Post
Topic
Board Scam Accusations
Re: Blue Hill Foundation\Mining- Blue Hill Mine - STO - SCAM WARNING
by
Crypto-Info
on 16/06/2019, 08:13:32 UTC
now we see good results from the team. I think sto is a really good solution for investors in this market.
what about exchanges? with whom are negotiations already under way ? I just would like to understand when there will be a listing on cryptocurrency exchanges?
The listing for the 70% of Blue Hill Mine on the Toronto stock market will happen by end of this year. Until now, we cannot give details on this until it is done. The listing for the remaining 30% of Blue Hill Mine will be make via the buyback plan for the BHM tokens. This will happen from 2022 onwards (date to be confirmed).

Could you clear up the Toronto Stock Market Listing please. I only see "The intention is for BHM to be Fully Licensed under the Swiss Financial Market Supervisory Authority FINMA and thereon after intended to be licensed under the U.S. security and exchange commission regulators SEC." on your website.

So there are three public listings in different countries? As these are public listings you are required by law to state all shareholders, but you say you won't. This doesn't make sense why you won't disclose this info as required by law. Could you clarify you position lawfully please.

"70% of Blue Hill Mine is sold on the Toronto Stock Exchange in the future and the remain 30% will be used to as a buyback for Blue Hill Mine".

Since Blue Hill Foundation owns 24% of Blue Hill Mine and 70% ownership of the Mine will be sold off wouldn’t this dilute Blue Hill Foundation stake. Exactly what company is the tokens suppose to be buying into?

If 70% of the Mine is sold off publicly and Blue Hill Foundation owns 24% then Blue Hill Mining isn’t in control of itself but rather Blue Hill Foundation. This would mean the BHM token would be buying into the Foundation otherwise you are diluting peoples ownership of the token and giving the ownership away as shares.

You say “The listing for the remaining 30% of Blue Hill Mine will be make via the buyback plan for the BHM tokens…”

You realise a buyback is a buyback and “The listing for the remaining 30% of Blue Hill Mine” MAKES NO SENSE WHAT-SO-EVER. You don’t list anything on an Exchange for a buyback. Nothing happens to the remaining 30% after 70% is sold because there is a BUYBACK. How can you use 30% of shares for a buyback anyways?Huh you need $$$ for this kind of buyback.

After dwindling away 70% of the Mine you are actually saying the mine will then buyback 30%, so now Blue Hill Foundation would own (24% + 30%) 54%.  Alternatively they could be buying 30% of the 70% that was originally floated.

You love to confuse people to SCAM

None of these numbers actually mean anything because you are not consistent in your story.

EDIT:

Turns out they are buying back 6% making it a total of 30%