Quote from: Carnth on September 05, 2013, 10:06:00 PM

Quote from: ventolin on September 05, 2013, 09:06:57 PM

I can't remeber public shareholder vote due to bASIC-Mining's about it before 18 jule:

http://commondatastorage.googleapis.com/share100%2Fbasic-miner.png

[UPD]: And public vote not protect minor shareholders.

Go to https://btct.co/security/BASIC-MINING

Click on the "Motions" tab. It currently is still the last motion (at the very top).

Quote

Motion to buy BFL Minirig with shares.
Shall bASIC-Mining issue 1625 new shares in exchange for an immediately available BFL Minirig?

YES: 40345 - NO: 49

Right, my second mistake (COGNITIVE first). Shame me.

Quote from: creativex on September 05, 2013, 11:45:58 PM

Quote from: ventolin on September 05, 2013, 09:06:57 PM

[UPD]: And public vote not protect minor shareholders.

Yes, that's what you keep saying.

Yes, I'm sure. Please understand my example. Every time any company in real-life after approve dilution will offer special price old shareholder, every time!

Please read, if you not trust or understand me (my english of course):
http://www.netlawman.co.uk/ia/preventing-share-dilution-right-of-first-offer
http://www.calstartuplawfirm.com/business-lawyer-blog/anti-dilution-provisions.php
http://www.nybusinessdivorce.com/2008/08/articles/corporate-governance/controlling-shareholders-dilution-of-minority-interest-requires-bona-fide-business-purpose/

short article in wiki http://en.wikipedia.org/wiki/Stock_dilution.

I have see 2 diffrent way to solve this problem.
1. Dissallow dilution.
2. Establish a mechanism of special offer for old shareholders. It's posible to make with option. Every old shareholders free recieved option call in rate of number shares they have. And if you (minor or major) want new shares you can excercise it. Then issuer send shares and take cash. It's fair for all: nobody use inside information about date of dillution.