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Why not? That's the entire point of crypto. $30k is $30k so long as it's in a liquid form.
And before you say "But we'd all notice!", well then so what again? Is SEC enforcement still on your speed-dial?
And who's to say it stays at 7 cents a week from now? They control all of the coins minted to-date so what's stopping them from running it to a dollar tomorrow? Hell they could even say it ran based on today's NEWS. Where might someone learn to do such things? Pennyland.
I assume one has to be a paying member to play this game?
No I don't think they'd be doing this if they weren't running out of paid subscribers. This is just a way for them to charge for "Liking" posts.
I think most people will use the Faucet.
The Faucet?
Am I supposed to take that seriously?
Somebody just made that shit up a few hours ago.
I think it's more likely to be used for insiders to anonymously compensate stock promoters, indirectly implicating every other iHub user who ever received a coin "donation" from either of those parties when they get caught.
iHub's system circumvents all disclosure rules and cleanly launders the payment. For a quick 30% fee to the house, of course.
It's brilliant (in a suicidal way).
You just created a Silk Road marketplace for illegal stock promotion services, except this one has the added bonus of exposing ALL of your users to legal jeopardy once the first scheme using these coins blows up. We both know it's going to happen and then the Feds are going to crawl up the asses of every other user who received coins from those parties.
I really thought you guys had better lawyers than this.
Please disable my account's ability to receive these coins.
Now insiders can directly compensate promoters anonymously with a 30% kickback to iHub. Fantastic idea. What could possibly go wrong?
Those pesky disclosure laws are irrelevant now. Congratulations.
That premise should be checked.
Thoroughly scrutinized by all the regulators with acronyms is a good start.
If I donate to a specific IRP's post does that count as an additional undisclosed promotion? The possibilities are just endless.
No but it's a neat way to pay iHub to move certain posts to the top of the page and keep them there. That's all this is.
Better question: why not just post bitcoin/eth/whatevercoin addresses in each post or is that a TOU violation?
I'm still holding out hope that this is an early April Fools joke or a trick for investorshangout.com to copy and be mocked for.
That's a fun 8K:
And gives that post a bit of a highlight.
Oh, so it's a way to get posts moved to the top of the page for a fee paid to iHub. I'm sure that'll never be abused...
How embarrassing this all must be for you.
I have a question. Have you people lost your damned minds?
Now pay me!
You know that saying "there's a sucker born every minute?" That's been iHub's business model from the beginning. This is just the next logical step.
Just wait until somebody's Lamborghini gets pulled over in Texas with a laptop full of PlusCoin.
I propose an immediate hard fork. We can call it BasherCoin.
Reminds me of this parody news story that actually fooled millions of people:
Wait, where do the coins originate from? Are they suggesting users buy these coins in order to give them to other users by liking their posts or does iHub just randomly issue them to their users? Is this a joke? A little early for April Fools.
That's the sleaziest thing about Foley. He has ripped people off to the point that they have no choice now but to be unpaid promoters for him. And he silently lets them.
What's the bid? Yeah, nobody is being fooled.
$50 in volume? Seriously? What a joke. Nobody is being fooled.
As of February 2 3:06PM EST
Today is Feb 5th.
NTEK currently has 120M NTGL shares in the NTGL treasury that we allocated for the purchase of the gaming assets from NTEK.
What happened to the other 30 million? It was supposed to be 150 million shares...
Ahhh, wha happened?
What happened to the weekly Shareholder Letter? Don't tell me they broke that promise after the first week.
The SEC says that IFUS can not increase the AS shares or do a R/S, or R/M with out first filling audited financials for 2011 to 2017.
LMAO!!! Please tell us where the SEC says that?
Hint: IFUS filed a Form 15. They don't have to file anything with the SEC.
How much are you still trying to sell?
What is the connection with Bridgeport/Smaran?
As CEO and President of CRIM that was Parkinson's responsibility.
Parkinson was in charge of CRIM according to both the Nevada Sec of State and OTCMarkets.
Parkinson is still listed as the CEO of CRIM. Everything he touches fails.
CRIM was revoked today. Nice merger there Parkinson!
Oh please nobody believes that.
Shameless promoter fights are always fun.
The amendment would probably also include the reverse split, but if it's a Nevada company, you wouldn't see the latter in the public information provided by the NVSOS.
A split will show on the NVSOS page as an amendment but without any details. You can, however, order a copy of that split amendment from them for $2/page.
It looks like Parkinson is transitioning in that first pic.
It's still a mystery to me how that shareholder meeting/vote was legal. Who had the authority to call such a meeting if all the officers and directors resigned last summer?
No, it's an automated script that reposts EVERYTHING the newswires put out. It's meaningless.
The NY Dept of State's site doesn't allow direct linking so you have to start here:
https://appext20.dos.ny.gov/corp_public/CORPSEARCH.ENTITY_SEARCH_ENTRY
Type "bridgeport/smaran" in the entity name field, set the Name Type field to 'All' and the Search Type field to 'Contains'. Enter the captcha and click search.
That's not from CNBC, they're just reposting. Many websites repost press releases scraped from newswires.