Quote from: kke on March 24, 2014, 05:42:29 PM

Quote from: almightyruler on March 24, 2014, 02:47:33 PM

Looks like about 12 BTC worth of shares have been sold so far.

Looks like there's something fishy in the alleged cryptostocks "118k sold already" announcement.

You can see the trading history since the listing at March 13th. Since then there are trades totaling only 1.2959 BTC (12,959 shares). There's still 369,464 shares for sale, so seems like there has been only 382,423 shares initially for sale, unless there's some way to sell those shares secretly. If there was 490,000 shares released to the public, there's 107,577 shares missing.

Also, it says "dividends will be paid 1st of april". How can there be anything to share if the site is some 30 BTC on the negative?

Is there going to be a report that shows all the transactions, operational costs, etc? How would the share holders even know if they're getting their fair share?

The info page says "The money raised during the IPO will go towards expansion of the site (advertising) and to hire additional resources to provide additional security and customer service.", there's nothing about it going towards paying out existing debts. Not telling about having huge debts and the financial situation of the exchange is straight up lying.

He's also talking about "we" all the time on the info, but there's nobody else there. It's a one man operation.

Looking at the autoincrementing trade id's in my trade history, it looks like between March 14th and today (10 days) there has been whopping total of 17 trades executed. Of those trades 10 were performed by me. There's not a lot of fees to share, sorry shareholders waiting for dividends on april 1st. (I have some ~150 shares myself)

Out of these 118k shares 100k were sold to someone who has chosen to pay off the cryptostocks.com Since the launch of the shares there has been good number of trades which bought in some commission for the website. Wait for 1st of April to see what the outcome is