In response to the accusations made against Faba and the team we would like to state the following:
We are very proud to have Lenka Love in Faba team as the mentor:
Lenka is a founder of Love dogs, which is a non-profit organization founded on the premise of human respect for animals and nature. Love dogs aim to lead children to learn the responsibility towards animals when they become pet owners. Children are able to join the program with their school and the contribution they make is the time spent caring for dogs in the shelters instead of helping financially.
Lenka is a well-known animal rights fighter in the Czech Republic.
For more information about Love dogs, kindly visit:
http://www.kidslovedogs.org/en/about-us/who-we-are/https://www.facebook.com/KidsLoveDogs.orgLenka is also a Global Sales Executive in the project My Trees:
https://www.facebook.com/kupsisvujstromhttp://www.lenkalove.cz/my_trees.phpBesides these projects and being well-known in the startup scene in the Czech Republic, Lenka has a passion in diving, she has been professionally diving with the sharks her whole life.
Lenka is a devoted, heart-driven individual this world needs. We can only wish more people like her exist.
We are in partnership with Connexion Capital LLP, which is a UK company with a registered office in London, here you are with the link to official UK business register / accounts information:
https://beta.companieshouse.gov.uk/company/OC329178Connexion Capital LLP is authorized and regulated by the UK Financial Conduct Authority.
https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000000MfpO8AAJOn 16th of Jan 2019 FABA LTD. became appointed representative, where the principal is Connexion Capital LLP:
https://register.fca.org.uk/ShPo_firmdetailsPage?id=0010X00004LbINPQA3We cooperate with Mr. Cenk Utkan, who has been of great support to us as an advisor for some time already.
Info about us:
FABA LTD. is a UK company with a registered office in London, here is the link to the official UK business register/ accounts information:
https://beta.companieshouse.gov.uk/company/10827120However, We operate from Prague, Czech Republic. Find Our address below:
Povltavska 5
171 00 Prague 7
Czech Republic
In the case of voting rights:
As per our WP, FABA LTD. is only allowed to use a max of ony 20% voting rights of their total held tokens.
https://www.faba-white-paper.com/FABA.pdfIn the case of our already partnered projects, we wish we could share detailed information about them, but unfortunately we can't because of the NDAs signed.
Hooba Foods, is a UK company that uses substitute for meat oyster mushroom.
Hoouba Foods is one of our favourite project as we are very well aware of meat industry impact on our planet:
- Waste From a Farm of 2,500 Dairy Cows is Equivalent to a City of 411,000 People.
- Every Minute, 3.2 Million Kilograms of Excrement are Produced by Animals in the US.
- A Person on a Vegan Diet for 1 Year Needs 674 M²; a Vegetarian Needs 3x that Amount; And a Meat Eater Requires 18x that Amount!
- Global Greenhouse Gas Emissions From Livestock is 51% Versus 13% for All Other Transportation
- 1 Hamburger = 3,000 Liters of Water = 2 Months of Showering
- 105 Billion M² of Rainforest Cleared for Palm Oil Production Versus 550 Billion M² for Animal Agriculture
Some members of FABA core team are vegetarian, we love Hooba Foods project and mostly the taste!!
Social impact of Hooba Foods:
https://hoobafoods.com/pages/social-impactHooba foods is working with a number of partners to grow mushrooms using waste used coffee grounds (that would normally go to landfill) in unused urban spaces and prisons.
Our partners collect the coffee grounds locally, we supply the mushroom spawn, and the growing happens under Newcastle Central Station in an area kindly provided by Virgin Trains East Coast, and at HM Prison Kirklevington in recycled shipping containers. Stated by the Hooba team.
For Long life Inc.
US Company For Long Life inc. has very interesting all natural based products in its porfolio.
FABA is funding the product called DIALESS - Dietary supplement for diabetics with immediate effect.
The "white mafia" is ruling the world today, which claims to heal human lives, but unfortunately does not cure. It's a big business with human lives, insulin has never healed any sick person suffering from diabetes. There are over 400 million people suffering worldwide from diabetes, every year 4.5 million people die of this disease. Dialess works as a prevention and in a larger doses can fully cure this disease.
Our aim is to get this product on the market as medicine.
My Father`s Hair.
Czech company My Fathers Hair s.r.o. is a producer of the hair tincture based on the old family receipt tradition, where the main ingredient is the stinging nettle. This tincture helps to cure the hair loss.
Stinging nettle is a miracle plant and is used widely in alternative medicine.
„If people would be aware of all positive medical effects that nettle has, they would not be growing anything else “.
On 4th of February 2019 Project My Father’s hair got approval for dotation from European union structural and investment funds.
Vuje a.s.
Slovak company Vuje is well known Nucleus energetics research center in Europe.
Together with Vuje, FABA believes in hydrogen technology and hydrogen cars. Water as a resource will always be available, it represents a closed cycle, the exhaust of such a car is the steam which does not pollute our air. By supporting the hydrogen reactor, we are writing the history of the mankind.
This project is the biggest we have in our current portfolio.
Vuje + Faba teams
Mooyla and Cargo, blockchain segment, yes, these projects are ICOs, so what?
Alex Nakonechny - not a big fan of LinkedIn
Alex is a CTO and co-founder of FABA. His wide professional network of contacts has helped us to get where we are today. From the technical point of view he has been a great support around ICO processes and smart contract issues. And from the personality point of view, Alex is the sweetest guy ever, it is a person the whole team can always rely on and have a full trust.
Robert Flocius, our CEO
Robert is in his 50s and with his wide VC experience, building and exiting the companies in all over the world, it would be surprising if he would not have other responsibilities as well.
We are very grateful for his 70% engagement in FABA. He joined the team simply because of the same chemistry w/o any promises. In fact the guy like him does not need any promises anymore. In the FABA team we all have the same aim, to help this world become a better place and it does not really matter if someone with so much hate, believe it or not.
Why Blockchain?
We wanted to open up Ventura capital to ordinary people, where the investment is possible from 200 USD.
As well get inspired by crypto community when deciding on our investments.
Return on investment
If someone has at least a little knowledge how the Venture capital works, it is a general statistic that up to 60% of average VC portfolio companies will fail with ROI lower than 1 and the remaining companies will generate ROI between 3 to 5.
Smart contract
FABA announced the deployment of a new smart contract on the 20th of January 2019. This change became necessary following the bug that affected a lot of ERC20 smart contracts on the 11th of January 2019. FABA smart contract was also affected because we were sending out bulk airdrop tokens to our airdrop participants when the bug exploit occurred on the ethereum blockchain network, and this bug exploit was reported by a lot of ICO teams at the said time of the error.
Article link:
https://steemit.com/new/@fabainvest/new-smart-contract-deployedIt is so sad how much hate and negativity can be in one person. To put all this together must have taken lots of precious time and effort. Crypto world has many positive sites, but unfortunately as well negative ones. This is a perfect example how negative energy can destroy the motivation. But hey, what does not kill us, will makes us only stronger!
Your FABA team
