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.
I truly hope that is what you mean and are not in fact endorsing the attempted operation, thepeople, the company itself.
Welcome to our main IPO thread: https://bitcointalksearch.org/topic/havelockcbcm-sha-256-mine-ipo-cancelled-647360
And please use Your main account to discuss, but not newbie one.
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
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
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 from: Spondoolies-Tech
Assuming their first round will be a success, we'll cover it with 35 SP10s we removed from our stock.
Yet you persist to use the following throughout the prospectus:
The Partnership Agreements
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.
