—> CREDITS CRYPTOCURRENCY CRED CX : JULY – AUGUST COMMUNITY UPDATES AND RUNNING ANALYSIS

https://new.reddit.com/r/CreditsCryptocurrency/comments/937w1n/we_need_to_talk_about_credits_llc_re_cfo/

We entered into August 2018 now a full 7 months after the launch of Cred CX @ Credits.Energy

As the jingle goes we have been hearing “Credits Cryptocurrency, Supports Green Energy”

Many are only waiting to have an exchange listing…. Many are questioning what they really have received after they paid for their Cred CX coins.
Most do not know they are still waiting for an actual Cred CX cryptocurrency coin.
If you read this I hope it will help educate some on matters of a cryptocurrency the one in review here is based upon cryptonote – The most popular cryptocurrency like Cred CX is Monero.

I would go over the last 7 months but there is little to Report. So little to report that Credits has not released a much anticipated end of July update as they did with the end of June. The end of June report was mostly about challenges and future or forward thinking and goals. Nothing in the way of a verifiable blockchain / coin.

Some ICO fundamentals:

~Dollars and Cents~
How well did the pre ICO and ICO and Now crowd sales do from a financial perspective is not clear to to purchasers and or investors alike.
The only thing I find is that in a May 2018 they edited the timeline infograph they ~ failed to reach the softcap of 100 million Cred CX sold. They have subsequently said that they have exceeded the softcap but have not made known a hard cap, nor do we know how many Cred CX where purchased as of this date.

As well they also have not published any official figures from their corporate offices regarding bonuses, incentives, airdrops or other distributions etc. This in addition to corporate distribution among themselves and their stake or holdings, the company, and what appears to be a un published foundation or “entity”, there are no details about any such entity as of yet in our knowledge. Perhaps the whitepaper plans have changed again with out noting public revisions.

We do know that they are still taking orders for Cred CX and are reportedly going to “explore” merchant account options. July saw Paypal suspended on Credits.Energy website. Another red flag.

Our analysis leads us to think it went something like this…
Read the following:

Go Fuck yourself Paypal from CryptoCurrency

Hello xxxxx,
We are writing to you in regards to your PayPal Account.
PayPal appreciates that you have chosen us to accept payments for your business. A periodic review of your account shows that you are cryptocurrency trading using PayPal.

However, unfortunately we have determined there to be excessive risk involved with the business model that you engaged in using PayPal. While we wish you the best of success in your future business endeavors, we respectfully ask that you seek another method of payment for the online business.

Your remaining balance will be held in your PayPal account for 180 days from the date your account was limited. After 180 days, you will be notified via email with information on how to receive your remaining funds.
We deeply regret any inconvenience this matter may cause you.
Sincerely, PayPal Compliance Department PayPal”

^^The above was of an IOTA trader a well established coin.

Cash is still king with this ICO it appears.

Looking at their past known published crypto addresses used at some time over the last 7 months to receive crypto payments for orders of Cred CX it reveals “nominal” volumes. The current address advertised shows zero activity for in puts and out puts at the time of this writing.

I it is another cleaning of the crypto slate as it where. No update notification has been given of the change on social media other than now perhaps here. By publishing the explorer to their adresses and hashes here I am not promoting anything.

You can explore them here:
Bitcoin: https://www.blockchain.com/btc/address/1JFz4UHRrsKnL5aGj5V87FxFz7RxAmDJ3m?sort=0

Ethereum: https://etherscan.io/address/0x8ca65a6e0839ea2de06e0741b6325b9629eff928

With out the public having kept track of previously published address one would not know that they raised anything via crypto during this ICO and the pre ICO based on currently available data.

Please see this post for IMPORTANT INFORMATION: https://new.reddit.com/r/CreditsCryptocurrency/comments/937w1n/we_need_to_talk_about_credits_llc_re_cfo/

~ EXCHANGE LISTING/S ~
There is no data to reference as to who Credits llc has been in talks with or what applications they have submitted to whom. They say that is what they are doing still. Acceptance is reported to have been granted by two exchanges as to why thy have not taken the listing offer and acted upon it until now is not clear at all.

They have said they want to get it just right and the coin was not ready for release and others agreed. I am presuming that includes exchanges feedback, with out comments on the acceptance and negotiating there is nothing definitive I can find to clarify anything re exchange listings chatter.
The exchange listing seems to be the number one question with Cred CX owners.

~CODE~
We did not see any new code commits to the official github. Reginald Gaines created the first cryptonote fork 2 years ago.
Forked from Appinvestor/cred and is found here: https://github.com/CreditsCryptocurrency/cred-1

Appinvestor Reginald Gaines aka Appinvestor a seemingly abandoned github account that points to a now defunct domain and email, attached to a Business “AppInvestor.Co Inc”
Seattle Wa USA
admin@appinvestor.co
http://www.appinvestor.co/

We do see the blockchain project for Cred CX “CRED-1” was updated 6 months ago on or about the time Reginald Gaines was last known to be developing for Credits LLC.

Reginald Gaines was known by me to have been paid by the founders based on past phone conversations,

In fact I advised founder Luke to cut him loose as he was at the time failing to deliver as contracted and development of the blockchain rested solely with him. He was holding the project up and I advised Luke to not be held hostage by a prepaid contractor and take the loss and move on quickly. Last conversation I had with him about it in Feb 2018 he reported to me that he had candidates lined up to replace him.

Mobile apps:
Bidhan Baral Co founder of Technojagat.com is said to be responsible for the android and iOS apps. We are not certain that what Bidhan and or others @ Credits in collaboration have released is a cryptocurrency / blockchain wallet. On Andorid the back end is served by firebase.google.com
Firebase is built on Google infrastructure and scales automatically, for even the largest apps.

Firebase is not a open distributed ledger aka blockchain. Credits plans to include a credits run private (in app) auth network in tandem with an actual open distributed ledger. How they have implemented this is unknown.
App Store Preview gives it a 5 out of 5 out of 8 Ratings currently.
The current progress report is minor setbacks re the mobile miner. No reports on any Windows, Mac, Linux wallets, or mining pools. As for as we know there is no published list of mining nodes or if code exist for “testnet” and or actual mining.

We have seen no community activity among miners to create their own pools to Mine Cred CX and there are literally billions that need to be mined.
What kind of computing infrastructure is Cred CX relying on in the future or have already deployed the blockchain on, who are the service providers, they are part and parcel to a healthy “ecosystem” who are the supply partners?
I am not convinced that withholding details about logical questions asked of a blockchain company start up, or not, is good for business.

The current advertised CTO @ Credits.energy is Justin Farmer, he has a previous private relationship with Rick Floyd CEO before both of them came to Credits.energy executive team.

He has been the chief technical officer according to the website since approx mid March of 2018…?

Justin’s code developments or those of others he is in charge of as CTO appear to be one of the most closely guarded secrets about Credits LLC’s coin Cred CX’s development, just as much as fundraising data and operations.

Although this is not a secret many people do not know about the webwallet (https://wallet.credits.energy/) that is believe to be in part coded by Justin and Bindam. There are no verifiable details known to me. It is the code that I can reference as proof of development and evidence of an accomplishment task as set forth in the companies whitepaper…

We do not believe it is a webinterface to an actual blockchain but the same corporate ledger as is found in firebase.google.com that drives the android app.

Why Credits LLC Cred CX did not update github over most of the life of this opensource code based project has no official explanation as far as we are aware. Why they have not released where the development logs and code are is a mystery to us.

We have to presume that there are in fact those things some where. Both developmentally as is financially this companies ICO has been anything but transparent where it matters most.

Lastly on the subject of this topic heading is Steven Crider the Sr. Product Analyst is hoped to be in a position to provide his analysis on the product.

~GREEN ENERGY~
“Kendra” highlights the relationship between Credits (CRED – CX) and renewable energy.
https://www.youtube.com/watch?v=YjSKSKMeK0k –
Published on 2 May 2018

^^That is pretty much all of what some know regarding aabout Cred CX and how it support green energy.

Last know relationship building with green energy groups was focused on Denver area associations.

A Missed speaking engagement.
Former acting CEO and Credits LLC’s founder Mr. Ingraham was said to have be confirmed as speaking on March 13th at Solar Power Mountain West about how Credits LLC via Cred CX is incorporating blockchain technology into the renewable energy sector. Mr. Ingraham was not able to attend that conference @ Colorado Solar Energy Industries Association (COSEIA).

Since that time there has been no updates regarding green energy relationships or building a community of interested parties in the purported solar energy project on the outskirts of Denver Colorado.

With out a doubt the real world clean or green energy producing project is the most significantly complex and challenging part for Credits LLC and it’s Cryptocurrency with a purpose .

It seems that Jared Wells has the best publicly documented insight on how credits is actually thinking in part what they are achieving in what can be called a Green energy Cypto Currency – A Crypto with a purpose.

“Credits.Energy, the “crypto with a mobile mining app that supports green energy,” aims to virtually eliminate the cost of supporting renewable energy. We asked Credits.Energy COO, Jared Wells, to explain what the current barri-ers to entry are in the renewable energy market:

“Mainstream adoption of solar and wind power is all about efficiency. Obviously, if I put a solar panel on my house, I need batteries to harness that power overnight, charge controllers to manage wattage and voltage, and a way to integrate that energy into the power system. These same basic components are required whether you have 1 panel or 400 panels . . . 1 turbine or 50 turbines. . . . So while the overall cost per watt in the solar and wind power har-nessing platform decreases incrementally by increasing the number of generation components involved in the sys-tem, it is inversely more expensive per unit of electricity to implement the smaller scale systems that can be afford-ed by an individual homeowner. In addition to that, there are so many people who live in leased or rented housing and are unable to attach solar panels or wind generators to their residences or who maybe just can’t afford to have their own system….

Credits.Energy intends to resolve this problem by allowing for simple purchasing and management of the CRED cryp-tocurrency token through their intuitive website and mobile applications. ”

Source: https://cryptogo.news/2018/04/21/pr-green-energy-crypto-credits-energy-ico-is-now-live/

Google search: Credits.Energy ICO is now live Jared wells

As it is with the CEO, CFO, CTO, and Developers, Operations @ Credits has very little shared data on the strides taken to invest into a green energy project/s on the outskirts of Denver Colorado. The location of the Solar Project remains undisclosed. There has been no comments by the COO Jared or press releases with regards to acquisitions, investment or strategic partnerships with any Green energy related entities to date.

Participants in this ICO who participated based on the green energy components are due for a long anticipated report on how their investment and purchases have contributed to green energy, the environment and how it has helped the Cred CX ecosystem” and various charities.

~Community and Ecosystem~
Other than this reddit and the Facebook & Twitter pages Credits does not have a perceptible community.

Some cryptonote forks attract anaon coin investors, cryptopunks, miners etc. As there is know known blockchain and wallet / node / miner for Cred CX it is no surprise they have not joined our ranks as of yet. There is always the future.
Adoption and traction take time and delivering open source software tools to the community to create an ecosystem / auth network and mine the coins as reward for participation in the auth network. Potentially billions and billions of of hashes waiting to make this a viable anaon coin.

As for Ecosystem there is none that we can speak of. One can use the apps or webwallet to send and receive in app tokens. The functionality is only extended to include the ability to send a one line note. We have not tested to see what is the character limit is or if it is encrypted and will be recorded on the immutable open ledger.

So as a community, or one on one, holders I suppose could use it as a message or note app. It would “cost” you 1 Cred CX per as many characters you can write in the line space provided.

Although Cred CX is as said as being based on cryptonotes cryptonight algorithm it shares the note feature.

XDN has built a solid cryptonote enterprise on this one feature. Cred CX is it’s sibling technically speaking.

“DigitalNote XDN is a decentralized private cryptocurrency. It is based on CryptoNote anonymous technology and has a unique untraceable encrypted messaging system with blockchain based staking for a defined period.” https://digitalnote.biz/

There is always a bright side and we hope Cred CX will come into that as soon as is possible. DigitalNote XDN had a name change and a history that had it reinvent it’s self several times…

About DigitalNote XDN
Formerly known as DarkNote XDN
Formerly known as duckNote XDN
As you can see they have has some stormy seas and “right the ship”. The question is how is Cred CX navigating those waters?
“May 30, 2014 — day of the first XDN block”

We have been long waiting and anticipating the announcement of Cred CX first block announcement.

With a new cryptocurrency the first block mined is like the fist minting of a new coin in metal. It is generally a celebrated event and anniversary date.
Accounts…

It is unclear how one deletes or closes out their accounts.

Example in the case of refunds. Do you send them back their Cred CX using the convenient email address feature they sent it from and use the Note space to file an invoice / refund? After that is settled how does one close the account out for good. How does one close an account or in cypto speak burn their coins with proof (on the open blockchain).

Not being able to transfer off app has left Cred CX use limited to, limited in app only functionality.

I have not ever seen any press or pr promoting this feature alone.
A community of testers would have really helped. No group feed back forum was used including this the reddit group. That leads us to…

~ PR / IR / Social Media ~
Very little evidence of a concerted social media campaign/s Relative new comer to the Credit’s team is Torin Tostanoski the “Social Media Strategist”. The strategy seems to be that less is more in the way of social media and customer relations / support.

As was pointed out to me in analysis of this aspect of this ICO was that one could have looked at the youtube channel and some have said it speaks volumes perhaps even enough to make an informed decision to pass on Cred CX – https://www.youtube.com/channel/UChi2qFyDx5mynP52lTjDRLQ

Stats
Joined Jan 16, 2018
162 views
0 Comments
VIDEOS: Uploads 1 title “Credits Cryptocurrency & Platform” 162 views 6 months ago

It appears to be abandoned. Rick Floyd has a youtube Chanel set up for credits but the original “official” youtube account is inactive for over 6 months now….
Bitcointalk.org – Good news they created a Topic for Cred CX there. A powerful creditable account and community to have a voice in as an ICO, trader, miner. Minimal activity on the content and any substantial information shared has given no cause for exposure to arguably an ICO’s best source of support in all things cryptocurrency. It is a market place for ideas and collaboration as well as investment and traders. See: https://bitcointalk.org/index.php?topic=3086671.20

Most PR was done in the form of paid for press releases and they where picked up and syndicated on crypto centric investments aka ICO’s and technology blogs. I do not know of the effectiveness of the paid adwords and facebook ads. Facebook delivered a blow to all ICO’s this year with a change in policy.

Many holders of Cred CX are baffled by the choice to not improve Credits social media presence and reach. As it is, it remains a decidedly non communicative, non transparent ICO on this front as well.

With some issues in its executive ranks, lacklustre ICO participation, and very little to report regarding progress some might think it not surprising to have a policy that seems to be based on one of silence is golden.

~WHERE ARE WE AT?~
The issue is at this point very, very, basic: Where are our cryptonote blockchain tokens / coined as Cred CX?

What many holders in the public do not know is they do not need an exchange or mobile app with a mobile miner to hold the coins and exchange them. We have yet to see code written by them for the actual blockchain.
There are mobile apps and a webwallet. OK.

Where are Windows, OSX, and Linux wallets and miners? Where are Cred CX testnet/s? and the credits internal node network? Who has been recruiting or building a mining pool?

This reddit should be abuzz with posts about such things and @ Bitcointalk.org
The last update on twitter after a full calendar month of no updates @ credits.energy we hear that there are minor set backs and re the mobile mining feature. That could very well may be. It is understandable to have compliance issues both technical and policy, to not ever reference technical or policy data is a red flag for many.

It also does not explain why a mobile platform with an off app network cannot not give us our hashes, our coins on an immutable ledger aka blockchain. Cred CX Cryptocurrency a cryptonote fork is an anonymous coin by default. Transactions on the apps and on credits internal auth network are not truly anon, and require the public open blockchain for distributed off credits network authentications of transactions for them to be so.

We have not been given it. When looking at credchain.org (<— Hint the foundation that is or is not?) it redirects to credits.energy.

The chain explorer is not publicly active nor is the source code for anything as far as we can see other than the github – Last updated 6 months ago… It is a fork (a copy for those who might not know what a fork is) – no development code or update to or of code have been committed to the projects opensource software repository as advertised on the website.

How is the premine going? Is it started or over? Where are the cryptonotes coined and mined as Cred CX?

Do I need a mobile app with mining features to use my cryptonote wallet, no, no one does. So if a “feature” is what the project hangs on that is a red flag.
A quick way Cred CX could be made viable and live right now is like this:
MyMonero is the only web wallet for Monero. It is operated and owned by Riccardo Spagni, who is one of the lead Monero developers.

The wallet works like any account. You create an account and can login online to access your funds. MyMonero only encrypts your keys and stores the data on its servers. It cannot access your funds.
See https://mymonero.com/ for a live example

Monero Desktop Wallet
The best and only Monero desktop wallet is the official client which is a full node.It can be downloaded from the official Monero website.

Credits position:
“…crypto with a mobile mining app…” A Crypto. A mobile mining app. One does not need a mobile mining “feature” in an app for there to be a coin or crypto wallet, in fact it is quite the opposite in certain respects. “Technicalities”
———————————————————————————————–
So set backs as of August 2018… We have no progress reports we just have our own ongoing independent analysis.

I hope this has been helpful to the community. Your feed back is welcomed.
If you have questions or concerns feel free to post here.

Start a new topic.

https://new.reddit.com/r/CreditsCryptocurrency/

I am certain there are other things people can share here that would be of a benefit to the community as small as it may be at the moment.

Supporters and fans of Cred CX are welcomed to share what good news the have and what inspires their enthusiasm and support for Cred CX. COME WAVE THE GREEN FLAGS FOR CRED (CX)

We are looking into sponsoring a Cred CX airdrop and give always! Tell your Friends 🙂

We hope for the best and truly want to see the CRED CX coin succeed
“Stay tuned” here for more in depth reports and analysis on (Cred) (CX)
John

Will The Real Geoff Williams Please Stand UP! Cred CX – Credits Cryptocurrency

Geoff Williams Mortgage Banker at Quicken Loans - Refinance Team

 

Take a look at these two photos.

Is this the same man?

 

Geoff Williams Mortgage Banker at Quicken Loans - Refinance Team
Geoff Williams
Mortgage Banker at Quicken Loans – Refinance Team
Geoff Williams CFO of Credits LLC
Geoff Williams CFO of Credits LLC

On the web:

GEOFF’S REVIEWS

Oriana Marcussen

 “Geoff and the rest of the people at Quicken we’re always so polite, friendly and so helpful.
My experience was one of being anxious but they always put me at easy. No rushing always when I was ready.
Great experience.
Thank you
Oriana marcussem “

The link above leads to Quicken via this link https://www.quickenloans.com/?qls=SPF_universl.2308201611

On the now deleted Linkedin profile that was advertised as Geoff Williams on https://credits.energy it to listed as Work place was or did include Quicken Loans.

Geoff Williams Mortgage Banker at Quicken Loans - Refinance Team
Geoff Williams
Mortgage Banker at Quicken Loans – Refinance Team

Will The Real Geoff Williams Please Stand UP! Cred CX – Credits Cryptocurrency from r/CreditsCryptocurrency

[WATCH] CRED CX – CREDITS LLC: JULY UPDATE AND ANALYSIS!

**JULY HAS NOT BEEN A GOOD MONTH FOR CREDITS.

A FULL CALENDAR MONTH HAS GONE BY AND CREDITS LLC (CREDITS CRYPTOCURRENCY / CRED CX @ HTTPS://CREDITS.ENERGY) HAS BEEN SILENT. IT HAS BEEN RED FLAGGED ON SEVERAL FRONTS!

INVESTOR AND BUYER ALERTS!

OUR ANALYSIS

IN OUR ANALYSIS IS THE ONLY GREEN FLAGS ARE THE ONES BEING WAIVED BY AIRDROP CRED CX HOLDERS AND DESPERATE OVER SEAS CRYPTO SPAM ACCOUNTS! ONE INVESTOR HERE HAS SAID IT QUITE WELL THIS MONTHS:

FIRST: ABSOLUTE SILENCE RE OPERATIONS, TECHNICAL DEVELOPMENT, AND FINANCIALS ACTIVITIES OR PROGRESS REPORTS FROM ANY OFFICERS OF THE CORPORATION OF CREDITS LLC AS ADVERTISED ON THE CORPORATE WEBSITE.

STILL NO REPORTING OF FINANCIAL FIGURES FOR ANY AND ALL FUNDRAISING ACTIVITIES TO DATE. (IF YOU KNOW WHERE WE CAN ACQUIRE THEM PLEASE CONTACT US IMMEDIATELY. THANKS. WE WILL REWARD YOU. PLEASE CONTACT US FOR BOUNTY / REWARD DETAILS.

PAYPAL HAS SUSPENDED SERVICES FOR CREDITS LLC / CRED CX!

GODADDY AND “DNS ISSUES” FOLLOWED IMMEDIATELY AFTER PAYPAL SUSPENSION WAS ANNOUNCED!

THE CREDITS.ENERGY WEBSITE WENT DARK ON JULY 21ST BETWEEN 9:OO – 10:00 PM! IT CAME BACK ON LINE AFTER GLOBAL DNS PROPAGATION WAS COMPLETED.

OUR ANALYSIS REVEALS THAT POTENTIALLY GODADDY RECEIVED SUSPICIOUS OR UNSANCTIONED PERHAPS ILLEGAL ACTIVITY REPORTS AND WHERE CALLED OUT TO BOOT CREDITS.ENERGY FROM THEIR DNS SERVERS DUE TO VIOLATIONS OF THE ACCEPTABLE USE POLICY AND OR TERMS OF SERVICE (TOS) AND OR COMPLAINANTS LODGE AGAINST THE NETWORK HOSTING THOSE SERVICES. WHAT WE KNOW IS THE PAYPAL SUSPENSION WAS FOLLOWED BY THE WEBSITE GOING DARK WITH IN HOURS.

IN SHORT THE CONJECTURE IS CREDITS IS NO LONGER WELCOMED TO DO BUSINESS WITH THESE WORLD CLASS NETWORK AND FINANCIAL SERVICE PROVIDERS.

OUR ANALYSIS REVEALS THAT POTENTIALLY 10’S OF THOUSANDS OF DOLLARS COULD BE FROZEN IN PAYPAL ACCOUNTS OWNED OR CONTROLLED BY FAIR TRADE LLC AND OR CREDITS LLC

PAYPAL ACCOUNTS MAY BE SUBJECT TO INDEFINITE HOLDS AND SUSPENSIONS AND PAYPAL MAY BE ACTIVELY DEBITING BANK ACCOUNTS OWNED OR CONTROLLED BY FAIR TRADE LLC AND OR CREDITS LLC AND EVEN TEAM MEMBERS PERSONAL AND OR FAMILY MEMBERS PERSONAL ACCOUNTS… FOR WHICH THEY MAY OR MAY NOT HAVE SUFFICIENT FUNDS TO COVER. OUR ANALYSIS LEADS US TO BELIEVE CREDITS LLC MAY NOW BE IN DEBT.

THIS MONTH OUR DUE DILIGENCE AND BEST EFFORT TO DISCLOSE FOR AND TO THE PUBLIC LEAD US TO CREATE A VERY IMPORTANT ANNOUNCEMENT TITLED “WE NEED TO TALK ABOUT CREDITS LLC RE: CFO…” AS FOUND HERE: https://www.reddit.com/r/CreditsCryptocurrency/comments/937w1n/we_need_to_talk_about_credits_llc_re_cfo/

CONCERNED INVESTORS / PURCHASERS OF CREDIT LLC (CRED CX) DISCOVERED THAT THE EXECUTIVE ROSTER AT CREDITS LLC AS HAS BEEN ADVERTISED ON THE CORPORATE WEBSITE WAS POTENTIALLY FALSE AND MISLEADING INFORMATION AND THAT IT WAS CRUCIAL FOR THE PUBLIC TO HAVE KNOWN ABOUT CERTAIN FACTS BEFORE AND WHILE THEY CONSIDERED TRANSACTING WITH CREDITS LLC. AS PER THERE WEBSITES OFFERS AND VARIOUS SOLICITATIONS ON THE INTERNET.

IN JULY THE CREDITS TEAM HAS BROUGHT THOSE WITH A VESTED INTERESTED IN CREDITS LLC AND ITS ALLEGED PRODUCT AKA CRED CX (A CRYPTOCURRENCY) SOME HARSH BLOWS.

THE FIRST , THE LONGEST MOST OUTSTANDING THING CREDITS 7 MONTHS INTO 2018 HAS NOT DELIVERED IS AS PAID FOR PRODUCT. NO CRYPTOCURRENCY AND OR BLOCKCHAIN LISTED ON AN ANY CRYPTO CURRENCY EXCHANGE UNDER THE TICKER “CRED CX” NO PAYMENT GATEWAY TO LINK UP BANK ACCOUNTS FOR CONVENT REDEMPTION / CONVERSION AND DEPOSIT IN FIAT CURRENCY.
NO SOFTWARE APPLICATION TO SUPPORT THE ABOVE TOKEN OR SECURITY PURCHASED. NO TRANSPARENCY NO PROGRESS

LAST KNOW REPORT WAS FROM LUKE –

VIA EMAIL:

SUBJECT: “Response” Thu, Jul 26, 2018 at 6:56 PM

“We have some things planned in the very near future in order to give Credits a fighting chance in the market. I surmise by August 1st a mass email will be sent letting everyone know what the plan is. Your patience is greatly appreciated. I can tell you that what we have planned will only increase the value of CRED upon exchange listing. Until then, look forward to that email. Hope all is well. -Luke

HERE WE READ “LUKE” SPEAKING IN THE PLURAL AND DOING SO AS FAIR TRADE LLC. THAT CONFIRMS IN MY OPINION THAT HE IS STILL DIRECTING THE TWO SHIPS FAIR TRADE AND CREDITS.

SO WE WAIT TO SEE WHAT RESPONSE CREDITS HAS…

I SURMISE THAT IF BY MIDNIGHT TONIGHT THEY HAVE NOT SENT OUT A MASS EMAIL THAT AT LENGTH AND IN GREAT DETAIL DOES NOT EXPLAIN THE LAST TWO QUARTERS OF THIS YEARS OPERATIONS AND LAST BUT NOT LEAST DOES NOT INCLUDE INSTRUCTIONS ON HOW TO GET OUR FULL QUALIFIED CRYPTOCURRENCY ON THE CRED CX BLOCKCHAIN AS PAID FOR AND ADVERTISED THERE WILL BE LITTLE LEFT TO DOUBT THIS COMPANY IS________________________… YOU FILL IN THE BLANKS IF YOU WILL.

AS WE GO ON INTO AUGUST PERHAPS GRAB YOUR SELF SOME POPCORN AND BOOK MARK THIS PAGE. **

To begin. Red flags popping up on several fronts.

To begin. Red flags popping up on several fronts.

Rick Floyd CEO has said to me “John you have no recourse or remedy”

I think he is mistaken and think others will see that as well.

I stand to be corrected if wrong.

When I asked for the postal address of Credits LLC he did not refer me to the website as it listed there but sent it over CRISP. It was off by one digit, was it an error or was it to frustrate my “little spy game” as he characterized questions that where asked of him over Crisp chat and email relay. He apologized after I wrote to his director about his insubordinate CEO Rick Floyd.

Rick said “people there” gave it to him and he copied and pasted it to me. Obvious red flags.

I then called Geoff Williams and had a frank and honest conversation with him. I want to say that in my estimation he has been honest in his words and in his written communication with me but for the record he has not given me any thing that substantiates his claims or to support my belief.

What has transpired with credits and some might say what has been perpetrated by credits is no laughing matter and I am not playing games and believing Geoff’s reports up to now on a whim I can only hope this will have been wise.

I believe him and have encouraged him to come here and share with us what he can. If I could cite him with out using names I would (or any one for that matter) but I cannot cite a phantom person and not make the clear connection that whom I am writing about is in fact the selfsame person as is already advertised and has been advertised for some months on the https://credits.energy website and on Linkedin Inc. ect.

I spoke with an agent of the Denver FBI today on the phone.

via Denver Office:

8000 East 36th Avenue

Denver, CO 80238

denver.fbi.gov

(303) 629-7171

The agent took my information and documented my report and specifically advised us on how to proceed and what parts of my report to her to include as well as for ic3 in her referral of us to them. I have to submit some details and then I should have a casefile # (I think that is the way it goes)

I told her on the recorded call that I was auth to speak for two others. The agent advised me based on my initial reporting that I should tell them to make a report as well separately.

When I asked her if it was her advisement to me / them as well then is that her advisement for the public as well?

I said as I have told others I would report my actions to them publicly and for the record I would be relaying her advisement on this sub reddit (that until yesterday was linked to from https://credits.energy)

She said anyone who sent them money and has not received what was advertised to be certain to include that information in your individual reports. She said the more reports the more weight it will carry.

She was clear and said to go to https://www.ic3.gov/default.aspx

(Complaints: https://www.ic3.gov/complaint/default.aspx/) and there forward your information.

Site Credits LLC (Credits Colorado Limited Liability Company Entity ID # 20171651365 )

The key part is how and how much did you give, and did you get what you invested in or did you get what you purchased namely a cryptocurrency that you can buy, sell, and exchange and is supported by green energy and you have access to a payment gateway to cash out to fiat via linked up bank accounts.

You can call the Denver office but the appropriate division there has my recording agents report I would imagine have the correct particulars given to them or will get it some time soon. The Denver field office is aware of what is going on.

The report form @ ic3.gov needs to have cited re the money you sent: to whom / where, how, and for what.

I asked her if investment / purchases via paypal and bank wires over federal / state lines only apply or is it that and crypto as well. Good news! She said crypto as well, the FBI is not going to ignore the value of your transaction as reported even if it is in crypto.

Note: I did not ask her about payments made in negotiable instruments but obviously those apply!

My call lasted over an hour (I have a recording of it and known and trusted associates can contact me privately regarding the .mp3 – The original agent operator who answered the phone heard what I had to say briefly and said OK please hold and forwarded me to an agent that was ready to write down the specifics and my concerns in what I am presuming is on a paper or computer file. I apologized for my rambling and for her bearing with me she she transcribed my report. LOL

I went down a list. The following is the same list I shared with those @ Credits. I did not communicate all of it and it is noted in the list below.

I started with my report with the issue of the alleged CFO and my conversation with him yesterday as well as my limited contact / chats I have had with them. Geoff up until yesterday was not nor ever was the CFO! (Let that sink in… )

I said “I am confident he has not cut one cheque” and I believe he had nothing to do with the handling of investors money. I told the agent that when I contacted Geoff to see how he was settling in as CFO that he reported to me that he had declined to take on the role after it was brought to his attention L.M.I.’s arrest a few months back and that on or about that time communicated this to them.

Two weeks or so ago Geoff wrote me:

“Hey John, thanks for reaching out. I stepped down from the position, but i have a qualified candidate to replace that position if it still needs to be filled”

Note: Based on yesterdays phone call my understanding is when he said stepped down what he meant was he declined to assume the CFO position that was offered to him ergo not ever employed by Credits LLC.

^^This fact is a material fact. A fact which, if known, would have affected the judgment of one or more of the parties to a transaction. That Credits LLC has been holding out that Credits LLC had a CFO with a fiduciary responsibility / role with in the company and that to the public it is of sufficient importance to the matter of a decision to invest or purchase in Credits LLC in that a reasonable person would have been likely to rely on this knowledge before investing or transacting with Credits LLC!

I also said although I believed him not to be willing complicit in miss-leading investors / public I had no concrete idea why Geoff did not know his image, name and linked in account was in use for months and him not having any knowledge of it. As was reported to me by Geoff.

She then asked me if I was reporting fraud.

I said that is not up for me to determine and I would be relying on the report to be investigated and they could or what ever agency or court / (DA) they refer it to should determine that. I also told here that I would provide my IP address and I have tried to use the SEC website to report these activities and attempted to submit the report to them three times and got a 403 server error each time and to please include that in the written report.

I was put on hold briefly right after I said that and the agent came back on line and coached me on what specific information I need to reveal to them and reminded me the call was being recorded, the agent explained she was trying to write it down as best she can. I too let them know the call was being recorded and I apologized for rambling so fast and not sticking to the finical facts which is what she was suggesting at that point we get to. The gist of it is I am reporting as an investor.

(sub text: not as advisor or party to Credits LLC. It was very nice to hear that she did not advise me to report my role as advisor just stick to reporting specifics about the money I / we invested or how and much was spent on even purchasing Cred Cx cryptocurrency. (did you catch that invested or purchased!)

Now The “issues and facts” as shared to Fair Trade LLC / Credits LLC, the FBI and attempted reporting to the SEC.

Issues and facts:

Credits LLC does not hold the Trademark to “Credits” (as was initially advertised as having…)

—>Credits LLC is and has been the whole time without a CFO.

There is no evidence of KYC protocols used. <—- I did not report that orally.

There is no evidence you have sought legal advisement regarding applicable state and federal laws regarding the ICO of Credits LLC. <—- I did not report that orally but made it very clear I had advised that from day one!.

There has been no disclosure of the amounts raised in any / all phases of Credits LLC’s Pre ICO / ICO / Crowdsales.

—>There is no evidence that any blockchain code work has been accomplished and it is fit for audit, review or testing by the the community. No gihub updates, no proof of work or proof of concept, no off app auth network, no mining pool, Mobile miner, blockchain wallets, etc Nothing that constitutes a viable verifiable working blockchain. (<—- Nothing in return for that which we invested in or purchased namely a cryptocurrency backed by green energy projects. Remember the apps and website accounts are free and do not constitute a paid for product or a service delivered or rendered as advertised and paid for.)

—>There is no evidence of an ecosystem

—-> There is no evidence of a payment gateway to cash out to fiat or work has been done towards that aim.

—->There is no evidence of investment in a 25(XX) Solar Project in the State of Denver.

There is no evidence of Credits LLC having acquired any business licenses as they pertain to any green energy endeavours and or any / all aspects of your enterprise. <—- I did not report that orally.

There is no evidence of Credits LLC attempting to fix their affiliate system or making sure Affiliates receive credits for the confirmed paid business brought to Credits. <— for the record I forgot to mention this on the report <—- I did not report that orally.

There is no evidence of good will or transparency with the investing public, numerous people over various online chats and social media have asked questions to which there has been no response and or no verifiable answers offered. <—- I did not report that orally other than they have demonstrably been not transparent.

—>The prospectus aka whitepaper and website has changed several times after people had invested based on the information of the previous prospectus significantly changing the nature and scope of the project when funds had already been committed based on previous information.

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These are the kickers and are key to the reporting:

You / We sent XXXX amount of money and it was delivered to Credits LLC or its CEO’s / executives via this way PayPal, Bankwire, Cash, Cheque / Check, Money order, Bank draft etc. or payments made in the form of crypto currency.

You / We have not received a cryotocurrency from Credits LLC that we can buy, sell or exchange on any open market or an “ecosystem”.

You / We have not received access to a payment gateway to link up a bank account and cash out to fiat on the apps, the webwallet, or an exchange! This would have been the job and duty of The CFO!

Credits LLC is and has been the whole time without a CFO. The person who Credits purports to be fiscally responsible for the finances of Credits LLC’s is and was not truth and should have been fully disclosed before any investment or purchase was made. They willing held out to the public that Geoff Williams was in deed the CFO and we would benefit from this.

They promoted his role! From the website “Masters in Finance. ​Geoff lives and breathes finance, it’s in his blood. He’s been involved in various successful projects from door to door sales to eCommerce. Proving he has the experience to take Credits to the next level.”

^^It can not be misconstrued that Credits LLC fully intended the public to understand this as a fact and he was an active part of operations and integral to its success!

You / We have not seen our investment and purchases invested in a green energy project delivering revenue and producing value for our credits cryptocurrency. We have seen no such advertised benefits or received any paid for product!

As there is no cryptocurrency there is no ecosytem as advertised as a benefit from investing in Credits LLC’s cryptocurrency, there is no evidence the environment or any charities have derived a benefit from out investments and purchases.

no off app auth network, no mining pool, Mobile miner, blockchain wallets, etc Nothing that constitutes a viable verifiable working blockchain.

Nothing has been delivered as is advertised and said to solicit investment and purchases!

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The following posts on this thread are some thoughts and opinions

WE NEED TO TALK ABOUT CREDITS LLC RE: CFO…

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UPDATE:

 

NEWS FLASH: GEOFF WILLIAMS IS NO LONGER BEING ADVERTISED AS CFO OF CREDITS LLC

THIS IS A VERY IMPORTANT ANNOUNCEMENT!

Please stand by for information that effects every investor in Credits Pre ICO / ICO and Crowdsales.

PLEASE READ COMMENTS BELOW FOR MORE DETAILS.

Legal eyes: “fail[ing] to disclose material facts” “A material fact is defined as a fact which, if known, would have affected the judgment of one or more of the parties to a transaction. In an action for fraud, a material fact must be of sufficient importance to the matter that a reasonable person would have been likely to rely on it.”

If you, loved ones, friends, associates etc are contemplating investing in Credits I urge you to seek competent counsel before doing so. I am advising my family. friends, church community any / all associates in my network past and present to not do so for many reasons that will be made clear publicly above and beyond what is obviously public.

Trust but verify. Do your due diligence.

THIS IS AN VERY IMPORTANT ANNOUNCEMENT! THIS IS NOT FUD IF YOU KNOW OF OTHER INVESTORS IN CREDITS PLEASE TELL THEM TO GET TO THIS REDDIT SUB AND OR FACEBOOK GROUP

Will The Real Geoff Williams Please Stand UP! Cred CX – Credits Cryptocurrency

To begin. Red flags popping up on several fronts.

 

WE NEED TO TALK ABOUT CREDITS LLC RE: CFO… from r/CreditsCryptocurrency

⚡️


FACEBOOK ANNOUNCEMENT AND GROUP:

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