Post
Topic
Board Securities
Re: [GLBSE] Diablo Mining Company (DMC) [140.1 gh] [6.700 mh/share]
by
DiabloD3
on 07/10/2012, 16:40:12 UTC

In the end, DMC gets scammed, stolen from, victimized, and now I can't even safely shut it down.

It's sad that DMC and all the others have fallen victim to GLBSE's shutdown. Nefario is far from anonymous, and enough people are involved in GLBSE that he surely wouldn't get away with defrauding GLBSE's users. US users obviously won't have much ground to stand on in a lawsuit against him, though.

As for DMC's situation, if Nefario gives shareholders a way to uniquely confirm to you that they own a specific number of DMC shares, you will be able to buy them back. We'll just have to wait and see.

I'm predicting a situation where ALL assets previously listed on GLBSE will take the course of Goat's assets. That would seriously suck for both the asset issuers and the asset holders, but it would put you in a position to be able to shut DMC down safely.

There's been some drama between DMC, Nefario, and others in the past. I implore you to make your best effort to make the shut-down process as painless as possible for the shareholders, Diablo.

The situation is complex because all of our assets held are ON glbse. The most important of the two are BTCMC and ASICMINER, and yochdog and friedcat are both trying to figure out how to fix it for their shareholders.

An even bigger problem is I need to sell my BTCMC stake, and without GLBSE I can't. That would have provided enough money to buy back around 2/3rds of the shares still out there, the rest could have been mopped up with the upcoming ASICMINER dividends.

I think if you look up "nothing has gone right" in the dictionary, DMC will be the example given.