No one calls Esecurity a scam. A lot people (including me) assume it because you haven't give any reason why you are more than 60% for a loan. There are cheaper ways to get a loan for a well respected companies like Esecurity S.A.. It's is nothing personal it is just that the prirate scammed many members of this community and he also paid a higher interest than usual and didn't disclose why.
BTW: Esecurity is one of the best rated assets on LTC-Global and BTCT.
But I understand your decision. It is awesome for all shareholders and bad for everyone else.
The business model was quite simple and explained in contract. I wont explain it again but was really simple. Why Im able to give back such dividend ? Cause server bring me more than I give and the fees for network are same with 50 server...or 100 servers....Easy to do the math and also conclude each server plugged and rented bring 180% in 1 year (In worst case).
Why I didnt took a loan ? Usual loan to a bank are not easy, as esecurity is registered offshore and we use also a offshore bank. They are business bank, and loan are not their business. Then I could loan on public market cheaper. Right. If you remind Im supporting LTC since the start and I decided to first loan with LTC to boost the market. Thinking I will have to buy then monthly for like 500 usd of ltc.
Then I opened fund in btc as this business model was ok for me. It means we get new servers, and after 1 or 2 year they become our server. After we gave most of benefits to investors at start. Maybe this business model was so good for investors, and If I had offered less profits to investors ( keeping also more for me) I wont have such image today. Well thats why I say the situation was quite funny...
IMO LTC need legal entities ready to give him a shoot like I was, need to boost the market, stabilize it and grow... But If everytime a company ready to give him a shoot is also threated like any scammers anonym...you can guess they will run quickly out of crypto not ready to give some bad image to their company worthing MUCH more that all this small money story...Well I hope LTC will sucess and I will continu on project Im working on, to make it bigger...