Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 1536. (Read 3377956 times)

Gaw has already lost a huge percentage of their customers thanks to us.. I'm just waiting patiently for the whole thing to crumble.

Blame Homero. Look what he's done to this poor soul.

Credit where credit is due.

and, back to your regular wall-of-text quotes.

Coffee's  On

ERMEHGRD BIG GUBMINT!

That is likely just the attorney the US Patent and Trademark office utilized [at random from within their pool] to review the application and provide a go/no-go recommendation. It is our bureaucracy at its finest. The attorney may not even be doing their due diligence before signing off on things so they can bill a US Gov. agency $$$ for their time. The question now becomes who is policing these contracted attorneys?

In my opinion, ALL patent and trademark review should be done IN-HOUSE by the USPTO (like it use to be) and not subbed out.

Scott-

Weird. Because normal isn't working™.

What a complete farce.

wow  

Checking Homer's trade marks, he's got a new trade mark lawyer

Attorney of Record Anthony M. Keats who registered paybase for him on behalf of paycoin LLC

Anthony M. Keats works for http://stubbsalderton.com who's client is none other than.......

http://stubbsalderton.com/2014/08/congratulations-sam-client-beats-music-beats-electronics-sale-apple-inc/

who's logo Homero filched.

Come on!

https://www.youtube.com/watch?v=dVD_Sjk7OYY

Watch This Happen
https://www.youtube.com/watch?v=SK3CsRmXbu0

My user link still shows all my non deleted posts.

So from your pic it looks like it was an autoban? Perhaps for having too many posts deleted? Does that make it easier to get unbanned?
[/quote]

ikeboy/vObh0n]6W you are still just here just quoting walls of txt and derailing the thread ... please just stop.

in other news, apparently people still believe in the magical 20 dollar floor/ceiling/buyback thing.

1. Offer $20 Buy back program
3. Generate Hype
4. Generate Hype
5. Generate Hype
6. Generate Hype
7. 5 Days to go! HYPE!
8. 4 Days to go! HYPE HYPE!
9. 3 Days to go! HYPE
10. Just 2 Days to go! HYPE
11. ONE MORE DAY! HYPE HYPE HYPE
12. Hope people will buy lots of XPY, bumping up the price.
13. oops. didn't work. sorry.


Watch this happen.

How long is Josh going to be able to keep stalling this? He keeps finding new ways to delay ever since Vaultbreakers. It is almost amazing really.

That is interesting,there is definitely going to be some crafty number juggling; no way in hell is Homero simply going to give up 20 dollars to anyone ever. It will be so convoluted that 30 days to think about it might not even be enough for everyone.

This also sticks out, maybe it is tied in?


What else can that mean? It should be a given that is USD20 worth of bitcoin, but as you describe above is perhaps the "when" missing?

Also what stands out is

Signup and enroll

You signup for something, you enroll in something.


These are two different things.

+1

Agree...absolutely correct ...

Homero has no obligation(s) ...that is the "trick" ...

ZiG

I have no idea, but I would suggest you sort it out with the mods first before aggravating the situation by posting outside of Meta.

A "repurchase agreement" does not have a definite legal meaning in the U.S.  It could mean just about anything, will need to see what GAW's (Paybase??) lawyers put into the actual agreement that they offer on feb 1.

However, what remains troubling is the wording: ""whereby the Sellers agrees to sell Paycoin to Paybase".  That sounds like a unilateral OPTION contract where the "seller" (read: dupe, syn. idiot with a pen) gives to Paybase an OPTION (e.g., a call option) to repurchase the Paycoin at a strike price of $20.  So far, I have not seen anything that would suggest the opposite side of that OPTION; e.g., nothing saying that Paybase MUST repurchase each Paycoin at $20 per coin (e.g. a "put" option).  Without the "put" side of the contract, the whole thing is silly if not misleading.

Don't believe me?  Okay, here you go: enter into a contract with me.  I will offer as many "repurchase agreement" contracts for as many XPY as you want, that contractually obligate you, the Seller, to sell each Paycoin to me, the Buyer, at $20 per coin upon demand, excercisable in monthly installments of not less than $100,000.  The contracts will last for a minimum initial term of 5 years.  You will put your coins into escrow during that term with a third party escrow.  Have 16 million XPY?  Sure, I will take a contract for all 16 million XPY right now!!!

See the problem?  I can just hold these contracts forever, and if/when the price goes above $20 I will execute the buy (in small increments to avoid flooding the market when I resell for a profit).  If it doesn't rise, I never have to execute.  Its a guaranteed profit (or at worst, no loss) to me, and a guaranteed loss to the "Seller" (or at best nothing).

Now, maybe Josh's repurchase program will not be as it was described in the above referenced post, but I highly suspect that the words he chose were carefully chosen by his lawyers.

We will see.

I will take a wild guess and say that the payouts will be funded by dumping the endless supply of free XPY that GAW/Josh have. The $100k/month payments will continue as long as he can squeeze ~$125k+/month out of these fools.

"repurchase agreement" seems to be a real financial tool or instrument or transaction, whatever you want to call it. Not just smart wording on Homero's part. Someone in this field care to decipher it?

http://www.eagletraders.com/advice/securities/repurchase_agreements.php