The B&C Exchange network has recently suffered from connectivity problems and low difficulty, partly due to a lack of interest. There has been a lot of discussion going on in recent days to revive the mostly forgotten network, as it has become clearer we now have the funding to continue development in earnest.
I independently became aware of these grants less than 2 hours ago. While blockchain research is needed to clarify the situation, it appears these were passed by a single minority shareholder exploiting the recent low difficulty and poor connectivity.
I expect that B&C shareholders won’t allow the grants to stand, and @sigmike has agreed to release a new version of B&C Exchange that contains a checkpoint that will cause clients on the new version to mint on a separate fork that excludes these grants.
BlockShare holders will be able to use the new version of the client to essentially erase these grants from blockchain history, and we can be nearly certain this is what will happen.
Currently, BlockShares are not listed on any exchange. That simplifies our task of creating a fork that excludes the grants. Similarly, it is strongly recommended that BlockShares not be purchased until this matter is resolved, because BlockShare transfers will be forked out, just like the grants.
BlockShare holders should watch for the new version from @sigmike, and use it to mint as soon as it is available. That is all that is needed to resolve this matter.