Quote from: MPOE-PR on June 27, 2013, 08:17:20 PM

Quote from: MPOE-PR on June 27, 2013, 04:07:35 PM

Quote from: Deprived on June 27, 2013, 12:52:36 PM

Specifically it's already paid out more in dividends in the last 3 months than she claimed the shares were worth at most.

It paid out 1.5 BTC per share in the past three months?! This comes as news to me. Weren't they doing something to the tune of 0.000x per week?

Revisiting this point,

Quote

ThickAsThieves hey, you're keeping track. how much btc per share did asicminer pay past three months ? total.
mp: per the history tab at https://btct.co/security/ASICMINER-PT the last 90 days paid out 0.28043419 per share

Deprived, the fuck are you on about, seriously? It's not even reached the magical 30% where scams unravel. Get back to me in...about nine months or so I guess, probably more like a year. Whatever it takes to actually accumulate a third of whatsittrading at, 3.5?

How does what it's trading at come into it?

The 30% applies where the issuer is constantly selling more - that isn't the case here. Friedcat has already paid back over 2.5 times ALL the cash he ever received from investors. Not sure how you managed to get so confused on that rather simple point. Of the 3.5 BTC shares are changing hands for, only 0.1 BTC has ever gone to friedcat - the other 3.4 has gone to previous owners along the way. We know he wasn't issuing more (unless he didn't sell the 160k+ in the first place) as the dividends and ownership is trackable via the block-chain and hasn't increased.

Market prices (on pass-throughs remember) have zero relevance to what cash friedcat received in the past. So how can it be a scam when he received about 16K BTC in total from investors and has already given back over 40K BTC in dividends? That's probably more in dividends that S.DICE, S.MPOE and S.BBET added together - with only a tiny percentage of what they raised from investors ever taken in.

Do the math for MPOE and ASICMINER side by side - see how much was taken from investors and how much given back (even discounting that MPOE has been running longer). Then maybe remove your blinkers and look at the market valuations again.