Bitcoin Forum
May 26, 2019, 08:41:51 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: [1] 2 3 4 »  All
  Print  
Author Topic: Old  (Read 4150 times)
Bitcoin-Financial.com
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
Old
February 12, 2013, 05:03:40 PM
Last edit: March 30, 2013, 11:04:02 PM by Bitcoin-Financial.com
 #1

Bitcoin Financial


Offering shares to a legal registered company
We are offering to sell shares of a registered company that provides Alt-Currency support
We are currently licensed to do a couple key things the community is lacking

Current Services we are licensed to provide



  • Deposit taker
  • Broking services
  • Providing credit under a credit contract
  • Operating a money or value transfer service
  • Issuing and managing means of payment
  • Giving financial guarantees
  • Changing foreign currency
  • Providing forward foreign exchange contracts
  • Entering into or trading on an exchange, in an over-the-counter market or otherwise service


We are looking to sell 250 shares of our company, all share holders will have to be registered on our company register and reported as a share holder. 1000 Shares were issued and 750 of them are held by the owner.
We are looking to sell each share for BTC1 and will give bulk purchase discounts.
After looking at some of the exchanges, we found it would be very hard to list with them. The requires us to keep a register of all share holders, with the exchange it would almost impossible to keep up with it.
We are also looking for board members with Bitcoin lending history, financial background or Bitcoin business background.

****I understand that some will see this as a scam, that's fine leave the post no need to comment. If you have something of value to comment about, we would love to hear from you!********
[/b][/i][/u]

Message me to inquire about shares or other concerns!
Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1558903311
Hero Member
*
Offline Offline

Posts: 1558903311

View Profile Personal Message (Offline)

Ignore
1558903311
Reply with quote  #2

1558903311
Report to moderator
JordanL
Donator
Sr. Member
*
Offline Offline

Activity: 294
Merit: 250



View Profile
February 12, 2013, 05:07:47 PM
 #2

Where are you "licensed" to provide those services? Any further details available... business plan, company info, or the like?
Garr255
Legendary
*
Offline Offline

Activity: 938
Merit: 1000


What's a GPU?


View Profile
February 12, 2013, 05:10:44 PM
 #3

Where are you "licensed" to provide those services? Any further details available... business plan, company info, or the like?

Yes please.

“First they ignore you, then they laugh at you, then they fight you, then you win.”  -- Mahatma Gandhi

Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
Bitcoin-Financial.com
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
February 12, 2013, 05:21:40 PM
Last edit: February 12, 2013, 06:04:18 PM by Bitcoin-Financial.com
 #4

Your company has only been in existence for 3 days.

If there are a total of 1,000 shares and each share is worth 1BTC, what makes your "company" worth 1,000BTC ($25,500)?

It cost lots of money to form a company, then be compliant with financial regulation. There is already 100 member that will be rolled in from a previous business, that buy on average 10k-15k worth of coins a month. With the new options that will be added I valued the company low at 25,000 honestly. The fact that its a "new business" does hinder the price you say. But the sales are there I can assure you that.
Deprived
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
February 12, 2013, 06:13:52 PM
 #5

Bitcoin Financial


Offering shares to a legal registered company
We are offering to sell shares of a registered company that provides Alt-Currency support
We are currently licensed to do a couple key things the community is lacking

Current Services we are licensed to provide



  • Deposit taker
  • Broking services
  • Providing credit under a credit contract
  • Operating a money or value transfer service
  • Issuing and managing means of payment
  • Giving financial guarantees
  • Changing foreign currency
  • Providing forward foreign exchange contracts
  • Entering into or trading on an exchange, in an over-the-counter market or otherwise service


We are looking to sell 250 shares of our company, all share holders will have to be registered on our company register and reported as a share holder. 1000 Shares were issued and 750 of them are held by the owner.
We are looking to sell each share for BTC1 and will give bulk purchase discounts.
After looking at some of the exchanges, we found it would be very hard to list with them. The requires us to keep a register of all share holders, with the exchange it would almost impossible to keep up with it.
We are also looking for board members with Bitcoin lending history, financial background or Bitcoin business background.

****I understand that some will see this as a scam, that's fine leave the post no need to comment. If you have something of value to comment about, we would love to hear from you!********
[/b][/i][/u]

Message me to inquire about shares or other concerns!

1.  Are you actually licensed to provide these services - as opposed to not needing to be licensed to provide them?  From previous threads it seemed you were registering in a form whereby you could (maybe) provide such services without needing a licence - which is absolutely NOT the same thing as being licensed.

2.  Proof of registration of company please - as well as some sort of business plan.  'I reistered a company please give me money" isn't the best selling line ever.

3.  750 shares are NOT "held by the owner".  He may be the founder, he may be the previous owner, he may be the majority shareholder but he is NOT (any longer) the owner

4.  "The requires us to keep a register of all share holders".  The what?

5.  Has this majority shareholder also paid 1 BTC per share (either in cash or in kind)?

6.  Are the proceeds from sale of shares going to the company or to yourself?

7.  What assets does the company have?

8.  Will this one run for a few weeks before ceasing operations as happened with your dismal failure of a mining company?

9.  Who is the "we" you refer to at various times?
Bitcoin-Financial.com
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
February 12, 2013, 06:34:02 PM
 #6

Bitcoin Financial


Offering shares to a legal registered company
We are offering to sell shares of a registered company that provides Alt-Currency support
We are currently licensed to do a couple key things the community is lacking

Current Services we are licensed to provide



  • Deposit taker
  • Broking services
  • Providing credit under a credit contract
  • Operating a money or value transfer service
  • Issuing and managing means of payment
  • Giving financial guarantees
  • Changing foreign currency
  • Providing forward foreign exchange contracts
  • Entering into or trading on an exchange, in an over-the-counter market or otherwise service


We are looking to sell 250 shares of our company, all share holders will have to be registered on our company register and reported as a share holder. 1000 Shares were issued and 750 of them are held by the owner.
We are looking to sell each share for BTC1 and will give bulk purchase discounts.
After looking at some of the exchanges, we found it would be very hard to list with them. The requires us to keep a register of all share holders, with the exchange it would almost impossible to keep up with it.
We are also looking for board members with Bitcoin lending history, financial background or Bitcoin business background.

****I understand that some will see this as a scam, that's fine leave the post no need to comment. If you have something of value to comment about, we would love to hear from you!********
[/b][/i][/u]

Message me to inquire about shares or other concerns!

1.  Are you actually licensed to provide these services - as opposed to not needing to be licensed to provide them?  From previous threads it seemed you were registering in a form whereby you could (maybe) provide such services without needing a licence - which is absolutely NOT the same thing as being licensed.
A)Yes I have a Financial Service Provider license, It is required by law.
2.  Proof of registration of company please - as well as some sort of business plan.  'I reistered a company please give me money" isn't the best selling line ever.
We are not a OFC as you speak of we are a registered financial services providers
http://www.business.govt.nz/fsp
Search -
FSP270025
Business plan is being reworked after a shift in business.
3.  750 shares are NOT "held by the owner".  He may be the founder, he may be the previous owner, he may be the majority shareholder but he is NOT (any longer) the owner
Your right my mistake bad wording.

4.  "The requires us to keep a register of all share holders".  The what?

The requires us to keep track of the company share holders and keep it up to date by 30 days.
http://www.business.govt.nz/companies/app/ui/pages/companies/4274578/shareholdings. Shows the 250 shares sectioned off to be sold.

5.  Has this majority shareholder also paid 1 BTC per share (either in cash or in kind)? Mixture of both.

6.  Are the proceeds from sale of shares going to the company or to yourself?
Company for equity and capital. We are going to provide instant exchange transfers of funds. This will require us to keep a consistent reserve of funds on both mtgox and btc-e

7.  What assets does the company have?
We have some assets but we are tryiing to raise funds.  Wink Thats why were posting.

8.  Will this one run for a few weeks before ceasing operations as happened with your dismal failure of a mining company?
Don't forget about the bitcoin-keys its been around and operating for a while Wink. Things happen and business climates change all the time look at  hostess. I could not predict GLSBE closing, and nor could anyone else an this changed the climate of the business. "dismal failure" is not even close it paid dividends all the way up till the day I shut the rigs off. If that's a failure we need to reevaluate the word.

9.  Who is the "we" you refer to at various times?
We as in me and the Company.

Thanks for your interest
Korbman
Legendary
*
Offline Offline

Activity: 1064
Merit: 1000



View Profile
February 12, 2013, 07:14:38 PM
 #7

You realize you've told us absolutely nothing about yourself or your business, right? You come out of the newbie section and immediately ask us to invest 250 bitcoins with you...might I say we're bound to be a bit skeptical?

Bitcoin-Financial.com
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
February 12, 2013, 07:30:35 PM
Last edit: February 12, 2013, 07:55:04 PM by Bitcoin-Financial.com
 #8

You realize you've told us absolutely nothing about yourself or your business, right? You come out of the newbie section and immediately ask us to invest 250 bitcoins with you...might I say we're bound to be a bit skeptical?

Understood,
Bitcoin-financial will be the a very complete platform that will allow for tons of features.
We will offer bitcoin  and other coin exchanges services

Cash Deposit 3rd Party "moneygram ect."   2.5%
Credit Card Deposit.   3.75%
Crypto Coin Deposit   0%
Minum Balance   $5 or Equal
Buy & Sell Coins   +2.50% Buy - 2.5%Sell
ACH Withdraws/wire   $0.25 Wire 25$
ACH Deposit   Free!
Crypto coin withdraw   0%
Transfer to/from Exchange "Mtgox" or "Btc-e"   2.99%

We have a unique lending platform
Our lending platform is still based off the crowd sourced lending to a degree. We take in Loan Brokers who lend out there own funds. These brokers have complete control over the lending term's they issue to a degree. The system sets a top interest rate for them to charge, and they are free to set it anywhere in between.
We will offer brokers unlimited use of our Right Signature digital document software "holds up in court as a legal document" to make contracts. These contracted are stored and CAN NOT BE CHANGED each document comes with a qr code for quick reference and look up of the contract.
http://www.youtube.com/watch?v=yPBHcficFhc

Merchant Support
We have a built in payment gatway that can be set up with any website. It can be set up in a way to where the purchaser does not need a account. We will support any currency we have accounts open for at the time.
***{Sales op} We will offer merchant account brokers a discount on all merchant accounts set up

Live chat support

We are working with a company to provide 12 hours of chat support a day and 12 hours of email support. This will make for great customer services and fast transfers.

There is much much more...
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
February 12, 2013, 07:31:58 PM
 #9

Yet another one of those?

Srsly, 4 post guy, forget about this thing, see here. THAT is something of value. Your blathering is not.

It cost lots of money to form a company, then be compliant with financial regulation. There is already 100 member that will be rolled in from a previous business, that buy on average 10k-15k worth of coins a month. With the new options that will be added I valued the company low at 25,000 honestly. The fact that its a "new business" does hinder the price you say. But the sales are there I can assure you that.

How come nobody knows of you? Is it because you're lying, perhaps?

Thanks for your interest

There is no interest.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
Bitcoin-Financial.com
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
February 12, 2013, 07:40:17 PM
 #10

What am I lying about? I would like to clarify any notions you may have. Lets sort this out like adults not kids.
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
February 12, 2013, 08:09:39 PM
 #11

What am I lying about? I would like to clarify any notions you may have. Lets sort this out like adults not kids.

Let's. Your name and your company name. Your registration number. The name of some of those investors, or some sort of proof of their existence. The name of that previous business, or some trace of its existence.

Basic stuff you should have been starting with rather than waiting for me to ask for.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
Bitcoin-Financial.com
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
February 12, 2013, 08:21:37 PM
 #12

My name is Daniel, its on the company info.
Bitcoin key's is my business that will now be combined into Bitcoin Financial that means we hold over 100 registered and verified members already.
ianbakewell
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
February 12, 2013, 08:29:32 PM
 #13

https://bitcointalk.org/index.php?topic=98767.msg1080868#msg1080868

Korbman
Legendary
*
Offline Offline

Activity: 1064
Merit: 1000



View Profile
February 12, 2013, 08:49:42 PM
 #14

My name is Daniel, its on the company info.
Bitcoin key's is my business that will now be combined into Bitcoin Financial that means we hold over 100 registered and verified members already.


Why masquerade as Bitcoin-Financial instead of BitcoinINV?

Bitcoin-Financial.com
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
February 12, 2013, 08:59:35 PM
 #15

There was no masquerade just a new business. Bitcoin-keys has its own forum account as well.
Deprived
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
February 12, 2013, 10:50:14 PM
 #16

There seems to be something rather massive missing.

You claim to be licensed to provide various financial services - but only show evidence of REGISTERING as a financial services provider in New Zealand.  Registration is entirely seperate from licensing - licensed FSPs have to register in addition to being licensed, not as an alternative.

So where are you actually licensed to provide these services?  Registering is required for dispute resolution etc - but in no way gives you authority to actually provide financial services of itself : that has to be dealt with by the relevant regulatory/licensing bodies (e.g. the central/reserve bank for deposit taking - where you'll have to demonstrate very significant funds, suitably qualified staff etc).
BitcoinINV
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
February 13, 2013, 12:20:10 AM
 #17

See any names that ring a bell below? I have the same privileges as they do.

JP Morgan Chase has 4 FSPs

http://www.business.govt.nz/fsp/app/ui/fsp/record/liveSearchFsp.do?q=JPMorgan


Lloyds TSB bank has an 2 FSPs
http://www.business.govt.nz/fsp/app/ui/fsp/record/liveSearchFsp.do?q=TSB


The Bank of Tokyo has an FSP

http://www.business.govt.nz/fsp/app/ui/fsp/record/liveSearchFsp.do?q=The+Bank+of+Tokyo


RBS (Royal Bank of Scotland) has 3 FSPs

http://www.business.govt.nz/fsp/app/ui/fsp/record/liveSearchFsp.do?q=RBS

Citibank has 4 FSPs

http://www.business.govt.nz/fsp/app/ui/fsp/record/liveSearchFsp.do?q=citi


HSBC has a FSP

http://www.business.govt.nz/fsp/app/ui/fsp/version/searchSummaryCompanyFSP/FSP37008/8.do?noReturn=true

Deutsche bank has 2 FSP's

http://www.business.govt.nz/fsp/app/ui/fsp/record/liveSearchFsp.do?q=Deutsche

ANZ Bank has 13 FSPs

http://www.business.govt.nz/fsp/app/ui/fsp/record/liveSearchFsp.do?q=anz


http://www.business.govt.nz/fsp/app/ui/fsp/version/searchSummaryCompanyFSP/FSP270025/1.do?noReturn=true
Third block down answers your questions on what I can do.

Deprived
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
February 13, 2013, 12:36:13 AM
 #18


You seem to have a fundamental misunderstanding.

The FSPR (which you linked to) is a register of all FSPs.

If you wish to conduct business as an FSP then you MUST be on that register.  But being on that register is NOT, of itself, sufficient to conduct business as an FSP.

X being required to do Y is NOT the same as X being sufficient to do Y - which is where you seem to have got confused.

Here's an excerpt from the Act which caused the GSPR to be formed:

"13 Qualifications for registration as financial service provider

    A person is qualified to be registered as a financial service provider if—

        (a) the person is not disqualified under section 14; and

        (b) the person is a member of an approved dispute resolution scheme, or the reserve scheme, if required by section 48; and

        (c) if a licensing enactment requires the person to be a licensed provider, the person is, or will be (on and from commencing to be in the relevant business), a licensed provider."

Note point (c).  You can REGISTER as an FSP without having a license (where one is required) but MUST obtain such a license before actually commencing business.  Some of the areas of business you've listed - such as accepting deposits - definitely require licensing: and I very much doubt you'd be able to obtain such a license if you're having to scrape around for 250 BTC (as there's pretty onerous requirements in terms of capital).

You're REGISTERED as an FSP but not LICENSED.  Understand the difference.  NZ doesn't (afaik) support offshore arrangements so there's no facility for getting an easy license if you only trade with non-residents.  Registration is just you saying "I'm going to do business X/Y/Z" - it isn't a license to actually do so.
Deprived
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
February 13, 2013, 12:53:28 AM
 #19

Here's some reading for you:

http://www.legislation.govt.nz/act/public/2008/0059/latest/DLM1106230.html

That's the (Amendment) Act which defined the Reserve Bank as being the licensing authority for non-bank deposit takers (which is what you'd be).  Good luck getting approval or an exemption from them.

Now it MAY be that you can conduct business without being licensed providing you don't sell to any New Zealand residents (I'm not clear on that - NZ doesn't have any explicit support for offshore business) however even IF that is the case it is a lie for you to claim to be licensed when you aren't (you're just registered - with means nothing other than that you've stated an intent to conduct business and aren't explicitly barred from doing so provided you meet all necessary requirements).
BitcoinINV
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
February 13, 2013, 01:01:03 AM
 #20

Form what the lawyer has told me this is not required unless you are going to use the name bank.
http://www.business.govt.nz/fsp/app/ui/fsp/version/searchSummaryCompanyFSP/FSP1681/16.do?noReturn=true
Savings and trust being perfect examples.
Also she pointed out to me
table 1
http://www.rbnz.govt.nz/research/bulletin/2002_2006/2003dec66_4mortlock.pdf
FSP taking deposits.

Pages: [1] 2 3 4 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!