Thank you for the positive step forward and the significantly more bitcoinlike method of dealing with the payouts.

Please understand however that a minority of users of this forum run a "full" wallet program any more, thus I would suspect only a a minority of shareholders are able to follow your instructions. Bear in mind it's not just a simple download at this time and may take days to synch up the 10s of gigabytes of blockchain before becoming functional.

I think it would be simpler therefore to outline a procedure that can be achieved easily with the blockchain.info wallet at least.

Also I am sure that had everyone known that the bitfunder address would end up tied to disparate entities when everything fell apart there, and that operations such as this would be required with it, then a different address and wallet  may have been used in the first place. I believe the only things required at the time were that you could sign messages from it as proof of control. Thus manually creating transactions may not have been a feature of the wallet originally tied to the address.

For myself, I am not tremendously confident messing with the command line, and worry that I can screw my wallet up with a typo. Particularly as the advice often given was asking how to create tx like that here, is "No , don't mess with it unless you know what you're doing" So n00b level info on that is hard to come by.