Selling 17500 shares of GLBSE (actual shares)

[Yolocoin]

For the record, this is bullshit. You wanna trade fiat, go trade fiat.

Why trade fiat when there's a nice proven group of suckers here?

[Korbman]

For the record, this is bullshit. You wanna trade fiat, go trade fiat.

Why trade fiat when there's a nice proven group of suckers here?

+1

Seems that way sometimes...there seems to be a solid group of intelligent people here, but then they go and dump their savings into Pirate and expect magic 

[Jutarul]

Seems that way sometimes...there seems to be a solid group of intelligent people here, but then they go and dump their savings into Pirate and expect magic 

in reference to:
https://bitcointalk.org/index.php?topic=103708.msg1188128#msg1188128

[Korbman]

Seems that way sometimes...there seems to be a solid group of intelligent people here, but then they go and dump their savings into Pirate and expect magic 

in reference to:
https://bitcointalk.org/index.php?topic=103708.msg1188128#msg1188128

HAHA! I totally forgot about that thread...nice for a good laugh this afternoon

[capn noe]

Considering bids under 0.3 now?

[Martin666]

You still want 0.3...?
Maybe GLBSE does not exist anymore after the weekend ?!
Looking forward to Nefarios announcement...

[theymos]

Considering bids under 0.3 now?

Yes.

[BurtW]

Considering bids under 0.3 now?

Yes.

As a major stockholder can you at least tell us that you do know what is going on (Nefario has told you exactly what is going on)?

Not asking you to divulge what is going on, just to tell us you do know what it is.

[smickles]

Considering bids under 0.3 now?

Yes.

As a major stockholder can you at least tell us that you do know what is going on (Nefario has told you exactly what is going on)?

Not asking you to divulge what is going on, just to tell us you do know what it is.

I believe he already indicated that he found out about this via a thread on this forum.

[smickles]

https://bitcointalk.org/index.php?topic=115430.msg1244912#msg1244912

[BurtW]

https://bitcointalk.org/index.php?topic=115430.msg1244912#msg1244912

That was on October 04, 2012 at 03:36:00 PM.

Maybe (as a major stockholder) he has been able to have a little chat with Nefario since then?

[Jutarul]

The announcement strategy of Nefario is very irritating. Last topic was something about Yubi-Keys, so he may just refactor the site. However, this is a very unprofessional behavior. This provides a very low incentive to engage into business with the guy.

[theymos]

As a major stockholder can you at least tell us that you do know what is going on (Nefario has told you exactly what is going on)?

Not asking you to divulge what is going on, just to tell us you do know what it is.

I don't know what's going on. There is a shareholder meeting later today, and Nefario had better have a damn good excuse for doing this and keeping shareholders in the dark or he's unlikely to be CEO any longer.

[Shadow383]

As a major stockholder can you at least tell us that you do know what is going on (Nefario has told you exactly what is going on)?

Not asking you to divulge what is going on, just to tell us you do know what it is.

I don't know what's going on. There is a shareholder meeting later today, and Nefario had better have a damn good excuse for doing this and keeping shareholders in the dark or he's unlikely to be CEO any longer.

Important question:

Do you or any of the other shareholders have access to any of the backups of GLBSE's database?
In the event it gets shut down (by law enforcement or by anything else) we need some way to ensure that stocks can be migrated...

[rapeghost]

As a major stockholder can you at least tell us that you do know what is going on (Nefario has told you exactly what is going on)?

Not asking you to divulge what is going on, just to tell us you do know what it is.

I don't know what's going on. There is a shareholder meeting later today, and Nefario had better have a damn good excuse for doing this and keeping shareholders in the dark or he's unlikely to be CEO any longer.

Important question:

Do you or any of the other shareholders have access to any of the backups of GLBSE's database?
In the event it gets shut down (by law enforcement or by anything else) we need some way to ensure that stocks can be migrated...

Everything is backed up already.

[theymos]

Important question:

Do you or any of the other shareholders have access to any of the backups of GLBSE's database?
In the event it gets shut down (by law enforcement or by anything else) we need some way to ensure that stocks can be migrated...

The shareholders can work together (using Shamir's secret sharing) to access GLBSE's wallet, but I don't know if we have access to database backups. I never downloaded any database backups. And Nefario could disable all of this if ordered to do so by a court.

[HorseRider]

The shareholders can work together (using Shamir's secret sharing) to access GLBSE's wallet, but I don't know if we have access to database backups. I never downloaded any database backups. And Nefario could disable all of this if ordered to do so by a court.

Then what is the disaster backup plan? what's the difference between the suddenly death of Nefario and an order from the court preventing Nefario release the Database?

[BurtW]

Important question:

Do you or any of the other shareholders have access to any of the backups of GLBSE's database?
In the event it gets shut down (by law enforcement or by anything else) we need some way to ensure that stocks can be migrated...

The shareholders can work together (using Shamir's secret sharing) to access GLBSE's wallet, but I don't know if we have access to database backups. I never downloaded any database backups. And Nefario could disable all of this if ordered to do so by a court.

Wait just a cotton pickin minute here...

Someone besides Nefario has a copy of the database at all times, right?

If big brother is closing in this whole thing should be moving to a server in another jurisdiction automatically, right?

Hmmm...  Maybe that is what is happening right now (?)

[Shadow383]

Important question:

Do you or any of the other shareholders have access to any of the backups of GLBSE's database?
In the event it gets shut down (by law enforcement or by anything else) we need some way to ensure that stocks can be migrated...

The shareholders can work together (using Shamir's secret sharing) to access GLBSE's wallet, but I don't know if we have access to database backups. I never downloaded any database backups. And Nefario could disable all of this if ordered to do so by a court.

Please tell me someone besides Nefario has a copy of the database...
Please?

[repentance]

Important question:

Do you or any of the other shareholders have access to any of the backups of GLBSE's database?
In the event it gets shut down (by law enforcement or by anything else) we need some way to ensure that stocks can be migrated...

The shareholders can work together (using Shamir's secret sharing) to access GLBSE's wallet, but I don't know if we have access to database backups.

How have you guys not seen this as a potential major problem?

Having access to the database doesn't necessarily mean you'd be able to migrate stocks if GLBSE becomes legally restrained from doing business, but it's critical that someone other than Nefario be able to access the database in the event of a catastrophe and it's worrying that you guys don't seem to have planned for that possibility.  Have any of you taken legal advice regarding your own liability in respect of GLBSE?