UPDATE:A Motion has been raised to update the terms of our contract to reflect the higher output of our newly ordered ASIC mining equipment. Please vote.
https://glbse.com/vote/view/78 This Motion passed with over 97% of the //
outstanding shares// voting 'Yea' to update the contract to reflect the new ASIC upgrade.
I've requested this update with GLBSE support and we should see it reflected in the contract soon.
That was from like 8-10 months ago (
it's like 3 in the morning here, so "8-10 months" is close enough mathing for this hour of the night) ... but like, I just realized something... previously, the majority were "treasury shares" back on GLBSE with no voting power or dividends (
distributions of donation in the new nastyfans fanclub thingy) ... who is controlling the votes on these "seats" now that everything is on nastyfans.org? It's very different than the way things were handled previously -- On GLBSE, things were more "normal-like" where
a distinction was made between:- outstanding shares (regular members / users / shareholders)
- treasury shares (no voting rights or distributions / dividends)
So what's going on?
As far as I know, OgNasty owns the treasury "seats" (25000-~7000 outstanding=18000) now. He said he will activate donations for them as soon as ASICs arrive.
When I bought my shares at GLBSE I was in the belief, that these shares are "stock", which are sold at a later point in time, to raise money for expansion. As it turned out, I misinterpreted that somehow.