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Topic: [ANN] [PRE-SALE 30% BONUS] MASS Token - Masternode And Staking Service - page 6. (Read 29203 times)

full member
Activity: 238
Merit: 101
Crypto connoisseur.
what happens with refunds when money's being spent on "multiple attorneys" ?


All investors funds are safe in the wallet.

The devs of this project have used their own funds for attorney fees, rather than classifying it as an startup cost and taking it from funds.


You know, because they have integrity, unlike the trolls on this topic.
Yeah because explaining to ppl that mass' lawyers lack timeliness and common sense sure does go against our integrity. Bottom line is well all be getting our ether back about a month too late.
full member
Activity: 136
Merit: 100
what happens with refunds when money's being spent on "multiple attorneys" ?


All investors funds are safe in the wallet.

The devs of this project have used their own funds for attorney fees, rather than classifying it as an startup cost and taking it from funds.


You know, because they have integrity, unlike the trolls on this topic.
newbie
Activity: 33
Merit: 0
what happens with refunds when money's being spent on "multiple attorneys" ?

They all paid this out of their own pockets. No pre-sale funds are used.
full member
Activity: 238
Merit: 101
Crypto connoisseur.
This tweet outta Hong Kong says it all: https://twitter.com/coindesk/status/905039482352697344

Says, hong kong thinks ICOS securities. Mass has USA team based outta hong kong. Like i said 3 weeks ago, its a fucking security, give everyone their ether back and figure out how to run your business BEFORE doing an ico next time. And i said you only gotta pay me 500$.
full member
Activity: 154
Merit: 100
what happens with refunds when money's being spent on "multiple attorneys" ?
full member
Activity: 238
Merit: 101
Crypto connoisseur.
SNIP ....but i guess it will never happen...

And off course our favorite FUDster

SNIP ....Partys over.

If this turns out to be a refund or when it goes to market, I seriously hope you people jump ship. We don't need this pessimistic and fearful behavior in this community.
yeah, we just need yes man and little slaves that just sit back while a project holds our funds with one announcement that means nothing per month...
member
Activity: 82
Merit: 10
SNIP ....but i guess it will never happen...

And off course our favorite FUDster

SNIP ....Partys over.

If this turns out to be a refund or when it goes to market, I seriously hope you people jump ship. We don't need this pessimistic and fearful behavior in this community.
full member
Activity: 238
Merit: 101
Crypto connoisseur.
And, with todays China announcement, Korea cracking down on ICOS, its 100% guaranteed everyone, there will be a refund announcement tomorrow. If not, these guys who are based out of the usa are asking for future trouble. ICOS are now a dangerous game. Partys over.
newbie
Activity: 29
Merit: 0
At this point I am not confident in this project and a refund will be perfect....but i guess it will never happen...
full member
Activity: 136
Merit: 100
Thank you very much for the update, looking forward to tuesday =-)

full member
Activity: 434
Merit: 100
Firstly we would like to thank everyone that has been waiting patiently while we've been putting in the necessary work since the release of The DAO Report.  The guidelines released by the SEC have certain unclear implications and references that were outside of the scope of any of our own personal knowledge and required professional counsel.  With that being said, it has been a very grueling period of time in which we've had to use personal funding, vette dozens of lawyers and firms in search of one or several that could tackle the issue at-hand, and continue with development in preparation for the future of MASS.

As promised we are remaining transparent with our investors and supporters so that everyone has an understanding of where we stand now and where we might in the near future.  We have retained Losey PLLC which is comprised of multiple attorneys, each with their own focus in various areas of practice.  The first steps were complete analysis of our goals, offerings and so forth so that they could have a better understanding of how if at all, our project would fall within the realm of a security, commodity, or otherwise.  Following that was yet more analysis to determine what options we had that would best suit all parties involved including but not limited to our investors, any regulatory bodies of interest or concern and the project overall. 

Now that both steps have been completed, we are exploring all possibilities thoroughly without any knee-jerk decisions being made in order to maintain the level of clarity and direction that we have upheld since the start in order to secure a long-lasting, legal presence within this space.  Tuesday evening our team will conference in with our attorneys and discuss how we plan on moving forward.  We will make another announcement following that. As of this time, we are still as mentioned already - determining which options are best.  We will continue to keep everyone updated as we have any news to share and greatly appreciate the patience of our supporters.

Thank you for the update. In my opinion it was a necessary update, in order to inform us.
newbie
Activity: 16
Merit: 0
Firstly we would like to thank everyone that has been waiting patiently while we've been putting in the necessary work since the release of The DAO Report.  The guidelines released by the SEC have certain unclear implications and references that were outside of the scope of any of our own personal knowledge and required professional counsel.  With that being said, it has been a very grueling period of time in which we've had to use personal funding, vette dozens of lawyers and firms in search of one or several that could tackle the issue at-hand, and continue with development in preparation for the future of MASS.

As promised we are remaining transparent with our investors and supporters so that everyone has an understanding of where we stand now and where we might in the near future.  We have retained Losey PLLC which is comprised of multiple attorneys, each with their own focus in various areas of practice.  The first steps were complete analysis of our goals, offerings and so forth so that they could have a better understanding of how if at all, our project would fall within the realm of a security, commodity, or otherwise.  Following that was yet more analysis to determine what options we had that would best suit all parties involved including but not limited to our investors, any regulatory bodies of interest or concern and the project overall. 

Now that both steps have been completed, we are exploring all possibilities thoroughly without any knee-jerk decisions being made in order to maintain the level of clarity and direction that we have upheld since the start in order to secure a long-lasting, legal presence within this space.  Tuesday evening our team will conference in with our attorneys and discuss how we plan on moving forward.  We will make another announcement following that. As of this time, we are still as mentioned already - determining which options are best.  We will continue to keep everyone updated as we have any news to share and greatly appreciate the patience of our supporters.

Nice one. Thanks for the update guys. Please keep us posted.
member
Activity: 112
Merit: 10
Happy to see you again here in Dev; we were all very worried.
When you do the next update please tell us your march for the rest of ICO!
When will it resume and how? How many days? Cap max and token max? etc.
We will wait for your news soon!

The next update will contain the near term plans moving forward
sr. member
Activity: 1022
Merit: 391
Happy to see you again here in Dev; we were all very worried.
When you do the next update please tell us your march for the rest of ICO!
When will it resume and how? How many days? Cap max and token max? etc.
We will wait for your news soon!
full member
Activity: 458
Merit: 102
Thanks for update
member
Activity: 112
Merit: 10
Firstly we would like to thank everyone that has been waiting patiently while we've been putting in the necessary work since the release of The DAO Report.  The guidelines released by the SEC have certain unclear implications and references that were outside of the scope of any of our own personal knowledge and required professional counsel.  With that being said, it has been a very grueling period of time in which we've had to use personal funding, vette dozens of lawyers and firms in search of one or several that could tackle the issue at-hand, and continue with development in preparation for the future of MASS.

As promised we are remaining transparent with our investors and supporters so that everyone has an understanding of where we stand now and where we might in the near future.  We have retained Losey PLLC which is comprised of multiple attorneys, each with their own focus in various areas of practice.  The first steps were complete analysis of our goals, offerings and so forth so that they could have a better understanding of how if at all, our project would fall within the realm of a security, commodity, or otherwise.  Following that was yet more analysis to determine what options we had that would best suit all parties involved including but not limited to our investors, any regulatory bodies of interest or concern and the project overall. 

Now that both steps have been completed, we are exploring all possibilities thoroughly without any knee-jerk decisions being made in order to maintain the level of clarity and direction that we have upheld since the start in order to secure a long-lasting, legal presence within this space.  Tuesday evening our team will conference in with our attorneys and discuss how we plan on moving forward.  We will make another announcement following that. As of this time, we are still as mentioned already - determining which options are best.  We will continue to keep everyone updated as we have any news to share and greatly appreciate the patience of our supporters.
member
Activity: 82
Merit: 10
Lawyers don't take this long if it offers anything that resembles dividends it's a security. time for updates with a timeline or another round of refunds , I'm not selling my mass to hagglers either, I'll have my eth back

Lol, all these "experts" on the laws regarding crypto,  it takes how long it takes. You can jump up and down all you want but you just have to sit tight and wait until you hear something from the team.
full member
Activity: 154
Merit: 100
Lawyers don't take this long if it offers anything that resembles dividends it's a security. time for updates with a timeline or another round of refunds , I'm not selling my mass to hagglers either, I'll have my eth back
newbie
Activity: 8
Merit: 0
Was checking out the website and read Ico would be in the middle of August.
Reading some pages of posts people are not really happy.
Anybody kind enough to summarize so I don't have to go through 30 pages? Would be hugely appreciated Smiley

Pre-sale got interrupted by white hat hackers who returned all funds, but led to the pre-sale being closed. SEC ruling then came out so the team have hired lawyers but there's no news since late July.

We're not sure if pre-sale with bonuses will restart or if it will move direct to ICO (that was to have bonuses also I believe, but not sure on that atm either).

Few people are getting in or out of the pre-sale through private trades on Telegram which are facilitated by the Mass team.

If you want in, you can probably buy from one of the sellers on Telegram but be sure to do it through the Mass team. There has been some haggling recently over the value of Mass since Eth is up so much since pre-sale ended, so you might be able to buy at a cheaper rate if you haggle.

No news on the product other than is stated in FAQs, but the team have said they are working on it.
full member
Activity: 196
Merit: 100
Was checking out the website and read Ico would be in the middle of August.
Reading some pages of posts people are not really happy.
Anybody kind enough to summarize so I don't have to go through 30 pages? Would be hugely appreciated Smiley
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