Quote from: Veleor on October 14, 2018, 02:32:50 PM

Quote from: xtraelv on October 14, 2018, 10:50:16 AM

The website that stated it is also not registered to Worldcore and there is nothing to prove that it belongs to them. It could be some incompetent bounty manager that wrote that.

I edited my post several times. I missed taking out that sentence after I found proof the site was at least endorsed by them. You will find that further in my analysis I included a screenshot that indicates that the site belongs to worldcore.

Quote from: Veleor on October 14, 2018, 02:32:50 PM

Quote from: xtraelv on October 14, 2018, 10:50:16 AM

There is a strong indication that they did not understand what they were saying was wrong. Anyone reading the actual E&Y report that the article linked to would have discovered that it was not an audit but a valuation.

Do you consider a possibility that Worldcore intentionally mixed up the words "audit" and "evaluation" relying on lazy people who do not read documents and those who do not understand English?

I think I covered it by the following:

It appears that they claimed that they were audited but if your read what they are describing and substitute it with "valuation" it suddenly makes much more sense.

Quote

The figures obtained during the audit are the result of the audit, in which the companys assets were summed up, the available resources and possible future prospects were estimated. A detailed report on the audit can download anyone on the site Worldcore on the link.

Quote

The figures obtained during the valuation are the result of the valuation, in which the companys assets were summed up, the available resources and possible future prospects were estimated. A detailed report on the valuation can download anyone on the site Worldcore on the link.

Also if you look at the context of what they are saying:

", in which the companys assets were summed up, the available resources and possible future prospects were estimated." does not describe an audit. It describes a valuation.

Even the initial allegation made the same mistake of confusing audit with valuation.

Quote from: Veleor on October 13, 2018, 06:00:10 PM

5. Worldcore lies that Ernst&Young has valued the company at $30 million. (Article in English: http://archive.li/sDNrI#selection-617.81-617.245). But in fact, Worldcore wasn't audited.

I am of the opinion that it was a mistake rather than deliberate.

Also I don't think anyone ought to have been deceived by it because the context of what was being said describes a valuation. Also if people are too lazy to look for a source document that they are relying on then they should not be investing money.

What they should have stated is:

Quote

The figures that were provided to Ernst & Young during the review resulted in a detailed valuation. The companys goodwill, assets and liabilities were calculated. Also the available resources from alliances and possible future prospects were estimated. A detailed report on the company valuation can be downloaded by anyone on the Worldcore.eu website using the link.

By having a poor translation they both set themselves up for accusations but also look unprofessional.