Quote from: lano1106 on October 18, 2013, 06:30:12 PM

Quote from: xhomerx10 on October 18, 2013, 04:40:02 AM

I said what I wanted to say. The fact that you don't understand it is based on your imperfect mental model of what has transpired. All offers and sales of securities must be registered with the SEC or qualify for some exemption from the registration requirements. Even the exemptions, if you qualify for them, require a form 144 to be filed with the SEC. So, the legality of what occurred at BTC-TC and LTC-Global is the same as it has been since 1933 (apparently). The fact that you and I didn't know this doesn't make it any more or less murky since last month.
I know as much as the rest of you which means you know that Creativex has been running this revenue share for going on a year and communicating with us on a very regular basis until now. Obviously something has changed and I refuse to believe his intentions are dishonest. He has already liquidated the assets and holdings of LTC-DMF and dispersed those funds to shareholders as a dividend on the closing of LTC-Global (also operated by Burnside). He stated this in his last post on Oct. 7th (in the LTC-DMF forum) and has said nothing else since that day in this or the LTC-DMF forum. We also know that he was considering other options to continue trading at first but those options were and still are extremely limited. I can guarantee one thing - no investors have got stolen. (sorry I couldn't resist)

Take care

If you are capable of such thing, I would like to ask to not use insults to defend your position and perhaps make your post more 'to the point'

In my 'mental model', if fraud victims did not complied to all regulations, this does not lessen the gravity of the fraud. What do you find imperfect in that?

I admit that no one knows what are creativex plans but in your 'mental model', if he never show up again, will that mean to you that no fraud has been committed because no one ever step up to explain it to you?

How long will it take to even consider that some wrongdoing has been committed as a possibility?

I sincerely hope that this is not the case but people disappearing and becoming unreachable is usually not a good sign.

The other possibility is that he has been arrested but then I would have expected that we would had some echo from news outlets as they love bitcoin busts stories.

If you read my post, I think you'll find that the only thing which could be construed as an insult was the poke at your use of the word stolen for the sole purpose of adding some humour to an otherwise humourless situation. You might notice I issued an apology for that directly afterward. So to answer your first question, I am quite capable of such a thing.
I am unable to answer your second question since I cannot ascertain your mental model simply by looking at your question. If you remember, you stated that the legal situation was murky. This enabled me to ascertain that your mental model was imperfect. I would need more information to answer your second question.
As for your third question - exactly as long as it takes to sort through the shareholder information which hopefully was transferred to him when BTC-TC shut down, liquidate the assets and disperse the proceeds without the aid of the software which was at his disposal through BTC-TC. I know you are a programmer but I am not so sure about Creativex - he may need considerable time to accomplish that task.
As for your next statement, I prefer to believe that everyone is inherently good and let them prove me wrong. I simply hope that he is in good health.

Take care