i am happy to announce there is going to be a solution to this. Gurrty will get back his fair valued "investment" as suggested by theymos. The first step is to find the value of the assets traded for the contract as theymos advised. Since theymos is GLBSE owner he is the best fit to advise how much the asset traded was worth.
We will wait for the owner of GLBSE, theymos, to respond before the arrangement of the payment.
theymos, please advise us on what your assets were worth at the time.
Thank you for your advice and assistance in this matter.
I was not the owner of GLBSE. GLBSE was clearly owned by Nefario, as he was able to shut down the site without the approval of BitcoinGlobal, and despite my own vehement protests. However, I do have some knowledge of the GLBSE market situation at the time, so I'll be happy to advise in this case.
The contract is nonsensical and should be thrown away, but Gurrty deserves the value of his principal back. After some research, I've determined that the GLBSE market price of TYGRR.BOT was between 0.75 BTC and 1.04 BTC per share around June 5, 2012, but only for much smaller volumes. Since the contract's specified price of 1 BTC per share is within this range, I believe that it is best to take this price to be the actual value of the shares at the time of the contract. Therefore, the principal was worth 5762 BTC, or 30,999.56 USD at the time. Adding a reasonable 12% interest rate compounded daily for 1.97 years results in 39,265.02 USD. I judge that this is the amount owed to Gurrty by Goat.
Thankfully, I don't have to give out scammer tags anymore, so you can take this judgement or leave it...
So theymos judge 39,265.02 USD is the amount owed to Gurrty by Goat.
Thank you Goat for accepting this debt.
I understand I can decide if I want a bank transfer or BTC? I prefer Goat to send me BTC equal to 39,265.02 USD. It can be a bit hard to decide exact market price. But I suggest Todays Open on bitstamp 2014-05-25. That is 528.44 USD per BTC.
That is 74.3 BTC. Thoughts?
It should be sent to this address;
1G5w9hA4FCYbCxwUSnCUy799AHfcBGdHnQ