Topic: Calling you forth, Coinographic - page 9. (Read 10492 times)

Not good 

Let's hope for the best.

I can confirm that COINOGRAPHIC have had some major issues since their main investor pulled funding.
I've been told that they are trying to raise some capital this week.
If that fails, refunds should be sent to customers.
Guys, I know it's frustrating. I'm in the same boat as you (having orders not shipped).
Let's hold out this week and see what happens with their plan. Should it not be fruitful we will begin to push for our refunds.

Hmm, thank you for bringing this to the community's attention.

Not surprising to hear that news, in my opinion. I have noticed several red flags coming from Coinographic in the past few months. A shame too, because they have made some very fine physical crypto coins indeed.

This can now play out 2 ways- 1) Coinographic returns all customers' pre-order funds and rewards contest winners accordingly, making them whole. Then Coinographic has to shut down the shop for the time being, but is respected for not robbing customers on the way out the door, and most of us understand because we all know this isn't the strongest time for physical Bitcoin/crypto coin sales.

Or-

2) Coinographic did not expect this to happen (if it did happen- with the "big investor" pulling out) and has squandered away or otherwise mismanaged customers' pre-order funds and the money is gone. Realizing that the ship is sinking fast, Coinographic then makes a last ditch effort to extract anonymous liquid value (Kialara coins) from remaining stock before disappearing into the night.

I'm hoping this doesn't play out like option 2 and what seems like 9 out of 10 prior Bitcoin businesses with "investor" funds.


EDIT: I have nothing against Coinographic personally and am saddened to see this as the possible end result to what seemed like a passionate Bitcoin business in the beginning. But Coinographic- if you read this, please do not run off with the money of people who believed in you & your products and wanted to support your business.

All that's left is to hear what coinographic himself has to say. Thanks for the update. I know many of us are waiting on coins/funding.

I received this message from Coinographic yesterday morning. I replied "Sorry to hear that. Can I ask what you plan to do with the pre-sale funds for the gold collection?"

As of this morning, I haven't heard back. 

For the record, I had offered to purchase one of Coinographic's silver pieces recently, and I expressed an interest in
a trade with them as well.

I am not posting this to tear them down. I don't know the entire story. I am posting this because after reading the comments below I believe this information could prevent others from pre-ordering a product that may never show up.