Sou (OP)
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Activity: 210
Merit: 100
(Bitcoin related text here)
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October 07, 2013, 06:42:01 AM |
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https://picostocks.com/stocks/view/31After contacting CoinTerra directly they have responded that they aren't selling any public shares.
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ronaldlee0917
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October 07, 2013, 07:03:43 AM |
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Even not a scam, the stock is not a good buy.
They are seriously overpriced with a market cap of 20m USD and their projected network share of 30% is doubtful.
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Donation: 18zXsfnSvGjQFJ6pEiKMg2uWGcxUCfJLzu Mastercoin - A new protocol layer built on top of Bitcoin |
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Dexter770221
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Activity: 1029
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October 07, 2013, 07:21:37 AM |
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I feel the same way. Perfect timing when radio silence is present... https://picostocks.com/businessplan/31 |
Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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Puppet
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Activity: 980
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October 07, 2013, 08:21:31 AM |
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They are seriously overpriced with a market cap of 20m USD and their projected network share of 30% is doubtful.
Only on bitcointalk   |
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Andrey
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October 07, 2013, 09:56:43 AM |
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Are there any other sources besides this Sou that CoinTerra is not doing IPO on Picostocks? This claim doesn't sound too legit. |
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Sou (OP)
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Activity: 210
Merit: 100
(Bitcoin related text here)
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October 07, 2013, 10:05:09 AM |
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Are there any other sources besides this Sou that CoinTerra is not doing IPO on Picostocks? This claim doesn't sound too legit. You should definitely go buy some. Please, buy some. |
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Andrey
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October 07, 2013, 10:05:53 AM |
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Are there any other sources besides this Sou that CoinTerra is not doing IPO on Picostocks? This claim doesn't sound too legit. You should definitely go buy some. Please, buy some. You don't look very smart pretending there are only 2 options: to believe you or buy some shares. |
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Sou (OP)
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Activity: 210
Merit: 100
(Bitcoin related text here)
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October 07, 2013, 10:25:59 AM |
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Are there any other sources besides this Sou that CoinTerra is not doing IPO on Picostocks? This claim doesn't sound too legit. You should definitely go buy some. Please, buy some. You don't look very smart pretending there are only 2 options: to believe you or buy some shares. There is an infinite amount of options, and i encourage everyone to select the one the suits their own subjective reality the best. Now, if you could keep the personal attacks to a minimum, and stay on topic that would be great. |
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Andrey
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October 07, 2013, 11:26:04 AM |
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There is an infinite amount of options, and i encourage everyone to select the one the suits their own subjective reality the best. Now, if you could keep the personal attacks to a minimum, and stay on topic that would be great.
Where have you said any personal attacks? The only thing I attacked - is the lack of information. I've tried to contact Cointerra, but hadn't succeeded yet. |
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Andrey
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October 07, 2013, 11:27:28 AM |
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The IPO signed by Leszek, I would doubt he will be launching campaign that is that easy to uncover. |
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MPOE-PR
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October 07, 2013, 02:11:08 PM |
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Only on bitcointalk I lolled. |
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jeffhuys
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October 07, 2013, 03:33:19 PM |
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Only on bitcointalk I lolled. I heh'd. |
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killerstorm
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October 07, 2013, 06:43:40 PM
Last edit: October 07, 2013, 07:04:43 PM by killerstorm |
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After contacting CoinTerra directly they have responded that they aren't selling any public shares. I think you misunderstood how PicoStocks works: it is a proxy/passthrough of sorts: It it is a company which buys shares privately (so CoinTerra itself remains a privately owned company), and then sells virtual shares via its platform. They receive dividends as if they were real shares (well, minus fees), but they exist only within PicoStocks accounting system, and you don't become a shareholder if you own these virtual shares. So you shouldn't be asking whether CoinTerra does an IPO, you should ask them whether they plan to sell shares to PicoStocks. This construction is well established outside of Bitcoin world. For example, an investment bank (probably, Goldman Sachs) created a fund which allowed people "to buy Facebook shares" when Facebook was still private. It might be a scam, but you're using wrong terminology. |
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jiefangqian
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October 17, 2013, 02:38:15 PM |
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XBC:B7jR5zX8pBpyjyrcMMiYCQyLVLC6YZjFYh
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LivTru
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Activity: 24
Merit: 0
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October 18, 2013, 03:55:58 PM |
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Did anyone capture the business plan? I would love to take a look. Please post.
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Puppet
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Activity: 980
Merit: 1040
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October 18, 2013, 04:01:59 PM |
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Heh.. Please be reminded that the shares may not be publicly resold. Any subsequent
transfer of the shares shall be governed by the Share Purchase Agreement, the
Company Bylaws, Company’s Amended Article of Incorporation and applicable
Securities laws. Please note that THE SHARES REPRESENTED HAVE NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT
BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED OR HYPOTHECATED UNLESS AND
UNTIL REGISTERED UNDER SUCH ACT AND/OR APPLICABLE STATE SECURITIES
LAW https://picostocks.com/files/31/cointerra.pdf |
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bitmoon
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October 18, 2013, 08:57:14 PM |
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lol.
are u fabrizio tatti from labcoin? |
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bulltrap
Member
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Activity: 76
Merit: 10
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October 18, 2013, 10:04:29 PM |
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Heh.. Please be reminded that the shares may not be publicly resold. Any subsequent
transfer of the shares shall be governed by the Share Purchase Agreement, the
Company Bylaws, Company’s Amended Article of Incorporation and applicable
Securities laws. Please note that THE SHARES REPRESENTED HAVE NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT
BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED OR HYPOTHECATED UNLESS AND
UNTIL REGISTERED UNDER SUCH ACT AND/OR APPLICABLE STATE SECURITIES
LAW https://picostocks.com/files/31/cointerra.pdfHow well do you know the law? Picostocks is not selling any shares, they are just a passthrough for dividend profits and they are not operating in the US. Do you think tytus has not considered the legal aspect of this passthrough? |
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Puppet
Legendary
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Activity: 980
Merit: 1040
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October 18, 2013, 10:11:21 PM |
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Heh.. Please be reminded that the shares may not be publicly resold. Any subsequent
transfer of the shares shall be governed by the Share Purchase Agreement, the
Company Bylaws, Company’s Amended Article of Incorporation and applicable
Securities laws. Please note that THE SHARES REPRESENTED HAVE NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT
BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED OR HYPOTHECATED UNLESS AND
UNTIL REGISTERED UNDER SUCH ACT AND/OR APPLICABLE STATE SECURITIES
LAW https://picostocks.com/files/31/cointerra.pdfHow well do you know the law? Picostocks is not selling any shares, they are just a passthrough for dividend profits and they are not operating in the US. Do you think tytus has not taken any consideration on the legal aspect of this passthrough? That "not operating in the US" argument has been debunked so often now... is picostocks available to US investors? If yes, then they are operating in the US. And you are going to have a bloody hard time explaining this is not somehow pledging shares. Picostocks lists them as "cointerra" shares, not some unnamed passthrough for dividends only, which wouldnt be any more legal btw and begs the question what you are actually buying. Eg, what happens when someone buys cointerra? Do your picostocks "PT" become worthless? Or do they represent actual company shares? |
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