Dear Forum Member:
We appreciate your participation in this topic, and above all the good intention of building opinions.
Our face-to-face invitation from the Crypto-Info user has not been a random and / or capricious decision; If not the opposite. The reasons are simple but specific:
1- Information and doubts are best treated in person. People are known and communication is more fluid and much richer in understanding
2- Certain information of a private nature and with great strategic value should not be displayed or communicated in digital format, or reproduced in any format other than that of the actual experience in persona
3- Our extraordinary commitment to invite and bring a person with doubts, to solve them in our mother house with our corporate in total confidence and openness; it is a seal of real commitment
For these reasons essentially, we believe that the ideal and the best for the community and for the Crypto-Info user in particular, is to carry out the evacuation of doubts in the professional and serious way that a project of this magnitude implies.
Greet attentively
Blue Hill FoundationLegal department...
As we mentioned before, we have not yet applied for the FINMA License.... Put simply, we were looking to use Finma but we haven't applied yet. As you can read on our roadmap, in the last quarter of the current year 2019 is that we will apply to the regulatory licenses. We are up to date 9 of this month of the Q4 in search of regulation, which is perfectly in the plans we have followed and communicated.
...
Blue Hill Foundation
Legal Department
Your
Whitepaper Road map doesn't mention a FINMA license.
It states
Q4-2019
Intention to be fully licensed under the Liechtenstein Financial Market Authority FMA
Has this application not been made either? How long is the expected wait for approval?
as you can read on our roadmap, in the last quarter of the current year 2019 is that we will apply to the regulatory licenses.
Your roadmap doesn't say "we will apply in the last quarter", it says "intention to be fully licensed."
So, FINMA or FMA? But what's a different acronym between friends?
According to FINMA's website, it takes at least six months to process a license. So even if you apply tomorrow, you won't expect to be "fully Licensed" until Q2 2020. That's not in your road map.
And what happens if they say "NO"? What happens to the BHF tokens you are selling as exchangeable 1-1 for regulated BHM equivalents? To the money you have collected in the pre-sale?
How can Bluehill hold a FINMA approved STO in Q4 2019 if, by the middle of November, they haven't even applied for the license to hold it, which takes six months to process?
And has it crossed anyone's mind that FINMA might just actually say NO, because what you are effectively doing is applying for retroactive approval to sell BHM tokens as
you have already sold them, or a straight 1-1 entitlement to them, under the BHF label?
The idea that the supposedly experienced supposed team of financial experts you supposedly have, are assuming that the licensing authorities will approve this sort of abuse of their regulatory process is laughable.
But what's a different acronym between friends?
B.H.Mining has taken a more democratic approach by planning a Swiss-regulated Security Token Offering (STO) for BHM-Tokens....
The Pre-STO is for BHF-Tokens, which will be redeemable 1-for-1 with BHM-Tokens when the official STO takes place in Q4 of 2019.
And no tyvm, I don't want to come to Switzerland either.
this project is going to be shelved soon... so many shady info.
with this kind of project, the profile links of their team members should be available but not, only email addy is published!
we are talking huge amount of investments here, so it is a must that they should show at least their linkedin profiles.
Like I say bluehillfoundation, I don't need a lawyer to tell me you lied as did the white-paper. You remain quiet on this front.
Claiming that Bluehill Mining has a lawyer is a ruse to pass this scam off as legit. It is not legit.
Don't get me confused with a potential investor looking for information to solidify my decision to buy into this project - no no no. I am a community member that knows Blue Hill Mining is a SCAM. My intention is to bring this information to the public arena and then potential investors can make their choice - hopefully not to invest.
I will not be paying for flights to see an fictitious lawyer or a paid wanna-be lawyer. If indeed it were important to you to remove any cast doubts "in the professional and serious way that a project of this magnitude implies"... then you would have already done so. If you think having a lawyer talk to a community member would have cleared up any doubts, a project of this magnitude would have action this already before the sale of tokens. In fact a lawyer would have read the white-paper and told them it was rubbish and contradictory to each other, and you need to re-write them.
Let's move on.
Quote from the Blue Hill Mining white-paper:
Quote: Due to legal and regulatory uncertainty in the United States of America, citizens and green card holders of
are prohibited from making contributions to Blue Hill Foundation and participating in the Token Sale.
Quote: Canadian citizens and persons resident in and/or domiciled in Canada are specifically excluded from participating, either directly or indirectly, in this Token Sale.
Quote: Dutch citizens and persons resident in and/or domiciled in the Netherlands are specifically excluded from participating, either directly or indirectly, in this Token Sale.
Quote: Persons domiciled in, resident in or purchasing from Japan are excluded from participating, either directly or indirectly, in this Token Sale.
Quote: Persons domiciled in, resident in or purchasing from the Republic of Korea are excluded from participating, either directly or indirectly, in this Token Sale.
https://www.bluehillfoundation.com/docs/terms-conditions.pdfYou claim to ALREADY be regulated in the Netherlands (FINMA), want to be regulated in the US (SEC) and also Toronto (Canada) HOWEVER, no-one in these countries are allowed to purchase tokens, and my major point - it is
NOT regulated.
You claim Blue Hill foundation is a Netherlands based company that owns Blue Hill Mining, yet the FINMA issue a warning against Blue Hill Mining and the business structure in the white-paper does not support this. Blue Hill Foundation is
not found registered in the Netherlands nor is any other company mentioned in the business model, opposite to what the white-paper(s) state. I wouldn't invest in this.
Let's not forget Blue Hill Mining is part of the SCAM by - Mize Network run by Adrian Jacuzzi (Global World Exchangers SL -GWE). He's been linked with the scams EmGoldEx, prior to its demise and (failed) rebrand as Global InterGold. Infinitum Flame/ Quark scam run by D'Arco and Arcas, via the GCR morph into Pool Miners/SARcoin and Onecoin... the list goes on.
Did I mention the Spanish Financial Regulatory Body also issued a warning against GWE - Adrian Jacuzzi. All of the above has already been discussed throughly.
So why would I invest in Blue Hill Mining when the company behind it is run by a known scammer, and has a warning equivalent in Spain as the FINMA warning in the Netherlands? I wouldn't invest.
Why would I invest in Blue Hill Mining when community members like you lie and the white-paper tells lies? I wouldn't.
Why would I invest when Blue Hill Mining when the white-papers in places contradict each other (
https://bitcointalk.org/index.php?topic=5152373.20). I wouldn't.
It's a bit late for you to back pedal to cover your scam. Simply put....
Blue Hill Mining is a SCAM