I have retyped this from images that can be seen here https://t.me/startcoinuncensoredKarl Gray – 07 July 2017 posted on Bank to The Future
Hi All,
Several updates to report on, first we have received the backing of an overwhelming majority of class A shareholders to the proposal for separating out StartCoin Holdings LTD into two companies, one will be based out of the UK and will exclusively hold SCH's ownership in Bitcoin Capital 1, 2,& 3, the second company will be based out of Ireland and will hold all other SCH assets.
We are in the process of setting up these companies and will update once these have been setup. The shareholdings in each company will reflect the current shareholding in SCH Ltd.
We are aware that some users have had difficulty withdrawing their StartCoin from their hosted wallets on Version 1 of StartJoin. There are a variety of reasons for this, some of them user error and some of them due to issues with the platform (more on that in a moment). If you have attempted to withdraw coins and are having issues please send an email to hello @ startjoin.com and copy me (karl @ startjoin.com).
As many of you know we have reverted back to V1 of the StartJoin platform, a major reason for this was to facilitate the withdrawal of Startcoin by users but another major reason was the abject failure of the launch of V2. As many of you know the goal for V2 was to launch a new, scalable platform which incorporated all the features and functions of V1 built in a more robust feature rich way while adding many new features. During the development process we were constantly assured by the company we selected to perform the build (who came highly recommended) that they had done a detailed review of V1 and were fully versed on what was required. We were shocked when it came time to review the platform pre launch. We were again assured that this was a beta launch (despite having being told otherwise for months) and therefore we gave the green light. Over the following months after launch it became clear that we were no way near close to anything like what had been planned / designed during the previous 6 months. As a result of this we have ceased all relationships with this development company and V2 as is understood will no longer be used.
As we move forward we have decided that the priorities will be tacked in the following order:
First we will be concluding the restructuring of the corporate entities to facilitate any future marketing / sales of the Bitcoin Capital assets. Now that we have majority approval to move forward with this we anticipate that this process will take no more than two weeks.
Once this is complete we will be hiring and deploying internal developers to resolve the coin withdrawal issue. Once all users have received their coins we will be retiring V1 of the platform, to be replaced with a temporary landing page.
As these tasks are being completed we will be strategizing on the next steps for StartCoin Holdings