Post
Topic
Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
N_S
on 11/08/2013, 23:01:28 UTC
Lots of people seem to be bitching about the fact that some bulk buyers got a discount on the price of the shares.

My question is, did you guys even take the time to read what was offered? Maybe you missed this line from the IPO document?


The issuer has the right to change the price and/or amount of any scheduled batches of shares.


So what's the fuss all about?

The fuss is about this:

"The first batch is a initial sale of 14,500,000 (14.5 million) shares, which will be sold on BitFunder for 0.0014 BTC per share."

The price could have been changed but according to the announcement the shares were to be sold on BitFunder. And this did not happen.

As far as I can tell - done and done. What transpired is in direct contention with what was promised.

I'd certainly no longer be holding shares...