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Xeoniya	Posted - 2011.02.08 18:12:00 - [331] Edited by: Xeoniya on 08/02/2011 18:12:52 Not to mention most of us shareholders have recieved an eve mail telling us to contact him. It is reassuring to know there is a trust/escrow account established. These 2 together should inform anyone returning after a long period away what is going on. Additionally Block is a very visable character so not exactly difficult to get a hold of. I am not sure if the new contact info was put into the company detail, but I am fairly confident it has, so there is that route to finding out what is going on with shares as well.
Block Ukx Forge Laboratories	Posted - 2011.02.09 03:36:00 - [332] The next set of shares will likely be issued in mid-March. BSAC Stock Exchange - EVE's only real-time stock exchange
Block Ukx Forge Laboratories	Posted - 2011.02.10 18:02:00 - [333] Remember to contact BSAC MMM for instructions on how to return your shares. BSAC Stock Exchange - EVE's only real-time stock exchange
Block Ukx Forge Laboratories	Posted - 2011.02.12 01:16:00 - [334] Don't forget to turn in your shares. New accounts created. Contact BSAC MMM if you did not recieve your login details. BSAC Stock Exchange - EVE's only real-time stock exchange
Block Ukx Forge Laboratories	Posted - 2011.02.16 03:14:00 - [335] The API Journal is having some technical difficulties. As a result deposits might be delayed more than 48 hrs. See API Patch notes for details. BSAC Stock Exchange - EVE's only real-time stock exchange
Block Ukx Forge Laboratories	Posted - 2011.02.17 03:44:00 - [336] Please, don't forget to turn in your shares. New accounts created. Contact BSAC MMM if you did not recieve your login details. BSAC Stock Exchange - EVE's only real-time stock exchange
Block Ukx Forge Laboratories	Posted - 2011.02.21 02:44:00 - [337] Please, don't forget to turn in your BSAC shares. Contact BSAC MMM for details. BSAC Stock Exchange - EVE's only real-time stock exchange
Kalrand GoonWaffe Goonswarm Federation	Posted - 2011.02.21 03:01:00 - [338] Originally by: Block Ukx Please, don't forget to turn in your BSAC shares. Contact BSAC MMM for details. Hows that "Super Ultimate Transparency" thing your working on going?
Poison Forge Laboratories	Posted - 2011.02.21 03:29:00 - [339] Originally by: Kalrand Originally by: Block Ukx Please, don't forget to turn in your BSAC shares. Contact BSAC MMM for details. Hows that "Super Ultimate Transparency" thing your working on going? Fine, Capital ships almost ready to be audited. You find someone one to do it?
Liberty Eternal	Posted - 2011.02.21 03:42:00 - [340] Originally by: Poison Fine, Capital ships almost ready to be audited. You find someone one to do it? Do you know what the word "audit" means?
Poison Forge Laboratories	Posted - 2011.02.21 04:03:00 - [341] Originally by: Liberty Eternal Originally by: Poison Fine, Capital ships almost ready to be audited. You find someone one to do it? Do you know what the word "audit" means? Do you know what "constructive" Means?
Liberty Eternal	Posted - 2011.02.21 04:10:00 - [342] Originally by: Poison Originally by: Liberty Eternal Originally by: Poison Fine, Capital ships almost ready to be audited. You find someone one to do it? Do you know what the word "audit" means? Do you know what "constructive" Means? Here's a constructive suggestion - don't try to refer to the accounts of a dummy company as an audit. No-one in MD is stupid enough to believe that constitutes an audit when the main business hasn't been checked.
Poison Forge Laboratories	Posted - 2011.02.21 04:16:00 - [343] Originally by: Liberty Eternal Originally by: Poison Originally by: Liberty Eternal Originally by: Poison Fine, Capital ships almost ready to be audited. You find someone one to do it? Do you know what the word "audit" means? Do you know what "constructive" Means? Here's a constructive suggestion - don't try to refer to the accounts of a dummy company as an audit. No-one in MD is stupid enough to believe that constitutes an audit when the main business hasn't been checked. I guess you must of missed the point that block was focusing on capital ships first before The mineral reserve. He is also not going to stop making isk for our current stock holders while getting it ready for an audit. But I am rather tired of this flame. I was just letting someone know that it is being worked on. But then most people here flame vs being constructive
Kalrand GoonWaffe Goonswarm Federation	Posted - 2011.02.21 09:04:00 - [344] Originally by: Poison I guess you must of missed the point that block was focusing on capital ships first before The mineral reserve. He is also not going to stop making isk for our current stock holders while getting it ready for an audit. But I am rather tired of this flame. I was just letting someone know that it is being worked on. But then most people here flame vs being constructive It's a waste of everyone's time for you to shuffle some of the investor's assets into a dummy corporation and that have that and only that looked at.
RAW23	Posted - 2011.02.21 09:20:00 - [345] Edited by: RAW23 on 21/02/2011 09:25:28 Originally by: Kalrand Originally by: Poison I guess you must of missed the point that block was focusing on capital ships first before The mineral reserve. He is also not going to stop making isk for our current stock holders while getting it ready for an audit. But I am rather tired of this flame. I was just letting someone know that it is being worked on. But then most people here flame vs being constructive It's a waste of everyone's time for you to shuffle some of the investor's assets into a dummy corporation and that have that and only that looked at. My understanding was that the initial and then ongoing audit on the capital ship operation would be used as a trial run for the technology and systems that would then be applied to BSAC as a whole. I would be very interested to hear more about the methods that are being developed and would suggest that a public discussion of the approach being taken would be a good idea before you finalise it. I understand from Block's post elsewhere that the planned system will be software based with two (?) trustees having oversight. Could either Block or Poison elaborate on the role of the Trustees? I assume that they will have no business dealings with or interests in BSAC, that is, will be neutral third parties, but what exactly will be their role? Will they carry out manual audits to verify the automated data and, if so, will they have unfettered access to all of BSAC? Or will their role be to audit the software that is doing the automated auditing? What are you looking for in the Trustees and do you have anyone in mind? Will the same Trustees be responsible for BSAC and the capital ship fund or different ones? Edit - Btw, Poison: will you follow Block's example and waive your privacy rights so that you can announce what your stake in BSAC is?
Poison Forge Laboratories	Posted - 2011.02.21 13:22:00 - [346] Edited by: Poison on 21/02/2011 13:22:28 Originally by: RAW23 Edited by: RAW23 on 21/02/2011 09:25:28 Originally by: Kalrand Originally by: Poison I guess you must of missed the point that block was focusing on capital ships first before The mineral reserve. He is also not going to stop making isk for our current stock holders while getting it ready for an audit. But I am rather tired of this flame. I was just letting someone know that it is being worked on. But then most people here flame vs being constructive It's a waste of everyone's time for you to shuffle some of the investor's assets into a dummy corporation and that have that and only that looked at. My understanding was that the initial and then ongoing audit on the capital ship operation would be used as a trial run for the technology and systems that would then be applied to BSAC as a whole. I would be very interested to hear more about the methods that are being developed and would suggest that a public discussion of the approach being taken would be a good idea before you finalise it. I understand from Block's post elsewhere that the planned system will be software based with two (?) trustees having oversight. Could either Block or Poison elaborate on the role of the Trustees? I assume that they will have no business dealings with or interests in BSAC, that is, will be neutral third parties, but what exactly will be their role? Will they carry out manual audits to verify the automated data and, if so, will they have unfettered access to all of BSAC? Or will their role be to audit the software that is doing the automated auditing? What are you looking for in the Trustees and do you have anyone in mind? Will the same Trustees be responsible for BSAC and the capital ship fund or different ones? Edit - Btw, Poison: will you follow Block's example and waive your privacy rights so that you can announce what your stake in BSAC is? I have a total 195B in assets in BSAC.
Block Ukx Forge Laboratories	Posted - 2011.02.22 00:22:00 - [347] I have been very busy lately in RL, so I havenÆt done much coding. BSAC has several ventures that are all independent of each other. The idea is to start with CSF, then move to the rest of the ventures. The plan is very simple; make the corporation data available to everyone. The data will be posted in our website, and the Trustees role is to ensure that the posted data is correct. At this time the BOD are the trustees as they already have the API key to the CSF account. In addition, IÆm going to add some coding to do the financial reporting in the website. Again, since everyone has access to the corporation data, then anyone can verify that the financial information is correct. The main problem at the moment is that there is no contract API. I believe ccp is working on this. Please donÆt hesitate to posts your ideas on this issue. BSAC Stock Exchange - EVE's only real-time stock exchange
Proton Power Amarr Retirement Retreat	Posted - 2011.02.22 13:58:00 - [348] All an audit proves is that he has minerals and bpo's, sells some capitals. It does not provide an actual safeguard against scamming. If you want a confirmation that he has what he claims, I can pretty much tell you he does, since I haul the majority of his minerals for him for the capital construction, and some for the exchcange when block is moving minerals from one hub to another. An audit on somthign like this is stupid, but I will gladly volunteer to verify how many of Each Mineral type he holds, aprox value based on current market prices, what BPO's they hold, and that they are selling/buying minerals and capital ships. Don't see why Block would allow an audit but hey what ever.
Block Ukx Forge Laboratories	Posted - 2011.02.22 19:40:00 - [349] The Cash Reserve is accepting deposits. BSAC Stock Exchange - EVE's only real-time stock exchange
Liberty Eternal	Posted - 2011.02.22 20:42:00 - [350] Originally by: Block Ukx The plan is very simple; make the corporation data available to everyone. But verified by no-one Originally by: Block Ukx The data will be posted in our website, You already have a mountain of information on your website, why do you think that putting more up will be equal to an audit? Originally by: Block Ukx and the Trustees role is to ensure that the posted data is correct. Translation: Sencnes is our first, last and only line of defence Originally by: Block Ukx Again, since everyone has access to the corporation data, then anyone can verify that the financial information is correct. Everyone except an auditor.
Poison Forge Laboratories	Posted - 2011.02.22 21:25:00 - [351] Ok but you seem to forget.... You need to find an auditer any pay for one. In the mean time feel free to make yourself feel important and keep flaming. Thank you.
Kalrand GoonWaffe Goonswarm Federation	Posted - 2011.02.22 22:39:00 - [352] Originally by: Poison Ok but you seem to forget.... You need to find an auditer any pay for one. In the mean time feel free to make yourself feel important and keep flaming. Thank you. I believe there have been several offers to pay people to do this.
Poison Forge Laboratories	Posted - 2011.02.22 23:01:00 - [353] Edited by: Poison on 22/02/2011 23:02:19 Originally by: Kalrand Originally by: Poison Ok but you seem to forget.... You need to find an auditer any pay for one. In the mean time feel free to make yourself feel important and keep flaming. Thank you. I believe there have been several offers to pay people to do this. Pay maybe find? Not yet.. And like Proton brought up you will still call this a ponzi so it does not matter what we do.. Its all about the Flame
Fulbert Gallente	Posted - 2011.02.22 23:04:00 - [354] I apologize for interrupting your conversation but... What is the new Cash Reserve limit, please? 150 bil? -------------------------------- Fulbert. Miner - Industrialist
RAW23	Posted - 2011.02.22 23:14:00 - [355] Edited by: RAW23 on 22/02/2011 23:21:35 Originally by: Proton Power All an audit proves is that he has minerals and bpo's, sells some capitals. It does not provide an actual safeguard against scamming. If you want a confirmation that he has what he claims, I can pretty much tell you he does, since I haul the majority of his minerals for him for the capital construction, and some for the exchcange when block is moving minerals from one hub to another. An audit on somthign like this is stupid, but I will gladly volunteer to verify how many of Each Mineral type he holds, aprox value based on current market prices, what BPO's they hold, and that they are selling/buying minerals and capital ships. Don't see why Block would allow an audit but hey what ever. Actually, the thing that really needs the audit is BSAC rather than the cap ship production business. The audit system for this business is, I understand, to provide the ground work for a more widespread system for BSAC as a whole. @Poison - Thank you for the figure re: your stake in the business. Investors can now make their decisions based on the figure of c. 480bil in public isk held by BSAC. As to the auditor, rather than people just throwing names at you, could you outline what your requirements are and what role the trustee(s) will play in the new system? If, for instance, the system will be such as to require that the software be vetted it will be important to know that in suggesting someone for the role. Can you think of anyone that you would be happy to conduct the audit? Equally, is there anyone you think might be suggested who you would not be happy with? the easiest way to find someone acceptable would be to lay out your requirements in advance.
Poison Forge Laboratories	Posted - 2011.02.22 23:20:00 - [356] Originally by: Fulbert I apologize for interrupting your conversation but... What is the new Cash Reserve limit, please? 150 bil? Its been held at 150b but we had a withdraw so now its open up to that again.
Poison Forge Laboratories	Posted - 2011.02.22 23:23:00 - [357] Edited by: Poison on 22/02/2011 23:23:42 Originally by: RAW23 Originally by: Proton Power All an audit proves is that he has minerals and bpo's, sells some capitals. It does not provide an actual safeguard against scamming. If you want a confirmation that he has what he claims, I can pretty much tell you he does, since I haul the majority of his minerals for him for the capital construction, and some for the exchcange when block is moving minerals from one hub to another. An audit on somthign like this is stupid, but I will gladly volunteer to verify how many of Each Mineral type he holds, aprox value based on current market prices, what BPO's they hold, and that they are selling/buying minerals and capital ships. Don't see why Block would allow an audit but hey what ever. Actually, the thing that really needs the audit is BSAC rather than the cap ship production business. The audit system for this business, is, I understand, to provide the ground work for a more widespread system for BSAC as a whole. @Poison - Thank you for the figure re: your stake in the business. Investors can now make their decisions based on the figure of c. 480bil in public isk held by BSAC. As to the auditor, rather than people just throwing names at you, could you outline what your requirements are and what role the trustee(s) will play in the new system? If, for instance, the system will be such as to require that the software be vetted it will be important to know that in suggesting someone for the role. Can you think of anyone that you would be happy to conduct the audit? Equally, is there anyone you think might be suggested who you would not be happy with? the easiest way to find someone acceptable would be to lay out your requirements in advance. Block will have to answer this for you since he is the one working on this. I never meant to hide what I had invested and have made parts of what i own public. I am using what I own as back up to cover incase of a scam/hit by a bus.
Block Ukx Forge Laboratories	Posted - 2011.02.23 01:16:00 - [358] The Capital Ships Fund (CSF), which was recently expanded, is part of BSAC. The role of the API Trustees is to overview the corporation data supplied in the website. The data posted in the website should be sufficinet for anyone to perform their own audit, or they can chose to pay for someone else to do the audit. This will become more clear once the system is in place. BSAC Stock Exchange - EVE's only real-time stock exchange
Kalrand GoonWaffe Goonswarm Federation	Posted - 2011.02.23 09:46:00 - [359] Originally by: Block Ukx The Capital Ships Fund (CSF), which was recently expanded, is part of BSAC. The role of the API Trustees is to overview the corporation data supplied in the website. The data posted in the website should be sufficinet for anyone to perform their own audit, or they can chose to pay for someone else to do the audit. This will become more clear once the system is in place. Will trustees have access to the API key used to generate this website data?
Varo Jan Caravanserai Consulting	Posted - 2011.02.23 10:42:00 - [360] Originally by: Block Ukx The role of the API Trustees is to overview the corporation data supplied in the website. The data posted in the website should be sufficinet for anyone to perform their own audit, or they can chose to pay for someone else to do the audit. This will become more clear once the system is in place. An audit relies on a review and analysis of source documents. In RL the meaning of source documents is obvious. In EVE it means access to relevant information directly from CCP. Data posted on your website is not source data, could have errors, or could have been intentionally tampered with. In short - there's no need to wait for your system. It is impossible to carry out an audit based solely on your website.

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