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Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

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Author Topic: Diablo Mining Company  (Read 87117 times)
MPOE-PR
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September 24, 2012, 04:33:27 PM
 #741

The whole Usagi thing is fucking ugly, if we have learned anything it is that Usagi is willing to sell out for 5BTC.

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MoinCoin
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September 24, 2012, 04:54:31 PM
 #742

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

That is just a self-protecting false claim.
Please show any proof.
GLBSE sometimes does not charge fees, but CSV is correct though.
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September 24, 2012, 05:14:07 PM
 #743

I think all shareholders should receive the CSV, not, just smickles, unless Diablo is no confident with his investments.

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September 24, 2012, 05:34:38 PM
 #744

The GLBSE software does not produce a complete csv

That is just a self-protecting false claim.
Please show any proof.

Now you're just trolling.

Deprived
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September 24, 2012, 05:57:35 PM
 #745


Please ask yourself this. DMC has over 10 mhash/share now with the ASICMINER. It is worth 0.05?
Ok, Gigamining has 5 mhash/share. It is worth.... 0.67?


Is this true?

Pretty sure he then traded all the ASICMINER shares for OBSI.ABMO - he asked for the trade to be revereded but the Obsi shareholders voted against it.  If OBSI.HRPT turns out to be a ponzi then it's a safe bet those OBSI.ABMO shares will also be worth exactly zero.
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September 24, 2012, 06:00:08 PM
 #746

Nope.

I was 50-60% majority shareholder of DMC before the ASICMINER deal, and I only traded for 4200 shares. Diablo traded for an additional 14,500 shares with other people. I was simply the only one who reported it. I've said this 20 times already. In short, you should know better.

This is not about the asicminer trade. Nefario and ColdHardMetal were told about the trade live in IRC and agreed it was okay. Further, Diablo was NOT reported for this but for breaking his contract.

Its the same thing; it was (IMO correctly) alleged that by trading shares far below market value he breached his contract.
Even if the contract doesnt state it, legally company directors are required to act in the best interests of the corporation committed to their charge by the stockholder. In the absence of any contradictory instructions,  this would mean giving the stockholders the best possible returns their (in this case, fantastically limited) skills permit.  Selling shares at a few % of market value is not in accordance with that, and what nefario thinks about that is largely irrelevant.

Quote
ASICMINER will mine at 155mhash/share for itself. This is a guarantee.

No usagi, there is no guarantee. Its a gamble. They may well produce zero MH.

Quote
If their asics are good they will be 155/share. For 0.1 btc a share. Stop and think. Gigamining is worth 0.67 now, down around 60%.

Qui cum canibus concumbunt cum pulicibus surgent.
(if you sleep with dogs, you wake up with fleas).

Cant believe someone would have to point this out to you, but gigamining is paying dividends now, based on a difficulty that is probably 50-100x lower than ASICminer will, if they ever pay anything. Moreover, the only reason gigamining still is trading this high is because  it provides an upgrade path to terramining.

Quote
Please ask yourself this. DMC has over 10 mhash/share now with the ASICMINER. It is worth 0.05?

You are not up to date. Your good friend Diablo traded all the ASICMINER shares for worthless obsi shit. The last remaining asset with some potential value flushed down the drain.
Result? DMC 1@0.004001

I told you DIablo would manage to burn what little shareholder value was left.


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September 24, 2012, 06:02:31 PM
 #747

The GLBSE software does not produce a complete csv

That is just a self-protecting false claim.
Please show any proof.

Now you're just trolling.
Of course I am. Isn't it obvious?
You make a claim without any proof, and I demand some proof, therefore I'm trolling.

But you may be right, and I went a little to far with my statement.
Let me rephrase:
The validity of your claim cannot be assessed easily, therefore I suspect that you use it to undermine any audit attempt.
And you are somehow correct, because transactions outside of GLBSE regarding DMC are not included in the CSV.

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September 25, 2012, 12:00:33 AM
 #748

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

I hadn't ignored anybody in this thread yet because some people have brought up very valid points, but after this it's pretty obvious that deeplink is just trolling.

4775 shares != 47% of DMC.

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September 25, 2012, 12:56:38 AM
 #749

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

I hadn't ignored anybody in this thread yet because some people have brought up very valid points, but after this it's pretty obvious that deeplink is just trolling.

4775 shares != 47% of DMC.

I should have said 32% of votes that voted want to remove the CEO. That was already pointed out above. It was a mistake, just like buying DMC shares. Fortunately I learn from mistakes, have had some entertainment and know who to avoid in the future. Possibly the best money I ever spent.
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September 25, 2012, 01:20:21 AM
 #750

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

It looks like you open your mouth without even reading this thread. Not good.

1. Robbing is too hard maybe but diablo made many errors that leaded to crashing the course.
1.1 The IPO is still running. The IPO Price is 1BTC. Diablo sold shares (not his owns) for way below that price and even below actual course. In bulk. That means every shareholder that bought for 1BTC before will be fucked because someone could buy a big chunk of the company for way less. Means the backing up value of the shares is split and drops in value. You could say that is a robbery.
2. These friends did invest, but not at 1BTC. Way below. And bought in bulk. Which means they fucked the previous buyers and diablo had fans that love him for this "special transactions". Of course they will vote for him. The cool thing is... because they were able to achieve so much shares for small money they have big voting power.
3. Better read first...

I pity the poor investors that trusted this project at the start. Looking at the course they were invented to lunch dividends... not knowing they are the lunch.

 

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nebulus
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September 25, 2012, 06:11:05 PM
 #751

All right, Diablo, you remain the CEO. Do you have a plan going forward?

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September 25, 2012, 07:01:34 PM
 #752

All right, Diablo, you remain the CEO. Do you have a plan going forward?

Yes, but right now we have an entirely different problem to deal with. Dunno if anyone thats subscribed to the DMC thread reads the rest of the Securities forum, but nefario not only has failed to unlock my account so I can run DMC, but hes also chased goat off GLBSE and is threatening the same to other assets.

The control of GLBSE needs to be turned over to an impartial board that treats asset issuers fairly, and until this happens I'm not sure exactly what I can do in the short term. I'm still going to fight for DMC however I can, but as I see it, nefario has hostages: my shareholders.

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September 25, 2012, 07:08:12 PM
 #753

Yeah well maybe this is part of why each issuer should run their own trading platform where people trade their stuff; since any general market is likely to think of its people as its own customers / its own crowd, which issuers of assets are leeching off of by bringing their assets there to sell...

I wonder if there would be a market for a "don't want to host your own trading platform, let us host it for you" service that specialises in hosting instances of some trading platform or other for people?

I am of course thinking of Open Transactions for this since it is specifically designed to be suitable for cases where the server operator is a third party so it is set up so issuers do not have to trust the server-operator.

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September 25, 2012, 10:27:33 PM
 #754

goat was running some shit that still could cause legal implications for GLBSE...
DMC dealings seem to be puny comparing to what nefario might have to deal with soon... pirate/SEC and shit....
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September 27, 2012, 05:29:11 AM
 #755

nefario emailed me and said my account is now unlocked and also the one guy that he found that would do the audit backed out.

So, after an almost month long trip, we're exactly back to where we originally were.

Also, ABMO has shut down and has paid out a final dividend of 0.1 per share. Its sad to see Obsi go, but nefario's actions chased him off.

Current DMC holdings:
54 BTC-MINING
951 BTCMC
949.53 BTC.


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September 27, 2012, 05:41:53 AM
 #756

nefario emailed me and said my account is now unlocked and also the one guy that he found that would do the audit backed out.

So, after an almost month long trip, we're exactly back to where we originally were.

Also, ABMO has shut down and has paid out a final dividend of 0.1 per share. Its sad to see Obsi go, but nefario's actions chased him off.

Current DMC holdings:
54 BTC-MINING
951 BTCMC
949.53 BTC.




GLBSE isnt entirely at fault and you know it.
Obsi was an anonymous person running  what seemed like a ponzi scheme and when called out on it he turned tail and ran. The best defence we have against someone running scams in future is for them to be known. If you havent noticed most of the remaining ponzi schemes have fled to cryptostocks most likely because the issuers are too chicken shit to have any personal responsibility to shareholders.


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September 27, 2012, 05:54:03 AM
 #757

Cool, thanks for sharing the info! MINING is a damn good investment.

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September 27, 2012, 06:02:27 AM
 #758

nefario emailed me and said my account is now unlocked and also the one guy that he found that would do the audit backed out.

So, after an almost month long trip, we're exactly back to where we originally were.

Also, ABMO has shut down and has paid out a final dividend of 0.1 per share. Its sad to see Obsi go, but nefario's actions chased him off.

Current DMC holdings:
54 BTC-MINING
951 BTCMC
949.53 BTC.



Did he ever say why you locked you down? Surly he must at least give a reason why he locked it down an asset for a month. And if he was worried about something, is he no longer worried?


He believed somehow I was stealing funds from DMC, at least, this is what he said. Problem with that is, he can look right at my account and see if I've withdrawn BTC or not.

DiabloD3
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September 27, 2012, 06:04:52 AM
 #759

nefario emailed me and said my account is now unlocked and also the one guy that he found that would do the audit backed out.

So, after an almost month long trip, we're exactly back to where we originally were.

Also, ABMO has shut down and has paid out a final dividend of 0.1 per share. Its sad to see Obsi go, but nefario's actions chased him off.

Current DMC holdings:
54 BTC-MINING
951 BTCMC
949.53 BTC.




GLBSE isnt entirely at fault and you know it.
Obsi was an anonymous person running  what seemed like a ponzi scheme and when called out on it he turned tail and ran. The best defence we have against someone running scams in future is for them to be known. If you havent noticed most of the remaining ponzi schemes have fled to cryptostocks most likely because the issuers are too chicken shit to have any personal responsibility to shareholders.



Except Obsi bought back ABMO back at full IPO price, and is also (or already has) shut down the rest of his assets at no loss to the shareholders. Obsi quit because he didn't like how nefario handled DMC.

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September 27, 2012, 07:01:51 AM
 #760

nefario emailed me and said my account is now unlocked and also the one guy that he found that would do the audit backed out.

So, after an almost month long trip, we're exactly back to where we originally were.

Also, ABMO has shut down and has paid out a final dividend of 0.1 per share. Its sad to see Obsi go, but nefario's actions chased him off.

Current DMC holdings:
54 BTC-MINING
951 BTCMC
949.53 BTC.




GLBSE isnt entirely at fault and you know it.
Obsi was an anonymous person running  what seemed like a ponzi scheme and when called out on it he turned tail and ran. The best defence we have against someone running scams in future is for them to be known. If you havent noticed most of the remaining ponzi schemes have fled to cryptostocks most likely because the issuers are too chicken shit to have any personal responsibility to shareholders.



Except Obsi bought back ABMO back at full IPO price, and is also (or already has) shut down the rest of his assets at no loss to the shareholders. Obsi quit because he didn't like how nefario handled DMC.


Its interesting that he had enough funds to pay out all of his assets except  OBSI.HRPT  which if it is indeed a ponzi means he wont be able too. Its funny that still remains on glbse  Smiley

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