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Author Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo  (Read 780930 times)
DecentralizeEconomics
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December 05, 2016, 06:52:15 AM
 #3661


A House Divided Against Itself Cannot Stand.

Do NOT split the money with Greg.  Synereo AMP holders and Synereo LTD equity investors do NOT win in this outcome.

I really like the idea.
Why not just let the crowd decide what they prefer ?

Your opininon doesn't necessary mean being everyones.

In the end Rchain might be worth 0, if it is worthless like you say, so you have nothing to loose at this anyway.



I want to be very clear here, because this is a critical point.

When the AMP crowdsale was being conducted and Synereo LTD equity was being sold on BTTF, by Greg's own admission he was a co-founder and CTO of Synereo.  Therefore, when funds were raised, everyone was under the assumption that Greg's work would be part of the Synereo product.  Greg never disclosed in any of the documentation the intentions that he is declaring now that his work would be separate and not benefit AMP holders or Synereo LTD equity investors.  Greg himself admits this to be the case.  Only after the fact, did Greg suddenly change his tune and declare that he couldn't work with anyone on the team and that all his "contributions" would be segregated into a separate legal and financial entity, "non-profit" or otherwise, and not directly benefit AMP or Synereo LTD equity holders.  This constitutes a "breach of faith" on the part of Lucius Gregory Meredith and not on the rest of the Synereo LTD team.  It was Synereo LTD who sold the AMPs and the equity.  It was NOT Greg.  There is a very clear distinction here.  Greg was the "CTO", a single employee acting in bad faith.  To the surprise of the rest of the company, AMP holders, and Synereo LTD equity investors, he declared that he was leaving to start another legal and financial entity and now wants Synereo LTD funds.

Let us be clear...

It was Greg who stated that he couldn't work with anyone in the company anymore and demanded the CEO's resignation.
It was Greg who declared that he was starting another legal and financial entity apart from Synereo.
It was Greg who started talks with disgruntled, former employees, contractors and random individuals online.
It was Greg who announced his intentions to debase and devalue AMPs and Synereo LTD equity.
It was Greg who decided to publicly air his personal grievances knowing the financial harm it would cause AMP holders and Synereo LTD equity investors.

Clearly, Greg is the one who left Synereo and abandoned his responsibility to everyone who supported him and up to this point, financed him.  Greg is the one acting in bad faith.  If Greg was acting with good intentions, why didn't he make his claims before the crowdsale and equity offer?  The reason is simple... Greg only cares about the money.  Greg withheld his grievances until the crowdsale and equity sale was over because Greg wanted to be sure that there was money available for him to attempt to extort from all of us.  Greg wants OUR investment money, but he doesn't care about OUR return on investment.  Greg acted in his own self-interest and is now attempting to blackmail and manipulate all of us into giving him OUR money.  Lucius Gregory Meredith is a liar, a cheat, and a thief.  Legally, Greg has ZERO recourse or claim to any of OUR funds that we gave to Synereo LTD in good faith expecting them to allocate them in accordance to OUR best interests in the hopes that it would facilitate a return.

Nobody, who bought AMPs or Synereo LTD equity, invested in Greg or in the separate legal and financial entity that he wants to form.  If Greg wanted to see that RChain was funded, he should have stayed with the company, Synereo LTD, and declared his intentions to see that AMP holders and Synereo LTD equity investors would be the sole and main financial beneficiaries, which was his duty as a person who raised funds under this auspice.  If Lucius Gregory Meredith wants funding for his separate legal and financial entity and doesn't want those contributors to derive financial benefit, he needs to go hold a charity drive and stop pestering everyone here.  We are done with Greg's lies, deceit, ill will, malintent, and bullshit.  Lucius Gregory Meredith is on the verge of some very serious legal action against him.

YOURCHAIN - MAKE RCHAIN YOURS AGAIN!
"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
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DecentralizeEconomics
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December 05, 2016, 07:25:02 AM
 #3662

All that would occur if Synereo LTD made the voluntary and fatal decision to split up OUR funds or "share" them in any way with Greg is that AMP holders and Synereo LTD equity investors would incur significant losses from the prospects that Synereo LTD would be unable to deliver on its promises due to a lack of capital.  Greg, of course, would take OUR money and blow through it just like he did before while accomplishing nothing.  Greg would line the pockets of himself and his friends through hiring them on in roles they could not fulfill in a futile attempt to make somebody like him, even if those individuals contribute nothing or significantly less than they are being monetarily compensated for and are high on drugs.

YOURCHAIN - MAKE RCHAIN YOURS AGAIN!
"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
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December 05, 2016, 08:39:10 AM
 #3663

When shit hits the fan. Churn some AMP's.

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December 05, 2016, 09:53:04 AM
 #3664

So we have a project without a technology now? In that case AMP is still overvalued.

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December 05, 2016, 10:27:20 AM
 #3665

So we have a project without a technology now? In that case AMP is still overvalued.


You must be retarded to believe that.  Greg says a lot of bullshit.  Let me tell you something, as someone who's been in the tech industry for a long time and can program myself in multiple languages, I can see right through Greg's tech jargon crap.  Greg's playing the card that he's some "super genius" and has the ONLY solution.  In Greg's world everything is his way or the highway.  Contrary to Greg's megalomaniacal opinion of himself, he alone does not hold the keys to the world's salvation.  Greg has to play it this way, because it's the only thing that gives Greg negotiating power.  In reality, Greg has no negotiating power.  Greg resigned de facto.  Greg does not hold the only solution.  Greg's "theorized solution" is, according to his own words, TEN YEARS OUT!  What a bunch of ridiculousness.  Listen, I've talked to tons of these programmers over the years, and if I can tell you one sure thing, it is this... Greg isn't special.  There are a plethora of other solutions that we can build on that exist right now, and once that is operational, we can work on improving scalability.  Even if Greg's "idea" was the only decent solution known to exist today, which it isn't, who trusts Greg after the shit he's pulled on us?  I don't.  That's for sure.

YOURCHAIN - MAKE RCHAIN YOURS AGAIN!
"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
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December 05, 2016, 10:37:34 AM
 #3666

So we have a project without a technology now? In that case AMP is still overvalued.


Just move the project to Ethereum + rebrand it Synereum. The rubes will swallow it.
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December 05, 2016, 12:08:02 PM
 #3667

I listened to this last meeting with Greg, and I just had to shake my head and laugh at him.  Regardless of Greg's claims, Greg resigned from Synereo.  When you send an email to the CEO stating that you're going to be starting your own legal and financial entity apart from the company, regardless of any previous internal talks or agreements, and they can't do anything to stop you, you've just resigned.  Period.  This guy is a "Grade A" screwball.  Furthermore, Greg resigned when he stated repeatedly that he was going to make sure that AMPs were NOT the native currency of RChain and that AMPs would have NO exclusivity.  Greg's job as an EMPLOYEE, which is what Greg WAS, was to increase AMP holder and Synereo LTD equity holder value.  When Greg publicly declares multiple times that it is his intention to do otherwise, Greg has just stated that he has left the company.  How else are we suppose to construe such a statement and actions?

Listen up Greg... There's nothing to "negotiate" asshole.  You quit, and NOBODY trusts you.  You've got no working, truly decentralized code.  You don't have a decent or feasible proposal to move forward.  It's not my goddamn problem that you can't get funding from anyone else for your bullshit.   You were an EMPLOYEE remember?  You don't own anything.  You've got nothing.  You don't have any goddamn leverage over anyone.  It's over pal.  GET LOST!  BEAT IT!

YOURCHAIN - MAKE RCHAIN YOURS AGAIN!
"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
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December 05, 2016, 12:44:43 PM
 #3668

looks like a good buy right now, most likely the lowest it will be ever.

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December 05, 2016, 01:02:32 PM
 #3669

Happy to see you solved your problems Synereo. Now is time to go back to work and make some investors happy again. Those who wanted to dump, did it already.. so now is the time price start do go up again. Not sure if will happened soon, but i am expecting more updates in near future, so investors actually know what is going on. The best example of uptades is NAVCoin. They publish something everyday, and they are very serious about what they are doing. But i guess you guys have lot more work to do if you want to deliver something to new potential investors. Those who got in on CS, believed in this project from the beggining, now you need to deliver something to convince new potential investors. And believe me, you will not be able to do it, before releasing some progress and goals in near future.

Good luck,
Kamidela
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December 05, 2016, 01:39:48 PM
 #3670

Happy to see you solved your problems Synereo.
When did they solve their problems ?  Huh
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December 05, 2016, 03:47:41 PM
 #3671

Do NOT split the money with Greg.  Synereo AMP holders and Synereo LTD equity investors do NOT win in this outcome.

I second that. Vlad is supporting his friend Greg and hoping to add R-chain to the Ethereum ecosystem. We don't need Greg for that. If Synereo determines that the way forward is to extend and embrace Ethereum, we can enlist directly the help of the Ethereum foundation and pay them to create for us a custom fork. Or we could ask Consensys or Eris or EtherCamp or just hire goddamn Gavin Wood and pay him whatever he asks. With the ludicrous USD 2M+ that Greg is asking, we have an embarrassing choice of options all cheaper, better, and more professional than Greg. I don't even understand why Greg's name is still even being talked about.
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December 05, 2016, 04:11:09 PM
 #3672

All that would occur if Synereo LTD made the voluntary and fatal decision to split up OUR funds or "share" them in any way with Greg is that AMP holders and Synereo LTD equity investors would incur significant losses from the prospects that Synereo LTD would be unable to deliver on its promises due to a lack of capital.  Greg, of course, would take OUR money and blow through it just like he did before while accomplishing nothing.  Greg would line the pockets of himself and his friends through hiring them on in roles they could not fulfill in a futile attempt to make somebody like him, even if those individuals contribute nothing or significantly less than they are being monetarily compensated for and are high on drugs.
Again seconding that fully. Synereo made an error of judgement by hiring Greg. This happens, and although I have a significant amount of skin in the game, I don't hold them responsible for the error. On the other hand, I expect Synereo to act professionally now that Greg has gone rogue and cut off the ties clean and net like any serious and self-respecting company would do in similar circumstances.
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December 05, 2016, 04:15:52 PM
 #3673

Everyone getting all AMP'ed up. Just trade like the wind.... because that's all it's been so far.

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December 05, 2016, 04:24:38 PM
 #3674

Just move the project to Ethereum + rebrand it Synereum. The rubes will swallow it.
This. Or make a deal with Mihai Alisie to merge Synereo and Akasha. Or hell even make a deal with Steem. Anything but the underdog strategy of caving in and giving half of the funds to Greg with almost no strings attached. This would be the lamest business move I have ever seen.
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December 05, 2016, 04:30:59 PM
 #3675

I've not been following this thread for some time, but from the look of things, some Drama has already been performed, why would an individual wants to take this project ransom and way this developer is going about things now is worrisome, I just hope things settle down quickly and be able to restore investors trust. I bought during the ICO on exchange for 28Ksat now the price is around 6000sat


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December 05, 2016, 06:02:14 PM
 #3676

Listen guys. Everything is gonna be ok. Greg is going to continue coding and continue to get paid. Just buy as many as you can now and bless the lord because we'll all be very rich from this investment one day.

That day could be years from now but with amps im willing to wait years, unlike other coins like stratis whihc I dump at the first moment of good profit.

I'll even buy more amps ovr the next ew years even if they keep coming down in price because when she pops and she will, its going to be bigger then any altcoin pop we've ever seen.
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December 05, 2016, 06:57:15 PM
 #3677

My friends and family and ME invested 70k Euro in the second ico. now price is 1/6 of buy price. why the dev treating US so Hard. IT's like you throwed pur money out of the Windows. how should i explain this??

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December 05, 2016, 07:04:52 PM
 #3678

Like a bad soap opera...so sad

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December 05, 2016, 07:09:28 PM
 #3679

I hope such is sorted soon!  Angry

I hear rumors of refund for funds to ppl who invested in 2nd ico (that'd be fair I think) - how can your "company" hold crowdsale and asking for millions in btc when you already knew of and had such internal issues?!.

but also hearing talks of mismanage funds and ppl not meeting/talking?  Also of Rchain split coin off from current AMP/synereo coin!? What???

You guys making way to confusing and difficult and looks like amateur hour!  Ppl are talking.

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December 05, 2016, 07:19:07 PM
 #3680

What a dissaster for those who invested in the 2nd ico
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