Post
Topic
Board Securities
Re: [GLBSE] Gamma Insured Pirate Pass Through
by
imsaguy
on 08/09/2012, 21:43:05 UTC
Both imsaguy and hashking are giving 3 years as an estimate.  Will INAU step up and cover his obligations, or will everyone blame each other, wait 3 years, and buy the bonds back for a few bitcents each from impatient investors?

Note:  < 30 shares of GIPPT for trading is my only exposure to the currently failing lending/scamming cartel, so I'm picking on this thread more.

I've said if things wound down, it could take up to 3 years.  The people invested in EIEIO have been supportive (albeit begrudgingly) and  opted to push forward, which means I expect things to bounce back much quicker.  To date, I've resolved 2/3 of my obligation to INAU and that's what you've been receiving over the last  week or two.  I have ongoing conversations with some parties to resolve the remaining sum here in the near future.