People will see and hear what they want. To be so explicit and certain, despite not having read and viewed all of the evidence is a great failure in my view, because anyone reading that stuff who had even a shred of business acumen would walk, period.
Having seen, read and heard large parts of the Google Groups Archive while it was still public I know that if I had any money on GAW products I'd get it out as fast as I could.
The state of their business is in disarray that much was clear. The mounting debts and the lack of money was also clear. Thats not the sign of a flourishing and thriving company.
The demands by Joe Mordica for settlement for significant amount of money....
Things that were ABSENT however, were communications with vendors (not one of the 100k were there from what i saw) and developers and other entities you would expect communicated between a CEO and prospects. In fact a number of things were absent so that leaves a number of questions remaining.
So, MrCoins motives? Clearly money. But I see a problem with the way that he cheerleads others into what, with decent investigation, is a flawed and vulnerable business. To ignore vitally important facts while giving "investment advice" is taking him up a path that has potentially bad outcomes. The lack of disclosure from GAW (and MrCoins lack of acknowledgement) about hacking, about the loss of staff, about the CEO walking away, the total lack of Blockchain transparency (from a business that supposed to be a leader in it LOL) and of course the SEC investigation, are all investment details that should be openly available and not suppressed out of fear of losing customers and more importantly examined for the business impact past, present and future. There appears to be an outright refusal to believe that ANY misbehaviour has occurred at all, and that to me speaks volumes.
When one espouses ones view on forums in a manner that is known to "motivate the troops" despite claiming a mere "personal desire to state ones personal position", one becomes part of the overall problem i.e. information sterilisation and obfusctication. And yes, using the semantics to validate minor points that are "Not what was advertised" is weak at best.
It will be interesting to see how the SEC interacts with the UK authorities over this one, as I'd be prepared to lay a bet that a statement will sought from MrCoins about any and all comms he has had from JG and any and all payments made by JG to MrCoins. We know some have taken place. How will this be seen by the UK/US people investigating in conjunction with a thorough look at posting histories?
I still don't believe it's malice aforethought, but self interest seems to be obscuring good business decisions and advice. That others are buying into these "personal opinions" so deeply, is probably the most disturbing.
There are now so many things wrong at GAW and HT that its taking the indoctrination and cheerleading to keep it afloat.
The Google Group Info btw was public not stolen, minor but important detail. The reason there was a lack of positives btw is because there weren't any. The Group archive was either spam mails, support tickets or requests for payment in the majority of cases. There we no "Job well done", "Contract Deal agreed with {insert merchant here}" etc etc
from a recent posting....
Allegation: SEC Investigating GAW (January/CoinFire)
False. The was no SEC investigation. CF reported there was, XPY tanked. The emails prove there was no such investigation at the time. They do however show that the SEC have subpoena GAW for information on February 6th. It also shows GAW efforts to comply by February 27th.
Ummm not hard this one. Coinfire had info that SEC were doing something from a source in the SEC, that would have been in January. At this point, the SEC would have received numerous complaints and would have been compiling a file of what would be needed in terms of information and data. In the supoena you notice they have an extensive list of requests. To format that takes time, over a week - infact I'd say at least 3, again pushing back into January. That GAW didn't hear until the 6th doesn't mean it was FUD, it meant that CF knew about the impending action before GAW because of that inside source... see not hard. Failed defence. Sorry Colin But you see what you want to see....I would post this on HT btw but I've been shadow slapped for being honest and presenting truth again.
