I believe Coinmetro is actively over representing its assets in order to gain venture funding. They achieve this by:
>holding a large portion of xcm token supply
>raising price floor to 60c, 2x above fair price
>reporting xcm holdings at 60c each on their balance sheet, even though they could not be sold for anywhere near that ($650 daily volume)
They have been actively seeking venture capital to expand and have been distributing our firms value to VCs most likely based off a 60c price of all our xcm holdings. Should I gtfo of this firm immediately? I've looked into the countries xcm is regulated in and this is classed as fraud in every single one. what do biz?
Insider here
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Insider of one of those VCs here, kevin randomly came into our office unannounced and tried to get us to buy xcm, at the time we didn't even know who coinmetro was.
Kevin announced in the AMA yesterday that the next raise has been kicked back to Q2 2023. So your hypothesis seems a little premature.
You really expect people working in coinmetro to keep up with the company news lol
he is kicking back the raise because itll never happen. there is not enough liquidity to justify another raise, and continued raises being promised are just a method to jawbone dumb money into the project who will never be able to sell
And this directly contradicts your first post. Nice try pajeet. How's that LCX working out for ya?
Makes sense. The tax fraud thing is probably real too, the article is still live on the eesti express website. There is no legal team following up and the only notice they put out was on their fucking telegram channel.
Honestly the fact they bothered to put out a whole doc is pretty bad, that article had like 5 views
I wish I never bought XCM. Only bought 500 worth but still. The money is stuck there now, hoping for something that probably wont ever happen. Fuck you kevin. Remove the fucking price floor
>Above fair price
Kys
Are you that larping idiot with the gay profile pic that just got btfo'd on telegram?
quick rundown?
ohnonononononono
>nuclear option
>reset the book
>limit selling
I just listened to the ama... I will be handing in my resignation tomorrow. Suggesting holders look to the long term instead of short, but then implementing short term bandage strategies instead of ripping it off now and letting it heal long term. I refuse to be a part of this
last ama youtube.com
> 5 views
> 41 comments
hmmm
is it that nigger "chad" account in the telegram
go back to your LCX chat
kudos to Kevin for retaining his cool while having to deal with mountains of idiots and grifters trying to fuck up his company
You must be talking about that Chad King? No, but he voiced points I have been thinking about for a long time and the fraud was something I hadn't considered. Now it's blindingly clear. I could absolutely see Kevin and his monkey board pulling something like this and VC funding has been all the talk for who knows how long now. Plus I agree its unethical. No longer want to be a part of this
kek it's 100% him
the same time he posts this he posts on telegram
how do those bags feel, nigger
i bought in well below price floor and it's less than 10% of what i have, it feels great
much better than holding an unlicensed security like you, i can tell you that
i'm non-ironically bullish on xcm
>insider
>believe
go back to bed monty