Post
Topic
Board Securities
Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
by
bbxx
on 08/09/2013, 21:16:23 UTC
We've collected 24400 BTC from public share sales in total. The 1150 BTC difference between the 25550 and 24400 represents the discounts for the block sales we did (sold at less than 0.0014). Those shares have been transferred to their respective owners on bitfunder. 4400BTC is in our possession (hasn't vanished) and will be used for deployment.

This seems very unfair.  It's called an "IPO - Initial Public Offering."  IceDrill sold shares for less than 0.0014 in private without notification to the public on block sales.  Now, shareholders who bought shares based on public information will feel screwed over.

yeah pre ipo sale is scam

just sell shares at 50% value to a friend, open an ipo
tell friend right moment to sell them and get 50% profit Smiley (or more)