Hello, I'd like to make a quick update.
GLBSE appears to have shut down and I do not have access to the BTC. This week's payment will be 50% of normal due to the uncertainty surrounding this. I have been pooling money in my personal wallet this whole time preparing to make payments but half a week's income is not going to be enough to cover this.
The really terrible thing is that I just bought 200 BTC and have personally over 500 BTC on GLBSE but because of the GLBSE shutdown there's nothing I can do, I don't have access to it.
I am going to have to renegotiate the terms of these loans now. I'll be contacting the people who loaned to see what we can arrange. Based on the fact that everyone who didn't flee GLBSE will flee if it comes back, it doesn't look like we will make much money.
Well, BMF has ordered a SC single, two Jalapenos, and multiple FPGA singles. I can still pay people back even if it means I am basically out of the game because of it. Hardware should be arriving in about a week. So my current plan is to make a 50% payment on sunday, and see what happens next week. In happy candy land, GLBSE comes back, everyone pays back divs, we sell some assets, and repay people 100% and on time. In what is more likely to happen, I mine using FPGA/ASIC hardware and use my paycheque to buy some BTC to help cover this.
Thread will remain locked. Please send questions and concerns to me in PM on the forums.