Post
Topic
Board Scam Accusations
Re: [POLL] Bitbond (amazingrando)
by
Bitinvestor
on 17/01/2013, 17:25:58 UTC
No, it's worse: he says that he (over)paid a small group of his investors who own 85% of the bonds.
Problem is that he OVERpaid them, since the dividend payments should be equal for all on a per bond basis, and he paid nothing to the other bond owners.

When did he say that?

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.

He's stealing money from 15% of his bondholders to pre-order ASICs and, if they ever get delivered, will then pay most of the income from those ASICs to the large investors who contributed 0% to buy them. If that's not unfair then I don't know what is.