Quote from: nonnakip on April 20, 2013, 05:53:26 PM

Please see my post here:

https://bitcointalk.org/index.php?topic=86854.msg1683055#msg1683055

OgNasty controlled treasury shares in GLBSE. Your demands are unjustified.

Not the same as outstanding shares.

Quote from: Shares outstanding (wikipedia)

Shares outstanding are all the shares of a corporation or financial asset that have been authorized, issued and purchased by investors and are held by them. They have rights and represent ownership in the corporation by the person that holds the shares. They are distinguished from treasury shares, which are shares held by the corporation itself and have no exercisable rights. Shares outstanding plus treasury shares together amount to the number of issued shares.

... And here is some proof that dilution has been happening:

Quote from: OgNasty on June 14, 2012, 09:13:30 PM

IPO UPDATE:
1,080 shares have been sold so far after 48 hours of trading. That leaves roughly 2,260 more shares to be sold in order for shareholders to own all of the equipment that has already been purchased for this operation.

IPO was originally only 3200 outstanding shares

Quote from: OgNasty on June 11, 2012, 10:05:50 PM

Quote from: filharvey on June 11, 2012, 07:31:25 PM

When do you expect to have the BFL's to start paying a dividend?

ASAP. The order was placed 3 weeks ago for the first couple units... I'm hoping to start dividend payments once the initial 3,200 shares are sold. Depending on the length of time between that and the arrival of our first batch of equipment, I may be willing to cover theoretical earnings prior to the operation being brought online.

Quote from: OgNasty on July 24, 2012, 03:06:44 PM

Quote from: MoinCoin on July 24, 2012, 09:19:21 AM

Im eager to know, who the 1000 shares investor is.
@Unknown care to reaveal yourself?

It was actually 2,600 shares that were purchased at 0.5BTC/share by the mystery investor. Not my place to name him though. Wink

Quote from: MoinCoin on July 24, 2012, 09:19:21 AM

@ Nasty have you done a liquidity planning?
With the newest issue of stocks i'd love to see some more transparency regarding future investements, share issues etc.

I haven't done much thought with liquidity planning yet. I'm still in hardware purchasing mode.

With the added mystery shares, the total outstanding became 5800 shares (3200 + 2600)

That was July 2012 (nearly a year ago)

... this value of 5800 is completely supported by empirical evidence with the first distribution of nasty fans:

Code:

12/17/12 09:05 PM 5812

There were aprox 5800 "outstanding shares" when GLBSE closed. The rest were "treasury shares"

Quote from: Stock dilution (wikipedia)

Stock dilution is a general term that results from the issue of additional common shares by a company. This increase in the number of shares outstanding ...

((...snip...))

A share dilution scam happens when a company, typically traded in unregulated markets such as the OTC Bulletin Board and the Pink Sheets, repeatedly issues a massive amount of shares into the market (using follow-on offerings) for no particular reason, considerably devaluing share prices until they become almost worthless, causing huge losses to shareholders.

... and also:

Quote from: Follow-on offering (wikipedia)

A follow-on offering (often but incorrectly called secondary offering) is an issuance of stock subsequent to the company's initial public offering. A follow-on offering can be either of two types (or a mixture of both): dilutive and non-dilutive.