I kind of hope that he's spewing this same kind of bullshit to his parents in real life.

His claims that eating and sleeping aren't necessary might just be a tiny clue to the fact that he's not exactly rational at the moment (even by dank standards).

I'm waiting for him to start spewing bretharian bullshit about how he can live on light alone but chooses not to because his spirit wants to experience the foods of the 3 dimensional world.

Yep, tripping balls.

There's not much a lawyer can do at this point.  $1600 is small claims territory and it's under the threshold for issuing a statutory demand (which is the starting point for forcing a company into liquidation).  If they are insolvent, then any legal action against them would be stayed if the company is wound up in insolvency - only secured creditors really benefit from involving lawyers in insolvency proceedings.  

It's possible for KenseyCol to be solvent even if CryptoXchange is losing money.  It's not clear at the moment whether or not CryptoXchange is the only KenseyCol enterprise which is being shut down.

While it's definitely worth anyone owed more than $2000 considering issuing a statutory demand if CryptoXchange doesn't start returning funds as promised over the next two weeks, it's probably not worth initiating that process just yet (it has to be done just right and you need to be willing to follow through if payment isn't forthcoming - which means you need to be willing to spend the money to force the company into liquidation).

I know that Ken has serious health issues which may have affected his capacity to keep on top of the business and that people were advising him to either shut down or sell the business months ago for the sake of his health.

Fraud attempts may also have factored into the profitability of the exchange.  They didn't have a large volume anyway and you don't have to lose much to fraud for the effects to be catastrophic when you're new and small.

As they're operated by a company, I'd expect them to go through formal insolvency processes for their own protection if they are indeed broke - which would be a matter of public record.  This may well be more a case of them believing that the writing is on the wall and deciding to get out before insolvency becomes inevitable.

Sounds more like plain old garden variety tripping balls.  The whole feeling omniscient, "seeing" with your mind, awe and wonder at the "interconnectedness of all things" shit is pretty standard effects of psychedelics and dissociatives.

Bwahahahaha.  You have much to learn Grasshopper.

You should probably go spend some time on Bluelight before you further embarrass yourself with your ignorant statements about mind-altering substances.

I'm not sure that potential lenders are going to see this in Off-topic.  Maybe you should post it in the forums where you normally seek loans.  You should probably see about getting the gambling services to ban your account, too.

I'm sure the US has assistance available for problem gamblers.  I'd highly recommend seeking help.

Nah, dank's destiny is to join a cult.  He's got all the attributes of a future cult member.

He's gonna make some interesting posts when he has a bad trip.

It sounds more like you've found research chemicals.

Am I reading that right?  Did he rate them all on the same day within 10 minutes?

People can do whatever they want as long as they're willing to live with the consequences.  Why don't you ask Roger Ver about how ignoring rules which you don't believe should exist turned out for him.  Or Sonny Vleisides.  dank's "all you need is love" bullshit might be annoying as shit, but nobody wants to see him make bad choices which could haunt the rest of his life just because he's a naive, idealistic teenager who thinks he has all the answers to life, the Universe and everything and thinks he's invincible.

For the record, I think that the US has some insanely stupid laws with regard to many things and that the penalties for breaking many of those laws are ludicrous.  That reality makes being cautious about which laws you choose to break even more advisable because trivial things can bite you in the ass in a big way.

Yep.  Google translate's not perfect but it's usually good enough to convey basic meaning.

You've got a registration date of 8 November this year.  It's a little early to consider yourself part of "we", let alone presume to speak for anyone but yourself.

But hey, feel perfectly free to add me to your ignore list.  I'm not going to follow your flowchart.  Neither are you, apparently.


Flowchart.

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

I've seen more coherent posts from people on research chemical benders.

5)  Is back hawking a new business venture in this community despite there being unresolved issues surrounding his past ventures.  If the point of the scammer tag is to warn people against dealing with those who have an unsatisfactory record when it comes to meeting their obligations, then this is exactly the kind of situation in which it can be useful.

At this point they should be taking control of Bitcoinica's records and assets.

The liquidators must issue the first report to creditors within 25 business days of the company being put into liquidation - so by 6 December 2012 (I can't recall if NZ has had any public holidays in the last few weeks).  The first report to creditors usually has a claim form attached, advises the date by which claims must be lodged and gives information about how to contact the liquidator.

Here's an example of what a first report looks like (prepared by a different liquidator than the company which is handling the Bitcoinica liquidation but the basic requirements are essentially the same).

http://www.mvp.co.nz/media/reports/Active+Heating+Products+and+Services+Limited+(In+Liquidation)/first%20report.pdf

The liquidators should definitely be responding to contact from creditors, even if it's only a formula response saying when the creditors report will be issued and the date by which claims must be lodged.  If they aren't responding, I would keep a record of all attempts to contact them and I would probably contact them again specifically requesting a claim form and information about the cut-off date for claims.  "We'll get this information to all creditors by the first week of December" would be a reasonable response, but no response at all is simply unacceptable.

Sounds like a variation on Freemen on the Land and Sovereign Citizen bullshit.

http://en.wikipedia.org/wiki/Freemen_on_the_land

This particular judgement is well worth reading if you want to understand why such claims have no legal validity whatsoever.

http://canlii.org/en/ab/abqb/doc/2012/2012abqb571/2012abqb571.html

If you fall from a 20th storey window you're going to go splat, even if your internal reality tells you that you can fly - gravity has an objective existence which isn't overcome by your beliefs, altered perceptions or delusions.  It's not "created in your head".

You should really read up on cults and mass delusions.

By the way, to be internally consistent you would need to hold the viewpoint that emotions - including love - are also just illusions not that "love conquers all".