No it is NOT irrelevant.

As stated in the original contract:

There is NOTHING about paying proportionally.


Where you screwed up the math? Where you stole half of the money!

You couldn't possibly get these shares since GLBSE had been offline way before you took over PGM.

Then congratulations, you are the fucking master of scam. I hope you choke with my money.

You can't prove you owe these shares as it happend AFTER glbse shutdown. You know it.

Nobody as these were never sold!

@Theymos the last traded price was 0.24 if I read the csv correctly.

@Deprived the quote you posted is not related to PGM as at that time Paladon was still the operator, not ThiefBoy. He was speaking about his own scam, ABM.

Yeah it looks like I got tricked in the first place.
Anyway, what he did is he took the cost of the asic and divided it by 1000 like if all shares were sold - and that's not the case. 573 shares were never sold (or as he says belonged to Paladon). As I see it these shares are irrelevant, and he should divide the cost of the "sold" ASIC by 463 NOT 1000. that would mean he has to pay 0.21something per share.


When you say shareholders, you mean shareholders, you can't i.e. issue 100 000 new shares and treat yourself as the major shareholder. This is ridiculous.

So that's how it's going to be, huh? Everybody is scamming, so I will scam you too! Awesome ethics dude.


So which one is it?

See you in the scam accusations https://bitcointalk.org/index.php?topic=129941.0

###Was "PsychoticBoy - PGM buyback scam"

Psychotic boy is/was (now closed) the current operator of PGM.

THE THREAD: https://bitcointalk.org/index.php?topic=78638.msg1388250#msg1388250
ORIGINAL PGM THREAD: https://bitcointalk.org/index.php?topic=97263.0

PGM IPO'd in August on GLBSE, selling each share for 0.25 BTC what at the time equaled ~2.75USD
371 shares were sold (not counting past and current operators), raising 92.75BTC or 1020USD.

Today shareholders decided to close PGM, PsychoticBoy was supposed to do a buyback.
Instead he paid only 0.11BTC a share (~1.45$), giving back only 538$ out of 1020$ or 40.81BTC out of 92.75BTC not counting the dividends when GLBSE was closed.

I ask for the other half of our money or a scammer tag for the thief.

His explanation is:
YET it is obvious that he kept half of the initial investments of his shareholders in his pocket.

Yet as you may or apparently may not notice these were shares bought in BTC, not USD. We gave you BITCOINS, not $.
And even when you count like that, the numbers don't add up.

At the time of the IPO 1BTC was worth about 11USD. http://bitcoincharts.com/charts/mtgoxUSD#rg150zczsg2012-08-01zeg2012-08-31ztgSzm1g10zm2g25zv
Each share was bought at 0.25BTC, which was about 2.75USD

371 shares (not counting yours) equaled 1020 USD YET you decided to give us back ~0.11 a share *13.2$ = 538$.

What exactly you don't understand? You stole more than half (counting dividiends) of what was given to you!

EDIT: actually not given, as you were supposed to be only the operator, as these were, and I quote "PGM SHARES! NO BOND!"

This is unacceptable.  IPO was 0.25, what happened with the rest of our money? Not only you stole more than half of the btc you owe, you also refuse to pay the dividends.

I demand you pay us the rest or else (sigh..) I will get you a nice scammer tag. What's wrong with you people?!

Do you have any way to check who votes or can one set up many accounts and manipulate the poll? What opinions did you got in response to your email?

So.. we are basically stuck with our shares, as the trading volume on bitfunder is non existent. Maybe at least we could  have a public poll on that?

What about PGM?

Did we get lucky along with the others last night?

@burnside
Regarding buyback - should I transfer the shares to you on btct.co? What is your username?

yay! He listened to my request!

@2Good
Nef posted the adress on the forums. Look up hist last posts.

Now when it looks like it is only matter of time when you get issuers data, which exchange did you choose to move to?
And are you going to merge paladon with abm, if yes, how?

aaaaaand it's down. The website is no longer online.

If you want to call him ask Bob or DeaDTerra for number.

he logged in today..

I got through all his posts..

https://bitcointalk.org/index.php?topic=75480.msg835856#msg835856

here https://bitcointalk.org/index.php?topic=88610.msg977179#msg977179
he tried to sell 30  preordered bfl singles for 18000$.

Unless he wasn't a scammer from the beginning, looks like the only thing stopping him from paying us back is not willing to do so.
If we manage to get his name, info, he may be prosecuted/investigated same as pirate40. He seems to be in USA same as pirate.


PS.
Remember how he said that he doesn't owe us anything, because "businesses sometimes fail"?
Look what he said about goat's ppt debt:

lol