Topic: [ANN] [$PAC] [X11] Community Governed | Masternodes | Actively Trading - page 6. (Read 43261 times)

Your problems with Brad are your problems with Brad.
Many people know that Brad is Bisexual.
And the fact that you communicated so closely with him indicates a certain informality in your relationship.
Perhaps you are taking revenge PAC Global for him, because he was kicked out of the team for unprofessionalism,
and you take this as a personal offense.
Do not confuse personal relationships with Business.

The bus you need exists, but it is without wheels.
You must say thanks to the New Team and Drew for making the fork and continuing to develop the coin.
New Team gave another Bus, which will also take you to point B but on own route.
But if you are not comfortable.
Fu*k the fu*k out of here!
Instructions for those who are not satisfied with the new team.
You were not forcibly dragged here, return to the old PAC.
Download OLD wallet from here

1) https://github.com/PACCommunity/PAC

2) insert your wallet.dat

3) Do Reindex.

4) be happy with your $PAC

you are not being held here by force.
Previously, someone published contacts old developers, you can contact them.
And live happily in that coin that you like so much. $PAC

If then everything that you wrote above is true, and you are not happy with PAC Global,
you will take my advice and return to the old chain.
If you stay in the new PAC Global, which is so unpleasant for you,
and continue to write here, after I showed you the solution to your problem.
This means that you are just a dumb hater whose words mean nothing,
you are not able to do something good in connection with your mentality.
You are just a big ass and you do what you know how to, sh*t.

Make a choice

If a bus advertise to take you from a point A to a point B and you pay a ticket for that, only a fool like you would be happy if the bus change the plan half way.
I have invested 5000 dollars because of Brad's promising.
Another thing, don't use the F word on me, never twist a dragon's tail. Keep yourself away from me.

In fact, there was a fork in which people voluntarily decided which chain to follow.
If you are not comfortable, go to the old chain.
Drew and other investors made the plug and, using their personal funds, paid for the code update and many other things. And this is only the beginning of the work, they do what they consider necessary to achieve success. You are like a fool who got into the wrong bus and yells at the driver that he is driving the wrong route what you want. But the bus is full of people who made an informed choice. You are not happy, download the old wallet, reindex the chain and be happy.
Nobody owes you anything. Are you tired of your nagging, are you upset that he is not smart enough to make money and become a co-founder? Or you lost your invested 100 bucks. You are no one in any business, if you want to participate in decision-making you need to become a co-founder.
Everyone can get acquainted with all the principles and conditions of the global pack, everything is open. Smart people make decisions themselves, if you are not happy, I will repeat, go fu*k the old chain.
OLD WALLET
https://github.com/PACCommunity/PAC

In the PAC Global, there is no place for you Angry Beur and people like you. So thank you for separate idiots from PAC Global. Because those who follow your ideology  is idiot.
 

Lol... Cookiess the guy from a team which tweet about a fake youtube account, a fake exchanges scam, want to educate me. The same team which are leaded by a house painter, an industrial engineer student, want to teach me what is a CEO and a conflict of interest.
Start by educating yourself.

Who are you trying to fool?
PAC team VS thousand of professor in business who have hundred years of experience. Are you fucking serious?

"A conflict of interest (COI) is a situation in which a person or organization is involved in multiple interests, financial or otherwise, and serving one interest could involve working against another. Typically, this relates to situations in which the personal interest of an individual or organization might adversely affect a duty owed to make decisions for the benefit of a third party. "

For example, if you have to decide if the collateral for a masternode should be increased or NO, Don't you think that your stupid CEO will be influenced by the fact he has a company making money by masternodes? Are you that stupid Cookiess?
How could you be sure that Drew will make the right choice for the best of the interest of masternodes holder or Pac company?
Please don't put yourself in a bad situation by answering to this question.

Let me educate you Cookiess:

"Conflicts of interest abound at the board level. They constitute a significant issue in that they affect ethics by distorting decision making and generating consequences that can undermine the credibility of boards, organizations or even entire economic systems.

Many corporations require board members to sign a conflict of interest policy at the time of appointment or to declare any conflicts of interest at the beginning of board meetings. Conflict of interest policies normally specify how directors should avoid conflicts of interest. This narrow focus only scratches the surface, given the scope, responsibilities and dynamics of decision making in the boardroom."

Now, 6000 of masternodes does not give a proof of you being taken seriously. I remember one guy complaining 1000 NO votes in once against his DAO. This is a proof that at least one guy had 1000 masternodes. Another one ex-team member saying he holds 700 masternodes.






"A director occupies a position of trust in a company and must therefore avoid situations in which the director’s own interests conflict with those of the company. This is enshrined in the Companies Act 2014 (the “Act”) as the duty to avoid conflict unless the company releases the director from that duty. This briefing looks at some points to consider when faced with conflicts and how they can be either avoided or mitigated and managed.
Directors’ Duties

The director’s duty to avoid conflicts of interest is linked to the duty not to make a personal profit from his or her position. It also applies to the duties to act in the interests of the company, to act honestly and responsibly, to act in accordance with the company’s constitution and for the director to exercise an independent judgement.
Questions of Conflict 

Does the director have a financial, business or familial relationship with a party to the arrangement that would reasonably undermine the director’s impartiality to the company’s detriment?"

The exchange CryptoBridge has announced that they are closing their doors. (for more information please see http://crypto-bridge.org/).
User verification is required (as defined by EU law) to withdraw from their exchange. Please take action as soon as possible in order to secure PAC or any other asset you might have there.

PACnode is not owned by PAC Global LLC or vice versa - from a legal point of view they are independent entities which share the CEO. "A CEO is elected by the board and its shareholders." (source: https://www.investopedia.com/terms/c/ceo.asp).
PACnode can be seen as a third party service provider - it does not render any service to the PAC Global LLC as an entity directly or indirectly, it is providing a service to the owners of PAC. "Third Party Service Provider means any consultant, agent, advisor, or independent contractor who renders services to the Company, a Subsidiary, or an Affiliate that (a) are not in connection with the offer and sale of the Company’s securities in a capital raising transaction, and (b) do not directly or indirectly promote or maintain a market for the Company’s securities." (source: https://www.lawinsider.com/dictionary/third-party-service-provider)

In any case, thank you for clearly going out on a limb to hurt this project - I am sure that owners of over 6000 active masternodes are all happy about it. I personally would not want anyone, who believes your claims, to get involved in the project - that would simply mean they either did not do their research or have little clue about legal aspects of business.

What a f*cking scammer! 
A 3rd party not affiliated at all but.... that belong to the CEO 
What a joke!

Any news of the 60 Millions Pac for marketing that disappeared? 

A summary of the recent important news / events as described in PAC Global discord server is as follows:

1. The fork went well - the message from Drew Saunders (CEO of PAC Global LLC) from the PAC Global discord server is as follows:
   
"
The fork has gone well and the chain has continued to move forward without a hiccup! 700,000,000 PAC has been secured for PAC Global LLC.

Here is the link showing the block the above occurred: http://explorer.pacglobal.io/block-height/362250

The first movement of the 700 million PAC will come across shortly as we move the PAC to a more secure wallet location with dual encryption. The last Superblock did not payout as expected, a result of a minor bug in the previous chain. That issue was resolved in this fork, however this unfortunately means we did not receive the 160 million PAC previously approved through to OCB voting process. So we will move 160 mil coins to the proper destinations needed to reimburse that 160 million coins that was never received.

We will break down any further movements of these coins with as much detail as possible, including which amount is used for team incentive and major expenses like development and marketing expenditures. The Superblock will continue to be used, PAC Global LLC will request a "refill" of coins whenever needed especially when extra expenses are encountered.

Our goal is to continue growing the PAC Global Network and bring new talent to the forefront to help along the way.

Thank you all for your support,
Drew Saunders
CEO of PAC Global LLC
"

2. As one nears the launch of a professionally designed website, there is a temporary site up replacing the former site that was created by Brad. Please note that this is not the final website design, they may be small inaccuracies. The website is a place holder until professional design is complete.

3. Before the fork, two small bugs that were reported in the previous desktop version of the wallet were corrected. While this is not a mandatory wallet update and does not affect masternodes, it is a recommended update. If you want to update your wallets or check if you have the most recent version, please visit https://www.pacglobal.io/wallets.html

4. The PAC wallet on the p2pb2b.io exchange is now fully operational (next to Graviex and CryptoBridge PAC exchanges).
   
5. PAC has been listed on a relatively new exchange called Folgory with BTC/ETH/EUR/USDC pairs - please see also:
   
https://twitter.com/paccoinofficial/status/1197883699880243200?s=21
   
6. #pac-tip-bot channel in the PAC Global discord channel is now reopen for use -  @PAC Global Tip Bot has been updated and is now fully functional again.

The CMO of pac:



If you are interested to work in this field:
https://www.thehagueuniversity.com/programmes/bachelors/industrial-design-engineering/during-the-programme

Who knows? Maybe you will be the next CMO of Pac or even the CEO.

Ladies... Look at this beautiful marketing campaign:



A fake Youtube account, with 15k subscribers and only 2 videos, the oldest is from yesterday. And Promoted officially by the official Pac twitter account. 

In either ways, you should not promote this, you showed you either a scammer (by accomplice) or incompetent. I really don.t know what to think. Seriously









Look at these fake comments from fake accounts

Not. I am not part of the team. In politics, in many countries it is forbidden for politicians to have business. Since through the adoption of laws you can put pressure on competitors and make ideal conditions for your business. These are different things.

I can see your an amateur, I would say... "another one", who does not understand what a conflict of interest is. Are you a part of the team? Probably yes.
Let wikipedia explain you by an example:

"Cheney resigned as CEO of Halliburton on July 25, 2000. As vice president, he argued that this step, along with establishing a trust and other actions, removed any conflict of interest."

A real CEO should resign or step down...

Pacnode a third party... 

Drew as an entrepreneur, started Pacnode with his OWN money much BEFORE he joined the team at Pac and was elevated by the new board to CEO of Pac Global....furthermore Drew himself funds ad pays expenses, as do I and other board members for Pac Global for no pay. If you would like to work for no pay AND pay our expenses for the project, you are VERY welcome to apply for a board position

This is a quote from one of the new founders.

Most people are happy with the new team and their work. If you look at the github, you will see how much has been done and work on the code continues

But all this doesn’t matter to you Aktarus, you don’t have a goal to get justice, your goal is to harm the project.

I would like to see the results of your investigation of which you spoke. Your comments on commonly available news are childish.

Any proof of all what you said? I mean, I expected some links or clear answer. For instance denying that the CMO is an engineer, okay... no problem. So what is his qualification then? I will not answer your points as there is no reason, you have not showed any valid arguments. So my arguments are still open to a real refutation with proof...

Also you argue that being a decorator doesn't mean you cannot be a good CEO is quite light. Let me explain you one thing in case you didn't understand the actual situation of the crypto world.

There is a time cycle in any new technology,
1- first era: the pioneers. First came to the market is always the king for  a very looooog time, whatever the CEO or the inventor is as long as the product is revolutionnary then it will rocket, (ex. Bitcoin, Goolge, youtube, Iphone...).

2- Then the second era: If you improve or innovate the first product model, you have still a chance for the 2nd, 3rd place of the podium (ex. Ethereum, android,...) at this time it is still possible to succeed even if you have a crap CEO. Because your product add something new to the leader.

3- Then come the 3rd era, which is the flood of the market of "new better super-technologyies", with sometimes a real good project and innovated product (ex. Nano), AT THIS MOMENT, having a good new technology WILL NOT guarantee you the first place nor the 10th, EXCEPT if you have a fucking real good skill in marketing and business management to make the difference. Therefore, you will not sell the product but the image or the brand.

There is no space anymore for improvisation in crypto. Your blockchain is one amongst thousands now, and there are real beautiful innovating technologies out there.
What PAC have that others doesn't have? I mean a real features that make it not only unique but really USEFUL.
If you don't have a real new hyper-super-technology-of-death the only way to sell your product is by a fucking MEGA MARKETING and managing plan. And as a plan I don't mean twitter or facebook articles.
But a research phase, SWOT Analysis, PESTLE, competitor analysis, business plan audited and validated by a real professional company, ROMI of your product, etc.
Instead of that, you prefer burn your budget to random parties and make shady partnership with random guys with some having a huge past of fascist, which is not a good signal send to your users.

Now let me tell you one thing, if you think I want any revenge against you, I already should be satisfied, and you perfectly know why. If I wanted more, Pacnode would already been offline right now (Tomcat is easily hackable   thanks me later). Believe me. But it's not the case.
Drew is really not only a bad manager, but also a narcissistic that will make you getting down and down. You could get some pump sometimes, but the pac model will never be a great project mass adopted.
Did you see Travala news today?  Matthew Luczynski its Co-Founder & CEO have a BA in business and relevant business experience in this domain, all their team have relevant skills and business experience. They make a partnership with booking.com.
Another reason that make me believe Drew is the worst CEO ever seen is because even with all that mess those last weeks, he has continued throwing oil on the fire instead of calming down the situation by teasing me on twitter, while any good CEO, in the name of the success of his business, would at minimum ignore me (which is clearly bad anyway but less than teasing me) and better would try to discuss kindly.
This guy is a kid! He's bad temper and impulsivity, and incompetent because unqualified. And not to mention Jay, who show a face of immaturity with his crap arguments and lies. He thinks it is a game and I will get bored and fed up from his messages. Good luck with that...

  

Please see below what kind of influence PACnode has on the PAC Global network / project.

Liking to paint does not disqualify anyone for anything. Also, the PAC Global CMO is not a mechanical engineer.

Drew has no magical switch to turn of wallets and/or addresses. The freeze is hard-coded in the wallets and then executed by the network built around these wallets. Those wallets were willingly installed by many people, who knew exactly what they are doing, since they were informed ahead of time what this update brings.. Those who did not like that idea could have simply chosen not to update their wallets. In essence, the same way of reaching consensus is used by BTC and by actually just about anything based on a blockchain technology.

The 700 Million PAC are to be acquired for PAC Global LLC holdings. This pool of funds is for:
  A. Employee Incentive Program:
       •   Recruit additional high-end developers
       •   Incentivize existing employees through PAC Global rewards
       •   These coins will be subject to a “lock up period” and not for immediate resale
  B. New high-profile exchange listings
  C. Promotional/marketing opportunities
  D. Strategic partnerships
  E. Emergency/insurance expenses
  F. Reimbursement for pre-approved operations/marketing expenses

while effectively neutralising over 1000 Million of PAC at the same time (see the point above).

The PACnode does maintain over 2000 PAC masternodes for its various customers, but over 1500 are cold wallets one, meaning that the votes are cast by the rightful owner of the coins and not by Drew. Hence, less than 10 percent of the PAC masternodes could be, in theory, affected by it, not 30 percent. Not to mention that there is internal voting system in the PACnode which makes sure that these single digit percent of masternodes vote according to wishes of their owners. In essence, there is simply no situation where there would be a real and relevant conflict of interest.

Every time there is an update, the community is informed what kind of changes this update will bring / brings. Everyone is simply asked to install the updated wallet, but the PAC Global team does not control those people or their computers - if the people do not agree, they do not have to do it. If majority would have a problem with an update, then the update would leave the team with a small or non-existant network.
So, yes, the team does ask the community just about every issue, not only those who bring major changes.

How can the PAC Global team be blamed for that exactly? As far as I know, Brad got his coins through a DAO project proposal approved by the community (but I might be wrong with this particular point..)

In any case, since one half of the information you provide is simply wrong and the other half is presented in a way to suit your needs, such effort fits the definition of spreading "Fear, uncertainty, and doubt" perfectly.

Besides, the critical point is: the old visions / implementions of the Paccoin project have not performed as wished / desired. Therefore, new individuals (i.e. the PAC Global team) have decided to pick up what was left of it, and try to do their best to make it a new project with an actual progress being made.

Pacnode is a third party for Pacglobal
Pacnode is own by.... the CEO
Pacnode control 2020 Masternodes...
CEO would resign or step down from all activities that had a conflict of interest. And this is clearly one.


In summary:

Pac global is a project:
- Lead by a painter/decorator as CEO, with a mechanical engineer as a CMO... a team not qualified for there respective field.
- a centralized blockchain (Team are able to freeze, or ban coins and wallets) so risk to loose everything if Drew decide it.
- doesn't respect their whitepaper. Team have minted / generated 0.7B new coins to themselve, while it is not in the whitepaper.
- actual CEO own a "third party" service that give him control of 30% of all masternodes so have power to decide which DAO will pass.
- Team doesn't ask community about big decisions that literally change the core of the project (They did not asked us our opinion before turning pac global as private company nor to centralize the blockchain) so no point to create DAOs at all.
- Brad left the project with 60 Millions with no official explanation

Drew really looks like Palpatine  

Hi,
May be it was answered already..what is PAC Global? I did not follow for sometime, hence the question. Thanks in advance.

Well, calling people (owning PAC and/or PAC masternodes) morons or any other names, says more about you than about them.
A couple of points:

1. No, one does not have to put a DAO proposal to have any changes introduced, simply because anyone can put up a DAO proposal on any subject, if they/he/she felt the need to have a vote on that subject. You could have done it as well and let the masternode owners clearly state their opinion, but you did not. You still can (in order to try to reverse the changes made) and yet here we are, in a forum, "just talking" about the subject.

2. I doubt that Drew owns 1723 PAC masternodes. Even if he would have, well, then it would be his right to use them as he sees fit. Besides, 1723 PAC masternodes is still less than one third of all active PAC masternodes.

Also, one should be reminded that cryptocurrencies without masternode technology (like BTC) do not have such a DAO option at their disposal.