I'm sorry, but what's to stop BitFunder from going south tomorrow? Or did I miss something?

The regulatory environment in Canada is rather more promising than the present situation in the United States, due to a regulatory ruling regarding Bitcoin last year on the part of Revenue Canada (the Canadian equivalent of the IRS). Under Canadian law, Bitcoins are most analogous to gold (i.e. a commodity) and are not money. When exchanging Bitcoins for fiat, one therefore creates the only relevant taxable event in the chain of transactions. The differences between the securities environments in the United States and Canada are also worth noting. Canada lacks a federal securities regulator (despite a small step having been taking towards one last week), and the provincial securities regulators are therefore less powerful and consequently far less aggressive than the SEC. Most security regulation infractions in Canada are a civil matter rather than criminal and IIROC (the Investment Industry Regulatory Organization of Canada) is a opt-in style self-policing organization within the securities industry rather than a government agency.

Some sources to get you started on your own reading if you're curious:
http://www.cbc.ca/news/business/revenue-canada-says-bitcoins-aren-t-tax-exempt-1.1395075
http://www.theglobeandmail.com/report-on-business/flaherty-new-securities-regulator/article14407154/
http://en.wikipedia.org/wiki/Canadian_securities_regulation
http://en.wikipedia.org/wiki/Investment_Industry_Regulatory_Organization_of_Canada

Just to throw in some information they have a company lightbox technologies and run their own exchange at canadianbitcoins.com along with havelock.

They also talk a fair bit with cavirtex so they are in my opinion one of the leaders in determining the legal environment in Canada.
http://www.lightbox.ca/
https://www.canadianbitcoins.com/

That said when burnside gives more info havelock will be able to reply better so we can just observe for now.

first off...what a ride its been...I sold everything off few weeks ago...still kicking myself for not selling off when i had double my coins but oh well...still made a couple hundred off btctc...lucky i sold then and not now...well good luck to you creativex n everyone else...I'm cashing out my btc for fiat since i dunno if it is going to hit over 200 anytime soon...plus i need to pay off some bills...btc is just way to unstable for my taste...turned 500-1k (didn't really keep that good track what i put into btc) into 5k...I'll take it cya

I dont quite understand how WE is "just one thing that could go wrong". Its literally like 1 minute that you have your BTC at that site and tranfer is instant. Ukyo own both of them and I never Had even smallest problem with WE, also it provides extra security for you.

1st lock the shares (Now)

2nd move to another exchange (before the end of next week)

Not "safer", but still operational (i.e. neither of them have suggested they might close their doors in one month's time).

Or are there other options out there you consider "safer"?

Just trying to get an idea of which way you are leaning (and how liquid the market for shares might be in future).

The issuer has been at personal risk all along, as has the operator of the exchange the issuer chose. While we don't know exactly what happened to cause burnside to shut down, we do know that he holds the vast majority of shares of global and we know he did not sell at the top. Those shares have fallen by 96%. This is not a GLBSE shutdown with the exchange operator absconding with everyone's coins. It appears that he's being screwed harder than anyone with this shutdown.

Stopping people from exercising their right to buy or sell isn't appropriate.

I'm sorry btct.co hurt your feelings. I'm also not happy about any of this, but I'm trying to make decisions based on information not emotion.
 

Assuming for a moment that's correct, how can you possibly feel comfortable having a position in icedrill with ActM and numerous other questionable assets listed on bitfunder? Asset issuers on bitfunder can unilaterally alter their own contracts. How long do you suppose before there's a huge blow up there?

Let's talk to Ukyo... If that's the only issue. I'm sure it can be resolved!

Seems to me we don't really have many options

But listing companies in more than 1 exchanges sounds like a good idea going fwd