A later version of there contract here


"Ticker   COIN
Name   Coinex-IO Inc
Listed on   February 17, 2014 22:33
Owner   info@coinex.io
Fee surcharge [%]   0.2%
Shares issued   50,000
Shares held publicly   227
Total dividends paid   0.0 BTC
Web page   http://coinex.io
Security type    Shares
Rating   White
Description:   
Coinex-IO Inc (Coinex.IO)
Making the electronic currency industry accessible and profitable for everyone.


OVERVIEW

What was once a profitable experiment is now a resourceful project.

Coinex.IO is an electronic currency company with an aim is to provide stable trade and investment opportunity in a volatile marketplace.

We've supported our first round of mining payouts, and we are now focused on building out private user account access, market analytics, an exchange for "shares" of hosted mining hardware, and the next generation of mining machine.

Our hardware+net “shares" uniquely increase in value over time to combat the effects of depreciation, and other significant bearish influences, in accordance with Moore's Law. This fixed rate of increase lasts only as long as it is sustainable; after which, a best-effort attempt is made.

If its electronic and touted as a currency, we want to know about it and find innovative and profitable ways to automate, monetize, and deliver newly developed strategies to our customers in the form of clean, lawful, and user-friendly commercial services.


THE TEAM

Coinex.IO's President and CEO has more than fourteen years experience in both software engineering and business administration. He has worked on several artificial intelligence projects requiring machine learning algorithm development and implementation. Machine learning is a very necessary part of the company’s automation strategy.

Heading up project management is our engineering partner.

Heading up datacenter and facilities development is our core datacenter partner.

As a company, Coinex.IO works in the fields of financial services, cloud hosting, big data storage, e-currency clearing, e-currency systems design, systems programming, e-currency exchange trading, money transmission, electronics engineering, and computer automation.


PARTNERS

Coinex.IO prefers partnership with local companies to provide the best possible pricing in the electronic currency industry.

Coinex.IO has partnered with a local firm offering software engineering, marketing, design, automation, systems development, technical infrastructure development, software deployment, and electronics engineering services. 

Coinex.IO has also partnered with two local datacenters offering solutions for electricity, cooling, and specialized facility storage.

Development Firm: ***
Progressive Datacenter: *** (Coinex.IO Operated)
Core Datacenter: ***


TRADEMARKS

Coinex.IO           Coinex-IO
Coinex.IO LLC   Coinex-IO LLC
Coinex.IO Inc     Coinex-IO Inc 


GOVERNMENT COMPLIANCE

Coinex.IO is currently FinCEN compliant but has paperwork to complete by April 30 in order to remain in compliance.

Coinex.IO is working towards compliance as a money transmitter business within its governing state as quickly as is reasonably possible.

Coinex.IO is preparing documentation as required by the SEC prior to a transfer of private fee shares from Coinex.IO LLC to corporate common stock in Coinex.IO Inc. The completion and acceptance of this documentation will allow the company to trade securities of common stock in accordance with federal regulation.

Coinex.IO Inc has been assigned an employer identification number and has been registered with the State of Washington to change the company formation from LLC to Inc. as a C-Class Corporation.


PUBLIC PRESENCE

When we initially began branding our own company, things had to be done very quickly. We were much more focused on code than looks. The end result is what can now be seen online in phase I at http://coinex.io. There’s not much there.

QUICK WITH ACCIDENTAL FLARE

The logo came out as seen in the following figure. It’s not the best, but it worked for the initial release. The piece of flare seen in the stroke the swishes slightly into the larger outer circle was actually caused by a glitch in the design program being used at the time. We went with it.

As soon as we had an opportunity to play with different ideas, we took advantage of it and began looking ahead to future phases where new design and branding could be successfully implemented.

http://coinex.io/images/publications/cryptostocks/2014-02-20/oldlogo.png

SOMETHING NEW

In the following figure, you’ll notice the fruits of that patience. We brought our engineering and design partner in to begin rebranding and working to take our little company to the next level from technological, Internet marketing, and interactive design standpoints.

http://coinex.io/images/publications/cryptostocks/2014-02-20/newwork.png

This design will be making its debut in the streets of Seattle next week to raise awareness on one of the world’s thickest business cards. The newly branded design was briefly introduced on the Coinex.IO Facebook page earlier this week in an attempt to get customers excited for the new upcoming site launch.

Great design like this puts the right face with our name. We’re proud to be an electronic currency company.

The new site is scheduled for launch March 1st, 2014.


PROJECT PHASES

The timeline above represents the ten phases of the Coinex.IO project that have been discovered to date. Phase I is complete and currently live at http://coinex.io. Unfortunately, it’s more of an iceberg when looking through that basic and shallow interface. Full details on Phase I can be found on the following page.

Phases II, III, and IV are in progress. Phases II and III are scheduled for delivery on March 1st, 2014. Phase IV is scheduled to be delivered April 1st, 2014.

It’s understood that this is a very aggressive timeline, but it’s manageable. Amidst the competition, we’re better for the short-term rush and long-term gains. Our engineering design and dev partner is instrumental in helping us achieve this goal.


THE MINE - PHASE I (RELEASED JAN 13, 2014)

Following more than 200 electronic currencies, we have a cluster of sharply aware servers that monitor fluctuations to the second -- or as often as exchange API's will allow. Our system automatically directs mining machines to the top 5 most profitable currencies with a 5% effort against currencies that are not yet exchange traded or have low-yield to cover a small margin of chance.

We provide stability by offsetting volatile markets through high-volume wall-backed — low value — electronic commodities, holding large sums of many currencies with the greatest differences of exchange rate, and by holding a “chance margin” in 5% unlisted commodities. Eventually, currency reserves will be able to control exchange rates against Bitcoin on multiple international marketplaces by injecting currency and trading volume to control levels of supply and demand, thus controlling the rate of exchange.

The majority of electronic currencies mined use more complex proof-of-work (POW) algorithms. Making up the large majority of these are Scrypt-based currencies. The Coinex.IO platform rarely chooses any SHA-based currencies to mine against. By working more with complex currencies at varying levels of difficulty, many of Bitcoin's mining volatility issues are inherently resolved.

Every time a customer makes a purchase, their purchase allows the company to expand 150% on the cost of goods sold.  When a customer decides to get their money back out of the system, they will either sell on our hardware+net share exchange (not yet implemented) or request buyback from Coinex.IO.

The Coinex.IO platform makes informed electronic currency (virtual commodity) trades automatically through the most profitable exchange possible in any given month of service taking into account any loss incurred from exchange and transfer fees. Profits are returned to Coinex.IO and its customers by percentage of ownership in the mine after passively paying Coinex.IO for costs of maintenance, housing, and power.

Coinex.IO maintains a 36% stake in its own mining operations.  This provides liquidity and a sizable profit for reinvestment.

CHANCE HOLDINGS

Coinex.IO follows more than 200 electronic currencies including several not yet listed on any exchange. Our most recent addition was Olympic Coin for which we now hold a stockpiled reserve. 5% of our efforts are dedicated to stockpiles of diversified electronic currencies within a range of chance and acceptable risk. This calculation is provided as a service of the Advanced Auto-Exchange.

ADVANCED AUTO-EXCHANGE

Sophisticated computers, capable of exchanging more than a hundred of the currencies Coinex.IO follows, are a part of the existing Coinex.IO platform and infrastructure. These computers watch the market for trends and apply a series of proven pattern matching and risk analysis algorithms to make informed trade decisions that tend to add roughly 19% to the bottom line.

The primary goal of the auto-exchange is to determine the most profitable path from commodity production to legal tender. This systems secondary goal is to provide analysis and exchange service for commodities in holding, which are often electronic commodities not yet listed on surveyed exchanges.

By tracking sentiment through various news outlets, forums, and social networks, the system assigns perceived value to commodities in holding whether they are currently exchanged or not.


SECURE ACCOUNT ACCESS - PHASE II (MARCH 1, 2014)

Currently, Coinex.IO customers view an all-encompasing dashboard available on the home page at http://coinex.io. We have engineered, and are in the beta testing phase, of our secure account profile service. This service introduces a method for secure login and access of private account details unique to each customer.

This phase also introduces a new publicly facing website, which provides user-friendly details of the mining service (The Mine) provided by Coinex.IO. In the future, this publicly facing website will include user-friendly details of any new product or service offerings.


SECURE PAYMENT - PHASE III (MARCH 1, 2014)

Currently, Coinex.IO customers pay online after receiving an invoice via e-mail. We have engineered, and are in the beta testing phase, of our secure payment service. This service introduces a method for prospective customers to create a Coinex.IO account and purchase services online without the need for interaction with Coinex.IO personnel.


HARDWARE+NET SHARE EXCHANGE - PHASE IV (APRIL 1, 2014)

As soon as private user accounts come online (due March 01, 2014), we turn our attention to the development and implementation of a new Hardware+Net Share Exchange. We will take CEX.IO's place and improve on their model where they failed by providing hardware+net shares that increase in power over time as hardware becomes less expensive and performs more efficiently.


THE PLATFORM - PHASE V (MAY 1, 2014)

This is the most exciting phase for Coinex.IO. The Platform is a scalable multi-tier architecture providing pluggable endpoints for fast and effective transactional communication. Using common API technologies that software engineers are very familiar with, we plan to extend our reach vastly by cleaning up the API we built as a foundation to our initial and future phases. Once pristine and perfected with better than bank level security, we will release our API to the world in the form of JSON web services and detailed documentation.


E-CURRENCY MARKETPLACE - PHASE VI (MAY 15, 2014)

Using core technology set beneath the Hardware+Net share exchange, we build a marketplace where registered users are able to buy and sell electronic currencies. The electronic currencies we will list include all that we mine; that’s more than 200 currencies at the launch of this phase.


HASH GATEWAY - PHASE VII (JUNE 1, 2014)

Much in the way CEX.IO did for Bitcoin, we will open a multi-coin pool that users will be allowed to join. When adding any worker (computer host node) to the pool, that worker is keyed to the user’s account and adds to a separate bank of hashing power. This will allow our users to mine everything we do without the complexity of setting up all the different types of coins, algorithm support, and server hardware.


HARDWARE+NET SHARE EXCHANGE - PHASE VIII (JUNE 15, 2014)

As soon as private user accounts come online (due March 01, 2014), we turn our attention to the development and implementation of a new Hardware+Net Share Exchange. We will take CEX.IO's place and improve on their model by providing non-depreciating hardware+net shares where CEX.IO failed. Coinex.IO H+N shares increase in power over time as hardware becomes less expensive and performs more efficiently in accordance with Moore's Law.


HASH TAP - PHASE IX (JULY 1, 2014)

Coinex.IO will provide the platform that 3rd-party mine hosts will use to rent their hashing power at fair market value.  The platform will provide a clean and easy-to-use interface for both providers and renters. Renters will be able to direct mining efforts as they see fit.

The platform will regularly verify provider hashing rates, availability, and reliability, which will allow mining hosts to rent their hashing power in a separate market within the same Coinex.IO platform. Users will be able to easily choose whether to have their rented miner work through Coinex.IO's platform or select their own mining pool from a validated list for security and ease of use. 

Coinex.IO will use this platform to rent 20% of mining resources acquired 1 month prior to the launch of this service, which will not be sold and will be maintained in anticipation of this service's launch date. This is in addition to the 36% stake Coinex.IO holds of The Mine up to release of the Hash Tap service. Coinex.IO will allocate 20% of new hardware to this platform thereafter.

The acquisition and registration processes have already begun for resources relating to this future service offering.


PHASE X

Phase X will open a brand of business services with the launch of an e-currency industry-friendly payment processor and electronic currency clearing house.  Both services will be combined in a single offering, which will be known to customers as "Clearing House", a branded service offering by Coinex.IO.

Clearing House will maintain a stockpiled and diversified reserve of several hundreds of electronic currencies, offering them in exchange for legal tender.  Legal tender will be accepted via e-check, debit card, or credit card in addition to any of the Clearing House's electronic currencies.  Merchants and financial services companies will be allowed, after approved validation, to transact volume quickly and efficiently with minimal service fees.

Coinex.IO deeply believes that this level of service offering will be the bridge between paper/coin currencies and electronic commodities until the latter are more widespread and generally acceptable forms of payment.


SERVICE POTENTIAL

Coinex.IO's contract mining service will not be the only service offered by Coinex.IO as seen in the above phase descriptions. Coinex.IO will be the center of an expanding family of platforms and service offerings providing convenient platforms for merchants, exchange trading, financial clearing, mining operations, and other services aligned with the company's primary objective to make the electronic currency industry more profitable and accessible for everyone.

The Coinex.IO platform is currently planned through nine total project phases. As of yet, we have seen the total and successful completion and implementation of Phase I. Phases II and III are closely following. All phases introduce or open doors for new methods of capitalizing on the electronic currency industry from within the ever expanding reach of the Coinex.IO platform.


GROWTH STRATEGY

Coinex.IO uses revitalized funds from customer purchases of hardware+net shares to buy into new eras of technology as a company. This is necessary to make ongoing research and development possible while simultaneously adding resources to the Coinex.IO platform's pool of service offerings.

The company is working in the science of field programmable gate arrays and application-specific integrated circuits, which are already opening doors to new opportunity for the development and acquisition of mining machines requiring less electricity and providing more mining power per expense dollar.  This process has already proven to be instrumental in the development and implementation of Coinex.IO's ongoing infrastructural improvements in the class of those already delivering value to Coinex.IO customers.

COST CUTTING

Built into The Mine’s system of corporate earnings is an incentivized process for reducing overhead costs for both Coinex.IO and their customer. When costs diminish and profit improves, the maintenance fee increases at a rate of 10% of profits. Insurance coverage is taken out of this amount to deduce corporate profits from maintenance fees. Therefor, it is imperative that Coinex.IO reduce costs as much as possible.

To reduce costs, Coinex.IO will focus on two key components: reducing electricity costs and consumption per unit of compute work, and reducing the physical amount of space required for each mining unit. By investing in ASCI and FPGA technology, we can achieve both in the long-term. In the short-term, we continue to improve on existing methods as often as possible.

Each time Coinex.IO begins work on the next phase of equipment and strategy development, the company seeks to improve on products and services previously offered. In addition, the company finds innovative ways to allow loyal customers to profit from new development. To prove commitment to the strategy, Coinex.IO's most recent hardware addition to The Mine added 10% efficiency, lowered power consumption by 8%, and lowered the price per volt-amp of power by 11%.

Fund raising will help kick off the remaining phases in the project. Significant effort has been put forward toward phases II and III, but our budget is right on the edge.

36% of the mine is maintained for Coinex.IO, but there’s only a 33% margin on mining hardware sales. The remaining 3% is dependent upon revenues from The Mine in order to allow us to move up to the next step. So far, revenues on The Mine are approximately 14%
The remaining 11% goes toward paying for engineering talent, datacenter fees, and in-house research and development.

CONTRACTORS

Coinex.IO is an entirely automated company. All core engineers are therefor being hired as contractors to allow for long-term gain. Coinex.IO expects to hire within the next 1-2 years for a very small staff who will add long-term value to the company.

THINK TANK

Currently, Coinex.IO consists of 10 project phases.  Phase I is complete.  Phases II and III are scheduled for launch on March 1st, 2014.  By brainstorming, and considering all possibilities, we introduce new phases to the project plan that take unique advantage of technical aspects of electronic currency to make the most profit possible in a relatively stable context.

We also produce methods for lowering costs, decreasing amounts of work required to reach an end goal, and invent or apply superior software development and electronics engineering methods to existing systems to get the most out of every unit of automated work.


PROFIT

Coinex.IO seeks profit from multiple perspectives in every phase of the project.
Profits for Coinex.IO are primarily introduced by the 36% minimum hardware+net share reserve maintain by the company.

Coinex.IO seeks profits on passive fees charged for the service of hardware+net share maintenance, which is passively and visibly charged to customers.

Future phases each come with new profit strategies. In Phase II, private account information will encourage customers to buy. Phase III provides a zero-personal-interaction method for making purchases. In phase IV, Coinex.IO profits from exchange fees. Phase IX provides revenue in both a trickle-down intrasystem effect and a percentage based fee for platform services on the provider side.


SOCIAL NETWORKING

You can get the latest news and updates for Coinex.IO on the following networks:
Twitter: https://twitter.com/coinexio Facebook: https://facebook.com/coinexio
Investors may also check our website at: http://coinex.io


CORPORATE STRUCTURE

Units offered: 10,000
Units reserved for alternate exchange: 10,000 Units privately held: 30,000 Total units: 50,000
Offering price: 0.02 BTC
Total BTC to be raised: 200 BTC
Total company valuation: 1000 BTC

Each share represents 1/50,000th of the total profits of Coinex.IO.

An additional 5,000 share public offering may be sold on CryptoStocks.com at a later date.

INITIAL FUND ALLOCATION

140 BTC of the initial funds will be kept in our bitcoin reserve, used to pay for improved mining hardware, ongoing project development, employee wages, taxes, and as funding to cover ongoing research costs. 30 BTC will be applied to other investment options on CryptoStocks.com to further stabilize the position of Coinex.IO. The final 30 BTC will go towards paying any costs incurred as a result of working through CryptoStocks.com; any remaining funds will be redirected to the bitcoin reserve.


PUBLIC OFFERING

To face competitive conditions and decrease time to complete development of project phases, Coinex.IO is offering 10,000 of 50,000 dividend-yielding common shares (ticker symbol COIN) at a price of 0.02 BTC per share.

Coinex.IO common shares will be offered and administered on the CryptoStocks.com exchange and one secondary exchange. Each share represents 0.002% of all profits belonging to Coinex.IO. This does not include profits held on behalf of any other person, group of persons, or entity. Up to 80% of the company’s total profits will be paid in monthly dividends to investors. The other 20% will be reinvested in the company.

The first dividend payout on common shares will be issued March 1st, 2014 and once each month thereafter for the life of Coinex.IO and for as long as Coinex.IO hold profits for itself above 20% of total costs."

Coinex.io just spammed down the announcement section at cryptostocks and removed all tracks of what they said and promised in the contract and announcements there.

They even removed there webpage reference on cryptostocks, i dont understand why CS allow issuer to remove that as it's required to match there emailadress when they list a stock there. here is there full contract/listing from cryptostocks in case anyone needs it.

===============================================
"Ticker                       COIN
Name                         Coinex.IO, Payouts March 2
Listed on                    February 17, 2014 21:33
Owner                        info@coinex.io
Fee surcharge [%]        0.2%
Shares issued              50,000
Shares held publicly      1
Total dividends paid      0.0 BTC
Web page                   http://coinex.io
Security type              Shares
Rating                        White
Description:   

March 2, 2014 is our first payout; once every month from then after.

Coinex.IO is Seattle's electronic currency company, and our aim is to provide stable trade and investment opportunity in a volatile marketplace. We've supported our first round of mining payouts, and we are now focused on building out private user account access, market analytics, and an exchange for "shares" of hosted mining hardware.  Our hardware+net "shares" increase in value over time to combat the effects of inflation and other significant bearish influences.

If it has to do with electronic currency, we want to know about it and find innovative and profitable ways to monetize it and deliver that monetization strategy to our customers in a clean and user-friendly manner.

EXCHANGE - as soon as private user accounts come online (due March 01, 2014), we turn our attention to our new exchange. We will take CEX.IO's place and improve on their model where they failed by providing hardware+net shares that increase in power over time as hardware becomes less expensive and performs more efficiently. We will also excel where they did not by allowing other mining hosts to verify their hashing rates, availability, and reliability through our automated platform which will then allow mining hosts to rent their hashing power in a separate market within the same Coinex.IO platform; users will be able to easily choose whether to have their rented miner work through Coinex.IO's platform or select their own mining pool from a validated list for ease of use.

MINE - following hundreds of electronic currencies, we have a cluster of sharply aware servers that monitor fluctuations to the second -- or as often as exchange API's will allow. Our system makes informed trades automatically through the most profitable exchange and accounts for loss in transfer fees and elsewhere.

HOLDINGS - we follow more than 200 electronic currencies including several not yet listed on any exchange. Our most recent addition was Olympic Coin for which we now hold a stockpiled reserve. 5% of our efforts are dedicated to stockpiles of diversified electronic currencies.

AUTOTRADING - we maintain sophisticated bots capable of exchanging more than a hundred of the currencies the Coinex.IO platform follows. These bots watch the market day and night for trends, execute a series of proven pattern matching and risk analysis algorithms, and make informed trades that tend to add 19% to our bottom line.

FUTURE DISRUPTION - our platform will be opening up in April to provide a great deal of functionality set out in 9 total project phases. As of yet, we have arrived beyond the completion of Phase I. All phases introduce a new method of capitalizing on the electronic currency industry from within the ever expanding Coinex.IO platform.

On the day before this offering, we sold 35 hardware+net mining "shares" at $100 each. Round 2 hardware+net shares have just begun as our ongoing production offering and currently sell at a cost of $150 each. We opened sales for these "shares", closed Round 1 to future customers, and have already sold 5 Round 2 hardware+net "shares".

To make ongoing research and development possible in the science of field programmable gate arrays and application specific integrated circuits, which have already proven to be helpful in lowering our power costs, we use funds from customer purchases of hardware+net shares to buy into new eras of technology as a company.  Each time we work on the next phase of equipment and strategy, we seek to improve.  So far, we’ve added value every single time.  Our last purchase added 10% efficiency, lowered power consumption by 8%, and lowered our facility price per amp of power by 11%.

Our profit comes primarily from the minimum of 36% hardware+net shares we maintain for the company and do not sell.  We also make profit on passive fees charged for maintenance of the hardware owned by our customers.  After that, it comes from transaction fees that will be picked from hardware+net trading and other transactional services coming in phases that funds from this initial public offering will support.

We are in a highly competitive industry, but we’re the best at monetizing it. To face this condition, Coinex.IO is offering 10,000 of 50,000 dividend-yielding fee shares (ticker symbol COIN) at a price of 0.02 BTC per share during an initial offering scheduled to begin 17 February 2014. Coinex.IO fee shares will be offered and administered on the cryptostocks.com exchange. Each share represents 0.002% of all maintenance fees and mining revenue from company owned equipment (36% of total). For example, if Coinex.IO collects 10 BTC mining revenue from its own 36% of the mining operation and collects maintenance fees of 2 BTC, each share would receive 0.00024 BTC for combined profits from mining and maintenance fees. Therefore, if you were to own the total public shares (10,000), you would both earn 20% of the entire net revenue of the Coinex.IO-owned portion of the mining operation and 20% of all maintenance fees, and hold the value of those shares as an asset which can be sold back to the market. The first payout will be issued March 1, 2014; once every month from then after.

There will be a second offering of 10,000 shares which will be sold at a price of 0.2 BTC.
Only 20,000 shares are being offered, so be an early adopter and be sure to get your shares at the 0.02 BTC rate.

You can follow Coinex.IO on Twitter at https://twitter.com/coinexio for the latest news.

As a potential investor it is wise to consult with a financial advisor."
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This is what they wrote here on bitcointalk in case they intend to remove that to.
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MtGox är extremt osäkert i dagsläget att köpa btc på, jag rekommenderar inte att ni andvänder dem, har avrått folk i nästan ett år nu från att andvända dem. Deras historia sedan april-maj 2013 efter usgov konfiskerade ett antal miljoner dollar för dem har varit allt annat än bra. De har fördröjt uttag av fiat med månader eller inte alls skicka folk deras pengar och sedan ett antal månader tillbaka har folk även haft problem att få ut sina btc från gox med.

Gox kräver numera att alla kunder är verifierade(inte bara dem från usa) för att kunna trada(eller i vart fall få ut pengar därifrån) där och kanske om ni har en väldig tur få ut edra btc eller fiat därifrån någon gång i framtiden så krävs att ni skickar in alla dockument som de begär, verifikation av ID, adress osv annars komer de garanterat aldrig skicka edra pengar eller btc ut därifrån.

Om ni vill ta en chans att komma över några billiga btc så är det mycket säkrare att ta en chans och lägga in en låg köporder på någon annan stor seriösare sajt istället som btc-e eller bitstamp eller ta en titt på listan med btcexchages https://en.bitcoin.it/wiki/Buying_bitcoins och välj den som passar er. Den svenska exchangen kapiton(som fungerade bra för något år sedan) skall ni nog undvika för tillfället, ge dem ett par månader och se om de är seriösa eller inte, måste varit dem tidningarna skrev om för några veckor sedan även om jag inte såg någon tidning nämna dem vid namn.
Btc-e hade också en väldigt djup drop när någon paniksålde där när gox började droppa i pris så hadde ni haft en köporder uppe där för en vecka sedan på 110 usd per coin till exempel hade den bilvit fylld, tja i vart fall om den var liten, under 15 000 btc eller så.

The fact that they have made no further statement after the 17 feb and payed no more dividend sure makes it look bad for those unlucky who put btc's into this thing.

Activemining is not delisted, there still listed on on cryptostocks https://cryptostocks.com/securities/56 and they have relisted on crypto-trade(762 175 out of  25 000 000 shares on the market there so far), https://www.crypto-trade.com/tradex/ipo/amc_btc at CT they last traded at 0,0006(ken's illeagal forsed selling of ukyos/ukyo loan shareholders/weexchange balanceholders shares) and at CS last price was 0,001 but that price is hardly significant as there only 8 789 stocks listed on CS and i think ACM's plan is to transfer peoples stock from platforms that closed down to CT.
Labcoin on the other hand that you have listed as defunct on CS is delisted https://cryptostocks.com/securities/53.

No your not the first in the industry, you have/had localbitcoins, probably a few BTC-ATM's by now in the usa(at least they pop up in many other countrys) bitinstant, btcquick, CampBX, coinbase, and many other exchanges around the world like bitstamp, btc-e, mtgox(2011-201304?) that also serve us customers in various ways over the years.

So as far as i understand your about to start an exchange fiat<->BTC in the (Washington?) DC area. Is Washington one of the 5 states that you don't require a license to be a money transmitter as you choose to start up there or do they require a license and in that case how big volumes do your company have to be up to before you can even apply for a  license there, and what is the licensing cost in the states you aim to start in, i think there was an estimate of something like 1-2 million usd cost just to get licenses for all 43 states that needs licensing so around 30 000 usd per state you like to have customers from/in.


It looks like you have missed a lot of things thats been happening the last year in the btcworld if you claim the buy/sell of btc is unregulated and that KYC and such don't apply to bitcoinexchanges.
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Mtgox have had many million usd confiscated for an unknown time by the usgov(even thou google and a lot of other big us companys break the same laws and usgov don't mess with them), it may take them a year or two more until they get there money back.

USgov has made it so  BTC-TC/ltcglobal and Bitfunder exchanges (btc and ltc currency only) had to close down.

Cryptsy still havent started to accept USD deposits/withdrawals for a single state yet(as far as i know) even thou they should have applied for there licensing in the first states many months ago.

bitinstant closed down

btcquick can't accept us costomers anymore.

Multipool had to buy back there shares as they were not in compliant with SEC rules

And basically every btcexchange(may be a few exceptions left) around the globe seems to have been pressured by the usgov to introduce KYC/AML, in some country's the rules introduced by the exchanges is even breaking local laws to please the usgov.
==================

So i would say that it looks rather like the usgov is putting more pressure on btcbusiness than normal ones, not the other way around.

How do you mean that your company should be an exception and not be forced to follow all regulations other btc-companys in the usa have to follow,  register a proper company, SEC, FINCEN, licensing as money transmittor, KYC....

In almost any country in the world except the usa it would probably be possible to start up such thing pretty easy, but in usa it's just to high fees and to many obsticals for small actors, things looks to be setup for the big company's and the money elite there.

coinex i don't know anything about so i don't know about that one, CCC and Cryptsy is probably reputable as far as one can tell with the available information.

There is some other old stocks thats legit to, i would say GMP/MGMP/ECA(no ide how ECA is supposed to work thou) for example.
Same person behind those 3, GMP was the first stock that was listed on Cryptostocks MGMP is basically about 1/100 of a GMP stock, they have advanced verification, so you know who's behind them.
They had some problems with Avalon not honoring the upgrade deals from FPGA's to Avalon ASIC miners for reduced price.
GMP sent in there FPGAs but was never allowed to buy any ASICs from Avalon and dident get back there FPGA's either.
Waiting for Avalon on that deal got there transition to ASICs delayed and because of that they lost some money and a lot of BTC(that they would have generated with there Avalons early on) there and they probably lost 20 days of mining with there KnC miners they decided to go for instead during the 5-25 oct because of the delays to, so without those problems GMP/MGMP's results would have been way better. I have GMP's numbers at 28,52% return rate sofar based on the introduction price at 0,25 btc back in the start, the stock actually still trade around that amount, last week 0,23-0,25 btc.

Multipool i would say looked to become a serious stock on Cryptostocks to but they are buying back there shares now as they found out they can't comply with SEC regulations if they allow people to buy stocks in there company on Cryptostocks.

There is a couple of other relatively new stocks that looks promising to but it's a bit early yet to make any judgment on them but some of them could be legit.

Your probably right, at least they seems to have got it fixed rather quick.

She's doing PR for Mpex. Mpex is an stockexchange where one can trade 4 stocks at the moment i think, and to be granted that privilege one have to pay 30 btc i think it was last time i checked.

How did the error occur for you, using api calls or placing/cancelling orders directly on the website ?
Cryptostocks support is rather slow many times it seems like. Maby you can try to send a PM directly to Kumala(the owner of cryptostocks and vircurex) here on bitcointalk.
https://bitcointalk.org/index.php?action=profile;u=41776

Cryptostocks seems to be down at the moment, some error page on there site.

There is something named "Share transfer" on Cryptostocks witch has a fee of 0.005 btc, but i have never seen anywhere you can actually do that, maby it's only the issuer of stocks that can transfer shares throu that option.
Another option would probably be to sell the account with the shares in them if you created your account on Cryptostocks only to buy this stock.
Anyway you probably need to find an escrow if you want to sell 1,26 btc worth of stocks as you at 2 posts is a bit green on this forum...

Another option if your not to much in a hurry is to just put 50% of the shares up for sell at 0.000002 and sell off the rest for 0.000001 would at least give you 33,33% of the money you had in mind getting for them in hand directly.

Yea if TRJ will keep his promise from the 11 nov to not release more than 3 000 000 shares for a 365 day period this should be the last of his crazy big sellouts in a while. But we know we can't trust him or his fund so we'll see.

He still owes his shareholders 20% interest on the shares face value, 0,01 btc for the period 1 nov 2012 up till today, he has been in violation of his contract for over a year now, i highly doubt it's possible for him to pay 6000 btc a month to his shareholders so i can only see one way this JDBIF thing will end for the brazilian citisen jokerdragon/TheRealJoker007/mindragon or whatever he likes to call hinself.

Things starts to get really silly over at cryptostocks, 15 listing sofar in feb alone and we are only 20 days into the month, shall we guess that 1 or 2 individuals is behind 50-75% of them ?

What do this one say  "Transparency in all aspects of business will be of paramount concern" I demand Advanced verification for your listing on cryptostocks then and that should be done before you move forward and release stocks so we all know who's behind this listing,

"*Open trade will be initiated shortly after final share is sold"
no thank you, you say you won't allow trade unless people buy 135 million shares in this, you got to be joking, there is no way you will get 135 btc in funding based on such bad listing.

You should have Cryptosocks guarantee that there will be no IPOflag raised at any point in your stock and if Cryptostocks can implement such function/feature and also guarantee investor there money back if they invest in your listing and you run away, then you may get a few people to invest a few free faucet gifts, 100 sat in your shares.

1 post is all you have on bitcointalk, thats hardly promising, witch is your main account on bitcointalk ?

Your website is still under construction to so people will hardly be able to visit it "for updates and the full business proposal"

We can try

Yea things starts to get really silly over at cryptostocks, 15 listing sofar in feb alone and we are only 20 days into the month, shall we guess that 1 or 2 individuals is behind 50-75% of them ?

What do this one say  "Transparency in all aspects of business will be of paramount concern" I demand Advanced verification for your listing on cryptostocks then and that should be done before you move forward and release stocks so we all know who's behind this listing,

"*Open trade will be initiated shortly after final share is sold"
no thank you, you say you won't allow trade unless people buy 135 million shares in this, you got to be joking, there is no way you will get 135 btc in funding based on such bad listing.

You should have Cryptosocks guarantee that there will be no IPOflag raised at any point in your stock and if Cryptostocks can implement such function/feature and also guarantee investor there money back if they invest in your listing and you run away, then you may get a few people to invest a few free faucet gifts, 100 sat in your shares.

1 post is all you have on bitcointalk, thats hardly promising, witch is your main account on bitcointalk ?

You website is still under construction it so people will hardly be able to visit it "for updates and the full business proposal"

The price per 5chip device from the manufacturer is 160 usd and you will need to order a minimum of 200 miners from the manufacturer and spend some time and invest 32 000 usd+ if you would like to buy those miners yourself at that low price.
Stocks you can trade to and get in/out of whenever you like, if you buy 200 miners yourself it's a slightly bigger operation to get in/out of a position than just typing a price and pressing a button.


Compare GRID with other stocks investments and you see why people buy stocks at higher than introduction price.
The expected dividend/return will be high even when you buy at 0.000002 or higher.

Lets take a few example:
==================
People buy shares in CRYPTSY for 0.2 btc a stock, it's introduction price was 0,05 btc per stock so that's 4 times the introduction price for example that people pay there now, Cryptsy return around 0,2% per week in dividend if you buy it at 0.2 btc.

Some people even buy Vircurex stock for 0,1-0,15 btc and they have been in violation of there contract for soon 1 year now and pay 0% in monthly dividend and if you buy into Vircurex then your buying a share of a company that is at -1000 btc or something if you believe there numbers.

BSVM (bitcoiin mining) people buy shares for 0,06 btc and there dividend is around 0,2% per week.
GMP(BTC mining) people buy there shares at around 0,25 btc, dividend around 0,25% per week
MGMP(BTC mining) people buy there shares at around 0.000900 btc, dividend around 0,07% per week
==================

If you run the numbers for GRID you see that you can expect a retrurn of something like 9% or possibly even up to 17% per week on this share if you bought at 0,000001. but lets count low and say:
9,00% a week at 0,000001 btc per share
4,50% a week at 0,000002 btc per share
3,00% a week at 0,000003 btc per share
2,25% a week at 0,000004 btc per share
1,80% a week at 0,000005 btc per share
...
0,90% a week at 0,000010 btc per share
0,45% a week at 0,000020 btc per share
0,22% a week at 0,000040 btc per share

so even if you buy in at way higher than introduction price you will still make better profit on this share than most other shares on Cryptostocks, maby that answers your question.

The logical answer to that is that they will be bought as fast as possible, what bank or payment options Gridseed have i don't know but if Gridseed has a European bank account set up they could take SEPA transfers and should have the money within 24 hrs max so if that is the case the devices could be shipped pretty fast from China then and an estimate would then be miners up and running  within 7-10 days if the batch of miners is sent out from gridseed in the next couple of days.

fasbit made a ruff estimate of 241 600 shares, 0,2461 btc earlier based on 160 usd per unit and 650 usd/btc, i guess he will have a better number today Thursday if he has converted btc to usd(or already have the necessary 35k usd available in fiat)  and orders the units today if usd bank transfer is the option gridseed take as payment for international customers.
Not sure what bank and payment options Gridseed has but if they have a European bank account they could take SEPA transfers and should have the money within 24 hrs max in there account, in that case delivery should be pretty fast of the units.

Get365 has raised IPO flag sometime after the 4 feb, that clears the exciting order book and no one can put up any sell-orders and you can only put up buy stocks from get365 at there IPOprice.
No announcement from get365 that they did raise the IPO flag even. get365 did have open trades for 40+ days before they stopped peoples abillity to freely trade in it. There's one thing if a company already in the contract announces that they will have a IPO flag and for what period it will be like that, then people have a choice whether or not they want to invest in something with no liquidity for a certain period but cryptostocks should still clearly announce such new features and stocks that have the IPO flag active should have a it cleary visible both on the list of projects and on the page you buy there shares.

But allowing companys to raise IPOflag at any time without offering anyone thats already invested to sell there stocks as the condition they invested in has changed is totally unresonable that cryptostocks have started to allow that, especially on stocks that was started before the IPOflag excisted.
I wounder if cryptostocks like to compensate everyone that possibly might loose bitcoins because of that cryptostock made this change without even announcing it and added the possibillity for scamcompanys to lock shareholders in without any warning whatsoever.

It sure looks like it may have been that, there's really no resonable explanation for why they don't mention the place they claim they ordered from by name so other people can avoid buying from there if what they say was true and there is no reasonable explanation to why they haven't come with any more information after there last announcement and why they haven't taken up mining again with there old hardware and payed out dividend the last 2 days.

They still haven't fixed there banner ad at cryptostocks either so it looks very unprofessional if they can't even get that to match.