Mirror (non)Trading International 3 - Freemasons,Russians,and no bitcoins

[quovadis]

Prescribed by what or who?

Managers could be subject to the same fiduciary responsibilities as directors

Managers could be subject to the same fiduciary responsibilities as directors_ It is important for people in executive and management positions to be aware that, despite not being formally appointed and elected as directors, they could be subject to the same fiduciary duties and liabilities as...

www.bowmanslaw.com

 

[quovadis]

I get what you're saying. The only test during liquidation proceedings are the insolvency of the respondent. Thus, that should be proven on a balance of probabilities.

Irrespective of the cause of the insolvency a creditors claim remains the same, but the question of how to recoup the money relies on the question whether it was a ponzi.

In other words, the value of a creditors claim stays the same but how the liquidator will go about raising money for the body of creditors will differ.

I appreciate the engagement and response - I’m genuinely interested in the process. If I may ask further - Does the calculation differ in terms of a claim value where at the outset for nomination purposes it is legally determined to be a ponzi vs it is not determined to be a ponzi? Is it problematic for a liquidator to approach and communicate to creditors based on accusations vs legal findings which may be claimed to be prejudicial? Also lastly, where an intangible asset such as Bitcoin is the primary medium - does the date of conversion/exchange differ depending on such a determination as a ponzi?

 

[Alton Turner Blackwood]

How much bounty would be given to track down Steynberg? Just asking for a friend.

Well, there were 160 000 member, if you charge them 20 bucks each, you'll sit with a nice bit of dosh

 

[Snyper564]

Omw I totally forgot I had a bit of a 1 on 1 with our dear Peter Muller back in thread 1...

Its interesting to note that he confirmed 30 founder members back then... There is lots of info back in those early pages that we didnt look into further or realise the significance of...

 

[Alton Turner Blackwood]

I didn't find Coenrad or his wife either. Maybe we should see who his family is? They might be involved.

He pulled out when he found out it's a Ponzi (in June 2020 already).

Wait, he's name is there: Coenie/Coennie, but he actually did resign as director in June

 

[Snyper564]

@4Snoopy so did they crash and burn or get out on time?

 

[Giepie1]

I knew it was not my imagination. In the video with Ulrich Roux, Cheri calls Charlie the COO. Watch from 48:40.

Jip, hy gaan op sy moer kry!!

Not sure if it's just my imagination, but did Cheri not refer to Charlie as the COO in one of the videos?

With the CEO missing, is he not then the guy FSCA, SAPS, etc should be putting pressure on now?

charlieward [Threat Awareness Wiki]

dishonest.co.za

Head of Strategy Implementation

 

[4Snoopy]

@4Snoopy so did they crash and burn or get out on time?

View attachment 985104

Apparently not all of it .... and wants to put in a claim with liquidators (but suspect he doesn’t have a claim as more than likely withdrew more than he invested “donated”)

 

[DesertWrangler]

Omw I totally forgot I had a bit of a 1 on 1 with our dear Peter Muller back in thread 1...

Its interesting to note that he confirmed 30 founder members back then... There is lots of info back in those early pages that we didnt look into further or realise the significance of...

View attachment 985102

You should call him on that number and ask if his reputation is intact.

 

[Spxdxrbxtxs]

detail
View attachment 985032

Summary
View attachment 985034
<sarcasm>Nice! 49 BTC for 11</sarcasm>

Thanks!

But, 24BTC off his down lines and he's devastated by the breakdown of MTI? No wonder! And he was cashing out his chips in big bulk.

 

[zerocool2009]

Saw a news24 article posted an hour ago... “will investors see any refunds in 2021”.

Sadly these guys (MTI) are working on the next scam already.

Expect nothing back, my honest view.

 

[notayoba]

You should call him on that number and ask if his reputation is intact.

Ha ha. He talks about being a trusted person, and having a track record.

I don't think he knows what that means. A track record of losing a million bucks in scams.

 

[zerocool2009]

Ha ha. He talks about being a trusted person, and having a track record.

I don't think he knows what that means. A track record of losing a million bucks in scams.

Rather trusted to be 110% scammed!

 

[Dr Ong]

You need to brush up on commercial law, boet. You don't need any of that. All you need to do is convince a judge that you are most likely telling the truth. You do not need to prove anything beyond a reasonable doubt (although that will help!). A person can use the MTILeaks data and if MTI does not rock up in court to dispute that with a reasonable explanation then there is no reason for the Judge not to believe it.

That is right now but if the FSCA issues a finding that MTI's taking of deposits is illegal (which I assume it will do), then the current shenanigans are mute. In that case, but I would need to consult the brilliant legal mind of @Dr Ong 's friend, it all defaults to the state if recovered?

 

[Spxdxrbxtxs]

@Snyper564 - look what i found while searching for Liz!
Nice bit of sleuthing from the early days!
FxMam for JS.

Mirror Trading International

Unfortunately with get rich quick schemes even our thread is likely to draw more new users than preventing new users from signing up. Desperation have a strange ability to blind people who might find this thread that they will only read "Make big money" and completely ignore the information in...

mybroadband.co.za

 

[psssst]

Managers could be subject to the same fiduciary responsibilities as directors

Managers could be subject to the same fiduciary responsibilities as directors_ It is important for people in executive and management positions to be aware that, despite not being formally appointed and elected as directors, they could be subject to the same fiduciary duties and liabilities as...

www.bowmanslaw.com

I have in writing from MTI legal validating that lindtballetjie was managing team and leadership ..I have her on telegram confirm she will have legal contact me on Monday upon which he did ...

Points : 1 to US
: 0 to MTi

on second thought perhaps not a bad idea to ask Duane to tell his new bestie Charlie to bring along Mr Gray when he comes to Freestate for facial reconstruction and also transplant of liver and kidney..
would like to ride him like I ride my MTB ...

not sure if this will be helpful.?

 

[expedite]

Managers could be subject to the same fiduciary responsibilities as directors

Managers could be subject to the same fiduciary responsibilities as directors_ It is important for people in executive and management positions to be aware that, despite not being formally appointed and elected as directors, they could be subject to the same fiduciary duties and liabilities as...

www.bowmanslaw.com

Ok, that is basically exactly the same as a de facto director. The de facto concept is well established and has been the subject of many judgments.

Prescribed officers is another matter. Besides a company secretary and audit committee, prescribed by the Act when related to public companies, I am not aware of any that relate to private companies, or companies with a well developed (and adhered to) management structure.

MTI recently made it quite clear that JS was main man and just about everything required his authority. In other words he never said "you need to speak to so and so" or "that is Jack's domain". They only made much mention of "Tech are on it" and the wheelie bin.

 

[psssst]

vrystaaaaaaaaat!!!!!!!

 

[Def-e-nition]

..i gotta tell you, this Harry page and his new bunch of pals, are having a bit of a field day with Cheri and the bunch.
The Ward's for some reason are not changing their numbers, leading to some hilarious call outs : and subsequent blocking...

Charlie himself, took a swipe at one of his old mates for calling them out as a bunch of thieves , after which the boere invited him over to the free State for a"chat".

The whole party of investors in town are reeling. Reality is setting in that their money is. Bye bye.
Cor has all but made his fb private: for some reason i cannot even seem to pick his page up even in a search anymore, and though i honestly hope that it's only a rumour mill( it must be , surely) one of the uplines has mentioned that 4 people have committed suicide over the losses each incurred.
Only reason i posted it, is because mathematically, out of roughly 90 000 depositors, and after seeing what I've seen , I'-d say it wouldn't be so far fetched as it seems.


Downlines keep referring to the magnanimous amounts of money known upline referrers made , when plainly and painfully it is nothing more than a redistribution of wealth, ignited by stealing. (The servant leadership part). Their mannerisms and speak will unsettle you from the outside looking in.



Whales remain hopeful, while " mti what now" at one stage were uttering inferences about Johan with 2 N's needing a burial service or lead for breakfast ..

Die manne is kwaaaad jong.
Eishhh.

 

[RedViking]

Has there ever in the history of ponzi schemes been money returned to the sheep?

Now what makes this any different.