Well, I was going to say this looked very dodgy indeed, and that you would need to provide a lot more information if you are going to convince anyone but the noobs on this forum that this is legit.
But then I remembered that Google is my friend, so I did a little "digging" of my own, if you'll pardon the pun.
So... Anyone want to invest in a silver mine that has already been the subject of an investment scam? Not me, that's for sure.
I'll just leave this here:
https://www.sec.gov/litigation/complaints/2017/comp23903.pdfNo wonder these fucks don't want US investors.
I'll be doing some more digging on these conmen, with their dodgy blurred photos, and their carefully worded T&C's full of legalese and get-out clauses. You can be sure I'll be reporting them to the relevant authorities, as I do for all scammers.
Hi
Thanks for such
an important elaboration! I think your concern are totally valid. I was tried find out little a bit more information [ especially outstanding claim "already invested $$$ ]. But found nothing!
So asked Op about that.
But seems like he/she
didn't anything interesting into
my question?
Thanks!
This is indeed a valid concern,
please note that this complaint was not against us or our mine or anyone involved with the SLVR project. A third party broker contracted us to sell the silver and acted outside of their authority, as well as US law, by offering a securitized purchase agreement with certain capital guarantees that
they were unable to fulfill.
The Dorosa mine was simply engaged in an agreement with the broker to provide a portion of the mines concession rights in exchange for capital, all illegal activities were related to the brokers operations and sales practices.
For this exact reason we aim to bring our silver sales mechanism in house and on chain to provide for transparent issuance, sales and auditing.
The reason we do not allow US citizens to invest is simply because an offering such as ours is surrounded by nebulous legal requirements in the United States. We believe SLVR, and decentralized finance in general, can offer the most value to asian investors.
Dude, you ain't fooling anyone, which is why there have been no more posts. You say you're legit, and yet you choose to structure this "investment" exactly the same as the scam?
They offered a massive discount on spot price - So do you.
They invited investors to visit the mine - So do you.
They took 10% of the money as commission - You call it salary, as well as keeping 3 million coins.
They said the mine was unprofitable at the 2014 silver price - The price is now $5 lower than 2014.
Your T&C's give you the opportunity to claim the mine is unprofitable, and investors have no recourse if you do.
Nebulous legal requirements translates to - This mine is yet again seeking investments for an unregistered security, and the SEC would crush you for it.
So... I'll be checking you all out most thoroughly. We've seen countless commodity scams on this forum, some of them, like you, have had dealings with the rich and famous too. They come with their claims of partnerships, photos of themselves chilling with presidents and billionaire F1 sponsors, and when you dig around, you find that even the billionaires are wanted by the authorities in multiple countries for perpetrating massive scams, and have been arrested multiple times because of it.
You think a cryptographic community takes things at face value? Because we're blinded by potential profit? I've bitcoins dude!! What the hell would I want your silver shitcoin for?? Go sell it to Goldman Sachs, they like silver.
Welcome to Bitcointalk.
There is always a big dog in the room eh? The tough guy know it all attitude doesn't get really far I think. I encourage everyone to do their homework and study all ICOs before they invest. What I don't condone is the outlandish claims and insults to us and our integrity. My previous company was in the Armor Sector and I worked with Law Enforcement, Military and Special Forces. I'm the proud inventor with 2 patents under my belt for the invention of BulletProof Underwear. I have saved countless lives due to my design and had a 20,000 sq ft. factory with 100s of employees making all sorts of Tactical Gear around the world. I also designed a special breathable K9 vest that will keep dogs from over exhaustion and dying. Its currently being fielded by the USMC out of San Diego. I wouldn't get to where I am being a scammer! You can check my linkedin profile to know more of my previous endeavors. Before I started my Armour Company I was the first person to build a Platform selling Gold and silver connected to JP Morgans backend servers. I could go on and on my friend. Again all of this is not done by scamming and cheating. Nobody said you have to buy the tokens on this round. We are not finished with just this silver project and if you don't feel comfortable doing it then wait and see. There will be other chances. I understand your knee jerk reaction to this post but I encourage you to wait it out to see how wonderful it is and what a great service it will give the crypto community. Have a Blessed Day