[CANCELLED]The Legends Room Las Vegas

[hobbskevin]

The Legends Room will accommodate any member. If the situation happens that the club is full the club will make arrangements for those members. They will not be disappointed.

[bigpig2247]

How is this offering NOT considered an equity offering? The "membership" can be bought, sold or rented.
I think this would fail the howie test and creat a problem for both the seller and buyer of this "token".
If it quacks like a duck and walks like a duck, then it is a duck - equity.

[hobbskevin]

How is this offering NOT considered an equity offering? The "membership" can be bought, sold or rented.
I think this would fail the howie test and creat a problem for both the seller and buyer of this "token".
If it quacks like a duck and walks like a duck, then it is a duck - equity.

It is actually just access and as the memberships price after purchase from the club has no bearing on the club itself it is not equity. A member can choose to give the membership away if they wanted. Price is set by them not on the success of the club. Legal has been through this.

[guybouchard]

Big fan of the Legends Room.  I rent my house on Airbnb. Is the contract a security?  No. If I buy stock in Snapchat today, I don't get to go to a store and get those glasses for free. The only benefit I get is the possible price appreciation of the stock or a dividend. As a Legends Room member, I'm going there to get my booze and lap dances. I go to Vegas a lot and think this will be a cool place to take customers. Country club memberships are often resold but with severe restrictions and controlled pricing. This is an open system and transparent and the owner has control not the club.

[xtyling]

Nice project but the thing is that i am in an aficain country

[bigpig2247]

This is the SEC definition and in my opinion this is exactly what you are offering

The term equity security is hereby defined to include any stock or similar security, certificate of interest or participation in any profit sharing agreement, preorganization certificate or subscription, transferable share, voting trust certificate or certificate of deposit for an equity security, limited partnership

[hobbskevin]

Nice project but the thing is that i am in an aficain country

You can still get a membership and rent it out and then if you come to Las Vegas you can enjoy the club and all it offers.

[hobbskevin]

This is the SEC definition and in my opinion this is exactly what you are offering

The term equity security is hereby defined to include any stock or similar security, certificate of interest or participation in any profit sharing agreement, preorganization certificate or subscription, transferable share, voting trust certificate or certificate of deposit for an equity security, limited partnership

That is not even close to what the Legends Room is doing and I cannot understand how you could view it that way especially after reading that. The legal team has already been over this.

If you define this as a security you must view a car, a house, a boat, a Gym membership, a private club membership (which I have), and many other things as a security. That is just ridiculous.

[guybouchard]

This is the SEC definition and in my opinion this is exactly what you are offering

The term equity security is hereby defined to include any stock or similar security, certificate of interest or participation in any profit sharing agreement, preorganization certificate or subscription, transferable share, voting trust certificate or certificate of deposit for an equity security, limited partnership

Once again I will drive the speed limit and eat my vitamins, I will not drink too much or smell like strippers thanks to this SEC definition of a security. Mr Pig  you haven't posted the entire definition of a security. You've cut and pasted a self serving piece of text.  You're like these guys that post on the Tesla forums that Tesla will get shut down because they aren't car dealers in specific states. Yes I have one of those. Do you also realize that Nevada has a very very liberal interpretation of securities to begin with and a night club membership isn't even close.  Do you realize that the Federal government says marijuana is illegal but it is legal in a number of states anyway. Look I get it you don't like this idea or maybe you think strip clubs are immoral. I'm a financial professional and hate clowns spewing stuff on message boards that is just wrong.

[magpr]

After a quick browse in this thread I want to know only one thing. Who is this cute, pretty girl? Is she part of your crew at Legends Room? I would very much like to see more pictures of her if you do not mind. Thank you.

It's written on the pic itself, Kenna James, just google her name you will find loads of pics.

Yes she is supposed to be joining at The Legends Room at some of the events we will be organizing.

Stay tuned.

Really nice girl, will be really good to see her at The Legends Room events! Gentlemen's Club owners need to very carefully refers to the selection of girls for events and if the selection will always take place at the highest level, the popularity of the club will cross the border of the Las Vegas and United States.

[btcdevil]

The Legends Room will accommodate any member. If the situation happens that the club is full the club will make arrangements for those members. They will not be disappointed.

It is really nice to hear that you have made arrangements If their is more members attending the club on any big events. Can i know that what is the price for the rental of membership will it be fixed or any price fix by the member is allowed.

[bsean]

The Legends Room opens in April by Nick Blomgren and Stephan Bonnar

Nick Blomgren and Stephan Bonnar invite you to The Legends Room set to open its doors in April 2017.

https://youtu.be/GFV57AaRzaI

https://i.imgur.com/Nkk7Avh.png

Great Video Guys!!!

[LegendsRoomLV]

http://bitcoinist.com/legends-room-now-offers-silver-platinum-memberships/

Along with an offer of lifetime membership for approximately $5,000, The Legends Room is adding a two-year limited membership for $1,500.
This digital membership includes $500 of drink credits and $500 of dance credits. This option is designed for members who intend to use the club privileges themselves.

Find out more in our Press Release on Bitcoinist.

[Arvydas77]

If someone has missed there is useful information published on Smith + Crown regarding The Legends Room project. Click and check it:

https://www.smithandcrown.com/legends-room-tokenized-membership-private-las-vegas-lounge/

[memequiserle]

it is funny

what is funny friend, what do you mean warite about funny
this legends room las vegas serious project, so its not funny

[guybouchard]

Bravo to the Legends Room. Clever press release that elevates it Winklevoss status. I'll see you in May when London Keyes is there.
http://www.prnewswire.com/news-releases/las-vegas-strip-club-awaits-bitcoin-eft-approval-300418148.html

[Sourgummies]

it is funny

what is funny friend, what do you mean warite about funny
this legends room las vegas serious project, so its not funny

Its a serious project?

Come again?

No seriously.

This is the biggest junk of an ico I ever witnessed.

[guybouchard]

Totally is a junk project if you don't like booze, strippers, Vegas and possibly making money.  It's actually not an ICO anyway it is a membership in a club. I don't know from ICO but I do know I like strippers, porn stars, champagne, and Vegas so I'm good with this one.

[magpr]

http://bitcoinist.com/legends-room-now-offers-silver-platinum-memberships/

Along with an offer of lifetime membership for approximately $5,000, The Legends Room is adding a two-year limited membership for $1,500.
This digital membership includes $500 of drink credits and $500 of dance credits. This option is designed for members who intend to use the club privileges themselves.

Find out more in our Press Release on Bitcoinist.

That's right that you have added a variety of investment options for The Legends Room Gentlemen's Club Membership. This is the right step, which will lead to an increase in the number of investors and will make investments in club membership more attractive to different people. This is an important milestone on the Legends Room road to success.

[schnötzel]

OMG this coin is so ..so... american