Post
Topic
Board Securities
Re: [BitFunder] Ziggap Bitcoin Sales Service IPO - Early Bird pricing
by
poly
on 26/02/2013, 13:29:35 UTC
ZIGGAP still owes people on BTCJAM over 900 bitcoins.

Links? / OP care to comment on this?

Now you know where your invested coins are going to...... BTCJam.
Don't be surprised if the OP vanishes with your coins.

Obviously.

And they shouldnt be paying ANY dividends while still owing their original creditors.

Why not? It's perfectly acceptable to have accounts owing and still pay dividends. Let's check:

https://btcjam.com/listings/584

Borrower Reputation 100%
Positive:    147    Negative:    0
+bitcointalk    +bitcoin-otc
otc nick: aethero

This loan is in good standing. So I don't see why he can't also run a company that pays dividends.

The problem is that the IPO funds are supposed to be going towards the business, ziggap, not used to repay a BTCJAM "personal" loan.