Post
Topic
Board Securities
Re: Wtf can you do when an operator goes rogue ?
by
Bitcoin Oz
on 27/11/2012, 23:04:18 UTC
I may as well have a scammer tag because people misunderstand the roles of shareholders and operators.

Nope.  People understand that GLBSE is most likely really a general partnership, which means that its "shareholders" are actually ordinary partners and therefore jointly and severally liable.  It would be different if GLBSE was an actual company or an actual limited liability partnership, but everything that's been posted indicates that it's not and therefore the protections which would be available to shareholders/investors (from what you've said the role the "shareholders" played was more like that of investors in a limited liability partnership than that of shareholders in a private company) aren't available to you.

I dont give two hoots about what random people "understand". There was a BG asset on glbse which only the shareholders had access too, but it was listed along with all the other shares I owned like cognitive. The fact cognitive didnt have shareholder meetings and glbse did is a moot point.  The fact BG didnt use glbse for motions and cognitive did is arbitrary.


If GLBSE is a partnership so is cognitive,nasty mining,CPA and every other stock on glbse. People can believe otherwise but thats my view of the situation.

The fact I get treated differently than an investor in any of those is bullshit and hypocritical.