Yea, I'm really wanting to be wrong and have Deprived show back up in 4 days when ciphertrade opens. *crossed fingers*
The countdown timer at CipherTrade.com seem to indicate that SOMETHING is happening at 10 AM Eastern US time on January 17th (if my math is right) but that may be the Public Beta. Until actual trading is in full swing I doubt that DMS-Purchase, DMS-Mining or DMS-Selling shares will be getting any back dividends.
... and Deprived returns.
If he doesn't, we asset holders will have to petition CipherMine to get access to the CIPHERMINE.B1 bonds, and come up with some equitable way of resuming the assets (perhaps a new management structure voted on by asset holders?) The 150 btc will sadly have to be written off. DMS.MINING must be looked after according to the terms of the contract, so they won't lose anything in the long run. DMS.PURCHASE and DMS.SELLING will have to eat the loss of the 150 btc but we still should get something back eventually once CIPHERMINE.B1 is liquid.
Unfortunately Kate's long absence and a lack of a backup plan to run CIPHERMINE.B1 in a professional manner means the liquid price might be well South of where it should be.
The new manager would also need to get an extract from Burnside about who the asset holders are, unless CipherTrade have somehow obtained it. I think I'd want to see a certified copy from Burnside though.
Although I hope what you said could be done, but piratically it's almost impossible. The DMS is managed by Deprived personally, and the shares of CipherMine.B1 are invested by Deprived personally too (confirmed from Kate during Deprived's last disappearance). Last time, when I asked Kate to hold on the CipherMine.B1 dividend until Deprived is back, Kate was quite hesitated because that will breach the term of CipherMine.B1. She said theoretically they are only responsible to Deprived himself, and has nothing to do with the investors of DMS funds.
Now you are suggesting CipherMine to take over the DMS funds completely. That means they 'deprived' all the shares of one of their investors and use them to setup a new fund. Although we, the investors of DMS, will welcome this solution definitely, we cannot deny that it is completely illegal.
I think the best thing they can do is holding the dividend (and the face value in case of closure of CipherMine.B1), and freezing the trading of Deprived's shares until he appears (they cannot be trade without Deprived anyway).
Then (touch the wood) only if Deprived never appears after a certain amount of days (I don't know how long it needs to be in UK since both CipherMine and Deprived are there), then his investment, as part of his wealth, can be used to pay his personal debt (the DMS shares and maybe others).
Therefore, without Deprived appears in time, we cannot see a happy ending (lose only 150 BTC becomes the best result already) easily.
