Post
Topic
Board Service Discussion
Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :)
by
Buckeye2015
on 21/04/2015, 18:43:29 UTC
I was offered Prime Controllers that didn't belong to him. This was not my idea (as you can see from the email), although at the time I did consider the deal. Of course (if you read further in the email thread) I couldn't move forward with the deal as I was not comfortable with the situation of someone offering someone else's property as payment. Additionally I declined any future business relationship with Garza in the same thread.

Again, I have been a part (and even led) a business that I have many regrets of and welcome criticism for my actions. It's important to state that I'm not proud of this by any means. During my last couple of months at GAW I became someone I wasn't proud of and considered performing actions that I would have never considered before. This feeling is what led to my exit along with the decision to attempt to rebuild professional relationships with local businesses that were not compensated by GAW for their work during my time at GAW.

Given the opportunity by XPY Dev and the Paycoin Foundation to become a volunteer for XPYTrust was the least I could do to help the community and be a part of building the currency as originally intended. I thought I could begin to help those that lost so much during my time at GAW. My proposal to the Foundation and XPYDev will consist of a large coin burn along with ending the hyperinflation (which is not exactly what the white paper describes Paycoin to be but I feel it is necessary at this point).

Regarding XPYTrust:
- Where and when was it incorporated. (An imaginary organization cannot 'own' anything, let alone prime controllers)
- When was the IRS application submitted?
- Who are the board of directors?
- Given the GAW history, will you guys post monthly financials to show that you are committed to transparency? After all, there are plenty of 501c3 that do nothing but funnel funds to the companies of closely associated individuals. So, the whole 'non-profit' angle is highly suspect, in and of itself, without any of the XPY background.

As a non-profit, you guys will be required to raise funds from the public or loose your 501c3 status, so it seems like this is the minimum that XPYTrust can do to (a) prove that it even exists beyond emails and forum messages, and (b) begin to have even a shred of credibility.  If the board of XPYTrust cannot do this THIS WEEK, actually even TODAY... then it's just another con game and there are individuals who own the prime controllers, not this imaginary XPYTrust organization that you 'volunteer' for.