Quote from: Peter Lambert on June 12, 2013, 07:40:40 PM

Quote from: evoorhees on June 12, 2013, 06:44:50 PM

OMG why is this so complicated for you guys?!

This 6100 BTC is not a "giant liability" of SD. It is sitting in a wallet, getting used by SD as a betting pool. If I withdraw it, then SD is not "in debt by 6100 btc"... there is not some huge 6100 btc hole. It's like if I had been letting SD use my personal hosting account for free, and then one day said, "he guys, we need to get a hosting account for SD because I don't want it using mine anymore." And then people yell, "zomg that is so terrible how could you let SD use your account!!"

Amazing that letting SD use this money for 9 months, for free, turns into accusations of fraud.

This would all be much easier if you had published a balance sheet for the company months ago.

The question we have is whether SatoshiDice has had this 6100 liability the whole time that you never told us about? The way this was operating, it looks like that 6100 BTC is an asset of the company. The "huge 6100 btc hole" is the difference between what we thought we owned as shareholders of this company and what you are claiming we own.

^This is it exactly. To my knowledge, you haven't provided a balance sheet or any disclosure that this loan existed. Can you point us to such a disclosure?

I know you aren't an accountant, but this is common sense, because obviously, the loan is a material debt on the company's books, and it is owed to an insider. If you were on the other side of this, wouldn't you have expected it to be disclosed prior to the announcement of it's repayment?