Topic: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure - page 54. (Read 125669 times)

What is your source to that inside Ethereum could fall to that level of $2 but you know this this is not possible if we look over the adoption of that network but on other side EVN has totally different story we can make it compare with any stable project who have transparent system. This project is suffering from inside problem CEO get more greedy after achieve the hard cap. 

Yes. Super !! all token and coins are high risk investments. but every investor knows this in advance. and who has invested here and now has no more money should go back to school. if the money is gone then you are unlucky. ethereum could also fall to 2 dollars tomorrow. everything is possible in crypto

I totally agree with you . I hope that they will answer for their deception . Maybe there is a well-known media that would tell everyone that the project abandoned its community and did not pay the bounty pool tokens . http://prntscr.com/jmy592

I was just googling about the legal issues on Envion.  Your math sounds all nice and peachy  lol but until they solve their legal accusations, I wouldnt put any more money into it.  I will leave the money I invested in it,becuase it already lost 88% of its value, it would be foolish to sell now.  Better wait until it goes back up.

I just want to check. You know there are no guarantee they will ever return to a higher price or provide dividends, right. It's a high risk gamble with potential high returns. It could go to zero.

let the investors vote some representatives, that are under NDA from founders and MW's side. They could vet the evidence/contracts/lawsuits and at least confirm that they are existing
i really think even if they would not be able to talk about content - confirmation would calm down a lot of investors

actually it is not 90%.
you are losing about 80% right now
qouted from https://etherscan.io/token/0xd780ae2bf04cd96e577d3d014762f831d97129d0#tokenInfo

As I got it so far, some funds under the founders control and other part is somewhere else. Many rumors.

I didn't trust Envion since I posted on the second page of this thread and I certainly don't trust them now. I never owned any Envion tokens and I never will. But I feel sorry for the investors, even though they should have been aware of the red flags before investing.

I wouldn't be surprised if this is an orchestrated show. How come both the founders and Woestmann break the news on the 16th, including a website, press coverage and videos? Now there's a so called legal battle, which is a distraction to mask the question: where is the $100 million?

Has anyone tracked down those $100 million?

What investors should do is organize a class-action suit and reclaim those ICO funds.

Okay, let me put my 5 cents here.

There are two principles that any True Investor obviously follows:
1) Protect the investment as much as possible.
2) Multiply the investment at every opportunity.

And if you spread FUD about the project you invested in, you are:
1) Passerby - not a project participant.
2) Dumper - the bear who buys on the dips.
3) Idiot - who devaluates his investments with own hands.

So I wonder which category prevails in the Envion thread.

Yes, my friend, nicely done with this other investments. We have a word for this what you are doing and this is "diversification". This is the only way to minimize the risk and secure yourself from being broke after missed investment. Common mistake people are making when they invest in ICO that they put they hall stack to one project and we all know how this ends sooner or later.

Diversification together with portfolio management is the key to success in ICO investing.

I am buyer who is pass KYC and also buy multiple times later more on HitBTC until this happened. So this is not simple and same situation for everyone.

Yes im not taking 10 cents on the dollar id rather "gamble" on things working out.

Feeling sad about your big loss. I don't think so you should sell your envion tokens at this cheap value.
Best option is  hold 2k Envion tokens than sell out at very low price. Take risk create chances.
They might be on track in future after solve their illegal tokens issue. 

Agree. Would be stupid also to sell at 50% loss, imagine at 90% loss
Someone could say " better something than nothing".. i really disagree on this.. you invested in the ico and you should knew the risks.. we are in the game, so why don't wait ?

I bought 2k EVN back in the ICO.  I should laugh at myself.  Oh well.  I invested in a few other ICOs that are chugging along quite nicely.  No point in selling my coins for a 90% loss now.  Just gonna hold the bag and ride the roller coaster to the end.
One ICO banked majorly and covered my investments in everything, actually 

These charlatans will not be able to refund all the money, that’s almost a guarantee. They don’t have $100M, probably not even $60M if you take in consideration the BTC/ETH devaluations. Even at all time high they would have still taken a loss due to the volatility created by dumping tens of millions of $ worth of crypto.

They will probably file for insolvency, then bankruptcy, and then they might get rich without doing jack shit, just like that other shit-head, Mark Karpeles. By waiting for years until the case finalizes during which bitcoin might go to 50-100k or probably even more.

Then they will pay the creditors, and soon after, retire peacefully for the rest of their lives.

Not bad for only 4-5 months of lying and manipulating.  

Lol. Are you serious?

This statement alone is just sooo wrong in many ways..

"Now everybody that bought EVN tokens on Exchanges is mad. But that does not matter: Envion has no obligation to those people, no KYC, ... nothing. Those buyers where just stupid to buy cheap HitBTC tokens of a project that did not even start yet'

But hey, we all have to wait for the truth anyway.

Even by looking at the facial expression and body language of Woestmann one can tell he is a stone cold liar

I agree this case looks exactly as you described.

Anyways in all statements from CEO, there is nothing about bounty hunters and 3% tokens owned by them. These tokens are in the prospectus and counted in the max supply. I think they have to pay this after all court cases will be finished. If not CEO can be sued by bounty hunters if they go together against Envion if finally not pay bounties.

They have to remember that 100 million $ and such a big success of this ICO was only possible because of bounty hunters and work they did to promote this project. I don't know how many bounty hunters in total participated in this campaign but I think thousands. You can't ignore such an army of people if you are startup and own them money.

I am completely behind the CEO and I hope he can get this fixed and get rid of the scamming founders.

- The ICO raised 100 million USD.
- The founders then created 100 million tokens (as agreed) and started distributing them to the holders (verified Id's etc)
- Next, the founders created 20 million "free tokens" and gave those to themselves. Instead of asking the CEO for parts of the 100 million USD to pay stuff, they just created 20 million tokens with 1 mouse click, without written permission of the board and the auditor. There is no verified track record of where these tokens go and who owns the wallets or who bought those cheap counterfeit tokens on exchanges.
- As a result, a board member and even the company auditor left the company.
- The founders have very shady explanations for these free tokens, like "bounty payments" and "the tokens will be burned" (wtf?) and "it was clear from the beginning, I announced this at least 100 times in the TELEGRAM group." Like WTF does your CEO and auditor is supposed to follow your telegram group hundreds of messages daily? You don't need written approval from the board to do that?
- Also, the founders own the social media channels, so they can manipulate the holders easily
- The CEO off course completely disagrees with all of that, and the founders now want him out so they are in the clear and also can get the 100 million dollars.

- The CEO has now gotten a new board member and a new certified auditor
- Because the free tokens are still in shady founder wallets, the CEO can not allow these scammy founders to own 20% of his company in criminal ways, get dividends etc.
- So the CEO decides to not use the EVN token (for paying the dividens) and give the holders that signed up for the ICO new EVN2 tokens that are not tampered with and that the scammy founders have no possession of. This would also clear him from criminal charges by the authorities for tampering with shares and printing free money.
- Now everybody that bought EVN tokens on Exchanges is mad. But that does not matter: Envion has no obligation to those people, no KYC, ... nothing. Those buyers where just stupid to buy cheap HitBTC tokens of a project that did not even start yet.
- CEO looks legitimate, I hope he can pull this off