[GLBSE] GIPPT Delisting 100% paid.

[Rockefoten]

Though paying dividends until a default is clear (no payment within 1-2 weeks), I hope most people can agree upon?
//DeaDTerra

I agree on this too. I trust that you guys will not run away with our money, so as long as you're paying dividends I'm in no rush having shares bought back. 

[DeaDTerra]

Sorry for the delayed dividend, the Bitcoins are on their way to GLBSE but due to their reboot of the wallet it might take a while
//DeaDTerr

[DeaDTerra]

Okay,
I just wanted to let you guys know that today a 2,5% dividend will be paid for the interest rate.
Then tomorrow 1745 BTC out of the 5000 will be paid back as a dividend, this will be the first out of two payments. The second one will come once the third party lenders pays out the deposits that has been placed with them.
The reason why I am announcing this a head of time is so that the share holders knows that after this payment the face value of the bond goes down to 0.651% (0.651 BTC per shares), after the second payment the bond become useless and will be locked and removed from GLBSE
//DeaDTerra
*side note, there still seem to be a delay with the GLBSE deposit, I will send the transcation and hopefully it will come through*

[Timbo925]

Great news, glad to see a partial payment.  

edit: Partial payment to start with...

[Lobstertorch]

Great news, glad to see a partial payment. 

^ I love this solution to everyone's problems

[DeaDTerra]

A bug has made so that our dividend was pulled from my account but it was not paid to the investors and not recorded properly.
I am working closely with Nefario to solve this issue

I also want to apologize as it seems like there was some miscommunication between me and INAU, it was 1745 BTC that would be paid back (1905 in total with the dividend).
So 1745 will be paid once the GLBSE nonsense is solved, then the rest will come later on.
//DeaDTerra

[DeaDTerra]

After much delay, some my fault some due to the GLBSE down time.
1850 BTC is on it's way to GLBSE to be paid out as a dividend. This will make the bonds be worth 63% of 0.63 in face value
The 125 BTC that was suppose to be paid as a dividend disappears into the cloud due to a bug on GLBSE, we are getting the 125 BTC back and once we have gotten it back we will pay it out.
This was one of the reasons GLBSE was down yesterday.
//DeaDTerra
(6 confirms until dividend )

[ciuciu]

After much delay, some my fault some due to the GLBSE down time.
1850 BTC is on it's way to GLBSE to be paid out as a dividend. This will make the bonds be worth 63% of 0.63 in face value
The 125 BTC that was suppose to be paid as a dividend disappears into the cloud due to a bug on GLBSE, we are getting the 125 BTC back and once we have gotten it back we will pay it out.
This was one of the reasons GLBSE was down yesterday.
//DeaDTerra
(6 confirms until dividend )

Great.

Thanks all of you.

[DeaDTerra]

After much delay, some my fault some due to the GLBSE down time.
1850 BTC is on it's way to GLBSE to be paid out as a dividend. This will make the bonds be worth 63% of 0.63 in face value
The 125 BTC that was suppose to be paid as a dividend disappears into the cloud due to a bug on GLBSE, we are getting the 125 BTC back and once we have gotten it back we will pay it out.
This was one of the reasons GLBSE was down yesterday.
//DeaDTerra
(6 confirms until dividend )

Great.

Thanks all of you.

I think someone fucking with my, now my client is fucking up...
seems like it doesn't transmit the transaction to the network properly.
Oh well I have sent it, hopefully it will hit the network soon
//DeaDTerra

[OneEyed]

I think someone fucking with my, now my client is fucking up...
seems like it doesn't transmit the transaction to the network properly.
Oh well I have sent it, hopefully it will hit the network soon
//DeaDTerra

If you give the TX ID, anyone can follow its journey.

[DeaDTerra]

I think someone fucking with my, now my client is fucking up...
seems like it doesn't transmit the transaction to the network properly.
Oh well I have sent it, hopefully it will hit the network soon
//DeaDTerra

If you give the TX ID, anyone can follow its journey.

They are sent to this address
http://blockchain.info/address/1BbMeUzdfuLpmHQBrZhgbCB13UyyH9XRkp
Here's the transaction id
9308e0ce02e5cb58f7eb369ea9a9c8b9be0fe91be94118d5b1e8b463dd96104b
//DeaDTerra

[Timbo925]

Looks to be a payment in but it just for 0.00001 
Hope it ins't an other bug.

2012-08-25 15:22   0.05   5000   0.00001

[DeaDTerra]

Looks to be a payment in but it just for 0.00001 
Hope it ins't an other bug.

2012-08-25 15:22   0.05   5000   0.00001

Nope I tested so that the dividends worked
//DeaDTerra

[Timbo925]

Smart thinking! 

[DeaDTerra]

The dividend has been paid out
The rest of the payment should arrive sometime next week.
//DeaDTerra

[lenny_]

Received 37% of total shares value. Waiting for the rest to arrive.
Thanks;)

[pyramining]

Am I wrong or Pirate declared default? What happens now?

[DeaDTerra]

Update.
The depositors will return the backings on the 9th of September and the 28th of September respectively after these two payment all of the GIPPT shares will have been paid back 1 BTC.
How much we will receive during each payback I do not know yet.
//DeaDTerra

[BitcoinINV]

are you saying all shares are worth 1 btc?

[DeaDTerra]

are you saying all shares are worth 1 btc?

No as 37% was paid out they are worth 63% or 0.63 BTC per share
//DeaDTerra