So he's chatting away with people while he should be working to get funds to repay the loan. I'm not surprized. The only way to repay anything would be selling everything and buying bitcoins before the exchange rate goes up again. But no matter what, he still thinks his FIAT business will repay the debt.

The only BTC business he has is ozcoin, but it is dying as we speak. It has 0.05% of network again and users are leaving the pool. Only 145 users are left now.

Graet says in his post he needs to rebuilt the pool to 5%, but I have no idea how he's going to do that. It's quite impossible at this point. And I'm not seeing anything being done to the pool to attract new miners.

I just hope he understands that no FIAT business can outperform BTC. It's probably too late to expect full redeems at this point because his all assets are simply not enough to buy enough bitcoins. It was already to late when the exchange rate jumped up last autumn.

According to my estimates he could repay at most 40-50% at this time if he sells everything and manages to buy at $450. Probably not going to happen, as he refuses to accept the reality.