Yes you are right. Something needs doing properly. I did not get to vote, it was closed and i bought 244BTc worth of units at IPO....! ?
this puts my loss in proportion. Sorry for yours.
So, they sold units for 1162.281 BTC
The whole fund now worths 186.2215 BTC (assuming you find someone who buys it!)
Loss of 84% in few months.
Latest dividend of 2.67btc or 0.00009394 per share.
Total dividends given until yesterday= 117.54btc
They could buy the whole fund and tell us to feckoff. Total spent would be 186 btc for shareholders, 117 btc spent in dividends = 304 btc against an income of 1162 = gain of 858 bitcoins.
It's not Ponzi. It's genius. Evil but genius. And we all fell for their idea.
And with Havelock in the middle, no real need to demonstrate shit. As soon on Peta thread we started thinking to have a road trip to the server house to take pictures and make the fund a success, Cryptx published pictures of a warehouse. Roadtrip canceled.
Did they actually ever mined something? Was it only called peta but was all theirs? As soon as some users started challenging the math, Cryptx disappeared and Havelock started answering on the peta thread. Then even havelock stopped. No more communication. No transparency on votes.
Cryptx, seriously, distribute the reinvestment fund leftovers, buy us out and let's all proceed in our lifes. Each one by his road.