Quote from: arij on April 18, 2014, 12:13:34 AM

The choice to move forward with the buyout was made for a variety of reasons, amongst them being the financial burden that came with paying 30% of salaries as dividends. Employees that work full time do not deserve to receive a pay check that would amount to less than some one flipping burgers at a fast food restaurant.
The most important reason was when we began to question the legality of operating an unregulated security. This is against the law. We must abide by the laws of the land. That being said, it was the recommendation of our lawyer to perform a buyout for this exact reason.

Employees need not be paid with dividends. You can pay salaries and not give out dividends. The profit shares offer no burden as they are not required to be paid monthly if there is no income excess.

Ownership is not currently trading. It does not need to operate as a publicly trading security. I know BitVPS needed to put that back in order. It's just a matter of determining who owns how much of the business. That's what needs to be put in order. I refuse a buyout.