Post
Topic
Board Announcements (Altcoins)
Re: [SYS] SYSCOIN [Unofficial] - Due to censorship & secrecy on Official thread.
by
IconFirm
on 03/08/2018, 12:57:20 UTC
I saw a post showing that Blockchain Foundry were in deep financial trouble, about $2 milion or so - but that got deleted too & I can't remember who posted it

Yeah, that was me:

Quote

This also goes for "Blurryeyed", accounts that are solely used to troll teams will not be tolerated.


That's uncalled for.

Taking your anger & frustration at Blockchain Foundry's poor performance & dire financial status out on Syscoin investors is not wise - they are the ones who keep you in business:

https://webfiles.thecse.com/investorx/BCFN/1805301938226727.pdf?kY9yLTSm3Jn9nsI9HuLoE1nMoeU1.qlm

Page 7:

Quote
The Company has an accumulated deficit of $2,505,196 as at March 31, 2018, and $2,157,124 as at
September 30, 2017. The Company's ability to continue its operations and to realize its assets at their
carrying values is dependent upon obtaining additional financing and generating revenues sufficient to
cover its operating costs, all of which indicates the existence of a material uncertainty that may cast
substantial doubt about the Company’s ability to continue as a going concern.

No wonder you're dumping, you need the cash.

Shares down another 5% today as well I see, continuing the trend:

http://thecse.com/en/listings/technology/blockchain-foundry-inc

I was gonna hodl what I extracted Poloniex, but I'm super glad I sold it instead. If you want to turn Blockchain Foundry around, you can start by getting down from your soapbox & losing the attitude.

Blockchain obviously don't want their publicly available financial records available to the public.....lol  Can't say I blame them - they're a freaking mess.....debt up to their eyeballs. I was gonna start a thread about this myself, but seeing as I got rid of my SYS as soon as I got it out of Polo I couldn't be bothered - glad someone done it though. Too much censorship going on.

Pretty obvious what's going on here, they're dumping their stash but need some more wonga, so they're entering into this partnership with peermountain to con some more dumbass investors - whatever they got left over will be put into their own BCFN token while they watch Syscoin fade away.

They don't care about SYS, they care about BCFN.

YES, that's the post I was referring to - thanks for re-posting blurry  Smiley I couldn't even remember the sites where BCFN was listed, I'm going to check it out as soon as I get some spare time.... Wink

I take it you've been banned from posting there as well now?.... Roll Eyes