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Topic: CrazyRabbi is a Mongoloid scammer. (new thread soon) - page 4. (Read 8375 times)

legendary
Activity: 1036
Merit: 1000
Its called escrow.
If user is sketchy or not, it doesn't matter if you use a trusted escrow agent. This business needs revenue, and soon.

How do you escrow an IPO? Some trusted nigga holds the funds and then the company only has to collude with him? Maybe they just make up some fake expenses and off they go?

He was talking about escrowing the sale of the Romanian cam site

+1

@rethink-your-strategy
This IPO has been sold out for a week regardless
legendary
Activity: 1386
Merit: 1000
Its called escrow.
If user is sketchy or not, it doesn't matter if you use a trusted escrow agent. This business needs revenue, and soon.

How do you escrow an IPO? Some trusted nigga holds the funds and then the company only has to collude with him? Maybe they just make up some fake expenses and off they go?

He was talking about escrowing the sale of the Romanian cam site
full member
Activity: 173
Merit: 182
Its called escrow.
If user is sketchy or not, it doesn't matter if you use a trusted escrow agent. This business needs revenue, and soon.

How do you escrow an IPO? Some trusted nigga holds the funds and then the company only has to collude with him? Maybe they just make up some fake expenses and off they go?
legendary
Activity: 1036
Merit: 1000
Its called escrow.
If user is sketchy or not, it doesn't matter if you use a trusted escrow agent. This business needs revenue, and soon.
sr. member
Activity: 378
Merit: 254
...
While I understand that the ROI seems alright.. The user seemed a bit "sketchy" so to speak.
...

When MRKLYE calls you "a bit sketchy," time to pack it in Cheesy
legendary
Activity: 1358
Merit: 1003
Designer - Developer
4 months to break even is exceptionally good on an investment. If you believe your going to be making 1000% profits your nuts. Steady income would be a solid base for dividends + allows for growth.

While I understand that the ROI seems alright.. The user seemed a bit "sketchy" so to speak.
Not sure if it was a language barrier or what but he didn't exactly prove to me he was the owner..
Nor does the studio want to expose itself to the risk of being scammed or having their providing site cause issues.

Cheers,

Kyle.T
legendary
Activity: 1036
Merit: 1000
4 months to break even is exceptionally good on an investment. If you believe your going to be making 1000% profits your nuts. Steady income would be a solid base for dividends + allows for growth.
legendary
Activity: 1358
Merit: 1003
Designer - Developer
How are you paying for bandwidth? It's going to cost you $250+ for a 3 hour show with 1k viewers. Is the russian cam site simply rebanding another cam provider?

It appears to be.. And that is why we are leaning towards not going after such takeover. That site would take at minimum 4 months just to pay for its initial purchase price (assuming BTC doesn't go to the moon again).
I don't think it's worth the risk to purchase the site but shareholders are open to their opinions.

Cheers,

Kyle.T
newbie
Activity: 37
Merit: 0
How are you paying for bandwidth? It's going to cost you $250+ for a 3 hour show with 1k viewers. Is the russian cam site simply rebanding another cam provider?
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
I'd say buy the site, the sooner we have something to work with the sooner we can focus on getting some shows going.
legendary
Activity: 1036
Merit: 1000
He could always have a vote on it. The acquisition looks good financially to me, but its up to the shareholders + kyle.

GL
legendary
Activity: 1611
Merit: 1001
legendary
Activity: 1386
Merit: 1000
Howdy all.

No Dividend to May 10th. Sorry about that.

We are thinking about purchasing an already running cam site to accelerate the studios finances.
I am going to make an offer on the site today and assuming it all pans out we should be pulling in a monthly revenue of $500 from that site alone. Plan is to modify the site and take it over and implement the cryptocurrency aspect of it. We will let you know what is going on. Shareholders please get ahold of me if you have any questions or would like to see what site the take-over is planned on.

Cheers,

Kyle.T

I hate to be the antagonist here, but this clearly shows how little thought that you've put into your business plan.

Now, instead of doing your whole own operation, you're simply going to buy a Russian Cam-site for 4-8 BTC? One that does not generate its own content, but just white-labels for a large cam site?

The topic is here: https://bitcointalksearch.org/topic/wts-cam-site-with-around-500month-revenue-596595

I am on the fence here..

Do I buy out a romanian site and use it to start developing off of.. Or do I just fire up the development team and go from scratch?
Which of these methods are going to be cost effective? Further researching is needed on all angles before we make a large move.
Hosting and bandwidth providers as well as a good HTML5/mySQL/BitcoinD developer is still required if we choose to develop our own.
I appreciate your antagonism. I need to talk with majority shareholders before we push on in any one particular direction.

Cheers,

Kyle.T

Who is your target market? I think that's the most important question here with regards to this possible acquisition.

Second would be tied between 'Is this what my shareholders signed up for?' and 'Is this a worthwhile pivot to make for the company?'.
legendary
Activity: 1568
Merit: 1001
Tech stuff really isn't my bag so perhaps those that are into all that can chime in on the developmental side of things. However, it would seem like a good idea to get the talent on some sort of schedule and start showcasing them on this chaturbate thing to get a weekly feel for revenue to make you comfortable in determining the other steps to take for proceeding forward in focus and development. Then, those that bring in more money can be given more camera time and those that aren't can be coached more properly on technique. Then once enough cams are in and ample room for multiple shows can happen, just build the schedule up to 1-2-3 or however many shows a day/week to have a live and semi-profitable product that can be tweeked going forward.
legendary
Activity: 1358
Merit: 1003
Designer - Developer
Howdy all.

No Dividend to May 10th. Sorry about that.

We are thinking about purchasing an already running cam site to accelerate the studios finances.
I am going to make an offer on the site today and assuming it all pans out we should be pulling in a monthly revenue of $500 from that site alone. Plan is to modify the site and take it over and implement the cryptocurrency aspect of it. We will let you know what is going on. Shareholders please get ahold of me if you have any questions or would like to see what site the take-over is planned on.

Cheers,

Kyle.T

I hate to be the antagonist here, but this clearly shows how little thought that you've put into your business plan.

Now, instead of doing your whole own operation, you're simply going to buy a Russian Cam-site for 4-8 BTC? One that does not generate its own content, but just white-labels for a large cam site?

The topic is here: https://bitcointalksearch.org/topic/wts-cam-site-with-around-500month-revenue-596595

I am on the fence here..

Do I buy out a romanian site and use it to start developing off of.. Or do I just fire up the development team and go from scratch?
Which of these methods are going to be cost effective? Further researching is needed on all angles before we make a large move.
Hosting and bandwidth providers as well as a good HTML5/mySQL/BitcoinD developer is still required if we choose to develop our own.
I appreciate your antagonism. I need to talk with majority shareholders before we push on in any one particular direction.

Cheers,

Kyle.T
legendary
Activity: 1386
Merit: 1000
Howdy all.

No Dividend to May 10th. Sorry about that.

We are thinking about purchasing an already running cam site to accelerate the studios finances.
I am going to make an offer on the site today and assuming it all pans out we should be pulling in a monthly revenue of $500 from that site alone. Plan is to modify the site and take it over and implement the cryptocurrency aspect of it. We will let you know what is going on. Shareholders please get ahold of me if you have any questions or would like to see what site the take-over is planned on.

Cheers,

Kyle.T

I hate to be the antagonist here, but this clearly shows how little thought that you've put into your business plan.

Now, instead of doing your whole own operation, you're simply going to buy a Russian Cam-site for 4-8 BTC? One that does not generate its own content, but just white-labels for a large cam site?

The topic is here: https://bitcointalksearch.org/topic/wts-cam-site-with-around-500month-revenue-596595
legendary
Activity: 1358
Merit: 1003
Designer - Developer
Howdy all.

No Dividend to May 10th. Sorry about that.

We are thinking about purchasing an already running cam site to accelerate the studios finances.
I am going to make an offer on the site today and assuming it all pans out we should be pulling in a monthly revenue of $500 from that site alone. Plan is to modify the site and take it over and implement the cryptocurrency aspect of it. We will let you know what is going on. Shareholders please get ahold of me if you have any questions or would like to see what site the take-over is planned on.

Cheers,

Kyle.T
legendary
Activity: 1358
Merit: 1003
Designer - Developer
Hail.

I have taken some BTC out of the IPO address to print out business cards (to hand out to potential new talents) as well as run an advertisement in the local paper calling out for new talent. Although we already have some talent on board I would like to beef up our rosters so we can provide cams rolling without stops. My goal is to have at the very least 1 Klyemax model on cam making revenue for both the investors and the studio 24 hours a day. We believe running ads locally may help our chances of achieving this goal.

Cheers,

Kyle.T
legendary
Activity: 1358
Merit: 1003
Designer - Developer
Hello all.

We have no dividends for Sunday May 4th, 2014.
Busy working on IPO write up and answering investors questions / troll slaying.
I imagine we should be throwing some shows this week and get some dividends paid for next sunday!

Also I have used a small amount of BTC to register the future website Klyemax.com as well as prepare for hosting costs.
I have used the provider Namecheap.com to acquire the TLD and chose them because they allow payments directly in BTC.

Cheers,

Kyle.T
legendary
Activity: 1358
Merit: 1003
Designer - Developer
I am going to be working on clearing up the IPO business plan. No changes will be made to the IPO /share numbers or plan But I have been spending half my days repeating myself via PM and it's obvious to me I need to take another whack at trying to convey what the plans are to get Klyemax Studio off the ground and created respectable amounts of revenue for the talents, the shareholders and the studio itself.


Cheers!

Kyle.T
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