masstoken
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August 21, 2017, 02:55:46 PM |
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Now, that mass is responding, maybe they can answer why they havent responded with a new announcement when they said they would 6 days after the 3rd of august? Hello there! "Within the past several days we've been in touch with easily over a dozen firms and attorneys in addition to the counsel we had on board and we're confident with whom we've chosen to analyze our structure, business model, and overall strategy. Again we should have official updates for everyone mid-week next week and look forward to moving forward with you all. Again, thank you for your continued support." Because we haven't gotten more information yet. Still waiting, as has been said.
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Bigbobbasher
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August 21, 2017, 03:47:25 PM |
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Now, that mass is responding, maybe they can answer why they havent responded with a new announcement when they said they would 6 days after the 3rd of august? Hello there! "Within the past several days we've been in touch with easily over a dozen firms and attorneys in addition to the counsel we had on board and we're confident with whom we've chosen to analyze our structure, business model, and overall strategy. Again we should have official updates for everyone mid-week next week and look forward to moving forward with you all. Again, thank you for your continued support." Because we haven't gotten more information yet. Still waiting, as has been said. Well the maybe you should post that on your Announcements page, or maybe you shouldnt lie in your first announcement, and instead say," well post when we know more info." either way, with all of these delays which are now taking waaaaaaay longer than originally anticipated... Its probably best you refund EVERYONES money, and then once you all get your shit together, maybe then try and run a multi million dollar company? How bout dah?
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masstoken
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August 21, 2017, 03:52:17 PM |
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Well the maybe you
Maybe you should check your record for scratches.
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Bigbobbasher
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August 21, 2017, 05:24:36 PM |
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Well the maybe you
Maybe you should check your record for scratches. Well if you can't even post a simple announcement its precisely why this feels like a scam. So check yourself genius.
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ByzantineGeneral
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August 21, 2017, 05:39:27 PM |
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Thanks for providing the links to BitcoinTalk and Reddit confirming you offered payments refunds for a short period. I was travelling over those three days and missed that at the time.
I like the concept of the project very much. I follow @notsofast on Twitter who compares a masternode of Dash to a piece of Manhattan real estate. If your project can enable retail investors to participate in Dash and other significant masternodes then that is a great business plan.
I remain concerned by the risk that the SEC might interpret the MASS token as a security. And I would appreciate an answer to that point.
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masstoken
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August 21, 2017, 05:43:50 PM |
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Thanks for providing the links to BitcoinTalk and Reddit confirming you offered payments refunds for a short period. I was travelling over those three days and missed that at the time.
I like the concept of the project very much. I follow @notsofast on Twitter who compares a masternode of Dash to a piece of Manhattan real estate. If your project can enable retail investors to participate in Dash and other significant masternodes then that is a great business plan.
I remain concerned by the risk that the SEC might interpret the MASS token as a security. And I would appreciate an answer to that point.
That is exactly what we are waiting on with our legal team: 1) a letter of opinion from them (which we will be sharing with everyone) 2) a 'roadmap' from them with steps/guidance on how best to proceed
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Bigbobbasher
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August 21, 2017, 07:08:46 PM |
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Thanks for providing the links to BitcoinTalk and Reddit confirming you offered payments refunds for a short period. I was travelling over those three days and missed that at the time.
I like the concept of the project very much. I follow @notsofast on Twitter who compares a masternode of Dash to a piece of Manhattan real estate. If your project can enable retail investors to participate in Dash and other significant masternodes then that is a great business plan.
I remain concerned by the risk that the SEC might interpret the MASS token as a security. And I would appreciate an answer to that point.
That is exactly what we are waiting on with our legal team: 1) a letter of opinion from them (which we will be sharing with everyone) 2) a 'roadmap' from them with steps/guidance on how best to proceed Right, but it shouldnt take them 18 days and counting to figure it out @600 per hour! Lol. Its a simple interpretation. Either you a security or not, which if you offer a payout, you are. Bam, and ill only bill you 5k.lol.
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Bigbobbasher
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August 22, 2017, 12:12:53 AM |
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Or maybe i should try this with a few of my clients. Tell em ill get back with them in a few days tops and then call them a month later and see if they still want to hear my pitch?
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ankit10
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August 22, 2017, 12:41:36 AM |
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I reserve Hindi translation. Where I can find bounty thread?
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PANCrypto
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August 22, 2017, 01:07:51 AM |
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Or maybe i should try this with a few of my clients. Tell em ill get back with them in a few days tops and then call them a month later and see if they still want to hear my pitch?
I see the cry baby is still active. You FUDster have a lot of time to spread this negative energy, I bet your life is full of happiness.
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Bigbobbasher
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August 22, 2017, 03:49:35 AM |
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Defining a security, which mass is, since it offers a "dividend"
Page 10 of the SEC DAO Report "Accordingly, the Commission deems it appropriate and in the public interest to issue this Report in order to stress that the U.S. federal securities law may apply to various activities, including distributed ledger technology, depending on the particular facts and circumstances, without regard to the form of the organization or technology used to effectuate a particular offer or sale. In this Report, the Commission considers the particular facts and circumstances of the offer and sale of DAO Tokens to demonstrate the application of existing U.S. federal securities laws to this new paradigm."
And many of you pay taxes i assume, and a few behind the scenes upper level people at 3 MAJOR icos have told me Ether will be horrible for tax purposes as a payout.
So, refund everyone's money, since you have NO WAY of knowing who the us based customers were, because if you allow them to stay on will maje you liable, and then restart the ico or whatever the heck you wanna call it once you get your whatever you wanna call it together.
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knau5
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August 22, 2017, 06:13:44 AM |
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First of all, you don't know this is a security because it differs from the DAO, there's alot of variables that come into play here. Stuff like that the MASS token will be needed to use the service kind of makes it more difficult to name it (my memory is failing, too many projects reviewed so correct me if im wrong here but that's how I see it). Second, they have no obligation to reset the ICO since it was stopped, however resuming it will be harder without council. If enough people feel that they missed the refund offering, they ought to announce another one properly. The reason they haven't done this I reckon is because there's 2 guys that want this. IF there's more people in here that wants refund, you better speak up, and we'll see what they decide.
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Bigbobbasher
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August 22, 2017, 12:12:23 PM |
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First of all, you don't know this is a security because it differs from the DAO, there's alot of variables that come into play here. Stuff like that the MASS token will be needed to use the service kind of makes it more difficult to name it (my memory is failing, too many projects reviewed so correct me if im wrong here but that's how I see it). Second, they have no obligation to reset the ICO since it was stopped, however resuming it will be harder without council. If enough people feel that they missed the refund offering, they ought to announce another one properly. The reason they haven't done this I reckon is because there's 2 guys that want this. IF there's more people in here that wants refund, you better speak up, and we'll see what they decide.
Its a security. It offers a payout.
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delgado873
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August 22, 2017, 06:26:06 PM |
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First of all, you don't know this is a security because it differs from the DAO, there's alot of variables that come into play here. Stuff like that the MASS token will be needed to use the service kind of makes it more difficult to name it (my memory is failing, too many projects reviewed so correct me if im wrong here but that's how I see it). Second, they have no obligation to reset the ICO since it was stopped, however resuming it will be harder without council. If enough people feel that they missed the refund offering, they ought to announce another one properly. The reason they haven't done this I reckon is because there's 2 guys that want this. IF there's more people in here that wants refund, you better speak up, and we'll see what they decide.
I'd take a refund if this was anonymous (triggered through wallet as before)
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masstoken
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August 22, 2017, 06:40:52 PM |
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First of all, you don't know this is a security because it differs from the DAO, there's alot of variables that come into play here. Stuff like that the MASS token will be needed to use the service kind of makes it more difficult to name it (my memory is failing, too many projects reviewed so correct me if im wrong here but that's how I see it). Second, they have no obligation to reset the ICO since it was stopped, however resuming it will be harder without council. If enough people feel that they missed the refund offering, they ought to announce another one properly. The reason they haven't done this I reckon is because there's 2 guys that want this. IF there's more people in here that wants refund, you better speak up, and we'll see what they decide.
I'd take a refund if this was anonymous (triggered through wallet as before) Nobody has gotten a refund since the refund window was closed weeks ago. No refunds have been mentioned after that, nobody has gotten a refund after that, there have been instances where people have had their mass pre-sale bought out. If anyone would like to do that, as has been stated multiple times, we do have people who are wanting to buy and we will facilitate the invalidation of that accounts pre-sale mass address and then credit it to the purchasers address, since pre-sale mass is technically 'non transferable' this is how it works, private deals obviously are people attempting to scam, so if there is an intention to do this contact someone who is part of the mass team via email: support@mass.cloud.
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zipzop21
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August 22, 2017, 07:00:27 PM |
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I'd be happy to buy some more MASS if anyone wants to sell theirs through the team. Please add me to the list of eager beavers :@)
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Bigbobbasher
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August 22, 2017, 09:19:15 PM |
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First of all, you don't know this is a security because it differs from the DAO, there's alot of variables that come into play here. Stuff like that the MASS token will be needed to use the service kind of makes it more difficult to name it (my memory is failing, too many projects reviewed so correct me if im wrong here but that's how I see it). Second, they have no obligation to reset the ICO since it was stopped, however resuming it will be harder without council. If enough people feel that they missed the refund offering, they ought to announce another one properly. The reason they haven't done this I reckon is because there's 2 guys that want this. IF there's more people in here that wants refund, you better speak up, and we'll see what they decide.
I'd take a refund if this was anonymous (triggered through wallet as before) Nobody has gotten a refund since the refund window was closed weeks ago. No refunds have been mentioned after that, nobody has gotten a refund after that, there have been instances where people have had their mass pre-sale bought out. If anyone would like to do that, as has been stated multiple times, we do have people who are wanting to buy and we will facilitate the invalidation of that accounts pre-sale mass address and then credit it to the purchasers address, since pre-sale mass is technically 'non transferable' this is how it works, private deals obviously are people attempting to scam, so if there is an intention to do this contact someone who is part of the mass team via email: support@mass.cloud. Dont know what youre waiting for, youre going to have to refund everyone since mass is a security. Are your lawyers better than bigger icos lawyers?
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Johnny00
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August 22, 2017, 09:53:50 PM |
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Mass is not a security. It's a pool of funds that stakes the tokens.
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Bigbobbasher
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August 22, 2017, 10:23:02 PM |
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Mass is not a security. It's a pool of funds that stakes the tokens.
Lawyers ive spoken with, and lawyers i know for several high profile icos, think its too fine a line. If it was that cut and dry, it wouldnt hv been 19 days and counting since mass' last public announcement!
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PANCrypto
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August 23, 2017, 12:15:44 AM |
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Mass is not a security. It's a pool of funds that stakes the tokens.
Lawyers ive spoken with, and lawyers i know for several high profile icos, think its too fine a line. If it was that cut and dry, it wouldnt hv been 19 days and counting since mass' last public announcement! You might have ADD, go meditate, smoke a joint or get laid or something that will calm you down. As you know i have you ignored, but you're such a stressed person that you keep on going. This thread is also the only thread you post in. Which lawyers, and for which ICO's? You're full of shit, again as I stated before you're not fooling me. I'm starting to doubt if you're even human and not some AI bot that is programmed to spread FUD. If you're not then you are still a kid with a big mouth. You have been offered a refund but you don't want a refund. You want to stay invested and keep hurting the project. Do you see that it does not add up?
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