From Twitter :

Be good to get some answers here


Why was the gsx dustribution amount lowered to 50 million ftom 10 billion? If you can change that, why could u not change the total supply also. So now the foundation will hold 99.9% of gsx coin. Unless foundation coin are locked and can't be sold I see this as a bad deal
Foundation will just dump slowly like they did with apollo

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Hi again Eye16,

I have e-mailed Orbis Solutions and have received no response from my e-mail.

I don't understand why nobody knows any answers. To me personally it is beginning to look suspicious that the PR team doesn't know any answers to my below questions or that I receive no response from my e-mail.

These are genuine questions any investor should have the answer to.

You have mentioned that the insurance company involved is a private matter, however for any large investor it is important. I have stated this in my e-mail.

Any other investor including myself is entitled to know in order to assess financial risk and thought it would be a give in to publicly state this.  

I have been in contact with one of the KRM Lawyers and she was semi-helpful but does not know the answer to my questions. Of course as we both know it was only a legal requirement for them to be listed with Orbis Solutions and they no legal liability. In fact it was highlighted that the KRM Advisors have no legality if I was to pursue this further with the SEC.

Again I will ask my questions hoping that someone knows these answers.

Who is the escrow for this ICO? Are they independent, public and transparent? Any correctly structured ICO/STO would have published this so investors know that their funds would be returned if this was a scam or the business model fails.

The white paper mentions an insurance company that backs Orbsi (investment token). Who is this insurance company? Although you mentioned this was private it doesn't give confidence to any large investor.

For any body in the US investing in a security, such as Orbsi Investment Token and freely admitted in the whitepaper as being a security with the availability to US investors. This would mean by law it must be publicly disclosed, and as my research shows it is not. This is a red flag.

So for US customers is this Regulation D, Regulation A+ or Regulation S as in compliance with Section 506C. It must be applied for before the sale of any security.

Is a filing for regulation D public? Yes it is under the SEC website (here: https://www.sec.gov/edgar/searchedgar/companysearch.html). There are 28 companies registered which made this search easy. Nothing here.

Regulation S (info: https://www.isin.net/reg-s-and-144a/). Again this information is public and can be searched here: https://www.isin.net/isin-directory/. I cannot find registration in this database either.

What about Regulation A+ (info: https://www.sec.gov/oiea/investor-alerts-bulletins/ib_regulationa.html). How am I informed under this category, well actually thats a rhetorical question as its available on the SEC website using EDGAR (https://www.sec.gov/edgar/searchedgar/companysearch.html), and I still can’t find them.

This only applies to US residents and is illegal if they buy Orbsi (investment token). Very misleading since the white paper says it’s available to the US, if indeed this hasn't been applied for. I could have easily been mistaken and all it would take is a link to the EDGAR database and all the worries disappear.

Unfortunately with the combination of complete silence to my e-mail, the PR team not knowing this, it's beginning to look suspicious. The biggest red flag for me is stating that anyone in America can be part of buying the orbit investment token yet they are not listed with the SEC! More red flags for me.

On the website https://orbistransfer.com and mentions “all our financial information is online and is independently verified”.  This is not true, no financial information is online - nobody knows where it is, even the PR team, no-one on telegram does. Another red flag?

So let’s recap what I’m hoping to find:

1. Name of the Insurance Company which I guess is underwriting the Orbsi Investment token.

2. The indépendant escrow holding the funds.

3. Who has independently verified the financial information?

4. Links for proof that US citizens can participate with the investment token (Regulation D, A or S).

I know that someone here would have investigated some of this, even if they don't live in the US. Nobody would invest without research, right?

All it's going to take is answering my questions so my mind can be put to rest and I can invest.

For any American investing in this without the approval from the SEC risks fines/jail time while the offshore company Orbis Solutions walks away with all their crypto. It is also illegal not to publicly disclose information pertaining to the the SEC approval - there is ZERO public disclosure.

I am hoping you can expedite a response. I am genuinely interested hence my legal route. If you can read between the lines only a serious investor with considerable investment (although relative) would want these answers.

They are still continuing their plagiarism, especially on images.
Here are they:


Original:

ORGINAL : https://twitter.com/makeinindia/status/1066664065693609984
They just cropped the picture from the original and put their ticker with it 

ORIGINAL:

Nice edit, removed the brand name of original and change the color of the subject 

If this kind of action, it is still considered as plagiarism right? Because they even remove some of the brand name/logo of the picture and didn't even acknowledge the owner of the original image.

How we can stop them? Like, even you visit their ANN thread, totally a BUMPING SERVICE happening, the thread starter still not banned, already reported it with a plagiarized case. I'm gonna report it again.
Also, thank you Kuya @nutildah for still fighting against them .

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This is the picture from EUROTUNNELL I guess...... Fucking idiots...

P.S.  They are using bots, posting the same bullsihit again and again

Thanks for the that, the thread now is updated.

When I discovered that their one of the post on their ANN thread, I already doubt on their project. And check their whitepaper and boom, there's also plagiarized on their whitepaper. I don't trust their project anymore.

I'm afraid that you need to stop it right there ICOEthics just busted them last Novemeber 2018. They were caught using stock photos for their team members' profiles so the certifications and licenses he provided in the OP might be fake too. ICOs like this one are common now, they seem to be here for a good cause but in reality they really don't care about Estonia or what they are trying to solve they are just here to steal your money.