Quote from: thy on February 19, 2014, 08:04:50 PM

Quote from: jdogg2020 on February 19, 2014, 03:57:15 AM

I'm starting to think getcoin365 was just another cryptostocks scam. They've missed their deadline for a second time with no updates, and worst yet there are 0 purchase orders on cryptostocks so investors have no chance to get money back out. When will cryptostocks begin to take responsibility for hosting a site that makes it easy for people to scam people?

Get365 has raised IPO flag sometime after the 4 feb, that clears the exciting order book and no one can put up any sell-orders and you can only put up buy stocks from get365 at there IPOprice.
No announcement from get365 that they did raise the IPO flag even. get365 did have open trades for 40+ days before they stopped peoples abillity to freely trade in it. There's one thing if a company already in the contract announces that they will have a IPO flag and for what period it will be like that, then people have a choice whether or not they want to invest in something with no liquidity for a certain period but cryptostocks should still clearly announce such new features and stocks that have the IPO flag active should have a it cleary visible both on the list of projects and on the page you buy there shares.

But allowing companys to raise IPOflag at any time without offering anyone thats already invested to sell there stocks as the condition they invested in has changed is totally unresonable that cryptostocks have started to allow that, especially on stocks that was started before the IPOflag excisted.
I wounder if cryptostocks like to compensate everyone that possibly might loose bitcoins because of that cryptostock made this change without even announcing it and added the possibillity for scamcompanys to lock shareholders in without any warning whatsoever.

Exactly! Being able to raise the IPO flag whenever and with no warning may be good for the "companies" that have shares on cryptostocks but it certainly isn't good for the investor's. I've tried to contact cryptostocks and getcoin365 but I haven't gotten any response from either of them. I guess i'm out my money on this one but cryptostocks will eventually lose all their investors if they continually let fake companies scam people and don't do anything about it.

jdogg2020

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