some research:
"Bitllama Inc"... located in the UK... tell me:
1) How can your "collective investment scheme" be organized as an incorporation instead of a fund / trust under the The Financial Services and Markets Act 2000?
2) If your naming suffix "Inc" suggests the US business types S-corporate or C-corporate, how can you be registered in the UK?
3) Interestingly in your "Terms of Use" you use "Bitllama Ltd." ... the same corporate type as Bitstamp, which has the same address and the same Terms of Use ... copy paste?
4) But if you're really a Limited, registered in the UK and in the footer this is just a typo, why is there no entry on the Companies House website (UK's registrar of companies)?
5) ...
Hello Botticelli,"Bitllama Inc"... located in the UK... tell me:
1) How can your "collective investment scheme" be organized as an incorporation instead of a fund / trust under the The Financial Services and Markets Act 2000?
2) If your naming suffix "Inc" suggests the US business types S-corporate or C-corporate, how can you be registered in the UK?
3) Interestingly in your "Terms of Use" you use "Bitllama Ltd." ... the same corporate type as Bitstamp, which has the same address and the same Terms of Use ... copy paste?
4) But if you're really a Limited, registered in the UK and in the footer this is just a typo, why is there no entry on the Companies House website (UK's registrar of companies)?
5) ...
we are currently still in the process of registering the company as we had to sort out all sorts of legal, accounting and tax issues. We expect to sort it out sometime this or in the beginning of the next month. We are most likely going to use the company in the UK that Bitstamp used to register their services - this is why the same address.
Apologies for the .inc in the footer - you almost guessed it - not a typo but a placeholder text for footer we used during development. We'll fix it asap.
As sceptics ourselves, we completely understand your concerns, hopefully you'll be kind enough to check with us in few weeks when we're all sorted out legally and typo free - maybe even give the platform a try
Cheers!