Any news regarding reimbursement for long term shareholders who purchased shares above 0.0005 before the 28th?
Yes, please see below:
Quote from: kslaughter on June 02, 2013, 10:18:34 PM
Now that our First Batch of Early Adopter shares has sold out we are waiting for the Avalon machines to come in and start producing revenue. We will then start paying dividends to our Investors after the first week of mining with the Avalon's. Due to the fact that shares were selling with good demand at the .0008 price level, before Ukto of Bitfunder.Com forced us to reduce the price to a bargain level, we will only be releasing shares in batch 2 at no less than .0008 BTC.
Also, we are implementing our Investors Protection Program (IPP) for those Investors who purchased shares higher than .0005 after May 28, 2013 04:59 CDT and on or before May 31, 2013 14:59 CDT. IPP will reimburse our Long Term Investors the difference between the price they purchased their shares at, and the price of our shares on August 31, 2013 at 00:01 CDT or .0005 whichever is higher, only if the share price is below .0008 BTC on August 31, 2013 at 00:01 CDT. The Investor must still own the shares to be reimbursed. This program is being implemented due to Bitfunder.Com forcing us to price our shares at .0005, without due cause. Of course we will strive in the coming months to raise the share price and add shareholder value to the shares our Investors hold.
Update:
The group after May 28, 2013 04:59 CDT and before May 31, 15:59 CDT are add to the above group.
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