Pages:
Author

Topic: [ANN] "BitBaY" Commission Bonds thread! - page 9. (Read 16678 times)

full member
Activity: 378
Merit: 102
January 09, 2014, 10:49:48 AM
So this thing is run by a woman who sells used panties online?

You people are crazy.
full member
Activity: 238
Merit: 100
January 09, 2014, 10:42:31 AM
Hi Cassie, I am not a shareholder. Thankfully I never invested but am interested in how this thing unfolds. It seemed to me from the off that the other party was highly economical with the truth and without knowing the facts it seemed clear that whatever you may or may not have done, you were trying to launch the project and did not want to rip-off investors.

I wish you and those investors who shares you currently hold success in the business. By the looks of it you have in your possession funding from 101 shares.

Is your current site also based on a template? Does not look custom-coded to me.
sr. member
Activity: 354
Merit: 250
January 09, 2014, 10:28:15 AM
Well Cheeky to you and all the other share holders, I sincerely wish I could change what has happened. Bad decisions where made and for that I am very sorry. The only thing I can do now is Learn from those mistakes and move forward. I will continue development on Bitbay and all of us can move of past this.
I want to set all of this right and I refuse to to give up.

To move forward all of the bad press needs to stop. If we can all stop the negativity on Bitbays op and Justin's it would be a positive thing for investors and the future of bitbay. I understand that there is a substantial amount of money involved in this and emotions can get the better of us all.

If Justin doesn't payback investors I am willing to pay all of you back for the first round out of pocket with my allotted salary from Bitbay. As for the last round of shares they are safe and secure with me and will be put toward further development.

All remaining funds will be fully documented and posted weekly on the op. I will also be appointing a project manager in the coming days to guide a team of trusted designers and coders. There will be a closed G+ meeting with me and the appointed project manager Saturday for all investors. If you cant make it we can scheduled a one on one.I should be releasing the time for the meeting today on the op. Below is a preview of Bitbays new model and a list of the current share holders funds I currently hold.



If you have any questions or concerns please feel free to pm me.

Bitbay's new Model. Use Ctrl +  - or Ctrl scroll to zoom in or out http://mentalgauge.com/bitbay.jpg


  Current shares :
  
  reader31 - 10 shares

  aysyr - 20 shares

  vega -10 shares]

  mart19 - 50 shares

  vesperwillow - 1 share


 Thank you for your time, patience and understanding.

 ~CassieHeart



Delayed ever so slightly as Cassie and I were unable to meet today to review before I post.

I will, however, post this link under the condition that for now, it is a NON SHARED document. When it is fully ready to be viewed and I have added the blockchain.info links, I will share it for everyone to see.

https://docs.google.com/spreadsheet/ccc?key=0AsVvuskew8TmdFlnbXV0UDJlQXI5d2Z3UEpFbldaT2c&usp=sharing

What is the next step forward for all you investors?
full member
Activity: 238
Merit: 100
January 09, 2014, 05:26:59 AM
Delayed ever so slightly as Cassie and I were unable to meet today to review before I post.

I will, however, post this link under the condition that for now, it is a NON SHARED document. When it is fully ready to be viewed and I have added the blockchain.info links, I will share it for everyone to see.

https://docs.google.com/spreadsheet/ccc?key=0AsVvuskew8TmdFlnbXV0UDJlQXI5d2Z3UEpFbldaT2c&usp=sharing

What is the next step forward for all you investors?
hero member
Activity: 630
Merit: 500
January 08, 2014, 11:53:04 PM
Delayed ever so slightly as Cassie and I were unable to meet today to review before I post.

I will, however, post this link under the condition that for now, it is a NON SHARED document. When it is fully ready to be viewed and I have added the blockchain.info links, I will share it for everyone to see.

https://docs.google.com/spreadsheet/ccc?key=0AsVvuskew8TmdFlnbXV0UDJlQXI5d2Z3UEpFbldaT2c&usp=sharing
full member
Activity: 238
Merit: 100
January 08, 2014, 06:25:30 PM
Any personal details on this justin fellow? name, address?

I think he will see the light of day and refund all investors that no longer want to be (or never wanted to be) part of his project over the Cassie project.
hero member
Activity: 616
Merit: 500
January 08, 2014, 02:10:12 PM
Any personal details on this justin fellow? name, address?

hero member
Activity: 630
Merit: 500
January 08, 2014, 01:47:47 PM
Sounds like Cassie was the manager/idea person, but her workforce has taken the work and the money.

I think that happens to be the general consensus here.

Could someone please give an indication of how much BTC was invested in the BitBay project and how much was left with each party after Justin left?

Thanks

I will reveal this info tonight once Cassie and I have had a chance to go over what I want to post. Cassie has already confirmed what BTC sh has in a previous post... you can see the last 4 PGP signed messages. Those are the only coins she has right now and she is being responsible with them.

Thanks for your patience.

Keep the updates coming.

Aside from the btc, what's the status of who owns the code/rights to bitbay, the idea, etc?

As far as BitBay goes... justin's attempt to steal the name will not work... he is a minor... and his applications will be denied for whatever he tried to register. BitBay is Cassie's idea, the code justin left with was nothing more than edits made to a sub $50 PHP site that was purchased. Safe to bet all he did was implement the BTC related changes as it looks the same as the off the shelf product. Cassie has already started with a new dev with a much nicer layout, but it will take time since this is basically pushing the reset button.
full member
Activity: 238
Merit: 100
January 08, 2014, 01:38:25 PM
Sounds like Cassie was the manager/idea person, but her workforce has taken the work and the money.

I think that happens to be the general consensus here.

Could someone please give an indication of how much BTC was invested in the BitBay project and how much was left with each party after Justin left?

Thanks
hero member
Activity: 616
Merit: 500
January 08, 2014, 01:34:44 PM
Keep the updates coming.

Aside from the btc, what's the status of who owns the code/rights to bitbay, the idea, etc?
hero member
Activity: 630
Merit: 500
January 08, 2014, 12:08:15 PM
Bigger question is, what else has been compromised? Cubits v3? Scifi coin exchange? What next? Who's taking the lead on BitBay? Sounds like Cassie was the manager/idea person, but her workforce has taken the work and the money.

Further tinfoil speculation: It was all a ruse to begin with to get coins, and everyone played their parts?

You can put your tinfoil hat away... what has been aired publicly thus far is the truth... justin (the coder) had direct access to the wallet and repeatedly took the coins to his own wallet as they came in.

FYI, Cassie has been gracious enough to share screen shots with me that help show her side of things, and I now have the entire TX extract from the wallet justin took all the funds from... including every unique address in said wallet before justin cleaned it out completely.

I will be putting together a post tracking every one of these transactions and linking them to blockchain.info so it will be easy to see and publicly known where every piece of the stolen BTCs went.

Just to rehash the above... the wallet clearly shows all BTC being removed shortly after it came in, and Cassie has shown me what wallets she has and their tx details... she only has BTC from the last few investors... everything else from before the last few was taken by justin.
hero member
Activity: 616
Merit: 500
January 08, 2014, 11:28:51 AM
Bigger question is, what else has been compromised? Cubits v3? Scifi coin exchange? What next? Who's taking the lead on BitBay? Sounds like Cassie was the manager/idea person, but her workforce has taken the work and the money.

Further tinfoil speculation: It was all a ruse to begin with to get coins, and everyone played their parts?
full member
Activity: 238
Merit: 100
January 08, 2014, 11:18:17 AM
Ok, as an early investor I took a risk with this.

I saw http://www.bitbay.sx/, good design, good name, good idea.

I bought 50 shares. At the beginning it was going to be only 100-150 shares to be sold.

Now what? Over 200 shares sold and this.

The site Justin shows is a POS.

I still think this is a good project if taken seriously.

EDIT: I see... sorry for the edit, this site is for Cassie.

BTW, how much did you pay per share?

member
Activity: 85
Merit: 10
January 08, 2014, 11:00:38 AM
Ok, as an early investor I took a risk with this.

I saw http://www.bitbay.sx/, good design, good name, good idea.

I bought 50 shares. At the beginning it was going to be only 100-150 shares to be sold.

Now what? Over 200 shares sold and this.

The site Justin shows is a POS.

I still think this is a good project if taken seriously.

full member
Activity: 238
Merit: 100
January 08, 2014, 04:23:11 AM
From the sounds of this was suppose to be more of a partnership, then an employer, employee relationship. When your a 50/50 partner with someone it is hard to tell them "Well your my partner and have the same rights as me, but i am not giving to access to anything". Her mistake was trusting the wrong person to quick, and trying to gather capital before any real project was put in place.

Let us say it was a 50/50 partnership, it makes no difference now since your only objective is to get your money back. This is what Justin said on the other thread to Daemon:

@justin,

You have a responsibility to allow us to revoke our shares for a full refund, or at least transference of the invested BTC back to Cassie.

Since you did not disclose that these were YOUR allotted shares that we were buying, every one of your early round investors were lied to. We bought shares of "Bitbay" not "coding enhancements by justin" and as such, you need to allow people that request a way to exit without loss.

Consideration on this is very important moving forward if you intend to maintain developing in this community. You basically absconded with investor's funds and forced us into your business model. That is theft, and should anyone decide to take you to court, you would be found guilty.

I would suggest you allow each member on the OP assets list choose what they want to do. Otherwise, you have a very big problem looming overhead.

Also, what is this about you are 17... you do realize if you are not a legal adult... you cannot sign anything legally binding without your guardian also signing, unless you are emancipated. If this is true, your parents are now responsible for all the funds you collected and spent, and they can be liable for reimbursement.

Very troubling to say the least...

10 shares .25 BTC 1DAemoNXFNQxeDQAeRdEg245WvYsCfdgE9

You do not even have to respond if you choose to straight refund me. I will delete my posts from this thread should you do the right thing.

If you believe the site belongs to cassie then ask her for the refund. If you will excuse me I am working on BitAuctions. I will still release as planned. All share holders on the list are locked in.

If you investors do not do something to get your money back ASAP, there will be no money left because he will spend it all!

At least ask both parties how much of your funds each of them actually had before/after the split and how much they have now. Best way out of this is for all investors to get their investment returned, failing that the investment should be returned to Cassie and she should be allowed the opportunity to take your project forward or refund you all.
newbie
Activity: 7
Merit: 0
January 07, 2014, 10:04:33 PM
See these posts:

https://bitcointalksearch.org/topic/m.4371647

https://bitcointalksearch.org/topic/m.4378402

Two things...

1. It is unacceptable to delay important documentation... BitBay may be lost to you because of this and there is almost nothing you can do about it unless you can show some form of document being post dated prior to the other parties applications being sent in.

2. It is ENTIRLY unacceptable to give the PROGRAMMER access and charge of the ENTIRE cash base for a startup. If you wanted to keep your idea and be in charge... you have the responsibility of reigning in the participants by overseeing funding and payments. Allotting shares to a participant also REQUIRES a NDA stating they are unable to solicit money for said shares until a certain milestone is reached.

Huge F ups... and there is nothing that can be done to fix them.

If the project owner has given full access to cash to a coder then that is a big mistake.... negligent even but quite possibly an honest error, however, the signs look ominous for the investors with regards to getting their funds back as long as someone other than the project owner is in charge.



From the sounds of this was suppose to be more of a partnership, then an employer, employee relationship. When your a 50/50 partner with someone it is hard to tell them "Well your my partner and have the same rights as me, but i am not giving to access to anything". Her mistake was trusting the wrong person to quick, and trying to gather capital before any real project was put in place.
full member
Activity: 238
Merit: 100
January 07, 2014, 09:20:01 PM
See these posts:

https://bitcointalksearch.org/topic/m.4371647

https://bitcointalksearch.org/topic/m.4378402

Two things...

1. It is unacceptable to delay important documentation... BitBay may be lost to you because of this and there is almost nothing you can do about it unless you can show some form of document being post dated prior to the other parties applications being sent in.

2. It is ENTIRLY unacceptable to give the PROGRAMMER access and charge of the ENTIRE cash base for a startup. If you wanted to keep your idea and be in charge... you have the responsibility of reigning in the participants by overseeing funding and payments. Allotting shares to a participant also REQUIRES a NDA stating they are unable to solicit money for said shares until a certain milestone is reached.

Huge F ups... and there is nothing that can be done to fix them.

If the project owner has given full access to cash to a coder then that is a big mistake.... negligent even but quite possibly an honest error, however, the signs look ominous for the investors with regards to getting their funds back as long as someone other than the project owner is in charge.

hero member
Activity: 616
Merit: 500
January 07, 2014, 10:36:53 AM
2 times the Cubits coin failed, it's still not being traded anywhere, and now this. This was actually the best idea I've seen in awhile. I guess it's a good thing I couldn't buy in with many shares at the original offering when I tried, but it is still unfortunate. I knew something didn't seem right.
hero member
Activity: 630
Merit: 500
January 07, 2014, 10:11:23 AM
Two things...

1. It is unacceptable to delay important documentation... BitBay may be lost to you because of this and there is almost nothing you can do about it unless you can show some form of document being post dated prior to the other parties applications being sent in.

2. It is ENTIRLY unacceptable to give the PROGRAMMER access and charge of the ENTIRE cash base for a startup. If you wanted to keep your idea and be in charge... you have the responsibility of reigning in the participants by overseeing funding and payments. Allotting shares to a participant also REQUIRES a NDA stating they are unable to solicit money for said shares until a certain milestone is reached.

Huge F ups... and there is nothing that can be done to fix them.
sr. member
Activity: 354
Merit: 250
January 07, 2014, 06:15:31 AM

I would have liked to do all this in private but it didn't work out that way. I sincerely apologize for that and yes your shares are still valid.
It looks like as per Justin7674 Bitauction OP he will be transferring all the share he inquired to his new auction site.
and that looks Like it includes your shares.

Now what is it here? I got some shares, do I own these shares for both projects now? Or one, then who's?

dammit solve your issues in private when you got investors onboard!
Pages:
Jump to: