RE: [WARNING: SCAMMER on Steemit] - "Steem Cash" is the latest project of a known con-man
Hi Michael,
and yet Mark Lyford & Banx Capital was a complete scam & given that Banx Capital is alive with ML as director & secretary the scam is ongoing, even though ML declared that "he had closed it down", he didn't close anything down,
look at the share issue,6.000.000 shares at (for easy reckoning) $1 per share, ML then doubles the share quantity to 12.000.000 yet keeps the share value the same, how does the value of a company double in value overnight without doing anything?, ML not being satisfied with this increased the share issue 10 fold to 120.000.000 without reducing the share value, so overnight the company is claimed to be worth $120.000.000, how is that legal or possible, it is total misrepresentation to anyone purchasing shares,
what about the fake profit statements?, I had 30k in Banx, ML issued me with online statements showing me that I had made a monthly profit of 10% until my share ownership was valued at 51k, completely bogus profit declaration, in writing too, Lyford has never issued any accounts, they will be overdue at companies house very soon, he won't & can't post any accounts so like most of Lyfords other entities, Banx Capital Ltd will be forcibly struck off,
so Lyford pretended to close things down, possibly,just possibly he turned off the website for a while, he added the word "now" so "Banxnow"& then turned it back on,that is the sum total of Lyford closing Banx down, so where did all the money go? somewhere between 750k & 1m pounds vanished, the investors haven't been repaid, the ones that fell for round 2 of the scam accepted Entrepreneur Action "tokens" (why not be real & call them shares?) as replacement value for the share value they held in Banx, once again Lyford trots out the usual "this business will work because I am passionate about it, I'll work all night long ..ad nauseum ", so what has actually happened to EA?, has it been the unparalleled success that Lyford claimed so that all investors would be repaid?, not quite, it hasn't actually kicked off yet, Lyford has his monthly clock counting down to zero hrs at the end of the month when it will all spring into life, unfortunately the clock is on round 5 of counting down, I hope that ML makes a ton of cash from Steem so that he can repay all of his investors but I do not believe for one second that he will repay, whatever he does he does it for himself,
I am only scratching the surface here, the fraud goes on & on, and Michael, I am being rational so willing to discuss sensibly, I have tried talking to ML but he refuses to answer the most basic of questions & he gets verbally abusive & combative in a heartbeat, I understand the mentality, he cannot answer the questions so frustration sets in & he loses control, perhaps you can answer the questions Michael, you were on (are still on) the team sheet for Banx, you're also on the team sheet for EA, ML has blocked me in all mediums my only open avenue is legal,yet like any scammer he claims to "not have anything" this is not true of course, the legal entity for EA "entrepreneur International Ltd" has the same person as director & secretary, that person is Lyfords brother, Carl Holyland ( yes different name, Mark Lyford was Mark Holyland).....it is odd that Lyford has nothing to do with the baby that was going to resolve all of the Banx investors problems, sorry to be banging on here, I have uncovered enough for a book!, cheers Phil Winfield
and that's my real name BTW, contact info freely given to legitimate folks