Post
Topic
Board Securities
Re: [Cryptostocks] Bitbond 200Gh/s 105% PPS mining bond - Relaunched
by
amazingrando
on 25/12/2012, 16:25:59 UTC
Apologies for my absence during the holidays.  More updates for you:

I received the final list of bondholders from GLBSE.  The final list included another 45 accounts.  I have sent confirmation emails to all 45.

Here are the current stats:
* All 177 accounts totaling 100,000 bonds are now in my list
* All 177 accounts have been emailed to confirm their holdings and wallet addresses
* 118 accounts are confirmed / 59 accounts unconfirmed
* 90 confirmed accounts were submitted in the first batch to Cryptostocks when BITBOND launched there
* 28 accounts have been confirmed since then
* Those 28 and any further confirmed accounts will be in a final batch sent to Cryptostocks

In order to complete the transition to Cryptostocks, the final date to confirm your account will be January 4, 2013.  On the 5th I will send the final batch of confirmed accounts to Cryptostocks to be loaded.  If we need an interim batch, I am open to that if enough people are interested.

Regarding coupon payments since GLBSE closed, 85% has been paid to the largest investors (working from largest bondholder down).  I would like to be able to pay the remaining 15% immediately, but doing so would mean canceling our ASIC pre-order and losing the pre-order slot.

I'm hoping that BITBOND's ASICs will ship by the end of January, only 4 weeks from now.  Once I receive them and have them running, I would like to offer a free upgrade high enough to pay ongoing weekly coupons plus pay the gap between GLBSE and ASIC mining in relatively short order.

I am open to other suggestions that you may have.  Please let me know.