Quote from: Ascension on March 09, 2014, 03:32:12 PM

btcQuick is not operating and it has been decided that the company will be dissolved and the remaining funds will be returned to the investors.

We decided that this would be the best option in light of our new merchant account being a complete joke, ACH payments are extremely fraud prone, U.S. regulation ,and our bank account has been put on hold. Due to the Credit card and ACH chargeback windows we will have to wait 6-12 months before we can return the funds back to the investors.

I will issue an official memo in the coming week along with a current assets report/listing.

Thank you for your support,

Ascension

Sad news, sorry to hear that the regulatory climate has ultimately suffocated the business.
Don't hesitate to ask here if you need any assistance with any aspect of winding down the business - Speaking for myself, but hopefully other investors, we have it in our best interests that all loose ends are tied up with little complication as possible.

Quote from: thy on March 09, 2014, 04:17:11 PM

Oh sorry to hear that. I haven't seen any figure on what the dividend that was payed out after the closure of Bitfunder was per share, has it been announced anywhere ?
I haven't registered on the portal yet, do i need to do that or will i automatically get the dividend send to my Public Bitfunder adress now then, the dividend that people that register already got after the closure of bitfunder.
And the same question about the final distribution of funds in 6-12 months time, will they work automatically to peoples public Bitfunder adresses or is there a need to register the shares at the portal ?

FYI the last dividend was issued in December (after Bitfunder closing) and was 8 satoshis per share (0.00000008 BTC)

If any other investors are interested in these numbers, here's a quick 'n dirty breakdown of dividends and share price.

Code:

Date Share Price Net Profit Dividend
2013-04-11 0.00008980 10.00 0.00000020
2013-04-16 0.00009000 12.50 0.00000025
2013-04-23 0.00011899 8.00 0.00000016
2013-05-01 0.00010974 5.00 0.00000010
2013-05-16 0.00010000 7.00 0.00000014
2013-06-02 0.00005000 15.50 0.00000031
2013-06-16 0.00011899 19.00 0.00000038
2013-07-05 0.00011000 67.50 0.00000135
2013-07-16 0.00044000 87.50 0.00000175
2013-08-02 0.00039800 94.00 0.00000188
2013-08-16 0.00038000 145.00 0.00000290
2013-09-04 0.00065000 165.00 0.00000330
2013-09-17 0.00057300 147.00 0.00000294
2013-10-01 0.00045495 123.00 0.00000246
2013-10-16 0.00011570 87.00 0.00000174
2013-12-15 N/A 4.00 0.00000008