Quote from: Tritonio on January 16, 2013, 06:15:45 PM

Quote from: conspirosphere.tk on January 16, 2013, 11:54:53 AM

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?

Quote from: amazingrando on December 25, 2012, 04:25:59 PM

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.