BitBet (S.BBET) March 2016 Statement

Monday, 04 April, Year 8 d.Tr. | Author: Mircea Popescu

Resulting from Kakobrekla's rejection of last month's statement and as amply discussed within and without the forum, BitBet entered into receivership this month.

Davout is supervising that process, which is expected to complete during the month of April. Bitbet shareholders are entitled to 0.00001 BTC per share at the expense of the founders as per the contract ; should the liquidation process produce sums in excess of Bitbet's obligations, they will receive the difference proportionally. So far the high bid on Bitbet's assets stands at 9 BTC. The auction closes on Wed the 6th of April so there's still a few days.

I expect the liquidation of Bitbet to complete during April ; there will be one further, final report at the end of this month.

Category: S.BBET
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8 Responses

  1. hello,so i can get 0.00001 per share?

  2. Mircea Popescu`s avatar
    Mircea Popescu 
    Friday, 8 April 2016

    Eventually, yes.

  3. hello,i cant find bitbet on Mpex now,so how can i do further action,how can i have my bitcoins back?

  4. Mircea Popescu`s avatar
    Mircea Popescu 
    Monday, 11 April 2016

    There's no further action you can do. Once the receiver settles the surplus will be distributed to extant shareholders and that's about it.

  5. ok,and do u have my address?or after everything is settled down I give u my address?

  6. Mircea Popescu`s avatar
    Mircea Popescu 
    Tuesday, 12 April 2016

    Well no, you are able to initiate a withdrawal. Nothing changed there.

  7. ok,i understand now

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