"Rivaa exports ltd a leading textile import and export company based in surat ,(gujarat). India ,have under their diversification programme has planned to enter into field of fertilizers,
On 10th of july 2014 ,MR HARISH VIRMANI DIRECTOR of M/ S, RIVAA EXPORT LTD have signed contract of 25000 metric tonn of urea fertilizers with M/S, GREEN EARTH SYSTEMS , HK IMPORTATION. UREA IS THE WORLDS MOST WIDELY USED FERTILIZERS AND IS RESPONSIBLE FOR MORE THAN 50% of world food production.
"RIVAA SUPPORTS UROCOIN"
Is this post from Rivaa old or something everyone already knew about?
Yes this has been known since it was posted. This too as well with GES and Lakhani Enterprise from Pakistan https://www.linkedin.com/pub/aman-lakhani/66/b01/9b6Starting in August 2014. With the support of family business est. more than 30years ago, Lakhani Enterprise is now successfully importing urea into Pakistan, aid of Urocoin.That's the thing that just stands out at me. If this were a scam neither of those entities would go near this. If it were a scam and they did Nelish better move to Siberia because some very angry and wealthy people will want his head on a plate. This is why I don't think it's a scam, it's just too obvious to be a scam. Too many large entities involved and wayyy too much risk for Bohan and Nelish. It just doesn't add up to scam at all. Not to mention Bohans coding skills. Take syscoin for example. They gather 1500 btc (750,000 USD) for a non working (to this day) wallet. A team of so called experts, meanwhile Bohan is quietly working away at the next generation of cloud assisted Wallet software. No man, not a scam. Yes I agree, anyone who is willing to come forward for the altcurrency on video,emails, even willing to go on KEISER has to be real |
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Would we say that lies were told in the first forum about the relationship between GES and Vinny Pillay or with CCL? If GES owns 51% of "Grey Griffin Shipping Solutions" with Vinny Pillay then why was this stated on this forum https://bitcointalk.org/index.php?topic=600639.680Read posts 689 from "danonthehill" and 991 from "True-Asset" danonthehill Full Member *** Activity: 224 Re: [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer June 12, 2014, 01:20:37 PM #689 So just to be sure, there is no relationship between Dr. Vinny Pillay Managing Director, GES South Africa and the non listed South Africa NIER: CCL Pillay Group? And no relationship between Grey Griffin Shipping Solutions the South African Urea exporter run owned by Vinny Pillay, and the CCL Pillay Group? true-asset Member ** Activity: 112 Uro: 1 URO = 1 metric tonne of Urea N46 fertilizer Re: [ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer June 12, 2014, 01:40:58 PM #691 It has been confirmed Dr Vinny Pillay does have board membership on several companies. However there is no conflict of interest here - the NIERs operate in different regions of the world and/or serve different customers. This is even less of a problem now that we are talking about the sale of Urea at the same pricing (1 Uro per MT) - so there is no opportunity for fiat currency price fixing (e.g. a cartel of companies agreeing not to sell Urea less then $380 per MT - forcing the purchaser to pay a higher price). The GES board members, between them, are involved with over 25 different companies in over 10 countries. There is nothing valid? you keep digging a bigger hole for your self to be known as a FUD. Good luck Truthful (truthfull) |
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truthful (truthfull) nothing you are saying actual proves anything? this is my point.
You are showing that you haven't got a clue about anything if you can't join all the pieces of the puzzle together. What to say to truthful (truthfull) ? you have too many pieces of the puzzle missing... This one deserves to be posted more often  |
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truthful (truthfull) nothing you are saying actual proves anything? this is my point.
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He is the sole director of GES HK. Doesn't it matter to you that he would have no money to run this company??
He does not need money to run the company. The company has money to run itself. Nilesh does not equal the company. You are making Nilesh more important for the well-being of the company than he in fact might be. Do we know if and how many shares he owns in the company? We don't. We only know that the company pays his salary. So it might be that you are building your conspiracy theories around something that you don't know. Look at this. It will answer your questions. http://www.scribd.com/doc/235214148/PS300016750373-01-Annual-Financials-2013-AmendedWho owns the company? Who would be retaining the profits? Not hard to answer those questions from the document. No other shareholders. Yes, these documents were seen some time back, already? (this link also proves and confirms that Nair is not bankrupt) the main reason most companies in Hong Kong, Australia, USA, UK.....show no profits, To avoid paying large tax to Gov. or huge banking fees...(this is more reason why GES has moved to urocoin). Most of these companies are banking from Mauritius or Isle of Man ...This is very common as they do not show what the value of their company is and pay large tax bills (most serious traders in Altcurrency already understand this). This is quite normal practise. You asked, "Do we know if and how many shares he owns in the company? We don't. We only know that the company pays his salary." The document answers this question. Being the only shareholder and director the company's profits belong to? I'll let you answer that one. http://www.scribd.com/doc/235214148/PS300016750373-01-Annual-Financials-2013-AmendedHe is bankrupt, look at this http://www.docdroid.net/f94l/bankruptcy-search-1.pdf.htmlSo are you saying that GES AU and GES HK are scheming to avoid paying taxes and debts that they owe by shifting their funds or by getting into fake currencies. No wonder the altcurrency is riddled with scams! LOL Truthful, every international company has several bank account to pay less tax or over the top banking fees. This is norm. in the international business. so Nair is getting paid salary from HK GES. GREAT some things are Facts in the international business, as how large business operates. You are just a FUD you went on about this 3months ago, exactly the same info. It got you now where and you are doing it again. This is why you are a FUD |
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Thought I would add this little piece of info I dug up.
I stay in South Africa, I found a number for Vinesan Pillay of "Grey Griffin Shipping Solutions" in Durban, turns out they are importers of Urea and have Urea stockpiles here in South Africa, I was informed by Vinny that Grey Griffin is 51% owned by GES. Does this mean that they are also ratified to supply Urea as per the protocol?
thats good news that GES has been confirmed to have several importing companies around the would. |
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truthful did You not mention prior that "you were only doing the fud to buy in cheaper?"
YES he did say this on the last forum. |
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truthful did You not mention prior that "you were only doing the fud to buy in cheaper?"
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Here ONE question to all the internet detectivesFor now - Just forget about GES or Rivaa or any other company. We start with only IPL (Indian Government Body). Here is one ship Mega Star http://www.marinetraffic.com/en/ais/details/ships/9512202/vessel:MEGA_STAR/_:eadf3c1765fb2bf81175b7063305442f which carried Urea for IPL - confirmation here http://www.eepcindia.org/bulletin/b20140804/PORTS3116.pdfPlease take it as a challenge - Can you please find out : 1.Which Indian company/importer got this ship full of urea for IPL and 2.which exporter/company got this deal arranged for that Indian Importer from Iran. (don't worry about finding out which Iranian urea refinery it came from) Once you have 2 very simple answers to my 2 very simple questions, please come back and share your detective work with me. Looking forwards to hear from you soon. This shouldn't take very long. @BUMP The sad part in this age is - none of the spammers in this thread even touched it!!! Just whizzed passed as if it wasn't there. Come on peeps, show me what ya got. And if you don't have simple answer to this, please don't bother to spam here. Thanks Indian company is Rivaa, vessel is mega star stated it is carrying urea for india, IPL Port Iran company mobasherin - GES secures Iranian urea trading partnership with Mobasherin (1st June 2014) http://greenearthsystems.com.au/iranian-urea/https://twitter.com/UroFoundation/status/500273237066932227Is this the correct answer? |
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Announcements & Latest Developments First of all, Areds post was dead on. To those who have not read it, here : https://bitcointalk.org/index.php?topic=661885.msg8423852#msg8423852 READ IT! I cannot comment on it further other than it being perfectly said. I am starting to see a lot of responses from the community and seeing the same names pop up contributing to the growth and success of CannabisCoin. Amazing Community! Collaboration and contribution is how WE make things happen. We team together and everyone will contribute to the vision, movement, and the future of CannabisCoin as a whole. Pegging1 CANN = 1 GRAM of Medical Marijuana
vs
10 CANN = 1 GRAM of Medical Marijuana I would like to let the community know that the "Peg" will be officially announced before or by Sept. 1st, pending further discussion with "first gen" growers. Could be any day. GrowersWe have secured two supplemental growers with their own grow facilities and specialty medical marijuana strains! Some points were brought up during face to face discussions this past weekend. - For faster adoption, they (growers) would like to participate in the movement and provide their current crops/strains that they have already 'specialized' in and ADD it to the CANNdy Inventory. This would provide a few beneficial facts that we have agreed on. 1) it would speed things up, they would not have to wait for CannabisCoin specific "Canndy" clones or seeds to mature to add to harvest. 2) No immediate transporting or distribution of the CannabisCoin specific "Canndy" strains on large scale, but rather gradual distribution while other strains can be slated for CANN "peg" prices. 3) it would also create a sub menu and variety of discounted meds for patients to choose from. For example, adding another jar with "CANNdy" Main Label and then sub-labeled "L.A. Diesel Strain" etc. for that store. 4) Quicker adoption from other Dispensaries/Growers/Merchants 5) We could have "Canndy" meds on the shelves almost immediately! QT Wallet UpdatesWe will be releasing soon, a wallet update to patch a couple of small issues (non noticeable issues), update the halving schedule, and implement the windows installer again for ease of use. Mobile Web / HTML5 / QR Capable walletCurrently active project, looking at possible issues, building API, transaction handling, etc. We have a well-known dev in the community working on it. More updates coming!Lately, I have been busting balls, covered in cannabis resin from head to toe, endured Arizona monsoons, and many sleepless nights working to help make CannabisCoin a reality. It does not go without saying, that with the help and encouragement of the community, we CANN! YES WE CANN!!!  ~DeltaNine let's keep going! They gave us a answer... Great thanks |
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Cannabis is LIMITLESS!
The same goes for CannabisCoin's future.
~DeltaNine
Questions: I have asked this several times: what is the CANN peg to. This is a very serious question that needs answers to. there is no point buying CANN if you peg it to 1,000 CANN to = 1g  An indication must be given as what you are trying to achieve with CANN. Please answer the question. |
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1gram of Cannabis averaging around $20
so it will appear the 1Cann will = 1gm
Whoa, hold on now. $20 average? $8-12 is average per gram, anywhere charging $20 is absolutely ripping people off. Maybe east coast in places without medical laws it'd be like that but this is not the black market. There's a discount using cann so sayith the devs, so take that into account also. if 1cann=1g then 10-12$ is fair price for one cann I think welcome to Australia $20-$25 average |
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So in lamen terms you are saying there could possibly be a set price for cann in the future, am I right? I just did the math in my head and I think I'll sleep easy tonight.
1gram of Cannabis averaging around $20 so it will appear the 1Cann will = 1gm |
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I agree with the below comments. There are too many coins that actual claim to make transaction faster??? that actually serve no point. the crypto currency is a "currency", it must be backed by something to give stability, hence pegging to a quantity of marijuana. The marijuana industry is a multi million dollar industry in US and North America. It is growing faster around the world. http://www.theglobeandmail.com/report-on-business/high-hopes-investors-take-aim-at-canadas-marijuana-industry/article20085181/Some people are just not understanding the purpose of peg in the first place. This is what a peg will achieve: 1. Stability - No more wild fluctuations associated with many crypto currencies out there. 2. Value - Your CannabisCoin WILL definitely be worth more than it is now once the peg is announced. The less CannabisCoin required per gram, the more valuable your CannabisCoin, hence why 1 CannabisCoin per Gram is the best outcome! 3. Incentive - Assuming if you pay in cash per gram is US$17, the truth is, CannabisCoin will unlikely reach parity... So most likely a CannabisCoin will float at around US$10 to US$12 stable, the price discount will be significant enough to encourage even Non-Crypto users to learn and find out how to purchase CannabisCoin as a result. 4. Hoarding - Since there will be stability as a result of a peg, and because there is real exchange for goods (e.g. Cannabis, etc) of material value to a user especially if you are in need of Cannabis for medical reasons, many will choose to hoard and hold their CannabisCoin since the value supposedly won't drop by half overnight, as the exchange of 1 CannabisCoin per Gram still holds true, despite fluctuations in Bitcoin prices. Whereas, when comparing to other "faith-backed" coins out there, more often than not, unfortunately faith do die out over time... And as a result, the faith-backed coins you are holding will be devalued to zero. So this is where Cann Devs want to make a difference, NO MORE SHITCOINS! Only asset-backed coins like CannabisCoin will be for the long-term! https://bitcointalk.org/index.php?topic=661885.msg8423852#msg8423852"ared" |
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...snip...
Try to think of CannabisCoin like a Global Currency used mainly for exchanging of Cannabis Worldwide, provided merchants Worldwide hop on board. You can go to Europe and still use your CannabisCoin to exchange for Cannabis at an agreed rate of 1 CannabisCoin per Gram, the same rate you would get in the USA. You don't have to exchange your US$ to Euro to make your purchase.
I like to think that since the Cann Devs have the vision to embrace crypto right from the start for a new and quite possibly the fastest-growth industry, I am sure they have more uses and exciting plans for CannabisCoin ahead.
And for that reason, I'm ALL IN !!!
Hey Ared. Cheers for that post. I am not an economist, so not sure how correct you are, so maybe only time will tell. I do hope that CannabisCoin will be adopted worldwide, and I'd love personally to setup grows and/or dispensaries in AUS & NZ when the govts here finally decriminalizes the MJ. Although I suspect NZ will be 5+ years before Australia. If this all comes to pass, my concern would be the potential lack of supply of CannabisCoin. So, If CANN were to be pegged to a gram, I think 1:1 would be the way to go. Interesting Read http://www.leafscience.com/2014/06/26/10-countries-smoke-marijuana/Edited to add: While I'm not quite 'all in', CANN is the largest portion of my modest crypto portfolio. +1 |
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Spoke with DeltaNine today and he should be back after 3pm MST.
He briefly mentioned about meeting with growers and their thoughts and would like to discuss it with the team and community!
He also mentioned we have other Growers ON BOARD! Thats good news |
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lol without FUD there would be no action in this thread.
Where are all the URO buyers.... URO supporters???
Nice Try with the price bump, pitty it bounced back so quick to 11..........
BTC is below $500 ...uro is $0.60 yes good point, it is great to buy |
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Here ONE question to all the internet detectivesFor now - Just forget about GES or Rivaa or any other company. We start with only IPL (Indian Government Body). Here is one ship Mega Star http://www.marinetraffic.com/en/ais/details/ships/9512202/vessel:MEGA_STAR/_:eadf3c1765fb2bf81175b7063305442f which carried Urea for IPL - confirmation here http://www.eepcindia.org/bulletin/b20140804/PORTS3116.pdfPlease take it as a challenge - Can you please find out : 1.Which Indian company/importer got this ship full of urea for IPL and 2.which exporter/company got this deal arranged for that Indian Importer from Iran. (don't worry about finding out which Iranian urea refinery it came from) Once you have 2 very simple answers to my 2 very simple questions, please come back and share your detective work with me. Looking forwards to hear from you soon. This shouldn't take very long. @BUMP The sad part in this age is - none of the spammers in this thread even touched it!!! Just whizzed passed as if it wasn't there. Come on peeps, show me what ya got. And if you don't have simple answer to this, please don't bother to spam here. Thanks Indian company is Rivaa, vessel is mega star stated it is carrying urea for india, IPL Port Iran company mobasherin - GES secures Iranian urea trading partnership with Mobasherin (1st June 2014) http://greenearthsystems.com.au/iranian-urea/https://twitter.com/UroFoundation/status/500273237066932227 |
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