This is an update to all depositors.
I still owe a majority of my depositors. The short story is that I encountered a large loss, I do not have any bitcoins currently, but I am coming to a resolution now.
We will start here, this is what should have been the reserve. We will be using the value of bitcoins from when I left, $10 per BTC. The first step is to obtain updated bitcoin addresses which I will take through PM starting now. On June 19th (Wednesday), by 11:00 PM PST, I will send a test amount (0.0001 BTC) to those addresses I have received. Once this is received please reply with a confirmation as soon as possible. On June 23rd (Sunday), also by 11:00 PM PST, those with confirmed addresses will be sent 25% of their standing deposit amount directly.
I will not be commenting or replying further on this thread unless for another update or announcement. Any other communication will be done through personal message.