By "spamming" I mean the sending of unsolicited marketing messages using a "contact list" as opposed to having established specific working agreements with said party.

$1.2 million may sound like a lot of money to you and yes - it can pay a few salaries for a year - but it's a drop in the ocean in broader terms and will quickly disappear if the business plan doesn't deliver the next $1.2 million fairly readily.

The reason I made that post is that if you're going to name drop a $6.5 Billion capitalised entity as being an "associate" of the project I think it's only fair to qualify whether the nature of that association is co-operative or unilateral. i.e. is Bitbay team just going to "lobby" these types of companies in the hope that they become interested in the offering or is there a pre-existing relationship with already open doors, albeit with conditional locks.

I realise that we're not buying shares in a company here, so "suck it and see" rules apply. All the same, you're still putting real money into that will be paid to real people it and if it *was* a regular type startup operation you can bet your bottom dollar that no VC would touch it with a bargepole without those kind of little teases being ripped out of the promotional detail, turned inside out and upside down so as to discover their exact nature and whether the use of that name is justified in attracting investment.

http://www.youtube.com/watch?v=tauI0GdKcTc