Post
Topic
Board Securities
Re: TRADING
by
minerpart
on 28/01/2014, 16:50:34 UTC
Wasn't enough generated from the various IPOs?

Around 3million is my estimate. Ken has said we don't need these funds right now but we may if the price of BTC falls.



The shares are not selling because they are not priced to sell.

I can't get over how naive some people are on here. The shares have been put well above the ACtM all-time-high for a reason - so they do not interfere with early days trading. If Ken wanted to sell to raise 106BTC he would have put 53,000 of them up at 0.002 and they would be gone by now. They have been put up for a few reasons one of which is for Ken to exercise his right under corporate lien to sell the shares to recover ACtM losses. They are not priced to sell and they will be sold at some time in the future when news or developments makes 0.01 a reasonable price.

I would not buy them at 0.01 right now. The news and situation right now suggests a price of 0.004BTC per share and above for this company.