

1244  Economy / Goods / Re: [Sell] Cuban Cigars for Bitcoins. on: July 05, 2012, 01:27:03 PM
Recieved a dozen cigars yesterday in the mail......packaged wonderfully, and all were in great condition. 

Smoked one last night to celebrate the 4th, and it was worth every bitcent! 
1245  Economy / Securities / Re: [GLBSE] Bitcorp Mining Company - BTCMC 50+ GH/s, clear ASIC upgrade path. on: July 04, 2012, 06:37:47 PM
I've just seen this thread & not sure to post here or the original one, anyway I just received my first interest payment of shares purchased last month, it seems that the dividend was @ BTC0.049867 per share & not as listed on the GLBSE offering of BTC0.125 per share, I expected a two & a half times higher ROI - this is totally unacceptable & you need to urgently sort this out with GLBSE as it is blatantly misleading.

I request that you agree to buy these shares back from me at cost due to miss-selling & await your response, thanks.

BTCMC split shares 10x, and thus the dividend was also split. Nefario refuses to let Yochdog change the contract on GLBSE.

thanks for the info, I would really appreciate a full reply to my post from the OP though & am surprised that he hasn't as yet seen fit to do so

Sorry for the delay in response.  Diablo is indeed correct.  After the 10 for 1 split, I have been unable to change the contract despite my attempts to contact Nefario. 

This months dividend was more than 3x what we announced, in an attempt to smooth over investor angst about the contract snafu.  We apologize for the confusion, and hope nefario will eventually help us make the change to the contract. 
1246  Economy / Computer hardware / Re: [WTS] BFL Singles (Rev3) on: July 02, 2012, 05:13:27 PM
145 BTC each. Shipped immediately.

ROFL.....$980 each......LOL
1247  Economy / Computer hardware / Re: FS: 5x 7970 Mining Setup on: July 02, 2012, 03:21:13 AM
I will still give you 290...
1248  Bitcoin / Pools / Re: [551GH] ABCPool PPS - Proxy Pool For High & Steady Mining Rewards on: June 30, 2012, 03:44:48 AM
pool does seem to be down
1249  Economy / Computer hardware / Re: Silverstone 1500w Power Supply on: June 28, 2012, 09:24:16 PM
we are making progress. 

That include shipping? 
1250  Economy / Computer hardware / Re: Silverstone 1500w Power Supply on: June 28, 2012, 09:07:06 PM
$210
1251  Economy / Computer hardware / Re: FS: 5x 7970 Mining Setup on: June 28, 2012, 03:55:23 PM
290?
1252  Economy / Securities / Re: [GLBSE] Bitcorp Mining Company - BTCMC 50+ GH/s, clear ASIC upgrade path. on: June 28, 2012, 02:17:43 PM
It was passed......

However, it does not appear the market can take another 6,000 shares at the moment, so we are in a holding pattern. 
1253  Economy / Securities / Re: Forward-looking statement for upcoming July 1st dividend on: June 28, 2012, 04:30:14 AM
Our second dividend and first full month dividend is quickly approaching.

Estimated total dividends: 75.52 to 83.00 BTC
Estimated per share dividend: 0.028495 to 0.031827 BTC


Well, this is fun. BTCMC is not going to honor the .125 BTC/mo dividend in the contract. This estimate is now wrong, and is probably going to be around 27 to 35 BTC total dividend, or less than half. Thanks Yochdog.

Dude, you have to pay attention to the thread.

We had 1,000 shares issued paying a dividend of .15 per share.  We did a 10 for 1 split, thus we now pay .015 per share.  We are still going to pay out the same 150 BTC as before. 

This was very clearly stated in the thread we have for the company. 

Yes, and all of DMC's holdings of BTCMC are apparently post-split.

Everyones shares are post split......the people who owned 100 shares before own 1,000 shares now.  No different than if they bought 1,000 shares post split.  Dividends are the same as well.....they recieved 15 BTC per month before (on 100 shares), they recieve 15 BTC per month now (on 1,000 shares).

THe dividend will continue to rise as well. 

I have e-mailed Nefario and will try to get the contract changed so there is no more confusion. 

Yes, and all of DMC's holdings of BTCMC are apparently post-split.

1254  Economy / Securities / Re: Forward-looking statement for upcoming July 1st dividend on: June 28, 2012, 04:23:04 AM
Our second dividend and first full month dividend is quickly approaching.

Estimated total dividends: 75.52 to 83.00 BTC
Estimated per share dividend: 0.028495 to 0.031827 BTC


Well, this is fun. BTCMC is not going to honor the .125 BTC/mo dividend in the contract. This estimate is now wrong, and is probably going to be around 27 to 35 BTC total dividend, or less than half. Thanks Yochdog.

Dude, you have to pay attention to the thread.

We had 1,000 shares issued paying a dividend of .15 per share.  We did a 10 for 1 split, thus we now pay .015 per share.  We are still going to pay out the same 150 BTC as before. 

This was very clearly stated in the thread we have for the company. 
1255  Other / Off-topic / Re: Butterfly Labs - Bitforce Single and Mini Rig Box on: June 27, 2012, 08:35:40 PM
There is no way to change the firmware on the singles without a windows machine? Who the hell runs windows these days?

ROFL.

about 90% of computer users........
1256  Economy / Computer hardware / Re: NEW! - 4x 7970 --- [ 16x Sapphire Toxic 5850 + 1 x Intel Core i7-3960X ] on: June 27, 2012, 08:10:11 PM
I will take the 4x 7970's for 180 BTC, if we use "Cablez" as an escrow agent.  Only if he agress of course, but I am sure he will. 
1257  Economy / Computer hardware / Re: [WTS] BFL Singles (Rev3) on: June 27, 2012, 06:00:02 PM
Waiting for payment instruction.......
1258  Economy / Computer hardware / Re: [WTS]8 Rigs Total [each rig 4 sale!!!] (updated w/new prices & pics) on: June 27, 2012, 05:55:41 PM
What OS are they running? 
1259  Economy / Computer hardware / Re: [WTS]8 Rigs Total [each rig 4 sale!!!] (updated w/new prices & pics) on: June 27, 2012, 05:17:30 PM
1300 is fair by your .60 calculations  Grin

.60 is generally reserved for newer hardware though (read 7970's)

My best offer is on the table.....just let me know!
1260  Economy / Computer hardware / Re: Selling 1x 5970 on: June 27, 2012, 05:02:07 PM
9btc? split shipping?

Will you do escrow or ship first?

ROFL
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