Ascension, please give some updates.
There will be no update. Ascension already told he will return USD assets sometimes. Accordinding to the statement in the link below there are $59010.34 on his account.
59k divided by 50 million shares is $0.001 per share, or 0.000001BTC per share.
Currently we are awaiting the funds to be released from our merchant account and to be deposited into our bank account. Once the hold our bank account it lifted we will convert all USD assets to BTC and distribute according to our Bitfunder list.
Here is a link to our
Merchant Account Statement - April 2014.
So here was the last message by Ascension. He only says about USD, not a single word about bitcoins.
With the amount of demand you're getting you should really start buying in 100BTC quantities instead of 50. I'm just a naive customer though so you may have your reasons.
This number is just our buffer amount on hand and does not reflect our balances on our exchange accounts.
And here Ascension says they have accounts on some exchange. So they were selling bitcoins and buying the same amount on some exchange. About 1700 BTC he took from investors were circulated. So he says in September that they had bitcoin at some exchange.
BTCQuick stopped their business in November. They must have used some other exchange than MtGox, because MtGox was more expensive, and they must have used a cheaper place to buy bitcoins. So I don't believe Ascension lost all bitcoin in MtGox.
Now Ascension is gone, he didn't say a word about where bitcoins are. He only says about USD. I think he stole all 1700 bitcoins. He is a thug and should go to jail.
If you can sue him, then do it. If not, he will only return $0.001 per share. That is nothing.
