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Re: lesgetrich post# 92971

Saturday, 02/17/2018 12:04:25 PM

Saturday, February 17, 2018 12:04:25 PM

Post# of 112680
RFLMAO Pure BS AGAIN ZERO Benefit to OBITX/MCIG

The $12 mil private commitment is for KrypNetworks, not OBITX.

The $12 mil is to support their ICO, not for implementing new ATMs by their own company (as opposed to OBITX as a franchisee - who would have to use their own $$ to buy more ATMs).

KrypNetworks is soliciting franchisees for the installation of ATMS. It's unlikely that they will spend a single penny for any ATMs.

KrypNetworks is unlikely to be an actual manufacturer of ATMs; and likely subbing that out to real ATM manufacturers.

So, again - since OBITX and MCIG owns 0% of KrypNetworks - there is 100% NO BENEFIT to OBITX and MCIG - as to what KrypNetorks does at all.

OBITX will only make money on transaction fees as a franchiser of KrypNetwork ATMs. That's it - RFLMAO. They DEFINITELY WILL MAKE $0 ON any ATMs that KrypNetwork installs on their own/sells contracts on their own APART from OBITX.

That's not how things work since OBITX is allegedly a franchisee of KrypNetwork, not the other way around.

There is no evidence that there are other franchisees of KrypNetwork ATMs.

There is no evidence of a live network

There is no evidence that OBITX has successfully sold any ATM contracts on their own.

So, OBITX revenues = $0



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