Bitcoin Forum

I have posted the thread for MainstreetLP, I was asked for a favour as they don’t have enough activity yet to show pictures properly. I'm not that active on here anymore either.
Good luck guys!  ;)

PLEASE MESSAGE USER MainstreetLP (https://bitcointalk.org/index.php?action=profile;u=923376) WITH ANY QUERIES, I'M NOT INVOLVED WITH THE PROJECT AND WON'T BE REPLYING TO DIRECT MESSAGES.

Thank you so much for the help and best wishes, very much appreciated!!! 

PLEASE MESSAGE US INSTEAD FOR ANY QUERIES

Fancy ANN

Do you have any escrow?

Hey there! Thanks for the question, can you elaborate?

Interesting, will be doing some calculation.

Do you have bounty program?

sounds interesting coin!

investment fund is popular idea , like it .

Cayman islands

Cant invest here!

PASS!

They don't want YOUR DIRTY SEXY MONEY

THE INTERESTS DESCRIBED HEREIN ARE NOT BEING OFFERED TO RESIDENTS OF THE EUROPEAN UNION OR THE UNITED STATES, AND HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY EUROPEAN UNION OR UNITED STATES STATE SECURITIES LAWS OR THE LAWS OF ANY OTHER JURISDICTION.

BITCH....

You're better off INVESTING in ONECOIN.

 :-*

 ;D

Or investing in declouds. :D

Indonesian translate reserved

Thanks

He asking about the escrow, do you use escrow for the ITO? because escrow is important
Do you offering bounty for this project?

$23 million + ETH...


This will end well.

Not in a million years buddyboy.
 :D

Nope!

if ico selling you must use reputable escrow
high transaction, high rank member, and high green trust
you can choice reputable escrow in theread https://bitcointalk.org/index.php?topic=855778.0

https://i.imgflip.com/1g4wmd.jpg (https://imgflip.com/i/1g4wmd)via Imgflip Meme Generator (https://imgflip.com/memegenerator)

https://i.imgflip.com/1g4wmu.jpg (https://imgflip.com/i/1g4wmu)via Imgflip Meme Generator (https://imgflip.com/memegenerator)

LOOOOL. And how will you update the OP? Also are you so newbie in this community and asking for ICO? No thanks.

You don't have the time to grow your reputation here but you pretend money for free? LOOOOOOL

PLEASE GTFO.  >:(

Sounds pretty interesting! So if I get it right.Investors will pay in bitcoin to buy tokens which in turn will be invested in various real business entities.right?
Are they registered with any stock exchange for trading in shares?
Btw you wearing their Signature, is their campaign running?

mmmmmmmmmmm

https://media.giphy.com/media/3orifgWhdXBOUPOGnC/giphy.gif

https://i.imgflip.com/1g4xa6.jpg (https://imgflip.com/i/1g4xa6)via Imgflip Meme Generator (https://imgflip.com/memegenerator)

LOL...anyway this smells like a proper SCAM to me made moreover from noobs...

Good one. Do you have a link to a site where I can find some similar ones?

here http://giphy.com/  :D

Thanks man.

This thread is pure laughs!
Thanks for the good time gents.

Thanks, as discussed above and in our ITOM, we're not using a 3rd-party Escrow service. Currently we do have a bounty program for  the translation of this thread to specific languages. PM for details.

BTC will exchanged for MIT tokens. BTC raised will be converted to FIAT to acquire private businesses in our pipeline. MIT holders are owners and will receive available distributions from these companies.

We are currently running a signature campaign. 

Thanks for your interest. After you review the ITOM document we released yesterday we can answer any questions you have.

We will also be releasing a prospectus on our first company acquisition in the next couple weeks. It will have more detailed financials for you to work with.

We believe this is a very unique approach to an investment fund. Among other things, the MIT token provides a liquid method to enter the US middle market, something not currently available for the majority of investors.

No matter how good,lucrative and financially attractive your project is,you are hardly going to get any good amount of funds here without escrow.
I am not casting doubt on your integrity but unfortunately most projects who didn't use a proper escrow here turned out to be scammers.
I do not see any reason for not using a third party escrow

Charlie Shrem? Damn, everyone knows he is in life imprisonment and won't parole, you can't understand escrow? Damn pretty sure scam

This sounds too crippled before it starts... I don't see much of a future here with this coin. initial concept sounded interesting though, but too restricted to really go anywhere

Hey, Thanks for your interest. We agree there are restrictions, but it's the safest way to tread in this environment with what we're doing. Many projects aren't offering a security investment, more common is a token for access/input to a platform.

Additionally, we're offering liquidity for private equity and access to it for international customers, currently not available. We're trying to modernize traditional finance, in a way that balances new economy with old in order to have a successful project.

Again, we really appreciate your interest and invite you to follow the progress by reading the full details in the ITOM and look out for our first acquisition target's prospectus coming very soon.   

 Our ITOM (Initial Token Offering Memorandum) (https://issuu.com/vanbexgroup/docs/mainstreetinvestmentlp_itom-2?e=26945812/42029557)

Iconomi is a very cool project, but both projects have very difficult visions. Iconomi has a DAO platform model for anyone to be a fund manager, and by the looks of it wants to make it easier for investors from old economy buy crypto index funds and diversify portfolios of current crypto-investors amongst the many token and coins available to them.

Mainstreet Investment LP, through its token (MIT) and the management & investment expertise of Intellisys, aims to modernize traditional finance, create greater access to private equity in strong US companies, and provide stable returns for holders. Further, if you've read the ITOM you've seen our unique strategy of acquiring bitcoin and blockchain assets that can develop synergies with our portfolio of middle-market companies.

This can help legitimize bitcoin and blockchain technology for the old economy by solving real business problems. Of course, the secondary strategy is a little down the road, but falls under our vision of modernizing and creating greater access to finance.

the question is... why do you guys are asking funds here to invest in fiat companies instead of issuing this fund in a fiat index listed on some fiat exchange like wall street. I mean, as your website says you will only give 30% of your funds to invest in block chain and bitcoin companies.. only 30%!, so this is a Fiat fund yet collecting bitcoins

also it would be good that Charlie Shrem could come here and give us some words, many big names listed there but no one posting here

I hope Initial Token Offering Memorandum will be used escrow experienced

Me as well, he is in prison, and he should come here to confirm this, althoug there are some news news, it still not confirmed cuz news press is paid and can be faked

Hey thanks for the great question! If you understand a little bit about traditional finance, specifically private equity, its not possible for average investors to have access to it, FIAT or not. We're able to do this through a tokenized security. Private equity is typically only available to high net-worth individuals and is very illiquid (large capital locked up for 3-5 years+).

Additionally, private equity does not typically offer distributions (share of annual or quarterly profits) with investors. With a token like MIT, you have access to these companies, get preferred distributions (paid before management), and it will be much more liquid as we expect to be listed on multiple exchanges (we're in talks with a few at the moment - details will come soon).

The reason why the projected allocation of funds towards bitcoin and [Suspicious link removed]panies is more conservative is that otherwise it would be too high risk for investors. We want to provide better, more stable returns to the community than is currently available. With the potential synergies mentioned earlier, we hope to provide greater value for investors, the community, and the industry.

will reserve for indian translation (hindi)

Thanks, you have cleared alot this.

I am a newbie but one thing I clearly learn is if it's an ico there should be an escrow,to protect the investors and developers from scam accusations,I highly recommend the dev to get an scrow for his coin development.

Hey Guys,

Charlie Shrem here. Verification: https://twitter.com/CharlieShrem/status/811214192233553920

Any posts ending in "- Charlie Shrem" are my own.




We have not announced it yet, but an exchange will be handling our token offering. So escrow will be handled by the exchange.

Typically, ITO's just give an address and you send funds there. We are not doing it that way, we feel its safer and more secure to work with a exchange escrow.

I'm super excited about this project and can't wait for the token offering!

Keeping it simple, we are offering the World communities a vehicle to invest in stable, middle market, US companies. These are companies that have been around for 10-20 years and are cash flow positive. Token holders will own a % in this portfolio of companies.

-Charlie Shrem

this one could be a sleeper...

should pick up in buzz as we get closer to ITO

smart people behind this project

A convicted criminal asking for our money and trust. Excuse me while I go laugh my ass off. ;D ;D
Why should anyone trust you Charlie? You've proven you're willing to break the law and I dont know how you can sit here and ask us to invest in you.

Anyway, I cant justify it but Id like to hear your answer none the less.

What the Hell are You guys on about?
You don't know where i live or from.
I didn't invest in Onescam or Iconomi.

That man is more dangerous than mountaineering boots without climbing protection. I heard he will be released by 2025 and will be given a firearm upon resettlement.

I don't know what I just quoted. I'll need to spread my eyelashes out superwide before I can try to assess this bullshit dribble ^^ again. U withhold 10% interest from this maddening horseshit sale for what purpose? What portfolio are u referring to? Is it ur own portfolio? :P Did u write it while riding loud wild suzuki 170 mph on seaway trail and at the same time having diarrhea up ur pants.

Thank you.


In regards to escrow, many have said we should use a trusted member of this forum. We are doing one better.

Our ITO will be managed by a regulated exchange. They will be holding the funds in multi sig addresses. That same exchange will be listing the token. We will announce which exchange prior to the ITO.


Let me explain. Over the past year we have built a pipeline of profitable middle market USA companies ranging from 3-8m USD each. We are issuing shares in this portfolio of companies on the blockchain via a token. The token will represent shares in all these companies. We will also do on-chain distributions.

In regards to Bitcoin and crypto assets. That goes into my blockchain synergy plan. We intend to buy Bitcoin companies that can solve issues that our companies have and cut costs. For example, logistics, accounting, ect. This will create join ventures between tradition and Bitcoin companies.

-Charlie Shrem

reading this ann thread i dunno whether to laugh  ;D or cry  :'(

Its pretty standard when it comes to ITO's. Few points:

1- The 10% token hold back will be owned by the fund, including token holders, not just Intellisys. These funds are NOT to sell, pay salaries, ect. The 10% is when the price rises, we can sell and use for future company purchasing, which makes the value of the fund and token holders increase.

2- We are burning all unsold tokens using proof of burn. There is no major premine or anything like that. Whatever is not sold by end of ITO, is being burned.


Check back here in 6 months and I hope you are not crying by your missed investment.

Look at the people involved in this project and the work done here. We are issuing tokens that represent actual assets in the USA. We are not raising money to promise to build a new technology.



-Charlie Shrem

not all of us are here to make fiat, now if i was i'd just start my own crypto, throw up some buzz words and flashing graphics and have people give me fiat. so why the hell would i give you guys money to do that  ???

but looking at your group, i've seen that patterns been working for you guys in the past, so by all means  ;)

Were live now!

CoinFund Q&A: IntelliSys (Charlie Shrem & Jason Granger)

https://youtu.be/o0-LzrKfOKE via @YouTube

https://s24.postimg.org/fpyf64f4x/Screen_Shot_2016_12_21_at_9_33_00_PM.png (https://postimg.org/image/fpyf64f4x/)

What's the matter Charlie? How come you wont want to answer my question.

We are live now in a Confound Q&A! Come join and ask me live :)

https://hangouts.google.com/call/rvbguyh4kzf3pmuem2l6c6ukuee

Livestream: https://www.youtube.com/watch?v=o0-LzrKfOKE

https://s24.postimg.org/fpyf64f4x/Screen_Shot_2016_12_21_at_9_33_00_PM.png (https://postimg.org/image/fpyf64f4x/)

-Charlie Shrem

You know nothing, you don't even know the "charges" why he was put on Jail.

thanks for the answered questions and good Q/A Charlie!.

Great to see Shrem back at it, this time with a proper legal team I hope!
I'll be supporting and following this project

HELLO - AWESOME ITOM COIN!!

I WANT PROOF TECHNICAL WHITE PAPER, WHERE?! -- I REVIEW, USE MICRSOFOT SPELLCHECKER AND TRANSLATE INTO ENGLISH FOR BOUNTY, YES?  8) 8)

---

MORE IMPORTANT QUESTION:

- WHERE TWIT BOUNTY?
- WHERE FACEBOOK BOUNTY?
- WHERE INSTRAGRAMMER BOUNTY?
- WHERE LINKEDIN BOUNTY?
- WHERE GOOGLE+ BOUNTY?
- WHERE SLACK BOUNTY?
- WHERE REDDIT BOUNTY?
- WHERE SIGNATURE BOUNTY, I WANT COMBINE TWO, YOU DO YES?

<-- EXPERT CUT-PASTE GOODLE TRANSLATOR, FAR SUPERIOR TO ALL TRANSGATORS HERE. I CLAIM ALL ASIA LANGUAGE AND GREEK TRANSLATION, IF YOU ALRADY CLAIM, SEND ME YOU WORK, I GIVE YOU SOME %3 OF BOUNTY IF IS SUPER HI-FI QUALITY.

EXCITED TO BE PART OF ITOM COIN COMMUNITY!!!!!!!!  :o :o

Thank you!

Yes, we are not taking chances, which is why the fund is closed to personal US residents.

We are working with Marco Santori, of Cooley, LLP. One of the largest law firms in the world.

Appreciate your support

-Charlie Shrem

Now I'm confused. The OP read like the tokens were being issued for a new fund that would just start off with the money and then go and invest it. But this comment sounds like the tokens represent a share in the profits from an established fund. Which is it, and if its the latter then what is the current value of your portfolio?

Good question!

The first 3 companies we are purchasing have been negotiated, under purchase agreement, and bank loan approved. We will be releasing a prospectus of these companies before the token offering.

Take the first company, a sanitary waste business. This business did 30% bargains last year and they have been in business 23 years.

The price is roughly 5M USD for the company. 1M will come from the token sale, and 4m will come from Intellisys personal bank debt (Intellisys is responsible for this debt, NOT the token holders)

We anticipate being able to close this first deal during the token sale.

Assuming we raise the 25M we anticipate, the funds will be deployed within the 1st year.

New article today: https://www.cryptocoinsnews.com/charlie-shrems-private-equity-platform-to-hold-crowdsale-capped-at-25-million/

-Charlie Shrem

Looking forward for the start of this fund.

Shrem is out of jail, congrats, 1 year ago, I helped him translate something, good offer for me.

Thank you!

We released a new video:

https://vimeo.com/196756533

https://s24.postimg.org/oohvdjv4x/Screen_Shot_2016_12_23_at_10_08_26_AM.png (https://postimg.org/image/oohvdjv4x/)

prefer you would choose anyone from the The Big 3 ..or as you like

Our escrow will go through a exchange. The exchange will be handling escrow. It will be announced after New Years.

interesting coin you use escrow ?

Will you have a bounty campaign? Like signature campaign? We know you have more than 10k BTC, so if you offer some money to make, we will appreciate.  :D

you are truly foolish.. give me link to the real identities of "the big 3", regardless if this will be escrowed on a exchange or not, you prefer to trust million of dollars to anonymous escrows over this forum instead of confirmed identity Charlie Shrem and others..

Remember, reputation is meaningless on this forum when dealing with big amounts, as it cannot be sold if they scam.

This is exactly true.

We are raising a lot of money that represents ownership in real physical companies. We cannot use escrow by an anonymous person on the forum we don't know.

However, we do see the need for escrow, which is why our token will be run by an exchange.

-Charlie Shrem.

Yep, an exchange is the best desicion for this one.  :)

  So a US citizen living in the US can not Purchase this ICO??

from what i understand. Yes they dont want its safer that way cos of U.S law

any bounty for wearing a signature?

So, after the ICO is over, will us US citizens be able to purchase tokens from the initial investors or are we locked out forever?

I see their point.. They can't have someone middle man shares IRL from the forum.
It should be up to them to find someone

I saw many reputed members and even some staff members wearing your signatures but didn't find your signature thread anywhere.Is your signature campaign exclusive and available only for selected members or is it just me having trouble finding it?

We contacted specific members in advance about our signature campaign, currently its not open!

MERRY HOLIDAYS!!!!

HELLO ITOM COMMUNITY!

MUST ANSWER IMPORTANT QUESTION:

- WHERE TWIT BOUNTY?
- WHERE FACEBOOK BOUNTY?
- WHERE INSTRAGRAMMER BOUNTY?
- WHERE LINKEDIN BOUNTY?
- WHERE GOOGLE+ BOUNTY?
- WHERE SLACK BOUNTY?
- WHERE REDDIT BOUNTY?
- WHERE SIGNATURE BOUNTY, I WANT COMBINE TWO, YOU DO YES?

EXCITED TO BE PART OF ITOM COIN COMMUNITY!!!!!!!!

"important" questions lol

hi dev do you have translating bounties?

If yes consider Arabic translation booked .
Good luck 

Interesting question, if they can't join ico, so they can't buy coins after ico, it means this coin will not be listed in major exchanges, bittrex and poloniex. So it will be useless and limited without usa investors, biggest joke i have seen

I have issues with the exchange you guys are going to chose, is it not possible to have inside trading on this exchange, the Firstblood ICO ends in minute because it was alerge that the exchange used for the ICO bought out most of the tokens and started selling it hours later at twice the ICO price. How are you going to ensure transparency in your ICO?

It worth to invest some money in this project as dev team has already made its mark in previous project. I have started to raise some money to invest as there are still 20 days approximately to start the crowd sale. I will not miss this time, this opportunity is something really interesting.

Good question - this token will be listed by a major exchange, however that exchange will not allow US accounts to trade it.


Were not going to have the same issue. While it's true we have bulk discounts available, we are not going to presell a super large amount before. We want to leave enough for the market. At the same time, if we don't sell out, we will be burning everything by end of the token sale.


Awesome!

Fancy ANN. but I dont want to invest in other marketable securities... Only cryptos bro

Do we need to buy tokens from exchange to particpate in this ITO? will it not be available through your website?

Looking at the valuation of the MIT tokens and the cap of $27.5 million, the maximum tokens available for sell 50 million tokens.

I don't know when the ICO price was fixed but with the recent BTC rally there seems to be imbalance in the token valuation
from my calculation

1BTC = 900MIT this is the cheapest price one can get the tokens during the ICO

1MIT = 0.0011BTC

therefore: 50 million MIT = 55555BTC = $48.33 million @ 1BTC= $870

Since the fund is capped at $27.5 million, what will happened to the excess fund or not all the 50million tokens will be available for sale.

Correct me where I wrong

Morning, the tokens that are not sold will be burned using proof-of-burn.

So it is not compulsory to sell all the 50 million tokens allocated to the ICO.

 What is the minimum fund you guys are expecting to raise to call the incomingICO a success?

Good question -

Our first company thats already under purchase agreement (sanitary waste company) costs about 5m USD. We are planning on using 1M USD from the token sale and 4M USD from Intellisys bank loan.

If we can raise 1.5M to cover the purchase of the first company, that would show a great proof of concept and be a success.

-Charlie Shrem

We are LIVE right now with Chris DeRose on Bitcoin Uncensored.

https://www.youtube.com/watch?v=7TUyH31-qgI

https://s28.postimg.org/7w049jubt/Screen_Shot_2016_12_27_at_10_06_37_AM.png (https://postimg.org/image/7w049jubt/)

Answer my question you convicted criminal

Dude your a fucking troll!

So, no USA? no European union investors?
KYC - this will be on polo and will be restricted there?

Nowp :P

This is highly unlikely. U will keep them and dump on support when the dust settles.

I dont think this can trade on poloniex, maybe yobit and ccex and bittrex though.

Is it true, is the op a criminal?

That number is nowhere close to what can be dumped by diem holders. See shitty diem outstrips this LP fund asset by a great margin. This is not something to be proud of.

Charlie spent some time in prison, because his exchange helped launder 1 million dollars worth of BTC for the Silk Road and the exchange was not properly licensed.

Is that a federal offence? Sounds like it? How is he running an ICO?

@ MainstreetLP, I've sent you PM please check it. Thanks

The company is registered in the Caymen Islands and US residents are blocked from participating. This probably makes it beyond the jurisdiction of the USA.

Yes, its no secret I've spent 1 year in prison due to my involvement in BitInstant - you can read about it here: https://news.bitcoin.com/charlie-shrem-home-moving-onward/


Most token offerings allow anyone to participate. US law is still grey, I'm not taking chances.

I dont handle regulatory, compliance. I work with technology, being the CTO of this project.


Got it, thank you!

-Charlie Shrem

All exchanges are allowed US citizens to trade, how can bittrex and poloniex, or kraken refuse them to trade? And how to implement it? I doubt it, you mean poloniex automatically hide the LP trading pair to an American account? It sounds unlikely.

It's easy actually. The exchange that were working with has different levels of KYC. If you did any level, and are a US or EU citizen, the market will be closed to you.

We're on the phone with them now actually, and will make the announcement in a few days :)

-Charlie Shrem

D o you have signature campaign? I have seen many people wear the signature, but not found the campaign in the thread

Only staff members are advertising them that is why much hard to find the link for signature campaign.

Yes, its a closed campaign that we asked members in advance.

The exchange will be integrated into our website!

How will you prevent US and EU citizens from obtaining tokens after the ITO is over? Will the smart contracts somehow prevent someone from transferring their tokens to US and EU citizens?

The smart contract cannot and will not prevent anyone from sending tokens to someone else.

The token represents ownership in Mainsheet LP and its portfolio companies. US and EU residents will have no rights to that security nor distributions of the token.

We wish we could open this up to those countries, but right now we can't  :-[

makes sense.  the guy CONVICTED of fraud ask GREEN TRUST members to privately rep his ICO to add legitimacy. Have you not learned your lesson in fraud? haha

your such a joke charlie, its a shame that since its ILLEGAL for you to ask anyone for money in the US you had to backdoor this cayman islands shit.

You "green trust" sig reppers should be embarrassed, but hey whatever pays eh?

Totally SiK!

Um, Charlie was not convicted of fraud. Get your facts straight. You can find out the gist of it on Wikipedia. ::)

Breaking the law is breaking the law never the less.

right, agreed.  i mean, it IS true tho that the SEC has FORBIDDEN Charlie to sell securities/shares to US citizens? cause i mean i honestly won't give a satoshi of my BTC to ANYONE under those conditions, i don't care what their name is ;p and im not even American, i COULD buy into this, but i don't wanna be involved with a convicted felon (also true no matter how you sugarcoat him, if you have been convicted of a felony, you are a felon.) 

So true, but why not just do this using some other front man and charlie could have sat back and never come public. now hes public and wants to raise 20+ million. Sounds crazy to me. should have just used a front man.

Hi, Charlie, do you have offer Chinese translation bounty? Pay in bitcoin or LP is OK. Once I translated for you in 2015.  ;D  If you remember me, we contacted by email before.

BTW, your project looks ambitious, we know you are a first class enterpriser, all bitcoiners support your new project, thanks for your contribution to the bitcoin community.

So you think that Charlie should have hid behind a front man? How would that make this more legit? Sounds dishonest. With Charlie out in the open, all potential investors can decide for themselves if Charlie can be trusted given his history. You should realize that some people in this community think Ross Ulbricht is the crypto-equivalent to Robin Hood, which would make Charlie one of the Merry Men, I suppose.

The project sound legit! really concerning about why company is based on cayman island...

Because of legal issue, or high tax in USA, Shrem was tricked by USA government, this time he will revive from death

Yes, and it appears that Coinbase is going to be the USA Government's next victim. I wonder what charges they will make poor Brian Armstrong face once they finished their fishing exhibition of all the "tax evaders?" Maybe they'll let him and Coinbase go by with just a heavy fine.

Thats not how it works dude.

Watching.

not open bounty dev
maybe is ico selling must promote use social media campaign and signature campaign
to all bitcointalk member know about mit coin and open ico selling
if masive promote use signature campagn and social media campaign
can inraese your ico selling

Really didn't want to bump this thread but I had to say something. Guys...This is a straight up SCAM. Please don't lose your money. I can't believe how bad the scams are in cryptocurrency. This is crazy.

You do realize that Charlie was one of the founding members of the Bitcoin Foundation? Is that a scam too? GTFO.

The bitcoin foundation is a known scam and no one trust any of the members.

Then sell all of your BTC now. You have a great exit point. Then GTFO.

The BTC foundation is one of the reasons i don't trust charlie as far as i can throw him. Do your research.  They basically partied and wasted the entire fund of the foundation on exorbitant garbage, and charlie lapped it all up while he helped the silk road. fuk this guy. But yes everyone can make their own decisions you have that right

o and i forgot: after they blew all the money they came to this forum to ask for the communities help to bail them out! so bad

I'm just wondering how the team is going to raise the money they are looking for, no US and EU citizen are allowed to invest into the ICO, I know most of the ICO investors are from this part of the world. Also there is no open signature bounty nor social media bounty to promote the project. I like the idea and looking to invest  but the main issue here is the matter of trust. Can I trust this people with this huge amount of money if the ICO becomes successful

Of course people in the US can invest. All they need is a vpn and the btc. :D

I actually resigned from the foundation in Jan 2014 the day after my arrest before any of that happened. I resigned so my arrest would not tarnish the name of Bitcoin.

I've never asked any of you for money for any project, nor asked for a bail out. I'm not asking you to invest in some imaginary platform that I will promise to build. This token represents ownerships in real companies.

I did the crime, and I did the time. Now I'm moving on. You can read about it here: https://news.bitcoin.com/charlie-shrem-home-moving-onward/

-Charlie

It's just an investment project there is no reward for this project in my opinion.

o, well hey, im happy to hear that you were "away" during that with the BTC foundation, hmm, maybe one could argue they would have stayed on track then if you had continued to be involved? :D
i believe in second chances, maybe im a bit jaded because i believed in YOU. It was disappointing when you got arrested :/
i will be taking a harder look at this, i respect a person that can reply intelligently to peoples concerns.

Thank you! Please give me your worst!

Whe all have to look forward! Learn from ours mistake , we all make mistake anyway...

Yes!

Maybe they don't need social media because Charlie is a famous person in the community, he has contacted his whales freinds, he will succeed in this ICO

If you are interested in managing any social media, ect, contact me directly! 

seem to be great hope we will have future develop!

I think the developer should look towards signature bounty too to accomodate more people on the thread, I believe this thread should always be found on the first page of the Announcement section, I always search for it from other pages for any update on the ICO and the  exchange news. I know the developers have strong contact but I was here during ICONOMI ICO, the thread is always found on the first page and even sustained this after the ICO.

What do you mean?

Possible regulatory issues?  This will be a test to see how sec etc respond.

The fund is closed to US and EU residents. We don't want to, but like you said, the laws are murky and I don't want to risk it.

https://s30.postimg.org/6ua5s0etd/Screen_Shot_2016_12_31_at_9_26_23_AM.png (https://intellisysfund.herokuapp.com/)
https://s30.postimg.org/qauvej9xd/Screen_Shot_2016_12_31_at_9_26_33_AM.png (https://issuu.com/vanbexgroup/docs/mainstreetinvestmentlp_itom-2?e=26945812/42029557)
https://s30.postimg.org/yrudpgem9/Screen_Shot_2016_12_31_at_9_26_45_AM.png (https://vimeo.com/196756533)

HOLIDAY BOUNTY???

 ??? 8) :o

Our smart contract will be open source in a few days, so we will have a bug bounty!

He means more signature campaigners will bump the OP more often, more exposures=more fund, you need a signature campaign, not only for those hero members or staff.

New article out today:


Charlie Shrem's Post-Prison Blockchain Project Sees Gold in Garbage
http://www.coindesk.com/charlie-shrems-post-prison-blockchain-project-sees-gold-in-garbage/

Our first company purchase has been negotiated, we will be updating the prospectus shortly here.

We've made some changes including the ITO date, ownership, will be released shortly.

-Charlie Shrem

What? Any angel investors buy your company share? Or they invest in the company? I can't catch it. So you have first round fund already? I know Charlie you have more than 10k btc, maybe more than 100k btc, you need no working any more.

We've announced today that the Mainstreet LP has negotiated the first company its purchasing.

When you buy a token, you own a piece of Mainstreet LP which owns companies.

Once the ITO starts Jan 23rd, we will use the first 1m USD to purchase this company.

SANITARY WASTE BUSINESS ACQUISITION PROSPECTUS: HTTP://INTELLISYS.AI

----

PRESS RELEASE
FOR IMMEDIATE RELEASE

January 4, 2017

Intellisys Amends Memorandum, Releases Prospectus on First Acquisition
Michigan-based sanitary waste disposal company will be ‘foundation of the Mainstreet Investment fund’, says Intellisys CEO, Jason Granger

Cayman Islands — Intellisys Capital LLC (“Intellisys”), general partner (GP) of Mainstreet Investment LP, a private investment fund facilitated by the Ethereum blockchain, has amended its initial token offering memorandum (ITOM) in three key areas, as well as the sale’s start date, after consulting with potential investors and the general public. Intellisys has also released an eight-page prospectus on the fund’s first acquisition, a Michigan-based sanitary waste business.

The areas of amendment are:

- Sale Start Date: Moved to Jan. 23, 2017 with an official end date of Mar. 23, 2017.

- Ownership and Distributions: Intellisys has, among other related items, modified the Carried Interest Split from 30/70 to 50/50 for investments that require recourse by the GP or its ownership to obtain competitive financing for leveraged buyout options.

- MIT Clawback and Exit Hurdle: Intellisys has included language that protects Mainstreet Investment Token (“MIT”) capital contributions on investments.

- Discounts: Intellisys has modified the discount structure to reduce arbitrage concerns for early investors and bulk investors.

To allow time for these newly amended items to be reviewed by interested parties and to provide adequate testing of the smart contract prior to release to trading exchanges, the date of the crowdsale has been moved, according to Jason Granger, chief executive officer of Intellisys.

The revised and updated ITOM can be read in full at intellisys.ai.

In addition to the above changes, Intellisys has also released a prospectus on the fund’s first investment, a sanitary waste disposal company.

As Granger explained, this first business is an essential building block for the fund, an important piece to pave the way for significant growth.

“It is the foundation of the Mainstreet Investment fund,” said Granger. “We have worked tirelessly the last nine months to make this first acquisition happen.”

The prospectus details the sanitary waste company’s history, its management and employee information, industry involvement, affiliations, competitive disposition and more.

The company has 20 years of experience in the sanitary waste industry and is a well-known entity in the space.

“Its well-established presence, combined with the untouched landscape in terms of investment, will allow the fund to lead its first company to new heights, formulating plans of market consolidation and growth,” said Granger.

The long-term goal for the sanitary waste company is to build it into a national organization over the next decade, which will provide sustained gains for investors.

As detailed in the prospectus, an acquisition rollup strategy will take place to acquire three to five companies each quarter with an overall objective of retaining 25 percent of the market share in Michigan over the course of the next five years.

Over 20 companies have already been identified for acquisition with as many as five that will be eligible for closing in early 2017, which will have a significant impact on company performance within the first six months.

Charlie Shrem, chief technical officer of Intellisys, said he was excited to have this first investment in the pipeline.

“We will be closing this deal as soon as we hit the required investment threshold,” he said.

Shrem added, “This will be the first time global crypto-investors will own physical, stable U.S. companies,” providing the opportunity to contribute cryptocurrency-based funding to mainstream American companies.

The prospectus is available to read in full at mainstreet.ky.

About Intellisys Capital
Intellisys Capital Management, LLC, was founded for the purpose of managing a portfolio of companies that have high-growth opportunities. Intellisys is a major shareholder in Mainstreet Investment, LP, a private equity fund powered by the Ethereum blockchain.

For more information visit intellisys.ai and mainstreet.ky.

For media inquiries, contact:
hello@intellisys.ai

Still watching this one, maybe I'll be convinced and invest at the end.

Has the launch date changed ? I saw the countdown "15 days" a few days ago while Its 17 days now. I also think that the marketing is a bit weak , I only see a few people who are wearing the signature while there are no ads on the forums or in crypto related sites either. Is it possible to invest using BTC If I'm not from Europe or USA ?

Hey hey,

Because the token is closed to US and EU investors, you won't see much marketing on English language sites. Most of the heavy marketing is in China right now

Yes, the token sale is Jan 23

In China? Where? I don't actually see Chinese promote it, I ask Chinese friends, they don't know this coin. Also, don't see Chinese post here.

If someone from Africa or Asia for example wanted to invest , how do you know from where he is ? providing ID scan is a must ? I also wants to know , by holding the Mainstreet tokens from the ICO , what would the users gain ? your project looks pretty much like ICONOMI and I want to see the differences and the profit possibilities between the two to decide where to invest.

Only EU and USA? But how to ban them? Do you need to verify their ID? If yes, if the project lacks the main investors, this project will be difficult to be successful, EU and US are the main bitcoin region. China is only good at mining, but now investment. I can't understand why you refuse EU and USA? All about money landrying? Be clean if you don't wanna go to prison again. You have earned enough money, security is the first, I don't think you have blown all of your earned 100k btc.

The token sale will be managed by 3 exchanges who will verifying identity.

Iconomi is a very cool project, but both projects have very different visions. Iconomi has a DAO platform model for anyone to be a fund manager, and by the looks of it wants to make it easier for investors from old economy buy crypto index funds and diversify portfolios of current crypto-investors amongst the many token and coins available to them.

Mainstreet Investment LP, through its token (MIT) and the management & investment expertise of Intellisys, aims to modernize traditional finance, create greater access to private equity in strong US companies, and provide stable returns for holders. Further, if you've read the ITOM you've seen our unique strategy of acquiring bitcoin and blockchain assets that can develop synergies with our portfolio of middle-market companies.

This can help legitimize bitcoin and blockchain technology for the old economy by solving real business problems. Of course, the secondary strategy is a little down the road, but falls under our vision of modernizing and creating greater access to finance.

We have already released our first company purchase, a Sanitary Waste Business, you can read about it here: http://intellisys.ai


涅槃重生：Charlie Shrem的区块链新公司从垃圾中看到黄金商机

http://www.gongxiangcj.com/show-22-2936-1.html

https://s29.postimg.org/632320nsj/Screen_Shot_2017_01_05_at_1_14_52_PM.png (https://postimg.org/image/632320nsj/)


Bitcoin’s First Felon Wants to Use Ethereum to Buy Up Michigan’s Waste Industry

http://motherboard.vice.com/read/bitcoins-first-felon-charlie-shrem-wants-to-use-ethereum-to-buy-up-michigans-waste-industry

https://s29.postimg.org/s3ifin6gj/Screen_Shot_2017_01_05_at_1_14_31_PM.png (https://postimg.org/image/s3ifin6gj/)


Please join our Chinese WeChat group as well

-Charlie Shrem

Offering memorandum seems to have been removed. Will the new version be published soon?

To participate in the ITO, you must be registered on the exchange that is initializing the sale. The specific exchange is TBD from my understanding. Also, yes, I believe you must provide ID (register) to participate in the initial ITO. Afterwards you can trade the MIT token freely, to anyone, however there may be issues when trying to receive distributions if you're from US or EU at time of quarterlies.

can we  trust this team? lol
they wanna earn money from chinese.

Can you trust a guy who served time for helping the notorious silk road? sure, why not? :D
He dosent WANT to earn money from the chinese, but the US has forbidden him from selling anything to Americans or citizens in the EU, so he HAS to hit up the china ;p

It sounds horrible haha, but he's a solid dude, look him up :) 

im NOT investing as for me its too slow, quarterly dividends ? of what, MAYBE 5% ROI each time? i KNOW thats normal for "real world" finance, but this is Crypto, baby! ;p

i ROI every 100-200 days, then usually sell the asset to "double" my money. rinse and repeat.
So this just dosent fit my personal investment style, too slow.

https://i.imgflip.com/1h721c.jpg (https://imgflip.com/i/1h721c)via Imgflip Meme Generator (https://imgflip.com/memegenerator)

Had a look at the offering memorandum v.2. Improving investor economics to 50% vs 30% is great, thank you.

How would you explain introduction of 5% management fee though? Seems high + you will be paid ahead of investors which does not seem to be in line with the preferred return concept.

Also, you do not seem to have any independent signatures on your ETH wallet, not sure it counts as proper escrow.

Finally, you are planning to convert BTC to ETH immediately upon receiving. I guess given you don't have a refund feature it does not matter so much. Otherwise not sure I would be so happy to get ETH back at an unknown exchange rate after investing BTC, should the ICO not go ahead.

Looks like this is for making rich richer project.If initial price is set to high,how can small time investors like me going to invest?

Of course. What do you expect when a convicted criminal is at the top of the totem pole.

The price will be $1 per MIT. You can invest as little or as much as you want!

hi dev are you planning to have  translating bounties ? thanks

Can you stockpile dividends owed to you as a holder of MIT?

We have recently put out a few chinese articles:
http://www.gongxiangcj.com/show-22-2952-1.html
http://www.gongxiangcj.com/show-22-2936-1.html

We also have a Chinese bitcointalk thread here: https://bitcointalk.org/index.php?topic=1728058.msg17293236#msg17293236

We are cooperating with compliance partners who will be verifying the address and identity of people who are participating in the token sale.
By holding the tokens, and having a fully verified account - owners of MIT token would be entitled to a dividend.

Amazing meem. You are a very funny man.

It is a beautiful and detailed narrative. I wanted to read all your writings,
but I'm bored. ;D ;D ;D

Why are you guys supporting a convicted felon?
Like seriously, WHY?

I dont care if he's on CNN. Hes a law breaker, a criminal and I can never trust him. The same way I would never hire a criminal to work in my restaurant.

Still waiting for the escrow ???

Mainstreet team, any comments on the below please?

if you guys hasn't assigned someone to translate this ANN thread to Filipino, I'm available. I have been translating ANN threads from time to time and gets to update the thread whenever there is the need to. if i find something to update my readers i will do it.  Will check back this thread for the response. 

I dont know about the other guy but I dont respect any felon or support them.

Dont forget that hes a wife beater and a murderer. He killed a former vietnam veteran after he refused ride home with him.

Hi, there won't be escrow for this sale as they are using an ethereum smart contract and multisig

To clarify, token holders get paid first. also, the management fee is only after profits have been earned.
We will be using multisignature for the sale and there will be independent signatures on the ETH wallet when this is executed.

Thank you for the response.

So how do token holders get paid first if any payments to them go only after 5% management fee is deducted?

Understood regarding independent signatures, waiting to hear the names.

So u have to clarify whether u're affiliated with intellysys AI conference, otherwise I will conclude that u just use a random catchy name that u found on the interwebs to build up some more hype for ur scammy sale. U really need to put forth some guidelines for urself if u wish to stay in business and don't want me to google thomas' name and find out that he is part of ur imagination. NEFT website along with shipping hubs and facilities where vodka is produced belongs to russian Alex which makes ur statement about mr. holzinger being a general manager of NEFT not only ambiguous but outright retarded. Nobody at official NEFT store and shipping outlets has ever heard about holzinger. Who do u say thomas is?


So u want to convince noobs that u rush for a few bitcoins while thomas, man of unbending principles and allegedly a fund manager at air-travel agency, agreed to be one of the advisories for ur project. I cant help laughing at u bro. Everyone including urself knows that thomas is none other but a braindead character from marvel comics books, and a former detroit pimp, according to police sources.

First off, the name intellisys is actually used by many other organizations including a major equity research company in the UK. I assume you're talking about the intellisys AI conference which really has nothing to do with equities, markets, or bitcoin.

Another thing, if you actually google Thomas' name you will find his Linkedin here: https://at.linkedin.com/in/thomas-holzinger-25834963
And if you bothered to do ANY ACTUAL FACT FINDING then you would have also come across these links:
http://sfspiritscomp.com/pdf/S14-PkgDesWinnerList.pdf
http://www.globalmanufacturers-directory.com/p-171046.html

MORE IMPORTANTLY, you could have done a whois lookup for Neftvodka.com and you would have seen: http://whois.domaintools.com/neftvodka.com

I knew that. I was able to skim through the first 2 pages of g/search results (incredible eh??), and found out that at least 10 sites advertising their business initiatives under intellysis brand name had their origins in the UK, but none of them had an affiliation with intellysisAI. But u deliberately put "AI" in ur site's name.


Yes, and this is why I'm asking u to drop "-AI" suffix and relaunch with a clean domain name.


U make this stuff up. How can I be sure it's not ur brother-in-law's account masked to look like Thomas.


I see his name in there but I'm not bought, man. To convince me, u need to do an interview with thomas or find a trustworthy person willing to vouch for him as an advisory for this project, and hand his/her word over to me, so I can finally shut the fuck up.

New ITOM is out! Check it out at: http://mainstreet.ky/#ITOM

ROFLMAO.... Sorry but sheeple who cry 'he broke the law' make me laugh my ass off... As though all 'laws' are just & equitable.

Would you hire a criminal in your restaurant? And if you say yes you better be prepared to be out of business soon. Don't you think there's a reason big companies wont hire people with a criminal record? It cant be because they are stupid and dont know how to make money. Its because people who have broken the law are not to be trusted.

Any news on the ICO, the exchange/s on which the ICO will be available to buy.

The problem with some people is that they only look at the result and not the source of the prone. So you won't vote for Mandela then because we went to prison. Let's always cross check things before forming opinion on it, also remember nobody is an angel and everyone deserves second chance.

Latest update!


Token contract is posted here on github for public review: https://github.com/MainstreetLP/token

If you identify any bugs, we have Bug bounty details here: https://github.com/MainstreetLP/token/blob/master/bugbounty

Security audit of the token contract is here: http://www.intellisys.ai/security-audit-of-mainstreet-token-and-crowdfund-smart-contracts/

Thank you!

My logic is not failed dude. Criminals deserve second chances and that's what welfare is for. Criminals who are involved with breaking laws especially that revolve around money should not be given a second chance by running a ico and asking for millions of dollars. If you don't get that then there's no help for you and whatever you lose you deserve to lose.

Charlies future.

https://i.imgflip.com/1hwet8.jpg (https://imgflip.com/i/1hwet8)via Imgflip Meme Generator (https://imgflip.com/memegenerator)

Guys, jokes aside - Charlie did his time and I'm sure he wants to move on.
That being said, this project is heavily regulated - which is why US and EU and other jurisdictions are blocked from participating in the token sale.
There is alot being done on the legal side to make sure this project abides by securities laws.
Moreover, this isn't another ICO asking for millions of dollars to put into development that never ends up going anywhere.
If you take a look at the ITOM and the Prospectus, their plan is to buy American companies, and verified token holders will receive dividends/distributions.
Hope this clarifies things, and whether you chose to still question Charlie's motives because of his past, I ask you to remember that everyone makes mistakes when they're young, especially when they're the compliance officer of their own company, and doing alot of btc volume.

Just wondering, what happens if someone from the eu or us does manage to buy some. I guess then all it would take is one angry user with a vpn to make it a bad day for everyone else. Right.

And I must admit. That meme is hilarious.

Great question - if a person from US or EU does manage to buy some after the sale then they wouldnt be able to receive the distribution (dividend).
During the token sale, only the whitelisted addresses will be able to purchase tokens - this means anyone buying MIT tokens have to go through the exchanges and must have a verified account, so even if you are using a VPN (which I'm using generally for all my interneting) then you would have to be able to prove the address you're putting forward.

is there any bounty?

sign camp?

translation?

Probably already have a signature campaign according to the post above. Information about it is not present on the first page.

ya they are funny.  they want the communities money, but are picking and choosing what they consider "high-level" members to rep their sigs privately to add legitimacy to the project. Says alot actually, tells me the OPPOSITE:  they are saying FUCK YOU to the community, still want our money tho, and are willing to use shit like bitcointalk "celebrities" like on TV to try shill, good job using PEON TACTICS, charlie...

this is so sad, im happy 12 pages only, FUCK YOUR 15% ROI A YEAR CHARLIE, this is CRYPTO!  maybe you can get your sig shills here to buy in?!? hahaha

I agree with this in toto.There were many scammers here but did they have a criminal record or did they go to jail?No they had no previous criminal record but still they cheated the community and ran away with all the money.
To assume that someone would scam you just because he went to jail in past is as wrong as saying that because a person has no criminal record,he would not commit any crime in future too

But let's say someone with duel Mexican/US citizenship did manage to buy some and then complain, and Im talking about buying some directly from the sale. How would that work?

Hello everyone, we have an important announcement from our CEO, Jason Granger.
Please see this link: http://www.intellisys.ai/letter-from-the-ceo/

This ICO is meant for Non US Non Eu residents yet most of the people wearing your signatures are from these countries.I don't think this is going to get you any investors here if you do not promote it particularly in local boards like Chinese,Indonesian and India etc.I suggest you run a campaign for these local sections to spread your word

Thanks for reaching out. We are active via other media channels in several countries as well as by attending international conferences, meetups and events.
We have been featured in several articles and will be hosting a number of forums to directly inform the community on our progress as we approach the offering’s launch date. A forum will be held in mid-February in China following the completion of Lunar New Year celebrations.

the possibility should not be denied completely ，we need to be tested by time . time will give us such result。wish project success。

So how in the world did they ever knew bitcoin and this forum without learning about escrow? buying a property even needs an escrow and them being in the business doesn't even know what escrow means after being asked lol that's just bullshit.

but then they asked what escrow was? that should be funny.

i also suggested somewhere that escrows shouldn't send all funds directly to the team but send the funds as per request of project's phases and also
after the consent of the investors.


because cayman island is where caymans are. ;D

Check out our Charlie Shrem interviewed by Max Keiser in Miami.

"In the second half, Max interviews crypto entrepreneur Charlie Shrem about bitcoin, blockchain, crypto and… buying up Michigan’s waste industry."

Starts at 14:33 minutes: https://www.rt.com/shows/keiser-report/375115-episode-max-keiser-1024/

https://i.imgur.com/Nq4VgFT.png

coin@coin Charlie says: Hahaha awesome!!!

Thanks for sharing.  :)

What is the minimum amount one can invest in this ITO and is there any provision of refund in case ITO failed to achieve the target amount?

There is no minimum amount someone can invest. Our minimum target is 1 Million US Dollars. If we raise less than 1 Million we will refund.

The signatures on their escrow are parties affiliated with Mainstreet so I would not call it escrow, it is just a multi-sig.

you sure? lol
I didn't even bother to check after i asked because i didn't get quite an acceptable response. but i understood it quick they are up to something.
but what can i say, they already said there is no point on having an escrow when scam always happen all the time and they are right.

As per our ITOM:


Cooley is one of the top law firms in the US, The Vanbex Group is a well known Blockchain Consulting, Marketing and PR firm.
Intellisys are their customers yes however they are both third-parties and are reputable in their industries.
Before signing transactions they will be required to perform due diligence and it's in their interest to make sure it is carried properly.
We will also make sure to be as transparent as possible and release PRs/announcements for any decision regarding funds management and companies we are interested to add to our portfolio.

 

                                                 ICO Mainstreet added:"ICOTRACKER_NET" http://icotracker.net
                                                   https://youtu.be/VQtkZORX8og  Russian-speaking people!


http://s8.hostingkartinok.com/uploads/images/2017/01/52b87e446042956ac4176446e60ca81b.jpg

All of the above is not an escrow as is and  information is not related to bitcointalk forum, where you  do PR now. Here people trust escrows only. And why to convert BTC into ETH if the rate for both isn't stable. It is easier to  remove  it completely.

The second half of Charlie's interview by Max Keiser is out:


Interview starts at around 16 minutes: https://www.rt.com/shows/keiser-report/375376-episode-max-keiser-1025/

https://i.imgur.com/Cjyk9DP.png

Does mainstreet Investment have a bounty program posted somewhere else in this forum? because I'd like to invest my time to it and create a blog post about it to spread the word. If there is, please post it on the first page so everyone will know.

@MainstreetLP, i sent u a PM about translation, thanks

We don't have a bounty program for the moment, if and when things will change we will make sure to post here.
Thank you for the interest.

I am so gutted, because I live in the EU means that I can't invest or be part of this in anyway? Isn't there a way round this at all? The whole concept is actually awesome but keeping EU peeps like me out is saddening.  :'( I have a really sad face now.

So,whats that?
Anyway, u dont want turkish investors,....

We meant a fully fledged bounty program.

We have accepted some translations via PM however we are not interested in all language as our token sale is closed to certain countries.
We only reply to the ones we want to go ahead with. Thanks for reaching out.

I checked the first page and did not find escrow details...

so no investing here

I don't think they'll use Escrow for their ITOM. To Guarantee Investors, The ITOM funds will be held by a multisig address as seen here:


 Aside that, The Project is backed by some big names... That's some more assurance but If you feel You can't Invest without an escrow, I suggest you better not invest.

Apparently Some ITOM/IPO/ICO that utilized Escrow services turn out to be scam.

There will probably be third-party individuals or groups that can directly participate in this ITO, then farm it out to those in the EU and US, just like a VPN, but instead of a VPN it's "real life". Maybe something like an "international forwarding address".

So, anyone not from the EU or not from the US can participate? That means, Asia, (China, South Korea, North Korea?, Thailand, Philippines, Indonesia, India, or about 48 of them), Russia? Africa (64 states or territories), South America, North America except the United States, Canada, UK? (Did they officially leave the EU already? Brexit?) ... The "trump countries": Iraq, Syria, Iran, Sudan, Libya, Somalia, and Yemen?

Whoever buys tokens will have to go through KYC/AML, they could sell tokens onward if they wanted to but only the people registered with us will be able to receive a share of the profits.

However don't despair just yet, our legal team is still researching every single country we may or may not be able to allow to participate.
We hear you, we listen to all your feedback and hope to get a definite list of countries soon, well before the start of the token sale.

We have spent a lot of resources in legal compliance, bare with us, we want to make things just right.  

So, how does the "share of the profits" work? I mean, does the token increase in value? Is there a buyback thing? What is the token for if the holder of the token can't receive a share of the profits?

I'm sure you've thought about it already, but anyone who acts as a "pass through" will simply declare that he owns all the profits, collect them, then forward those profits to his own "share holders".

The token needs to be purchased from our platform and each purchaser will have to verify their ID, country of residence, etc...
All registered token holders will receive distributions (in ETH) originating from the companies we acquire as described in our ITOM which is available on our website, we recommend to read it to understand how our fund and its tokenization works.

Anyone can register their tokens at any time once we have the registration process live. Once that happens, a token holder can collect distributions. The tokens will get traded on exchanges and may be owned by restricted holders. However, they will only have beneficial rights, not security rights. To exercise security rights, the token holder will need to register their tokens with us, which will primarily be when the distributions will be made.

We will only provide distributions to token holders who are registered with us. If at any time a token holder decides to sell his/her tokens to a new registered owner they can by contacting us and we'll take care of making sure the new owner is also registered. Token holders can also sell them on exchanges or peer to peer as they see fit, however in that case distributions won't happen to these tokens unless they are owned by a registered user.  

Taxes on capital gains are the responsibility of the token holders and subject to local requirements. You will have to trust a third party with your own money to buy tokens for you, as well as forwarding any due distributions in a timely manner, considering ETH price fluctuations.  A "pass through" as you call them will also have to declare capital gain taxes on any distribution so they will have to cover that cost somehow...

Thank you for the explanation. The last statement is easy, these "pass throughs" will simply charge a fee or a percentage to cover the cost (and probably make a little profit on other people's money.)

I'll be reading the AMA, but I don't have a reddit account, I'm sure someone else will ask the same questions.

Hi, I am residing in India and I hope i am allowed to participate.
Which exchange is ITO going to be hosted and what is the minimum amount of btc can one invest?

There is no minimum purchase amount.
We will announce a definite list of allowed countries as well as instructions to participate before the start of the sale.

GRAND CAYMAN, Cayman Islands — Cayman Islands limited partnership Mainstreet Investment is pleased to announce that the previous restrictions have been lifted and investors across the Northeastern hemisphere including the EU, are now eligible to participate in Mainstreet’s forthcoming digital token sale, subject to local laws and restrictions.

“We’ve extensively reviewed the international investment landscape to shield the Mainstreet token offering from a multitude of unknowns,” said Jason Granger, chief executive officer of Intellisys Capital, Mainstreet’s general partner. “In the process, we determined that the U.S. and Hong Kong are the only fully restricted jurisdictions for the sale."

“We’ve opened many jurisdictions across the international community as a result of our in-depth review of regulatory restrictions, which opens up a significant opportunity in countries throughout the international community.”

Individual investors will be required to self-certify and acknowledge they understand and are adhering to the laws of their region of residence and assume the associated risks for an unregistered security, Granger said.

“From the outset, careful compliance with the highest standards of international securities regulation has been at the forefront of our preparations to issue the industry’s first tokenized security on the blockchain.”

Intellisys has hired Trulioo, a Vancouver, B.C.-based provider of identity confirmation software, to ensure that information provided by investors fully complies with Anti-Money Laundering and Know-Your-Customer requirements.

The Mainstreet Investment Token goes on sale Feb. 13, with 50 million Mainstreet Investment Tokens (MITs) available for purchase. The sale will run through April 14, 2017, or until all tokens have been sold.

Proceeds from the Mainstreet sale will fund the acquisition of U.S. middle-market companies. The sale is capped at US$25 million, with a 10 percent holdback for additional investment and working capital needs for existing investments.

A full copy of the offering memorandum with complete details on the token sale can be found on the Intellisys and Mainstreet websites at intellisys.ai and mainstreet.ky.

About Intellisys Capital
Intellisys Capital LLC is the general partner of Mainstreet Investment, LP, a limited partnership private equity fund powered by the Ethereum blockchain. Led by Jason Granger and Charlie Schrem of Intellisys, Mainstreet Investment is issuing a digital token security backed by real assets and which provides real investment returns to holders.

For media inquiries, contact: hello@intellisys.ai

For investor relations, contact: corporate@intellisys.ai

Please Respond to my PM. 

There are some opportunities do invest like this in Australia. The  following listed fund, for example.
http://bailador.com.au/

This fund has to comply with the ASX requirements while you guys won't be constrained in that way.

Did this information get released?

I received newsletter from the mainstreet today, the content says that people in Northern hemisphere of Europe can now invest in the project, but the list of these countries were not stated expect for USA and Hong Kong citizens that are not allowed. I will like to know the list of these countries

As per our Press Release (a few posts back) and on our website:

http://www.intellisys.ai/mainstreet-investment-removes-restrictions-widens-investor-eligibility/



Hope that clears it up.

The team seems to be set for the crowdsales finally, what I don't understand is that there would be 50 million tokens and the fund is capped at $25 million. With the price of BTC increasing now at the tokens is 1BTC=1000Itom if I'm right, do that means you won't need to sell all the tokens once $25 million target has been reached

If and when we will reach $25 Million the sale will stop and remaining tokens will be burned as specified in the OP.

This is a very interesting project but the whole token registration/dividend distribution setup seems so antiquated. This is going to put off a lot of people from buying tokens on exchanges in the future.... and no US money?! Iconomi didn't face such problems did they?

I seen there are nothing bounty program

You are saying that it's THE FIRST SECURITIZED BLOCKCHAIN ASSET
and I don't see any technical details..

How is this project secured? What's the technical background?

I have been looking into the project fo sometime, but I saw a tweet about it:

https://twitter.com/TuurDemeester/status/827694879170031616

https://twitter.com/Truthcoin/status/827689762039422977

Please, I will need your view on this, especially the review of the project by I'm not your lawyer guy.

Note: I'm not here to spread FUD just to make right decisions

We are not building our own blockchain nor any software for public use.
We use Ethereum smart contracts for the token and to automate distributions.

A review of our smart contracts is available here: http://www.intellisys.ai/security-audit-of-mainstreet-token-and-crowdfund-smart-contracts/

More than technical details you want to be interested in the financial details for our project. Documents are available below:

• ITOM (Initial Token Offering Memorandum) (http://issuu.com/vanbexgroup/docs/itom_v7?e=26945812/43851100)
• Sanitary Waste Business Prospectus (http://issuu.com/vanbexgroup/docs/intellisys_prospetus__1_final_draft?e=26945812/42698439)
• Investors Deck (http://www.intellisys.ai/investor-deck/)

Jason and Charlie have made some comments about the above on Reddit as well as during our AMA.

TL;DR:
The team is very glad to have chosen Cooley's Marco Santori as their legal representative.
They don't believe the person in the video first understood how Mainstreet and private equity works nor that he's really good at what he does...

Thread #1 AMA (See comments from Charlie and Jason)
https://www.reddit.com/r/ethtrader/comments/5rok7s/ama_join_us_friday_feb_3rd_at_800_est1300_gmt/

Thread #2 (Jason comments)

• https://www.reddit.com/r/ethereum/comments/5ry8ua/vitalik_on_twitter_tuurdemeester_icos_omg_illegal/ddevum2/
• https://www.reddit.com/r/ethereum/comments/5ry8ua/vitalik_on_twitter_tuurdemeester_icos_omg_illegal/ddez80t/
• https://www.reddit.com/r/ethereum/comments/5ry8ua/vitalik_on_twitter_tuurdemeester_icos_omg_illegal/ddepioz/
• https://www.reddit.com/r/ethereum/comments/5ry8ua/vitalik_on_twitter_tuurdemeester_icos_omg_illegal/ddf6ks7/
• https://www.reddit.com/r/ethereum/comments/5ry8ua/vitalik_on_twitter_tuurdemeester_icos_omg_illegal/ddeyrl4/

If you have any specific questions you are welcome to join our Slack, feel free to ask Jason and Charlie directly.

http://slack.intellisys.ai/

When running a new project, especially one like ours, the first project to have a securitized blockchain asset it is normal that some people may get wary.
Also without a bit of private equity background things may not be easy to grasp by everyone. So you do get feedback of all sorts.

However from our point of view as well as our legal team we have done all that needs to be done to be sure our offering is compliant.
We do listen to all feedback nevertheless, it is important for us to make sure things are clear to the public.
We are looking forward to the ITO to start and have had a lot of positive feedback and support from the community.

very interesting project. i wonder how hard it will be to sell as other people may not want to register

We should wait and see :)

I don't like the high 5% management fee and 50% ownership of the GP. you are raising $25M from tokens. unlikely you put up $25M of your own money.

awesome  ;D good luck. I hope many fans in this project and I am still waiting on the bounty program  :)

We don't have a bounty program, if things change in the future we will make announcements.

Charlie interviewed on NPR.

Podcast available on iTunes.

Episode 753: Blockchain Gang

http://www.npr.org/sections/money/2017/02/10/514577243/episode-753-blockchain-gang

 

Yes max raise. Any raise they do 50% is their share already with 5% management. Seems excessive. Unless someone can clarify.

http://seniorlivinginnovationforum.com/wp-content/uploads/2016/11/zeketurner250x250.jpg



team guys , you know his name?lol
he's watching behind you...

I wait to invest it now.

Looks like you made a joke ::)

GRAND CAYMAN, Cayman Islands — Cayman Islands exempt limited partnership Mainstreet Investment is announcing that it is rescheduling its token sale.  News last week from China has impacted liquidity in one of the world’s largest cryptocurrency markets, and has restricted the access to many people’s crypto accounts. Many of Mainstreet’s investment partners are experiencing liquidity constraints due to withdrawal prohibitions levied on China’s top exchanges. As we want to give everyone who is eligible a fair opportunity to invest in the sale, we feel it would be best to delay the start of the token sale.  

Mainstreet’s goal is to maintain strong momentum from the opening to ensure significant liquidity on exchanges after the token sale.  In an effort to ensure maximum participation by the world’s largest markets, including China & Europe, it’s important that all investors have access to the same discount structures provided in the smart contract schedule.  When the $25 million cap is reached, Mainstreet will become a top 15 traded token by market capitalization, which will create strong demand for tokenholders.

“Part of Mainstreet’s mission is to encourage a more stable token ecosystem and temper the extreme volatility of traditional token sales” said Jason Granger, CEO of Intellisys Capital, Mainstreet’s general partner. “While it is not ideal to reschedule the sale, our commitment to our investors is to provide a stable and transparent investment platform.  We anticipate that the additional two weeks will give all of our investors the necessary time to access the funds needed to invest in Mainstreet as Chinese exchanges finalize their KYC/AML processes.”

Mainstreet continues to strengthen its partnerships in China and Europe.  As part of this effort, Charlie Shrem and Jason Granger will be hosting a press conference in Shanghai, China on February 25, 2017 facilitated by Shared Finance. Charlie will continue the worldwide tour with a stop in Switzerland at the Start Summit on March 24.

“We’re really excited about Main Street in all the potential that we can bring, however we do not want to exclude anyone, and many of our Chinese investors would like to be a part of this,” comments Charlie Shrem.

The Mainstreet Investment Token goes on sale Feb. 27, with 50 million Mainstreet Investment Tokens (MITs) available for purchase. The sale will run through April 28, 2017, or until the $25 Million cap has been reached.

Proceeds from the Mainstreet sale will fund the acquisition of U.S. middle-market companies. The sale is capped at US$25 million, with a 10 percent holdback for additional investment and working capital needs for existing investments.

A full copy of the offering memorandum with complete details on the token sale can be found on the Intellisys and Mainstreet websites at intellisys.ai (http://intellisys.ai) and mainstreet.ky (http://mainstreet.ky).

About Intellisys Capital
Intellisys Capital LLC is the general partner of Mainstreet Investment, LP, an exempt limited partnership private equity fund powered by the Ethereum blockchain. Led by Jason Granger and Charlie Schrem of Intellisys, Mainstreet Investment is issuing a digital token security backed by real assets and which provides real investment returns to holders.

For media inquiries, contact:

hello@intellisys.ai

For investor relations, contact:

corporate@intellisys.ai

Hey did you guys just postponed the ITO? I thought that ITO would start today because when I check http://mainstreet.ky/ (day before yesterday) the countdown was 1 day left

What is wrong with this guys this is the second time they would postpone the ICO, I hope this is not because of legal issue or maybe the exchanges issues. 

Is anyone able to access the official website, each wants to open always appear : "The connection has timed out"

Is it my connection is problem or website being maintenace?  ::)

Eligibility to invest in the Fund and acquire MIT is open globally; however, no residents of the United States or European Union may participate. - Very important thing i missed before ... hope everyone else is paying attention  ;)

Not an open bounty especially signature bounty has less media exposures, Charlie you are so rich, but why don't share some for signature campaign for general users? It doesn't make sense.

Yes we did postpone it, read the announcement above your post for more info.

No legal issues we did our homework with that. It's to make sure our Chinese investors are also included since there are withdrawal issues with local exchanges.

Website is up and running no maintenance is being performed.

We have updated eligibility a few weeks back and we also made an announcement.

Only excluded countries are USA and Hong Kong, everyone else can participate including EU countries.

Here's the announcement for more info: http://www.intellisys.ai/mainstreet-investment-removes-restrictions-widens-investor-eligibility/

It is a bit interesting. If USA and HK citizens can't purchase your token/share, how will you limit them? I assume you only disallow the IP there, how about they use VPN to buy? And will you allow them trade in the exchanges?

Good question, after I view the whole OP, I can answer your one question: "If USA and HK citizens can't purchase your token/share, how will you limit them? I assume you only disallow the IP there, how about they use VPN to buy?"

Answer: BTC will be captured by the exchange handling the ITO, AML, and KYC for this project, and will be immediately converted to ETH and also sent to the multisig account.

So they will check the investors' ID to avoid them. Second question, i can't answer, please let Charlie answer.

if you don't have any bounty program than you must change your plan, it is totally your own decision, but I think you should consider this as well, bitcointalk is the largest community of bitcoin users, not only within the forum but bounty will help to cover most of the web with the social media, article and media bounties,

Yes, marketing and promotion in bitcointalk forum is extremely important, you know here is the biggest community, paying in bitcoin is good, if you afraid US people get LP coins.

User will have to register and provide proof of ID and residence for KYC/AML purposes. VPN won't get you around having to provide such info. We will have a platform for people to register when the ITO starts.

We replied to the first two questions in the post above. Yes they will be tradable on exchanges once distribution is complete after the ITO end.

Interesting, this (third? fourth?) delay in the ICO start emphasizes just how much MIT relies on Chinese investors for this project...

I also don't think doing postpone ITO is a problem if the team have good marketing and promotion strategies, I am very interested in this project and will keep my eye on it. if ICO do will in beginning I will join too.

its fine with me, i have been sitting on the fence about this one, just trying to absorb all the info as it come in and i'm very happy to come to the conclusion to get in.

Times are changing in cryptoland, as they do. Gone are the quick-flip ICO,Alt days. Nothing but garbage as far as the eye can see, people trying to out-scam one another thu false promises to users who don't know enough to challenge them.

But here's MainStreet.  A Real world, long term, experience backed investment being offered to ALL OF US (well minus Americans but its complicated)
We don't get many long term gems offered here (and less and less every year), and i can say i don't think we have EVER had an offering exactly like this!

If your looking for something long term, legit and real world like i am, this is it. No doubt. 

You launch this at best possible time Charlie, the highest possible funding here really opens up MainStreet's plans more off the bat! :D

We appreciate the support, thank you!

Changelly is always better than Shapeshift, because their rate is much higher than SS, SS has 10% margin, why changelly has much lower margin than SS. Glad to see they are partners.

HELLO !

WHERE BOUNTY?

- TWIT BOUNTY
- FACEBOOK BOUNTY?
- LINKIN BOUNTY?

WHAT IS COIN? PRISON COIN? WHAT FISH?! CONFUSE, NO CARE! WANT BOUTNY!!!!11!!1!!

They have claimed they don't have bounties, because they don't need us, Charlie has many celebrities friends can give him easy 25 million usd, like Eric Voorhees scammer.   ;D ;D  Charlie himself was a prisoner. Do you wanna lose money?

We don't have plans to offer bounties, we are aware that some projects do. What we saw is a lot of spam going around when these bounties are on and people may get misled into contributing into a sale because of the buzz, not because the token is actually worthwhile. Our approach is to present the information about our project and make the relevant documents available. We have a Slack for people to come on and ask us questions. We let people make their own educated judgement about Mainstreet. We also recommend to read all our documentation first.

I think this project would do well when the ICO is listed, Melonport sold out yesterday in minutes and I expect Mainstreet to do the same.

Concerning Charlie, I think if you are without a sin you can cast stone at him. He made a silly mistake and anyone can do so. The discussion should be about Mainstreet project

We recommend reading our ITOM, Company Prospectus and Investors Deck on Mainstreet.ky and Intellisys.ai if you want to learn more about how our fund works.
We advise not to contribute in our sale if some things are unclear, we believe they are explained very well in our documentation.

There's many people who are long on Bitcoin but then everyone in the world would be playing the same game if they were sure to make 4x their investment right?
There are also many people who invest in private equity funds, there must be a reason for that too? Mainstreet caters for these people.
People who likes their assets to be backed by real companies however with a token that is very liquid compared to regular private equity funds.

If the companies we intend to purchase had inflated valuations and we don't find out we would lose money and we would be in the wrong business.
However we strongly believe our executive team has solid investment background to be able to determine the right valuation of companies and strike competitive deals.

Thanks for the answers. Your token sale is legit than 99% of the ICOs done in past few years in cryptospace. So the chances of value of MIT going to zero after launch is miniscule.
On the other hand chances of MIT token value to appreciate 200% to 1000% (not uncommon in crypto space) is also miniscule. At best investors can look forward to 10% appreciation of MIT token every year.

Not sure you are targeting this token sale to the right audience. It is more suited to mom and pop investors.
Sorry Guys, 10% return is not worth it to go through the KYC/AML procedure requirements. Also, anyone participating in token sale is actually shorting bitcoin.

Good Luck to the team and potential investors. However, I will pass this one.

I don't do money laundry like OP, I don't have criminal records, you say all things are wrong. You said charlie made silly mistake? No, he intentionally did that, because there is very high commission of money laundry, it is 20%.  ;D ;D  You think he was fooled by the criminals? No. He made millions from dirty money, it is the truth.

I reserve Vietnamese translation for bounty. Thanks

You should read the posts back, they do not offer any bounty, they have their other marketing strategy, Charlie is famous, he has many celebrities in bitcoin community can support his fund.

yes , but they do signature bounty ... no ?

https://i.imgur.com/pNJhvGo.jpg

This is a close signature campaign, only open to those hero and legendary members, maybe they afraid spammers, not like qtum, LP is a different project, Charlie has different hobby.   ;D

Yes they have made it exclusive for staff and hero/legendary members.I think this ICO is not for everyone but for exclusive ones

Does exist a slack group?

Yes, there is:  http://slack.intellisys.ai/   It is listed in the original post, so you need to read the whole passage first. But it doesn't matter, my pleasure.

WUT? NO BOUNTY?!

 ??? ??? ???
 >:( >:( >:(

Thanks for the support and taking the time to read our documentation.
Yes ours is a bald proposition but we have done our homework to comply with regulations.
There shouldn't be anymore delays this time however we are looking at market conditions and we will make decisions based on that.

I don't get an invite when typing in my email to this address...https://intellisysfund.herokuapp.com

Could somebody please help?

I have question that I couldn't answer reading the old posts and the ITO materials.
The fund Mainstreet Investment will be based in Cayman Islands and will ave a form of LP, the GP Intellisys Capital will be based in Cayman Island and will have a form of LCC, the limited partner Mainstreet Investment Token will be based in Cayman Islands but what form will have?

The MIT token is Ethereum based so it is not based anywhere. It will be freely tradable on exchanges, however only the token holders registered with us will receive distributions.
Tokens that are unregistered are just tokens, they can be traded on exchanges but they don't represent a security.

Watch the video we are going to post shortly for more on the Legal Aspects of Mainstreet Investment LP. 

“We are very excited that Anthony will join our board of advisors. As one of the original founders of Ethereum, Anthony brings a wealth of experience in blockchain, but an even greater business acumen as we prepare to manage the very first liquid private equity fund on the blockchain,” said Jason Granger, chief executive officer of Intellisys Capital. “Mainstreet is at the forefront of a new frontier to provide liquid investments in private equity that will help to push blockchain technology forward.”

The Mainstreet Investment Token goes on sale Feb. 27, with 50 million available for purchase. Proceeds from the sale will fund the acquisition of U.S. middle-market companies. The sale will run through April 26, or until all tokens have been sold and is capped at US$25 million, with a 10 percent holdback for additional investment and working capital needs on existing investments.

“With Jaxx, you’ll be able to use your ethereum address and receive Mainstreet tokens,” said Di Iorio. “We’re very excited to be working with Mainstreet.”

The sale will occur on Mainstreet’s website with the help of Trulioo (https://www.trulioo.com/), a Vancouver, B.C.-based provider of identity confirmation software, to ensure that information provided by investors complies with Anti-Money Laundering and Know-Your-Customer requirements.

Along with listing the token, BlockTrades International Inc. (https://blocktrades.us/) will be providing help with processing of the sale, allowing participants to take part in the token offering using well more than two dozen accepted cryptocurrencies, in addition to Bitcoin and Ethereum.

The digital token will also trade on exchange C2Cx (https://www.c2cx.com/).

A full copy of the offering memorandum with complete details on the token sale can be found on the Intellisys and Mainstreet websites at intellisys.ai (http://www.intellisys.ai/) and mainstreet.ky (http://mainstreet.ky/).

About Intellisys Capital
Intellisys Capital LLC is the general partner of Mainstreet Investment, LP, a limited partnership private equity fund powered by the Ethereum blockchain. Led by Jason Granger and Charlie Schrem of Intellisys, Mainstreet Investment is issuing a digital token security backed by real assets and which provides real investment returns to holders.

For media inquiries, contact:

hello@intellisys.ai

For corporate inquiries, contact:

corporate@intellisys.ai

So still not possible that EU users can join the ico right?
Just want to know that i can leave the boat and save time watching it.

thx a lot

OK you said EU is allowed. Now in ico site Germany is not listed as allowed??

It is weird, if they think Germany is not EU country? And UK citizens can invest, am I right? BTW, the funding situation sucks, the project will fail. R.I.P.

Yes very very strange and fishy.

Too many personal information required, I will let this go. This is for me is against what Cryptocurrencies is all about

Passport (Only for the following countries: Argentina, Austria, Belgium, Germany, Japan, Luxembourg, Mexico, Norway, Peru, Portugal, South Africa, Switzerland) Stands under countrys. Dropdown germany is avalible. But really too much personal information required.

OK sory they added Germany. In the morning there was no Grmany

 
I don't get it.

Where is the verification form ?
The page load something and BlockTrades appear without possibility of buying any token.

https://i.imgur.com/kfWXXfK.png

They really ask for too much information...  :-\

I've actually been watching this thread, and then completely forgot to remind myself of the ICO start date. What's surprising is that it's already raised some 1,300 ETH at the time of writing, despite the verification documents needed (I'm in a country listed as needing to provide a copy of my National ID).

Perhaps if there were a bit more relaxation on that particular part, I wouldn't mind putting my measly ETH into this as a first-time ICO entrant. I'm certain I won't be the only one refraining just because of this single hurdle.

Nevertheless, retaining interest in this thread.

The funding is so lame, what is the minimum threshold of Mainstreet? Only 1305 ETH has been raised, the worst ETH investment project so far.

Like other said before, lack of bounties is the disadvantage, and you see the progress, funding is slow, nobody knows your project. Banning EU and US investors also kills your project.

You accept bitcoin besides other crypto for this MIT but why is bonus only shown for ETH?
1 ETH = 12 MIT
Week 1-2 (10%): 1 ETH = 13.3 MIT
Weeks 3-5 (5%): 1 ETH = 12.6
I know one can do conversion but same can be done for ETH if bonus is displayed in btc.

You accept bitcoin besides other crypto for this MIT but why is bonus only shown for ETH?
1 ETH = 12 MIT
Week 1-2 (10%): 1 ETH = 13.3 MIT
Weeks 3-5 (5%): 1 ETH = 12.6
I know one can do conversion but same can be done for ETH if bonus is displayed in btc.

You mean protect the project. US regulations are fucked up.

You can tell me is fucked up but when this project ended up being a scam and then you will remember that this fucking regulation indeed protect me from being scam. If the team can meet their target then I will say they have made the right decision but that I will wait and see

ETH received: 7646.012129870129871349 hhhmmm  ::)

The website only shows the figure of ETH invested, not BTC invested, so if I invest in BTC, my BTC will be automatically converted into ETH and displayed in ETH too, right?

Hello all,

We are the ICOrating Team,

We prepared an Investment Review of ‘Mainstreet Investment’ and assigned it a ‘Risky’ ranking in terms of investment attractiveness.

Read more in the report: http://icorating.com/project/35/Mainstreet-Investment

Say this to altcoinrich, he is the one complaining that he cannot invest. I was telling him it's because of regulation.

Sale halted? Any news?

Yes, they said tech issue, lmao, the scam is exposed and busted, people save the money from Charlie scammer. It is a happy thing.

I assumed as much when my question was ignored. They were taking half of the equity without puting any money up front and taking a 5% management fee. Glad no one lost anything in this.

This message was on their website:

"Intellisys Capital, general partner to Mainstreet Investment, LP, has halted Mainstreet’s digital-token sale due to technical issues. Invested funds have been returned to buyers without question. A revised sale plan will be announced at a future date. Thank you for your support and feedback. If you have any questions please contact hello@intellisys.ai"

Does anyone know the real reason why they have stopped the ICO and if they refunded all the funds?
Is here anyone who put money into this ICO and did not get a refund?

i think its pretty ovbious they couldnt get many investors, Charlie just dosent want it to make him look bad that his asking for money from us fell on its face. Which is funny as it speaks for itself. A guy with his history?, good luck.
Search around you will see he has seemingly decided to leech into other projects instead of try start his own, his name is mud
kinda amusing, who in cryptoland wanted a 20 year ROI? ;p

Plus just look at my post above yours.

This official twitter of Mainstreet Investment: https://twitter.com/MainStreetico ? Nothing activiti  ::)
And Slack channel http://slack.intellisys.ai can't access ::)

What happend?