Post
Topic
Board Announcements (Altcoins)
Re: [AMBER] X13 POW/POS| 10k AMBER=0,01% SHARES | BUY, HOLD & GET DIVIDENDS in BTC/$
by
hacksmash
on 02/09/2016, 19:12:21 UTC
requiring them to appear in a court of law is no waste of time - that in itself is a worthwhile outcome even if no money is recovered - they must understand that they cannot operate this way without any consequence - - - some people will simply not put up with this...

>>> they should not make commitments they simply cannot meet

>>> if they say they will do XYZ by a specific date =======> then they should do XYZ by that specific date

>>> if they cannot pay dividends, then they simply SHOULD NOT DECLARE dividends

These are really very simple concepts and very basic principles...

If they declare dividends to be paid on a date and then they don't pay dividends as declared, then that is FRAUD

I am not afraid to say that word, because that is what it is: FRAUD!! FRAUD!! FRAUD!!!


They have until Friday until I take action - - - I will not be selling any shares at all, AND I will look into getting them to answer in a court of law and pursuing this to full extent of law, even if cost to me is more than ten times what i paid for the ambercoins - - - that is my right

ummm ... none of your 3 >>> points are illegal as far as I can tell.
If that is the basis of you total claim, no court will entertain your 'frivolous suit'.

good luck


 If AMBER never intended to pay these dividends even though they promised them to shareholders, that is fraud and it is illegal.  This is the kind of thing that would be "discovered" during the legal process.

Thats where a problem creeps into the logic.
AmberTrade was just purchased by another (as yet unidentified) Entity. All claims and actions (ie payouts) were made by the previous ownership. As far as I have seen, the new owners have stayed very quiet, possibly only making 1 'statement of intentions' about AmberCoin. I don't believe a court would hold any company to a initial 'statement of intentions'.

(P.S: No, I don't believe AmberCoinDev 'speaks' in any official capacity  for the company.)