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Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

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Author Topic: Bitcoinflush/satouchipoker scam  (Read 570 times)
thy
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November 03, 2013, 11:27:16 PM
 #1

Bitcoinflush statement on the now locked last thread of there ipo at cryptostocks.
https://bitcointalk.org/index.php?topic=317632.20
"Shares have been bought back against a 0.001 share price giving investors 25% on their current investment. The funds can be withdrawn from the cryptostocks wallet."

Giving investors back 25% of there investments a few days ago is called stealing.

How did you get the 25% number by the way, first you sold shares for 0,0002 on cryptostocks, then later 0,0008, neither of those values makes a buyback at 0,0001 = 25% of the investment !
0,0001/0,0008 is 12.5% by the way in case you dident know that.


Why dident you pay out the dividend the 1 nov to those you got to invest in your scam ?
If you close the listing the 2 nov on cryptostock you are still obligated to payout the dividend that should have been payed out 1 nov accourding to the contract
14 days times 2.5-4 btc per day, should be 50% of 35+ btc then to the 9500? shares, so it should have been 9 times what they payed for the shares on the first dividend...lol

Edit
0,0010/0,0008, an additional 25 % over what people invested it should be.
So an additional 1,9 btc was paid for the shares but he dident payout the 17,5+ btc to the outstanding shares not in the issuers ownership in satoushipoker on cryptostocks giving them -15,6 btc on this buyback plus future dividends lost.


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Bitcycle
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November 03, 2013, 11:36:33 PM
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Latest IPO was at 0.0008, buyback is at 0.0010.  That's 0.0002, or 25%, higher than the IPO price.

Investors made 25% on top of their original investment, which is quite generous.

Whatever his other problems, he handled that issue well and treated the few investors he had nicely.
thy
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November 03, 2013, 11:54:11 PM
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Latest IPO was at 0.0008, buyback is at 0.0010.  That's 0.0002, or 25%, higher than the IPO price.

Investors made 25% on top of their original investment, which is quite generous.

Whatever his other problems, he handled that issue well and treated the few investors he had nicely.
Oups sorry missed a zero there, cryptostocks non excisting info on trades in satouchipoker diden't make things clearer there thou. but even 25% on top of the price is 1,9 btc for around 9500 shares out, he was supposed to pay dividend the 1 nov and on cryptostocks shareholders is only allowed to pay to shares not held by the issuer so the shareholders is still missing those 17,5+btc so it was hardly generous, the investors is still missing 15,9+ btc from dividends.

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