Post
Topic
Board Securities
Re: [BTC-TC] Virtual Community Exchange w/ Options, DRIP, 2FA, API, CSV, etc.
by
EskimoBob
on 17/09/2013, 08:47:26 UTC
.....


Please let me know if/when other issuers violate their contracts.  I'll post similar warnings so new buyers don't get sucked in.


Well there's LHPOOL - operated by emma (same as MOO.COW).  Stopped paying dividends ages ago then claimed the wallet had been stolen.

LTC-ARCADE - operated by greedi who vanished in January.  That one should be locked as there's not even been any pretence of action on it for over 6 months.

LTC-GAMING - should have a warning on it.  He still pays out occasional tiny dividends but appears to given up any pretence that he's actually doing anything.  There's just occasional pump/dumps on it.

LHPOOL: Posted a warning.  Will halt trading around the 20th if we don't hear from Emma

LTC-ARCADE: Locked.

LTC-GAMING: Hard to argue that there are any outright contract violations.  I am confused as to where the miniscule divs are coming from though.  Contract says they should be coming from the site's revenue...

Cheers.


Any chance exchanges starting to demand regular financial reporting from issuers? Seriously, this will help everyone. (I have asked this several times in last year or so)
I think that "They will choose another exchange" excuse has become irrelevant. Why? Because BTCT has the highest volume and best interface, with all the bells and whistles issuer or investor can ask for.