Confession of a Degenerate

[MRKLYE]

Hello all, I have a matter I must get off of my chest as it is eating me alive and I can no longer pretend that I'm ok with it.

I recently started an IPO for my web based porn studio by the name of Klyemax.
The initial IPO offered 250,000 shares at a price of .0001 for a total of 25BTC to start up.
A small amount of the funds were used to procure TLD's as well as for advertising.
The rest I ended up investing into Just-Dice. This is where I made my first mistake.

JD sustained some loses to bankroll and I began to gamble the IPO funds in order to recuperate loses.
At first it was only small amounts I would aim to win to replace any lost funds.
Then the gambling became worse, I started to gamble the funds every other day, often winning half or full BTC and stuffing them in my pocket.

For roughly 8-10 days this went on, And I ended up 14+ BTC. Most of which were used to purchase miners or cashed out and spent on drinks and VLT gambling at a local pub where I was attempting to get the waitresses to come work for me. In hindsight I felt as if I was untouchable and that with all this new found success and ambition I would surely not have to worry about losing either the funds or my sanity.

On may 29th I had deposited the IPO money into my gambling account and began my ritual 33% martingale.
As always the balance of the account began to climb and i watched with excitement and money lust as riches flowwed my direction.

Suddenly everything I had been planning, all of what I was working towards, All of the investment I had sworn to use for good..
It crashed.. I went from 24 BTC down to 10 before I even stopped hitting the "lo" key on my martingale.
My heart sunk in my chest and I felt an unexplainable/unbearable pressure in my chest.
It was at that moment I realized that I had fucked over not only my investors, but myself and my reputation.
Frantically I began betting with the 10 BTC... Trying to recoup the loses I had just endured..
This was all in vain however, I watched my balance drop like a stone in a pond.. I remember as the balance hit zero..
My feeble attempts to recover the BTC were met with tears shortly after it sunk in what I had just done.
The feeling was worse than anything you could possibly imagine.. Akin to losing a family member or worse.

I sat there, in disbelief my emotions wrecked as reality set in that I had made a terrible terrible mistake.

To all investors, I sincerely appologize for misusing the funds you have trusted me with.
It was never my intention to use the funds as I did, I had plans and budgets developed for them.
But my vile nature and greed blinded me.. And I failed you all.

This is a massive set back, which is entirely my fault.

I will continue to try to try and develop Klyemax and get revenue streams flowing. But I have set us back immensely with my own lack of control and inability to know when to stop. This should have never happened and I am deeply troubled by it.

As stated before I will continue to pay out dividends to all invested. Thoughts of suicide have crossed my mind more than a few times in the past week but I am unable to leave my investors high and dry due to my lack of control.
Through porn or through any other revenue stream I can procure I will pay back investors funds in full, This may take me some time but I am not going to bail on the people who shared my vision and supported my en-devour.

This has been very stressful, I have lost countless hours of sleep and had not until now the strength to admit what has been done.
I ask for your understanding and forgiveness at this time.. I also promise to all investors you will receive your investment back via dividends over time and phase 2 is still likely to happen, at which point you are more than welcome to sell off your shares for the agreed face value as stated in the IPO.

Hopefully I can focus more on getting more talent and revenue going to pay back investors more quickly, Given the fact I may be able to sleep at night having gotten this burden out from beneath my heart.

Feel free to PM me hate mail / death threats and neg rep the shit out of me.
I will not run nor hide. I am going to deal with this as I am able to the only way that makes sense at this point in time.

Thank you for taking the time to read this.

Cheers,

Kyle.T

[1714176956]

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[markj113]

Hello all, I have a matter I must get off of my chest as it is eating me alive and I can no longer pretend that I'm ok with it.

I recently started an IPO for my web based porn studio by the name of Klyemax.
The initial IPO offered 250,000 shares at a price of .0001 for a total of 25BTC to start up.
A small amount of the funds were used to procure TLD's as well as for advertising.
The rest I ended up investing into Just-Dice. This is where I made my first mistake.

JD sustained some loses to bankroll and I began to gamble the IPO funds in order to recuperate loses.
At first it was only small amounts I would aim to win to replace any lost funds.
Then the gambling became worse, I started to gamble the funds every other day, often winning half or full BTC and stuffing them in my pocket.

For roughly 8-10 days this went on, And I ended up 14+ BTC. Most of which were used to purchase miners or cashed out and spent on drinks and VLT gambling at a local pub where I was attempting to get the waitresses to come work for me. In hindsight I felt as if I was untouchable and that with all this new found success and ambition I would surely not have to worry about losing either the funds or my sanity.

On may 29th I had deposited the IPO money into my gambling account and began my ritual 33% martingale.
As always the balance of the account began to climb and i watched with excitement and money lust as riches flowwed my direction.

Suddenly everything I had been planning, all of what I was working towards, All of the investment I had sworn to use for good..
It crashed.. I went from 24 BTC down to 10 before I even stopped hitting the "lo" key on my martingale.
My heart sunk in my chest and I felt an unexplainable/unbearable pressure in my chest.
It was at that moment I realized that I had fucked over not only my investors, but myself and my reputation.
Frantically I began betting with the 10 BTC... Trying to recoup the loses I had just endured..
This was all in vain however, I watched my balance drop like a stone in a pond.. I remember as the balance hit zero..
My feeble attempts to recover the BTC were met with tears shortly after it sunk in what I had just done.
The feeling was worse than anything you could possibly imagine.. Akin to losing a family member or worse.

I sat there, in disbelief my emotions wrecked as reality set in that I had made a terrible terrible mistake.

To all investors, I sincerely appologize for misusing the funds you have trusted me with.
It was never my intention to use the funds as I did, I had plans and budgets developed for them.
But my vile nature and greed blinded me.. And I failed you all.

This is a massive set back, which is entirely my fault.

I will continue to try to try and develop Klyemax and get revenue streams flowing. But I have set us back immensely with my own lack of control and inability to know when to stop. This should have never happened and I am deeply troubled by it.

As stated before I will continue to pay out dividends to all invested. Thoughts of suicide have crossed my mind more than a few times in the past week but I am unable to leave my investors high and dry due to my lack of control.
Through porn or through any other revenue stream I can procure I will pay back investors funds in full, This may take me some time but I am not going to bail on the people who shared my vision and supported my en-devour.

This has been very stressful, I have lost countless hours of sleep and had not until now the strength to admit what has been done.
I ask for your understanding and forgiveness at this time.. I also promise to all investors you will receive your investment back via dividends over time and phase 2 is still likely to happen, at which point you are more than welcome to sell off your shares for the agreed face value as stated in the IPO.

Hopefully I can focus more on getting more talent and revenue going to pay back investors more quickly, Given the fact I may be able to sleep at night having gotten this burden out from beneath my heart.

Feel free to PM me hate mail / death threats and neg rep the shit out of me.
I will not run nor hide. I am going to deal with this as I am able to the only way that makes sense at this point in time.

Thank you for taking the time to read this.

Cheers,

Kyle.T

a) May i be the first to say WANKER - not that I invested.
b) nice to see your still advertising Just Dice in your sig.
c) Here's the IPO address for those that may like to trace the transactions to see it they match your story -

1KLYMXp2hiA8UTMRobkmkyw5st4Dbbvzjz

[BayAreaCoins]

You don't need bitcoins to make money in porn.  Just continue your business and continue paying the investors back.  The best way to show everyone you care about paying them back is to do it.

Solo cam 8hrs a day blah blah blah.

You'll live and you will cover this debt, but you better get on that shit because bitcoin could take a serious up swing... it could go to $10 dollars again though too.

I will not release KLYES info unless he runs, but I'm sure if anyone wants it KLYE will be happy to supply it.  

[NotLambchop]

Well this is unexpected

[JimmyJazz]

Hahahaha that was great.
Give that man a medal!

We should go on the piss some time!

[GT3000]

Dude you have a serious personality flaw.

Please seek gambling addiction help.

[Ron~Popeil]

Jesus man. Get some help before you end up dead. I read your IPO and didn't invest because I knew you had a gambling problem and frankly a substance abuse problem as well.

Now you have to make a choice about your life. Words mean precisely nothing. I hope you make the right decisions and lead a long and prosperous life. You will choose your outcome every second of every day. 

25 BTC just pissed away........

[eltortugaloco]

So you gambled away over $16,000 on just dice. The house has a 1% edge, of course you lost.

That is a really insane thing to do with other people's money. It is NOT your money to do what you please with.

It doesn't matter if you feel bad about it, you can and probably will get arrested for this. It is completely illegal to take investments and then gamble it away. The Canadian version of the SEC and the Mounties are gonna come after you.

[Este Nuno]

Well, this is a good first step in getting yourself help and beginning the process of making right.

Definitely don't consider suicide over something like this. Over time you'll look back and be glad you didn't end your life. Consider talking with someone too if your still considering it: www.suicide.org/international-suicide-hotlines.html

[xetsr]

Shocker. What were people thinking investing in someone who is known to hang out at dice sites and gamble? It's not like you tried to hide your past problems either. Investors should be upset but they should have also known better.

[MRKLYE]

Thank you all for you kind words and criticism.

I have a gambling problem for sure. And to those who were quick to call me out on it had the right to do so.
As for substance abuse I'll admit I like to have a few beers, But for the most part I stay off the drugs as of late.

This will be righted in time, I have no plans on running off nor killing myself until every last bitcent is paid back.
I must retain what little honor and dignity I have left and try to move forward from this while mending what was broken.


Cheers,

Kyle.T

[wallet.dat]

Dice games are addicting, man. I lost over 50 BTC to SatoshiDice before lol.. good times.

[Teka]

I don't know what to say....


I did however just watch your rating go from +2 to

Trust: -2: -1 / +2(2)
Warning: Trade with extreme caution!


I do agree with others seek some help. I think it's good that you owned up in public and a great step towards help but actions have consequence so remember that.

[Ron~Popeil]

Thank you all for you kind words and criticism.

I have a gambling problem for sure. And to those who were quick to call me out on it had the right to do so.
As for substance abuse I'll admit I like to have a few beers, But for the most part I stay off the drugs as of late.

This will be righted in time, I have no plans on running off nor killing myself until every last bitcent is paid back.
I must retain what little honor and dignity I have left and try to move forward from this while mending what was broken.


Cheers,

Kyle.T

I hope you do recover man. i was harsh in my post above but people need to be told the truth sometimes. You are young enough to change your life and I really hope you do. 

[stompysteve]

I read thru the posts when this IPO first came out cuz lol
sorry to say i saw this coming from a whiles away just from your first post

best of luck in camwhoring 25 BTC back

[eltortugaloco]

When he earns 1 BTC back he'll be back in the casino.

[DiamondCardz]

I don't think you can come back from losing this much money, something of that magnitude will take ages to earn back through your business and your reputation has been pretty much utterly destroyed now.

[cooldgamer]

On may 29th I had deposited the IPO money into my gambling account and began my ritual 33% martingale.
As always the balance of the account began to climb and i watched with excitement and money lust as riches flowwed my direction.

What the fuck?  Just skimmed through most of it, but why the fuck would you gamble with investor money?  It should have never been invested in a gambling site, and you should have never tried to make back the loss.

It's people like you that give BTC securities a bad name.

[m5j0r]

I hate whores/prost./porn and this whole field of "business". I think it's total degen. KLYE can also be an asshat. And gambling investors funds away is probably one of the worst things you could possibly do.

But no matter what I think of him or his ways personally, you have to admit that things like that:

This will be righted in time, I have no plans on running off nor killing myself until every last bitcent is paid back.
I must retain what little honor and dignity I have left and try to move forward from this while mending what was broken.

are something that takes courage.

Keep your eyes on him, get yourself your money back, do whatever possible, thats what every investor would do.

But don't just be assholes.

It seems he is trying sincerely and that is rare to find on the internet.

a lose-lose situation for everybody - so dont make it worse

[ruru]

https://i.imgur.com/UQIPtSU.jpg