Now that Deprived is back, I propose that we vote to shut this operation down, somehow. This security is not viable without an exchange, and everyone would gain.
DMS.MINING shareholders would benefit greatly. According to the terms for a shutdown, DMS.MINING shares would get 365 times the daily dividend, which is currently about 0.00000066 BTC -- for a total of 0.0002 BTC. Thats is much more than they could get by continuing to receive daily dividends.
The DMS.MINING payout plus the unpaid dividends are certainly much less than the last price of a DMS.MINING share, so DMS.SELLING shareholders would get a decent return.
It's a good outcome for everyone.
He'd need to render all missing dividends before doing such, which would likely wipe out most reserves, no? I haven't bothered backtracking it all.
Normally, the reason for not closing the fund would be that paying 365 days of mining dividends would drain the fund (which normally holds between 400 and 410 days). However, the difficulty has risen so much that the fund now holds about 4400 days.
Miners underestimated the rise in difficulty, so catching up the dividends will definitely not cost more than the NAV/U. The closing payout is only 0.0002 BTC, so it is likely that DMS.SELLING will also get a payout, and without going through the actual numbers I believe it will return a profit.