The accusation was that worldcore lied about E&Y valueing the company at $30Million. They did not lie about that.
According the E&Y report the information about $30 million valuation was somewhat exaggerated.
Based on our scope, the information and assumptions provided by the Client, our analyses and limitations contained in this Presentation, we have estimated the indicative value of the Company in the range of:
(i) CZK 419 579 mil. (EUR* 16 22 mil.), assuming lower case
(ii) CZK 469 685 mil. (EUR* 18 26 mil.), assuming upper case
Most likely that the maximum values were used by Worldcore to attract customers.
In the autumn of last year, Worldcore was evaluated by professionals from reputable, recognised by world experts, company Ernst & Young in more than 30 million dollars, and the software that we produce, almost 2 million dollars.
Aiming for full transparency throughout the campaign, Worldcore, recently published a business and software valuation report by Ernst & Young, confirming that the real value of the company exceeds USD 30 million. Worldcore is also licensed by the National Bank of Czech Republic and has made available its yearly reports on the companys business website.
cryptocurrency exchange
https://worldcore.trade is launched and constantly updated ; worldcore inmplemented smart invoicing solution for business customers for creating, sending and processing invoices with SMS and e-mail notifications. : support of FIAT payments via worldcore transfers; worldcore has also updated affiliate program functionality
Does it really worth
25,56 million USD collected on ICO?