[CANCELLED] Mainstreet Investment LP (MIT) SECURITIZED BLOCKCHAIN ASSET - page 13.

MainstreetLP

member

Activity: 98

Merit: 10

Mainstreet.ky - 1st Securitized Blockchain Asset

Quote from: KitcatCat on December 27, 2016, 07:56:42 PM

Quote from: bones261 on December 27, 2016, 07:35:30 PM

Quote from: KitcatCat on December 27, 2016, 06:45:15 PM

Is it true, is the op a criminal?

Charlie spent some time in prison, because his exchange helped launder 1 million dollars worth of BTC for the Silk Road and the exchange was not properly licensed.

Is that a federal offence? Sounds like it? How is he running an ICO?

Yes, its no secret I've spent 1 year in prison due to my involvement in BitInstant - you can read about it here: https://news.bitcoin.com/charlie-shrem-home-moving-onward/

Quote from: bones261 on December 27, 2016, 08:35:05 PM

Quote from: KitcatCat on December 27, 2016, 07:56:42 PM

Quote from: bones261 on December 27, 2016, 07:35:30 PM

Quote from: KitcatCat on December 27, 2016, 06:45:15 PM

Is it true, is the op a criminal?

Charlie spent some time in prison, because his exchange helped launder 1 million dollars worth of BTC for the Silk Road and the exchange was not properly licensed.

Is that a federal offence? Sounds like it? How is he running an ICO?

The company is registered in the Caymen Islands and US residents are blocked from participating. This probably makes it beyond the jurisdiction of the USA.

Most token offerings allow anyone to participate. US law is still grey, I'm not taking chances.

I dont handle regulatory, compliance. I work with technology, being the CTO of this project.

Quote from: ltcrstrbrt on December 27, 2016, 08:14:03 PM

@ MainstreetLP, I've sent you PM please check it. Thanks

Got it, thank you!

-Charlie Shrem

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: KitcatCat on December 27, 2016, 07:56:42 PM

Quote from: bones261 on December 27, 2016, 07:35:30 PM

Quote from: KitcatCat on December 27, 2016, 06:45:15 PM

Is it true, is the op a criminal?

Charlie spent some time in prison, because his exchange helped launder 1 million dollars worth of BTC for the Silk Road and the exchange was not properly licensed.

Is that a federal offence? Sounds like it? How is he running an ICO?

The company is registered in the Caymen Islands and US residents are blocked from participating. This probably makes it beyond the jurisdiction of the USA.

ltcrstrbrt

legendary

Activity: 1573

Merit: 1057

@ MainstreetLP, I've sent you PM please check it. Thanks

KitcatCat

member

Activity: 98

Merit: 10

Quote from: bones261 on December 27, 2016, 07:35:30 PM

Quote from: KitcatCat on December 27, 2016, 06:45:15 PM

Is it true, is the op a criminal?

Charlie spent some time in prison, because his exchange helped launder 1 million dollars worth of BTC for the Silk Road and the exchange was not properly licensed.

Is that a federal offence? Sounds like it? How is he running an ICO?

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: KitcatCat on December 27, 2016, 06:45:15 PM

Is it true, is the op a criminal?

Charlie spent some time in prison, because his exchange helped launder 1 million dollars worth of BTC for the Silk Road and the exchange was not properly licensed.

logictense

hero member

Activity: 2147

Merit: 518

Quote from: mummybtc on December 27, 2016, 04:10:32 AM

Quote from: MainstreetLP on December 26, 2016, 09:28:24 AM

Quote from: jacaf01 on December 26, 2016, 07:58:14 AM

Since the fund is capped at $27.5 million, what will happened to the excess fund or not all the 50million tokens will be available for sale.

Correct me where I wrong

Morning, the tokens that are not sold will be burned using proof-of-burn.

So it is not compulsory to sell all the 50 million tokens allocated to the ICO.

What is the minimum fund you guys are expecting to raise to call the incomingICO a success?

That number is nowhere close to what can be dumped by diem holders. See shitty diem outstrips this LP fund asset by a great margin. This is not something to be proud of.

KitcatCat

member

Activity: 98

Merit: 10

Is it true, is the op a criminal?

BTCnoobTard

member

Activity: 70

Merit: 10

Quote from: cryptohunter on December 27, 2016, 04:05:58 PM

So, no USA? no European union investors?
KYC - this will be on polo and will be restricted there?

I dont think this can trade on poloniex, maybe yobit and ccex and bittrex though.

Ive Gone Parabolic

member

Activity: 180

Merit: 20

Quote from: MainstreetLP on December 26, 2016, 09:28:24 AM

Quote from: jacaf01 on December 26, 2016, 07:58:14 AM

Since the fund is capped at $27.5 million, what will happened to the excess fund or not all the 50million tokens will be available for sale.

Correct me where I wrong

Morning, the tokens that are not sold will be burned using proof-of-burn.

This is highly unlikely. U will keep them and dump on support when the dust settles.

JoenNL

member

Activity: 571

Merit: 18

Quote from: cryptohunter on December 27, 2016, 04:05:58 PM

So, no USA? no European union investors?
KYC - this will be on polo and will be restricted there?

Nowp

cryptohunter

legendary

Activity: 2100

Merit: 1167

MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

So, no USA? no European union investors?
KYC - this will be on polo and will be restricted there?

BTCnoobTard

member

Activity: 70

Merit: 10

Dude your a fucking troll!

bigpattywhack

member

Activity: 106

Merit: 10

4.3.2.1.

Answer my question you convicted criminal

Quote

A convicted criminal asking for our money and trust. Excuse me while I go laugh my ass off. Grin Grin
Why should anyone trust you Charlie? You've proven you're willing to break the law and I dont know how you can sit here and ask us to invest in you.

Anyway, I cant justify it but Id like to hear your answer none the less.]A convicted criminal asking for our money and trust. Excuse me while I go laugh my ass off. Grin Grin
Why should anyone trust you Charlie? You've proven you're willing to break the law and I dont know how you can sit here and ask us to invest in you.

Anyway, I cant justify it but Id like to hear your answer none the less.

MainstreetLP

member

Activity: 98

Merit: 10

Mainstreet.ky - 1st Securitized Blockchain Asset

We are LIVE right now with Chris DeRose on Bitcoin Uncensored.

https://www.youtube.com/watch?v=7TUyH31-qgI

MainstreetLP

member

Activity: 98

Merit: 10

Mainstreet.ky - 1st Securitized Blockchain Asset

Quote from: mummybtc on December 27, 2016, 04:10:32 AM

Quote from: MainstreetLP on December 26, 2016, 09:28:24 AM

Quote from: jacaf01 on December 26, 2016, 07:58:14 AM

Since the fund is capped at $27.5 million, what will happened to the excess fund or not all the 50million tokens will be available for sale.

Correct me where I wrong

Morning, the tokens that are not sold will be burned using proof-of-burn.

So it is not compulsory to sell all the 50 million tokens allocated to the ICO.

What is the minimum fund you guys are expecting to raise to call the incomingICO a success?

Good question -

Our first company thats already under purchase agreement (sanitary waste company) costs about 5m USD. We are planning on using 1M USD from the token sale and 4M USD from Intellisys bank loan.

If we can raise 1.5M to cover the purchase of the first company, that would show a great proof of concept and be a success.

-Charlie Shrem

mummybtc

hero member

Activity: 868

Merit: 500

Quote from: MainstreetLP on December 26, 2016, 09:28:24 AM

Quote from: jacaf01 on December 26, 2016, 07:58:14 AM

Since the fund is capped at $27.5 million, what will happened to the excess fund or not all the 50million tokens will be available for sale.

Correct me where I wrong

Morning, the tokens that are not sold will be burned using proof-of-burn.

So it is not compulsory to sell all the 50 million tokens allocated to the ICO.

What is the minimum fund you guys are expecting to raise to call the incomingICO a success?

MainstreetLP

member

Activity: 98

Merit: 10

Mainstreet.ky - 1st Securitized Blockchain Asset

Quote from: jacaf01 on December 26, 2016, 07:58:14 AM

Since the fund is capped at $27.5 million, what will happened to the excess fund or not all the 50million tokens will be available for sale.

Correct me where I wrong

Morning, the tokens that are not sold will be burned using proof-of-burn.

jacaf01

hero member

Activity: 742

Merit: 500

The revolutionary trading ecosystem

Looking at the valuation of the MIT tokens and the cap of $27.5 million, the maximum tokens available for sell 50 million tokens.

I don't know when the ICO price was fixed but with the recent BTC rally there seems to be imbalance in the token valuation
from my calculation

1BTC = 900MIT this is the cheapest price one can get the tokens during the ICO

1MIT = 0.0011BTC

therefore: 50 million MIT = 55555BTC = $48.33 million @ 1BTC= $870

Since the fund is capped at $27.5 million, what will happened to the excess fund or not all the 50million tokens will be available for sale.

Correct me where I wrong

zahra4577

hero member

Activity: 518

Merit: 500

Do we need to buy tokens from exchange to particpate in this ITO? will it not be available through your website?

Selsonblue

hero member

Activity: 661

Merit: 500

Fancy ANN. but I dont want to invest in other marketable securities... Only cryptos bro

Topic: [CANCELLED] Mainstreet Investment LP (MIT) SECURITIZED BLOCKCHAIN ASSET - page 13. (Read 23241 times)