Quote from: odolvlobo on November 25, 2013, 07:08:30 AM

Quote from: Rannasha on November 25, 2013, 06:55:03 AM

Quote from: DaSheep on November 25, 2013, 06:40:33 AM

Quote from: Deprived on November 23, 2013, 06:20:53 PM

And yes - I'm only referring to MINING dividends: at present no SELLING dividends can be paid.

Will they be paid (back) once it's possible to do so?
I'm holding >1000 shares of DMS.SELLING, is there anything i should/can do besides just.. waiting?

You could offer to buy CIPHERMINE.B1 bonds at face value from DMS.
Those things are what's holding back SELLING dividends from being payable. The total NAV of the fund is sufficient, but since the shutdown of BTCT it hasn't been possible to rebalance the funds portfolio and now these illiquid assets make up the majority of the NAV.

At the risk of being really annoying... I told you so!
I was totally against investing the fund's assets because of the unnecessary risk, but everyone else let their greed rule them. We took a big loss from Just Dice and now the funds are stuck in limbo. We narrowly missed losing big time with CoinLenders. ... and all for the sake of a few more percent of return.

In fairness you also need to consider the other side of the coin.

DMS made steady and safe profits from the LTC-ATF.B2 - including selling a significant number of them on the market at a good markup to the face value I sold them to DMS for. And DMS made a fast 20 BTC profit from the 24 hour (and 100% secured) loan I took.

The Just-Dice loss was unfortunate - had I not divested when I did we'd now be well into profit on it (but I had to divest given the situation) and the loss that occurred there had a very small likelihood of happening.

Coinlenders we got out of with a decent profit made - as soon as he removed the personal guarantees and started trying to get hold of much cash as he could with inputs.io it was obvious that it was not a good idea to have cash with him and I got us out.

Ciphermine.B1 was a good move that turned into a bad one due to BTC-TC closing - until then we'd been collecting dividends and slowly selling them off at a small markup to what we paid.

All of that said, I do agree with your conclusion. If I was starting DMS afresh now I think I'd not invest at all other than where there was guaranteed 100% backing and significant liquidity - which, in practice, would mean only in bonds/loans to myself (as no amount of accounts/records from someone else can ever provide me with certainty that backing exists and liquidity will be provided). Fundamentally investment wasn't a good idea with DMS as those who don't want a specific investment can end up having to take on the risk of it (due to being outvoted) when all they actually want is the risks associated with their own judgement of the relative values of SELLING/MINING.