Agreed. although, I dont think we know exactly what the problem is. only rumours so far. unless you have more info, i know you were closer to nefario.

Things can be made as easy for shareholders as their friendly neighborhood broker cares to make it.

Really the only way to make it easy for them is to make it even easier for hackers/thieves, since you know any security is going to be considered inconvenient and "too hard" and so on. Heck a lot of people complain at simple use of PGP signed messages "too hard" yet it is pretty much the bare minimum needed to prove their identity in a portable manner.

-MarkM-

A user just needs either a client or to be accustomed to using command-lines and scripts.

An issuer would in addition need the ability to actually issue an asset on a server, which might require them to run their own server depending on what kinds of liability a "software as a service" vendor could be open to by allowing someone else to issue an asset on a server that they host.

I have been thinking of setting up a "test server" or "demo server" on which anyone can issue assets just so people can try out the system and get used to it and so on, but as no one has put up money to pay for a lawyer to check with about "safe harbour" laws relating to "being just a common carrier who does not examine the details of what data people use the software to process" I do not know yet if that would be free of liability.

(I am hoping it might be like the copyright acts: if we get informed one of the demo/pretend/game/test items on the server is some kind of illegal unregistered security we de-list it on receipt of a court order to do so kind of thing.)

But for a mere user, all you need is the client (if you insist on a GUI) or just the basic Open Transactions system (so you can interact through scripts / command-line).

-MarkM-

It requires running Open Transactions, optionally with a GUI client to provide a GUI interface for you.

It signs similar in concept to PGP / GPG but actually it uses OpenSSL libraries to do it, and it does it itself instead of making you go to an external application outside of OT itself to do your signing.

Basically it communicates via a similar to PGP type of encrypted-to-a-specific-recipient system so it also provides its own secure communication line to and from the server.

-MarkM-

mathewh3 thought about cryptostocks.com as an option?

I would do so, but I would feel like a credit shark if I charge over 10% interest for <2 Month.

I give you 4BTC and you pay me back 4.3BTC by latest 30. of November 2012?

You do so unrequested.

If it late your debt increases by 0.25 BTC per month.

Please quote and confirm.

I appreciate the balls' hardness, but I've been there and done that (bought many BTC at 20$ after the peak/hack and gone down to the bottom with the ship). This time I am tempted to jump in a lifeboat a.s.a.p.

LTCI - Litecoin Investments

The goal of this investment fund is to invest in litcoin mining bonds/stocks and
litecoin investment funds. This fund spreads the risks involved in just
investing in one mining company or investment fund.

The plan is to issue 10,000 shares at 1.0LTC each and invest the proceeds in AJM.MINING - (https://www.litecoinglobal.com/security?s=AJM.MINING), LTC-CHARTS - (https://www.litecoinglobal.com/security/LTC-CHARTS), LTC-GOLD - (https://www.litecoinglobal.com/security/LTC-GOLD), LTC-ATF - (https://www.litecoinglobal.com/security/LTC-ATF) - and LTC-GLOBAL
- (https://www.litecoinglobal.com/security?s=LTC-GLOBAL) to start off with.  More
mining stocks/bonds and investment funds will be looked at in future as they
join the market.  After the 10,000 shares have been sold we will look at issuing
more shares to grow the fund.  If more shares were issued after the 10,000 IPO at 1.0LTC each then the ask price for the shares would be at least 10% greater on each issue.  To enable early investors to relaise a quick sale profit on there investment if they so choose.

47.5% of the dividends received will be reinvested into buying more shares(and at times may used to buy back shares in LTCI),
47.5% will be be issued as a dividend and 5% will be paid to the funds operator.  
The fund operator will also receive 1% of all shares issued.  The Fund operator will also receive 5% of the yearly NAV growth in the shares we buy in companies that don't pay a dividend.  Such as LTC-ATF and LTC-SILVER.

If the fund needs to close down all assets will be sold and used to buy back all
shares in LTCI.

Accounts Spreadsheet - https://docs.google.com/spreadsheet/ccc?key=0Ap02rO_j4NLvdGNla1FmZGJUUVdhSGRnajVvenBCVUE

https://www.litecoinglobal.com/security/LTCI

I did post MergedMining would receive ~377(GH/s) of RSM shares if the liquidation could raise up to $11,000.

Edit:  Also if people didn't want to invest in other shares to increase MergedMining profits and dividends after a possible RSM takeover.  Then the 50%(or whatever amount a MergedMining motion decided on) to be reinvested into other shares could be used to buy into RSM more.  To increase MergedMining income, profits and dividends.

Instead of assuming a $11000 buyback value and then some twisted math it would be nice if you would give a number of how many MHash/s a single MERGEDMINING share would get.

If i would like to invest in some other projects i would do it myself.

I agree they are very similar approaches. There are some things to consider though.

1) I created MergedMining and believe shareholders would prefer me taking control again.
2) I am capable of displaying real time automated statistics that would make this the most transparent fund available.
3) Emphasis would be on growing share value and not paying dividends.
4) I would be investing in different operations and not just funneling BTC to my own company.

If I were to take this back over, I would put up a motion to turn this into a bitcoin mining investment fund instead of a mining operation. I would arrange a share swap with NASTY to give MergedMining some immediate income and give NASTY ownership exposure to other mining operations.  This would require passing motions from both sets of shareholders. MergedMining would then act as the investment arm for NASTY, so growing the portfolio's holdings would be the #1 goal. I would also set aside funds from the sale of MergedMining's equipment to put up buy orders for those who want to sell their position.

I think I would be able to provide the most transparent investment fund on GLBSE with a real time automated display of the fund's holdings and NAV displayed right on the thread. I think this would give shareholders far more value than the proposed dividend plan.