BitBet (S.BBET) March 2016 Statement

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.

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Category: S.BBET

Monday, 04 April, Year 8 d.Tr.