This is making OBSI look legit.
As an owner of multiple of your securities, let me say that your attitude on this forum is doing no one any favors.
It's headaches all around, basically.
Topic: general - page 3. (Read 4311 times)
I might be dumb but what kind of idiot "insures" ponzi schemes ?
"We made good money"
What a fucking joke.
I would like to know who "we" is as it certainly wasnt the shareholders who lost 40%.
So, how much of CPA profits were embezzled because I sure dont see anything in the contract that says you could hold back any profits from shareholders. They own the company not you and it appears it was a massive slush fund all along.
If you didnt pay out all those profits to shareholders where are they ?
What a fucking joke.
I would like to know who "we" is as it certainly wasnt the shareholders who lost 40%.
So, how much of CPA profits were embezzled because I sure dont see anything in the contract that says you could hold back any profits from shareholders. They own the company not you and it appears it was a massive slush fund all along.
If you didnt pay out all those profits to shareholders where are they ?
Lol yeah fuck you too. We made money on premiums and we made money on YARR. I've explained about 20 fucking times how a $599 single which was worth 120 bitcoins spot-price 4 months ago is now worth 50 bitcoins. In short you're fucking dumb bro. Really fucking dumb. It's people like you that are the reason why I am probably going to close this down. Oh don't worry, people will be paid NAV price. Unless you are so fucking stupid as to think I am going to be able to sell singles for $1299 just to buy the bitcoins they were worth 4 months ago. You have terminal brain cancer. EVERYTHING lost money. Everything. Unfortunate for you. Let's see now, 0.1 * 5 / 12 = 0.04166. About the value of CPA today minus a bit which we lost from hashking, imsaguy, gamma and others losing 20% etc. I'd say we did pretty well. So yeah, what a fucking joke this community is that expects 2% interest per week and whines all day about legit companies being scams.
Don't worry, you will get your money. And when all is said and done, a big fuck you to everyone who said I was a scam.
You said in the OP "you made money".
If the shareholders didnt make a profit then why did you?
"We made good money"
What a fucking joke.
I would like to know who "we" is as it certainly wasnt the shareholders who lost 40%.
So, how much of CPA profits were embezzled because I sure dont see anything in the contract that says you could hold back any profits from shareholders. They own the company not you and it appears it was a massive slush fund all along.
If you didnt pay out all those profits to shareholders where are they ?
What a fucking joke.
I would like to know who "we" is as it certainly wasnt the shareholders who lost 40%.
So, how much of CPA profits were embezzled because I sure dont see anything in the contract that says you could hold back any profits from shareholders. They own the company not you and it appears it was a massive slush fund all along.
If you didnt pay out all those profits to shareholders where are they ?
So here we are. CPA is stable.
In what world?
CPA has lost about 40% of it's value. And when I say 40% I mean, at a minimum. There is another problem on the horizon which is extremely troubling.
CPA has, by definition, been very unstable.
Do you think an insurance company is needed in Bitcoin-land? We made good money while it lasted but I'm not really willing to keep doing this if no one appreciates what we are doing.
Insurance is going to be something people will always seek to protect themselves. But bitcoin securities have little transparency and accountability. Even a group of highly skilled individuals would have difficulty successfully modeling insurance contracts. Through your actions and your posts you have demonstrated you have a very poor understanding of business management and finance. How could someone with such limited knowledge think they could succeed in a deeply complex venture such as forming and insurance company in a wild West market? Foolish.
We paid over 1,000 bitcoins to one guy, 250 to another, we paid over 2,500 bitcoins to cover YARR, and so forth. We paid out significant sums on options contracts, on hardware and power outages to mining companies, and so on and so forth.
Paying out on contracts illustrates your honesty in regards to meeting those obligations. However, these massive losses also show that you are extremely talented at making CPA hemorrhage capital.
We made good money while it lasted but I'm not really willing to keep doing this if no one appreciates what we are doing.
current price CPA can be sold at = .038
Dividends paid since IPO = .00569688
IPO Price= .10
Return on Investment since IPO price = -5630312%.
When you say "We made good money" do you mean you? It surely wasn't your shareholders.
Should CPA close down operations and buy back shares / make a final dividend payment?
Yes. Liquidate and pay the proceeds to creditors and then shareholders before you destroy any more shareholder value.
For once stop blaming the community and take some personal responsibility. Don't blame other companies and individuals; blame yourself for investing in them and involving CPA with them.
I say close up shop, I cant get advertisers to payout that I post ads for with 10k views or more in a week. Its not surprising I guess that the only way to make money on bitcoins now is to generate your own. Too many people are ok with just closing up shop and screwing people invested in their services and walking away.
I suggest you incubate for a different time in BTC land. Maybe 2015.
general
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