Post
Topic
Board Securities
Re: [BTC-TC] Deprived Mining Speculation (DMS)
by
odolvlobo
on 25/11/2013, 07:08:30 UTC
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.