Topic: ➡️[ANN][STO][REFERRAL] Orbis - The World's Local Bank - Security Token Offering⬅ (Read 137626 times)

Hi again Eye16,

I have e-mailed Orbis Solutions and have received no response from my e-mail.

I don't understand why nobody knows any answers. To me personally it is beginning to look suspicious that the PR team doesn't know any answers to my below questions or that I receive no response from my e-mail.

These are genuine questions any investor should have the answer to.

You have mentioned that the insurance company involved is a private matter, however for any large investor it is important. I have stated this in my e-mail.

Any other investor including myself is entitled to know in order to assess financial risk and thought it would be a give in to publicly state this.  

I have been in contact with one of the KRM Lawyers and she was semi-helpful but does not know the answer to my questions. Of course as we both know it was only a legal requirement for them to be listed with Orbis Solutions and they no legal liability. In fact it was highlighted that the KRM Advisors have no legality if I was to pursue this further with the SEC.

Again I will ask my questions hoping that someone knows these answers.

Who is the escrow for this ICO? Are they independent, public and transparent? Any correctly structured ICO/STO would have published this so investors know that their funds would be returned if this was a scam or the business model fails.

The white paper mentions an insurance company that backs Orbsi (investment token). Who is this insurance company? Although you mentioned this was private it doesn't give confidence to any large investor.

For any body in the US investing in a security, such as Orbsi Investment Token and freely admitted in the whitepaper as being a security with the availability to US investors. This would mean by law it must be publicly disclosed, and as my research shows it is not. This is a red flag.

So for US customers is this Regulation D, Regulation A+ or Regulation S as in compliance with Section 506C. It must be applied for before the sale of any security.

Is a filing for regulation D public? Yes it is under the SEC website (here: https://www.sec.gov/edgar/searchedgar/companysearch.html). There are 28 companies registered which made this search easy. Nothing here.

Regulation S (info: https://www.isin.net/reg-s-and-144a/). Again this information is public and can be searched here: https://www.isin.net/isin-directory/. I cannot find registration in this database either.

What about Regulation A+ (info: https://www.sec.gov/oiea/investor-alerts-bulletins/ib_regulationa.html). How am I informed under this category, well actually thats a rhetorical question as its available on the SEC website using EDGAR (https://www.sec.gov/edgar/searchedgar/companysearch.html), and I still can’t find them.

This only applies to US residents and is illegal if they buy Orbsi (investment token). Very misleading since the white paper says it’s available to the US, if indeed this hasn't been applied for. I could have easily been mistaken and all it would take is a link to the EDGAR database and all the worries disappear.

Unfortunately with the combination of complete silence to my e-mail, the PR team not knowing this, it's beginning to look suspicious. The biggest red flag for me is stating that anyone in America can be part of buying the orbit investment token yet they are not listed with the SEC! More red flags for me.

On the website https://orbistransfer.com and mentions “all our financial information is online and is independently verified”.  This is not true, no financial information is online - nobody knows where it is, even the PR team, no-one on telegram does. Another red flag?

So let’s recap what I’m hoping to find:

1. Name of the Insurance Company which I guess is underwriting the Orbsi Investment token.

2. The indépendant escrow holding the funds.

3. Who has independently verified the financial information?

4. Links for proof that US citizens can participate with the investment token (Regulation D, A or S).

I know that someone here would have investigated some of this, even if they don't live in the US. Nobody would invest without research, right?

All it's going to take is answering my questions so my mind can be put to rest and I can invest.

For any American investing in this without the approval from the SEC risks fines/jail time while the offshore company Orbis Solutions walks away with all their crypto. It is also illegal not to publicly disclose information pertaining to the the SEC approval - there is ZERO public disclosure.

I am hoping you can expedite a response. I am genuinely interested hence my legal route. If you can read between the lines only a serious investor with considerable investment (although relative) would want these answers.

No idea what is going on, but maybe they just don't have any relevant updates at this point in time.

I never got an answer . For me, this project is no longer valuable . The team ignores its community .

This is a bad image for the Orbis Project why are they doing this kind of cheating? I hope that there will be a breakdown from Orbis to be able to carry out their projects even though this project has been going on for a long time.

Is that so? Well I guess it will have a negative impact to the project in general and could diminish investor's confidence but I'm still hoping they would resolve it at the soonest possible time because it will surely tarnish the project's reputation and they should do their best to fix it asap.

Little problem?
They behave(team) so as not to pay. If you are an investor, think three times what your prospects are in this project.

Regarding that, I also don't know what happened, of course, but if I glance at a glance, there seems to be a slight problem and I hope that the problem can be resolved soon, we trust the team

What has happened to this project? There is little news on its development but there are a lot of noises from its community especially its bounty participants and I really hope it will be resolved asap since it could have a negative effect on the project itself and the team should know that.

You can find the answer to your question here: https://t.me/orbis_scam

I do not think you can contact this project. Among them are inadequate, which even threaten people. Right now, the project representative is dirty in the chat.

still not found an manager yet ?

We could give them a little bit more time with regards and I hope they would be responsible enough to accommodate the request of the community so as to avoid any insinuations in the future.

Yeah, it will be announced later on but I think it would be more fitting if they could inform the community more often about the fundraising's status so that the community might have a good idea about it.

I understand the STO has already reached its softcap of 5 million Euros but I was wondering what is the current total amount right now based on the progress bar on their website - https://orbistransfer.com/ . I think it must be over 10 million Euros right now as per my estimate.??

I accidentally found out in the telegram channel that the bounty company was suddenly finished, I think it's not the the blame of the bounty manager , most likely so wanted the project team .

I also surprised that the bounty was finished suddenly without any notification from the bounty manager. that was weird behavior from him.