Quote from: Nefario on September 24, 2012, 07:17:44 PM

GLBSE is based in the UK and is subject to regulation by the Financial Services Authority (FSA), we are in the process of becoming a registered company that meets all conditions to carry on business.

Nefario.

This statement will come back at you.

Did GLBSE ever verify the identity of Pirate40 ?

Your selling these securities and allowing an IPO, like SecondMarket.com, but they are regulated which in essence is verifying people.

Quote from: galambo on September 25, 2012, 03:50:53 AM

Nefario,

I think that you forgot you are the sole issuer and custodian for counterfeit, unregistered securities. I think that would be a problem for you.

The SEC will come down hard on you, 5m is not a small amount of money.

At the end of the day, they need to blame someone for this mess and if they can't find Pirate + they will likely try and shut you do down.

I like GLBSE, and it allows for some great Bitcoin projects to raise money and make awesome products for us.

Is there a backup plan? Has the corporate owner under the Ltd. been contacted yet?

-Charlie