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Author Topic: [ANN] ERMIS (ERM) WALLET RELEASED |The Merchant Coin| Proof of Investment |  (Read 114410 times)
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October 17, 2014, 12:06:42 AM
 #81

This is really exciting to watch!! Grin
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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erwin45
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October 17, 2014, 03:20:57 AM
 #82

https://bitcointalk.org/index.php?topic=826137

Bahasa Indonesia translation is done  Grin no need for me to use google translate , its my native language and im good in english Grin

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October 17, 2014, 03:29:17 AM
Last edit: October 17, 2014, 04:14:30 AM by lionheart78
 #83

https://bitcointalk.org/index.php?topic=826137

Bahasa Indonesia translation is done  Grin no need for me to use google translate , its my native language and im good in english Grin

It's good to know that this thread is posted to Indonesian community, pls. make sure that  you pm'ed DailyModo for this ^^, anyway as you can see one of the priority project of this thread is trading handicraft, am sure you noticed Indonesian Craft there, fabrics. bamboo craft, rattan craft, wood carvings and wayang puppet, im not from Indonesia but 2 in our team is from that place, another thing is another priority project will be hosted there if fund permits it ^^, hopefully we hit the target here so you can see yourself how our project develop there in your country ^^,

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erwin45
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October 17, 2014, 03:36:03 AM
 #84

https://bitcointalk.org/index.php?topic=826137

Bahasa Indonesia translation is done  Grin no need for me to use google translate , its my native language and im good in english Grin

It's good to know that this thread is posted to Indonesian community, pls. make sure that  you pm'ed DailyModo for this ^^, anyway as you can see one of the priority project of this thread is trading handicraft, am sure you noticed Indonesian Craft there, fabrics. bamboo craft, rattan craft, wood carvings and wayang puppet, im not from Indonesia but 2 of our team is from that place, another thing is another priority project will be hosted there if fund permits it ^^, hopefully we hit the target here so you can see yourself how our project develop there in your country ^^,



PM'ed him, yes i saw that

2 of your team? what city are they in ?Cheesy gonna visit them if they are close to my city lol

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October 17, 2014, 03:47:36 AM
 #85

https://bitcointalk.org/index.php?topic=826137

Bahasa Indonesia translation is done  Grin no need for me to use google translate , its my native language and im good in english Grin

It's good to know that this thread is posted to Indonesian community, pls. make sure that  you pm'ed DailyModo for this ^^, anyway as you can see one of the priority project of this thread is trading handicraft, am sure you noticed Indonesian Craft there, fabrics. bamboo craft, rattan craft, wood carvings and wayang puppet, im not from Indonesia but 2 of our team is from that place, another thing is another priority project will be hosted there if fund permits it ^^, hopefully we hit the target here so you can see yourself how our project develop there in your country ^^,



PM'ed him, yes i saw that

2 of your team? what city are they in ?Cheesy gonna visit them if they are close to my city lol

they are from yogyakarta i think there is a Bitcoin event in their place today. I think Oscar Darmawan, CEO of bitcoin.co.id is paying them a visit
^^,

If you want you can add him in FB.  His personal FB ID www.facebook.com/wakhidNkcom

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DailyModo (OP)
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October 17, 2014, 05:52:40 AM
 #86

https://bitcointalk.org/index.php?topic=826137

Bahasa Indonesia translation is done  Grin no need for me to use google translate , its my native language and im good in english Grin

Thank you I confirm I have received your inbox.

Betting on esports with crypto's and steam items has never been easier.
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October 17, 2014, 05:56:59 AM
 #87

Latest update on the OP : IPO details link -- Translators Reward link

Betting on esports with crypto's and steam items has never been easier.
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erwin45
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October 17, 2014, 11:19:43 AM
 #88

https://bitcointalk.org/index.php?topic=826137

Bahasa Indonesia translation is done  Grin no need for me to use google translate , its my native language and im good in english Grin

It's good to know that this thread is posted to Indonesian community, pls. make sure that  you pm'ed DailyModo for this ^^, anyway as you can see one of the priority project of this thread is trading handicraft, am sure you noticed Indonesian Craft there, fabrics. bamboo craft, rattan craft, wood carvings and wayang puppet, im not from Indonesia but 2 of our team is from that place, another thing is another priority project will be hosted there if fund permits it ^^, hopefully we hit the target here so you can see yourself how our project develop there in your country ^^,



PM'ed him, yes i saw that

2 of your team? what city are they in ?Cheesy gonna visit them if they are close to my city lol

they are from yogyakarta i think there is a Bitcoin event in their place today. I think Oscar Darmawan, CEO of bitcoin.co.id is paying them a visit
^^,

If you want you can add him in FB.  His personal FB ID www.facebook.com/wakhidNkcom


yes i know that guy Cheesy, im in contact with him sometimes, yes today CEO of Bitcoins Indonesia is having a gathering sponsored by them Cheesy

lionheart78
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October 17, 2014, 03:56:17 PM
 #89

https://bitcointalk.org/index.php?topic=826137

Bahasa Indonesia translation is done  Grin no need for me to use google translate , its my native language and im good in english Grin

It's good to know that this thread is posted to Indonesian community, pls. make sure that  you pm'ed DailyModo for this ^^, anyway as you can see one of the priority project of this thread is trading handicraft, am sure you noticed Indonesian Craft there, fabrics. bamboo craft, rattan craft, wood carvings and wayang puppet, im not from Indonesia but 2 of our team is from that place, another thing is another priority project will be hosted there if fund permits it ^^, hopefully we hit the target here so you can see yourself how our project develop there in your country ^^,



PM'ed him, yes i saw that

2 of your team? what city are they in ?Cheesy gonna visit them if they are close to my city lol

they are from yogyakarta i think there is a Bitcoin event in their place today. I think Oscar Darmawan, CEO of bitcoin.co.id is paying them a visit
^^,

If you want you can add him in FB.  His personal FB ID www.facebook.com/wakhidNkcom


yes i know that guy Cheesy, im in contact with him sometimes, yes today CEO of Bitcoins Indonesia is having a gathering sponsored by them Cheesy

Good to know, Wakhid is one of 7 from ERMIS team who had done PoD for the coin

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dukektm
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October 17, 2014, 08:03:44 PM
 #90

i really believe in this team and it's project as for that let me be the first one to invest.  sent PM to DailyModo thank you

Edit: Invested 0.3 BTC

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October 17, 2014, 08:23:06 PM
Last edit: October 17, 2014, 11:05:19 PM by lionheart78
 #91

i really believe in this team and it's project as for that let me be the first one to invest.  sent PM to DailyModo thank you

Edit: Invested 0.3 BTC


Thanks for trusting us Dukektm, we will make sure your investment worth it, btw, we have activities scheduled next week, we will be meeting up with people, investors and possible investors alike, we are bringing out crypto in the street ^^,. well that is one of the mission of ERMIS anyway.. Crypto (not just ERMIS) Mass awareness and adoption.  

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serjent05
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October 18, 2014, 02:32:09 AM
 #92

i really believe in this team and it's project as for that let me be the first one to invest.  sent PM to DailyModo thank you

Edit: Invested 0.3 BTC


Thanks for trusting us Dukektm, we will make sure your investment worth it, btw, we have activities scheduled next week, we will be meeting up with people, investors and possible investors alike, we are bringing out crypto in the street ^^,. well that is one of the mission of ERMIS anyway.. Crypto (not just ERMIS) Mass awareness and adoption.  

I trust the team too and i see the project more realistic than others, i will be next to invest in this just waiting for my PBMINING Payout even if  it's not that big,  investing to a right project is better than any hype pump and dump coins!

.
.HUGE.
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dukektm
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October 18, 2014, 12:59:12 PM
 #93

i really believe in this team and it's project as for that let me be the first one to invest.  sent PM to DailyModo thank you

Edit: Invested 0.3 BTC


Thanks for trusting us Dukektm, we will make sure your investment worth it, btw, we have activities scheduled next week, we will be meeting up with people, investors and possible investors alike, we are bringing out crypto in the street ^^,. well that is one of the mission of ERMIS anyway.. Crypto (not just ERMIS) Mass awareness and adoption.  

ill invite my friends to invest in this project too  Smiley

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October 18, 2014, 01:24:52 PM
 #94

Hello Ermiscoin team, would you be so kind as to answer a few questions which will help put potential investors minds at ease?

1. I see you are running yourselves as a business. Can you please point us to where this business is registered and its address so we can see it online so investors know this is not a scam.

2. As this is a business and its aim is to make money can you please inform us if you are registered with the tax authorities with each of the countries you are operating in and if all your staff are having tax paid on their earnings.

3. Could you confirm who the team behind the coin are and who the staff are.

4. Please could you also confirm if tax is being paid on any IPO income. Obviously you wouldn't have an IPO without doing this so it would be helpful to know this to get rid of any doubts early.

I am sure you have this information to hand and can put potential investors minds at ease. I look forward to checking up on the information provided to ensure that this coin is legitimate and not another scam and that all taxes are being paid where needed.

It will be good to see an honest coin for once that has truly done its homework and in turn is fully protecting its investors investments.

Thank you in advance.
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October 18, 2014, 02:38:36 PM
 #95

Hello Ermiscoin team, would you be so kind as to answer a few questions which will help put potential investors minds at ease?

1. I see you are running yourselves as a business. Can you please point us to where this business is registered and its address so we can see it online so investors know this is not a scam.

2. As this is a business and its aim is to make money can you please inform us if you are registered with the tax authorities with each of the countries you are operating in and if all your staff are having tax paid on their earnings.

3. Could you confirm who the team behind the coin are and who the staff are.

4. Please could you also confirm if tax is being paid on any IPO income. Obviously you wouldn't have an IPO without doing this so it would be helpful to know this to get rid of any doubts early.

I am sure you have this information to hand and can put potential investors minds at ease. I look forward to checking up on the information provided to ensure that this coin is legitimate and not another scam and that all taxes are being paid where needed.

It will be good to see an honest coin for once that has truly done its homework and in turn is fully protecting its investors investments.

Thank you in advance.

Thanks for bringing this up and thus a valid question. i will gladly answer this.

1. We do run a business but as for this matter we want an exclusive one licensed under ERMIS to avoid any confusion mixing personal properties and ERMIS property. We are operating in different countries but mostly the first 2 major projects will involve Philippines and Indonesia since the goods which we are aiming to trade: the agency and lathe workshop are based there. Please read the quoted info below and please consider the tense of the sentence.


Quote
ERM as a Merchant

ERM is targeting the wholesaling industry dealing with countries and supplying merchandise worldwide, which we believe to be one of the foundation for value stabilization. Though many coins declare to "find merchant adoption", IPO or non-IPO alike, they barely target to be merchants themselves. It will be difficult to realize this goal since that requires serious responsibility and dedication to this effort undertaken by both the developers and the community. As a starter, the ERM team has decided to cater commodities (branded/generic), provide mining rigs and unique local goods such as handicraft from countries, for example, Indonesia and Philippines at this moment (more will be available later on). Additionally to this investment, as a Merchant Ermis will provide many manufactured products which have already proven to provide a high profitable return.

Here are some examples that ERM is aiming to trade at the launch.




2. Yes I can confirm the people who will run this businesses are registered with the tax authorities with each of the countries they live in. With regards to staff (are you assuming ERMIS is already running here?) please look at the quoted message below and observe the underlined one.

Quote
The ERM team will make supplies available for sale. This will particularly distinguish us from all other cryptocoins, since ERM will acquire real stores. The 1st priority ERM targets at is to nourish and establish the coin value by setting up not only profit generating assets through investment, but also real goods to generate HIGH profits. For this, the team plans to build a low cost industry but yielding high profits (this should differ from gambling or anything similar). Depending on the availability of funds, we will join the lathe industry by funding a noddle comb / roller /mixer manufacturing shop. This will assure us a very high profit (aka, low capital yet high returns; we're excited about this whole project ourselves). We already have skilled and knowledgeable people lined up ready to make this happen. We also contacted a person who can help ERM to establish it's own bag making craft using straws, accessory making using beads and other craft using the same content.
They already done the PoD rating of Cryptoasian and still waiting for the release.

3.By asking to confirm who the staff is, if you mean the one's which are going to be handling the businesses directly then yes their identity will become public since they will be running the operations in their countries. If you are asking for the team staff identity, we already have contacted Cryptoasian for the POD verification. Our team has many people from writers to coders. They all have submitted POD request but to go as far as publicly sharing their ids this is their right not to do so. In any case by doing POD we are already sharing our ids with cryptoasian which the main reference for identity verification.


4. Your question deserve an answer, an answer you will receive in due time if everything goes according our plans. If you are really concerned by the taxation issue we confirm you everything will be done in regulation with the law of the countries we involve our selves. Since Ermis is still in the ipo stage there is no further information to provide until IPO is settled and funds are invested.

Thank you for your concern and yes you are doing your homework which is totally understandable.

Thank you,
Ermis Team

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October 18, 2014, 05:02:02 PM
 #96

Does all of your merchants there are really connected to ermis??
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October 18, 2014, 05:53:37 PM
 #97

Hello Ermiscoin team, would you be so kind as to answer a few questions which will help put potential investors minds at ease?

1. I see you are running yourselves as a business. Can you please point us to where this business is registered and its address so we can see it online so investors know this is not a scam.

2. As this is a business and its aim is to make money can you please inform us if you are registered with the tax authorities with each of the countries you are operating in and if all your staff are having tax paid on their earnings.

3. Could you confirm who the team behind the coin are and who the staff are.

4. Please could you also confirm if tax is being paid on any IPO income. Obviously you wouldn't have an IPO without doing this so it would be helpful to know this to get rid of any doubts early.

I am sure you have this information to hand and can put potential investors minds at ease. I look forward to checking up on the information provided to ensure that this coin is legitimate and not another scam and that all taxes are being paid where needed.

It will be good to see an honest coin for once that has truly done its homework and in turn is fully protecting its investors investments.

Thank you in advance.

Thanks for bringing this up and thus a valid question. i will gladly answer this.

1. We do run a business but as for this matter we want an exclusive one licensed under ERMIS to avoid any confusion mixing personal properties and ERMIS property. We are operating in different countries but mostly the first 2 major projects will involve Philippines and Indonesia since the goods which we are aiming to trade: the agency and lathe workshop are based there. Please read the quoted info below and please consider the tense of the sentence.


Quote
ERM as a Merchant

ERM is targeting the wholesaling industry dealing with countries and supplying merchandise worldwide, which we believe to be one of the foundation for value stabilization. Though many coins declare to "find merchant adoption", IPO or non-IPO alike, they barely target to be merchants themselves. It will be difficult to realize this goal since that requires serious responsibility and dedication to this effort undertaken by both the developers and the community. As a starter, the ERM team has decided to cater commodities (branded/generic), provide mining rigs and unique local goods such as handicraft from countries, for example, Indonesia and Philippines at this moment (more will be available later on). Additionally to this investment, as a Merchant Ermis will provide many manufactured products which have already proven to provide a high profitable return.

Here are some examples that ERM is aiming to trade at the launch.

2. Yes I can confirm the people who will run this businesses are registered with the tax authorities with each of the countries they live in. With regards to staff (are you assuming ERMIS is already running here?) please look at the quoted message below and observe the underlined one.

Quote
The ERM team will make supplies available for sale. This will particularly distinguish us from all other cryptocoins, since ERM will acquire real stores. The 1st priority ERM targets at is to nourish and establish the coin value by setting up not only profit generating assets through investment, but also real goods to generate HIGH profits. For this, the team plans to build a low cost industry but yielding high profits (this should differ from gambling or anything similar). Depending on the availability of funds, we will join the lathe industry by funding a noddle comb / roller /mixer manufacturing shop. This will assure us a very high profit (aka, low capital yet high returns; we're excited about this whole project ourselves). We already have skilled and knowledgeable people lined up ready to make this happen. We also contacted a person who can help ERM to establish it's own bag making craft using straws, accessory making using beads and other craft using the same content.
They already done the PoD rating of Cryptoasian and still waiting for the release.

3.By asking to confirm who the staff is, if you mean the one's which are going to be handling the businesses directly then yes their identity will become public since they will be running the operations in their countries. If you are asking for the team staff identity, we already have contacted Cryptoasian for the POD verification. Our team has many people from writers to coders. They all have submitted POD request but to go as far as publicly sharing their ids this is their right not to do so. In any case by doing POD we are already sharing our ids with cryptoasian which the main reference for identity verification.


4. Your question deserve an answer, an answer you will receive in due time if everything goes according our plans. If you are really concerned by the taxation issue we confirm you everything will be done in regulation with the law of the countries we involve our selves. Since Ermis is still in the ipo stage there is no further information to provide until IPO is settled and funds are invested.

Thank you for your concern and yes you are doing your homework which is totally understandable.

Thank you,
Ermis Team


Thank you for your reply.

I look forward to seeing the full information when it is released. Are the team that created Ermiscoin considered staff? As they will have some control over the currency and will also be working for it I expect they are so they can be held accountable if anything untoward happens. Will you be publishing who the top Ermiscoin staff are rather than any front line manufacturing workers so investors know who they are investing in? As this is a business I imagine you will be doing this and having the information available online for your investors to see. It would be good to see their linkdIn accounts for example so we get an idea of their past experience. Last thing investors want is to invest in people with no experience who pretend to be experts which is what happens in most cryptocurrencies that are released.

As the Ermis team are working and making money then the team is classed as a business and I was wondering where the business is registered, what its address is and is it going to be paying tax on any payments it makes to the Ermiscoin team members for services provided? Also where would we be able to view the detailed accounts to make sure everything is above board and the funds are going where they should?

It would be great if you could provide the online link to the business registration to prove that one exists before people start investing so they can see some online evidence and even physically visit the premises to see if it exists.

Sorry for all the questions but I like to know exactly what I am investing in especially when it comes to cryptocurrencies. Once the information is provided I will do the checks with the relevant authorities of all countries involved and if it all turns out to be above board I will write my report here for all to see which will help the currencies image quite considerably.

Thank you for your time.
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October 19, 2014, 02:24:27 AM
 #98

Hello Ermiscoin team, would you be so kind as to answer a few questions which will help put potential investors minds at ease?

1. I see you are running yourselves as a business. Can you please point us to where this business is registered and its address so we can see it online so investors know this is not a scam.

2. As this is a business and its aim is to make money can you please inform us if you are registered with the tax authorities with each of the countries you are operating in and if all your staff are having tax paid on their earnings.

3. Could you confirm who the team behind the coin are and who the staff are.

4. Please could you also confirm if tax is being paid on any IPO income. Obviously you wouldn't have an IPO without doing this so it would be helpful to know this to get rid of any doubts early.

I am sure you have this information to hand and can put potential investors minds at ease. I look forward to checking up on the information provided to ensure that this coin is legitimate and not another scam and that all taxes are being paid where needed.

It will be good to see an honest coin for once that has truly done its homework and in turn is fully protecting its investors investments.

Thank you in advance.

Thanks for bringing this up and thus a valid question. i will gladly answer this.

1. We do run a business but as for this matter we want an exclusive one licensed under ERMIS to avoid any confusion mixing personal properties and ERMIS property. We are operating in different countries but mostly the first 2 major projects will involve Philippines and Indonesia since the goods which we are aiming to trade: the agency and lathe workshop are based there. Please read the quoted info below and please consider the tense of the sentence.


Quote
ERM as a Merchant

ERM is targeting the wholesaling industry dealing with countries and supplying merchandise worldwide, which we believe to be one of the foundation for value stabilization. Though many coins declare to "find merchant adoption", IPO or non-IPO alike, they barely target to be merchants themselves. It will be difficult to realize this goal since that requires serious responsibility and dedication to this effort undertaken by both the developers and the community. As a starter, the ERM team has decided to cater commodities (branded/generic), provide mining rigs and unique local goods such as handicraft from countries, for example, Indonesia and Philippines at this moment (more will be available later on). Additionally to this investment, as a Merchant Ermis will provide many manufactured products which have already proven to provide a high profitable return.

Here are some examples that ERM is aiming to trade at the launch.




2. Yes I can confirm the people who will run this businesses are registered with the tax authorities with each of the countries they live in. With regards to staff (are you assuming ERMIS is already running here?) please look at the quoted message below and observe the underlined one.

Quote
The ERM team will make supplies available for sale. This will particularly distinguish us from all other cryptocoins, since ERM will acquire real stores. The 1st priority ERM targets at is to nourish and establish the coin value by setting up not only profit generating assets through investment, but also real goods to generate HIGH profits. For this, the team plans to build a low cost industry but yielding high profits (this should differ from gambling or anything similar). Depending on the availability of funds, we will join the lathe industry by funding a noddle comb / roller /mixer manufacturing shop. This will assure us a very high profit (aka, low capital yet high returns; we're excited about this whole project ourselves). We already have skilled and knowledgeable people lined up ready to make this happen. We also contacted a person who can help ERM to establish it's own bag making craft using straws, accessory making using beads and other craft using the same content.
They already done the PoD rating of Cryptoasian and still waiting for the release.

3.By asking to confirm who the staff is, if you mean the one's which are going to be handling the businesses directly then yes their identity will become public since they will be running the operations in their countries. If you are asking for the team staff identity, we already have contacted Cryptoasian for the POD verification. Our team has many people from writers to coders. They all have submitted POD request but to go as far as publicly sharing their ids this is their right not to do so. In any case by doing POD we are already sharing our ids with cryptoasian which the main reference for identity verification.


4. Your question deserve an answer, an answer you will receive in due time if everything goes according our plans. If you are really concerned by the taxation issue we confirm you everything will be done in regulation with the law of the countries we involve our selves. Since Ermis is still in the ipo stage there is no further information to provide until IPO is settled and funds are invested.

Thank you for your concern and yes you are doing your homework which is totally understandable.

Thank you,
Ermis Team


Thank you for your reply.

I look forward to seeing the full information when it is released. Are the team that created Ermiscoin considered staff? As they will have some control over the currency and will also be working for it I expect they are so they can be held accountable if anything untoward happens. Will you be publishing who the top Ermiscoin staff are rather than any front line manufacturing workers so investors know who they are investing in? As this is a business I imagine you will be doing this and having the information available online for your investors to see. It would be good to see their linkdIn accounts for example so we get an idea of their past experience. Last thing investors want is to invest in people with no experience who pretend to be experts which is what happens in most cryptocurrencies that are released.

As the Ermis team are working and making money then the team is classed as a business and I was wondering where the business is registered, what its address is and is it going to be paying tax on any payments it makes to the Ermiscoin team members for services provided? Also where would we be able to view the detailed accounts to make sure everything is above board and the funds are going where they should?

It would be great if you could provide the online link to the business registration to prove that one exists before people start investing so they can see some online evidence and even physically visit the premises to see if it exists.

Sorry for all the questions but I like to know exactly what I am investing in especially when it comes to cryptocurrencies. Once the information is provided I will do the checks with the relevant authorities of all countries involved and if it all turns out to be above board I will write my report here for all to see which will help the currencies image quite considerably.

Thank you for your time.


Quote
I look forward to seeing the full information when it is released.

As answered previously we will make sure all the required informations is provided but for now we have not started anything in order to release anything.

Quote
Are the team that created Ermiscoin considered staff? As they will have some control over the currency and will also be working for it I expect they are so they can be held accountable if anything untoward happens.

No the team that created Ermiscoin are not the actual staff for what i can say of the 2 main projects answered in your previous question. Also as we have already stated our whole team went trough the  POD verification which we will announce as soon we receive an update from cryptoasian. And yes we are held accountable if anything untoward happens this is why POD process was done.

Quote
Will you be publishing who the top Ermiscoin staff are rather than any front line manufacturing workers so investors know who they are investing in?

Let me re-quote myself from my previous answer.
[quote from: Dailymodo]3.By asking to confirm who the staff is, if you mean the one's which are going to be handling the businesses directly then yes their identity will become public since they will be running the operations in their countries. If you are asking for the team staff identity, we already have contacted Cryptoasian for the POD verification. Our team has many people from writers to coders. They all have submitted POD request but to go as far as publicly sharing their ids this is their right not to do so. In any case by doing POD we are already sharing our ids with cryptoasian which the main reference for identity verification.[/quote]

Quote
As this is a business I imagine you will be doing this and having the information available online for your investors to see. It would be good to see their linkdIn accounts for example so we get an idea of their past experience. Last thing investors want is to invest in people with no experience who pretend to be experts which is what happens in most cryptocurrencies that are released.

You can have this ph.linkedin.com/pub/dxn064109250-gitph561336/a6/904/1b4/ one of the team's 2 ID there u can verify it to cryptoasian if you find his name once pod is officially announced done. But as i said previously these informations of the actual staff running these business are only to be disclosed once these businesses are going live, since we will clearly not put out public information out there if these projects aren't going forward and if they aren't going forward ipo will be refunded to the investors we have nothing to hide right now and thats why we used a well known escrower to hold the funds.

Quote
As the Ermis team are working and making money then the team is classed as a business

Actually this isn't true, go torugh 99% of the altcoins threads and show me every single on of their business registration. This is not how it works.
But this process will take place eventually when the businesses projects are about to take place.

Quote
and I was wondering where the business is registered, what its address is and is it going to be paying tax on any payments it makes to the Ermiscoin team members for services provided? Also where would we be able to view the detailed accounts to make sure everything is above board and the funds are going where they should?

As for the general public once ERMIS company is registered we can provide the link and place where it can be found, as for the company documents including payout and taxes, ONLY INVESTORS can have a look at the documents as there is no reason for us to bring this public. This will only concerns the initial investors since they will be the one holding shares of the company.

Quote
It would be great if you could provide the online link to the business registration to prove that one exists before people start investing so they can see some online evidence and even physically visit the premises to see if it exists.

This question has been answered multiple times. POD is in process of being delivered and I will ask you to please take the time to read my answers before repeating the same question over and over but your concerns are legitimate concerns and they are being adresses I hope.


Quote
Sorry for all the questions but I like to know exactly what I am investing in especially when it comes to cryptocurrencies. Once the information is provided I will do the checks with the relevant authorities of all countries involved and if it all turns out to be above board I will write my report here for all to see which will help the currencies image quite considerably.

The information will indeed be provided and you can have cryptoasian cooperation on this matter we hope. We would also like you once these verification process happen to share it there with every other investors but for now as we've explained previously this process will have to wait until we proceed with our main projects. In the mean time you can contact cryptoasian and ask if we are really in the process of POD verification thats as far as you could go for now.

Thank you.

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October 19, 2014, 06:50:13 AM
 #99

I think this project should be trustful, asking for additional proof is excess, well you can always ask for that but mostly focusing on the project itself should be more the important part regarding ROI. I can see a good concept here.


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October 19, 2014, 07:19:15 AM
 #100

I think this project should be trustful, asking for additional proof is excess, well you can always ask for that but mostly focusing on the project itself should be more the important part regarding ROI. I can see a good concept here.

Indeed, but as for the investors peace of mind we have PoD on its way(this isnt an ordinary one man PoD this is Team PoD), and hey we have escrow  holding funds.  The good thing is whenever we failed to launch the coin, you can have your investment back not like other coin where  your investment is non-revocable whether they failed or not.  We do aim to be in exchange platform after launch coz it is needed for the primary part of the plan.  Wink

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