Quote from: E.Sam on July 31, 2013, 01:35:55 PM

Quote from: aquarius on July 31, 2013, 01:34:36 PM

Quote from: davos on July 31, 2013, 01:28:29 PM

I can't really stress enough how bad an idea it is to wipe the order book at this point.

Going to sleep? Place a higher bid - you'll probably get some shares.

All wiping the order book does is ensure that only people awake when the IPO sale is actually placed (or when the order book is re-opened) will get shares. Let people do their own math and place their bids accordingly - deliver the sale per the terms you've agreed to at the time you've agreed to it.

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And an update,

When 7,000,000 shares are sold by issuer at 0.001

All bids in equal to or greater than 0.001011 will be filled
The first 553,680 shares bid at 0.00101 will be filled
Any lower bids will NOT be filled.

As of the last time I pulled it (so 13:24 forumtime)

I am a bit confused. if I place my bids higher than 0.001 in the order book am I not then guaranteed to get my shares before those who bid lower?

That was just a typo. I m sure he meant 0.00110 and not 0.00101

yes but I mean should I put all my pre-order bids @ 0.001 to be sure to be amongst the first in line to get shares. or should I place bids higher to be sure to get shares before those who bid at the IPO price of 0.001