Everybody,
Just to inform you about the practices of these 2 people: mikemikemike and Effect. We have been receiving messages from them with bribe suggestions and threads. This is something that cannot be tolerated. Here are some quotes from their PM’s:
From Effect
“I know mikemikemike in real life. Infact were in the same hotel as I speak. If you want him to stop and delete his posts just pay him off and you can continue running your sham.”
“I really would like to enjoy my holiday, so just speak to him. He's a very determined person, he won't let this go until he has a reason to let it go.”
“I'm just trying to give both of you a way out, it's the only thing I can think of. And it's not the first time he's been paid to keep quiet. He's a very smart guy, but money controls him.”
“But How ever much he says he's not pissed off, he is, you guys screwed him and other investors by upping the share price of CryptX while SCRYPT was just being born.”
From mikemikemike
“So apart from you guys screwing over most of your more serious investors by artificially bumping up the price to 0.095 while all we deviated our funds to Scrypt. I'm not saying this was intentional, but it did fuck us over. I'm saying you didn't think about us. Which is fair enough, this is business, and time is of the essence.”
“If you don't then I'm gonna go fully public with everything I know. It will be said in allllot more detail, spoken in allot better language, and I will give full projections that no offence, make yours look like child's work. I used to do it for a living. When this gets out, and your motives do to, your IPO will never sell, you guys won't make anywhere near as much money, and ill make sure it gets to every article site and forum on the web. I hire people to do that for me.”
“I know this has been a pretty blunt email but I hope you understand where I'm coming from. I've never been that straight edged myself but this is ridiculous.”
“I'm going to get to work on my own projections tonight if I don't hear from you and make them public”
The actual PM that was sent. I will speak to E f f e c T in the morning.
Look guys, I've decided to contact you directly to get this resolved. I've been your most vocal supporter, I've spent a large amount if my time defending you guys and this project throughout the forums, even when everything was going shit and we were late to deliver, why? Because I trusted you guys. I ignored all my personal feelings towards long term investing and finally settled down to a project. I even got a few of my friends to invest. Which might I say, they are still probably very happy, but they don't know any better.
So apart from you guys screwing over most of your more serious investors by artificially bumping up the price to 0.095 while all we deviated our funds to Scrypt. I'm not saying this was intentional, but it did fuck us over. I'm saying you didn't think about us. Which is fair enough, this is business, and time is of the essence.
Apart from that, here comes the serious problem, you've now changed PETA from partially beneficial to investors, to full out hit and run. You know as well as I do you've allocated the reinvestment percentage so high initially to have more machines, and to supply yourselves with more profit. You'll argue that this is to secure the long term future of the project but we both know that only benefits you and not investors, you could give investors a twice better ROI if you pumped out the dividends at 50/50 and the project died in six months instead of prolonging it for a year. By you don't want to do that. So what do you do? You post false projections again that are utterly misleading to garner interest for the IPO, because you know as well as I do once the IPO is over you guys are pretty much guaranteed a million dollar plus income over the next year, and that's if BTC stays the same, and we both know it won't.
Usually I'd be like whatever, but I've sat around and supported you guys for so long, that now you've fucked me over I'm pissed.
I know exactly what your doing, i spent a few years in industry analysing situations like this for a living and I'm pretty good at it.
Fix the projections, readjust the reinvestment percentage to something that is actually beneficial to your investors. You know as well as I do when the difficulty starts increasing people are going to realise there is no profit in this for them and the share price is going to crash through the floor. You guys will still make allot of money, but not at the cost of your investors.
If you don't then I'm gonna go fully public with everything I know. It will be said in allllot more detail, spoken in allot better language, and I will give full projections that no offence, make yours look like child's work. I used to do it for a living. When this gets out, and your motives do to, your IPO will never sell, you guys won't make anywhere near as much money, and ill make sure it gets to every article site and forum on the web. I hire people to do that for me.
This might sound threatening, but all I'm asking is for you to do the right thing, decrease your own profits, and give your investors something that will actually benefit them and not lose them serious amounts of money, and stop misleading them! Those projections need to be fixed, you know linear increases are never going to happen, frankly, I'm shocked about how bold you have been with your misinformation.
I know this has been a pretty blunt email but I hope you understand where I'm coming from. I've never been that straight edged myself but this is ridiculous.
I'm going to get to work on my own projections tonight if I don't hear from you and make them public
Anyways, I'm off to the beach. Ill have my phone on me to check messages.
Peaceeeeee
