Are you serious? You didnt change the password for an account you bought from a person you just removed from your skype list because you hardly know them? With that sense for security I would suggest anyone stay miles away from your forum.

I will provide refunds. But not right now. Simply because there is no BTC in the wallets.

Ok, point taken. Thank you for the update and mature stance you have taken.

We accept that you are a skilled coder and Cassie is no businesswoman, we can accept that but in the midst of it all the fundamental concerns do not change. Most investors want their money back and you have not provided any coherent reason not to refund them.

Whereas I along with others looking in horror at this project unfolding, you saying investors will get their money back is fantastic news however it is not fair to refund after the site is launched as we are looking at approximately 3 weeks from today and even then you might turn around and not refund them citing the need to wait until net profit builds up so you can afford the refunds. I urge you to please put the investors looking for a refund out of their misery and let them have it. It will only bring praise for you and your reputation considering it has already been badly affected by the spectacle unfolding before us.

Sure, if you sincerely believe in your project and are starting a new base with a self-custom coded website then go for it. We all wish you success but holding investors money to ransom until you release your website in the hope they will like it and thus stay is not the way forward. They need to be able to choose now and be able to stay for the long run if they wish or if they have had enough and want a refund it should be given immediately.

Please consider refunding investors now rather than later and repair the damage done to your reputation. Thank you.

Hello Justin, this is my first post directly to you. Hope you are well.

Where is the money if it is not available? How much was invested originally and how much was taken by you and how much was left with Cassie at the time of your defection? What exactly were the funds you controlled spent on?

Being objective and all I was wondering exactly what development you are continuing with because as it currently stands you are using a $47 turnkey solution as your base and the site is hosted on a free cloudfront (http://whois.domaintools.com/bitbay.cc). I mean, you are probably not even paying for hosting at cloudflare as their starter package it is free.

Apart from the $47 purchase of a sub-standard turkey solution what exactly what are you developing that has a monetary value of the bitcoins invested by people here? Since it is only you who is sitting in front of your pc and logging in to the $47 sub-standard turnkey solution making a few cosmetic changes here  and there, that cannot be classed as developmental costs investors parted with their money for, nor did they part with their money so you can withdraw from their funds as living expenses.

As it currently stands you are judge, jury and executioner because you have the investors money, you claim to be coding the website and you have taken control of the domain. There is nothing stopping you from telling investors their investment as been used in this or that way, nor in the extremely unlikely possibility the site will ever see the light of day will the investors ever know what the factual income/expenditure is and will have to just take your word for it.

This my friend is as farcical as a farce can get and you have to do what is morally correct. Shares cannot be in lock-in because investors did not receive full facts from you before investing and the majority believed they were investing in a project run by Cassie.

Just to re-cap:
1) You paid $47 for a turnkey sub-standard site trying to pass it off to Cassie as your code
2) When she realised you could not deliver your promise of coding a cool site you rushed to register all you could to take control of the project (domain name etc)
3) You also ended up with a portion of the invested capital (yet unclear as to how much or how you intend to invest it, apart from spending it on yourself)
4) Your host the cheap turnkey solution on a free or cheap cloud
5) Your total outlay for the project so far is $47 for the sub-standard turnkey solution and free hosting on cloudfare.com
6) You have taken funds from investors to spend on your living expenses
7) If shares are locked in or not it makes no difference since you are a one-man band working from home. Whether you have investors bitcoins or not will not affect your 'project' since YOU ARE THE PROJECT AND THE PROJECT IS YOU and investors would gladly want you to do what you like with your project so long as they get their investments back because they did not invest in a project that you controlled, they invested in a project run by Cassie, a project that you were involved with because you over-exaggerated your potential input.

You have to give back all investors capital and I am sure they will gladly want you to keep 100% of any profits your site might generate if it gets launched. The three weeks you have left before site goes live is deemed by many investors as a smokescreen for you to siphon off more of their funds.

Please return their investment and keep 100% of the profits of your site when (or if) it goes live.

--

As an investor, I am pretty disappointed in this.

I guess I should of just asked this before but where exactly are you going to be able to buy/sell these shares? (IPO investment site, havelockinvestments, cryptostocks.com etc???)

That way there is liquidity and also for those people who aren't happy with what just transpired can buy/sell the shares at their discretion.

Lets see how things unfold in this situation. We are adults and we all share a common goal, crypto's success and adoption, let's not lose site of that.

Respectfully,

Justin, you do not have to refund any of us if you do not want to, I get that. But sometimes in life you have to do the right thing and in the long run it will be for the better. For example my pool was just hacked and he managed to steal over 40 BTC. We could of just said o damn time to run away and make a new account. We didn't, we refunded over $25,000 dollars to our miners. We are now re-opening and we have had a tremendous amount of positive media from it.

I get that you are continuing your efforts with BitBay but from the way things are looking you should give the investors the opportunity to retract their investments seeing what has transpired here. If you don't the site will fail, no one will visit it after they see this thread and that is not good for you or us as investors.

@justin,

You have a responsibility to allow us to revoke our shares for a full refund, or at least transference of the invested BTC back to Cassie.

Since you did not disclose that these were YOUR allotted shares that we were buying, every one of your early round investors were lied to. We bought shares of "Bitbay" not "coding enhancements by justin" and as such, you need to allow people that request a way to exit without loss.

Consideration on this is very important moving forward if you intend to maintain developing in this community. You basically absconded with investor's funds and forced us into your business model. That is theft, and should anyone decide to take you to court, you would be found guilty.

I would suggest you allow each member on the OP assets list choose what they want to do. Otherwise, you have a very big problem looming overhead.

Also, what is this about you are 17... you do realize if you are not a legal adult... you cannot sign anything legally binding without your guardian also signing, unless you are emancipated. If this is true, your parents are now responsible for all the funds you collected and spent, and they can be liable for reimbursement.

Very troubling to say the least...

10 shares .25 BTC 1DAemoNXFNQxeDQAeRdEg245WvYsCfdgE9

You do not even have to respond if you choose to straight refund me. I will delete my posts from this thread should you do the right thing.

I suggest you wait to see how this unfolds before investing ..... I already have 65 shares but I'm not sure what I have 65 shares of 

First off i want to tell Bitbays investors that I am sorry you are having to deal with all of this.

I have gave Justin enough time to recant his posts.

I gave justin7674 many options and opportunities, I simply did not want him selling anymore shares for his personal gain.

Bitbay will still be launched without him I was hoping not to air this dirty laundry in public only to investors in pvt. It is very unprofessional.

The code he has is cheap off the shelf turn Key script not worth 100,000+ dollars in shares he wants to sell for himself.

I tried to tell him that the shares where for Bitbays Development not him to spend as he wishes.

I also told him partners would be paid their percentages in the LLC with salary passed through the company not in a Lump some from sold shares.

He would not have any of this. the bottom line is he wanted to sell as many shares as he could for his personal gain.

He sold Shares behind closed doors without me knowing, he told lie after lie doing anything and everything he could to get more money.

I foresaw this coming a few days ago all the pieces to the puzzle came together.

The only thing i am guilty of is trying to protect investors, Bitbay and my name.



Option's that where given to Justin7674.


#1 Continued Partnership and Development with the 5,000+ in shares he had already acquired and used for personal gain not Bitbay.
     Also giving back the money Bitbay did not need to investors. With me taking full control of finances.

#2 Part ways taking taking the code with him and naming his auction site something else using the money he had already acquired.
    Also taking the investor shares he already had with him If they agreed to do so.
    Bitbay would keep the other half for new development, Servers and operational costs.

#3 Partways and Payback the money he had spent for personal gains to Investors and or Bitbay.
    Bitbay would keep the other half for new development, Servers and operational costs.
    Not for personal gain of partners.


 Please read the skype conversation from Justin and I from today it should cover everything else.
  
 https://docs.google.com/file/d/0B4DKR2Y9etJQUmtIaTRZQ25uWlk/edit

 
 I am going to be scheduling a G+ meeting for all Investors.

 Bitbay will be release soon Bigger and better as we have acquired a new Developer.
 The Remaining funds will be Documented and used for Development and Operational costs Not personal Gain.

 Thank you for your time, patience and understanding.



~CassieHeart

How to buy shares? how to pay?

Hi,

Are there are more shares available?

Cheers

Interesting.
When and how to buy some shares?
Thanks.

I'll be interested to buy some shares when you open it again Good luck !

Thanks for your openness, good luck 

@Justin Sorry to hear about Cassie, hope she has not taken too much of the startup money? Thanks for your efforts in continuing to push this project.