The only bummer is that our shares are now going to be tied to the dollar. They aren't fluctuating anymore WITH bitcoin. If bitcoin does it's superman thing again and go X100, the non-virtual VTX shares we'll get won't also be worth X100. Consider them fiat, then, like shares in $AAPL. Only some dividends will be BTC. And how many dividends, we don't know.

No, they were not. Last div for AM on Havelock is 2013-12-11 (last week).

The thing is I am quite late. I was waiting for email from TAT or something that never come. I haven't even created my havelock account. How much money are we talking about (in dollar, or BTC)

Also, how do I check the number of TAT asicminer stock I have. I think i have 60-80 but I can't login to btco.co anymore.

Well, it's almost 6:00pm in Cyprus and we've had no update and no coins paid.  So I guess the obvious conclusion is that we should be patient for another week and assume that Danny and Ukyo continue to do their best and we should be thanking them for their efforts.

Friedcat pays dividends to the owners of ASICMiner shares. The operator of a Passthrough, in this case Ukyo, is the owner of the shares. Legally, FC should pay dividends to Ukyo. That Ukyo used the shares as backing for a PT is of no concern to friedcat.

Morally, however, friedcats decision to hold dividend payments is a good one, in my opinion. But owners of PT shares of any kind should use this as a demonstration why PTs add extra counterparty risk compared to direct shares.

That question has already been submitted to Friedcat by ThickAsThieves.  Personally, I'm quite interested to know the answer to this, as well.

Edit: I don't expect to receive an answer before the regular update on the 22nd or 23rd of the month.

How often do you get a shareholders list from Havelock?

Please whitelist this account for business use. I will follow up with a post from my main account, ThickAsThieves.

Thank you!

That's a rather... unique way of handling an IPO IPVO IPFO.  Are your other asset issuers treated the same way?  Neo & Bee, for instance?
Who's the dude doing the escrow?  Does he charge for his service?
Who is doing the financial audits, same dude?
Who gets the frequent flyer mileage from the Panama - Hungary flights?

Tat, I know you and I disagree here mate but you can't expect people to do or say nothing in this situation. You need to put yourself in the situation others are in. People aren't getting their money, that has all kinds of run on effects, there has been no explanation for some time now, etc. It's also very stressful for individuals.

Imagine you had most of your savings and shares with an entity and could no longer access them - for many weeks now. You had no information at all. What's more, you had commitments to other people based on those shares (since you deal in them!). Are you going to just be quiet? No way would you. You'd be on to your lawyer quick smart. Many people here are not clued up investors so are in an even worse position hence flailing from some quarters.

So yeah, it may not 'help' in terms of moving anything forwards which you know yet others are expected to trust, but it's absolutely inevitable. In those circumstances, I for one will take some grief in exchange for calming the nerves a little of some people.

Information vacuums are very bad things. No one likes to feel powerless.

Hi there,

My Bitfunder shares were auto-tendered to NEOBEE by Ukyo on Dec. 2 and I am wondering what the procedure is to have those shares transferred to my Havelock account. I can sign from my address. Please advise.

Thank you.

Yes but he is so tiring sometimes...but he is brilliant and talented

 

How quickly could direct shares be moved to Havelock?