Since no adequate platform exists to meet the regular payout time every Sunday, i have the right to have my shares to be paid out manually.
These are the terms set out by your IPO.
I expect you to live up to your promises.
If your unable to honor the terms set in our agreement i want you to buy out my shares
On a matter of principle, I understand your frustration having likely lost over 15 btc to this myself, but there is no leverage for us to make such a demand any longer. The original terms of the IPO were thrown out and rewritten with the exchange of these Profit Units.
Worse, I feel suspicious of whether or not investors will ever see a satoshi out of the pool of btc that is currently hanging out there. I'm not calling this an outright racket, but it would make for pretty fantastic example of one.
-Communication and updates have been poor
-What we are given are promises on a timeline, but they're missed
-We're given excuses about why the distributions thus far have been infinitesimal, or why they're being delayed, or why everything including share assignment is happening so slowly (if at all anymore)
-We were forced into a new agreement as our holdings were formally converted to PUs
-Other available options for share assignment and distributions were foregone in favor of an unproven, un-established, crippled system built by Cryptomex. I'm not clear on the exact relationship of Cryptomex to the Petamex>Digimex>Icedrill family, but CMX seems to be a completely separate entity even though under the same ownership
-No clear formal explanation was given as to the process of registering to just receive payouts vs. submitting an overly intrusive KYC document for trading shares.
What expenses have changed that they can't begin any distributions of current holdings before yet another very timely financial report is done? Is there anything even showing that the portion of "private" shares that were purchased before the original IPO went public actually produced capital? Now it would be convenient to dissolve those private shares (owned by who?) into the public pool in the PU conversion. Why does it feel like we're being strung along until there's a resolution with HF at which point it'd be a very opportune time for some to cut and run? It's a lot of accusations; but if what you're standing in looks like shit and smells like shit...
For me, it's been over a month since I've registered on Cryptomex and over a week since I've sent both DT and Will a PM and as of now; I haven't received a response, nor my shares, or a single satoshi.
