and as of today 2013 feb 11 (monday) it seems to be the end of the syndicate (it ended earlier i just finally managed to skim the walls of text buried in my mail).
it did not last a single year - see Paul's OP

founding members failed to meet their end of the loan of 6 GH/s.
what they did not fail is to claim the rights stemming from the shares (dividends and votes)

i do not want to judge if that's incompetence or bad intention.

basically what happens is that the final dividend will go to shareholders who were free riding the cooperative.