Hi guys,
Please can someone give me an update. I'm a bit lost to whats going on?
BTCT.co is closing so what happens to our shares?
I doubt I goto sell off before it closes so what do I need to do?
Can someone advise pls..
Ta..
Chill out, dont worry. Looks like swede is going to help em move to another security exchange. not sure on time frame (its labcoin, lets face it eh lol). until then shares will be paid direct from company. Could be a bit sketchy on times, hence why people are dumping.
Thanks for the update dude, appreciated.
Dumping is not a good idea, unless you've had enough lol.
Here:
All btct shares will be converted to direct shares as soon as we receive official communication from Ethan Burnside before 31 October.
Dividends will be paid regularly until the btct platform is available.
For what concerns the hashrate, as soon as we reach stability with another batch, we will merge it on btcguild, be patient.
We will also evaluate listing again on another exchange.
UPDATE:
I just woke up to the information that BTCT.CO is "winding down" (Shutting down, I haven't even had time to read the full release or catch up on the information thread).
Burnside has previously informed the team (at listing) that complete ownership registry is kept up-to-date (as per previous discussions reg. direct shares), and while this obviously is something no one was expecting I expect all shares to be accounted for.
As to alternate listing, direct share conversion and other alternatives for share holders i currently have not had time to consider this yet but of course we will start working ASAP on a solution.