Post
Topic
Board Securities
Re: [GLBSE] GOLD Asset Backed Security (ABS)
by
Btc4Domains
on 12/12/2012, 04:06:13 UTC
UPDATE: I received a list of GOLD Asset holders / number of assets held and respective btc payment addresses from glbse a few days ago. As of tomorrow (13 Dec 2012) it will have been 11 weeks since GLBSE shut down without notice. I have just paid out interest for that period and principal to all GOLD Asset holders I know of. The interest was calculated at 0.88% per week x 11. The principal calculated as 0.01 x Number of GOLD Assets (face/issue value x number of assets held). The email from glbse indicated there may be others - any others I do receive will be paid out accordingly. NO interest will be payable beyond the current week. If I get time I will send a closing statement via email to each former GOLD Asset holder.

Thanks to all those who have been patient (thats just about all of you!). For the time being I have no plans to continue the GOLD Asset in any form.