Keeth, your behavior here is disgusting and I believe a crime under Canadian security laws. I have made a formal complaint to the Ontario Security Commission.
I am one of your previous investors, and besides losing considerable money to what was either theft or at best criminal negligence. Furthermore last year you promised me compensation, a promise you have done absolutely nothing towards. Not a single satoshi. Raising money from new investors to pay back old ones is almost the definition of a ponzi.
Had the investors under the last setup performed above equity, it would be otherwise confusing to lead them to believe that they'd earn the same rate. Likewise when it is under equity.
If you lost money then your financial statements must reflect the fact. As you know, what you "should have" made is known as "expected value". What you actually made is known as revenue.
And revenue is very different from "net-profit". I would hope you already know what net-profit is, but let me help make sure we are on the same page: net-profit is how much money you've made after all expenses are consider.
I am sure you and your team have not been working the last 2 years for free with no expenses. So I'll ask you plainly, please answer:
Over the last 2 years, what is Money Pot's actual net profit?We had closed the thread to focus on this next phase, the ICO. We made our policies and statements known, as we did here in all the information provided.
but as you did in well in your last post you avoided the central question about solvency. I will repeat MartinL's statement as it reflects my own position rather well:
As a former MoneyPot investor myself, I'd love for you to prove me wrong by demonstrating your solvencylike MoneyPot regularly used to before you stopped doing it.