Group buy AsicMiner Shares

[bitcoinmaxe]

Over there https://bitcointalk.org/index.php?topic=210933.0 they sell 2800 Asicminer shares. After having been a reader here for several month, this gave me reason to sign up.
And after a couple of newbie burps I thought I might as well use the time for something a little more meaningful:

The minimum quantity is 25 shares. I´d like to buy three! So I need some others interested to get up to 25.
And we need to find an escrow. I saw John K. as escrow in a lot of other auctions, so once we have some people together, I will get in contact with him.


bitcoinmaxe 3

[frontbit]

I'm in for 2 or probably 3 of them depends on the price. thanks.

[Caser]

Note that these are PT shares on Bitfunder that are being sold OTC by the owner of the shares for close to their current value on Bitfunder. At a guess he's doing this because the exchange can't support the sale. The upshot is that you may as well buy now on Bitfunder if you can since there is minimal price advantage to buying them OTC (and that there'll be another dividend payment soon). Prices are somewhat higher on btct.co but as you can see there's no way to transfer the shares to this exchange to take advantage of the difference.

[frontbit]

This might be a newbie question. well I posted this on newbie forum so I think that's ok  . What is the difference between direct sale and PT share? Thanks.

[Caser]

This might be a newbie question. well I posted this on newbie forum so I think that's ok  . What is the difference between direct sale and PT share? Thanks.

From the G.ASICMINER.PT security description

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.

Basically when you own a PT share you own an analog of a direct share that is owned by someone else. The dividends from the direct share are passed-through to the owner of the past-through share.

[ning]

This might be a newbie question. well I posted this on newbie forum so I think that's ok  . What is the difference between direct sale and PT share? Thanks.

PT shares are usually purchased from a market, and it's easier to buy and sell PT shares. In terms of dividend, PT shares should be equivalent to shares purchased directly from AM.

[frontbit]

thanks for the answer guys.

Ok now I understand how PT shares are bought/sold and the ownership about this shares.

I still have a question though, if bought/sold directly how will the ownership be transfered then? does the seller need to inform AM and AM will then transfer the ownership? and what is the proof of ownership of these shares?

Thanks.

[dimomit]

Sorry for stupid questions, but I'm new... Should I have some kind of wallet for these shares? Where they will go when I buy them? How can I proof that I own them?

[AbiTxGroup]

Sorry for stupid questions, but I'm new... Should I have some kind of wallet for these shares? Where they will go when I buy them? How can I proof that I own them?

I for one am glad that you asked these questions. 

I have followed a little of the ASICMiner posts but I have a lot going on a miss a lot of the info posted and still seem lost. 

I will follow this thread and hopefully learn something from it.

Also, Thanks to those taking the time to answer the questions.

[kodo]

Sorry for stupid questions, but I'm new... Should I have some kind of wallet for these shares? Where they will go when I buy them? How can I proof that I own them?

I for one am glad that you asked these questions. 

I have followed a little of the ASICMiner posts but I have a lot going on a miss a lot of the info posted and still seem lost. 

I will follow this thread and hopefully learn something from it.

Also, Thanks to those taking the time to answer the questions.

Asics a scam bro, dont trust em

[dimomit]

Sorry for stupid questions, but I'm new... Should I have some kind of wallet for these shares? Where they will go when I buy them? How can I proof that I own them?

I for one am glad that you asked these questions. 

I have followed a little of the ASICMiner posts but I have a lot going on a miss a lot of the info posted and still seem lost. 

I will follow this thread and hopefully learn something from it.

Also, Thanks to those taking the time to answer the questions.

Asics a scam bro, dont trust em

This is not an answer at all!