Post
Topic
Board Securities
Re: Klyemax Studios IPO
by
mikaeldice
on 05/05/2014, 16:34:45 UTC
So, this is your fourth thread on this 'offering'...  I have to agree with twentyseventy on the topic of moderated posts.  There's no way for us as readers to know that you are only deleting the 'troll' posts.  The 'may need deleted' title on the one locked thread recording a public history of who has invested with you is particularly troubling.  

Beyond the poor IPO etiquette, though, I find a few obstacles to investment here which I just can't get past:

  • Lack of experience operating a business
  • Lack of experience in the industry (a few cam shows aren't sufficient)
  • Vague details of expenses/lack of 6-12 month projections
  • Paying yourself an unspecified salary from the 15% operating budget
  • Lack of concern or due diligence regarding local regulations which could negatively impact the business (through added costs for compliance or sanctions from non-compliance)
  • History of homelessness
  • History of begging
  • History of drug abuse
  • Prodigious time spent on gambling websites
  • Vague valuation (First you wanted 25 btc, then you wanted 275 BTC..  You priced shares at .008, then at .024, then back to .008)

My recommendation on this offering is for investors to steer clear.