ZIGGAP still owes people on BTCJAM over 900 bitcoins.
Links? / OP care to comment on this?
The initial owner of ZIGGAP did take out that loan to start the company, however that loan was taken out by HIM and not by the company. The funds from this IPO are for the company, and not for him. Ergo the funds from this IPO are not going to be used to pay the loan.
So someone else started Ziggap and has now sold it - and you (new owners) didn't take on the loan?
How do we know you won't sell it again - and this time the next owners won't take on paying dividends to the shares?
Once a company has skipped on its commitments once it's hard to have confidence it won't do it again - especially when there's no record anywhere I can see of a change of ownership (i.e. for all we know the 'new' owners could be same as the 'old' ones - and the change of ownership just an excuse to default on the loan). This really should have been explained in your OP - rather than dragged into the light by someone else later.
The same bitcoin-otc identity is being used on both the loan and in this IPO.
From BTCJAM:
Credentials
OTC: aethero
Forum: ZIGGAP
I hardly need to point out the sad history of bitcoin companies which get sold and then suffer a catastrophic failure. There is also the action of handing over the user data to a new owner without informing the customers.
Looks like they sold all the IPO shares so it doesnt really matter but just from a few things Ive discovered here I would avoid using their site and/or investing in it. Theres too many red flags.