Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
sparky999
on 08/03/2014, 19:50:50 UTC
How about answering about what are you planning to do with the hardware and the hundreds of thousands of dollars invested in new hardware.

I've stated I'm working on the specifics of this.


Could existing  bond holders buy more bonds at a proportional rate to their existing holding for say 1 satoshi. This would solve the problem, no? Would prob mean no new bondhders though.

I have considered something like this and will be presenting more information as I determine the legality of certain methods I'd like to use to ease the transition.

I can't see why this wouldn't work if no new bond holders are allowed to join. I'm not an expert on your local law though. I think I know the issue your having and as long as money changes hands for new bonds there shouldn't be an issue. Capping purchases at a proportional amount to ownership May be an issue but bond holders could hv a hand shake agreement to only purchase their fair share