Post
Topic
Board Securities
Re: [BTC-TC] Nasty-PT 100 shares = 1 Nasty Fans seat
by
Carnth
on 23/09/2013, 16:26:26 UTC
As btct.co is closing down, what will happen with our NASTY-PT shares we / I bought there?
Any update about how the closure of BTCT will affect the PT's purchased there?


First... Do Not Panic.

Your Nasty-PT shares on btct.co are backed by Nasty Fans Seats which are not on btct.co. 100 shares still equals 1 Nasty Fans seat. The pass-through has (and always had) enough Nasty Fans Seats to back every Nasty-PT share. So there is no reason to panic and/or dump your shares.

There are a couple of options available, and I am evaluating them.

Nasty-PT will continue to operate normally until a decision has been made (all dividends paid according to the contract, etc.)
Again, there is no reason to panic; but I will leave the asset open to trading for those of you who wish to sell, or buy.

Thank you for your patience during this trying time.