Putting our Money on Bitcoin (and according to fucktard, The Legends Room)
December 8, 2015
By Stephen Hicks, CEO and Founding Principal of Southridge Capital
In its relatively short existence, Bitcoin – the cryptocurrency and payments system – has undergone a tremendous transformation in public perception and participation. After its creation in 2008, it was primarily housed in the domain of expert cryptographers. From there, it slowly grew with a small but enthusiastic community who began experimenting with its usefulness. In 2010, a Florida programmer famously ordered two Papa John’s pizzas for which he paid 10,000 bitcoins (worth $25 at the time). Now celebrated annually by bitcoin fans, the pizza order was the first real-world bitcoin purchase and marked the beginning of bitcoin’s entry into mainstream commerce.
While bitcoin is still in the early adopter stage from a consumer standpoint, hedge funds are becoming more publicly engaged in the bitcoin ecosystem and including bitcoin in their investment portfolios. Sill largely anecdotal, some well-publicized examples include the launch of an institutional grade Bitcoin Hedge Fund by Coin Capital Management, and the Pantera Bitcoin Partners fund, which launched in part with investment from Wall Street’s Fortress Investment Group, LLC (NYSE: FIG).
Many venture capital firms and other investors have invested in bitcoin-related enterprises, covering everything from mobile remittances to payments technology. In its latest “State of Bitcoin” report, Coindesk noted that the bulk of the $433m of new venture capital that’s been invested in bitcoin startups since 2012 has come in 2014; a total of $335m was invested in 2014, with a whopping $130m invested in the 4th quarter alone. We believe that the institutional and hedge fund interest in bitcoin will continue to accelerate for a number of interconnected reasons including expectation of price increases, increased use by retailers – especially online, and continued interest in how companies can utilize bitcoin technology to streamline their businesses.
We predict that the Bitcoin digital currency will continue to find its way into the daily lives of many consumers, which is one of the reasons we decided to invest in Bitcoin Direct, an automated bitcoin seller, to build and distribute bitcoin ATMs. Bitcoin Direct is a subsidiary of the.Connexus Cattle Corporation (CNXS) (the Company just announced that they are soonchanging their name to the Connexus Corporation and moving in a different business direction),having recently been taken public through acquisition.Connexus has also partnered with celebrity Mike Tyson in order to accelerate the branding of its ATM product which we believe to be a game changer in the industry. We see tremendous potential for bitcoin-related businesses since digital currency can be used for everything from daily consumer purchases to remittances to gaming. We already know that bitcoin ATMs have the capacity to outperform gaming kiosks in places like Las Vegas where the Company has begun to install its ATM machines. Southridge looks for investment where it can enter near the beginning of the life of a new idea and where there are few capacity limitations. The Bitcoin industry clearly fits those criteria from our vantage point.
According to BitPay, a leading bitcoin payment processor, over 100,000 merchants worldwide are now accepting Bitcoin with the number of European transactions alone reaching an all time high of 102,221 in the second quarter of this year. Growth in Latin America appears to maintain its impressive trajectory as well.
In the e-commerce world, the number of retailers accepting bitcoin continues to grow, and now includes major brands such as Dell, PayPal, Expedia, Dish, Intuit, Stripe, and Microsoft. In the
remittance market, which is largely dominated by money transfers from developed countries to developing ones, interest in Bitcoin is tremendous.
Bitcoin currency experienced extreme initial price volatility, having started at $0.10 and peaked at over $1200 in 2013. Today’s bitcoin price is closer to $330 after a recent run from the $220 range and is substantially less volatile than in its infancy. A Wedbush report noted that the growing demand for bitcoin stems from an increase in usage for e-commerce payments, remittances and micropayments. As reported by Coindesk, Wedbush expects bitcoin to ultimately account for 10% of the $5.9 trillion online payments market, 20% of the $744 billion remittance market, and 20% of the $924 billion micro transactions market. Importantly and in contrast to both traditional and alternative digital currencies, Bitcoin Technology is virtually hack proof, a main confidence building component in its acceptance.
At the beginning of last year, renowned American entrepreneur and investor Marc Andreessen compared the invention of bitcoin to the invention of the internet, with the same wide-ranging potential for the development of revolutionary products and services. Our firm certainly agrees with this assessment. Further evidence of bitcoin being on the verge of greater acceptance comes from a recent report by Greenwich Associates, which looked at the potential of bitcoin technology for institutional finance. Of the financial professionals interviewed for the report, an astounding 94% believed that systems similar to Bitcoin’s block chain could be applied in their businesses.
Yet there is still room for greater use and liquidity. It was widely reported that during the Greek crisis, there was an increase in bitcoin prices as some speculated that bitcoin could be an option for Greeks looking to protect wealth, but the reality was that there was very little bitcoin trading related to Greece, and the average Greek citizen has not even heard of bitcoin. While liquidity continues to be a problem for bitcoin, as accessibility is limited, it is possible to buy Bitcoins through a variety of methods, including online venues and now bitcoin ATMs. The launch of bitcoin ATMs, which allow consumers and laypeople to purchase bitcoins, has been widely publicized and will contribute to the public understanding and use of bitcoin. As the number of ATMs increases, we believe that general liquidity will increase, as well.
Additionally, we believe that given the need to stimulate economies throughout the world that
expansionary monetary policy will be the order of the day for quite some time. Bitcoin, with its
stable money supply, represents an attractive currency for individuals looking to offset
inflationary pressures. We believe there will be increased demand for Bitcoin for this reason.
That, combined with our expected performance of Connexus, because of its Bitcoin Direct
acquisition, may provide for price appreciation in the Company’s stock. We also believe that part
of the current opportunity is the Company’s small market capitalization due to its current price
and outstanding share count, and that in furthering the growing business of Bitcoin Direct, the
market capitalization of the Company should grow commensurately. As such, we believe our
investment is justified.
Bitcoin has come a long way since that first pizza purchase. Bitcoin is going to continue to drive payments innovation for some time to come, and I truly believe institutional investors who ignore this nascent asset class will be looking back at it as a missed opportunity.
###
Stephen Hicks is the Chief Executive Officer and founding principal of Southridge Capital, a diversified financial holding company specializing in direct investment and advisory services to small and middle market companies. Southridge has partnered with Bitcoin Direct, LLC, an automated Bitcoin seller and subsidiary of the Connexus Corporation (CNXS), to build and distribute Bitcoin ATM machines.
Topic: [CANCELLED]The Legends Room Las Vegas - page 5. (Read 35064 times)
https://bitcointalksearch.org/user/guybouchard-960673
interesting......
this "gaybouchard" has only and exclusively posted on the legends thread.
i mean, mate, at least post some shit somewhere else......
You are so obviously a SHILL ACCOUNT for this silly SCAM
interesting......
this "gaybouchard" has only and exclusively posted on the legends thread.
i mean, mate, at least post some shit somewhere else......
You are so obviously a SHILL ACCOUNT for this silly SCAM
Different Conrad Huss, fucktard. This Huss is alive and in charge of the company. http://www.bloomberg.com/research/stocks/people/person.asp?personId=6320029&privcapId=12006246
And if you're still not convinced that The Legends Room is a scam, perhaps having a dead person (not Ted Binion; think: smoking gun re image above) making up team Peter Klamka will convince you.
February 24, 2017 ~ Shares In Connexus Corporation (OTCMKTS: CNXS) Gain over 600% This Week On Bitcoin Resurgence: http://streetregister.com/2017/02/24/shares-in-connexus-corporation-otcmkts-cnxs-gain-over-600-this-week-on-bitcoin-resurgence/
https://www.linkedin.com/in/conrad-huss-a0343034/
http://www.marketvisual.com/d/acef0060-afe1-4359-838e-9bff081fabc8/CONRAD+HUSS
http://www.greensheet.biz/breakingnews.php?flag=breaking_news&id=1555
http://edgar.brand.edgar-online.com/efxapi/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=11002037-338125-342780&SessionID=ut-Le6MVEdm8zl7
September 16, 2016: Conrad Huss passed away ...
http://www.legacy.com/obituaries/name/conrad-huss-obituary?pid=1000000181490071&page=2
So, how is it possible for Conrad Huss to be quoted in 2017 when he died in September 2016?
I'm sure as hell that Guy BuckTard will tell us how. HAHAHA & Chuckles
And if you're still not convinced that The Legends Room is a scam, perhaps having a dead person (not Ted Binion; think: smoking gun re image above) making up team Peter Klamka will convince you.
February 24, 2017 ~ Shares In Connexus Corporation (OTCMKTS: CNXS) Gain over 600% This Week On Bitcoin Resurgence: http://streetregister.com/2017/02/24/shares-in-connexus-corporation-otcmkts-cnxs-gain-over-600-this-week-on-bitcoin-resurgence/
https://www.linkedin.com/in/conrad-huss-a0343034/
http://www.marketvisual.com/d/acef0060-afe1-4359-838e-9bff081fabc8/CONRAD+HUSS
http://www.greensheet.biz/breakingnews.php?flag=breaking_news&id=1555
Quote
Living up to its brand promise of being "a different kind of cattle company," Conexus Cattle Corp. disclosed on May 19, 2015, that it acquired a 51 percent membership interest in Bitcoin Direct LLC, a Nevada limited liability corporation focused on deploying automated bitcoin machines (ABMs) throughout North America.
http://edgar.brand.edgar-online.com/efxapi/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=11002037-338125-342780&SessionID=ut-Le6MVEdm8zl7
September 16, 2016: Conrad Huss passed away ...
http://www.legacy.com/obituaries/name/conrad-huss-obituary?pid=1000000181490071&page=2
Quote
I am deeply saddened to learn that my mentor at M3 Engineering, Conrad Huss passed away. Dr. Huss is one of the greatest men I have ever met. I had the honor of working for him for almost 12 years. He gave me great support when I started my career in design and I am deeply grateful to him for his support.
Quote
Conrad was an important part of my life for over 15 years. I learned more about engineering from him than anyone else in my professional career. My condolences to his family and to all of the M3 employees who had the privilege of working with him.
So, how is it possible for Conrad Huss to be quoted in 2017 when he died in September 2016?
I'm sure as hell that Guy BuckTard will tell us how. HAHAHA & Chuckles
So you are saying that The Legends Room is controlled by Steve Hicks, Henry Sargent, and Peter Klamka. They have invested over 1.8 billion in various businesses. http://www.southridge.com. They will pump and dump the Legends tokens? So my $4500 might be worth $20,000 or $30,000 or $40,000 during the pump? And I get free lap dances and free booze? These guys are geniuses. See fuckface it's not a scam if they produce the product. The Mike Tyson ATM exists. The Mike Tyson bitcoin wallet exists.https://bravenewcoin.com/news/a-closer-look-at-the-mike-tyson-bitcoin-wallet-its-a-contender/
The Legends Room exists. And if they pump the token to the moon, God love them! Buying more right now!
[size=10pt]
[/size][/size][/color][/b]
The Legends Room exists. And if they pump the token to the moon, God love them! Buying more right now!
[size=10pt]
[/size][/size][/color][/b]
Yes, Peter Klamka (of Bitcoin Brands) is still in bed with Henry Sargent & Steven Hicks' Iconic Brands: http://investorshub.advfn.com/Iconic-Brands-Inc-ICNB-15837/
ref. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127838124
ref. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127838124
And if you're still not convinced that The Legends Room is a scam, perhaps having a dead person (not Ted Binion; think: smoking gun re image above) making up team Peter Klamka will convince you.
February 24, 2017 ~ Shares In Connexus Corporation (OTCMKTS: CNXS) Gain over 600% This Week On Bitcoin Resurgence: http://streetregister.com/2017/02/24/shares-in-connexus-corporation-otcmkts-cnxs-gain-over-600-this-week-on-bitcoin-resurgence/
https://www.linkedin.com/in/conrad-huss-a0343034/
http://www.marketvisual.com/d/acef0060-afe1-4359-838e-9bff081fabc8/CONRAD+HUSS
http://www.greensheet.biz/breakingnews.php?flag=breaking_news&id=1555
Quote
Living up to its brand promise of being "a different kind of cattle company," Conexus Cattle Corp. disclosed on May 19, 2015, that it acquired a 51 percent membership interest in Bitcoin Direct LLC, a Nevada limited liability corporation focused on deploying automated bitcoin machines (ABMs) throughout North America.
http://edgar.brand.edgar-online.com/efxapi/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=11002037-338125-342780&SessionID=ut-Le6MVEdm8zl7
September 16, 2016: Conrad Huss passed away ...
http://www.legacy.com/obituaries/name/conrad-huss-obituary?pid=1000000181490071&page=2
Quote
I am deeply saddened to learn that my mentor at M3 Engineering, Conrad Huss passed away. Dr. Huss is one of the greatest men I have ever met. I had the honor of working for him for almost 12 years. He gave me great support when I started my career in design and I am deeply grateful to him for his support.
Quote
Conrad was an important part of my life for over 15 years. I learned more about engineering from him than anyone else in my professional career. My condolences to his family and to all of the M3 employees who had the privilege of working with him.
So, how is it possible for Conrad Huss to be quoted in 2017 when he died in September 2016?
I'm sure as hell that Guy BuckTard will tell us how. HAHAHA & Chuckles
Yes, Peter Klamka (of Bitcoin Brands) is still in bed with Henry Sargent & Steven Hicks' Iconic Brands: http://investorshub.advfn.com/Iconic-Brands-Inc-ICNB-15837/
ref. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127838124
ref. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127838124
Thanks to this doc - http://edgar.brand.edgar-online.com/efxapi/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=11002037-338125-342780&SessionID=ut-Le6MVEdm8zl7 - we learn who Peter Klamk's busines partner is, namely Stephen M. Hicks ...
https://www.law360.com/securities/articles/204092/sec-conn-ag-sue-southridge-manager-for-fraud
Then again, Nick Blomgren was the only saint in Ted Binion's drug circles, and remains a saint to this very day.
https://www.law360.com/securities/articles/204092/sec-conn-ag-sue-southridge-manager-for-fraud
Quote
SEC, Conn. AG Sue Southridge Manager For Fraud
By Dietrich Knauth
Law360, New York (October 26, 2010, 6:16 PM EDT) -- The U.S. Securities and Exchange Commission and the Connecticut attorney general have filed separate lawsuits against hedge fund manager Stephen M. Hicks, accusing him of fraudulently inflating the value of investments and lying to investors about what he'd do with their money.
Hicks, who is the principal of funds Southridge Capital Management LLC and Southridge Advisors LLC, allegedly collected $1.8 million in management fees for a sham $30 million investment in Fonix Corp., according to the SEC complaint filed Monday in the U.S. District Court for the District of Connecticut. The hedge funds are named as co-defendants in the suit.
The SEC further claims that Hicks poached $5 million from new investors to pay off debts accumulated by his older, failing hedge funds and fraudulently promised the new investors that their money would be invested in unrestricted, free-trading securities.
The Connecticut suit, filed Monday in the Superior Court of Connecticut, made similar claims and estimated that Hicks had collected $26 million in fees stemming from the investment of 72 percent of the funds' money in three companies, including Fonix, that were nearly worthless to investors.
Attorney General Richard Blumenthal said in a statement Monday that Hicks had benefited from "lucrative lies" and said his office would pursue restitution and civil penalties.
"This kind of financial fraud harms investors, but also the entire economy," Blumenthal said.
The SEC is specifically pursuing the $1.8 million in fees that Hicks collected after orchestrating the sale of nearly bankrupt LecStar Telecom Inc., in which his funds were heavily invested, to Fonix.
Between 2002 and 2004, Hicks engaged in a series of sales that transferred LecStar between funds he owned, inflating the sale price each time. In a little more than a year, Hicks inflated company's price from an assessed value of $10,000 in November of 2002 to a sale price of $30 million without adding any actual value, according to the SEC.
In February 2004, Hicks sold LecStar to Fonix, another troubled company that his Southridge funds had invested millions in, the SEC said. In lieu of cash, the Southridge funds accepted $20 million in Fonix stock and a $10 million promissory note secured by LecStar stock and assets, all of which proved to be worth much less than their stated value.
Investors gained no benefit from the deal as the value of the two companies spiraled down, the SEC said. LecStar filed for bankruptcy in 2006, and Fonix's stock continued to fall, dropping far below 1 cent per share.
Hicks, however, profited handsomely, the SEC said. Based on the false $30 million price of the investment, his hedge funds charged investors a 1 percent management fee per year — more than $1.8 million to date, according to the SEC.
Besides the overvaluing of LecStar and Fonix, the SEC also accused Hicks of lying to investors as he transitioned from three older funds struggling with liquidity to new funds started in 2003. The old funds — Sovereign Partners LP, Dominion Capital Fund Ltd. and Dominion Investment Fund LLC — had largely ceased to attract new investors by 2004, the SEC said.
In 2003, Hicks started two new funds, Southridge Partners LP and Southshore Capital Fund Ltd., and between 2003 and 2008 he raised nearly $80 million for the new funds while telling investors that he “had learned his lesson” from previous failures and would invest at least 75 percent of the money in unrestricted, free-trading securities.
But by 2006, as much as half of investors' money was held in restricted securities, the SEC said. By the end of 2007 investors in the new funds had submitted nearly $7 million in redemption requests that the defendants couldn't satisfy, according to the SEC.
In addition, Hicks improperly used $5 million from the new funds to pay for legal and administrative fees incurred by the old funds. Instead of repaying with cash, he repaid the new funds with overvalued, illiquid securities from the old funds, according to the complaint.
The SEC is seeking disgorgement of Hicks' ill-gotten gains, civil penalties and an injunction against further violations of securities law.
Sovereign and Southridge are U.S.-based, while Southshore Capital and the old Dominion funds are offshore funds primarily for non-U.S. investors, the SEC said.
Counsel information for the defense was not available Tuesday.
The case is Securities and Exchange Commission v. Southridge Capital Management LLC et al., case number 3:10-cv-01685, in the U.S. District Court for the District of Connecticut.
By Dietrich Knauth
Law360, New York (October 26, 2010, 6:16 PM EDT) -- The U.S. Securities and Exchange Commission and the Connecticut attorney general have filed separate lawsuits against hedge fund manager Stephen M. Hicks, accusing him of fraudulently inflating the value of investments and lying to investors about what he'd do with their money.
Hicks, who is the principal of funds Southridge Capital Management LLC and Southridge Advisors LLC, allegedly collected $1.8 million in management fees for a sham $30 million investment in Fonix Corp., according to the SEC complaint filed Monday in the U.S. District Court for the District of Connecticut. The hedge funds are named as co-defendants in the suit.
The SEC further claims that Hicks poached $5 million from new investors to pay off debts accumulated by his older, failing hedge funds and fraudulently promised the new investors that their money would be invested in unrestricted, free-trading securities.
The Connecticut suit, filed Monday in the Superior Court of Connecticut, made similar claims and estimated that Hicks had collected $26 million in fees stemming from the investment of 72 percent of the funds' money in three companies, including Fonix, that were nearly worthless to investors.
Attorney General Richard Blumenthal said in a statement Monday that Hicks had benefited from "lucrative lies" and said his office would pursue restitution and civil penalties.
"This kind of financial fraud harms investors, but also the entire economy," Blumenthal said.
The SEC is specifically pursuing the $1.8 million in fees that Hicks collected after orchestrating the sale of nearly bankrupt LecStar Telecom Inc., in which his funds were heavily invested, to Fonix.
Between 2002 and 2004, Hicks engaged in a series of sales that transferred LecStar between funds he owned, inflating the sale price each time. In a little more than a year, Hicks inflated company's price from an assessed value of $10,000 in November of 2002 to a sale price of $30 million without adding any actual value, according to the SEC.
In February 2004, Hicks sold LecStar to Fonix, another troubled company that his Southridge funds had invested millions in, the SEC said. In lieu of cash, the Southridge funds accepted $20 million in Fonix stock and a $10 million promissory note secured by LecStar stock and assets, all of which proved to be worth much less than their stated value.
Investors gained no benefit from the deal as the value of the two companies spiraled down, the SEC said. LecStar filed for bankruptcy in 2006, and Fonix's stock continued to fall, dropping far below 1 cent per share.
Hicks, however, profited handsomely, the SEC said. Based on the false $30 million price of the investment, his hedge funds charged investors a 1 percent management fee per year — more than $1.8 million to date, according to the SEC.
Besides the overvaluing of LecStar and Fonix, the SEC also accused Hicks of lying to investors as he transitioned from three older funds struggling with liquidity to new funds started in 2003. The old funds — Sovereign Partners LP, Dominion Capital Fund Ltd. and Dominion Investment Fund LLC — had largely ceased to attract new investors by 2004, the SEC said.
In 2003, Hicks started two new funds, Southridge Partners LP and Southshore Capital Fund Ltd., and between 2003 and 2008 he raised nearly $80 million for the new funds while telling investors that he “had learned his lesson” from previous failures and would invest at least 75 percent of the money in unrestricted, free-trading securities.
But by 2006, as much as half of investors' money was held in restricted securities, the SEC said. By the end of 2007 investors in the new funds had submitted nearly $7 million in redemption requests that the defendants couldn't satisfy, according to the SEC.
In addition, Hicks improperly used $5 million from the new funds to pay for legal and administrative fees incurred by the old funds. Instead of repaying with cash, he repaid the new funds with overvalued, illiquid securities from the old funds, according to the complaint.
The SEC is seeking disgorgement of Hicks' ill-gotten gains, civil penalties and an injunction against further violations of securities law.
Sovereign and Southridge are U.S.-based, while Southshore Capital and the old Dominion funds are offshore funds primarily for non-U.S. investors, the SEC said.
Counsel information for the defense was not available Tuesday.
The case is Securities and Exchange Commission v. Southridge Capital Management LLC et al., case number 3:10-cv-01685, in the U.S. District Court for the District of Connecticut.
Then again, Nick Blomgren was the only saint in Ted Binion's drug circles, and remains a saint to this very day.
interesting reading ...
following ...
#crysx
following ...
#crysx
The Legends Room will be even more interesting once Brad Burn's girls are onboard to dominate patrons' faces.
The same team behind TLR brought you the Mike Tyson Bitcoin ATMs which is no longer in business: http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=TNf%252b3sk8PVBKg7IltQrXUQ%253d%253d&nt7=0
This is awesome. Score +1 for Mike Tyson on this alternative investment.
Hear! Hear!
I don't know. Things just feel different: https://www.youtube.com/watch?v=fYMzoTEloD0
http://siliconangle.com/blog/2015/07/26/mike-tyson-suckered-into-endorsing-branded-bitcoin-atms-in-potential-scam/
Quote
Exclusive: Mike Tyson suckered into endorsing branded Bitcoin ATMs in potential scam
BY DUNCAN RILEY
Former heavyweight world boxing title holder Mike Tyson may be biting off more than a rival’s ear in August with news over the weekend that he is apparently getting into the Bitcoin ATM ring. But an investigation by SiliconANGLE has revealed that Tyson may have been scammed.
“Mike Tyson Bitcoin ATM” is said to offer a revolution in offering cash to Bitcoin services in 20 seconds, which is 10 seconds faster that Iron Mike’s quickest knockout in a professional bout, which clocked in at 30 seconds.
Confirmation that Tyson was involved in the offering came by Tyson’s Twitter account, with the retired fighter claiming the service will “change the way we get change.”
If it looks like a scam …
Precious little is known about the service other than what we’ve written above, and various Bitcoin forums are full of speculation as to whether this is a legitimate business enterprise or not. While Tyson is reported to actually be a smart operator by some, he certainly doesn’t always present himself that way in public.
The biggest lead comes via the registration of the domain name miketysonbitcoin.com, which is registered to one Peter Klamka.
A search finds that Klamka is the Chief Executive Officer of Bitcoin Brands, Inc., which offers a site called Bitcoin for Miles (a site to buy airline frequent flyer miles) and something called the “Bitcoin Vending Network,” which makes a mish-mash of claims, talking about offering ATM services on one hand, then vending machines (not sure if these are meant to be different) on the other.
The other service the company alleges to provide is BitMD, claimed to provide Bitcoin payment services to the medical marijuana industry.
Doesn’t sound too bad in theory, and if it was providing those services it would be, but there’s only one serious problem: We can’t find any solid evidence, outside of the company’s own press releases, that they are.
There are a number of press releases pertaining to alleged establishments of Bitcoin ATMs and Bitcoin payment services, and a few sites that simply repeat the claims in the press releases, but there appears to be no legitimate press; that is say a local news report on an ATM opening complete with pictures of people, which you’d expect with a Bitcoin ATM opening, or a promo piece about the medical marijuana seller now taking Bitcoins; they’re either extraordinarily bad at on-the-ground local PR or the press releases are pure fantasy.
But it gets worse: Bitcoin Brands is listed as an Over-The-Counter (OTC) stock, so if it actually was providing these services you’d expect that to reflect in its share price and market cap.
Their current share price is $0.0001 per share with a market cap of $6,780. That’s not millions, that’s six thousand, seven hundred and eighty dollars.
So, a company worth $6,870 has done a legitimate deal with Mike Tyson to provide Mike Tyson Bitcoin ATM’s?
Excuse the language, but bullshit it has.
The best guess here is that Mike Tyson has been suckered into a deal by a fast talker who has promised him millions if he gets involved and lends his name to the enterprise, despite the company behind the enterprise having a market cap that is probably about half the value of one bottle of the champagne Tyson prefers to drink.
The other alternative theory is that Tyson himself has invested money into the service and Klamka is a business partner. But if that’s the case, it throws Tyson’s business judgement into serious doubt as any basic due diligence via a simple Google search would have found that not everything is as it seems when it comes to Bitcoin Brands and its alleged provision of various services.
If we find out more, we’ll update the post.
BY DUNCAN RILEY
Former heavyweight world boxing title holder Mike Tyson may be biting off more than a rival’s ear in August with news over the weekend that he is apparently getting into the Bitcoin ATM ring. But an investigation by SiliconANGLE has revealed that Tyson may have been scammed.
“Mike Tyson Bitcoin ATM” is said to offer a revolution in offering cash to Bitcoin services in 20 seconds, which is 10 seconds faster that Iron Mike’s quickest knockout in a professional bout, which clocked in at 30 seconds.
Confirmation that Tyson was involved in the offering came by Tyson’s Twitter account, with the retired fighter claiming the service will “change the way we get change.”
If it looks like a scam …
Precious little is known about the service other than what we’ve written above, and various Bitcoin forums are full of speculation as to whether this is a legitimate business enterprise or not. While Tyson is reported to actually be a smart operator by some, he certainly doesn’t always present himself that way in public.
The biggest lead comes via the registration of the domain name miketysonbitcoin.com, which is registered to one Peter Klamka.
A search finds that Klamka is the Chief Executive Officer of Bitcoin Brands, Inc., which offers a site called Bitcoin for Miles (a site to buy airline frequent flyer miles) and something called the “Bitcoin Vending Network,” which makes a mish-mash of claims, talking about offering ATM services on one hand, then vending machines (not sure if these are meant to be different) on the other.
The other service the company alleges to provide is BitMD, claimed to provide Bitcoin payment services to the medical marijuana industry.
Doesn’t sound too bad in theory, and if it was providing those services it would be, but there’s only one serious problem: We can’t find any solid evidence, outside of the company’s own press releases, that they are.
There are a number of press releases pertaining to alleged establishments of Bitcoin ATMs and Bitcoin payment services, and a few sites that simply repeat the claims in the press releases, but there appears to be no legitimate press; that is say a local news report on an ATM opening complete with pictures of people, which you’d expect with a Bitcoin ATM opening, or a promo piece about the medical marijuana seller now taking Bitcoins; they’re either extraordinarily bad at on-the-ground local PR or the press releases are pure fantasy.
But it gets worse: Bitcoin Brands is listed as an Over-The-Counter (OTC) stock, so if it actually was providing these services you’d expect that to reflect in its share price and market cap.
Their current share price is $0.0001 per share with a market cap of $6,780. That’s not millions, that’s six thousand, seven hundred and eighty dollars.
So, a company worth $6,870 has done a legitimate deal with Mike Tyson to provide Mike Tyson Bitcoin ATM’s?
Excuse the language, but bullshit it has.
The best guess here is that Mike Tyson has been suckered into a deal by a fast talker who has promised him millions if he gets involved and lends his name to the enterprise, despite the company behind the enterprise having a market cap that is probably about half the value of one bottle of the champagne Tyson prefers to drink.
The other alternative theory is that Tyson himself has invested money into the service and Klamka is a business partner. But if that’s the case, it throws Tyson’s business judgement into serious doubt as any basic due diligence via a simple Google search would have found that not everything is as it seems when it comes to Bitcoin Brands and its alleged provision of various services.
If we find out more, we’ll update the post.
interesting reading ...
following ...
#crysx
following ...
#crysx
No one left. Just another day closer to the opening of the Legends Room. Long and strong with VIP. No way the team pays one bit of attention to nonmembers on a fucking forum that no one but the incestuous crypto fags read. That's the beauty of a membership club...it keeps out the undesirables and keeps in Kat Dior!
This wasn't a fucking forum that no one but the incestuous crypto fags read when Team Legends came here and got two of its users to visit Centerfolds, soon thereafter using their visits as a means to give The Legends Room its must needed cred until, that was, I came along and started poking holes in this already sinking ship causing TLR to seek a new venue, namely StripTease's nondescript edifice.
Don't worry, Guy BuckTard, TLR will refund your $4,500 after you call Amanda Early at Hard Rock Casino at 973-588-2000 since it's no longer the weekend, and she'll tell you that they have ZERO connection with The Legends Room and are in the process of having their brand mentions removed. BTW, Amanda Early is not related to Handsome Early aka Patrick Dai of Qtum. Trust me on this one, for I vetted her too.
Don't forget that Team Legends went on and on for three weeks talking about all the renovations going at Centerfolds, readying it for an April 1st opening with ownership papers and licenses in hand, and with Kevin Hobbs of Vanbex confirming such every step of the way, then the entire team made a 180 when they couldn't stand the heat anymore re Centerfolds was never in their control. HAHAHA & Chuckles
TLR can't produce or provide the link to LV permits' page depicting said renovations that are 100% required my law, even though an honest group like The Legends Room would've 100% had applied for, then granted by LV.
Ergo, since TLR can't provide permit proof, they are 100% a scam, as any lawyer worth their salt would tell you or in a court of law.
We have a venue, pics and address are on the website.
We also have licences, more about this next week.
You guys have made assumptions trying to discredit the project but haven't succeeded, remember the community is the one to be convinced not yourselves.
The Legends Room is opening in April, and that's for sure.
We also have licences, more about this next week.
You guys have made assumptions trying to discredit the project but haven't succeeded, remember the community is the one to be convinced not yourselves.
The Legends Room is opening in April, and that's for sure.
Quote
a fucking forum that no one but the incestuous crypto fags read
Good! Guy BuckTard decided to attend class today. Perhaps he'll stick around long enough to learn that Peter Klamka is every part of The Legends Room which Guy adamantly denies.
And now where is Peter Klamka on any documents related to the Legends Room besides the above mentioned ATM agreement? On the incorporation papers? NO. On the website? NO. In your fantasyland of delusion? YES.
Why don't you ask Nick or Stephan since they're the ones who said that Peter is their business partner here -> https://www.youtube.com/watch?v=R1-TRvigCjo&feature=youtu.be&t=203
Surely, you've see the video, for you've cited its contents at least once.
Dude, you're totally a lost cause if you adamantly believe that Peter Klamka IS NOT part of The Legends Room, for surely that's one fact that all here can agree on with now the exception of your retarded ass.
Further, here is Peter's brother, Richard Klamka, in his own words ...
http://www.klamkalaw.com/attorney-profile
If you want further proof, then look no further than the description below the YouTube video:
https://www.youtube.com/watch?v=R1-TRvigCjo
PS: All because I'm a fagot and suck a many dicks, doesn't give you the right to proclaim such via calling me names. Are you jealous because you're not a bona fide cocksucker?
PPS: Only a retard would spend $2.73 online to find what's available for free on the Internet.
Note to self: Never, ever get cone head in Vegas. As proven above, you'll loose your fuckin mind if you do.
Try this clip, you fuckin retard, where Kevin Hobbs states that it was Peter Klamka who brought the concept to him -> https://youtu.be/R1-TRvigCjo?t=410
Here's yet another clip where Nick is referencing Peter Klamka -> https://www.youtube.com/watch?v=R1-TRvigCjo&feature=youtu.be&t=287
That's three of my for-real clips to your one enjoy-this-movie-scene clip. You're not very good at this game, are you, Guysucker?
No one left. Just another day closer to the opening of the Legends Room. Long and strong with VIP. No way the team pays one bit of attention to nonmembers on a fucking forum that no one but the incestuous crypto fags read. That's the beauty of a membership club...it keeps out the undesirables and keeps in Kat Dior!
And now where is Peter Klamka on any documents related to the Legends Room besides the above mentioned ATM agreement? On the incorporation papers? NO. On the website? NO. In your fantasyland of delusion? YES.
Why don't you ask Nick or Stephan since they're the ones who said that Peter is their business partner here -> https://www.youtube.com/watch?v=R1-TRvigCjo&feature=youtu.be&t=203
Surely, you've see the video, for you've cited its contents at least once.
Dude, you're totally a lost cause if you adamantly believe that Peter Klamka IS NOT part of The Legends Room, for surely that's one fact that all here can agree on with now the exception of your retarded ass.
Further, here is Peter's brother, Richard Klamka, in his own words ...
http://www.klamkalaw.com/attorney-profile
Quote
For the past 20 years, I've been fan of the Ultimate Fighting Championship and I've trained at the world famous Gracie Jiu Jitsu Academy in Torrance, California. Currently, I assist former bodyguard to Michael Jackson, Tiger Woods, and Mike Tyson, black belt, trainer to numerous mixed martial arts titleholders, and eternal Las Vegas legend -- Master "One Kick" Nick Blomgren -- in helping mixed martial arts fighters reach their goals of becoming world champions.
If you want further proof, then look no further than the description below the YouTube video:
https://www.youtube.com/watch?v=R1-TRvigCjo
Quote
Streamed live on Feb 23, 2017
Tokenized membership to a premier club in the las Vegas strip, Legends Room takes a futuristic approach to access. To learn more we talk with Nick Blomgren,, Stephan Bonnar, Peter Klamka and Kevin Hobbs the CEO of Vanbex
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Tokenized membership to a premier club in the las Vegas strip, Legends Room takes a futuristic approach to access. To learn more we talk with Nick Blomgren,, Stephan Bonnar, Peter Klamka and Kevin Hobbs the CEO of Vanbex
• Twitter : https://twitter.com/block_talk
• Facebook : https://www.facebook.com/block.talk1/
• Steemit :https://steemit.com/@blocktalk
• Slack Channel : http://slack.ubiqsmart.com/
• Email : [email protected]
• Youtube : https://www.youtube.com/c/blocktalk
• Website : http://blocktalk.info/
• BTC : 1BBbZ6KBEnj6i1beASHm8r4Stpd5V81Mbj
• ETH : 0xf361dd41a66e62b52c36f847bede1cb11afa36ad
Our Sponsors
• Bittrex - https://bittrex.com/
The most secure altcoin exchange to date and the first registered crypto exchange to operate in the USA! Bitcoin, Ethereum, and USDT pairings
Our Sponsors
• GPU Source - http://gpusource.com/
Soon to be releasing their server rack compatible miner, GPU source will be the premier source for mining equipment purchasing, hosting, and upgrading.
PS: All because I'm a fagot and suck a many dicks, doesn't give you the right to proclaim such via calling me names. Are you jealous because you're not a bona fide cocksucker?
PPS: Only a retard would spend $2.73 online to find what's available for free on the Internet.
You aren't well versed in the law. Peter Klamka's corporation supplies bitcoin atms to various locations including Centerfolds. No one has ever denied or disputed that on this forum. What is unproven is your allegation that Peter Klamka CONTROLS the Legends Room. To prove that, you need evidence. You supply a video with a five second clip about their partner. Maybe their ATM partner? Big leap from supplying the bitcoin atm to controlling the entire operation. As my old law professor would say fuck off with your lies until you can prove it.
Note to self: Never, ever get cone head in Vegas. As proven above, you'll loose your fuckin mind if you do.
Try this clip, you fuckin retard, where Kevin Hobbs states that it was Peter Klamka who brought the concept to him -> https://youtu.be/R1-TRvigCjo?t=410
Found the video about Peter Klamka and his direct tie to the Legends Room. Please watch. https://youtu.be/KnGo6Qm0Wt8
Here's yet another clip where Nick is referencing Peter Klamka -> https://www.youtube.com/watch?v=R1-TRvigCjo&feature=youtu.be&t=287
That's three of my for-real clips to your one enjoy-this-movie-scene clip. You're not very good at this game, are you, Guysucker?
No one left. Just another day closer to the opening of the Legends Room. Long and strong with VIP. No way the team pays one bit of attention to nonmembers on a fucking forum that no one but the incestuous crypto fags read. That's the beauty of a membership club...it keeps out the undesirables and keeps in Kat Dior!
Damn this thread looks like a pile of shit too. Gleb wreaking havoc. lol
TLR wanted a legend to play with them on BCT.
They got it.
Again, I'm not paid by nobody to post, yet here's another asshole dissing me because ... wait for it ... The Legends Room pays them to post.
Little do these fuckers know that all I have to do is give them one negative trust thingy and their respective user names will no longer qualify them to earn in the future because their trust would all be red, again, on my posting alone.
Wanna play some more, assholes? I'm game. Let's play!
Little do these fuckers know that all I have to do is give them one negative trust thingy and their respective user names will no longer qualify them to earn in the future because their trust would all be red, again, on my posting alone.
Wanna play some more, assholes? I'm game. Let's play!
Weird. I was pondering this idea as well.
But I've been accused of being your alt as well.
Maybe... just maybe BCT is like psychically telling us to confront cryptocunts.
The Bitcoin Legends Room is proud to announce its new curator, Tutu "Multi-kick" Bruno. Your $5,000 membership allows you to listen to endless lies by Leroy Fodor and being served mass quantities of adult liquids by none other than Stinky Marshall Long. Our legal team is led by Guy BuckTard.
The Bitcoin Legends Room will be packed when Bitcoin conferences come to Las Vegas, where Bitcoiners can meat-up with Tutu "Multi-kick" Bruno in person. We just signed a special appearance of Brad "Dominatrix" Burns where he'll not only lap dance for you, but will dominate your face. Here's Brad's video -> https://www.youtube.com/watch?v=hQnmOFo-iGg. Our 24/7 seafood buffet will be stocked with organic fishes from Chantha Owen Lueung's solar-powered duckweed pond located behind his duplex in Yonkers, NY.
Every Tuesday, card-holding members will be able to lick the infamous Bitcoin tattoo shown above.
As you can clearly see, we have our license and are in the process of remodeling the huge room.
And yes, we'll have Legends dancers 24/7 like Miss Goatse below:
Damn this thread looks like a pile of shit too. Gleb wreaking havoc. lol
TLR wanted a legend to play with them on BCT.
They got it.
Again, I'm not paid by nobody to post, yet here's another asshole dissing me because ... wait for it ... The Legends Room pays them to post.
Little do these fuckers know that all I have to do is give them one negative trust thingy and their respective user names will no longer qualify them to earn in the future because their trust would all be red, again, on my posting alone.
Wanna play some more, assholes? I'm game. Let's play!
Little do these fuckers know that all I have to do is give them one negative trust thingy and their respective user names will no longer qualify them to earn in the future because their trust would all be red, again, on my posting alone.
Wanna play some more, assholes? I'm game. Let's play!
Weird. I was pondering this idea as well.
But I've been accused of being your alt as well.
Maybe... just maybe BCT is like psychically telling us to confront cryptocunts.
We have a venue, pics and address are on the website.
We also have licences, more about this next week.
You guys have made assumptions trying to discredit the project but haven't succeeded, remember the community is the one to be convinced not yourselves.
The Legends Room is opening in April, and that's for sure.
We also have licences, more about this next week.
You guys have made assumptions trying to discredit the project but haven't succeeded, remember the community is the one to be convinced not yourselves.
The Legends Room is opening in April, and that's for sure.
I'm still supporting this project,have been in a similar situation on Bitconnectcoin where fudster and spammers are roaming (Bitconnectcoin is now in the 32th spot way ahead of those stating 3 yo 4 years ago ,even connected me to a lot of accounts,Op has provided who are behind this and all the proofs so let's see what's going to happen..
I am also supporting this project. I think its because of jealousy or something like that, some people are determined to play with the reputation of the club. Who knows, anyone or any rival club pays these people to make such posts in this thread.
Hi,
I would like to participate in this signature campaign.
BitcoinTalk username: savioroshan
Forum rank: Full Member
Current post count: 313
Address: 172RW83NCQ6iESKm9NWdpA7mSpQah2F7C5
Please inform me if i am accepted
Thanks
I would like to participate in this signature campaign.
BitcoinTalk username: savioroshan
Forum rank: Full Member
Current post count: 313
Address: 172RW83NCQ6iESKm9NWdpA7mSpQah2F7C5
Please inform me if i am accepted
Thanks
Accepted! Welcome onboard. We should start on the 18th.
Again, I'm not paid by nobody to post, yet here's another asshole dissing me because ... wait for it ... The Legends Room pays them to post.
Little do these fuckers know that all I have to do is give them one negative trust thingy and their respective user names will no longer qualify them to earn in the future because their trust would all be red, again, on my posting alone.
Wanna play some more, assholes? I'm game. Let's play!
We have a venue, pics and address are on the website.
We also have licences, more about this next week.
You guys have made assumptions trying to discredit the project but haven't succeeded, remember the community is the one to be convinced not yourselves.
The Legends Room is opening in April, and that's for sure.
We also have licences, more about this next week.
You guys have made assumptions trying to discredit the project but haven't succeeded, remember the community is the one to be convinced not yourselves.
The Legends Room is opening in April, and that's for sure.
I'm still supporting this project,have been in a similar situation on Bitconnectcoin where fudster and spammers are roaming (Bitconnectcoin is now in the 32th spot way ahead of those stating 3 yo 4 years ago ,even connected me to a lot of accounts,Op has provided who are behind this and all the proofs so let's see what's going to happen..
I am also supporting this project. I think its because of jealousy or something like that, some people are determined to play with the reputation of the club. Who knows, anyone or any rival club pays these people to make such posts in this thread.
We have a venue, pics and address are on the website.
We also have licences, more about this next week.
You guys have made assumptions trying to discredit the project but haven't succeeded, remember the community is the one to be convinced not yourselves.
The Legends Room is opening in April, and that's for sure.
We also have licences, more about this next week.
You guys have made assumptions trying to discredit the project but haven't succeeded, remember the community is the one to be convinced not yourselves.
The Legends Room is opening in April, and that's for sure.
I'm still supporting this project,have been in a similar situation on Bitconnectcoin where fudster and spammers are roaming (Bitconnectcoin is now in the 32th spot way ahead of those stating 3 yo 4 years ago ,even connected me to a lot of accounts,Op has provided who are behind this and all the proofs so let's see what's going to happen..
Hello would like to take part
Bitcointalk Name: aioc
Rank: Senior Member
Current post count: 731
BTC Address: 3D34iAEeZejFyhTbeBFJzSTYmx9Vy2WsQ5
Bitcointalk Name: aioc
Rank: Senior Member
Current post count: 731
BTC Address: 3D34iAEeZejFyhTbeBFJzSTYmx9Vy2WsQ5
You are accepted, please wear Avatar + Signature, stick to the rules, especially on where to post.
FUDsters live only by shiting on every thread on this forum and seeding a lot of mistrust for their own interests. The only thing how can you escape them is to ignore all the FUD they're spreading accross the all threads.
Bitcointalk Name: Arvydas77
Rank: Sr. member
Current post count: 425
BTC Address: 1MDVdQPPE9xp7djzpUUyAUELuLQiekdNPc
Rank: Sr. member
Current post count: 425
BTC Address: 1MDVdQPPE9xp7djzpUUyAUELuLQiekdNPc
You are accepted, please wear Avatar + Signature, stick to the rules, especially on where to post.
Translated: My word isn't worth shit in spite of investigating the Legends clan, whereas aoci and Arvydas77's words are golden and spot-on because The Legends Room pays them to post just like Kevin Hobbs is paid to spread TLR's bullshit ... AND YES, IT'S ALL BULLSHIT!
It's no longer the weekend except maybe still in TLR's mind, so go ahead and call Amanda Early at Hard Rock Casino at 973-588-2000 and she'll tell you that they have ZERO connection with The Legends Room and are in the process of having their brand mentions removed. BTW, Amanda Early is not related to Handsome Early aka Patrick Dai of Qtum. Trust me on this one, for I vetted her too.
FUDsters live only by shiting on every thread on this forum and seeding a lot of mistrust for their own interests. The only thing how can you escape them is to ignore all the FUD they're spreading accross the all threads.
We have a venue, pics and address are on the website.
We also have licences, more about this next week.
You guys have made assumptions trying to discredit the project but haven't succeeded, remember the community is the one to be convinced not yourselves.
The Legends Room is opening in April, and that's for sure.
We also have licences, more about this next week.
You guys have made assumptions trying to discredit the project but haven't succeeded, remember the community is the one to be convinced not yourselves.
The Legends Room is opening in April, and that's for sure.
I'm still supporting this project,have been in a similar situation on Bitconnectcoin where fudster and spammers are roaming (Bitconnectcoin is now in the 32th spot way ahead of those stating 3 yo 4 years ago ,even connected me to a lot of accounts,Op has provided who are behind this and all the proofs so let's see what's going to happen..
https://legendsroomlv.com/membership/
http://www.birminghammail.co.uk/news/midlands-news/new-broad-street-lap-dance-6500669
Contestant: Crypto Scammers for $100, Alex.
"This practice is no longer practiced by astute scammers who are still practicing."
Contestant: What is copy & paste of copyright images using such as their own?
Alex: Correct.
Contestant: Cone Head and Tesla for $100, Alex.
Alex: The Daily Double! Question this correctly and win a $5K membership to The Legends Room in beautiful Las Vegas, the venue location to be determined in two weeks, but fully opened come April. Are you ready?
Contestant: Yes, Alex.
Alex: This clown loves Vegas strip clubs and ...
Contestant: Who is Guy "Mr. Brackets" Bucktard?
Alex: Correct. We would've even accepted Guy Bouchard.
http://www.birminghammail.co.uk/news/midlands-news/new-broad-street-lap-dance-6500669
Contestant: Crypto Scammers for $100, Alex.
"This practice is no longer practiced by astute scammers who are still practicing."
Contestant: What is copy & paste of copyright images using such as their own?
Alex: Correct.
Contestant: Cone Head and Tesla for $100, Alex.
Alex: The Daily Double! Question this correctly and win a $5K membership to The Legends Room in beautiful Las Vegas, the venue location to be determined in two weeks, but fully opened come April. Are you ready?
Contestant: Yes, Alex.
Alex: This clown loves Vegas strip clubs and ...
Contestant: Who is Guy "Mr. Brackets" Bucktard?
Alex: Correct. We would've even accepted Guy Bouchard.
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