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Author Topic: [ANN] WhiteGoldShares - Business Plan Nov 17th 2014 (WGS)  (Read 6679 times)

EvilDave

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@k_day....don't worry, mate, i'm still being sceptical.
My post just showed that there is a market for camel milk, and that it MAY have benefits.

One red flag I'm seeing are the posting times.....unless I'm completely off with the timezone calculations, WhiteGold posted all the way thru the night (in Perth WA) , which is kinda dubious for a farmer.

I'm gonna give him a phone call in a few minutes, it's early morning now in Perth:
http://gila73.wix.com/acdc#!untitled/cyuu
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k_day

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@k_day....don't worry, mate, i'm still being sceptical.
My post just showed that there is a market for camel milk, and that it MAY have benefits.

One red flag I'm seeing are the posting times.....unless I'm completely off with the timezone calculations, WhiteGold posted all the way thru the night (in Perth WA) , which is kinda dubious for a farmer.

I'm gonna give him a phone call in a few minutes, it's early morning now in Perth:
http://gila73.wix.com/acdc#!untitled/cyuu

Thanks for looking into this for us EvilDave!
NXT --> NXT-BY7Y-UB4X-6Z3C-8PP3V

EvilDave

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Well, my lookings not getting very far.......phone call led me to the voice mail for AustralianCamelDairies, as expected.
Haven't had a reply to my mail yet, but it is early in Oz.

Right now we need to see a link between the ACD/WhiteGold operation (as seen on F*c*book, LinkedIn and their website) and the OP of this thread.
Without that link, this thread is meaningless.

I'm off to bed, I'm looking at 2am right now.
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printshop

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Well, my lookings not getting very far.......phone call led me to the voice mail for AustralianCamelDairies, as expected.
Haven't had a reply to my mail yet, but it is early in Oz.

Right now we need to see a link between the ACD/WhiteGold operation (as seen on F*c*book, LinkedIn and their website) and the OP of this thread.
Without that link, this thread is meaningless.

I'm off to bed, I'm looking at 2am right now.

Yes I was looking this up too and there's no link that I could find, maybe others could be more successful. The response "inbox me here" didn't set the right tone.

I think because so little is known about autism, this is where science goes to die. People tried (and some still do) to blame vaccines and that didn't go great. I've heard that coconut oil cures autism. Bleach(?!) apparently helps. Seriously, the list goes on and on it gets more and more absurd.

And now we have camel's milk.

The first study you posted EvilDave is a mother's anecdotal account of giving her child camel's milk. I think we can probably just agree to throw that one out.

I don't like how camel's milk is being advertised as a sort of snake oil. Saying it cures longstanding social or mental disorders is a bit rich, and obscures the underlying business. As does the request for donations. That is basically what turns me off here, that and the whole thing doesn't actually seem to be related to the australian camel milk farm whose logo they are using. But that one is just a hunch.

Well, I'll put it through my standard test of an existing, real-world business, which would like to expand; Six months of stable dividends will be proof enough for me it isn't a scam (read: potential failed business) :) I am a real hardass.

Probably the one thing that could convince me to invest earlier is if I saw a shareholder's agreement or if they could show financial statements for the last few years.

EvilDave

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Sorry, everyone, looks like this Asset issue is a scam.

Just had a mail back from the real Australian Camel Dairies, and they have no idea about this Asset.

Heres the issuing account:
http://nxtreporting.com/?a=NXT-83AP-ALZF-V7LM-62NF2&c=EUR
Could everyone who invested in this post their losses here ? Doesn't look like too much so far, but every single scammed NXT is one too many. Grrr....

Heres my mail exchange with ACD, mail address from their website:
http://gila73.wix.com/acdc#!untitled/cyuu
***********************************************************************************
Dave,

My Name is Hila Berman, I am a director of Australian Camel Dairies.
My husband Gilad and myself have got nothing to do with that Business Plan.
Furthermore They are using our logo, Facebook and assets and I am about to meet
a lawyer to discuss our way of action.
Australian Camel Dairies is INSOLVENT at the moment and the assets presented in the Business plan Belongs to Australian Camel Dairies.

Thank you,
Hila Berman.
ACD Director


On 18 November 2014 07:49, DaveNXTFound <Davenxtfound> wrote:

gilad:
 
I've just been presented with a business plan that seems to be linked to your Facebook account and business.
Could you take a look at this:
 https://nxtforum.org/assets-board/%28ann%29-whitegoldshares-business-plan-nov-17th-2014-%28wgs%29/
and let me know if this is in fact part of your own project?
 
Thanks,
 
Dave P.
NXT Foundation.

********************************************************************************************


 
« Last Edit: November 18, 2014, 01:58:41 pm by EvilDave »
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Darkhorse

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 :-\ another scam asset. The DYOD is not being effective enough here. What can we do about this? Ideas?
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blackyblack1

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:-\ another scam asset. The DYOD is not being effective enough here. What can we do about this? Ideas?
Check facts before buying into asset maybe?

Daedelus

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Well done Dave, I had a quick google yesterday but no easy trail jumped out to follow.


I get the feeling we have 1-2 prolific asset scammers... some are well researched and convincing with a similar feel. Interesting to see what the response is, if any...
NXT: NXT-4CS7-S4N5-PTH5-A8R2Q

RAlex

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Makes me sick seeing 1.3mil NXT in his account and reading this
"Why am i doing this? My beautiful daughter Anne has low-functioning Autism"
How much lower can you go?


BTW, I only invest when I see where did money came from into the issuing account. If it's BTER, I'm out.
EDIT: (GBB) God Bless Blockchain for that.

valarmg

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Makes me sick seeing 1.3mil NXT in his account and reading this
"Why am i doing this? My beautiful daughter Anne has low-functioning Autism"
How much lower can you go?


BTW, I only invest when I see where did money came from into the issuing account. If it's BTER, I'm out.
EDIT: (GBB) God Bless Blockchain for that.

He doesn't have 1.3million Nxt in his account. He just has 130,000 shares of WGS which he's trying to sell for 10Nxt each (that's where the 1.3million figure comes from). He has 16,000Nxt in that account which is how many he sold before Dave's revelations.

When an unknown issues a new asset, it should be treated in the same way as a Nigerian prince sending you an email. After a week of due diligence, maybe people could start thinking about buying assets. People throwing money at things like this after a single day is just going to attract scammers like flies.

Perhaps projects like this should be directed towards somewhere like Nxt-starter.com, where a few more checks and balances would be in place. People would have to refuse to fund directly issued assets like this.

« Last Edit: November 18, 2014, 01:29:47 pm by valarmg »
NXT-CSED-4PK5-AR4V-6UB5V

sadface

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damn. thanks for your effort dave.

jefdiesel

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When an unknown issues a new asset, it should be treated in the same way as a Nigerian prince sending you an email. After a week of due diligence, maybe people could start thinking about buying assets. People throwing money at things like this after a single day is just going to attract scammers like flies.

Perhaps projects like this should be directed towards somewhere like Nxt-starter.com, where a few more checks and balances would be in place. People would have to refuse to fund directly issued assets like this.

People just get greedy and entranced by a well written ANN
Member of D.O.R.C.S., creators of Lyth - An Emergent Trading Game | Asset ID: 2318361924203311027

pf

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Until you see the humps on an asset, it's probably a scam!
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pf

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Thanks for all your support guys, another big day tomorrow! it really makes me smile to see positive comments and support.
Fuck you, you low life scumbag snake.
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whatnxt

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Thank you EvilDave,

You saved me a lot of time researching this.

NXT-UAPC-3T43-FFT6-HW5BZ

pf

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Why am i doing this? My beautiful daughter Anne has low-functioning Autism, we wish to spread awareness of Autism, My wife Lynne is in the process of setting up a autism awareness program - basically all my profits from this business is being tunneled into this - apart from a small margin to keep the business running.

So if you dont wish to take part in the shareholders program but wish to help out in some way, we would all be truly thankful for a small donation, it would go a long way.

i have set up donation accounts for both NXT & BTC.
You know what? I didn't even lose a single NXT and I think you're one of the slimiest motherfuckers that ever walked the earth.  Do you feel like you're 'working hard' when you're setting up scams like this, playing off of charities and autistic kids and taking advantage of people who aren't low life slimy motherfuckers such as yourself? Does any part of you not feel exactly like the cancer that you know you are?
Do you laugh to yourself when people invested NXT and think "haha, those suckers, can you believe they fell for it?"? Guess what, the reason that some people probably did is because they aren't low life greasebag skid scam artists like yourself, and that they have some kind of human decency. I wouldn't piss on you if you were on fire, I hope you get everything coming your way.
I can't wait for karma to catch up to you and fucking ruin you, pal.  People like you should rot in jail for the rest of their miserable lives, I can't wait for it to catch up to you.
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rnr

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@pf: Just came back to this thread for write the same thing: Karma strikes back!
@WhiteGold: Remember our words when the time comes ;-)

satoshi

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I have lost 2980 NXT from my personal account.

The concept is solid, http://en.wikipedia.org/wiki/Camel_milk

The current market for the milk in the US is for medical purposes and as a food for ethnic populations. There is also a very large demand for the colostrum, which is in very limited amounts and is quite expensive.

The cost of producing a quart of camel's milk is considerably higher than that of producing a quart of cow's milk; approximately fifty times more expensive. In the United States, female camels are very rare; they mature slowly and can be bred safely only after age four. Their thirteen month gestation period must conclude in a live birth followed by suckling, else the female camel will stop producing milk. Unlike a dairy cow which is parted from her calf when it is born and then gives milk for six to nine months, a camel can share her milk with the farmer and her calf for twelve to eighteen months.


Only in Australia, camels are considered as pests, so can be acquired very inexpensively.

But the asset issuer is a certified scumbag, instead of working on the concept he chose to con people.

 
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Zahlen

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Sorry to hear about the losses.

Something from my AE tutorial:

Quote
You should also check that the issuers are who they claim to be. e.g. if someone advertises shares for profits from running a restaurant, you'd want to at least check that the restaurant exists, that they own the restaurant, and they know how to run a restaurant.

Could someone (with more experience and clout than me) create and maintain a "Dear investors, please read this first" stickied thread? Put up guidelines and recommended practices. This also lets asset issuers know how to increase the community's confidence in them.

Some other parts of my tutorial that might be relevant (feel free to use anything in it):

Quote
Usually it's more accurate to describe asset tokens as a promise by the issuer to e.g. exchange it for a bar of silver, pay dividends from company profits. The Nxt network cannot enforce these promises, it's your responsibility to check that the issuers can make good on them, and accept the risk that they may not keep it.
Regardless of how much due diligence, or even active involvement with the asset you perform, things beyond your control can still happen. Even the most trustworthy and capable people can be hit by buses. Consider not buying into any asset more than you can afford to lose.

Quote
A good question to ask yourself is: "How favorable is it for the asset issuer to disappear with any Nxt gained from asset sales, compared to if they stick through with their promises?" If e.g. the issuer is anonymous, stands to raise a lot of Nxt from initial asset sales, and/or their stated plan for the asset seems very unlikely to be favorable for them, then they have incentives to just run away with your Nxt. But if e.g. the issuer has a reputation they want to protect and build on, and they have a sound business plan that stands to make them a lot more Nxt than the initial asset sales, they have reasons to honor their promises. Weigh the risks against potential returns before deciding if, and how much, you want to spend on an asset.

printshop

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:-\ another scam asset. The DYOD is not being effective enough here. What can we do about this? Ideas?

I looked into it, so did EvilDave and a few others. What we really need is a company that does this kind of work, but.... there's no money in it. For now it looks like until I can build up KNS or until NXTinspect becomes more of an institution, you're on your own. Edit: Anyone want a job?
« Last Edit: November 19, 2014, 02:24:37 am by printshop »
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