Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 576. (Read 1260354 times)

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[quote author=Archibald Chikungunya link=topic=521520.msg7249604#msg7249604 date=1402488789]
[quote author=cbcm.co link=topic=521520.msg7246979#msg7246979 date=1402476210]
[quote author=Archibald Chikungunya link=topic=521520.msg7246353#msg7246353 date=1402473074]
What exactly is legit? this hair brain scheme, this attempt? certainly you 
don't mean two penniless east europeans who cannot even scrape together 
100,000 dollars between them to buy 35 SP's. They need to start this all off 
by raising a meager 100,000 dollars? 90% of the drivel in their little "prospectus" 
consists of trading off the name of Spondoolies-Tech. That's all they talk about. 
As though your promise to supply them equipment if they are successful to raise 
money and their promise to buy your equipmentif they are sucessful to raise money, 
somehow makes this scheme legit? How about I actual buy your product then of 
parcel it out as shares, without even having to mention who I bought it from. 
And from there I buy more. This scheme will never success in the sphere of the 
bitcoin miners and buyer, this community is far to clever for that. It is geared 
towards more the sleezy  cloudhasing rubbish aimed at the clueless out there, 
but this time round with a sophisticated twist to appeal to the clued in miners 
and traders of bitcoins.

I truly hope that is what you mean and are not in fact endorsing the attempted 
operation, thepeople, the company itself.
[/quote]

Welcome to our main IPO thread: [url=https://bitcointalk.org/index.php?topic=647360]https://bitcointalk.org/index.php?topic=647360[/url]
And please use Your main account to discuss, but not newbie one. 
[/quote]

I most certainly will but before we do that explain to me this cunningly used  
word "partnership" all over the prospectus?

[quote]The Partnership
CBCM has a partnership with Spondoolies-Tech to deliver their SP 10 devices in June.


Agreements
CBCM has reached a partnership agreements with Spondoolies-Tech to provide mining equipment[/quote]


According to the owner of Spondoolies; it is quite simple if you raise the funds you can 
buy the goods. Anyone can buy the goods if they have the money, yet you've carefully 
submitted the words "agreements" and "partnerships" in the prospectus to make it appear 
as Spondoolie-Tech is some how involved further than simply exchanging their hardware for monies.

[quote author=Spondoolies-Tech ]Assuming their first round will be a success, we'll cover 
it with 35 SP10s we removed from our stock.[/quote]

Yet you persist to use the following throughout the prospectus:

[i]The Partnership Agreements[/i]

which are:

[quote]Articles of partnership is a voluntary contract between two or among more than 
two persons to place their capital, labor, and skills, and corporation in business with the 
understanding that there will be a sharing of the profits and losses between/among 
partners. Outside of North America, it is normally referred to simply as a partnership 
agreement.[/quote]
[/quote]