Topic: [ANN] Titanium - World's First Decentralised Cloud Services Provider 🚀 - page 42. (Read 81012 times)

https://www.reddit.com/r/Electroneum/comments/7uy1x4/is_titanium_blockchain_a_scam/

So someone was shilling this on Idex today, so I decided to do some research on this company.

On their website, The president and CEO is "MICHAEL STOLLAIRE". I guess this is his linkedin profile. https://www.linkedin.com/in/michaelstollaire/.

I always check the guy in charge before I continue my research. So before I check further into the team I like to look up the WHOIS info on the domain name.

Here is the information that popped up https://www.whois.com/whois/tbis.io.

Notice the registrant contact information? Michael Stollery. Organization is affiliated to EHI-INSM Inc.

Ok so we have a name similar to the CEO of TBIS. I look up "Michael Stollery" on google and I find this corporate info link.

https://www.corporationwiki.com/p/2mw968/michael-stollery

Interesting, it says that "Michael Stollery" is the president of both EHI and Titanium Blockchain. Not Michael Stollaire.

The site also gives us an address. 15027 Dickens St Sherman Oaks, CA 91403. Interesting, this is a residential address.

I do a little more digging on Ehi Internetwork and Systems, the parent company. Nothing special here, seems to be mostly boilerplate. Only stock photos and no real information.

Except the address, 15027 Dickens Street Suite 4 North Hollywood, CA 91403 USA very similar to the "Michael Stollery" address.

Interesting, the same address in https://tbis.io/about-us/ is the same. That's about as much research I need to do. I'm feeling a scam vibe on this one.

EDIT: I also tried to bring this up in their telegram and was immediately banned.

https://i.imgur.com/iq63ZSz.png

http://boards.4chan.org/biz/thread/7868186/titanium-bar-is-officially-exit-scamming
https://twitter.com/thecryptobull/status/933828093625688064?lang=en
https://cryptopanic.com/news/480447/One-of-the-XVG-SCAM-projects-team-member-namely-Michael-Stollaire-has-launched-his-own-ICO-Titanium-Blockchain

Get out of this scam guys.

if you search for michael stollaire (ceo) and his company u will see that his company EHI is just a shell. its office is his house. his revenue is not even above 500k for his company yet he claims to have big MNC clients like disney and microsoft but he is in fact just a small reseller of servers and he is just using their logos.

just search on reddit for titanium bar scam and u can see tons of threads on this ICO

the ceo was informed of a the hack but he went to a birthday party and only came 7 hours after the hack after finishing celebrating it while millions of dollars were stolen.

then he appeared after 7 hours and said i have to put my daughter to bed and disappeared LOL

and he only reported the theft the next day and said in group chat, so he actually told the thief that nothing was being done for 24 hours and gave the culprit and time to run as no charges were filed yet.

lol he gives lots of empty promises and his full of hot air and tries to hype his coin but no solid work is done.

get out of this scam asap

You have ti provide the details and submit this form to get rewarded with new tokens. This is necessary for all members who have their token on exchange wallets there are different options available like before hack date.

advise to you. sell your coins as soon as u get the new TBAR.

this project is a scam

I`m not so good in english. Bought on February 14 on Cobinhood. Do I have to fill out the form?

https://docs.google.com/forms/d/e/1FAIpQLSf1ZOgx1zL5_jX4bvjzJSp3JmYfjSj5SHRekgnFRtXhRZGsoQ/viewform

Hello! Did not have time to sell tokens ....
When and on which exchange will the project's tokens be sold?
Thank you!

Are you aware of current situation what is happening into this project soon current token will be swap with new token TBAR. So who will sell this token because will be real looser so don't make panic by spreading rumors.

either way, it's an old contract.
https://etherscan.io/token/0xee8bd1502c3e9f6c543781467c01592ac51cfbb8

What means "False bool" ?

Could you explain further ?

Thanks

https://etherscan.io/token/0xc7579bb99af590ec71c316e1ac4436c535039594#readContract

1.  mintingFinished    False bool

scam alert!! dev mint more tokens!! dump your tokens b4 it's too damn late!!!

At around 200% profit, sold it on IDEX exchange

Titanium Blockchain Infrastructure Services Inc UPDATE https://medium.com/@TBIS/tbar-distribution-resumes-fef526563bc8

Great colour commentary but not sure of the timing,  interpreted intent of the CEO,  or truth of any of your statements.   A forensic specialist was likely tasked with figuring out what had happened regarding the hack. Not much anyone can do or say until they get the facts and decide on a response. Titanium has done a good job so far mitigating the damage of the hacker.
Your story seems like  a bunch of FUD and "fake news". 
Personally, I think this has nothing to do with  or will have any impact whatsoever on the platform being developed and success of Titanium's cloud services. Whether you like it or not TBARs will be valued much higher in a year. Sell your TBARs and move on already. Lots of other cryoto trades to make money on. 

Where did you "dump" your tokens?  BAR isn't  on any exchange is it? Give details of where you sold and at what price?

This thread is actually the only place to speak freely.

their 2 telegram groups, TBIS official and Unofficial immediately ban you if you try to speak up about the project or are concerned.

On the day of the hack/theft/scam whatever, the mods were banning people who were frustrated at the pure lack of communication.

The CEO, Michael was at a birthday party and only came 7 hours later (yes, celebrate a birthday while millions of investor money is stolen)

He came on the telegram, said he would put his daughter to bed before issuing a statement. I might sound like an asshole but putting ur kid to bed while 20k people are panicking and funds are being dumped on exchanges sounds like he has his priorities way wrong.

He's not even a technical person, just specialising about creating hype, hence you see cheap advertisments and appearances on no-name influencers youtube shows answering questions that are pointless and giving more empty promises.

the censorship got so bad at there were so many peoeple being banned that they ended up chatting about BAR on the electroneum and HTML chatrooms.

the joke is that their CCO, which i take it to mean chief comms officer,  Martha something, was just a general admin in the chat, with zero qualifications and suddenly one day is promoted to CCO.

This is BAR for you and if you believe this project will take off then its your decision, but I know exactly what im going to do with my TBAR when i receive it

I would like to see how many of these newbies shouting out that they will dump, share their wallets to proof their claims in future. Don't forget they are going to release MVP in three days which isn't effected form this incident. Let the people decide what is best for them without imposing your thoughts on others.

I sold my BAR for a decent amount of profit, a few weeks before the scam. Would recommend everyone to dump all tokens at the first decent opportunity, cant see this turning out well.

In times like these, someone from the official team of the project should try to be there at all times responding to concerns and fears. Their absence or silence, even if only for a while, may be perceived in a negative way by those who are already imagining a lot of things. This is to control the damage that has obviously affected Titanium's reputation.

I hope the project will rise back quickly enough and recover.