The third batch is of 12,000,000 (12 million) shares and will be sold at the price of 0.0016 BTC per share. These shares have to be sold by the 4th of November (00:00:00 UTC, 4 November 2013) for the IPO to be deemed a success. At the opening of the mine, this equates to a price of 0.16 BTC per Gh.s.
I didn't follow closely. Has 3rd batch been reduced? I can see 7 million shares on sale for BTC 0.0016 each. Is that the complete 3rd batch?
How many shares have been sold (IPO shares only, not counting re-sold shares) on bitfunder up to this point?