Invictus Innovations to Return PTS Donations

[liondani]

[void]

Does this change BTS/BTSX allocations/distribution?

[lzr1900]

When most of the Chinese wake up and see this news,they will deem this refund behavior as III has a serious legal problems,and then what?
Sell Sell Sell...
Just my guess.

[sschechter]

Can you please explain your reasons for doing so?  Conspiracy theories thrive where there is an absence of information

[Ander]

I bet when bitshares marketcap is at  $1 billion and 1 BTC = $30 we will get our bitcoins donations back too  :P (genius!)

Given that BTC just started a rise to $3000, we are never seeing 30 again. ;)

[bytemaster]

Just to make sute- all pts donated will be returned to the donating address 1:1?

Yes

[liondani]

Invictus will still retain all BTC donated and has no plans at this time to return those funds.

I bet when bitshares marketcap is at  $1 billion and 1 BTC = $30 we will get our bitcoins donations back too  :P (genius!)

[sumantso]

Invictus has not been contacted by any government agencies, and this move has nothing to do with the legal position of AngelShares.

Whaaaat?

So these changes HAVENT all been a result of needing to comply with SEC/other three letter government agencies? 

Then what were they for?  What possible other reason could there be for giving the PTS back?

They are more or less useless, no point holding onto them when in future a question might arise regarding what happened to funds.

Besides, if there is any chance that PTS survives, it couldn't have with almost a quarter of the supply in one hand.

[Ander]

Invictus has not been contacted by any government agencies, and this move has nothing to do with the legal position of AngelShares.

Whaaaat?

So these changes HAVENT all been a result of needing to comply with SEC/other three letter government agencies? 

Then what were they for?  What possible other reason could there be for giving the PTS back?

[bytemaster]

Now I guess we can look forward to another confused panic sell.
Why announce this now and what does it mean?

This is good for Invictus and everyone involved.   

[zerosum]

Just to make sute- all pts donated will be returned to the donating address 1:1?

[cass]

Now I guess we can look forward to another confused panic sell.
Why announce this now and what does it mean?

+5%


guess this has legal concerns ...

[lzr1900]

Now I guess we can look forward to another confused panic sell.
Why announce this now and what does it mean?

+5%

[bytemaster]

Will Invictus still retain the BTC donated?

Yes

[bytemaster]

What?

So this is a refund post snapshot. Basically AGS holders are still AGS holders and I3 will still receive the BTS from the snapshot while it was holding them. It doesn't change anything except all those who donated will receive their PTS back?

AGS is still a record of those who had intent to give even if their gift was returned ;)