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/584Borrower 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.
Yeah, there's no reason why having debt should prevent paying dividends - the vast majority of companies have debt of some kind, no matter how profitable they are. What's wrong is that the debt was incurred in the name of the company but wasn't disclosed when selling the IPO: but then disclosing financial details has never been a strong point of BTC IPOs.