https://www.cryptocoinsnews.com/josh-garza-to-launch-paycoin-media-tour/"Part of the problem is companies like Butterfly Labs, KnC and others have tainted the industry and caused so much distrust with their actions. Now people in this industry treat you as guilty until we prove otherwise. I am doing business my way.
We have lawyers and are directly in touch with the FCC, SEC and are hiring more compliancy officers and are in touch with all the different agencies to make sure we are in compliance. We are putting up millions of dollars and have a large customer and investor base that put their trust in us. We are not going to do this the wrong way and let everyone down. People that are detractors nothing will sway them. We can have them all come and go through everything and see it all and they will still say something is not right or we are hiding something."
This gave me a little relief, what do you guys think?
They couldn't hire enough devs or good enough ones and had to have members of HT read and edit Paycoin's "white paper". They can't even hire enough people for support. Why would you think they're hiring more compliancy officers? It seems like they don't have any at all to begin with.
That's the other thing. Josh has not hired a compliance officer, let alone "more" of them. They put their first job posting out 9 days ago seeking one. No way is one already hired and done with the SEC interfacing.
Ad is still up, does not look like it has even been filled yet:
http://www.indeed.com/job/chief-risk-and-compliance-officer-crco-efe57191577e613cAgain, clearly Josh ignored the fact he was running an unregistered security until 9 days ago, then thought "oh shit!" when reading the forums. Josh does not have the experience to run a business like this, assuming this was ever meant to be a truly legitimate business.
I'm trying to remember, didn't he call the Hashpoints "coupons" or something like that, to avoid them being treated as securities. Sorry, my searching abilities are impaired at the moment. I wonder if HT crowd is aware they are mining coupons.