Post
Topic
Board Securities
Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily.
by
thy
on 10/07/2014, 15:38:47 UTC
do we really give up this loan?
nobody here has think of anyway to sue UKYO??
I wish I could sue this guy ,but the legal cost become a barrier ahead me... shit!!!!!!
Of coure we dont give anything up. We simply decide on some date when to start to take action.
For example something like this:
1 aug if Ukyo hasent at least started paying daily dividend to all shareholders by then.
1 sept lets say also that Ukyo also have to be working on the backlog of dividend to all shareholders by the
1 oct by then also started paying back at least some percentage of the loan to all shareholders.

If he dont live up to the minimum standards we set, then we all join together and start a single lawsuit against Ukyo, i cant really see that there should be any mayour cost involved in starting a civil and/or criminal case against Ukyo as it should be pretty simple and clear case(he borrowed money and hasent payed interest accouding to term and he hasent payed back the principal either to those that requested there shares bought back) and it should lead to that we get lien on all his assets of any substancial value and all his future incomes(except for some minimum needed for food and such) that Jon Montroll has for the rest of his life or until he has payed back the entire loan.

If Jon Montroll realy wanted to, im sure it wouldent have been impossible for himself, possibly with the help of his relatives to go get a loan for 800k/1.2 million usd(@ 400-600 usd /BTC) that the value of 2 000 btc has been around the last months and he could have had the entire loan paid of a long time ago.