Questions about BMF's insurance policy with CPA.
Summary of the situation can be found in this post : https://bitcointalk.org/index.php?topic=113708.msg1229467#msg1229467
No need to comment on all of that lengthy post (unless you really want to). My questions boil down to these:
1. Is BMF entitled to claim under that policy now (and previously) with it's NAV/share being under 1.0?
1a. If answer to 1. is "Yes" then why hasn't it?
1b If answer to 1. is "No" then what IS BMF insured against if it isn't NAV/share falling below 1.0? Does this represent good value to BMF investors for their 550 BTC worth of premiums.
2. On September 10th in regards to the policy you said ""This was announced, publicized, motioned, voted on and passed two months ago."
2a. Where was it announced and publicised?
2b. Where can I find the motion?
2c. Where can I see the results of the voting?