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Topic: [Moderated] [ANN][URO] First Urea Commodity Token: 1 Uro = 1 Metric Tonne Urea - page 162. (Read 227157 times)

legendary
Activity: 2240
Merit: 1254
Thread-puller extraordinaire
I think the issue is what is in it for Rivaa to tell the world?

Nothing, but GES and The URO Foundation *need* URO to reach <>$300 value in order for the concept to work and they could do that by, not posting web 'news' announcements which are meaningless, but by posting copies of actual contractual evidence and the paperwork they would have to have for the shipment transit.

As I said, people who scoff at the idea of URO=1tonne of UREA, on the basis that they can't wrap their heads around commodities trading, are just ignorant about the components of how transactions would work for the businesses involved who are actually shipping physical goods and who would not at all be 'giving away' UREA at sub-market prices, as long as the coin value floor can rise to meet the required price.

That is why GES need to come up with the proof of their side of the deal actually having substance.

Their 'press' announcements given on the website and twitter are simply not acceptable proof for the market.
sr. member
Activity: 271
Merit: 254
Like it wasn't possible for 1 guy to buy all 29,000 silkroad btc?

Oh just wait.

The Indian government will be auctioning off 50,000 uro at some point because they re-wrote the law to seize it from some importer using it to get around the protection for domestic urea producers.

Someone is also doing their best to clear all the weak hands out of farming (and anything that supplies farming, like fertilizer) ... http://www.barchart.com/quotes/futures/ZCY00
full member
Activity: 133
Merit: 100
As I have pointed out before, evidence of crappy web histories is not evidence of scam.

But there is a lack of evidence of substance in terms of the GES>Rivaa deal other than Rivaa saying they would be doing a deal in URO with GES which, if I recall, was simply an email confirmation and one they'd be fools to turn down at the rate they could potentially be buying UREA for. You can't have a shipment of UREA paid for by URO without the usual B2B paper-trail of contracts and shipping manifests.

That is what is needed at this time, evidence of the GES>Rivaa side of the deal that supposedly is part of the Rivaa>IPL transaction.


It's pointless even asking questions.  Nobody cares it seems. It's all just a gamble to sell at a higher price than you bought. This is where the volume is. No other explanation necessary.

Is this not the same as any other altcoins out there including bitcoin?
legendary
Activity: 1246
Merit: 1000

For the holders of the 12500 wallets to realize profit won't they eventually need to sell those coins? At the $300 price we keep hearing about that equates to over 6000 btc everyone will have to buy per 12500 deal. Doesn't seem possible.

I don't see why not, at $300 USD, a 12,500 order would be roughly $3.75 million. It's no skin off the back for a big company to come in and buy up $3.75 million in URO to trade for Urea to realize $300k in savings from bank and remitance fees and also speed up transactions. The problem is we are so stuck in little alt world where a coin trading for a nickel seems like a big thing to not notice the bigger picture of how this can effect day-to-day commerce on the international stage.

Like it wasn't possible for 1 guy to buy all 29,000 silkroad btc?

+1

Only reason the Silk Coin auction was attractive to venture capitalists is just buying BTC through a buy order off bitfinex, bitstamp or wherever is someone pumping that much money into the market would possibly cause a bull run and they wanted in cheap.

Honestly URO will be great for Bitcoin because it can bring in new big money and industries that might otherwise not looked into crypto.
sr. member
Activity: 490
Merit: 250
Saved you from a scam? Send me some BTC!
Like it wasn't possible for 1 guy to buy all 29,000 silkroad btc?
sr. member
Activity: 308
Merit: 250
Super Smash Bros. Ultimate Available Now!
As I have pointed out before, evidence of crappy web histories is not evidence of scam.

But there is a lack of evidence of substance in terms of the GES>Rivaa deal other than Rivaa saying they would be doing a deal in URO with GES which, if I recall, was simply an email confirmation and one they'd be fools to turn down at the rate they could potentially be buying UREA for. You can't have a shipment of UREA paid for by URO without the usual B2B paper-trail of contracts and shipping manifests.

That is what is needed at this time, evidence of the GES>Rivaa side of the deal that supposedly is part of the Rivaa>IPL transaction.



I think the issue is what is in it for Rivaa to tell the world? If anything they'd probably want to be quietly accumulating as evidenced by the 4 big fat 12,500 wallets and a few 10k wallets below that. Also you can't "make" a company give you documentation even if they are your partner. I remember some execs in my company was very resistant to one of our partners asking to see some of our finance books and we told them we don't give that out to just anyone as we are a private company.

Anyway believe me I'd like to see it too, but I think we might be waiting for something that may never come. At the end of the day you have to take some leap off the cliff not knowing what is at the bottom as it is with any risky business investment and I think over the coming days if we see the supply dwindling and the wallets growing bigger that is proof enough something is up.


For the holders of the 12500 wallets to realize profit won't they eventually need to sell those coins? At the $300 price we keep hearing about that equates to over 6000 btc everyone will have to buy per 12500 deal. Doesn't seem possible.
legendary
Activity: 1246
Merit: 1000
As I have pointed out before, evidence of crappy web histories is not evidence of scam.

But there is a lack of evidence of substance in terms of the GES>Rivaa deal other than Rivaa saying they would be doing a deal in URO with GES which, if I recall, was simply an email confirmation and one they'd be fools to turn down at the rate they could potentially be buying UREA for. You can't have a shipment of UREA paid for by URO without the usual B2B paper-trail of contracts and shipping manifests.

That is what is needed at this time, evidence of the GES>Rivaa side of the deal that supposedly is part of the Rivaa>IPL transaction.



I think the issue is what is in it for Rivaa to tell the world? If anything they'd probably want to be quietly accumulating as evidenced by the 4 big fat 12,500 wallets and a few 10k wallets below that. Also you can't "make" a company give you documentation even if they are your partner. I remember some execs in my company was very resistant to one of our partners asking to see some of our finance books and we told them we don't give that out to just anyone as we are a private company.

Anyway believe me I'd like to see it too, but I think we might be waiting for something that may never come. At the end of the day you have to take some leap off the cliff not knowing what is at the bottom as it is with any risky business investment and I think over the coming days if we see the supply dwindling and the wallets growing bigger that is proof enough something is up.

member
Activity: 89
Merit: 10
You want to check the trustworthiness of a website?

You might try this and compare the two websites:

gescommodity.com

greenearthsystems.com.au

http://www.scamaudit.com/domain/greenearthsystems.com.au?search-bar=true

And this greenearthsystems.com.au does not look good at all.



This is already proven to be failed fud attempt. greenearthsystems.com.au/ is the real website. It shows up consistently on google as the top search result not buried somewhere on page 3 with the rest of the fud bullshit.

I have never bought any URO but cmon you guys have all been warned so many times about this coin. unbelievable.
 Its no wonder its so easy to rip people off with coins. I'm really sorry that all you bagholders are emotionally attached to this coin for some reason. Take off the blinders you guys and see whats happening. Sell your URO and get out. no I am not saying this for "cheap" uro coins. Its funnny to think i'd buy uro. This thread is entertaining though to listen to you guys. haha. not trying to be mean guys but iif you havent seen the warning signs by now you all deserve this coins inevitable fall.
sorry to piss you guys off but...lol come on
I wish all of you only the best luck.
sr. member
Activity: 420
Merit: 250
As I have pointed out before, evidence of crappy web histories is not evidence of scam.

But there is a lack of evidence of substance in terms of the GES>Rivaa deal other than Rivaa saying they would be doing a deal in URO with GES which, if I recall, was simply an email confirmation and one they'd be fools to turn down at the rate they could potentially be buying UREA for. You can't have a shipment of UREA paid for by URO without the usual B2B paper-trail of contracts and shipping manifests.

That is what is needed at this time, evidence of the GES>Rivaa side of the deal that supposedly is part of the Rivaa>IPL transaction.



Perhaps you could post the same thing again.  It might help.

sr. member
Activity: 308
Merit: 250
Super Smash Bros. Ultimate Available Now!
As I have pointed out before, evidence of crappy web histories is not evidence of scam.

But there is a lack of evidence of substance in terms of the GES>Rivaa deal other than Rivaa saying they would be doing a deal in URO with GES which, if I recall, was simply an email confirmation and one they'd be fools to turn down at the rate they could potentially be buying UREA for. You can't have a shipment of UREA paid for by URO without the usual B2B paper-trail of contracts and shipping manifests.

That is what is needed at this time, evidence of the GES>Rivaa side of the deal that supposedly is part of the Rivaa>IPL transaction.


It's pointless even asking questions.  Nobody cares it seems. It's all just a gamble to sell at a higher price than you bought. This is where the volume is. No other explanation necessary.
legendary
Activity: 2240
Merit: 1254
Thread-puller extraordinaire
As I have pointed out before, evidence of crappy web histories is not evidence of scam.

But there is a lack of evidence of substance in terms of the GES>Rivaa deal other than Rivaa saying they would be doing a deal in URO with GES which, if I recall, was simply an email confirmation and one they'd be fools to turn down at the rate they could potentially be buying UREA for. You can't have a shipment of UREA paid for by URO without the usual B2B paper-trail of contracts and shipping manifests.

That is what is needed at this time, evidence of the GES>Rivaa side of the deal that supposedly is part of the Rivaa>IPL transaction.

legendary
Activity: 1708
Merit: 1000
Solarcoin.org
You want to check the trustworthiness of a website?

You might try this and compare the two websites:

gescommodity.com

greenearthsystems.com.au

http://www.scamaudit.com/domain/greenearthsystems.com.au?search-bar=true

And this greenearthsystems.com.au does not look good at all.



This is already proven to be failed fud attempt. greenearthsystems.com.au/ is the real website. It shows up consistently on google as the top search result not buried somewhere on page 3 with the rest of the fud bullshit.
legendary
Activity: 2240
Merit: 1254
Thread-puller extraordinaire
GES and the URO Foundation needs the confidence of the crypto community in order for this proposed project work, it's not unreasonable to ask them to furnish evidence of the GES>Rivaa trade having substance.

So far they've proffered up the Rivaa>IPL documentation, so Bohan should not object to requests for better proof of the one part of their claimed deal that is the part that counts.

legendary
Activity: 1246
Merit: 1000
Courteousy of Cuttlefish on twitter

http://www.tradesparq.com/Customs/583589/Customs-Data-Green-Earth-Systems-Ltd

48 trades have been done with GES by that Los Angeles company

Teneria El Progreso, S.A.   Freight Collect Clothing Big Girl Cherokee 100- Cotton Ss Ultimate Tee Target.Com Po No-5997251 Amc No- 01386243 Qtys- 534 Pcs    BOL: APLU902117433
Quantity: 89 (pieces)   2013-08-31
Teneria El Progreso, S.A.   Freight Collect Clothing Big Girl Cherokee 100- Cotton Ls Ultimate Tee. Target.Com Po No-5997281 Amc No- 01386255 Qtys- 864 Pcs    BOL: APLU902117434
Quantity: 144 (pieces)   20

child clothers? wtf?

I'm not a shipping expert but it might just be a courteousy and extra revenue opportunity to maximize space in some containers with some other products GES is usually not involved in. I don't know maybe someone can shed some light on this.
hero member
Activity: 826
Merit: 501
in defi we trust
Courteousy of Cuttlefish on twitter

http://www.tradesparq.com/Customs/583589/Customs-Data-Green-Earth-Systems-Ltd

48 trades have been done with GES by that Los Angeles company

Teneria El Progreso, S.A.   Freight Collect Clothing Big Girl Cherokee 100- Cotton Ss Ultimate Tee Target.Com Po No-5997251 Amc No- 01386243 Qtys- 534 Pcs    BOL: APLU902117433
Quantity: 89 (pieces)   2013-08-31
Teneria El Progreso, S.A.   Freight Collect Clothing Big Girl Cherokee 100- Cotton Ls Ultimate Tee. Target.Com Po No-5997281 Amc No- 01386255 Qtys- 864 Pcs    BOL: APLU902117434
Quantity: 144 (pieces)   20

child clothers? wtf?
legendary
Activity: 1246
Merit: 1000
Courteousy of Cuttlefish on twitter

http://www.tradesparq.com/Customs/583589/Customs-Data-Green-Earth-Systems-Ltd

48 trades have been done with GES by that Los Angeles company
hero member
Activity: 835
Merit: 1000
There is NO Freedom without Privacy
So true-asset earned enough fuck you money off Uro scam  to retire congrats  Tongue
sr. member
Activity: 379
Merit: 250
Ok, now that's looking a little more substantial.

How about something related to the shipment they say they are doing for Rivaa? Even a manifest would do.

I'd be curious to see what the 6 other entries in the report are, personally I though I have to say i've done so much research and stayed up so many late nights that so many people haven't wanted to do themselves for the last weeks, I'd prefer if some skeptics or other people committed to the project be willing to pay the 99 dollars to look at every shipping record on that site if they like. I think i've done more than enough (and will continue to do so but need some help here)

http://www.importgenius.com/colombia/buyers/green-earth-system

But this report is quite weird...
No data besides companies name.


edit , seems to be another green earth company Smiley

The address is the same as with the other entry on importgenius, so should be the same company, maybe misspelled?
legendary
Activity: 2240
Merit: 1254
Thread-puller extraordinaire
Great, so there's reason to believe that there is substance. Now, how about the specific deal involving GES and Rivaa? Surely there would be paperwork of some kind related to X amount being sold to Rivaa that was being supplied on X date?

Bohan should be able to directly ask for GES to supply the paperwork if they're so willing and able to post picture of the Rivaa-IPL side of the arrangement.

legendary
Activity: 1246
Merit: 1000
Even more stuff,

http://andhrabank.in/UserFiles/File/vig_dec10%20to%20Feb.pdf



Document concerning bidding for a contract and a Sewage Treatment Plant and a major Indian bank (too lazy to decipher it just trying to find proof of existence)
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