Yeah that pretty much says it. LOL
Not necessarily. My understanding is that LLC members are the equivalent of shareholders - which means that in addition to being able to sell their interest under the terms of the LLC, they may be able to give them away or swap them. It's not
exactly the same thing, but remember that the Intersango guys got their interest in by swapping 250 Intersango shares for a combined interest of 25% in Bitcoinica LP. While pirate definitely seems like the type to take money wherever it can be found, the possibility exists that the "new owners" didn't buy GPUMax with cash.