[BitFunder] btcQuick - Bitcoin Sales Service

[Aru Hasa-Special]

Too many powerful companies have collapsed, I huge losses..Don't know where is credible, BTC has entered a chaotic period

[sebastienurbain]

Complaining here on the boards doesn't bring back Ascension or our BTC back faster. So I just sit here and wait for news. I don't sit on too much BTCQuick chares though (about 9k I think) so Ascension doesn't owe me as much as other users here.

[bitwhizz]

Ascension should let us know and agree to update us every two weeks or a month  for 6months - 12 months untill our funds are returned

otherwise we don't know ehtehr he's running off, and whether this is a scam,

i get the impression ascension is smarter than to run off

[Komodorpudel]

Ascension should let us know and agree to update us every two weeks or a month  for 6months - 12 months untill our funds are returned

otherwise we don't know ehtehr he's running off, and whether this is a scam,

i get the impression ascension is smarter than to run off

Let's hope he just lost the motivation to join the thread againg and simply pays the remaining funds directly to our addresses in 12 months.

[PurpleTentacle]

...
Let's hope he just lost the motivation to join the thread againg and simply pays the remaining funds directly to our addresses in 12 months.

Somehow I don't think there's going to be left much.

[nonlinearboy]

Ascension should let us know and agree to update us every two weeks or a month  for 6months - 12 months untill our funds are returned

otherwise we don't know ehtehr he's running off, and whether this is a scam,

i get the impression ascension is smarter than to run off.

we all hope so.

[Ascension]

Currently we are awaiting the funds to be released from our merchant account and to be deposited into our bank account. Once the hold our bank account it lifted we will convert all USD assets to BTC and distribute according to our Bitfunder list.

Here is a link to our Merchant Account Statement - April 2014.

[Komodorpudel]

Currently we are awaiting the funds to be released from our merchant account and to be deposited into our bank account. Once the hold our bank account it lifted we will convert all USD assets to BTC and distribute according to our Bitfunder list.

Here is a link to our Merchant Account Statement - April 2014.

thx,

nice to hear something from you

[bitwhizz]

Currently we are awaiting the funds to be released from our merchant account and to be deposited into our bank account. Once the hold our bank account it lifted we will convert all USD assets to BTC and distribute according to our Bitfunder list.

Here is a link to our Merchant Account Statement - April 2014.

Cheers

[Bananery]

Currently we are awaiting the funds to be released from our merchant account and to be deposited into our bank account. Once the hold our bank account it lifted we will convert all USD assets to BTC and distribute according to our Bitfunder list.

Here is a link to our Merchant Account Statement - April 2014.

That's almost nothing. Where did all the thousands of bitcoins you took from investors go to?

[Bananery]

The first "Early-Bird" 10,000,000 shares have been posted for 0.00005 BTC each.
Second Batch: 7,500,000 shares will be posted on Friday March 29th for 0.0001 BTC each.
Third Batch: 7,500,000 shares will be posted on Sunday March 31th for 0.00015 BTC each.
Fourth and Final Batch: 7,500,000 shares will be posted at the discretion of btcQuick for 0.0002 BTC each ONLY after all previous share have sold.

How will the raised funds be used?
BTCJam currently maintains loan at BTCJam ( https://btcjam.com/listings/2143 ) with a remaining principal balance of about 300 BTC.

First share batch:
300 BTC of the "Early-Bird" will go towards the BTCJam debt to settle all debts.
The remaining BTC will be used to increase btcQuick's rotating inventory supply to sell.

20% of funds raised from shares after the first batch will go to the current issuer for the hard work, time, effort and success of btcQuick.
The remaining 80% will be added to the inventory cycle.

The issuer is essentially selling off the first 20% of btcQuick ownership to cover a loan, increase inventory and increase profits without directly profiting.

Just some calculations, please correct any errors.

By 31 March, total BTC to be raised:
Early bird: 500BTC
Second batch: 750 BTC
Third batch: 1125BTC

Total: 2375BTC

Out of which, 300BTC will be used to pay back a loan.
375BTC will go to you - the owner / promoter - for hard work, time and effort.

Total inventory: 1700BTC.
This inventory increases by 1200BTC if you sell forth batch of shares too.

During the IPO Ascension took 300BTC to pay off his personal loan. 375BTC he took for himself for work. 1700BTC were used in selling bitcoins. They were circulated. During most of 2013 it went well and Ascension paid dividends and took a large part of profits for himself too.

All of those 1700BTC must be distributed back to the investors. If not, then it's another scam and Ascension is another scammer. Let's see what kind of story Ascension will come up with to tell how he lost all those 1700BTC.

[PurpleTentacle]

...
Let's see what kind of story Ascension will come up with to tell how he lost all those 1700BTC.

[NotLambchop]

^
Life of Crime!

[nonlinearboy]

Currently we are awaiting the funds to be released from our merchant account and to be deposited into our bank account. Once the hold our bank account it lifted we will convert all USD assets to BTC and distribute according to our Bitfunder list.

Here is a link to our Merchant Account Statement - April 2014.

thanks for the upadate

[Nebur]

Good to finally hear from you, but why exactly did you stop/take btcquick offline?

[Bananery]

Why is this scammer talking only about USD? Do you people realize he's scamming us? He intends to return a satoshi per share.

We want the inventory that you got from investors back. Bitcoins, the little electronic things that were supposed to circulate, not be taken by you Ascension.

I demand the history of all bitcoin transactions Ascension. Or do we have to sue you?

[bitwhizz]

http://www.buzzfeed.com/lindseyrobertson/secret-agent-raccoons?sub=3154828_2760667

[bitsalame]

Jerrod financials of last year, for investors:
https://mega.co.nz/#F!PYVCTSQS!Cb6zTc3FSssaNpnhv9uK3Q
He reported revenues of 2.5 million dollars, only 26K refunds, and monthly burn rate of 8K usd.
Expenditures are reported of 2.4 million dollars (WTF, probably buying bitcoins), reported profit only 133,271 USD.

[billysweird]

wow!
good luck with IPO
I want to learn something about the IPO of bitcions
could you tell me or show me where to find the sources ?
is there anyone we could talk about IPO?
i am very intreseted.

[ecrick3]

dividends payout weekly?