Having read recent posts especially after my comments and screenshots, I have to agree in principle with what most of you feel. I am not an investor in this project nor do I know the two protagonists however from the off it seemed as though someone trying to taking control of a project in an underhand manner (and then saying it was to save the project) is just not right when their only remit was to 'code' a site. Furthermore, then for one person to openly state that he took funds from your investments for living expenses makes it clear the funds you have invested in the project are currently with the wrong person!
Startup money was generated already. The rest of the money was my payout. The 50% of the company that went towards paying shares was my 50%. I have plenty to continue development. The money recently has been used to keep me off the streets and working on BitBay and OpenEx. I have devoted my time accordingly and BitBay is going to be a success. BitBay official release which will not change is in 3 weeks from today.
@aTrizYou paid 3.75BTC for 50 shares? You are definitely doing the right thing requesting a refund because 3.75BTC is a lot but try and stick together in a group with other investors who want a refund as it is better to speak with one voice and not have individual requests for refunds.@CenronI do not know where you obtained information about the coders age, but if he is 17 then surely that information was not openly declared otherwise I would find it hard to believe anyone would invest directly in the company via him. If his age is correct, many thanks are due to you for bringing this information to the attention of the investors@paulthetafy Nice site. I wish you success with it and hope you would not mind a little competition if BitBay does come along one day
@daemonfoxWith the greatest respect to you, I know you would like your investment back but please consider what your fellow investors want and by the look of it things are not good therefore probably all investors would ask for a refund. Maybe it is better for all investors to take a unified approach rather than tackling the issue one by one? I mean stronger in numbers...The investors need to get their funds back as soon as possible before ALL your funds will be used as living expenses and other expenses related to the project which might not be proven actually have occurred but receipts might be provided upon questioning it.No one knows how much of the funds remain so if you stand any chance of getting all or most back you need to take action NOW otherwise there might not be anything left!