[MPEx] S.BVPS BitVPS.COM IPO

[ciuciu]

S.BVPS to be delisted February 15.

I'm not entirely sure what the cause is, but in any event the needed addendum to the original contract had been awaiting signatures for about three weeks now. They haven't materialized, and my originally generous and possibly excessive term of January the 15th has come and gone. This leave me with no choice other than to declare the purported conveyance a conversion, and to announce that S.BVPS shares will be delisted from MPEx starting February 15th.

Will there be a buyback by majority holder (new owner) or will this be another "listing delete, we stole your coin" case on your stinky bazaar.

MPEx is only the exchange on which BitVPS was listed.

It seems BitVPS' previous owner 'sold' his controlling interest - in the process breaking the contract he'd signed when listing the company.  If a company doesn't adhere to its agreement with the exchange then what do you think the exchange is meant to do?  Ignore it and continue listing them?  The exchange can't do that - once it knows the contract isn't being honoured it would be wrong for the exchange to allow trading to continue knowing that new investors may be misled by a contract published by the exchange which the exchange KNOWS isn't being honoured.

You need to get over your dislike of MPEx/and MP/MPOE-PR and realise that, in this case at least, the ONLY reasonable action available to MPEx is to delist the company.  So long as they provide investors with proof of holding the shares then investors can pursue whatever action (or negotiate any settlement) they choose against/with the company.

An exchange isn't liable if a company listed on it acts in bad faith (which is pretty clearly what's happened here)  The exchange can't guarantee that any company it lists will honour its promises - all it can do is delist companies if they clearly fail to adhere to their contract or remedy any defects.

So will this so called exchange provide the identification needed and testify in order to sue the ghost rapist?

You forget that the pornographer Mircea Popescu is friend with the rapist, check before posting.

Look at his OTC ratings: http://bitcoin-otc.com/viewratingdetail.php?nick=rg  . I would say OTC is useless.

[EskimoBob]

There are many options. Delisting and telling everyone to just fuck off is exactly what can be expected form a narcissistic fucktard like Mircea Popescu.
Why not halt the trading for start and provide a way to work this out between investors and those thieving scumbags at BitVPS.
But no, pompous little fuck pulls a date out of his hairy ars, posts some crap on his egomaniacal blog, where he keeps jerking off to the sound of his own voice, and that's it.

I mean really, did any of you actually expected something more from that little funny man? I did not.
LOL, MPEX is starting to look like a bigger fuck up GLBSE ever was.

[JWU42]

S.BVPS to be delisted February 15.

I'm not entirely sure what the cause is, but in any event the needed addendum to the original contract had been awaiting signatures for about three weeks now. They haven't materialized, and my originally generous and possibly excessive term of January the 15th has come and gone. This leave me with no choice other than to declare the purported conveyance a conversion, and to announce that S.BVPS shares will be delisted from MPEx starting February 15th.

Will there be a buyback by majority holder (new owner) or will this be another "listing delete, we stole your coin" case on your stinky bazaar.

MPEx is only the exchange on which BitVPS was listed.

It seems BitVPS' previous owner 'sold' his controlling interest - in the process breaking the contract he'd signed when listing the company.  If a company doesn't adhere to its agreement with the exchange then what do you think the exchange is meant to do?  Ignore it and continue listing them?  The exchange can't do that - once it knows the contract isn't being honoured it would be wrong for the exchange to allow trading to continue knowing that new investors may be misled by a contract published by the exchange which the exchange KNOWS isn't being honoured.

You need to get over your dislike of MPEx/and MP/MPOE-PR and realise that, in this case at least, the ONLY reasonable action available to MPEx is to delist the company.  So long as they provide investors with proof of holding the shares then investors can pursue whatever action (or negotiate any settlement) they choose against/with the company.

An exchange isn't liable if a company listed on it acts in bad faith (which is pretty clearly what's happened here)  The exchange can't guarantee that any company it lists will honour its promises - all it can do is delist companies if they clearly fail to adhere to their contract or remedy any defects.

So will this so called exchange provide the identification needed and testify in order to sue the ghost rapist?

You forget that the pornographer Mircea Popescu is friend with the rapist, check before posting.

Look at his OTC ratings: http://bitcoin-otc.com/viewratingdetail.php?nick=rg  . I would say OTC is useless.

I'll certainly be rating rg accordingly later this evening (-10).

[Namworld]

RG is gone but will receive a list of holders. He can pass it down to us.

RG is gone and basically just gave BitVPS away. Me, arij & phungus now manage it.

I'll have to discuss it with arij & phungus. We might do a buyback or relist it.

[phungus]

Yes, please don't let the delisting from MPEX taint your picture of BitVPS. We're still operating 100% and now we actually have the remaining information that we were missing from RG when he "handed" it to us.

Shareholders will be taken care of. The majority of the shares were still owned by the company or company officials anyway.

-p

[Kluge]

There are many options. Delisting and telling everyone to just fuck off is exactly what can be expected form a narcissistic fucktard like Mircea Popescu.
Why not halt the trading for start and provide a way to work this out between investors and those thieving scumbags at BitVPS.
But no, pompous little fuck pulls a date out of his hairy ars, posts some crap on his egomaniacal blog, where he keeps jerking off to the sound of his own voice, and that's it.

I mean really, did any of you actually expected something more from that little funny man? I did not.
LOL, MPEX is starting to look like a bigger fuck up GLBSE ever was.

Will you let me quote you for an ad, yet?   

[🏰 TradeFortress 🏰]

The Bitcoin Stock Exchange - now with just two real stocks.

[Namworld]

The Bitcoin Stock Exchange - now with just two real stocks.

Eh, what do you want? RG's contract was long broken. He's free to take any action he wants against listed assets that don't conform with his exchange's rules.

[EskimoBob]

There are many options. Delisting and telling everyone to just fuck off is exactly what can be expected form a narcissistic fucktard like Mircea Popescu.
Why not halt the trading for start and provide a way to work this out between investors and those thieving scumbags at BitVPS.
But no, pompous little fuck pulls a date out of his hairy ars, posts some crap on his egomaniacal blog, where he keeps jerking off to the sound of his own voice, and that's it.

I mean really, did any of you actually expected something more from that little funny man? I did not.
LOL, MPEX is starting to look like a bigger fuck up GLBSE ever was.

Will you let me quote you for an ad, yet?   

What's in it for me and what is the part exactly you like to use? Please feel free to PM me (As I replied to theymos, you can contact me directly) 

BTW, I'll retract "...thieving scumbags at BitVPS", for the moment because they finally managed to post some information. 

It is a bit unclear, how Co's representative rg departure from BitVPS automagically invalidates a contract for good, but I guess in a loony-town like mpex, everything is possible.

[🏰 TradeFortress 🏰]

The Bitcoin Stock Exchange - now with just two real stocks.

Eh, what do you want? RG's contract was long broken. He's free to take any action he wants against listed assets that don't conform with his exchange's rules.

Absolutely. It would be fraud to continue to list S.BVPS. I'm just commenting on how "the" bitcoin stock exchange only has 2 real stocks now, while other platforms have much more.

[MPOE-PR]

The Bitcoin Stock Exchange - now with just two real stocks.

Eh, what do you want? RG's contract was long broken. He's free to take any action he wants against listed assets that don't conform with his exchange's rules.

Absolutely. It would be fraud to continue to list S.BVPS. I'm just commenting on how "the" bitcoin stock exchange only has 2 real stocks now, while other platforms have much more.

When I was a kid I lived close to a large vegetable growing operation. They had two greenhouses, one was ~600k sq feet, the other ~500k sq feet.

I on the other hand had about a dozen or so pots on the windowsill, growing basil and whatnot.

Which dozen pots on the windowsill, as I am sure an astute observer such as yourself has caught on, ARE SO VERY MUCH MORE.

[phungus]

When I was a kid I lived close to a large vegetable growing operation. They had two greenhouses, one was ~600k sq feet, the other ~500k sq feet.

I on the other hand had about a dozen or so pots on the windowsill, growing basil and whatnot.

Which dozen pots on the windowsill, as I am sure an astute observer such as yourself has caught on, ARE SO VERY MUCH MORE.

Wow, what planet are you from, again? :-)

-p

[rini17]

Shareholders will be taken care of. The majority of the shares were still owned by the company or company officials anyway.

-p

How exactly they will be taken care of, did you announce it somewhere, do you have a plan? Or are you again waiting for things to solve themselves somehow and thus further prove your utter ineptitude in this area? What should i tell my brokerage clients when next week their shares go *poof*?

[Namworld]

How exactly they will be taken care of, did you announce it somewhere, do you have a plan? Or are you again waiting for things to solve themselves somehow and thus further prove your utter ineptitude in this area? What should i tell my brokerage clients when next week their shares go *poof*?

We're supposed to get the list of holders. We'll probably move to BTCT.co

All shareholders will be able to sign a message with their MPEx key upon which I'll transfer their S.BVPS to the account they requested.

[rini17]

How exactly they will be taken care of, did you announce it somewhere, do you have a plan? Or are you again waiting for things to solve themselves somehow and thus further prove your utter ineptitude in this area? What should i tell my brokerage clients when next week their shares go *poof*?

We're supposed to get the list of holders. We'll probably move to BTCT.co

All shareholders will be able to sign a message with their MPEx key upon which I'll transfer their S.BVPS to the account they requested.

I see. So I'm probably sending coinbr users e-mail that if they won't sell the shares, they'll probably have to create BTCT account where they probably receive the new shares.

[MPOE-PR]

S.BVPS to be delisted February 15.

I'm not entirely sure what the cause is, but in any event the needed addendum to the original contract had been awaiting signatures for about three weeks now. They haven't materialized, and my originally generous and possibly excessive term of January the 15th has come and gone. This leave me with no choice other than to declare the purported conveyance a conversion, and to announce that S.BVPS shares will be delisted from MPEx starting February 15th.

List of S.BVPS shareholders at time of delisting:

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[Namworld]

S.BVPS to be delisted February 15.

I'm not entirely sure what the cause is, but in any event the needed addendum to the original contract had been awaiting signatures for about three weeks now. They haven't materialized, and my originally generous and possibly excessive term of January the 15th has come and gone. This leave me with no choice other than to declare the purported conveyance a conversion, and to announce that S.BVPS shares will be delisted from MPEx starting February 15th.

List of S.BVPS shareholders at time of delisting:

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Acknowledged and decrypted on our side. Everything looks good. We only have one person on that list that has not already sent us a signature.

Thank you.