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Author Topic: [BitFunder] IceDrill.ASIC IPO (235 Thash Mining Operation powered by HashFast)  (Read 378615 times)
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August 11, 2013, 09:10:44 PM
 #201

No grease.  No kiss.  No cabfare. Cheesy
Stuartuk
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August 11, 2013, 09:12:45 PM
 #202

These will go to the bulk purchase individuals.
//DeadTerra

lol so the 'private investors' haven't actually taken their shares yet? What kind of amateurs would pay for but not insist they took receipt of the shares straight away??? Do these people actually exist?

Or are they 'promising' to pay for the shares at some future date provided the exchange price exceeds a certain level? If that is so you are screwing over your legitimate share-holders. Screwing them over.
moribana
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August 11, 2013, 09:20:05 PM
 #203


In terms of investment process in the traditional sense, I would highly recommend everyone to read this on wiki to learn more about private equity investments.

http://en.wikipedia.org/wiki/Private_equity


The first sentence of the above wiki page reads

"In finance, private equity is an asset class consisting of equity securities and debt in operating companies that are not publicly traded on a stock exchange."

Which means that it has nothing to do with icedrill since it was announced to trade on bitfunder, i.e. publicly.  However, a wiki page much more relevant to this story is

http://en.wikipedia.org/wiki/Fraud

and you could greatly benefit from reading it.
ArcticWolf
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August 11, 2013, 09:21:14 PM
 #204

This entire IPO boggles my mind. Good luck everyone.

https://www.crypto-trade.com/ref/arcticwolf Try CryptoTrade.com, a new exchange for trading Currencies and Securities
somestranger
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August 11, 2013, 09:25:20 PM
 #205

Wow this IPO just keeps getting shadier. More shares, with perks, sold to mysterious "private investors"  than on Bitfunder... why even list the company at all? Seems like a convenient way to rip off the shareholders to me.
VolanicEruptor
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August 11, 2013, 09:26:46 PM
 #206

He seems to have Donald Trump and Madonna knocking on his door wanting to buy shares!  Incredible!

DT needs to be locked away. 

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August 11, 2013, 09:31:35 PM
 #207

so this is what the 1920s was like except with instant world wide transfers and 24 hour exchanges? ok

fun
moribana
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August 11, 2013, 09:39:46 PM
 #208

Batch one has been sold out.
Batch two has been put up for sale.

//DeaDTerra

I expected this.  It was pretty clear to me it would be sold out since DeaDTerra was very calm about not putting the shares on https://btct.co/‎ since it would take too much time.  This meant he knew the shares would be bought out.  Otherwise, he would have put it on btct.co to get more investors on board.

He is actually trying to put the shares there as well.
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August 11, 2013, 09:41:08 PM
 #209

Trendon shavers 2.0; SEC will be busy

ok
Tamis
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August 11, 2013, 09:42:58 PM
 #210

I'm amazed to see that DT acts as if there were no problems...
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August 11, 2013, 09:44:46 PM
 #211

I'm amazed to see that DT acts as if there were no problems...

This legal fiction is the reason DT acts as if there were no problems

Quote from: DT
DigiMex, a British Virgin Islands company (BVI Company Number: 1784369), is deploying a large-scale Bitcoin mine named IceDrill. The company is hereby releasing a asset (symbol: IceDrill.ASIC) for shares in the profits of the IceDrill mine.

Stuartuk
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August 11, 2013, 09:45:06 PM
 #212

Batch one has been sold out.
Batch two has been put up for sale.

//DeaDTerra

This is hilarious, it makes the admittedly eventful ActiveMining IPO (which was re-structured with full shareholder consultation and support to a much better deal) look like a slick, professionally handled launch.

This is exactly what the term 'cluster-fuck' was coined for!  

Sorry MiceBreaker but you will need more than your over-exuberant optimism to get you out of this one without taking a big big hit.
LOL seems quite appropriate here.  Cheesy
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August 11, 2013, 09:47:11 PM
 #213

It is funny to me 2/3rds of this thing was bought by private investors... 10,000 coins given by people who crunched the numbers and decided the worst deal was the best deal.
DeaDTerra (OP)
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August 11, 2013, 09:49:13 PM
 #214

Please be patient.
We have not diluted any shares, we have not made any changes to the contract or the IPO.
We will answer your questions as soon as we can with an FAQ
//DeaDTerra
moribana
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August 11, 2013, 09:50:10 PM
 #215

I'm amazed to see that DT acts as if there were no problems...

This legal fiction is the reason DT acts as if there were no problems

Quote from: DT
DigiMex, a British Virgin Islands company (BVI Company Number: 1784369), is deploying a large-scale Bitcoin mine named IceDrill. The company is hereby releasing a asset (symbol: IceDrill.ASIC) for shares in the profits of the IceDrill mine.



Apparently there is no problem. Lots of shares sold (even without the private investors) and most of the people still believe that it is fine. Otherwise they would try to sell their shares. So from DT's point of view this is an absolute success story.
stslimited
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August 11, 2013, 09:50:42 PM
 #216

It is funny to me 2/3rds of this thing was bought by private investors... 10,000 coins given by people who crunched the numbers and decided the worst deal was the best deal.

I'm pretty sure its funnier that this outcome was predicted after the first private investor was announced
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August 11, 2013, 09:51:48 PM
 #217

Batch one has been sold out.
Batch two has been put up for sale.

//DeaDTerra

makes the ActiveMining IPO look like a slick, professionally handled launch.


this might go in my signature
Stuartuk
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August 11, 2013, 09:52:04 PM
 #218

Sorry to say this Stuartuk and I hope you don't take this the wrong way, but you are the amateur. Tongue  Most big deals are done behind the scenes where the big players don't even need to touch the computer to make a deal.  These big players can make things move with the power of their voice.

lol - you need to get back to your Wall Street DVD. Funniest thing I've read all day on here. So they are buying MiceKiller shares via their NY dealer from the back of their yacht in the Med?? Yes I'm sure you are quite right!

WHERE do these people come from - I have to say some of them are going to get some major life experiences from these IPO 'cluster-fucks'. A learning lesson for many. Hopefully most are still young (they sound like it) and will be able to work off their losses before they meet a nice girl and settle down.


Stuartuk
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August 11, 2013, 09:54:15 PM
 #219

I am not sure, but I think it's because he signed an NDA.

That's right - he signed a NDA with the SEC.

 Cheesy

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August 11, 2013, 10:03:19 PM
 #220

It is funny to me 2/3rds of this thing was bought by private investors... 10,000 coins given by people who crunched the numbers and decided the worst deal was the best deal.

I'm pretty sure its funnier that this outcome was predicted after the first private investor was announced

The whale wanted exactly the number of shares needed to clean the plate, and happened to do it at the last minute. What an amazing coincidence.
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