Oh it does. It also involves tricking someone to register the IPO under their personal information and finding methods to quickly convert Bitcoins to cash. He also is looking for someone to pay the 8.5 BTC IPO fee. Likely going to be the IPO of the year.
I have given it some thought and I would actually like to sweeten the deal by offering 0.1% of the shares in return for the 8.5 BTC.
In terms of verification for the GLBSE, perhaps we could use your (the investor's) details to ensure that we comply with the regulations of that particular platform.
How can I anonymously and most conveniently turn Bitcoins into cash, preferrably through withdrawing from an ATM?