Which should be a watch made in 1986.  Adding that to the description would be helpful.

https://bitcointalk.org/index.php?topic=127626.msg1362522#msg1362522

dank doesn't know how to host an image properly and I can't get imgur to accept it.

The link to the image is

http://s11.postimage.org/nnyyo58g1/rolexreceipt.jpg

Then maybe you need a plan B for going to see them rather than sitting around hoping someone will entrust you with their (very specific model of)  bike.  You have just over 3 weeks in which to make this event happen - you need to be seeing these people yesterday.

dank has posted an image of the receipt for the watch, so it might be time to shut this thread.

A creditors’ meeting is not called for every liquidation.

- Generally creditors’ meetings will only be held where they are likely to be of benefit to the administration.

- They may also be held in particularly large liquidations involving complex issues where the liquidator considers that it would be appropriate for creditors to assist in making decisions.

- Creditors’ meetings are not an opportunity for creditors to badger the company director or to attempt to extract some retribution for financial losses suffered.

- Where a liquidator decides not to call a creditors' meeting, the liquidator must give notice of that decision (in writing to the creditors and by placing a public notice)

- If a creditor would like a meeting to be held, they can make a request in writing to the liquidator setting out why they consider that holding a creditors’ meeting would benefit the administration of the liquidation.

- Public notices of meetings must be arranged by the liquidator.

http://www.business.govt.nz/companies/learn-about/closing-a-company/business-in-difficulty/liquidation/what-happens-during-a-liquidation

Obviously the major question is whether creditors travelling to New Zealand to attend a creditors' meeting would benefit the administration of the estate in any way.

Creditors need to keep in mind that liquidators are paid by the hour and they have a duty to keep liquidation costs to a minimum and not take actions which are unlikely to result in a benefit to creditors.

Many of your questions can only be answered by the liquidators themselves and some they won't have answers for right now (this is absolutely normal so don't panic about that - the numbers in the Statement of Affairs in the first report are usually guesses - and they've already indicated that there are some matters on which they're waiting for legal advice).  

Just stay mindful of the fact that they are not working free of charge and that fees for the time they spend on this liquidation and any legal actions they take on behalf of creditors will come out of the estate.  

Not to mention the fact that some refunds were processed from the reconstructed database after the hack.  Some of those refunds may well have been made by payment methods which involved people's real life identities.  Patrick provided them with a list of investor balances, remember.

Thank you .  People are likely still going to want details about the year of manufacture and stuff but at least you've proven that it was legitimately purchased.

Serial number is 9366812, which indicates 1986 as the year of manufacture.

"ASICs are a scam" would be a stupid statement given that the technology itself is not new and is already in use.

The bigger question is whether Bitcoin mining ASICs are simply a more expensive shovel which can only be used for one thing - will anyone except the shovel-makers and the shovel-sellers ever make money from them?  And that's really something which buyers should have considered before placing orders.

I'll vote for that.

SE Asia (including Indonesia).  Some of the Pacific Islands also have a low cost of living if you're living like a local but are expensive if you're living there as a tourist.  You could live extremely well in Tonga for $30 per day if you leased a property rather than back-packing.

I'm not familiar with South America myself, but I believe there are parts of South America where you can live very well for very little (by Western standards) as well.

"And our competitors are going to be late shipping too, so that excuses our delays".

I'm curious about whether they're going to work through Christmas and New Year if the chips arrive mid-December.

Josh is saying that the chips will be in hand in "a matter of days" once they're completed.  I hope he's not under-estimating the time which packaging, shipping and customs clearance will take.

Define "live on".  Are we assuming living somewhere permanently or living there temporarily (like the whole back-packing through Asia thing)?  Are we talking about people who are debt-free?  Talking about staying in hotels/hostels or renting a home?  Running a car or using other means of transport?  Including the cost of getting there or not?  What - specifically - do you intend that $30 per day covering?

I think he means the "Scam Accusations" forum.  The goons in BF&C would eat him alive.

Bullshit.  The onus is always on the buyer/investor/business partner to seek their own independent advice.  What do you think the requirements for product disclosure statements and prospectuses, partnership agreements and the like are all about?  You're supposed to read them and obtain independent advice before making an investment - it's not someone else's fault if you don't do your due diligence.  

If you were blatantly lied to and there is no way that appropriate due diligence could have revealed the lie, then you can start talking about "entrapment", but being too lazy to do your homework doesn't and shouldn't excuse you from the consequences of bad decisions.

This is one reason I wonder whether the chips even exist yet.  If another company ships first, people are going to cancel their BFL orders in droves.  Many will probably cancel their BFL orders come 1 January whether or not another company ships first.  If they have any working chips at all, it would make sense for them to ship something ASAP, even if it's only the low-end jalapenos (hell, they can even offer to let people have the chips exchanged later). 

He's obviously been listening to too much Pink Floyd while tripping.


Bwahahahaha.  Tripping balls.

Buy your own bike with the money you're making from selling your (and your "friends") possessions you little parasite.

Let's face it, saying "search your emails for the BTC address" sounds spectacularly dodgy.  BFL is right not to cancel orders unless the person requesting the cancellation can prove they placed the order.  Otherwise, anyone could cancel the orders of other people in the hope of reducing the size of the order queue - either for shit and giggles or to get their own order sooner.  I expect that all the ASIC companies are going to get hit by refund scammers.

I honestly don't know how they're set up, so I hope that MPOE-PR will come along and clarify that.  There are ways you could set it up so that only some shareholders had liability without setting up a company (by issuing different types of shares, for instance, so that investors were basically limited partners) but as a general rule you need to take an action of some kind to limit liability.

It bothers me that so few enterprises do go to the trouble of incorporating because it's not particularly expensive and a lot of Bitcoin enterprises find themselves controlling large amounts of other people's funds within months of opening.  When enterprises are skimping on standard business start-up costs, it always makes me wonder how else they're cutting corners.

Your view is fine, but it's irrelevant to the legal realities.  Your view is a reflection of how you believe things should be in the world of toy businesses.

I doubt that anyone is going to sue the "shareholders" of BitcoinGlobal.  In the "real" world, if they did then it would be up to whichever shareholders ending up paying out the judgement/settlement to try to recover funds from Nefario and/or the other shareholders.

I doubt that anyone is going to sue usagi, either, even though he's improperly using what should be secured assets for personal advantage.  In respect of usagi's ventures, it seems much more clear cut that his shareholders are not partners and that he's essentially operating as a sole trader (which would make him the only one legally responsible for any debts). 

Will Tom's post on his own forum convince you?

https://www.btcfpga.com/forum/index.php?topic=125.0

For the record, I'm not a BFL supporter.  My interest is in seeing those who've pre-ordered ASICs get the most accurate information possible about when they can expect delivery.  I think Tom has done pretty well at this to date but that people are understandably frustrated when significant delays are only announced at the 11th hour, no matter which company is announcing a delay.  I think many people would rather have a company say "February" and deliver on time or early than have them give a date and keep pushing it back.