Quote from: tbomb on November 02, 2013, 07:43:47 PM

2) What if we bring a civil suit against him for the fair market value of our shares at the time of shutdown? There are several causes of action that we could bring against him, all of which took advantage of us as naive investors. (several violations of Securities Exchange Act and fraud, at the least)

tbomb

sure you could jump the gun and try and bring a class action civil law suit against him.
that would most likely force him to spend every last bitcoin defending himself and then go into bankruptcy.

the end result is you waste even more money, destroy a few lives and get nothing in return....

if you really are that much of a ~~vindictive douchebag~~ burnt investor then go right ahead.

on a more practical level... if he cant continue operating then (as has already been said by others) we find a new manager or wind up the company and redistribute the remaining assets amongst the share holders.

I dunno about you guys but if I lost so much money on this investment that I was losing sleep then I would feel like a complete fool right now..

sorry for the hard words but some people need to wake up and smell the coffee.. this is the wild west, not a utopian investors paradise.

do you think the people swindled by trendon shavers will ever get their money back?... I so sorely doubt it.

ps I wonder how many people got their money back from bernie madoff or enron.