Oh there more than likely is and I suspect it's the very same fella running the project.
We're going to capture 2% of the network mining market. Oh yeah, we'll be basing our decisions on shareholder driven votes. We plan on developing our very own in-house asic's.
The sheer # of lies and misrepresentations that have come out of the cryptx camp are simply sickening. This guy has made money hand over first running this dual long-con.
Maybe he's holding on the reinvestment fund to start that in-house chip development project he's been touting since the beginning? (yeah right)
I feel bad for everybody that's losing money to this con man.
What freaks me out is the lack of visible information/stats.
You give me 100, I pay dividends weekly, decreasing, up to... whatever <100 and blame it on difficulty and other issues.
= I don't need a data center. I don't need miners. I don't need people to run servers. I just need to pay dividends and invent plausible numbers each week.
Multiply 100 for the amount of BTC shareholders paid initially (1162.281 BTC) to what they paid until now(142,32244779 BTC in dividends).
1019.95855221 BTC... where are they?
It is too easy to run this scam and pretend they are doing it right and "legal".
Why not posting screenshots of the invoices they paid for the miners? Or of the electricity bill? Or salaries of the technical workers?
If they feel they are doing it all right and in a legit way, why hiding this info?