Post
Topic
Board Hardware
Merits 5 from 2 users
Re: DragonMint 16TH/S halongmining.com
by
Dr.Mann
on 03/04/2018, 22:34:30 UTC
⭐ Merited by frodocooper (3) ,NotFuzzyWarm (2)
People are jumping in to conclusions too quickly. Just because you can't find the information in the database, doesn't necessarily mean that the information is not there. You might just be unable to enter the right keywords in the search engine. [....]

The onus is on the business to present accurate information about itself to the world. As it stands now, MyRig is inaccurately representing itself to the world when it states on its ToS that its name is "MyRig, Inc." The entity's actual name consists of Japanese letters, not English letters. This may seem like a meaningless technicality to some, but it is actually quite important so that people can reliably conduct due diligence and make informed decisions for themselves.

I have searched everywhere for Halong Mining's incorporation records, guessing at the country in which it is incorporated. I even checked Vietnam to no avail since "Halong" is a city there. This is case in point why presenting accurate information is so important.

[....] They have entered the corporation information in to the database system in Japanese only, hence why you can only find that information by searching with the Japanese expression of the company name. I don't think there is anything odd with that. [....]

It is odd if you consider that MyRig has held itself out as a Colorado corporation (https://i.imgur.com/8WZDWmZ.jpg) using a name ("MyRig, Inc.") that does not exist in the records of Colorado's Secretary of State. MyRig has a receiving address in Colorado at a UPS Store and transacts business there. To that extent, it is required under Colorado law to obtain authorization to conduct business in Colorado as a foreign entity. If it registered, we'd have the ability to hold MyRig accountable using legal process should circumstances justify it some day. If it does not register, then U.S. customers and perhaps customers in other nations should understand the lack of accountability should something go wrong when transacting with MyRig.