Thanks for the warning. For me, this part:
"Shareholders will be given one DIBCOIN dividend for every one share they own of Sunshine Capital, Inc. for shareholders of record on October 10, 2016. Sunshine Capital will be holding nearly 5 billion DIBCOINS in its portfolio, but will only release a small amount of DIBCOINS to the public, since most of the DIBCOINS will be used by the Company to purchase assets and other corporations without diluting the shareholders in Sunshine."
Shareholders get some? I thought maybe I would buy some stock at this point (not joking).
was a real red flag. Unless proven otherwise, I'd assume that whoever's in charge of Sunshine Capital Inc. has gotten the idea that cryptocurrency is hawt & is using Dibcoin as a way to pump the stock.
I just read SNCP's fact sheet at OTC Markets and I saw this little gem:
In 2015, Sunshine Capital, Inc. created a publishing division and has signed a contract with Widjits Inc. Sunshine publishing has under contract Daniel Duffy, a nationally recognized stock market investor and author, to write and publish three of his books: the first, a description of his success in the marketplace including insider tips; the second book, a rundown of the mortgage and credit fraud case including information the credit bureaus don't want you to know; and the third book, a telling of the whole story of his murder-for-hire trial and the case for his defense.
Ooookay...
"a telling of the whole story of his murder-for-hire trial and the case for his defense."
Never mind, I think it's going to do really well. :)
DIBCOIN sounds great with Duffy advising the company he already as a proven track record, of buying 140M dollars of companies using stock, now using cryptocurrency as a form of money is awesome .
As far as pumping their e stock no way they have never paid one PR firms to do that ever. Duffy is gonna prove that the cryptocurrency market is real, I realize where he is at but this guy is gonna help us alot . Once Adam Petty and Honson Luma acquire the first company using DIBCOIN ITS ALL OVER.
DIB Funding and Sunshine Capital will be the first to do that and it brings credibility to our market. I want and know they are gonna do it. For all the cryptocurrency fans lets all hope this company pulls this off.
#DIBCOIN #SCNP #pennystocks #Duffy
Well, we'll see. Spotting a "red flag" is not an accusation, it's just a decision point that says "too risky for my blood." In the heat of speculation, we sometimes forget that. :)
Above is my opinion; everyone's free to agree, "meh", or disagree like you did. :) Good luck.
I hear ya. I respect that. Everybody should do thier due diligence for whatever opportunity that comes their way. The use case is very simple, using DIBCOIN as money to acquire private business and government patents within the organization. Think about the few dozen of altcoins trading with no real methodology, but still trading.
DIBCOIN whole objective is to prove that cryptocurrency is real money and can be used to purchase real companies with real net assets.
Yes, I agree only time will tell.
Regards
"Traditionally, public companies have structured acquisitions using stock issuances, which dilutes the shareholders' interests, or encumbers its balance sheet with debt to purchase target companies. Sunshine's concept will do no such thing. In contrast, Sunshine's use of DIBCOINs to purchase other entities will not result in debt or dilution on its balance sheet."
That is a first!!!!!!
It will be like using cash to buy profitable private companies and assets for Sunshine Capital Inc.," stated Honson Luma, Vice President of Sunshine Capital and DIB Funding, Inc. "DIBCOIN will not only be accepted online, like BITCOIN, but will be accepted in the brick and mortar world as payment for acquisitions. One of the ultimate goals is to prove that cryptocurrency can be used just like the U.S. Dollar."
Right there read that good they will prove Cryptocurrency can be used just like the US Dollar!!!!!!
Sunshine Capital will be holding nearly 5 billion DIBCOINS in its portfolio, but will only release a small amount of DIBCOINS to the public, since most of the DIBCOINS will be used by the Company to purchase assets and other corporations without diluting the shareholders in Sunshine
There it is they will only be releasing a little amount of DIBCOINS to the public not 5B Coins, they are gonna,be used to buy assets in the real world and think about it, to be a real currency you have to have to have a lot in reserves to be able to get that currency circulated.
#DIBCOIN #DIBFUNDING #SCNP #Duffy