[Investment fund] Gamma Bitcoin Fund [Closed]

[jimbobway]

Anything new?

[keystroke]

Yes, is there any news on reclaiming shares? Several issuers have already starting paying out on some of my shares. It looks like many issuers which GBF apparently holds have already got the shareholder lists from Nefario.

Also, as the GBF assets sheet shows that you had invested 1000 btc with ziggy star, have you got any plans to take legal action to try to recover any of this?

I know this must be a lot of work for you, but I think it would be a good time to have an update on the situation as these last few days have thankfully brought some progress at last.

Ditto.

[DeaDTerra]

Yes, is there any news on reclaiming shares? Several issuers have already starting paying out on some of my shares. It looks like many issuers which GBF apparently holds have already got the shareholder lists from Nefario.

Also, as the GBF assets sheet shows that you had invested 1000 btc with ziggy star, have you got any plans to take legal action to try to recover any of this?

I know this must be a lot of work for you, but I think it would be a good time to have an update on the situation as these last few days have thankfully brought some progress at last.

Ditto.

Yes,
I have started the reclaim process of several of our asset,
I go through all off the emails I have gotten and post a complete list of which assets we have reclaimed and which we are still waiting on.

I believe that it will be hard to take legal action as it has been hard to identify Ziggy completely as he seems to he using several alias and real names. Though I know other community members who plan to take legal action which I have supported.

Sure no problems, I plan to spend some more time on updating spreadsheets etc during this weekend
//DeaDTerra

[lenny_]

Any news? Did you successfully get access to your shares in GLBSE, like Gigaming etc?
When you will send next payments?

[keystroke]

Any news? Did you successfully get access to your shares in GLBSE, like Gigaming etc?
When you will send next payments?

Yes it would be great to have an update! Merry Christmas & Happy Holidays to all! (Also Happy Bitcoin 4th anniversary coming up soon!)

[DeaDTerra]

Any news? Did you successfully get access to your shares in GLBSE, like Gigaming etc?
When you will send next payments?

Yes it would be great to have an update! Merry Christmas & Happy Holidays to all! (Also Happy Bitcoin 4th anniversary coming up soon!)

Merry Christmas,happy holidays etc to you all
I have reclaimed and sold off ABM.
I have claimed and am waiting for a good chance to sell of LTC-MINING and COGNITIVE.
I have received Dividends from BFL,BFL.RIG and MergedMining.
I have also gotten confirmation emails from a couple of other assets and confirmed our holdings, but no exchange has been chosen and no payments has gone out.
I will compile a complete list as well as a total BTC collected during the next couple of days
//DeaDTerra

[lenny_]

Thanks for update Merry Christmas for you too.
Did you send signed affidivit to Gigamining lawyer?

[PsychoticBoy]

Thanks for update Merry Christmas for you too.
Did you send signed affidivit to Gigamining lawyer?

Probably not, Who wants to be a victim of Identity theft? The ones who did send that info.
I would count GigaMining as a loss!

BEWARE: according to European law, We (European citizens) may not transfer our ID (our a copy of it) to a third party (Outside the EU, like gigavps lawyer)!!

Here is a list of countries which by law are not allowed to send their ID to third parties (Countries outside the EU)

Member states of the EU:
(year of entry)
Austria (1995)
Belgium (1952)
Bulgaria (2007)
Cyprus (2004)
Czech Republic (2004)
Denmark (1973)
Estonia (2004)
Finland (1995)
France (1952)
Germany (1952)
Greece (1981)
Hungary (2004)
Ireland (1973)
Italy (1952)
Latvia (2004)
Lithuania (2004)
Luxembourg (1952)
Malta (2004)
Netherlands (1952)
Poland (2004)
Portugal (1986)
Romania (2007)
Slovakia (2004)
Slovenia (2004)
Spain (1986)
Sweden (1995)
United Kingdom (1973)


Merry Christmas to all.

[DeaDTerra]

Thanks for update Merry Christmas for you too.
Did you send signed affidivit to Gigamining lawyer?

Probably not, Who wants to be a victim of Identity theft? The ones who did send that info.
I would count GigaMining as a loss!

BEWARE: according to European law, We (European citizens) may not transfer our ID (our a copy of it) to a third party (Outside the EU, like gigavps lawyer)!!

Here is a list of countries which by law are not allowed to send their ID to third parties (Countries outside the EU)

Member states of the EU:
(year of entry)
Austria (1995)
Belgium (1952)
Bulgaria (2007)
Cyprus (2004)
Czech Republic (2004)
Denmark (1973)
Estonia (2004)
Finland (1995)
France (1952)
Germany (1952)
Greece (1981)
Hungary (2004)
Ireland (1973)
Italy (1952)
Latvia (2004)
Lithuania (2004)
Luxembourg (1952)
Malta (2004)
Netherlands (1952)
Poland (2004)
Portugal (1986)
Romania (2007)
Slovakia (2004)
Slovenia (2004)
Spain (1986)
Sweden (1995)
United Kingdom (1973)


Merry Christmas to all.

I will not count it as a loss,
I am going to fix all the documents, but as you can understand it will take some time for me to prepare them and get them signed.
But it will be done sooner or later, I have regular contact with James (gigaVPS) so once I get the documents ready it shouldn't take that much time
//DeaDTerra

[strello]

.....I will compile a complete list as well as a total BTC collected during the next couple of days
//DeaDTerra

It's now well over a week, and no information or communication from you.

Please can you give an update on the state of collection of assets and estimated payout.

You should look here for an example of how things should be done:

https://bitcointalk.org/index.php?topic=100521.msg1430256#msg1430256

[DeaDTerra]

.....I will compile a complete list as well as a total BTC collected during the next couple of days
//DeaDTerra

It's now well over a week, and no information or communication from you.

Please can you give an update on the state of collection of assets and estimated payout.

You should look here for an example of how things should be done:

https://bitcointalk.org/index.php?topic=100521.msg1430256#msg1430256

Sure
ABM 18 shares claimed and sold off
BTC-Mining 71 shares claimed no exchange as off yet.
GSDPT 14705 claimed and sold off.
BitBond 92 Claimed no exchange as off yet.
CPA 4304 Claimed exist on BTCTC but are closed for trades, hence haven't been able to sell them off yet.
GigaMining 968 shares, working on claiming them, it will take a while to prepare the proper documents.
BFL 27 shares, claimed and receiving dividends, no way of selling the shares as off yet.
MergedMining 2811 shares, claimed and received final dividend.
BDK.BDN 54 shares, Claimed, no exchange to trade on as off yet.
MovetoFund, inliquidatable.
BFLS.RIG 400 shares, Claimed and receiveing dividend, no way of selling share as off yet.
JTME 8 shares, no updates so far.
FZB.A 5000, Have not been claimed yet, waiting for updates from issuer.
Nasty 17 shares, claimed.
ASICMINER 4607, Claimed but no way off selling off the shares, will hold and wait for dividends or selling opportunity.
NYAN.C 85 shares , Claimed but no way of selling so far.
LTC-MINING 50 shares,Claimed and a sell order is up.
BMF 967 shares, Claimed but no way off selling as off yet.
Moore 774 shares, Claimed and waiting for dividends and a way to sell.
MU 953 shares, Claimed and waiting for dividend and a way to sell.
Cognitive. 437 shares, claimed, dividends received and sell order is up.
BTCSYN, 292 shares, waiting for update from issuer.
JLP-BMD, 822 shares, waiting for update from Issuer.
BMMO, 184 shares, Waiting from update from Issuer.
FPGA.contract 156 shares, Claimed and dividends received, waiting for a way to sell off.
BTCMC 606 shares, Waiting for update from Issuer.

Sorry about being a bit slow, it's holidays and all ^^ didn't meant to be non communicative
//DeaDTerra

[strello]

Great. Thank you for the update.

When are you thinking about making a payout?

[lenny_]

Great update, thanks DeadTerra.
Those shares which you have no way to sell, you can just leave them in your portfolio and they can make dividends for all GBF shareholders, until everything will be paid off.
As example, I can put myself - I received back ONLY 5.26% funds I paid in to Gamma Bitcoind Fund. I can wait longer to get my all money back if you cannot sell some shares.

[DeaDTerra]

Great. Thank you for the update.

When are you thinking about making a payout?

When we reach a substantial amount of Bitcoins, as I do the payouts manually doing them every say 50 Bitcoins will be a hassle for me, so I will wait until we have a couple of hundred BTC then send them out.

Great update, thanks DeadTerra.
Those shares which you have no way to sell, you can just leave them in your portfolio and they can make dividends for all GBF shareholders, until everything will be paid off.
As example, I can put myself - I received back ONLY 5.26% funds I paid in to Gamma Bitcoind Fund. I can wait longer to get my all money back if you cannot sell some shares.

No problems thanks for the patience.
Indeed that was the intention to funnel the dividends to the paybacks for GBF.
As I have stated previously, the amount you will get back is the amount I can liquidate or receive from dividends, I can't promise 100% nor do I believe we can achieve 100% payback. Just wanted to make that clear.
//DeaDTerra

[lenny_]

I am aware we may not reach 100%, but at least I believe you will try to keep it going with dividends as long as possible.

[DeaDTerra]

I am aware we may not reach 100%, but at least I believe you will try to keep it going with dividends as long as possible.

Of course, if I can't liquidate the assets then all dividends paid by that asset automatically goes to GBF as it's owned by GBF.
I will do my very best to maximize the amount liquidated.
//DeaDTerra

[keystroke]

How are things going? I see you were working on selling ASICMINER shares. Have you done that yet?

[Ukyo]

How are things going? I see you were working on selling ASICMINER shares. Have you done that yet?

There is currently no way to trade ASICMINER yet.

[keystroke]

How are things going? I see you were working on selling ASICMINER shares. Have you done that yet?

There is currently no way to trade ASICMINER yet.

You can do an informal trade facilitated by the ASICMINER team as friedcat (IIRC) said he will honor shares traded between people.

[DeaDTerra]

How are things going? I see you were working on selling ASICMINER shares. Have you done that yet?

There is currently no way to trade ASICMINER yet.

You can do an informal trade facilitated by the ASICMINER team as friedcat (IIRC) said he will honor shares traded between people.

The bids I received were to low for me to sell them, so I decided to keep them for now until there's a open market or we start getting dividends
//DeaDTerra