Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
How much do they get per Transaction anyways?
Can anybody answer or point out where to find this pretty significant Detail? Is it a certain percentage of the Transaction or is it a specific amount per Transaction? Who is charged for it, the Doctor or the Patient?
Head of Online Currency Exchange Found Dead in Singapore
By Javier E. David
Autumn Radtke, the CEO of an upstart online currency exchange, died last week under mysterious circumstances at her home in Singapore.
Radtke, the U.S.-born head of First Meta, was found dead by local police Feb. 28, with the cause of death yet to be determined. In a statement on its website, First Meta said the company "was shocked and saddened by the tragic loss of our friend and CEO Autumn Radtke."
In an interview with The Wall Street Journal, the company's director and nonexecutive chairman, Douglas Abrams, said the exact cause of Radtke's death was "still under investigation."
Prior to taking the reins at First Meta in 2012, the 28-year-old Radtke had once closely worked with technology giant Apple, to bring cloud-computing software to Johns Hopkins University, Los Alamos Labs and the Aerospace Corp., according to her biography. She then took up business development roles at tech start-ups Xfire and Geodelic Systems, according to information on her LinkedIn profile.
First Meta bills itself as a clearinghouse for the purchase and exchange of virtual currencies, including bitcoin.
Her death comes as troubles swirl around the nascent cryptocurrency industry, and amid a rash of suicides in the financial industry as a whole.
Last week, the world's largest bitcoin exchange, Mt.Gox, imploded; meanwhile, nearly $500 million in client funds vanished overnight. Elsewhere, untimely demises unrelated to bitcoin have claimed the lives of bankers at JPMorgan, Deutsche Bank and Zurich Insurance Group.
http://www.nbcnews.com/business/business-news/head-online-currency-exchange-found-dead-singapore-n45101
lol ok , my bad
He can speak for the Company,
but can he speak for the Debt holders?
NO AH trading for OTC
it was a T-Trade for 80k shares at 16:07
http://ih.advfn.com/p.php?pid=trades&symbol=NO^SOCR
It'll open tomorrow at the closing price of .0251
To answer your Question:
WHY would they need to UPDATE the SS?
Didn't they tweet various times that NOTHING has changed?
Did they LIE when they tweeted this:
Don't worry, just Profit taking here...
as outlined various times by a few.
Nothing has changed all good, ready to explode, or was it implode?
SS still unchanged per the Tweets from the Company.
Oh forgot, the float too
GL
Reading the Board, it's called Profit taking...
as outlined various times today by a few here.
The CEO says NO Change to the Float, but i think he knows better.
Example: 2/20 vol= 3.42M and the stock closed down.
with 3/4 of the Float trading on a single day it's hard to believe that the float hasn't changed at all, no?
The CEO inlike some othere were posting, can't sell any of his 100M shares until June or so.
Who is or can sell and would have a vested interest to sell some shares?
As we know the CEO has deleted his Lie about the conversion of max 500k shares per year, starting 2015.
But yet he failed to give at least the basic details like timeframe, amount or limitation by stating it's confidential.
Wonder how all the other Companies are able to list the basic terms?
Maybe that's something just for these SPECIAL Debtholders?
BTW don't forget that they hold another Note too ~$300k. Wonder when we'll see some finalized Terms for that Note... It's coming, that's a fact imo.
Just Coincidence...
News and a paid Promotion on the same Day. LOL
POS 3K Promotion today
POS= PennyStocks on Steroids
PennyStocks on Steroids as a subsidiary, has been compensated 3,000 dollars for a one day advertising campaign on SOCR by Media buyer BAS1 LLC
LOL Tweet from the CO:
hahaha yeah you're right it could be worst.
Mt. Gox bitcoin site disappears -> Could be Bad News For Bitcoin related Companies
Bitcoin exchange Mt. Gox offline amid 'insolvency' charges
Troubled exchange's Web site and Twitter feed wiped clean as trading is apparently halted.
Embattled Bitcoin exchange Mt. Gox has largely vanished from the Internet amid accusations that the exchange is insolvent after a years-long theft that resulted in the loss of hundreds of millions of dollars.
The Web site for the Tokyo-based exchange has been wiped clean, as has its official Twitter feed. A screen shot posted by a Reddit user indicates that trading on the exchange has been halted.
The exchange's apparent shutdown was linked to an alleged hacking that went unnoticed for years, according to a purported internal Mt. Gox document circulating on the Internet. Labeled "Crisis strategy draft," the document reports that the exchange suffered a loss of 744,000 Bitcoins, about $350 million at Monday's trading, and outlines a scheme for restoring confidence in the exchange.
Ryan Galt, a Bitcoin blogger and former venture capitalist, said he received the unverified document from "an otherwise reliable source." Galt, who wrote that he would work "feverishly" to determine the document's authenticity, called the situation outlined in the document "catastrophic."
"I do believe that this is one of the existential threats to Bitcoin that many have feared and have personally sold all of my Bitcoin holdings," Galt wrote.
Related stories
Mt. Gox resigns from Bitcoin Foundation Board
I bought $20 worth of bitcoin at an ATM in Albuquerque
Bitcoin ATMs landing in the US
Meanwhile, a group of Bitcoin organizations issued a statement Monday in which they initially discuss the "insolvency" of Mt. Gox, once of the largest exchanges for the crypto-currency. The statement sought to reassure Bitcoin users of the industry's stability more than two weeks after the Tokyo-based exchange suspended customer withdrawals and a day after it resigned from the board of the Bitcoin Foundation, the organization that promotes the currency.
"This tragic violation of the trust of users of Mt.Gox was the result of one company's actions and does not reflect the resilience or value of bitcoin and the digital currency industry," read the statement, which was signed by the co-founder of Coinbase and the chief executives of Kraken, Bitstamp.net, BTC China, Blockchain.info, and Circle.
CNET has contacted Mt. Gox for comment and will update this report when we learn more.
Reports of halted trading and insolvency took the Bitcoin Foundation by surprise.
"We are shocked to learn about Mt. Gox's alleged insolvency," the foundation said in a statement. "While we are unable to comment on whether or not Mt. Gox's business operations employed operational best practices and reasonable accounting procedures, we can assure the public that the Bitcoin protocol is functioning properly."
The troubled exchange suspended customer withdrawals on February 7, claiming a fundamental flaw existed in Bitcoin that affected all transactions. While Mt. Gox said the Bitcoin Foundation should address the bug, the foundation countered that the issue lay with the exchange's wallet service and customer support procedures. Last week, Mt. Gox apologized for the issue and said it had developed a workaround that would allow it to resume service, but that has not yet happened.
The Bitcoin leader's statement, which was initially titled "Joint Statement Regarding the Insolvency of Mt.Gox," is now titled "Joint Statement Regarding MtGox":
The purpose of this document is to summarize a joint statement to the Bitcoin community regarding Mt.Gox.
This tragic violation of the trust of users of Mt. Gox was the result of one company's actions and does not reflect the resilience or value of bitcoin and the digital currency industry. There are hundreds of trustworthy and responsible companies involved in bitcoin. These companies will continue to build the future of money by making bitcoin more secure and easy to use for consumers and merchants. As with any new industry, there are certain bad actors that need to be weeded out, and that is what we are seeing today.
We are confident, however, that strong Bitcoin companies, led by highly competent teams and backed by credible investors, will continue to thrive, and to fulfill the promise that bitcoin offers as the future of payment in the Internet age.
In order to re-establish the trust squandered by the failings of Mt. Gox, responsible bitcoin exchanges are working together and are committed to the future of bitcoin and the security of all customer funds. As part of the effort to re-assure customers, the following services will be coordinating efforts over the coming days to publicly reassure customers and the general public that all funds continue to be held in a safe and secure manner: Coinbase, Kraken, BitStamp, Circle, and BTC China.
We strongly believe in transparent, thoughtful, and comprehensive consumer protection measures. We pledge to lead the way.
Bitcoin operators, whether they be exchanges, wallet services or payment providers, play a critical custodial role over the bitcoin they hold as assets for their customers. Acting as a custodian should require a high-bar, including appropriate security safeguards that are independently audited and tested on a regular basis, adequate balance sheets and reserves as commercial entities, transparent and accountable customer disclosures, and clear policies to not use customer assets for proprietary trading or for margin loans in leveraged trading.
The following industry leaders stand by this statement:
Fred Ehrsam -- Co-founder of Coinbase
Jesse Powell -- CEO of Kraken
Nejc Kodric -- CEO of Bitstamp.net
Bobby Lee -- CEO of BTC China
Nicolas Cary -- CEO of Blockchain.info
Jeremy Allaire -- CEO of Circle
http://news.cnet.com/8301-1023_3-57619465-93/bitcoin-exchange-mt-gox-offline-amid-insolvency-charges/
Mt. Gox bitcoin site disappears
By Michael Kitchen, MarketWatch
MADRID (MarketWatch) — Bitcoin prices tumbled to levels not seen in months on Tuesday after the popular bitcoin exchange Mt. Gox went blank amid reports that trading was halted earlier and that the website may have been deleted.
The website was functioning on Monday evening. A report on Business Insider cited customers of the Tokyo-based bitcoin platform as saying they received messages saying trading activity was disabled, while two sites monitoring Mt. Gox said there was currently no activity. On CoinDesk, the price of a bitcoin was down 22% to $423.16, at levels not seen since November..
A subsequent Wall Street Journal report said the entire site — mtgox.com — appeared to have been deleted, as accessing the site yielded an answer from the site’s server but displayed nothing.
Business Insider reported that the issue could be temporary, given a tech glitch earlier Monday at popular bitcoin wallet service Blockchain.info. The AFP quoted Japanese regulators as saying they were “not in a position to take action,” over the site’s shutdown.
As to how much is at stake, media reports also alluded to a document circulating in the bitcoin world that said hackers had stolen 744,000 bitcoins, worth around $350 million at current prices, from Mt. Gox in a theft that had gone on for years. That theft which would represent about 6% of 12.4 million bitcoins in circulation. MarketWatch has not seen the document, nor can it verify its authenticity.
The issues at Mt. Gox followed the surprise resignation of Gox executives from the Bitcoin Foundation, prompting the firm’s bitcoins to trade at a sharp discount to the currency’s rates at other bitcoin dealers.
The disappearance of the Mt. Gox site also came after chief executives of six other large bitcoin exchanges and businesses sought to assure customers that their funds were safe. On The Coinbase Blog chief executives of the firms — Blockchain.info, exchanges Bitstamp, BTC China and Kraken, along with broker/payment processor Coinbase, and payment firm Circle Internet Financia — issued a statement touching on concerns of insolvency at Mt. Gox..
“This tragic violation of the trust of users of Mt. Gox was the result of one company’s actions and does not reflect the resilience or value of bitcoin and the digital currency industry,” said those executives, who added that they were certain the industry would continue to thrive provide d it’s led by “competent teams and backed by credible investors.”
On Redditt, a social news website, in a string entitled “Gox horror story thread -- How much did you lose?” , the discussion ranged between losing thousands and getting out just in time.
The rise of bitcoin has triggered a lively debate over the risks and rewards of virtual currencies. If you’re interested in bitcoin, and will be in New York on Tuesday, March 4, you’re invited to join us for an evening of cocktails and conversation on the topic. MarketWatch Senior Columnist Robert Powell will moderate a panel discussion with guests Todd Harrison, founder and CEO of Minyanville Media, and Mark T. Williams, a banking and risk management expert and a professor at the Boston University School of Management. This MarketWatch Investing Insights event is free, but space is limited. To attend, just RSVP to MarketWatchevent@wsj.com by Friday, Feb. 28.
http://www.marketwatch.com/story/mt-gox-bitcoin-site-disappears-2014-02-25?link=MW_pulse
Latest Tweet:
SolPower Corp @SolPowerCorp
I also want to make clear that if anyone says I told them anything. They are lying. Plain and simple. Don't fall for their deceptions.
In reply to your earlier Post...
Figures...
Let's have a closer look at the CEO
From one of the "Letter to shareholders":
IReport Article was posted 3 times
Here are the THREE Links:
http://ireport.cnn.com/docs/DOC-1093868
Author: By sigfried2013 | Posted February 22, 2014 (account already closed)
http://ireport.cnn.com/docs/DOC-1094551
Author:By CNNGroup | Posted 22.02.2014 18:08
and the same Article again but with a different Logo (same as the IBox shows):
http://ireport.cnn.com/docs/DOC-1094726
Author: By CNNGroup | Posted 23.02.2014 03:11
They deceided to post two more Articles within the last 10 hrs, to make it look more legit i'd guess:
Medical Marijuana Cultivation Proposal Advances In New Hampshire
By CNNGroup | Posted 23.02.2014 05:20
http://ireport.cnn.com/docs/DOC-1094729
Michigan Representative Supports States Rights On Marijuana Policy
By CNNGroup | Posted 23.02.2014 05:23
http://ireport.cnn.com/docs/DOC-1094731
On Top of that, a german Pump Crew showed this Ticker already a few hours ago on their Webpage as their new Pick for tomorrow as shown already here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97711204
Here are the THREE Links:
http://ireport.cnn.com/docs/DOC-1093868
Author: By sigfried2013 | Posted February 22, 2014 (account already closed)
http://ireport.cnn.com/docs/DOC-1094551
Author:By CNNGroup | Posted 22.02.2014 18:08
and the same Article again but with a different Logo (same as the IBox shows):
http://ireport.cnn.com/docs/DOC-1094726
Author: By CNNGroup | Posted 23.02.2014 03:11
They deceided to post two more Articles within the last 10 hrs, to make it look more legit i'd guess:
Medical Marijuana Cultivation Proposal Advances In New Hampshire
By CNNGroup | Posted 23.02.2014 05:20
http://ireport.cnn.com/docs/DOC-1094729
Michigan Representative Supports States Rights On Marijuana Policy
By CNNGroup | Posted 23.02.2014 05:23
http://ireport.cnn.com/docs/DOC-1094731
They posted it twice already...
CNNGroup Joined Feb 22, 2014
Same attempt to push a company via a so called CNN page as previously done with BITCF (formerly BITC)
Its CNN IReport not CNN! Everybody can post his nonsens there.
Reduction of the O/S doesn't mean reduction of the Float.
So far you went always with the 4M Float, why are you changing now towards the O/S? Does it mean the Float has changed and wasn't updated on the OTC Page?
Next week will be telling imo...
35K Debt = 350M shares!
and another 300k Note, i know you know the details Sir.
WHERE do you see it'll happen in 2015?
There are no Terms attached to the Quarterly.
the Year was given per a Tweet from the Company and got removed later on.
Is that why he removed his Tweet?
as you state 500.000 per year for 350M shares is 700 year contract... even if it's for each debt holder it's still a 350 year contract.
Small amount of debt?
For shares he got at .001??
Not a bad Gain at current levels.
But HIS shares are still restricted.
A. Common shares
B. Charles Nienstedt – July 1st, 2013
C. 100,000,000 Shares
D.Issuance was done at price of Par value ($0.001)
E. Shares are restricted.
F. Shares DO contain a legend stating that they have not been registered under the Securities Act and outlining the restrictions from sale under Issuance History
So who else can sell?
Only the Debtholders, Ray Barton and William G.Goode (who also signed the Attorney Letter) for a nice 40k% gain at given levels.
JMHO
The lates Quarterly Report doesn't mention "No Dilution"
instead it clearly states:
7)Describe the Issuer’s Facilities
A. The company Leases office space in Pompano Beach Florida, on a
month-to-month bases for $300.00 per month.
Does a Forwarding Mailbox count as Office Space?
SOCR's "Central Office in Pompano Beach Florida"
Per the Quarterly Reports:
Address of the issuer’s principal executive offices Company Headquarters
Address 1: 2637 E Atlantic Blvd #25920
Address 2: Pompano Beach
Address 3: FL 33062
Phone: 877-531-6613
Email:info@solpowerco.com
Website(s):solpowerco.com
IR Contact
Address 1: 2637 E Atlantic Blvd #25920
Address 2: Pompano Beach
Address 3: FL 33062
Phone: 877-531-6613
Email: info@solpowerco.com
Website(s): solpowerco.com
SOCR "Central Offices in Pompano Beach Florida"
Per the Quarterly Reports:
Address of the issuer’s principal executive offices Company Headquarters
Address 1: 2637 E Atlantic Blvd #25920
Address 2: Pompano Beach
Address 3: FL 33062
Phone: 877-531-6613
Email:info@solpowerco.com
Website(s):solpowerco.com
IR Contact
Address 1: 2637 E Atlantic Blvd #25920
Address 2: Pompano Beach
Address 3: FL 33062
Phone: 877-531-6613
Email: info@solpowerco.com
Website(s): solpowerco.com
BTW he changed one Debt Holder Name!
Now listed as Globe Idol Capital (as already suspected) and not longer Global Idol... which can directly lnked to the Attorney that signed also the Attorney Letter for them -> William G. Goode
Eastlight (should be written East Light Enterprises -> Ray Barton) is still written the wrong way.
It wasn't on the last quarterly either
But yeah it's on record
My best guess for that is: 350M
And yes, you could go with the from the Shareholder Letter, No raise of the O/S. BUT can he speak also for the Debt holders?
Since there are NO Terms shown for the conversion, there might not be any restriction on them. Who knows? Only Mr. Goode, Mr. Barton and Mr. Nienstedt, since the Terms aren't mentioned in the quarterly Report.
Black or white, good or bad, at least something to consider, imo.
GL to all
I think he is taking about this Tweet: