New to the forums, and my first post. So pardon if I post too much information. Recently I been doing research for ICO investments. Part of what I been doing is not only looking at the pretty marketing material and reading the white papers but also taking a closer look at the people standing behind the curtain in the upcoming ICO projects. Who are they, are they people that can be trusted in a unregulated wild west type of Crytpo currency funding market?
Mind you I am new at this type of thing I was able to uncover some facts that made me feel very uncomfortable with Compcoin.
According to Mr. Friedland Bio the founder of Compcoin, in 2004, he founded Bright Learning-Cyber High School. and his bio goes on to say "The school has successfully helped families and students for more than 12 years, and it continues to do so today." which I found odd because according to The Orlando Sentinel Newspaper "Orange County School Board members orders Cyber High charter school to close, the seven-member board voted unanimously to revoke the school's contract immediately and called on the State Attorney's Office to investigate whether the school mismanaged public money. In Orange County, the closing of Cyber High comes as the district moves ahead with a lawsuit against the school and a small computer company owned by Mr. Friedland. "Cyber High" paid "First Wave Networks Inc." for computers and consulting fees. "First Wave" is accused of overcharging "Cyber High" for laptop computers and of improperly profiting from the school's public funding through "insider transactions. "Cyber High" racked up debts, including more than $47,000 in rent owed to its landlord, the school continued to pay consulting and other fees to Friedland's computer company. "First Wave" received more than $124,000 in the past 11 months, an amount equal to 20 percent of the small school's expenditures, the audit found." Mr. Friedland had several outstanding judgments towards him and his prior businesses according to the Orange County Clerk's office
Dr. Elena Avraham is the CTO and according to their whitepapers, She is currently the principal software engineer at Altredo. Altredo are the develpers of Nadex Trading Robot; However according to "ObjectiveBinaryOptions.com" Altredo developed and sells a Nadex Tradin Robot that seem to be a total scam. "How do I know that Nadex Robot is a SCAM? says the author, NadexRobot Has Nothing To Do With Nadex" Clearly, the people at Nadex are not aware of any Nadex Robot. The author of NadexRobot.com even states explicitly in the risk disclosure that “NADEX ROBOT IS IN NO WAY CONNECTED OR ASSOCIATED WITH THE NADEX CHICAGO-BASED DERIVATIVES EXCHANGE OR IG GROUP.” Top10BinaryDemo.com had this to say about another product developed by Altredo, Our investigation team conducted a comprehensive investigation on Altredo to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if Altredo is generating high profits. We found many reasons that made us suspicious about this robot being a scam. Furthermore both site had comments section with several comments saying they were scammed.
In conclusion I think everyone needs to take a closer look at this ICO before spending a dime. -My two cents
This will 100% correct the false record on Mr. Friedland submitted by "newbie Playtronics". here is the proof
https://compcoin.com/cyber-high-school/This is clearly an attempt to present a false story about Compcoin founder. The anonymous person also posted this link on Compcoin facebook page so the intention was clearly to defame Compcoin Founder unfairly, not to present some fair research as claimed. All political attacks reported by Orlando Sentinel 14 years ago were determined to be totally unfounded and without merit in a court of law and by the School Board. The final determination that was unanimously approved by School Board of Orange County. Here is a copy of this. For the record there was an additional financial settlement paid to Mr. Friedland at the conclusion of this matter. " the parties agree that there was no wrong doing on Mr. Friedland part and the issue was OCPS improperly withheld the schools funding causing it to fail damaging many students and families in the process. Mr Friedland continued to operate this school to the present day.
https://compcoin.com/cyber-high-school/ (
https://compcoin.com/cyber-high-school/)
https://compcoin.com/cyber-high-school/Hopefully you will feel more comfortable now Playtronics!
Mr. Friedland created one of the first Cyber High Schools in the United States offering student laptop computers a wireless network and a on-line curriculum in 2000-2003. This was a very disruptive school because of what it offered students. Today these benefits are more typically available. It was an incredible school but it was destroyed by political attacks brought by opponents of school choice. Here is a copy of the court order settling the
false allegations and the matter. go to http://
Mind you I am new at this type of thing I was able to uncover some facts that made me feel very uncomfortable with Compcoin.
According to Mr. Friedland Bio the founder of Compcoin, in 2004, he founded Bright Learning-Cyber High School. and his bio goes on to say "The school has successfully helped families and students for more than 12 years, and it continues to do so today." which I found odd because according to The Orlando Sentinel Newspaper "Orange County School Board members orders Cyber High charter school to close, the seven-member board voted unanimously to revoke the school's contract immediately and called on the State Attorney's Office to investigate whether the school mismanaged public money. In Orange County, the closing of Cyber High comes as the district moves ahead with a lawsuit against the school and a small computer company owned by Mr. Friedland. "Cyber High" paid "First Wave Networks Inc." for computers and consulting fees. "First Wave" is accused of overcharging "Cyber High" for laptop computers and of improperly profiting from the school's public funding through "insider transactions. "Cyber High" racked up debts, including more than $47,000 in rent owed to its landlord, the school continued to pay consulting and other fees to Friedland's computer company. "First Wave" received more than $124,000 in the past 11 months, an amount equal to 20 percent of the small school's expenditures, the audit found." Mr. Friedland had several outstanding judgments towards him and his prior businesses according to the Orange County Clerk's office
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