Seems like it was my fault,
I am going through my logs and seems like the withdraw was actually never submitted lol xD
my bad!
//DeaDTerra

MPEX has yet to process my withdraw, after 8 hours of waiting still nothing
I am sorry guys, once MPEX pays out I will send it to the exchanges and pay it out asap.
//DeaDTerra

Dividend is on it's way
I am currently sending over the Bitcoins from MPEX to the different exchanges.
The dividend will be 12579 Satoshi per share, for a total off 178.49 BTC
//DeaDTerra

While I would like to divide the shares, I think it's too much work which will go in to it and I know that several investors. Invested in the fund as they didn't want to deal with exchanges and assets themself,
Hence I think it's best if we do as we have previously done and sell the shares and payout the bitcoins made.
Then each person can decide what to do with this payment, if you think ASICMINER is a good investment, then you can buy the shares on BitFunder
I am thinking of putting up all the shares at 0.7 BTC,
What do you guys think?
This will enable me to pay out about 50% more of the total fund amount, which will bring us up to 70%.
//DeaDTerra

The problem is this only works in a perfect world, it will be to much fractions to this to end up being fair.
Hence I am not sure how to distribute them perfectly so that people feel they are being treated fair.
//DeaDTerra
Hello
The payouts are proportional to your part of the fund.
//DeaDTerra

I don't have much time at the moment, so a more proper answer will be given later today.
No I am not getting a direct profit from this PT,
It's a favor to Jon (BF owner) for helping me out in the past.
We discussed a potential payment from Jon, in the case where the PT trades larger volumes,
Other then that I am doing it for free.

I have talked to Friedcat, he's aware of what I am doing and what my intention are.
He has said that he has no problem with the PT as long as he only has responsibility to the direct share holders aka Me,
And I then in return have a responsibility to the indirect share holders aka any share holder or G.ASICMINER-PT.

The shares are indeed transferred over to me and then a equal amount of shares are created and sent to that person.
So I have not sold any of GBF shares, nor any of my own.
It's simply a pass through to enable people to sell and buy shares.
//DeaDTerra

I am happy to bring you, the BitFunder/Gamma ASICMINER Pass Through

Shares:
Each 1 share of G.ASICMINER-PT represents 1 share of ASICMINER maintained and verified by either “Friedcat” or any officially designated exchange.

Dividends
Each G.ASICMINER-PT share has the right to 100% of the dividends of 1 ASICMINER share.
The amount of the dividend is defined as amount distributed by “Friedcat” and/or any officially designated exchange.

Dividends will be paid within 48 hours of a payment from ASICMINER.

Voting Rights
Any public votes presented by ASICMINER to all shareholders of ASICMINER may be voted on BitFunder towards a single decision by the G.ASICMINGER-PT shareholder account.

Deposit shares:
Until an officially designated exchange is online, you will need to send “Friedcat” a message and ask him to transfer your shares to the BitFunder G.ASICMINER-PT asset. You will also need to send us a msg stating the number of shares, and the address they are being transferred from.
Once “Friedcat” confirms the transaction we will transfer the G.ASICMINER-PT shares to your BitFunder account.
There is no fee to import shares.

Withdraw shares:
To withdraw shares of ASICMINER you will need at least 250 shares.
There is no fee for this service.
Shares will be transferable to an account on any officially designated exchange of ASICMINER.

Supplemental dividend plan:
“Friedcat” has confirmed that once the passthrough reaches 5,000 shares it will receive a board member seat. The current ASICMINER plan is that each board member will receive a trial ASICMINER mining board. If the passthrough receives this board, 95% of the mining income will be paid out to the shareholders of G.ASICMINER-PT as an additional dividend payment. Additional dividend disbursement will be no more longer than every ASICMINER dividend disbursement. At the discretion of the G.ASICMINER-PT issuer, these extra dividends may be distributed sooner.

Link to asset:
https://bitfunder.com/asset/G.ASICMINER-PT

Link to original AM thread:
https://bitcointalk.org/index.php?topic=99497.0


Instructions how to deposit/withdraw shares
Deposit:
1 Send Friedcat and DeaDTerra a pm with the following info.
Amount of shares:
From account email (the email your have registered with FriedCat):
From Bitcoin address (the Bitcoin address you have registered with Friedcat):
Bitfunder account name:
Please send these shares to g.asicminer.pt@gmail.com

2 Wait for Friedcat to confirm the transaction.
3 Wait for DeaDTerra to transfer the shares to your account, if I do not then poke me.

Withdraw:
1 Send DeaDTerra a pm with the following info.
Amount of shares:
To account email (the email your want to registered with FriedCat):
To Bitcoin address (the Bitcoin address you want to registered with Friedcat):
2 Send DeaDTerra the shares you want to withdraw (BF name: DeaDTerra)
3 Wait for Friedcat to complete the transfer.

If you have any questions or comments I am happy answer them
Best Regards
//DeaDTerra

Ah okay,
I will make sure to wait as long as possible ^^
//DeaDTerra

To answer everyone's questions.
I would not take all the profit if we end up getting back more then 100% (I highly doubt it).
I would take the 5% originally agreed to.
I am not looking to hold ASICMINER for a longer period of time, I am looking to sell them once I think the time is right.
What are you guys attitude towards selling the shares?
Would you like to see a sale, if so how many of the shares and at what price?
As for the GIGAMINING claim, I have talked to James and I am looking to submit the claim sometime next week.
//DeaDTerra

Sure I am up for it
Sounds awesome.
//DeaDTerra

I am now back from my holiday
I am working my way through the back log of work, I should be up to scratch in a couple of hours!
//DeaDTerra

At the moment it's wishful thinking, but it's possible that it might become a reality down the road
//DeaDTerra

I am currently on a open free Wifi and I am not on my normal desktop.
So I can't check the wallet at this moment
I will update you guys once I get back on Sunday, but it should be 100 BTC+
I think that with ASICMINER going so well it's possible that over time we might be able to payback 100% of the balances.
//DeaDTerra

Thank you!
Yea I know
I just hope there's no riot or anything xD
//DeaDTerra

Hello!
I will be going away on holiday to Italy,
From Sunday the 24th to Sunday the 3rd.
My internet access will be limited and hence it might take a while for me to answer your pms,posts and emails.
Hence be patient with me,
the best way to contact me is through email at terragubben@gmail.com
I will not be updating the ask walls during this time and any dividend might be a bit delayed,
I have placed some final ask walls and I have balanced the books so that even if all of the asks sell all shares will be backed 1:1.
Best Regards
//DeaDTerra

Hello!
I will be going away on holiday to Italy,
From Sunday the 24th to Sunday the 3rd.
My internet access will be limited and hence it might take a while for me to answer your pms,posts and emails.
Hence be patient with me,
the best way to contact me is through email at terragubben@gmail.com
I will not be updating the ask walls during this time and any dividend might be a bit delayed,
I have placed some final ask walls and I have balanced the books so that even if all of the asks sell all shares will be backed 1:1.
Best Regards
//DeaDTerra

Hello!
I will be going away on holiday to Italy,
From Sunday the 24th to Sunday the 3rd.
My internet access will be limited and hence it might take a while for me to answer your pms,posts and emails.
Hence be patient with me,
the best way to contact me is through email at terragubben@gmail.com
I will not be updating the ask walls during this time and any dividend might be a bit delayed,
I have placed some final ask walls and I have balanced the books so that even if all of the asks sell all shares will be backed 1:1.
Best Regards
//DeaDTerra

Hello!
I will be going away on holiday to Italy,
From Sunday the 24th to Sunday the 3rd.
My internet access will be limited and hence it might take a while for me to answer your pms,posts and emails.
Hence be patient with me,
the best way to contact me is through email at terragubben@gmail.com
Best Regards
//DeaDTerra

I have purchased about 200k XRP so far, still looking for about 300k XRP.
Pm me if your interested
//DeaDTerra

Still looking to buy XRP ^^
//DeaDTerra