ASICMINER fixed price auction

[luffy]

yes, now i understand: 1share=1satoshi
but plz tell me, was this the initial share's value?

plz ignore my stupid question, total 200.000 shares is impossible to had that value

[VeeMiner]

yes, now i understand: 1share=1satoshi
but plz tell me, was this the initial share's value?

plz ignore my stupid question, total 200.000 shares is impossible to had that value

initial IPO value was 0.1 BTC, now it's sold for 0.6 BTC and more

[🏰 TradeFortress 🏰]

quick update:

Bidders who got reported with the first batch (https://bitcointalk.org/index.php?topic=148198.msg1583680#msg1583680), please check your satoshi-type confirmation of your share holdings and that the amount of dividend you received is correct. The transaction is still not confirmed (most likely due to missing fees), so treat with care.

I also expect all remaining payments to come in today, so I can create the second report. At that time I'll also create a dividend transaction for the second batch, since the report didn't make it into this weeks dividend payment, in case you were wondering about the dividend...

Cool, thanks!

[🏰 TradeFortress 🏰]

Curious to know when you will forward the dividend payments?

[dadj]

Hi Jutarul

I am bidding on 60 shares if you still have them available. I just transferred 30 btc to your address 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2

This is my address I sent from:
https://blockchain.info/address/1FgJyNWcFggJ1qqyHpmTMiw6BdoxF4avwU

tx id is https://blockchain.info/tx/ada18bc540b7213a64f028c2f87dd01183c01ba38c48774b9d2f5bef902b8f18

I am sorry. But I still have other bids in reserve. I've put you at the end of the list for 60 shares, but most likely I have to refund you.

Ok thanks,
In case of refund please send to the address from whence it came 1FgJyNWcFggJ1qqyHpmTMiw6BdoxF4avwU

[Jutarul]

Curious to know when you will forward the dividend payments?

When I will create the second report. Because then the addresses are final.

I am still waiting for a user to respond for a bid over 20 shares. If he didn't respond till this evening, I am going to offer the 20 shares to the next one and so on...

[luffy]

i am willing to buy them in order for 2nd report to be sent immediatelly

[Jutarul]

i am willing to buy them in order for 2nd report to be sent immediatelly

Working my way through the bidder list. I've put you at the end. There're two in front of you who can claim them if they finalize the payment.

[romantic1]

quick update:

Bidders who got reported with the first batch (https://bitcointalk.org/index.php?topic=148198.msg1583680#msg1583680), please check your satoshi-type confirmation of your share holdings and that the amount of dividend you received is correct. The transaction is still not confirmed (most likely due to missing fees), so treat with care.

I also expect all remaining payments to come in today, so I can create the second report. At that time I'll also create a dividend transaction for the second batch, since the report didn't make it into this weeks dividend payment, in case you were wondering about the dividend...

I received 0.1916298 btc for my 10 shares ! Is that correct ? Sorry if this is a stupid question !

[Jutarul]

I received 0.1916298 btc for my 10 shares ! Is that correct ? Sorry if this is a stupid question !

yes

[Jutarul]

The second update has been sent to friedcat. Below is a blanked out version of the report. The full report also included the forum name, optionally an email address and the transaction ID which was associated with the transfer. The report was signed with the key 1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2

I recommend that shareholders observe the next planned dividend payment (no date given yet) and check it thoroughly. I also sent out the first weeks dividend to all the shareholders included in the second report.

If you really must validate the transfer with friedcat before the next dividend payment, please wait until he had a chance to go through the changes (e.g. 2 days). Here's a template of a validation request, to make it easier for friedcat to respond to particular queries:
----
Dear friedcat,

I am the owner of BTC address XXX.
Please confirm that XXX shares are associated with my account.

Thank you,
XXX
----

Code:

FORUM USER ID,SHARES,BITCOIN ADDRESS,DATE
Jutarul,-513,1KbAD8KU1u6uw6nHSJEYpdZfgQbNbTAkH2,"March 1, 2013 10:12 PM"
x,100,1Bgu2w4vBTXDDkpWkjAeomVnRRYASnCaJV,"March 2, 2013 3:17 AM"
x,100,1GLadosEkeAsLReqS3yQ51E1R3wVtbJCDF,"March 2, 2013 11:28 AM"
x,20,1FTm5GFAuxx8aGJRLZsdm7Somuvebi5iPC,"March 2, 2013 7:37 PM"
x,10,1FyN1B9z1b1aH5uVWjJ8LiYiPxkby2zyhT,"March 2, 2013 7:53 PM"
x,97,1zAtQR4GtGMuvduBhL26o1QgG5iQoSXoD,"March 2, 2013 10:10 PM"
x,20,1zmBSVN7NMysyJbStUC9MDisNegw6SQ7J,"March 2, 2013 10:35 PM"
x,25,14ttMfdotkY9w7UuXw6qUZUutHfQgCE3U9,"March 2, 2013 11:33 PM"
x,25,1CCSaG4o5PYMeqvH6D74Fksf9UfLmFVo59,"March 3, 2013 5:21 AM"
x,40,1NoiNW24PWUC4gMsvUYHZXdc7fNFLLwgwd,"March 3, 2013 10:06 PM"
x,40,1Kv8SVYdiNAFuMAF7mY8AGeDaih9WBA2Kw,"March 2, 2013 5:51 AM"
x,16,14UbWFC3aafN2CF1Pt4wutop3EfJR8XQRh,"March 5, 2013 7:37 AM"
x,20,1QG8GmifwT3H9tkFJrCvxhfdn5kNqNt4vM,"March 06, 2013, 06:48:43 AM"

[Jutarul]

I want to thank all participants and wish a fruit full investment. I apologize for all some of the confusing which was caused by the adhoc style of this auction.

This auction is now officially closed.

[luffy]

thanks Jutarul,
i have received the dividend from second report today!
i am always happy to see people with such profesionalism in the BTC world.
i wish this forum had a ranking system for such cases!

[Jutarul]

I had a few people asking a question similar to this:
Now that you've sold you're shares, is there a reason why you left the ASICMiner project?

First, I want to mention that I didn't leave the ASICMINER project at all. I am still a major stake holder of the company and have a great interest in it prospering. The auction was a way for me to sell 20% equity at a 5x profit to reduce the initial investment risk to zero, basically breaking even with the development risk. However I am still fully exposed to operational risk and benefits like every other shareholder.

[Jutarul]

Someone found an error in my post about:
"I also sent out the first weeks dividend to all the shareholders included in the second report."

In fact it was the second weeks dividend which I payed to the shareholders. The first weeks dividend was payed before the auction even started.

[Franktank]

Did you want to sell those 25 shares of ASICMiner? For 0.625/share?

[rudrigorc2]

Still have some?

[Jutarul]

Still have some?

Sorry. This auction is closed and I am not selling anymore.