Re: [ANN][ICO] «Envion» Most Profitable Self-Expanding Crypto Infrastructure

I typed this message here 3 weeks ago. Most of it has just come true

Quote from: oapieNL on May 05, 2018, 04:09:57 AM

snip

For every illegal token they sold, envion can now buy 6 tokens if envion sold all for $0.70. multiply that by 20.000.000 tokens = 120.000.000 tokens. With that, envion can now buy up all tokens while they do not have to spend a penny on it. It can still be a big tactic, which is part of the buisness plan. So watch out

This is something I thought about too. It is possible because only people who bought on exchanges will lose. They will have no place to go for help with this tokens. I heard this opinions lately about tokens sold on exchanges: "This is your gamble if you buy an ICO token".

Envion will swap 1:1 to not piss off investors because they have some legal rights and can look for justice in court. Finally, they make millions using this maneuver.

I'm still not 100% sure what will happen with tokens sold on exchanges. People who bought them really have no legal rights at all? Why? I think they can sue the company which listed this token on the exchange (if not P2P). If this token is fraud then somebody broke the law when listed on exchanges. Or not?
It would be great if somebody explains this in details.

Then tokens shouldn't be able to be transffered. And we are talking about value of EVN tokens not value of ICO investors.

I don't understand what you mean by " we are talking about value of EVN tokens not value of ICO investors"? Can you explain?

From what I know the money from ICO are not used and are deposited in a bank account. If this is the case then there will be no problem to give back investment to investors which are still holding their token or swap them. They have all detail from KYC. So better to hold and lose everything then miss the chance of swap or refund.