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Author Topic: Diablo Mining Company  (Read 87274 times)
MPOE-PR
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September 23, 2012, 04:08:58 PM
 #721

Mark: the point is for the website to be still active, not in webarchive.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
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markm
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September 23, 2012, 04:41:33 PM
 #722

After the dot-com crash it turned into a useless cost year after year. I keep the domains, and even point the subdomains places from time to time, but eventually the extended-HTML webserver I used got hard to update too so one year I figured its just not worth the hours it would take to get it all working yet again on yet another new machine. Archive.org is actually better in some ways than running a site myself, it is one thing to write on my own page I've been around a while, quite another to get archive.org to verify that.

The only websites I have on my domains right now is in my .sig, http://hosting.knotwork.com/ which just points at an affiliate site and http://mudgaard.knotwork.com:27744 which is a CoffeeMUD instance.

I have my Open Transactions server at ot.knotwork.com

Not that any of this is really on topic or anything like that, of course.

-MarkM-

Browser-launched Crossfire client now online (select CrossCiv server for Galactic  Milieu)
Free website hosting with PHP, MySQL etc: http://hosting.knotwork.com/
DiabloD3
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September 24, 2012, 07:36:00 AM
 #723

Motion 127 is now closed.

Voted Yea:4775
Voted Nay:10141

Nefario failed to gain his needed 66% of the votes to pass his motion. I remain CEO.

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September 24, 2012, 09:40:49 AM
 #724

Motion 127 is now closed.

Voted Yea:4775
Voted Nay:10141

Nefario failed to gain his needed 66% of the votes to pass his motion. I remain CEO.

It's a sad day for DMC (I hope I am proved wrong). 
And one more thing. It was not Nefario vs You, you dimwitted fuck, but you vs shareholders who are sick of your bull shit and obvious incompetence.
Nefario was just a delivery-boy.
What makes it really sad day, is that we never find out how badly you have ripped off your investors. We still have no idea how you managed to rob us and lose 90% of the NAV.

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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September 24, 2012, 10:19:15 AM
 #725

What makes it really sad day, is that we never find out how badly you have ripped off your investors. We still have no idea how you managed to rob us and lose 90% of the NAV.

Highest bid price on GBLSE is 0.0033 BTC.

As it stands now, he managed to loose 99,7% of shareholders value.
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September 24, 2012, 11:12:35 AM
 #726

Why was Asicsminer sold off? Did you not trade a lot of different stuff to get a lot of it?

I traded ASICMINER into OBSI.ABMO for 1:2 ABMO shares which....

1: Provided ABMO with half the ASICMINER shares it has, which....
2: Combined with the trade of OBSI.1MHS, DMC is around 50% of ABMO, and....
3: Obsi also traded his own ASICMINER into ABMO and purchased a few more which is the other half of ABMO's ASICMINER shares, which...
4: Means DMC's half of ABMO is now backed by around the same number of ASICMINER shares it traded into ABMO, which....
5: Means we get paid not only the original ASICMINER dividends we would have had anyhow, ...
6: We get paid dividends now on ABMO's existing ABMO hardware and....
7: Future dividends on BFL SC upgrades are also ours and...
8: ASICMINER at the time was around 0.10, two shares of ABMO at the time were 0.20, thus we doubled the book value of the investment, and...
9: This insulates from the risk of ASICMINER somewhat.

tl;dr: We doubled book value of the asset, added short term profits, possibly doubled long term profits (maybe even tripled), and became nearly majority owner in ABMO.

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September 24, 2012, 12:51:38 PM
 #727

Well okay, it is nice to know what you did, but are you aware the highest bid for OBSI.ABMO is .01 and the highest bid for Asicminer is well over 10 times or 1000% higher?

How did you double your book value? It looks to me you lost over 80%  ?

This is why even nefario calls you a troll.

Due to GLBSE's habitual lack of good (or sometimes any) bids across almost every asset, people use asks instead of bids to measure book value.

Bitcoin Oz
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September 24, 2012, 12:59:59 PM
 #728

Well okay, it is nice to know what you did, but are you aware the highest bid for OBSI.ABMO is .01 and the highest bid for Asicminer is well over 10 times or 1000% higher?

How did you double your book value? It looks to me you lost over 80%  ?

This is why even nefario calls you a troll.

Due to GLBSE's habitual lack of good (or sometimes any) bids across almost every asset, people use asks instead of bids to measure book value.

That doesnt make it right though and its a bad habit and seemingly dishonest.

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September 24, 2012, 01:18:30 PM
 #729

Well okay, it is nice to know what you did, but are you aware the highest bid for OBSI.ABMO is .01 and the highest bid for Asicminer is well over 10 times or 1000% higher?

How did you double your book value? It looks to me you lost over 80%  ?

For once Im gonna agree with goat. Its even worse than that, read the obsi.ambo contract. He is paying himself 10 shares per day and is under no obligation to pay a single penny in dividends. He is also unverfied on glbse and runs at least one other ponzi.

I would estimate the loss at closer to 100%.
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September 24, 2012, 02:49:31 PM
 #730

I still do not know enough about this to know if Nefario had a right to lock down your account but I understand why shareholders are upset.

Look at the final outcome of motion 127: the shareholders are not and never were upset. This is something nefario did to... do... something. I mean, he claims he wasn't planning on running off with the DMC assets and fuck DMC shareholder; so what was he actually trying to achieve? Whatever it was, it wasn't in the best interest of DMC shareholders or the community at large.

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September 24, 2012, 02:52:53 PM
 #731

Well okay, it is nice to know what you did, but are you aware the highest bid for OBSI.ABMO is .01 and the highest bid for Asicminer is well over 10 times or 1000% higher?

How did you double your book value? It looks to me you lost over 80%  ?

This is why even nefario calls you a troll.

Due to GLBSE's habitual lack of good (or sometimes any) bids across almost every asset, people use asks instead of bids to measure book value.

That doesnt make it right though and its a bad habit and seemingly dishonest.

Yeah I was not trolling I was trying to see why Nefario locked down your account. I think something has to be really really wrong for that to be justified.

However faking your books is not really a good thing. Because the bid is not something you like you can't just use an ask.

I can ask for something to be sold for 22Million bitcoin but that is not a fair value... The fair value is the bid.



Except you misunderstood. I use the lowest ask instead of the highest bid. I didn't say what I'm asking for it. The market still sets the price, and until nefario fixes market liquidity, thats the only way to price assets that doesn't involve half the assets on the market being priced at zero.

DiabloD3
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September 24, 2012, 03:10:58 PM
 #732

I still do not know enough about this to know if Nefario had a right to lock down your account but I understand why shareholders are upset.

Look at the final outcome of motion 127: the shareholders are not and never were upset. This is something nefario did to... do... something. I mean, he claims he wasn't planning on running off with the DMC assets and fuck DMC shareholder; so what was he actually trying to achieve? Whatever it was, it wasn't in the best interest of DMC shareholders or the community at large.


To have that many vote against you is not really good as the people who don't trust you (like me) never bought in.

Also how many times did you vote? How many times did the people you made deals with vote?

Will you post all of your assets or has this been done already?


Trading many of your assets for an asset that no one values was not a smart move IMO. Can you regain trust by showing us you do have assets?



"Times"? People can only vote once, and nefario decided that I wouldn't be allowed to vote even though I am also a shareholder.

All of the assets held have been posted already.

And claiming no one values ABMO is not an accurate statement. ABMO's IPO has not finished yet, thus there is no demand to produce bids.

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September 24, 2012, 03:12:40 PM
 #733

I still do not know enough about this to know if Nefario had a right to lock down your account but I understand why shareholders are upset.

Look at the final outcome of motion 127: the shareholders are not and never were upset. This is something nefario did to... do... something. I mean, he claims he wasn't planning on running off with the DMC assets and fuck DMC shareholder; so what was he actually trying to achieve? Whatever it was, it wasn't in the best interest of DMC shareholders or the community at large.


Do you really believe what you are saying? How can you look at the result of the motion and say that with a straight face?

Motion 127 is now closed.

Voted Yea:4775
Voted Nay:10141

Nefario failed to gain his needed 66% of the votes to pass his motion. I remain CEO.

47% of your shareholders want to remove you as the CEO.

If it wasn't for usagi's vote, one of your major shareholders who has publicly called you a liar but then suddenly changed his mind, after you made a deal with him, that percentage would be much higher.

...
Not just that but Diablo has said many times he won't run a mining company and will instead operate a solar farm, or resell dedicated web hosting.

He was never really supposed to be running a fund anyway, he was supposed to be buying hardware. His anti-BFL stance was no excuse; he could have bought modminers or cairnsmores or icarus or whatever. But he didn't. He lied six ways to sunday about pretty much everything he was doing. And now that it has come to light he is accusing his largest shareholder of conspiring with nefario to steal the assets for himself. It's kind of insane.
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September 24, 2012, 03:14:04 PM
 #734

Motion 127 is now closed.

Voted Yea:4775
Voted Nay:10141

Nefario failed to gain his needed 66% of the votes to pass his motion. I remain CEO.

Looks like 100% of the shareholders who bought your shares on GLSBE boted Yea.
Big surprise that the sockpuppet(s) who you gave 10000+ shares to voted in your favor. For all I know you gave most of them to yourself.

Anyway, will be fun to see your talent at work again. You already burned >99% of shareholder value, lets see if you can burn the rest too. My guess is you can. Only you can.
DiabloD3
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September 24, 2012, 03:19:34 PM
 #735

Motion 127 is now closed.

Voted Yea:4775
Voted Nay:10141

Nefario failed to gain his needed 66% of the votes to pass his motion. I remain CEO.

Looks like 100% of the shareholders who bought your shares on GLSBE boted Yea.
Big surprise that the sockpuppet(s) who you gave 10000+ shares to voted in your favor. For all I know you gave most of them to yourself.

Anyway, will be fun to see your talent at work again. You already burned >99% of shareholder value, lets see if you can burn the rest too. My guess is you can. Only you can.

A sockpuppet claiming I have sockpuppets? Oh the irony.

As mentioned several times in this thread, nefario locked my account... so how could I vote for myself (using all 40 shares of mine) if my account is locked? You make no sense.

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September 24, 2012, 03:24:59 PM
 #736

47% of your shareholders want to remove you as the CEO.

Your math is extremely faulty.

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September 24, 2012, 03:44:51 PM
 #737

47% of your shareholders want to remove you as the CEO.

Your math is extremely faulty.

I can't help it. According to usagi my IQ is below 100.

Anyway, I wish you good luck in managing DMC and creating the largest mining farm in existence.
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September 24, 2012, 03:56:18 PM
 #738

These friends overpower the poor fuckers who got robbed for real money.

1) They lost the money because stock market is unpredictable ("Robbing" implies intent)
2) These friends also invested and consequently also lost money - where is the conspiracy
3) Stop spreading FUD

DiabloD3
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September 24, 2012, 04:03:58 PM
 #739

These friends overpower the poor fuckers who got robbed for real money.

1) They lost the money because stock market is unpredictable ("Robbing" implies intent)
2) These friends also invested and consequently also lost money - where is the conspiracy
3) Stop spreading FUD

Show me an audit so we can indiscriminately know if there was intent or a conspiracy...
 so far all available evidence shows an incompetent ceo who has intentionally mislead and fought against shareholders.

Until then, spreading FUD does not apply.

nefario backed out on the audit because he couldn't find enough people who knew what they were doing to do it.

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September 24, 2012, 04:24:41 PM
 #740

Nothing stopping you from handing the csv to smickles and one other community member, and having them done independent of the glbse to straighten everything out.

The GLBSE software does not produce a complete csv, and nefario has yet to unlock my account. I asked nefario to ask smickles to be one of the three auditors, but he didn't do so.

I'll probably ask smickles to do it someday, but not now. I just want my account back before nefario costs us even more dividends.

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