Dear Josh
I’m sorry to hear that reply. It is the wrong reply.
Let me 1st answer your statements and then tell you where we’re heading from here.
1st, the fact you bought “some” XPY for a split second at $20 is not relevant. Your statement didn’t say you’ll buy “some” XPY for $20 or “part” XPY or for a “limited time” . See attached. It is as clear as the sun.
2nd a buyback of $20 valuation over 20-30 years ? is this a joke ? your statement says “THE SECOND” paybase opened not in installment over 20 years. Do you know the difference between FV & PV ?
3rd There is no uphill battle to show anything. Why would we sell XPY for ANY amount less than $20 when you promised it will be purchased at $20 when paybase opens ? don’t make any sense.
LET ME MAKE THIS SIMPLE AND CLEAR.
This is NOT a civil dispute between 2 companies, yours & mine. This was a CIMINAL act of FRAUD & GRAND THEFT.
This is NOT going to go down any road you know. We’re a USA federal government contractor serving the federal government for over 18 years. FBI & other federal agencies are our clients.
So let me tell you where the difference is from what you’ve experienced so far.
You can tell HT users, the media & others all kind of stories. You CAN’T tell the FBI.
When the FBI ask you to show where the $100 MILLION USD CAF funds are you cant tell them its “confidential” – they will confiscate all computers and documents and see there was no $100 million USD CAF.
Criminal Violation #1. fraud punishable by up to 20 years on Jail.
When the FBI ask you to show them that you spent the $100 MILLION upon opening of paybase to support the $20 and you will be able to show them only a measly 500k at best it will be
Criminal violation number 2. Fraud & Grand Theft. Punishable by up to 20 years in prison.
When the FBI interview each and every one of your employees, consultants & executives under oath for potential perjury how many of them will be willing to go to jail for you ?
Criminal Violation Number 3. Perjury. Punishable by up to 10 years in prison.
When the FBI ask you who were the “thousands” of merchants to accept XPY upon launch you won’t be able to tell them the same stories you tell on HT. hard facts you cant prove.
Criminal Violation number 4. Fraud. Punishable by up to 20 years in prison.
The FBI will ask you what happened to the HASHLETS that were purchased for over 100 million USD and were supposed to “never expire always profitable yours forever” that ceased to operate when BTC is still profitable.
Criminal Violation number 5. Fraud. Punishable by up to 20 years in prison.
As hashlets were NOT actual machines they are derivatives and therefore securities. HUGE SEC Violation.
Criminal Violation number 6. Securities fraud. Punishable by up to 25 years in prison.
There is NOTHING you can tell them to make them a believer. Only facts:
Show them $100 million USD CAF (we have all your statements to the media about it)
Show them how much money you put in to purchase XPY
Show them all your XPY wallets
Show them all your bank statements
Show them receipts for purchasing all the equipment you’ve claimed you operated
Josh. You have defrauded dozens of thousands of investors of dozens of millions of USD and managed to get away with it with all of them.
Except we’re not one of them. Our board included people up to the retired director of the CIA and many others from the federal government and military (retired)
This is where it all ends.
Everybody else is willing to accept your stories and you’re able to get away clean. If you don’t settle this it will all collapse.
WHY ?
If you don’t settle this bit Thursday 3/5/2015 midnight it will NOT only be us complaining to the FBI, DA, Police, SEC & the whole MEDIA. Its will be EVERYBODY that ever invested and got stung by you.
This WEB SITE will go live on Thursday midnight PST:
http://gawlawsuit.com/gaw.htmlwe will have EACH AND EVERY hurt party send the forms to the FBI
we will have EACH AND EVERY hurt party send the forms to the DA
we will have EACH AND EVERY hurt party send the forms to the Police
we will have EACH AND EVERY hurt party send the forms to the SEC
there will be hundreds if not thousands of claims filed with each of those law enforcement agencies.
And then there will be the class action lawsuit. Not for our 100k, but for the $100 million USD you stole from everybody.
So the choice is yours:
All we’re asking is for our money back. Dollar for dollar. Not a penny extra. We will release all claims and let you go on with your business. Completely confidential.
To be exact $98,720 USD
Other option will be you & many others in your company going to jail. And then your assets personal and corporate will be sold and we’ll get our money back either way.
This by NO MEAN is a threat or extortion or with any intent to coerce you to pay money we don’t deserve.
We were criminally defrauded. We want our money back.
And Mr. McLain is an amazing attorney but he’s a civil attorney. You need to hire a criminal attorney if you’re going donw this path, which will cost you much more than you’ve defrauded from us.
The choice is yours.
If you wish to settle this please reply to me. otherwise you DON’T need to.
On Thursday 3/5/2015 the deadline will expire and we will take the steps here without further warning.
Good day to you sir
Saul Backal
Chairman & CEO
Meganet Corporation.
From:
[email protected] [mailto:
[email protected]] On Behalf Of Josh Garza
Sent: Friday, February 27, 2015 7:24 PM
To: Saul Backal
Subject: Re: FW: tomorrow's deadline
Saul,
As disappointed as I am on the way you guys have chosen to approach this (two different attorneys have looked at your emails and were astounded in they way you guys handle things), I am still trying to act in good faith.
I want to let you know a few things before we head to far down this road. As we already have before.
We have documented evidence that we did buy Paycoins for the stated amount (some even more). Notice that the statement did not say we doing buy every one in existence. Just that we would buy them, and we did.
It's an uphill battle to both make the argument that you even lost to begin with, as our company will be able to show examples where you could have sold for far more than you paid.
In addition to the fact that we did exactly what we said we would ($20), and we can show that.
Finally, we have the honors program coming, which you have an opportunity to wait for.
I am not looking to argue with you, so if that's your intent, don't bother. I just want you to know that despite what the Internet says, we are well equipped to deal with defending this, and have been 100% successful.
Josh