Its anyway questionable if they ever raised 53 million dollars.
10-30 followers here and there. Some fake twitter followers.
Mgo-telegram account mostly filled with poor people hardly able to invest smart and more than 1k bucks. Not worth to mention how few people watched their youtube-videos.
So either people who dumped long time ago sold MGO with loss and profits are real for Sholoms or everything was just blabla like most of the Sholom-Twins. I go for last.
https://icodrops.com/mobilego/https://coinmarketcap.com/currencies/mobilego/Definitely hit way more than $53 million at close of ICO in May 2017, the first link shows over $106 million was raised in the ICO (pre-ICO and ICO combined).
In January 2018 just 8 months after the ICO ended the price would have peaked at more than tripled that ICO amount.
Where has the money gone? Where have the "team" spent it or as some have suggested where have they siphoned it off to?
thats right.
So !!! 150-250 $ !!! million worth in ico money and all we got was this jack guy and nothing but bs.
If the Sec didnt go after these guys i dont know what it takes.
Got this email today:
"CEOs" Statement:
Dear All,
after period that I reserved for evaluate whole situation related to our business, time has come for action and for this statement.
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First and foremost, let me address subject of invested money and our business here.
There is a lot of "noise" about this "investor's money" subject, but for me it is very strange that main fact is forgotten - I have biggest interest to make success - and not just in shares/tokens, but with my personal reputation.
Therefore, I was always painfully reminded that for every action that I made - there could be someone hurt or disappointed.(developers that get fired etc).
With clear consciousness I could say that I made a lot of mistakes along this road - as every entrepreneur, or better gamer - everybody is trying to achieve "next level"...for game or for business
My mistakes were obvious - and all are related to people selection and real job delegation and management.
I also know why I make them - I was not present enough "in development" in person.
But, that price was made with the very same goal that we all want - to secure and boost our future products and coin on the market with huge support from biggest players in world.
And I done that successfully...and THAT is the difference between entrepreneur that is trying and that one that is actually doing.
Facts are that we now have:
professional management (finally) that are making difference in good way, and that is autonomous to me, only driven to achieve goal
already set up events and big players to support us on our "release", better than expected
I made decisions, good and not so good, but only result is measurement of success at the end for this. If I was every day in development before, that was not guarantee for neither success in sales nor finished product. But if I bring and bind biggest and best players in the world to support us, thats is different game. I could repeat, my only mistake is trusting some people, and that was lack of my experience. On the other hand, I bring big "fail safe" for whole business, so I removed risk of failure (and how much projects like this fail?)
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Second, and sadly very important - fact is that our business and its valuation is under malicious attack.
That will be also addressed on only possible way:
all immature and ridiculous demands will be redirect toward our Lawyers for appropriate answer
all previous and future malicious rumors, false claims in media will be handled by same Lawyers, and they will decide what is for lawsuit
direct threats and demands that are made will be addressed by our Lawyers more seriously, especially those that make damages to reputation and business
if anyone do have claims that he is entitled to something that he did not receive, it will be simple conversation between our lawyers that clear whole situation (if there is ground for that) or lawsuit and court*
*both ways are legit, and that is best method not to lose time and use emails as punching bag only
I allocated sufficient budget for legal protection and actions, and that will go "by the book" hereinafter. That is very important to know.
I will be focused only on business, and going to achieve big success here, even if some of involved people are trying opposite.
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Third, and not less important - "put your money where your mouth is".
I am investing myself and my money every day for this very Project/Mission/Business. I will not stop when I make mistake (and I will make them all the time, as everybody that create know well), but I will push harder and better up.
All people that invested in this Idea/Business should be aware that they could always check personally - where, how, who - what are doing every day. Come and see, simple.
But also, everybody should be aware that there is no back to repeat mistakes allowing anarchy in company. There will be no "compromises" with unsatisfied developers (that count for unsatisfied investors as well).
Reason is simple - there were too much malicious rumors and "trashing" - from the group of people that simply did not care what they are doing...and some people that have their own agenda, that I am forced to continue exactly "by-the-book"
From September there will be several significant improvements, and if you want to share that, you are always welcome and that will help all of us.
Also, if you are those who are unsatisfied to the level that you want to stop me and team, attack us etc - you should know that will make just less money for everybody at the end.
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Again, we will push hard to achieve only goal that is legit - success of our token and success on the market. We will not stop, we will bring very strong partners, and we will achieve all that by the end of year. Sit and watch...or join us and have fun.
Now, we can not go back where we have been 2 month ago, and I can not continue to talk and talk with those who are not satisfied. They simply make so big and so unnecessary damages to our business - everybody could see that. Those who think that I will not make it to the end successfully, and think that some of those unsatisfied will actually make that bigger - please elaborate that through reality check...and ask yourself who is losing what here.
Very best,
Sergey
someone def feeling the Heat of his own bs actions coming back imo.