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701  Economy / Securities / Re: [Counterparty: BOMB] Adeally | sociable entertainment shopping on: April 24, 2014, 01:17:42 PM
You're not really valuing this at $7.75 Million on $0.00 sales, are you?

The following can be found within our Prospectus:

DETERMINATION OF OFFERING PRICE
 
The offering price for the shares in this offering was arbitrarily determined by our management. In determining the initial public offering price of the shares we considered several factors including the following:
-   Our status of business development
-   Our new business structure and operations as well as lack of a significant client base
-   Prevailing market conditions, including the history and prospects for our industry
-   Our future prospects and the experience of our management
-   Our capital structure.

Therefore, the public offering price of the shares does not necessarily bear any relationship to established valuation criteria and may not be indicative of prices that may prevail at any time or from time to time in the private market for the equity shares. While trading of the shares of equity can take place with Counterparty you cannot be sure that a regulated public market for any of our securities will develop and continue or that the securities will ever trade at a price at or higher than the offering price in this offering.

As friendly advice, you really are not covering yourself by not responding publicly.  You've already posted the offering and the damage is done.  

We appreciate your view on this and agree that the ball is already in play.

Listing Fees
We estimate our total costs relating to the registration of the securities offered herein shall be approximately $10,000.

You didn't register the securities.  You filed a form claiming an exemption to registration.  Also, the fees for an exempt filing are nowhere near that high.  

The $10,000 Listing Fee is regarding the 1% fee within Counterwallet to issue shares. We apologize for the confusion. This is explained in more detail within the Prospectus.

You are correctly stating that exempt filing fees are nowhere near that high. Filing a Form D exemption is free once a CIK is obtained.

In your SEC filing, you claimed that the minimum amount accepted from any outside investor is $5,000 USD.  Does Counterparty even have a mechanism in place to enforce this?  Can it enforce the restriction to sell only to 'accredited investors'?

We can file amendments to this document. The initial filing was filed around 1 month ago in anticipation of this offering and to show our investors the seriousness of our plans for fundraising. Full details had obviously not been worked out. The filing says we had yet to make the offering. Once the offering is complete we will file an amendment stating the date of the final sale, funds raised, funds not raised, minimum amount, etc.

Regarding 'accredited investors': This is really a 2 way street. Investors are responsible for their decisions and Issuers are responsible for theirs. Counterparty does not have a mechanism for limiting amounts investors can invest per asset. Nor does it have a mechanism for restricting sale to individuals based on local, state or federal rules and regulations.

Steps we are taking on our end: (contained within Prospectus)

PLAN OF DISTRIBUTION (exerpt)
If applicable, the shares may not be offered or sold in certain jurisdictions unless they are registered or otherwise comply with the applicable securities laws of such jurisdictions by exemption, qualification or otherwise. We reserve the right to deny and/or buy back equity shares from purchasers not complying with these statutes.

Right to Reject Subscriptions
We have the right to accept or reject subscriptions in whole or in part, for any reason or for no reason. All monies from rejected subscriptions will be returned immediately by us to the subscriber, without interest or deductions.

Also, why are you using beta software as the shareholder ledger for your company?

"Counterparty is built on top of the Bitcoin blockchain and network storing its protocol data in regular Bitcoin transactions." -https://www.counterparty.co/about/

Counterwallet is already a powerful web UI that allows us to sell shares, buy back shares, issue dividends in multiple currencies and more. Essentially giving us the same control as Havelock or eventually CipherTrade. We actually have distributed versions of our Business Plan and Prospectus to both Havelock Investments and CipherTrade the previous 2 weeks. They are the earlier revisions of both documents on http://spark.adeally.com/ respectively. Havelock listing fees are 5% or $50,000 for our offering and Ciphertrade listing fees are 2% for listing and 2% for withdrawal or $40,000. When it came down to it we felt that if there was a new Bitcoin 2.0 interface far enough along, with active support and a bright future we would give it a shot. Why not cut out the middle man and offer our shares on a marketplace that has an amazing potential upside. In fact a number of companies, Rockminer (https://bitcointalk.org/index.php?topic=528464.msg6351120#msg6351120)and Let's Talk Bitcoin (http://ltbcoin.com/ltbcoin-for-new-users), are also using the platform in the same way and for similar reasons.

Use of Proceeds
We will use the proceeds for general working capital, administrative expenses and for the implementation of our business growth strategy. However, there is no guarantee that we will receive any proceeds in connection with this offering.Huh

This is just a blanket statement stating that even though we are trying to raise funds we may not be able to raise funds for this offering. Sorry for any confusion.

*Misread "social engagement" (wtf is that? a party?) as "social engineering."

This is another word for community involvement or anything socially related. For example:
- Integrating chat functions through Facebook or Twitter within each product auction listing.
- Reward systems involving sharing and posting via social networks

I like that "a party?". That would be great.
702  Economy / Securities / [XCP] Adeally IPO Monday April 28 on: April 23, 2014, 08:09:28 PM
ADEALLYTM
Adeally is an immersive entertainment shopping experience, featuring gaming mechanics, crowd sourcing and brilliantly honest deals.



COMPANY OVERVIEW

Statement of Purpose | excerpt from BUSINESS PLAN -  adeal.ly/NjuDP  Password: Garfield
ADEALLY, LLC (Adeally), an Ohio Limited Liability Company (LLC) established in 2014, is an online retail and auction services company that will serve customers across the United States with deals on consumer electronics, appliances, outdoor gear, mining equipment, precious metals and gift cards. The Company is seeking investment capital in the amount of $2,325,000 in exchange for a 30% equity position in Adeally. Equity share offerings will be sold in stages and the working capital raised will allow the Company to hire key personnel and consultants in preparation for a late August 2014 launch date of adeally.com.

Mission Statement
Adeally engages customers within an immersive online retail environment. By layering gaming mechanics together with crowd sourcing, social engagement and deep discounts we are creating the ultimate fun, exciting and risk-free shopping experience that we believe is the future of online commerce. Designed with a joint auction platform and conventional ecommerce platform, customers will be able to buy the hottest new products, comment about auctions in real-time, enjoy free shipping, earn rewards, compete against other bargain hunters and potentially walk away with up to 98% savings over retail prices.

Business Introduction
At the heart of Adeally is an ecommerce company selling most products at wholesale prices in combination with listing the same products in auctions at starting prices far below wholesale prices. Customers shopping on adeally.com have opportunities every day to save up to 98% off retail prices. A unique aspect of our auction platform is it socially engages customers to “crowd source” deals. When bids are placed from multiple bidders the savings increases exponentially.

The Company will carry zero (0%) inventory, instead relying on our network of distributors to provide fulfillment services. Over 50% of our products will be sourced from wholesale distributors, 20% will be provided by our B2B partners and the remaining 30% will be our bid packages known as Play Packs. Adeally provides free shipping for every product we sell and offers continuous ways to earn free bids and rewards for constant non-stop bargain hunting and plenty of reasons to continue coming back again and again.

Great lengths have been taken in this Business Plan to create a phased growth plan that factors in numerous parameters presented in this document. Months of research and planning took place before any numbers were even generated. Our key was to stay consistent and create a robust set of tools along the way that interact with each other and provide a logical projection of unknown future events.



OFFERING SUMMARY | excerpt from PROSPECTUS -  adeal.ly/NOnhi  Password: Ulysses

The Issuer
Adeally, LLC

Securities being offered
Up to 300,000 equity shares. Our equity shares are described in further detail in the section of the prospectus titled “Description of Securities – Equity Shares.”

Per Share Price
0.00685BTC ~$3.33

Un-Regulated Market
There is no regulated market for our equity shares. We cannot give any assurance that the shares being offered will have a market value, or that they can be resold at the offered price if the listing exchange (Counterparty) gets taken offline. The absence of a public market for our stock could make it difficult to sell your shares. If in the future a regulated public market does exist for our securities, it is likely to be highly illiquid and sporadic.

Upon successful completion of this funding round, Adeally will seek to file Form 15c211 with FINRA for listing approval on the OTC Link. The ticker symbol the company will request will be: DEAL

Duration of Offering
This offering will terminate upon the earlier to occur of (i) 180 days after this registration statement becomes effective with the Securities and Exchange Commission, and (ii) the date on which all 300,000 shares registered hereunder have been sold; provided, however, that we may, at our discretion, extend the offering for an additional 90 days. In the event that we extend the offering an additional 90 days, we will notify investors by filing a post-effective amendment to our registration statement.

Number of Shares Outstanding Before the Offering
There are 1,400,000 shares of equity issued and outstanding as of the date of the prospectus. Our sole officer and director, Mr. Paul Schmitzer, owns an aggregate of 100% of the equity shares of our company.

Total Number of Shares Outstanding After the Offering
There will be 1,700,000 shares of equity issued and outstanding upon 100% completion of the offering. Upon a successful completion, all corporate officers and directors will own an aggregate of 85% of the issued equity shares. Ultimately, this offering is the seed round of a 3 round series seeking to secure a total of $2,325,000 for a 30% aggregate equity share in the Company.

Listing Fees
We estimate our total costs relating to the registration of the securities offered herein shall be approximately $10,000.

Distribution of Offered Shares
This offering will be listed out on a private exchange (Counterparty) providing issuer backing in Bitcoin. No registered broker dealer will be involved in the distribution of the equity shares made available in this offering.

Net Proceeds to the Company
The Company is offering 300,000 shares of equity, at an offering price of $3.33 per share, for potential gross proceeds to the Company of $1,000,000 and potential net proceeds of $990,000. The full subscription price will be payable at the time of subscription and accordingly, funds received from subscribers in this offering will be released to the Company when subscriptions are received and accepted.
If less than 100% of funds is raised under this offering, Adeally will refund subscriber’s funds and suspend all current operations until additional capital from alternate sources becomes available to execute our Business Plan. No assurance can be given that the net proceeds from the total number of shares offered hereby or any lesser net amount will be sufficient to accomplish our goals.

Use of Proceeds
We will use the proceeds for general working capital, administrative expenses and for the implementation of our business growth strategy. However, there is no guarantee that we will receive any proceeds in connection with this offering.

Need for Additional Financing
Adeally will need to raise additional capital in the future in addition to the $1,000,000 we hope to raise through this offering. We believe that the full proceeds from this offering in addition to our existing cash on hand will satisfy our cash requirements for up to approximately 6 months, provided that we are not be able to expand our operations and grow increase our net profit. If we are unable to produce a favorable gross margin in order to grow our cash reserves and if we are unable to obtain additional financing, our future growth, once the additional capital from this funding is exhausted, could be impaired.

Risk Factors
Any investment in our equity shares involves a high degree of risk. You should carefully consider the risk factors set forth under “Risk Factors” and the other information contained in the prospectus, or any other accompanying documents, before making an investment decision regarding our equity shares.



MORE INFORMATION

We encourage any investors looking for more in-depth information to review the Business Plan (70 pages) and Prospectus (40 pages) below. The Business Plan includes a 3 year projection for the Company and much more. The Prospectus addresses many of the risks associated with this type of offering and is specific to the offering summarized above. Subsequent prospectus will be drafted for the remaining 2 rounds of funding, if necessary.

SEC Filing | adeal.ly/nnfkG
Counterparty Asset Listing | BOMB
Business Plan rev 2.2.0 | adeal.ly/NjuDP  Password: Garfield
Prospectus rev 1.4.0 | adeal.ly/NOnhi  Password: Ulysses



OFFERING RULES

This offering is being made available on the Bitcoin, Litecoin and Counterparty forums. We will not be responding publically (on this thread) until the offering is successful or the duration of the offering (as described above) is complete. Whichever occurs first. This is to stay compliant with Regulation D filing rules for Rule 506(b) by the US Securities and Exchange Commission. Any questions regarding this offering can be directed to the contact person listed above.

Schedule
The full amount of shares (300,000) will be available for purchase on Monday, April 28th 2014 @ 12:00pm EST.
We will be issuing blocks of shares (50,000) each day leading up to that Monday. The full 300,000 will have been loaded by noon on Monday the 28th. We feel this is a fair way to allow investors to digest the offering we are presenting and limit the amount of investors that could be shut out due to potential rush of investors if all 300,000 shares are listed at once.

Platform
We are offering this on the Counterparty platform which is a decentralized exchange built on the Bitcoin blockchain. The easiest way for investors to purchase Adeally BOMB shares is to use the Counterwallet web interface found at counterwallet.co. For investors already using this amazing platform we suggest you read this announcement by Counterwallet regarding recent security fixes. Counterwallet Security Notice



CONTACT

ADEALLY, LLC.
ATTN: MR. PAUL SCHMITZER
2282 BIRCH BARK TRL
GROVE CITY, OHIO 43123
TEL: 765-ADEALLY (233-2559)
EMAIL: VIP [AT] ADEALLY [DOT] COM



DISCLAIMER

You should rely only on the information contained or incorporated by reference to this offering in deciding whether to purchase our equity shares. We have not authorized anyone to provide you with information different from that contained in this offering. Under no circumstances should the delivery to you of this offering or any sale made pursuant to this offering create any implication that the information contained in this offering is correct as of any time after the date of this offering. To the extent that any facts or events arising after the date of this offering, individually or in the aggregate, represent a fundamental change in the information presented in this offering, this offering will be updated to the extent required by law.

This document may only be used where it is legal to sell these securities. Certain jurisdictions may restrict the distribution of these documents and the offering of these securities. We require persons receiving these documents to inform themselves about and to observe any such restrictions. We have not taken any action that would permit an offering of these securities or the distribution of these documents in any jurisdiction that requires such action.

Unless otherwise indicated, information contained in this offering concerning our industry, including our market opportunity, is based on information from independent industry analysts, third-party sources and management estimates. Management estimates are derived from publicly-available information released by independent industry analysts and third party sources, as well as data from our internal research, and are based on assumptions made by us using data and our knowledge of such industry and market, which we believe to be reasonable. In addition, while we believe the market opportunity information included in this offering is generally reliable and is based on reasonable assumptions, such data involves risks and uncertainties and is subject to change based on various factors, including those discussed under the heading “Timing of Market Entry - Risk Factors.”
703  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Litecoin - a lite version of Bitcoin. Launched! on: January 17, 2014, 05:16:55 PM
WOW, who dig this out of the graveyard thread? Litecoin has been launched many years ago.  Roll Eyes

What I'm surprised at is despite this being the second most popular coin, why the number of pages is only 115.

Anyway, if Litecoin was your first coin vote for Litecoin in this thread:

https://bitcointalk.org/index.php?topic=418450.0

Because in the good ol' days we used the forum for work, not chatting.
704  Alternate cryptocurrencies / Mining (Altcoins) / Re: The Coingen.io scam on: January 15, 2014, 03:40:53 PM
If you're waiting for Matt to respond "or something" you're barking up the wrong tree. He sold the thing a couple of days after releasing it. You'll probably get more luck from asking the new owner.
705  Alternate cryptocurrencies / Mining (Altcoins) / Re: The Coingen.io scam on: January 12, 2014, 03:59:07 AM
Why is this a scam? Because they aren't holding your hand through the whole process? They aren't advertising to be your "development team". If you can't start the genesis block of your own coin should you even deserve to create it?

They deliver their advertised product, albeit it's hastily done in 30 min or so. That gives you a copied Bitcoin 0.8.6 client (which you can download for free from GitHub). A new logo pasted on the GUI (which you could swap out in less than 1 min in your directory). And they change a handful of key parameters in a couple source files that you could also change in 5-10 minutes if you know how to type in a search bar.

All that is clearly visible on their site. Your laziness combined with their simple copy-paste products doesn't = scam. It equates to you being lazy and paying someone else to copy and paste files for you at a rate of $400/hr. Great business sense on their end if you ask me.

Get over it and learn something about your new coin "you created". Hint: start with a search on "generating the genesis block"
706  Economy / Services / Re: Anyone bored today? I'm in need of help turning this milliBit icon into vector on: January 08, 2014, 08:49:53 PM
Try this site, it works like a charm.

http://vectormagic.com/home

Worked like a charm  Cheesy
Cheers

I could do this for you, let me know if you still need someone to. Also, which format will you need it in?

Thanks for offering to help. I got what I needed above.
707  Economy / Services / Re: Anyone bored today? I'm in need of help turning this milliBit icon into vector on: January 08, 2014, 08:49:17 PM
nice millibit!

I can't help you, but I bump your thread so another maybe can help you Smiley

thanks & thanks
708  Economy / Services / Anyone bored today? I'm in need of help turning this milliBit icon into vector on: January 08, 2014, 04:44:42 PM
Slow day and tired of checking ZeroBlock every 5 minutes? Anyone kind enough to mirror this file into vector art for me?
I can't offer any thing but a huge Thank You but would really appreciate it.
I have no access to Illustrator anymore. Shouldn't take more than 10 minutes.



I did this with Pixlr on my Chromebook. PNG file is here: http://imgur.com/r7kLnsV
I can send the layered file to you if you want it.

Details:
white=ffffff
black=000000
orange=f79a2f

rounded square:
border size=20
radius=80

Bitcoin symbol:
Font Awesome's Bitcoin symbol is vector

m:
font=Lohit Kannada
size=114
style=bold

I appreciate any consideration for trying to help a brother out.
Again, thanks.
709  Alternate cryptocurrencies / Altcoin Discussion / Re: Coingen.com on: January 06, 2014, 07:40:06 PM
No Coingen coin is ever going to make it onto an exchange. They're toys for people who have money to blow. Nothing more.

This is not going to destroy altcoins. It is going to let some people play with their own coin and fail to get others to play with them. Tongue

Or a way for startups to issue vouchers for investing apart from the exchanges.
710  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [For sale due to lack of development time] Automatic Altcoin Generator on: January 05, 2014, 07:12:44 PM
This is perfect for businesses wanting colored coins but hating the wait. Build a coin, premine it, use it as tokens for shareholders. If only it was built on the Bitcoin chain.
711  Alternate cryptocurrencies / Altcoin Discussion / Re: Ł as the litecoin "symbol"? on: January 05, 2014, 05:03:21 AM
So I was looking back at old threads I started and I have to admit it's pretty cool to have branded a cryptocurrency with a $600 million market cap  Cheesy

That is cool man. I still like the double parallel lines personally however.
712  Economy / Securities / Re: [BTC-TC] Deprived Mining Speculation (DMS) on: December 21, 2013, 11:49:59 AM
Deprived has been away from the forum for almost a month now.

I'm getting worried, am I the only one here?
Nope. You're not alone.

I wonder if he's been unwell for the last few weeks.

If that's the case, all the more reason why he should set up a dead-man switch.

Everyone enjoy the Holidays with your families. 2013 has been a stellar year, the year of Bitcoin.
Let's revisit after the 2nd of the New Year when CipherTrade is supposed to be online.
713  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [ANN] Fibonacci Scrypt ASIC Litecoin Miners - News and Questions on: December 18, 2013, 07:52:35 PM
We will start with google auth and move on from there, but its always best to just use a single yubi for a site to avoid keylogging issues. You also want to be sure they burn the OTPs after 1 uses.

Crap, I don't even know how Google Auth works. Time to scramble...  (i'm over 50, so cut me slack.  lol)

Yep follow the links Jasinlee gave you. 2FA and Crypto go hand & hand these days.
714  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [ANN] Fibonacci Scrypt ASIC Litecoin Miners - News and Questions on: December 14, 2013, 12:54:00 PM
this deserves a sticky. Salty Spitoon, hook it up!

+1
715  Economy / Service Announcements / Re: Neo EasyCoin Official - Buy BTC With Cash [UK,USA,Russia,Denmark,Sweden,Norway] on: December 09, 2013, 04:05:18 PM
Quote
EasyCoin charges no further fees when converting the top up into either Bitcoin or Litecoin.

I've seen this discussion on the Reddit pages of both currencies. Great news indeed!
716  Economy / Securities / Re: [BitFunder] btcQuick - Bitcoin Sales Service on: December 05, 2013, 04:58:42 PM
"Verifying Message..." locked up for me. Bitcoind locked up again?
717  Alternate cryptocurrencies / Altcoin Discussion / Re: [NEWS] Quark article appearing in Wall Street Journal - QRK on: December 05, 2013, 03:45:09 PM
The Wall Street Journal news department was not involved in the creation of this content.

Just saw that too. Just a press release. Not news sorry folks.
718  Alternate cryptocurrencies / Altcoin Discussion / Quark article appearing in Wall Street Journal- Press release, not WSJ news dept on: December 05, 2013, 03:40:15 PM
A dedicated article for Quark in notable newspaper.

http://online.wsj.com/article/HUG1747585.html?dsk=y

---------edit-----------

press release, not news article. WSJ staff not involved.
719  Economy / Securities / Re: [BitFunder] btcQuick - Bitcoin Sales Service on: December 02, 2013, 05:04:47 PM
Alright guys, I apologize for the long delay. The investor portal is still a work in progress as I have been busy working on other things essential to btcQuicks operation. Right now we are still working with a company on getting everything setup for our credit card merchant account. This process takes a little longer when you are dealing with a bigger company. We have been able to secure an account in order to process ACH/Bank Transfers for our U.S. customers. Initially this will be limited to some of our loyal customers so that we can get a feel for how the system will work and get some of the bugs worked out. We are currently working on integrating the ACH system into our site and we should be up and running with that at the end of the week.

Here are some deadlines we have set:

- Investor Portal - Be able to verify number of shares, view investor specific information such as profits and earnings, and receive dividends - By December 6th
- ACH Payment Integration - By December 6th
- New Credit/Debit Card Processor Integration - By December 13th
- Dividend for November 15th to December 15th - On December 16th
- Blockchain.info new Wallet integration - By December 31st

Feel free to ask any questions that you may have and I will do my best to answer them

Thanks,
Ascension

Great update, thanks!
720  Economy / Securities / Re: [BTC-TC] Deprived Mining Speculation (DMS) on: December 02, 2013, 03:57:34 PM
I would also like verification of my public address and shares held.

User: Burnside would be the person who can verify the public address. Unless you took screenshots of your account before BTCT.CO shut down. Most shareholders took images of their account page and downloaded all .csv files before the site's closure.

Saying that, I doubt he'll give you a verification of your address. He has given all issuers the list of shareholders addresses. And as it's been said, the Ciphertrade site will be operational in 1 month... more likely at least open to explore before the opening day. So users can register and verify settings prior to trading commencing on Jan. 2nd, 2014. - pure conjecture on my part, but logical.
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