Post
Topic
Board Securities
Re: TYGRR.* assets on GLBSE delisted.
by
JoelKatz
on 04/10/2012, 00:44:00 UTC
Future customers?!
If there was evidence Goat was making a significant effort to work out a redemption scheme with GLBSE, I'd agree with you. But without that, I think a lot of people will give GLBSE the benefit of the doubt. But it's certainly a warning bell, especially since GLBSE doesn't seem to be making any effort to improve the redemption scheme. No matter what happens, the decision to delist caused significant harm to GLBSE's customers, and there's no evidence NEFARIO even considered that. However, if they respond to this by announcing delisting criteria, escalation rules, and a procedure for a sensible redemption after delisting, that would go a long way to recovering.