Post
Topic
Board Securities
Re: [Cryptostocks] Bitbond 200Gh/s 105% PPS mining bond - Relaunched
by
odolvlobo
on 26/12/2012, 08:29:14 UTC
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.

This is bad. In other words, you spent our money.

The right thing to do would be to pay the remaining 15% out of your own pocket, even if you have to get a loan to do it.
Agree. Doing other way it will be not a fair business. There are no privileged bonds whatsoever nor such bonds were claimed during initial BITBOND issue.

This really has nothing to do with privileged bonds. He spent money that was supposed to be distributed to bond holders.