But hashing power isn't proportional to user base, is it?  Wouldn't the number of users be more important than the number of miners?  Otherwise, putting more hash power online would assure the rising value of BTC?

Times 1000 for per share? What are you on? Seriously, it looks like fun.

There is something like 50k shares of BTCMC, we have 1k.

600 / 50000 / 1000 = 0.000012 BTC per DMC share

Unfortunately, theres no way around that. Feel free to run for Congress to change that, though. My hands are otherwise completely tied.

Not cheaper. Right now, ASICMINER is worth around 1.1 BTC. Which makes, by raw assets, DMC worth 0.1 BTC per share. I am offering a 0.5 BTC credit if you convert to DMC 2.0 bonds when the time comes, or 5 times more. If you think I'm offering a bad deal either way, sell your DMC shares on the open market to someone doing choice A or B.

In 60 days, DMC will no longer be honoring shares that have not taken either choice A or choice B. There are several users who have NOT claimed their shares on BitFunder, in 60 days from this date if you have not claimed them and traded them for ASICMINER or been added to the list for conversion into DMC 2.0 bonds, they will no longer be valid.

Choice A: 11 shares of DMC for 1 share of ASICMINER, whole integer amounts only.
Friedcat hasn't put ASICMINER shares onto an exchange because of the passthrus, and I think everyone is tired of waiting.

If you intend to take advantage of this offer, use https://bitfunder.com/transactions and send a multiple of 11 DMC shares to Diablo-D3, and then PM on the forum and give me the email and Bitcoin address you want friedcat to use.

Choice B: Trade 1.0 shares in for 2.0 bonds
The exact wording for the bond has not been worked out yet, but the offer will be for a zero-coupon original issue discount 5 or 10 year callable bond, or in English, it will not pay dividends and will be sold for less than the face value and you will get paid back in 5 or 10 years unless they are paid back in full at an earlier time at the company's choosing.

The bonds will earn an equivalent of 15% APY, 20% APY if paid in BTC or DMC share trades.

15% APY for 5 years: $100 -> $201.14
15% APY for 10 years: $100 -> $404.56
20% APY for 5 years: $100 -> $248.83
20% APY for 10 years: $100 -> $619.17

Due to the massive fluctuation of BTC prices and the finer details of US Federal law, bonds will be denominated in USD. However, I will still accept payment for the bonds in BTC, and at the maturity date any bonds paid in BTC or DMC shares will be paid in BTC according to the market price of BTC on that date.

I will be offering a credit of 0.5 BTC per share of DMC towards a DMC 2.0 bond.

If you intend to take advantage of this offer, please PM me so I can add you to the list of people who are interested. If, at any time in the future you wish to take choice A instead, even after the 60 day period, you may do so.

I will be offering a credit of 0.5 BTC per share of DMC towards a DMC 2.0 bond.