Quote from: pyrkne on October 04, 2012, 04:14:50 AM

Quote from: bitcoin.me on October 04, 2012, 02:35:10 AM

Quote from: stochastic on October 03, 2012, 06:46:59 PM

Quote from: Chaang Noi (Goat) ช้างน้อย on October 03, 2012, 08:13:55 AM

You find nothing wrong with selling a service and then not fully doing it?

I am not sure if this was a reply to me, but I was just curious in how you interpret the GLBSE TOS because on a discussion on the interpretation of contracts listed on GLBSE you seemed to agreed with the statement that things not in the contract can still be done. Things listed in the contract allow for one of the parties to 'reserve the right' to do something, but not necessarily only do things that are listed in the contract. By this interpretation, GLBSE reserves the right to do any and all things in its TOS. There are also implied agreements when using the GLBSE system. No where in the TOS says that GLBSE will list a security after the fee is made, but they do it. By having the authority to list a security, GLBSE also has the authority to remove a security from the exchange.

Anyway, I would also argue that whatever is said in a contract or TOS may not always be the right thing to do. As you may remember with our contract dispute; I took responsibility for my badly written contract and paid out of my own pocket.

In my opinion the right thing to do is to allow the securities to be relisted, allow a buyback of all the securities at whatever value was agreed to, and then remove them after all accounts have been cleared.

This is a decent halfway measure.

There seem to be a lot of us that think it was either prematurely delisted, or shouldn't have been delisted at all. If this is true, relisting sounds best. We can just undo the damage in one move.

I predict after friday things are gonna change and more level heads will prevail.