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Author Topic: Ubitex "IPO"!  (Read 1779 times)
cuddlefish
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April 30, 2011, 05:14:41 AM
 #1

1000 shares available, 1 BTC each. VERY high ROI.
Get in while you can!

http://bitcointalk.org/index.php?topic=6584.msg100156#msg100156

Shares are not securities.

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SgtSpike
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April 30, 2011, 05:44:30 AM
 #2

Explain more?

How much of a share of the company is 1000 shares?  Does it represent 100% of the company?  If so, why are you selling your entire company before it even starts?  Hard to make money that way...
cuddlefish
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April 30, 2011, 05:46:15 AM
 #3

Explain more?

How much of a share of the company is 1000 shares?  Does it represent 100% of the company?  If so, why are you selling your entire company before it even starts?  Hard to make money that way...

Try clicking the link in the OP. It helps.

1110 shares total. 1000 will be sold, 10 will be given away to interested parties at the Bitcoin SF meetup.

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Nefario
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April 30, 2011, 05:47:57 AM
 #4

Please bear in mind prices are not bitcoin fractional's that is it's not 1 for 1bitcoin but 100000000, all prices currently use 64bit integers, so the number 1, is actually 0.00000001 of a bitcoin(I think, it's thereabouts anyway).

We will continue working on the client to improve it's usability.

Please also keep in mind that this system is still under active development. That no orders sent to the server are encrypted (although they are signed), and that the systems security (both the programming of the system, and the actual machine setup) needs considerable work and testing(moreso testing really).

Long story short, use this system now at your own risk(for playing around it's not a problem but actually listing companies for more than small amounts of bitcoin is a little risky).

Please note that if there are any issue's I will do everything in my power to resolve them and attempt to keep this running as smoothly as possible.

Regards, Nefario.

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chris200x9
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April 30, 2011, 02:46:55 PM
 #5

how does 1000:1 awesome to UBX sound?

Nefario
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April 30, 2011, 03:09:29 PM
 #6

Well chris, just to let you know the exchange is down until Monday night to fix some issues that have been uncovered.

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proudhon
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April 30, 2011, 03:09:59 PM
 #7

Well, I wanted to join in, but when I try to register with GLBSE by using 'blackmarket.py register' in the Python cmd prompt I'm told that there's a server error - "couldn't connect to host.".  Bummer.
cuddlefish
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April 30, 2011, 03:10:41 PM
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Well, I wanted to join in, but when I try to register with GLBSE by using 'blackmarket.py register' in the Python cmd prompt I'm told that there's a server error - "couldn't connect to hose.".  Bummer.

To hose?

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proudhon
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April 30, 2011, 03:14:05 PM
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Well, I wanted to join in, but when I try to register with GLBSE by using 'blackmarket.py register' in the Python cmd prompt I'm told that there's a server error - "couldn't connect to hose.".  Bummer.

To hose?

Hehe   Embarrassed
Nefario
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April 30, 2011, 05:27:26 PM
 #10

Well, I wanted to join in, but when I try to register with GLBSE by using 'blackmarket.py register' in the Python cmd prompt I'm told that there's a server error - "couldn't connect to hose.".  Bummer.

To hose?

Hehe   Embarrassed

Servers down until monday

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kseistrup
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May 04, 2011, 05:51:39 PM
 #11


1110 shares total. 1000 will be sold, 10 will be given away to interested parties at the Bitcoin SF meetup.


How come GLBSE lists 1250 shares?  Where did the extra 140 shares come from?  And how many shares have been sold in the “ubitex” ticker, I guess they have to be swapasset'ed at some point?

Cheers,

Klaus Alexander Seistrup
http://about.me/kseistrup
Nefario
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May 09, 2011, 02:50:04 AM
 #12

UBX shares are available to buy again.
Check the market.

PGP key id at pgp.mit.edu 0xA68F4B7C

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