highlevelminer
Newbie
Offline
Activity: 42
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 03, 2012, 08:35:31 PM |
|
Five...! Four...! Three...! Two...! One...!
Aaaaand....... Public offering offered!
BDK raised exactly 79.7255007BTC from the 1k public offering. 15 will be kept in the GLBSE BDK fund to pay dividends to shareholders on May 7th. Rest goes to my lending wallet. Next IPO will be on June 2nd. No pre-IPO shares will be sold.
Cheers!
Excellent! I just placed a question on the new glbse predictions page and am awaiting approval. I want to check in with the results and finalize my business plan then I will be on the loan scene looking for some start up capital. Glad your initial ipo was successful
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 04, 2012, 05:41:36 AM |
|
May 2012 Net Income Expectations Optimistic estimate: 450BTC Reasonable estimate: 375BTC Pessimistic estimate: 300BTC (Guesstimated weekly dividend payouts -- May 7th: .002BTC/share -- May 14th: .0004BTC/share -- May 21st: .00086 -- May 28th: .00022BTC/share) Targets will be added to OP each month. I've done May's today. Things change quickly, which can cause dramatic swings one way or the other. This uncertainty will persist until BDK has grown enough to have a mature, well-diversified portfolio of loans, equities, and deposits. Simply because I'll be collecting significantly more information this month over previous months, I'll be able to give tighter ranges in the future. Cheers!
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 04, 2012, 05:33:26 PM Last edit: May 04, 2012, 08:13:04 PM by Kluge |
|
Speaking of quick, dramatic changes... May targets are no longer valid. Profits will be quite significantly higher (~550BTC for the month expected, with a much larger payout on the 21st than originally predicted). However, I'm forecasting June to be a very unimpressive month (maybe 200-275BTC total profit for the month).
I'll update the forecasts with specific numbers again within a few hours.
ETA: New forecast:
May 2012 Net Income Expectations Optimistic estimate: 725BTC Reasonable estimate: 625BTC Pessimistic estimate: 550BTC (Guesstimated weekly dividend payouts -- May 7th: .0021BTC/share -- May 14th: .0004BTC/share -- May 21st: .00266 -- May 28th: .00022BTC/share)
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 06, 2012, 06:18:04 AM |
|
Having a spirited debate with myself, a couple shareholders, and invite others.
I think I can get .16BTC/share largely due to there being a large volume (4k) of shares available for pre-purchase. There's currently strong bids, but very weak asks, which I interpret as meaning the market's quite willing to gobble up more BDK shares. The ZipConf buy is going extremely well and will net "BDK Hybrid" owners (and myself!) a nice sum when dividends come out and/or I decide to sell. There's another quiet investment I'll talk about within a couple weeks, and which I am optimistic about - may cause a "breakout." As well, I forgot I have extra USD loan income coming in this month. >3k coins will be freed up on the 19th to be reinvested, which should help turn the previously-unimpressive future of June's from "unimpressive" to "pleasing". There are plenty of exciting events going on and lined up.
OTOH, I did explicitly say I wouldn't offer pre-IPO shares for the June 2nd offering, but the spirit of that was thinking I'd sell way lower than the market would accept like I did with pre-IPO shares from the May 2nd offering. The way the offering is designed, I should regret even an offering of .16/share at the end of the year, assuming no catastrophe. Though, if there are only a few small nibbles on the pre-IPO offering, being stuck (via the contract) selling BDK shares @ .16 or higher may slow progress down for a month or so.
So far, the >50% shareholder thinks this is a reasonable price & way to proceed, and I got something like an all-clear from another. I plan on making a decision one way or the other within a couple days of issuing the first dividend on May 7th.
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 07, 2012, 06:36:33 AM |
|
First dividend. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) (Guesstimated weekly dividend payouts -- May 7th: .0021BTC/share -- May 14th: .0004BTC/share -- May 21st: .00266 -- May 28th: .00022BTC/share) About on target. Weekly profit: 237.02BTC Total shares public: 5000 (4.5% BDK profit) Total dividend: 10.67BTC Dividend/share: 0.0021331436BTC Next dividend: May 14th (revised estimated dividend - .00045BTC/share)
|
|
|
|
irobindotse
Newbie
Offline
Activity: 17
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 07, 2012, 03:11:13 PM |
|
Woho ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Bought yesterday 96 shares ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Keep up the good work Kluge! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 07, 2012, 07:57:10 PM |
|
Next dividend: May 14th (revised estimated dividend - .00045BTC/share)
I'm a bit bogged down right now. Woke up, 7 PMs, 2 PM logs I need to read through on Skype. ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif) Anyway, the revised estimate is now .0007BTC/share on May 14th, and I have decided to sell pre-IPO shares. 4k are available @ .16BTC/share, minimum order of 250 shares. PM/Skype/IRC/etc me if interested. Cheers, Ben
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 08, 2012, 12:49:21 AM Last edit: May 08, 2012, 07:11:09 AM by Kluge |
|
Quick notice for shareholders copy-pasta'd from Operations thread. This shouldn't significantly impair BDK's ability to operate normally. I need to find a home for 3-4k coins on the 19th, still, but it shouldn't be too big an issue. Yesterday, another cousin's (much closer) husband was diagnosed with lymphoma, tumor near the heart Hrm. So close. Seems a lot of doctors are giving definite statements pulled from their ass. Originally, there was a slight chance he was dying, then he's probably dying and needs chemo, then an "all clear" saying it was fluid-filled/benign, and after what was supposed to be a relatively minor surgery, he's come out missing 1/3 of a lung and given a death sentence again. Supposedly, it's now assumed he has very aggressive cancer. They couldn't get all of it around his lung as it's invading his heart. I'm taking a couple days off and may be unresponsive for some time in the future. I'll always check emails after waking up and before going to sleep, fwiw. He's in his late 20's, I believe. Experienced more than enough death for my liking, but this is the first time interacting with someone suffering imminent death who still speaks coherently. (ETA: I may appear as online in Skype or IRC, but don't assume I am unless talking there. If it's important, please email me @ kluge@bancokluge.com ) ETA2: So... Now it's up in the air. Chemo/radiation already started. Cousin's insisting the doctors got it all, which goes against what another family member said who was with his doctor. Lung which had a section removed is totally non-functional, so he'll have to rely on one lung for the rest of his life. Cousin's kids get a lesson in not transmitting germs tomorrow from wife, who's coincidentally well-studied and experienced in aseptic techniques. Just wanted to keep everyone informed -- always get paranoid someone'll start freaking out and make a big scene if I don't respond to them within a few hours.
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 08, 2012, 07:30:45 AM |
|
Contract change (relevant part [+ a word added for clarification] in bold). I will honor the modified contract now, but it won't be changed on GLBSE until after 60 days of this post just in case Nefario might take issue with me sidestepping the time requirement. Previously read: "Change of Contract" - The operator is fully permitted to change the contract at will, without consent of shareholders. However, the contract is not permitted to go into effect until sixty days after the changes are made public. When the contract is changed, the operator will honor the ability for shareholders to sell shares back to him at a price of .045 Bitcoins per share.Modified to read: "Change of Contract" - The operator is fully permitted to change the contract at will, without consent of shareholders. However, the modified contract is not permitted to go into effect until sixty days after the changes are made public. When the contract is changed, the operator will honor the ability for shareholders to sell shares back to him at a price of .125 Bitcoins per share between the time a change is made and the time 60 days have elapsed since the change was made public.Very sorry to hear the bad new. I hope things will go as well as they can.
Thanks ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 08, 2012, 09:15:13 PM |
|
May 2012 Net Income Expectations Optimistic estimate: 725BTC Reasonable estimate: 625BTC Pessimistic estimate: 550BTC (Guesstimated weekly dividend payouts -- May 7th: .0021BTC/share -- May 14th: .0004BTC/share -- May 21st: .00266 -- May 28th: .00022BTC/share)
A very pleasant revision for shareholders. I have sold BDK's stake in Zip.A for an amount I'm quite pleased with. In total, BDK made ~233BTC from buying & selling Zip.A in the past few weeks. Amazingly, this week's dividend will exceed the previous week's dividend. With that said, I want to be clear -- It's extremely unlikely these profits will be sustainable beyond May -- just a few great breaks in the recent past. As such, the forcast has been revised to the following: May 2012 Net Income ExpectationsOptimistic estimate: 825BTC Reasonable estimate: 700BTC Pessimistic estimate: 575BTC (Guesstimated weekly dividend payouts -- May 7th: .0021BTC/share Actual: .0021331436BTC/share -- May 14th: .0028BTC/share -- May 21st: .00266BTC/share -- May 28th: .00022BTC/share)Cheers! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 12, 2012, 09:21:23 AM |
|
~450BTC (in the form of PPUSD investment in an equity from personal funds) was added to the ownership equity today. I am not at liberty to discuss the actual project it was invested in (expect something within three weeks). However, I will be using ~4k BTC in total of BDK funds to make this investment, and wanted everyone to know that I am firmly committed to and expectant of great success with this project, backed up by an >$2k USD "personal" investment in the project. I make this statement because it will likely 2-6 months before BDK can record profit on this move. - And with that said, I'm expecting a record recording. So, short-term (next couple weeks) will show excellent profits, mid-term (3-16 weeks) will show relatively healthy (but not "extreme") profits, long-term (16-32 weeks) should show pretty darn extreme profits.
Fwiw. Cheers!
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 13, 2012, 03:16:54 AM |
|
Cutesy-Puff 1&2 on Ozcoin if anyone was interested. As noted before, all mining income from them is counted as profit without deducting electricity costs. In exchange, I don't list the 5850 in a different pool I'm about breaking even on. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fbtcstats.net%2Favatar%2FyLiG8Q2&t=665&c=Fi2v7JzShNcsCw)
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 14, 2012, 08:04:08 AM Last edit: May 20, 2012, 09:38:04 PM by Kluge |
|
MAY 7 UPDATE
May 2012 Net Income Expectations Optimistic estimate: 825BTC Reasonable estimate: 700BTC Pessimistic estimate: 575BTC (Guesstimated weekly dividend payouts -- May 7th: .0021BTC/share Actual: .0021331436BTC/share -- May 14th: .0028BTC/share -- May 21st: .00266BTC/share -- May 28th: .00022BTC/share)
MAY 14 UPDATEDividend/share paid: .00246BTC/share Total dividend paid: 12.3BTC Running total dividends paid in May: 22.97101BTC May 2012 Net Income ExpectationsOptimistic estimate: 840BTC Reasonable estimate: 800BTC Pessimistic estimate: 775BTC (Guesstimated weekly dividend payouts -- May 7th: .0021BTC/share Actual: .0021331436BTC/share -- May 14th: .0028BTC/share Actual: .00246BTC/share-- May 21st: .0027BTC/share -- May 28th: .000135BTC/share)I'll re-check the #s for the next two weeks to make sure they're still fairly accurate and give an update within a few days. ETA: Done. These numbers were updated on 5/14 and I believe they will be +-15% of actual dividend paid. The total monthly profit I'm expecting is 815-840BTC (excluding ~15BTC to cover donation pledges), but assume I'm over-confident, so lower the numbers in the estimates. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Cheers! ETA2: Minimum order (#shares, not #BTC) for June 2nd pre-IPO shares revised to 100. The June IPO price is .16BTC/share. I have no intention of lowering it. I am quite content not selling BDK IPO shares if not at a price I like. I'm pleased with fund-raising from BDK.BND.
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 14, 2012, 10:18:44 AM Last edit: May 14, 2012, 11:05:29 AM by Kluge |
|
This certainly isn't the first time I've received a PM asking me what I've been going on about. I hope this is a little more easy-to-understand than the info in the OP. Hi Kluge,
what is the pre-IPO price? Do you provide any discount or is it fixed at 0.16? When do you sell these pre-IPO shares? What will be the 1st dividend date?
xx
Hi there. Sorry you couldn't get this information easily from the thread -- I've been thinking of ways to organize all the information, but I'm terrible at it. Seems really simple in my head, then seems excessively complicated when I write it down. Anyway - the pre-IPO price is .16BTC/share, and that is fixed. When I do the public offering on June 2nd, what I'm really doing is filling all bid orders on GLBSE at or above .16BTC/share - up to 5k shares (rather, 5,000 minus #pre-IPO shares sold). The first dividend for buyers for the set of shares to be released on June 2nd would be June 4th, and every Monday thereafter. Shares may be pre-purchased prior to June 2nd, but those shares will not be transferred to the purchaser until June 2nd. That may seem like a raw deal for those who pay up-front for June 2nd shares. However, they're guaranteed to get BDK shares @ that price. For the shares issued on May 2nd, I only had 1,000 shares to sell. Even though the IPO price was set @ .055BTC/share, because people bid high to be able to get those limited 1,000 shares, nobody who bid less than 0.07750001BTC/share for BDK shares was able to buy any. The majority of orders filled on May 2nd were @ .08BTC/share. So, if there's a bidding war like there was on May 2nd (and fwiw, there are already 7 unique bid orders on GLBSE ranging from .18BTC/share to .19BTC/share), then you may end up receiving a very significant discount -- or maybe not. That's the risk for you to choose whether or not to take. Hope that helps. Tell me if there's still anything I can help clarify. Cheers, Ben ETA: pt. 2 Ben, Thanks for the info.
What is the maximum you are going to offer as pre-IPO? Do you have already have some sold? Will you keep us informed about how many are still left? I would buy 100-200 shares but as you'll sell only in 2 weeks I don't want to have the money blocked all the time? Is it possible to put an order and pay later?
xx
I've stated these, but they get buried in the thread. I'll definitely update the OP within a couple weeks - maybe just post a spreadsheet. On the second day of each month from May to August, I will sell UP TO 5k shares of BDK. After that time, I am permitted to sell however many shares as I please. However, at any time, I am contractually restricted to selling shares at a price equal to or greater than the price I last sold a share at, so after June 2nd, for example, I will never sell a share for less than .16BTC/share, which makes sense even if it weren't in the contract as funds raised through these public offerings go directly into BDK coffers to lend out. For example, BDK currently has ~4.35k BTC in equity. I expect to raise ~800BTC from the June IPO. Thus, in July equity should be in excess of 5k BTC and profits (dividends) should reflect that. For each subsequent public offering, people are very likely to be bidding on a portion of profits of an operation with higher equity and profits than it was the previous month. No pre-IPO shares have been sold, yet, though a depositor expressed interest in converting amount due to BDK shares. I will update when shares have been sold in the thread. Reserving shares are fine, but I must receive the BTC by the end of the day prior to the public offering (so... June 1st in this case) or I'll sell them on GLBSE the next day. Cheers, Ben
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 15, 2012, 02:13:47 AM |
|
Over half of the BDK shares for June 2nd were reserved or pre-paid for today, leaving 1.7k shares remaining which I will be selling at the higher price of .175BTC/share. As well, for the reserved 1k (+ any pre-IPO shares not sold) shares for IPO date, I will only be fulfilling orders @ or > .18BTC/share. ETA: fwiw, I'm guesstimating I'll be asking between .225BTC/share and .275BTC/share for the later July 2nd public offering. ETA2: Down to 700 shares left ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 15, 2012, 02:52:44 AM |
|
Fantastic. All pre-IPO shares have been sold. On June 2nd, then, I'll be fulfilling the top 1k bids (1k of 5k shares each month are reserved for the public offering date) on GLBSE above .18BTC/share.
Cheers,
Ben
|
|
|
|
BinaryMage
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 15, 2012, 03:29:21 AM |
|
About to PM you, urgently had to go somewhere for an hour, and when I come back, all gone. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Well, if anyone's interested in a quick turnaround, I'd buy 100 @ 0.18 BTC each.
|
|
|
|
BinaryMage
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 15, 2012, 03:45:10 AM |
|
I can do that for you but no more than 100, .18 is cheap! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Send me a PM. Thx Sent, thank you!
|
|
|
|
Kluge (OP)
Donator
Legendary
Offline
Activity: 1218
Merit: 1015
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2012, 03:57:27 AM Last edit: May 17, 2012, 07:30:29 AM by Kluge |
|
My wife now has instructions on how to do a forced recall in the event of my death or incapacity. I will put together a plan in the event of the both of us dying within a few months as I decide who to trust with it.
In 60 days, the contract will be revised to read:
Contract: Ben Malec (referred to within this contract as "me," "myself," "I," and "operator") will issue 100,000 shares of "BDK Hybrid Instrument." Each share not controlled by the operator represents .0009% of BDK's monthly profit. Dividends will be paid every Monday, starting May 7th, 2012. Dividends will not be paid on the first of the month unless that happens to be on a Monday. 100,000 shares will be issued. Up to 5,000 shares are to be sold on the second day of each month for four months, starting on the month of May, 2012. After that time, shares may be issued at will of the operator.
Additional provisions "Operator Equity" - The operator holds all equity of BDK. Shares are not tied to equity, and represent only .0009% of BDK monthly profits.
"Shareholder Votes, Non-binding Motions" - While motions may be introduced, they are non-binding. They exist only so the operator may gauge opinion of those invested in BDK's success.
"Change of Contract" - The operator is fully permitted to change the contract at will, without consent of shareholders. However, the modified contract is not permitted to go into effect until sixty days after the changes are made public. When the contract is changed, the operator will honor the ability for shareholders to sell shares back to him at a price of .125 Bitcoins per share between the time a change is made and the time 60 days have elapsed since the change was made public.
"Buyback" - At any time, the operator is permitted to buy back shares issued. The operator will pay .64 Bitcoins per share if the operator buys back BDK shares prior to August 3rd, 2012. If August 3rd, 2012 or later, the operator will pay ((.32 Bitcoins + GLBSE 5 day weighted average of trade transaction amount per share of BDK shares)/2)
"Share Value Protection" - If shares trade for less than ฿.01 on GLBSE for at least 168 hours continuously, the operator MUST issue a bid order of ฿.05 in an amount which equals 50% of shares issued not controlled by the operator. The "168-hour timer" does not again reset for 26 weeks after the "Share Value Protection" provision was last called to action.
"Negative Equity and Operator Liability" - BDK is permitted to operate while having negative equity so long as BDK has not had negative equity for 90 consecutive days. On the 90th day of having negative equity, the operator will be held personally liable to pay shareholders $.10/share (or ฿.02/share, whichever value is lesser).
"Operator Incapacity" - In an event where the operator of BDK is incapacitated due to death, kidnapping, imprisonment, or something else along those lines (arbiter & lawyers can hash it out over what's "along those lines"), the executor of the operator's estate is to initiate a buyback as instructed in the "Buyback" provision. If this is not done within 90 days of the operator's incapacitance, shareholders are entitled to sue the executor of the operator's estate for the amount they're due under the "Buyback" provision. In case where James McCarthy ("Nefario") is presented a death certificate by the executor of the operator's estate and she is able to provide login details for the operator's GLBSE account, James McCarthy is authorized to instruct the executor of the operator's estate on how to proceed with disbursement of due funds. It is also authorized that James McCarthey receive the amount due by the operator and disburse the funds himself according to this provision. Shareholders should be permitted to see the death certificate of the operator.
"IPO Value Preservation, Operator Trading" - The operator is not permitted to ever sell shares for less than he previously sold them for. However, he may sell shares for an amount equal to or greater than the amount he previously sold them for at will.
|
|
|
|
exahash
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
May 16, 2012, 02:00:38 PM |
|
My wife now has instructions on how to do a forced recall in the event of my death or incapacity. I will put together a plan in the event of the both of us dying within a few months as I decide who to trust with it.
-snip-
"Operator Incapacity" - In an event where the operator of BDK is incapacitated due to death, kidnapping, imprisonment, or something else along those lines (arbiter & lawyers can hash it out over what's "along those lines"), the operator's wife is to initiate a buyback as instructed in the "Buyback" provision. If this is not done within 90 days of the operator's incapacitance, shareholders are entitled to sue the estate of the operator for the amount they're due under the "Buyback" provision. In case where James McCarthy ("Nefario") is presented a death certificate by the operator's wife and she is able to provide login details for the operator's GLBSE account, James McCarthy is authorized to instruct the operator's wife on how to proceed with disbursement of due funds. It is also authorized that James McCarthey receive the amount due by the operator and disburse the funds himself according to this provision. Shareholders should be permitted to see the death certificate of the operator.
Kudos on thinking that far ahead Kluge, you are waaay ahead of most glbse issuers. I have a suggestion: instead of referring solely to your wife, why not say your "agent" or "executor of your estate" and then outside of the contract you can say that for now that person is your wife. One day it may be a business associate or lawyer. But this way you can avoid having to modify the contract and wait another 60 days when you want to change the person who will be responsible. I think my wife would be pretty upset about my death, probably not thinking about paying out my bitcoin peeps right away. IANAL, but have have paid more than I can remember right now. You might want to think about having a will and a durable power of attorney for this purpose. Those two things can be done cheaply. If you need a trust (or trusts) then it can start to get expensive. Maybe glbse should have default terms for when an issuer dies or goes awol. I hate to say it, but it's bound to happen eventually.
|
|
|
|
|