We are losing track of the issue that concerns people most right now. Many shares have been sold @ bitfunder below the official IPO price of 0.0014 BTC and are flooding the market now, causing a price drop and a loss for everyone who bought shares for the official price.
Either this has always been part of the plan or an unfortunate and never intended event, but we need a fix.
I disagree on the requirement for a fix. The statement that the block sales are flooding the market is factually incorrect, and publically verifiable:
We made 3 block sales. For 2 of these trades the shares have been transferred to their owners. For the other one (3MM shares) the owner asked that we hold their shares until IPO completion.
See:
https://bitfunder.com/assetlistThe two owners mentioned above, represented by 1NJK4iPhxKnYG4t9bbJWSzM4c1teTvvkAD and 1EbNE1UUHxSuJVvanhsV6q1suAqtAFhizN hold 6MM and 2.5MM shares respectively. That has not changed, they have not sold their shares into the market.
On that same list you'll see 13MM shares. They're in our possession. 10MM will simply be destroyed if not sold by 30 September, resulting in a removal of the current 6.25MM ask. The other 3MM will then be transferred to their rightful owner.