 |
April 02, 2015, 02:06:59 PM |
|
The managers of Teehe declare that this IPO is now terminated.
As stated in Prospectus document, IPO will be terminated before April 1st, 24:00 UTC.
IPO has failed as minimum of $90,000 was not pledged by investors.
We will start payback procedures within 12 hours, depending on manpower available and we expect to finish it within next 48 hours.
We have received a decent number of requests today as last minute request to participate, and they have all been declined. We are sorry if we did not answer to everyone with explanation and we consider this post a proper explanation for our declining.
Some statistics:
Total pledged and deposited funds stand at just under $60,000; also $3,000 authorized but not delivered and $4,800 offered but declined by the managers in last 48 hours.
Great majority of funds have been deposited in form of Bitcoin.
Bitcoin also experienced great loss of value during this period, sliding down from $290 to low of $236 endangering value of pledged funds.
Just under 30 persons have participated in this crowd funding.
Total number of inquires was not much larger, at about 45.
About 190 messages was exchanged with investors in private.
This forum has 134 comments and is second most viewed post on this forum of all time.
Even though we promised total anonymity, about 40% of applicants either used standard alias or provided more than enough information to deduct their identity.
Some applicants presented their real name.
It is guaranteed by the managers that no information will be leaked and all evidence will be destroyed after payback is complete.
We thank you all for supporting us and asking right questions. Thanks to those who doubted us for keeping the balance.
|
