Post
Topic
Board Securities
Re: [BitFunder] TAT.VIRTUALMINE - IPO Later Today! (6/2/13)
by
Deprived
on 02/06/2013, 10:31:00 UTC
Backing of Bonds
The total amount of bonds issued will always be backed by a qauntity of ASICMINER shares that represent an amount of hashing power that is equivalent to TAT.VIRTUALMINE’s total simulated hashing power, as determined by http://www.asicminercharts.com/live/ or the most recent hashrate as verified by ASICMINER staff.

The ASICMINER shares backing this are unencumbered ones, correct?  i.e. this isn't being backed by the same shares that are backing your pass-throughs?