That makes absolutely ZERO sense.

If you're willing to send the money to Bitcoin Foundation if they sign the message with their BTC address, then why can't they just do that and then you send THEM the bitcoins?  That's totally and utterly inconsistent.

I'd much rather see my money to go the Bitcoin foundation.

Stop trying to place blame on GLBSE, its your negligence and by taking the legal route you are just making things worse for yourself, if you have to spend 1000s on legal fees and hours in court then thats what's going to happen.

As someone else stated you could have worked this out partially on a case by case basis, I'm.sure you know people who you can resolve with without lawyer intervention

EDIT: you state that you cannot verifiy the list nefario gave you, so can I ask why you placed trust in him and his platform to host your contract and all of a sudden decide not to trust him? Again this is your negligence.

hurt the operator

Did he not already default on payments?

Or him pooling up profits is ok with everyone and changing terms to get it legit?

Bankrupt his operation and make it hurt his wallet instead of yours.

To the bitcoin community:

We are all in the very unenviable position of riding in the wake of the aftermath of James McCarthy. I have been placed in a very bad spot in this wake, and my only goal is to protect and serve Gigaminers as I have over the last half year.

I would like to point out that I am the only asset issuer on GLBSE, as far as I am aware, who is trying to move forward and abide by all the laws of local, state, federal and international law. I am the only asset issuer, as far as I am aware, to hire legal counsel and to send via certified mail, a demand letter to James McCarthy after multiple unanswered emails and phone calls. I am fairly confident that the asset lists only started arriving once the letter was received.

Further more, how exactly would you like me to handle situations where claims are made against gigamining that are not in the list provided from GLBSE? Should I and all Gigaminers just keep trusting nefario? This is the exact reason to have a claims process in the first place. Nefario is withholding information for a mistake he made, Gigaminers should not have to suffer because of Nefario's mistakes any longer.

I have received claims for over 10% of Gigamining that are NOT on the lists given to me by GLBSE. This is a significant percentage and it warrants the claims process.

Finally, what should happen if I pay the wrong individual a large amount of the held coins? Guess what, I'm still on the hook according to the law. It is only right to protect the interests of all Gigaminers by making sure I have legal recourse should such a situation occur.

I hope it is clear that I am only trying to clean up and move forward from the situation at hand.

Best regards,
James

Question for giga: people contacted by you via email was on the Nefario's list, or you have some other sources?

Question to everyone: How can revealing of identity prove you are rightful shareholder, if giga doesn't have trustworthy source to compare with (if we consider Nefarios list untrustworthy)?

This begs the question:

If the list given by Nefario to Giga is false, how is a lawyer going to fix this? It's not like the lawyer has the true list and we have to prove ourselves to him first.

I am yet to understand why somebody being able to prove they own the private key associated with the account isnt good enough proof of ownership. What does all the other detail you demand have over this? I didnt register any of the information with GLBSE, so what are you trying to do here? i think thats pretty clear, grab yourself minimum 6 TH/s unit from BFL off the mini rigs we all paid for.

To the bitcoin community:

We are all in the very unenviable position of riding in the wake of the aftermath of James McCarthy. I have been placed in a very bad spot in this wake, and my only goal is to protect and serve Gigaminers as I have over the last half year.

I would like to point out that I am the only asset issuer on GLBSE, as far as I am aware, who is trying to move forward and abide by all the laws of local, state, federal and international law. I am the only asset issuer, as far as I am aware, to hire legal counsel and to send via certified mail, a demand letter to James McCarthy after multiple unanswered emails and phone calls. I am fairly confident that the asset lists only started arriving once the letter was received.

Further more, how exactly would you like me to handle situations where claims are made against gigamining that are not in the list provided from GLBSE? Should I and all Gigaminers just keep trusting nefario? This is the exact reason to have a claims process in the first place. Nefario is withholding information for a mistake he made, Gigaminers should not have to suffer because of Nefario's mistakes any longer.

I have received claims for over 10% of Gigamining that are NOT on the lists given to me by GLBSE. This is a significant percentage and it warrants the claims process.

Finally, what should happen if I pay the wrong individual a large amount of the held coins? Guess what, I'm still on the hook according to the law. It is only right to protect the interests of all Gigaminers by making sure I have legal recourse should such a situation occur.

I hope it is clear that I am only trying to clean up and move forward from the situation at hand.

Best regards,
James

I've decided that gigavps will not get a scammer tag for this. Nefario has proven himself to be untrustworthy, so it would be unreasonable for gigavps to pay out large sums of money based entirely on Nefario's list. Requiring affidavits and proofs of identity are reasonable precautions. It's impossible to strictly follow the contract in a safe way.

Do not the two emails I've received from him already confirm that I am on the list?

Hopefully I'm not putting words in gigavps's mouth here.

Quick questions to clarify the steps, also sent to the lawyer's email address:

I can not find a record of the address used in the claim process as I didn't create a new address specifically for that purpose, but know it was one of several. Will providing several possible addresses invalidate the claim?


As a person and not an entity, I have no Tax ID number. What should I provide in this situation?


Is this "beneficial assignment of the agreement" meaning that it benefits me as a claim holder, or that it was a mutually beneficial arrangement for both parties?

Additional question: are the answers to this meant to be part of the notarized affidavit, or additional forms filed at the same time?

RE: the LLC - if I was in his position I'd do the same thing and protect my livelihood and my personal assets.

Hey Giga,

now that you have the list, where my email should appear, together with my BC adress, I kindly ask you to confirm this to the registered email and pay my weekly dividends to the BC adress from now on.
I will definetely not jump through your hoops since none of this was originally part of our contract.
If you or your attorney fail to confirm my email adress and send the owing BC back, or contact me in any other way personally to talk through this, until 30th of November, I will have my lawyer taking criminal charges against you.
We are not playing games here. We had a contract, everybody gave you time since obviously you didnt have the information needed to fulfill it. Now that you have the information, its your turn to fulfill your obligations. Not ours to do whatever you think is necessary and was not at all mentioned in the original contract.

lol this is crazy, and Can someone please explain me how to achieve this

I live in Europe in a non English-speaking country... Other points are somehow acceptable but this - I just don't get it 

1. Are going to pay the same dividends every week? Or are you going to buy back the shares? If so what would be the buyback price?

2. If You continue mining operation, are you considering to use any third party trading platform to establish market of Gigamining shares?

3. What about Teramining? (You can't just simply skip this part of so called "assignable agreement")

The only thing I'm unsure about is how to notorize an email response.

I can send that question to your lawyer if I must.

Just curious, do you have to pay the legal fees if I ask questions to them?

To the bitcoin/gigamining community:

Virtual Processing Solutions, LLC (hereinafter VPS) has entered into a number of assignable agreements (sometimes known as “gigamining”), whereby, among its other provisions, in exchange for financial consideration, VPS agreed to conduct electronic data processing services and provide some portion of the outcome of this processing in the form of “bitcoins” to the current beneficial assignees of these agreements.  

These agreements were offered and subsequently traded on www.glbse.com.  As you may be aware, www.glbse.com has suspended normal operations.  It is the intention of VPS to comply with its obligations pursuant to these agreements to the extent consistent with U.S., international, and local law.  While VPS is not aware of any current regulatory action involving www.glbse.com or itself, it is clear that trade in “bitcoins” is attracting increased regulatory and taxation scrutiny.  Accordingly, VPS has retained the Law Offices of Carlos M. Fleites, to resolve such outstanding agreements in a lawful manner.

If you believe you are the beneficial assignee of such an agreement, you are requested to contact the Law Offices of Carlos M. Fleites in writing at the below listed e-mail or physical address to provide the following information:

• The bitcoin payment address associated with your glbse.com claim
• Name of the person or entity claiming beneficial assignment of the agreement,
• The physical address of the person or entity (no Post Office boxes or mail suites),
• The tax identification number of the person or entity claiming beneficial assignment,
• For real persons: a photocopy or scanned PDF of government issued photo identification, or, for corporations the document number and issuing jurisdiction of the incorporating charter and proof of current good standing.
• An affidavit attesting to the beneficial assignment of the agreement, which has been notarized (US residents/corporations) or local equivalent bearing the apostille of the competent jurisdiction.  Copies of an acceptable affidavit can be obtained upon request from the law offices.

All information provided will be held in confidence and used only for the purposes of lawfully fulfilling the obligations of the agreements and not shared with outside parties except as required by law.  If you have any questions or concerns, please address these to the law offices at the following e-mail or mailing address.

qpage@mylawyr.com

or

Law Offices of Carlos M. Fleites, ATTN: Quentin A. Page
407 Lincoln Road, Suite 12-E
Miami Beach, FL 33139
USA

Finally, since no unique identification exists for outstanding agreements, ALL CURRENT BENEFICIAL ASSIGNEES ARE STRONGLY ADVISED NOT TO ENGAGE IN ANY TRANSFER, SALE, OR ASSIGNMENT OF THESE AGREEMENTS OUTSIDE OF GLBSE, AS IT MAY RENDER IT IMPOSSIBLE TO VERIFY AND SERVICE SUCH AGREEMENTS.

Thank you for your prompt attention in this matter.

Can you please share a simple guideline for people to get back their funds, that is also working for non-tech savy folks like me :-)
thanks

I think it went great!

How many shares have given to you by Nefario? what is the % of the total share number?

Please tell us we can change our BTC withdrawal address if we wish. I no longer have the keys to the deposit address I had on file.