The issuer [
https://bitcointalk.org/index.php?action=profile;u=62574 ] of this mining bond:
https://glbse.com/asset/view/FPGAMININGpaid the last weekly dividend on 2012-09-17, that is he stopped unilaterally to pay dividends with no previous warning, then he announced that:
I am slowly buying shares back from mining profits and from my own cash I am buying bitcoins with.
B/S: now there are just bids for 2 bonds above 0.2202 BTC (from an IPO price of 1.0 BTC)
I am not trying to cheat anyone, I just can't buy them all at once.
He does not say what he did with the BTC he received for the 3915 bonds he sold, and why he cannot use them to place some serious bids to buy back his "bonds".
For those that I can't buy immediately, I am treating it as a loan,paying interest, until all can be paid back. This is more cost effective than liquidating the FPGAs I have.
He does not say
when he will buy back his bonds, nor how much interest he will pay and when, not to speak about asking for the opinion of bondholders.
I am not a Pirateat40.
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