For those running to the safety of AM direct shares - I see this as largely unnecessary. In the worst case scenario, in the event that BTCTC is met with a cease and desist or other enforcement action, Friedcat has an updated listing of all of our share allocations, sent twice a day.
https://btct.co/faqI'm not saying there wouldn't be negative ramifications if BTCTC were targeted - surely liquidity and share price would be affected. However, those of us with AM PT shares are not SOL in that case.
*Full disclosure - I own both direct and PT shares and I am not planning on changing my allocations anytime in the near future.
This is a good point.
Yes, Friedcat is emailed a full shareholder list (includes email and btc address) several times a day. If the servers ever got pulled, he has everything he needs to pull the shares back in-house to direct shares.
I am not certain, but I suspect this is unique to BTCTC. BitFunder has a good approach with publishing the addresses publicly if you turn it on, (if you haven't, do it now.) but does not include emails in that so Friedcat would not have a way to contact users directly. Havelock and 796 I have no idea what is setup. (Anyone know?)