I wanted to post a reply here since we have not seen Namworld in a few days. We're very surprised that he's been missing, considering he's a very prolific investor on BTCT and throughout the Bitcoin community.
BitVPS is very disappointed in the BTCT changes. Our share price has tanked due to this news, and there have been no fundamental changes in our financial situation. We are doing better today than any time in the history of BTCVPS/BitVPS. We actually own most of our own equipment now and have been very busy internally investing in infrastructure upgrades including the procurement of redundant switch gear, more servers, better I/O systems, more disks and memory, etc.
Our dividends dropped this past month but only because we've been re-investing into our infrastructure. Thing is, we were PAYING dividends which is great for us. We've got profits to distribute!
We hope to find a way out of this situation soon but we're still evaluating our options at the moment. It looks like Havelock is our best bet so far but we've not committed to anything yet.
We hope to be in touch with Namworld soon so we can get his take on the situation.
Thanks for the inquiry,
-phungus
Glad to have Co-own replied to us. Despite i am not a holder of VPS, but I'd like to know do you have contact of Namjies, call him back and tell him to deal with all the mess caused by the close down, both on VPS and the BTCBOND side. AFAIK someone is making sell orders at 50% FV and selling down some shares to 30% FV (for a period yesterday, now is ~85%FV priced). Would like to see if you can have some method to call him back and at least post a comment or two on where to go.
PS: Bitfunder sucks+1