GDorn
3 years ago
SEC Update
From yesterday's 10-KT:
During the nine months ended December 31, 2021 we were not involved in any material legal proceedings, however, we have received a subpoena from the United States Securities and Exchange Commission (βSECβ) for the production of documents.
We have reason to believe that the focus of the SECβs inquiry involves whether certain federal securities laws were violated in connection with, among other things, the offer and sale of our now discontinued Apex sale and leaseback program, the operation of our direct selling network now known as iGenius, and the offer and sale of cryptocurrency products.
In the subpoena, the SEC advised that the investigation does not mean that the SEC has concluded that we or anyone else has violated federal securities laws and or any other law.
We believe that we have complied at all times with the federal securities laws. However, we are aware of the evolving SEC commentary and rulemaking process relative to the characterization of cryptocurrency products under federal securities laws that is sweeping through a large number of businesses that operate within the cryptocurrency sector.
We intend to cooperate fully with the SECβs investigation and will continue to work with outside counsel to review the matter.
So the investigation is about Apex, which crashed near two years ago. And or, iGenius, the multi level marketing dollar spinner for INVU. Well in part iGenius is a straight up pyramid scheme but that is FTC territory not SEC.
Again, and or their cryptocurrency products. NDAU feels like a standard pump and dump scheme. But CRYPTOelete really gives the SEC something to sniff around. A pure passive income opportunity soliciting US investors without any US securities registration.
To say INVU would never be stupid enough to be on the wrong side of the law like that are forgetting 2018 settlement between INVU and the CFTC in which "Wealth Generators" (iGenius' previous name) would up drop one of their "product offerings," a passive income FX deal and paying out a $150K fine.
So as things stand we don't know which of iGenius' product offerings has drawn the ire of the SEC but eventually it will be revealed.
ap17
4 years ago
NDAU Available on Liquid Exchange
We're thrilled to announce our exciting news: NDAU is now available to trade and buy on Liquid Cryptocurrency Exchange, a popular Asian cryptocurrency exchange. The NDAU markets are open for trading with the NDAU/USDT market pair.
βWeβre excited to be added to the Liquid exchange, which is so important to the Asian community of cryptocurrency traders. NDAU opens doors for more people to participate in the opportunities weβre creating as an adaptive store of value. Anyone with a smartphone can easily purchase NDAU without needing access to a bank account.β β Rob Frasca, director at NDAU developer Oneiro.
Liquid is a leading global fintech company founded in 2014, with Japan, Singapore, and Vietnam offices. Liquid was the first exchange licensed by the Japan Financial Services Agency in 2017, and in 2019 the exchange's yearly trading volume exceeded 60bn USD. The company is continuing its focused expansion into 2021 with the development of the "Liquid Stablecoin Exchange," which is a trading and payments platform focused on leveraging the growth of stablecoins.
βWe are happy to move forward with the NDAU token listing. Such a blessing to be a part of their successful journey and offer NDAU to Liquidβs trading community.β β Mike Kayamori, co-founder and CEO at Liquid.
ap17
4 years ago
Interesting email about Ndau.
NDAU Continues Steady Growth
CoinQuora recently featured NDAU highlighting its stability in the ever-changing cryptocurrency market.
Long-term holders have long been looking into alternative stores of value, and the attention has begun to shift to those that offer greater stability and appeal to more conservative investors. NDAU is such an asset. CoinMarketCap shows that NDAU has maintained its price in the $24 range despite the steep drop in technically every other offering on the market. Ciarán Hynes, Managing Partner at NDAU investor COSIMO X, has called the asset βthe only green in a sea of redβ after its performance amid the current market correction.
Read the full article here
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Demand for NDAU has soared over the past few weeks after the listing on the Bittrex Global exchange and a $1 million investment by Investview.
Finance Magnates sat down with Rob Frasca to learn more about what makes NDAU so appealing.
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Read the full article to learn:
Why an adaptive store of value is becoming an increasingly appealing to institutional investors
How NDAU fits into the general digital currency space
The size of the market and why it's going to go up five times
What NDAU's built-in monetary policies are and what they mean for holders
In case you missed it, check out the NDAU AMA with Rob Frasca and Stephen Stonberg, from Bittrex Global.
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Moving up the Bonding Curve!
The last tranche of Axiom Foundation issued NDAU at a price of $26.5838 has been sold, which has driven the next issue price up to $26.6096. This represents a very positive trend as the price of NDAU is now solidly moving up the bonding curve. The next issue price and other useful data can always be found on the NDAU Blockchain Explorer.
ap17
4 years ago
Exactly, well said. So funny to see the obit of BTC and other cryptos.
Definitely an asset class that entrenched wallstreeters have no clue about, or don't want to have a clue. Love the quote below:
In order of those who get it the least to those that fully understand:
1. The entrenched wall street fat cats 20+ years experience don't get it.
2. The same group above, plus those who DON'T want to get it.
3. The wallstreet Pro's who not only get it, their already on board.
4. Last but definitley not least, the early adopters and youngsters, aka millenials.
The last two groups will leave groups # 1 & 2 in the dust, and personally, nothing.....absolutely NOTHING thrills me more. Those are they very ones that stole from retail cheating and/or manipulating for decades. Now groups 3 & 4 will make the money 1 & 2 left at the door.
ap17
4 years ago
NOPE! It will cost you money. Learn the coin. Like I said time and again:
I get it! Don't be group 1 or 2. warning, this tends to strike a nerve.
1. The entrenched wall street fat cats 20+ years experience don't get it.
2. The same group above, plus those who DON'T want to get it.
3. The wallstreet Pro's who not only get it, their already on board.
4. Last but definitley not least, the early adopters and youngsters, aka millenials.
The last two groups will leave groups # 1 & 2 in the dust, and personally, nothing.....absolutely NOTHING thrills me more. Those are they very ones that stole from retail cheating and/or manipulating for decades. Now groups 3 & 4 will make the money 1 & 2 left at the door.