creativex
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September 27, 2013, 09:50:51 PM |
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THERE IS NO CLOSURE DATE
You deleted the closure date by shareholder vote. When I warned you before hand you called it FUD.
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dhenson
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September 27, 2013, 10:16:16 PM |
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THERE IS NO CLOSURE DATE
You deleted the closure date by shareholder vote. When I warned you before hand you called it FUD.
Shareholder Protection
After 27 September 2013, we won't issue new batches of 10,000 shares. The IPO will continue to run until the last issued batch of 10,000 shares is sold. For example if 6,000 shares are sold on 27 September, a maximum of 10,000 shares will be issued. For example if 15,000 shares are sold on 27 September, a maximum of 20,000 shares will be issued.
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dhenson
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September 27, 2013, 10:20:02 PM |
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I fully expect them to sell the remaining shares from the first block, after all they need the funds raised to pay for the cointerra equipment for December delivery.
I was referring to an announcement about not releasing any more blocks. Plus it would be nice to receive a status update on the first 20TH.
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nosbit
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September 30, 2013, 05:51:51 AM |
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Any news? BTC-TC closing date only one month ahead from now...
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creativex
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September 30, 2013, 12:22:15 PM |
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THERE IS NO CLOSURE DATE
You deleted the closure date by shareholder vote. When I warned you before hand you called it FUD. Shareholder Protection
After 27 September 2013, we won't issue new batches of 10,000 shares. The IPO will continue to run until the last issued batch of 10,000 shares is sold. For example if 6,000 shares are sold on 27 September, a maximum of 10,000 shares will be issued. For example if 15,000 shares are sold on 27 September, a maximum of 20,000 shares will be issued. That doesn't dictate any date certain for IPO closure. 53 days after listing there are only 2312 shares outstanding. At this rate the IPO could be moved to another exchange and continue for months...or years. This is what was in the original contract: Shareholder Protection
The IPO will prove successful with the sale of at least 30,000 shares. If fewer than 30,000 shares sell within 30 days, CryptX will refund the entire IPO to shareholders.
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cryptx (OP)
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September 30, 2013, 01:20:58 PM |
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Status update: - No more blocks will be issued, we will sell the remaining shares of the first 10,000 share block.
- We are applying for a listing on Bitfunder.
- Boards are in production/assembly right now, a first batch will be deployed at the end of the week.
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canth
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September 30, 2013, 01:35:14 PM |
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Status update: - No more blocks will be issued, we will sell the remaining shares of the first 10,000 share block.
- We are applying for a listing on Bitfunder.
- Boards are in production/assembly right now, a first batch will be deployed at the end of the week.
Thanks for the update.
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dvdrewritable
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September 30, 2013, 09:03:47 PM |
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I didn't see anything on FAQ, will you be offering board seats?
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JstnPwll
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October 07, 2013, 01:43:33 PM |
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- No more blocks will be issued, we will sell the remaining shares of the first 10,000 share block.
- We are applying for a listing on Bitfunder.
- Boards are in production/assembly right now, a first batch will be deployed at the end of the week.
How is the BitFunder progress? Is the first batch deployed and hashing?
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Developer, entrepreneur, idea-seeker. BTC: 14MP75VG3Nf53pSEjowmA9gVPVvEvNpabz
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julz
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October 08, 2013, 04:18:56 AM |
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Do shareholders need to do anything regarding share-transfer? Is it actually going over to bitfunder or will the share registry be manually handled for now?
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@electricwings BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
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BitThink
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October 08, 2013, 04:26:27 AM |
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Boards are in production/assembly right now, a first batch will be deployed at the end of the week. Seems to me like a broken promise. It seems giving out promise and then breaking it without any explaining and apologize becomes a norm in bitcoin world. Sigh.
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ishkur
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October 08, 2013, 03:17:53 PM |
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Where are we with this? We should be hashing now....
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keemao
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October 08, 2013, 04:10:59 PM |
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How and to where will share transfer go?
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cryptx (OP)
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October 08, 2013, 08:50:15 PM |
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Status Update
- We are still in the process of applying for a listing on Bitfunder (also looking at other alternatives like cryptostocks, picostocks, havelock). - More info about deployment of first 20TH will follow later
We apologise for any delay in info as we are focussing on finishing assembly of boards and further deployment as fast as possible. Comments on preferred exchanges are welcome. Our preference goes to Bitfunder, but application is taking a long time. We expect listing on cryptostocks won't take long but are not really familiar with the people behind it and if the platform is stable / trusted.
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runam0k
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Touchdown
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October 08, 2013, 08:51:57 PM |
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BF no longer such a good option following the recent announcement.
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canth
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October 08, 2013, 09:10:38 PM |
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BF no longer such a good option following the recent announcement.
What announcement? Link?
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weaknesswaran
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October 08, 2013, 09:13:07 PM |
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Frontpage Bitfunder
tl;dr; US citizens will be blocked
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canth
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October 08, 2013, 09:19:13 PM |
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Frontpage Bitfunder
tl;dr; US citizens will be blocked
Gotcha -thx.
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dhenson
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October 08, 2013, 10:09:24 PM |
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Havelock is a Canadian exchange and operating legally within it's jurisdiction. However, if these exchanges are targeting US citizens they may run afoul of the SEC regardless.
I'd personally be comfortable with Havelock though I've not used cryptostocks.
edit... thanks for checking in with us cryptx, it's good to get updates even if they are uneventful.
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ishkur
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October 08, 2013, 10:42:24 PM |
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Havelock
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