Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
has anyone noticed RTM? I guess he pays 100Mhs per bond and his price is like .02 or .03, Im too tired to do the math. but could someone compare his stock with our stock? Im sure ours is much better, but it would be nice to see what the competition is doing..
For those still interested in "What the competition is doing".
All bonds are buyed back, securities are closed on the BF.
Looks like LRM is continuing to roll with the punches and work for shareholders unlike some others "PMBs"
buy backs in the lack of a working exchange is a legitimate exit strategy, and preferred by investors over letting PMBs wither and die without an exchange or mechanism for raising capital.
However, the epic fail comes here:
So, a few questions:
- Should the asset issuer have frozen the asset before issuing the dividend?
- Can the asset issuer even distribute dividends after the asset is frozen? (Not sure how this aspect of BitFunder works)
- Are any of the lucky sellers reading this?
- Should the asset issuer have frozen the asset before issuing the dividend?
- Can the asset issuer even distribute dividends after the asset is frozen? (Not sure how this aspect of BitFunder works)
- Are any of the lucky sellers reading this?
The asset should have been frozen first.
The system has no way to know that a dividend being issued is not a normal dividend.
Not sure why anyone would want to allow trading after a final dividend payment goes out...
-Ukyo
they did their buyback in the form of a dividend, but didn't freeze the asset! so people with automatic investment lost all their buyback when it automatically purchased dead shares! yikes