Paygine (OP)
Copper Member
Newbie
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Activity: 231
Merit: 0
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September 24, 2018, 04:02:09 AM |
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Dear subscribers!We would like to finally break the important news about the expected PGC token exchange listing. We have received the reply from our legal team – as you know, Paygine ICO has been approved by the SEC under Regulation D, which means we have certain requirements to comply with. This is relevant in particular to the rule 144 (available here https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144htm.html) Here is a quote from the document: ...Before you may sell any restricted securities in the marketplace, you must hold them for a certain period of time. If the company that issued the securities is a “reporting company” in that it is subject to the reporting requirements of the Securities Exchange Act of 1934, then you must hold the securities for at least six months. If the issuer of the securities is not subject to the reporting requirements, then you must hold the securities for at least one year. The relevant holding period begins when the securities were bought and fully paid for. The holding period only applies to restricted securities. Because securities acquired in the public market are not restricted, there is no holding period for an affiliate who purchases securities of the issuer in the marketplace. But the resale of an affiliate's shares as control securities is subject to the other conditions of the rule... Thus at this point in time we have no other choice but to wait exactly one year from the moment our token sale was concluded which is 17 August 2018 before we can list our token on an exchange. However, we would like you to know that we are exploring ways of making listing as quick as possible. We will keep you updated on the latest news!
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santino11
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September 24, 2018, 05:46:30 AM |
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The team didn't meet their hard cap, i was one of the participants in their bounties. I was so sad when i heard that and their budget for bounty gone done to 25% of the original. I am waiting now for the exchange. i wish it hits the ICO price.
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therhslv
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September 24, 2018, 12:26:29 PM |
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Hello paygine Team , is there any chance to see any document from SEC where it says that Paygine ICO has been approved by the SEC under Regulation D ? In telegram chat devs sayd that you can't burn the tokens as they are Utility ones , now you say that its Security token . Not sure if token can be both , but would be interesting to see Approval from SEC , thanks
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samlaode
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September 24, 2018, 04:40:38 PM |
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The team didn't meet their hard cap, i was one of the participants in their bounties. I was so sad when i heard that and their budget for bounty gone done to 25% of the original. I am waiting now for the exchange. i wish it hits the ICO price.
They don't achieve their hard cap is very normal now, 100% of the ICO so. You expect and other people also expect that Paygine will get the ICO price and everyone will sell at that time. So it's hard to hit the price you want.
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bostaufik
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September 24, 2018, 04:51:39 PM |
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ico end PAYGINE is an open financial platform designed to operate within its own proprietary banking structure and designed to serve FinTech and crypto-business needs in areas of money remittance, cryptocurrency exchange, and payment for “real” goods and services under White Label solution and when does Paygie Add Exchange
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Highquality
Member
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Activity: 257
Merit: 12
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September 25, 2018, 12:41:32 PM |
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I think the team is misleading us. Nothing prevents them from listing the token on the exchange, there is a limit on the sale of team tokens. But there are no restrictions on the sale of tokens by investors. The easiest way to make a listing on the Bancor platform. Bancor platform fully meets the SEC's requirement. Security Token Exchanges: https://coinsutra.com/top-security-token-exchanges/
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ahmadakbari
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September 25, 2018, 11:26:52 PM |
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The team didn't meet their hard cap, i was one of the participants in their bounties. I was so sad when i heard that and their budget for bounty gone done to 25% of the original. I am waiting now for the exchange. i wish it hits the ICO price.
They don't achieve their hard cap is very normal now, 100% of the ICO so. You expect and other people also expect that Paygine will get the ICO price and everyone will sell at that time. So it's hard to hit the price you want. No, there are some ICOs have reached their hard cap recently. ( I don't mention them. Because I don't want my post to be considered as an advertising)
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freedomgo
Legendary
Offline
Activity: 3108
Merit: 1146
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September 26, 2018, 12:50:45 AM |
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The team didn't meet their hard cap, i was one of the participants in their bounties. I was so sad when i heard that and their budget for bounty gone done to 25% of the original. I am waiting now for the exchange. i wish it hits the ICO price.
They don't achieve their hard cap is very normal now, 100% of the ICO so. You expect and other people also expect that Paygine will get the ICO price and everyone will sell at that time. So it's hard to hit the price you want. No, there are some ICOs have reached their hard cap recently. ( I don't mention them. Because I don't want my post to be considered as an advertising) Only few ICO now reach the hard cap but when they get listed they still dump, therefore there is no exemption at the current bear market. Paygine although were not able to reach their hard cap has still a chance to grow, it depends on how the team would handle the development.
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therhslv
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September 26, 2018, 08:25:50 PM |
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Nice one , thanks for the reply . Looks like all is legit and they following SEC regulations as Admin said in telegram group . At start was thinking is just a excuse to get some time to run away . Oh well then good luck to project and lets wait for the exchange after few months
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ahmadakbari
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September 26, 2018, 10:11:55 PM Last edit: September 27, 2018, 08:17:09 AM by ahmadakbari |
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The team didn't meet their hard cap, i was one of the participants in their bounties. I was so sad when i heard that and their budget for bounty gone done to 25% of the original. I am waiting now for the exchange. i wish it hits the ICO price.
They don't achieve their hard cap is very normal now, 100% of the ICO so. You expect and other people also expect that Paygine will get the ICO price and everyone will sell at that time. So it's hard to hit the price you want. No, there are some ICOs have reached their hard cap recently. ( I don't mention them. Because I don't want my post to be considered as an advertising) Only few ICO now reach the hard cap but when they get listed they still dump, therefore there is no exemption at the current bear market. Paygine although were not able to reach their hard cap has still a chance to grow, it depends on how the team would handle the development. Of course. When high amount of money is not rasied in the ICO, it means that the team has been unsuccessful in the marketing and attracting investors. After end of the ICO, the price of token and success of the project depends on the developments made by the team. So, I agree with you. Paygine token prise can rise.
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Highquality
Member
Offline
Activity: 257
Merit: 12
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September 27, 2018, 12:56:15 PM |
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Nice one , thanks for the reply . Looks like all is legit and they following SEC regulations as Admin said in telegram group . At start was thinking is just a excuse to get some time to run away . Oh well then good luck to project and lets wait for the exchange after few months I think the team is misleading us. Nothing prevents them from listing the token on the exchange, there is a limit on the sale of team tokens. But there are no restrictions on the sale of tokens by investors...
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Royal Jelly
Jr. Member
Offline
Activity: 336
Merit: 2
ECOSTART
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September 27, 2018, 01:31:14 PM |
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Nice one , thanks for the reply . Looks like all is legit and they following SEC regulations as Admin said in telegram group . At start was thinking is just a excuse to get some time to run away . Oh well then good luck to project and lets wait for the exchange after few months I think the team is misleading us. Nothing prevents them from listing the token on the exchange, there is a limit on the sale of team tokens. But there are no restrictions on the sale of tokens by investors... The limitation to prevent low prices right? The team should be more patient to hold Paygine tokens, with patience it will definitely get a profit.
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E C O S T A R T | WE CREATE A CRYPTOCURRENCY FOR OUR PLANET https://eco-start.com/
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YLVolkoVa
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September 27, 2018, 06:08:40 PM |
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Nice one , thanks for the reply . Looks like all is legit and they following SEC regulations as Admin said in telegram group . At start was thinking is just a excuse to get some time to run away . Oh well then good luck to project and lets wait for the exchange after few months I think the team is misleading us. Nothing prevents them from listing the token on the exchange, there is a limit on the sale of team tokens. But there are no restrictions on the sale of tokens by investors... We do not know the exact details and we can not confidently talk about deception, if the team made such a decision, then there are good reasons for this and the community should support them!
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Highquality
Member
Offline
Activity: 257
Merit: 12
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September 28, 2018, 02:14:29 PM |
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Nice one , thanks for the reply . Looks like all is legit and they following SEC regulations as Admin said in telegram group . At start was thinking is just a excuse to get some time to run away . Oh well then good luck to project and lets wait for the exchange after few months I think the team is misleading us. Nothing prevents them from listing the token on the exchange, there is a limit on the sale of team tokens. But there are no restrictions on the sale of tokens by investors... We do not know the exact details and we can not confidently talk about deception, if the team made such a decision, then there are good reasons for this and the community should support them! That's right, we do not know the exact details because the Paigini team did not disclose them to us. My subjective opinion is that this project will go into oblivion and in 3 months everyone will forget about this project ... And now they have started blocking users in chat telegrams for the fact that some of them are asking uncomfortable questions.
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freedomgo
Legendary
Offline
Activity: 3108
Merit: 1146
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September 29, 2018, 01:54:17 AM |
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Nice one , thanks for the reply . Looks like all is legit and they following SEC regulations as Admin said in telegram group . At start was thinking is just a excuse to get some time to run away . Oh well then good luck to project and lets wait for the exchange after few months I think the team is misleading us. Nothing prevents them from listing the token on the exchange, there is a limit on the sale of team tokens. But there are no restrictions on the sale of tokens by investors... We do not know the exact details and we can not confidently talk about deception, if the team made such a decision, then there are good reasons for this and the community should support them! That's right, we do not know the exact details because the Paigini team did not disclose them to us. My subjective opinion is that this project will go into oblivion and in 3 months everyone will forget about this project ... And now they have started blocking users in chat telegrams for the fact that some of them are asking uncomfortable questions. That's not good for investors if it will happen, I think they are just waiting for the right timing for listing. They know if they will rush things it will not give positive results knowing all of us here are very optimistic to have a good price start.
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Highquality
Member
Offline
Activity: 257
Merit: 12
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September 29, 2018, 03:28:28 PM |
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Nice one , thanks for the reply . Looks like all is legit and they following SEC regulations as Admin said in telegram group . At start was thinking is just a excuse to get some time to run away . Oh well then good luck to project and lets wait for the exchange after few months I think the team is misleading us. Nothing prevents them from listing the token on the exchange, there is a limit on the sale of team tokens. But there are no restrictions on the sale of tokens by investors... We do not know the exact details and we can not confidently talk about deception, if the team made such a decision, then there are good reasons for this and the community should support them! That's right, we do not know the exact details because the Paigini team did not disclose them to us. My subjective opinion is that this project will go into oblivion and in 3 months everyone will forget about this project ... And now they have started blocking users in chat telegrams for the fact that some of them are asking uncomfortable questions. That's not good for investors if it will happen, I think they are just waiting for the right timing for listing. They know if they will rush things it will not give positive results knowing all of us here are very optimistic to have a good price start. At the moment they do not have any updates on their site ( https://www.paygine.com/) Their account for the Medium ( https://medium.com/paygine) has been deleted or blocked. They do not make any announcements in their account on Twitter. All this suggests that it is not worth waiting for something good from them ...
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shubuh
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September 29, 2018, 03:37:51 PM |
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That's right, we do not know the exact details because the Paigini team did not disclose them to us. My subjective opinion is that this project will go into oblivion and in 3 months everyone will forget about this project ... And now they have started blocking users in chat telegrams for the fact that some of them are asking uncomfortable questions.
maybe everyone is confused because there is no response when listing on the market. so they asked a lot on the telegram.
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freedomgo
Legendary
Offline
Activity: 3108
Merit: 1146
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September 30, 2018, 06:37:37 AM |
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That's right, we do not know the exact details because the Paigini team did not disclose them to us. My subjective opinion is that this project will go into oblivion and in 3 months everyone will forget about this project ... And now they have started blocking users in chat telegrams for the fact that some of them are asking uncomfortable questions.
maybe everyone is confused because there is no response when listing on the market. so they asked a lot on the telegram. They already have comment about listing, but they do not give expected time to get listed. Most of us are just expecting to get listed the soonest but according to them they have to go through a process and consider the sec requirements prior to listing, that's what I remembered in the telegram chat.
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beami
Full Member
Offline
Activity: 602
Merit: 100
VANM - VIRAL ADVERTISING NETWORK MINING
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September 30, 2018, 08:20:02 AM |
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That's right, we do not know the exact details because the Paigini team did not disclose them to us. My subjective opinion is that this project will go into oblivion and in 3 months everyone will forget about this project ... And now they have started blocking users in chat telegrams for the fact that some of them are asking uncomfortable questions.
maybe everyone is confused because there is no response when listing on the market. so they asked a lot on the telegram. They already have comment about listing, but they do not give expected time to get listed. Most of us are just expecting to get listed the soonest but according to them they have to go through a process and consider the sec requirements prior to listing, that's what I remembered in the telegram chat. Waiting for the time to register is a bit of patience, this process takes time and the holder only offers between holders. I think teams did register this token immediately so there will be no gap.
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