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12th March - News

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MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
41 like this post 1 people
12/03/2017 18:40
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CEO - Marc de Koning
Facebook - Paidverts
Facebook - Paidverts
Facebook - My Traffic Value
Barter My Funds
CoinFlip Evolved
Warclicks
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We've just passed 2500 people in our MyMatrix Facebook Group!
With 13 more days till launch this will be huge!
I am meanwhile trying to connect with the big Zarfund (and comparable matrix) earners.

It might be a very steep expectation, which I fully realize.. But if we would be able to pay off the Fast Track Queue (And bring lots of new customers to our other businesses) by running a m2m matrix which will have a small downside which is that we're giving away a ton of free advertising, (which might likely put a temporary burden on Paidverts) then that is totally worth it.

That is really what it is meant for..
I want to legalize our business, but at the same time we want to pay off the Fast Track Queue.. Fast!

We can't combine those 2 at the same time as it would create a big gap in our accounting of over $200k.
So what we are trying to do here is to pay off all of our debt and then restart, under a new name, no negative past dragging with us, none of that all.

6 weeks ago I have started chipping in on the legality part myself.
I went to Malaga, had a meeting with Carlos and I told him that things really needed to change from now on.

I did some research myself and found a company structure that we should pursue and as far as I know makes perfect sense.

So the idea is the following:

-Pay off our current debt and collect a decent budget/buffer
-Start over with a clean slate


I'd imagine this to unfold like the following:

We pay off all of our current bills, both fast track queue and pending programmer bills.
We build up a new business from the ground up.
New holding, new url+name for MTV, new contracts with our employees, certified stock, licensed casino's and all the other licensing we need (Look at the image down below to see a sketch I made a while ago with the documents I believe we require)

We will set up an Anonymous Society in Costa Rica.
This means that we have a business that can have as many shareholders as we want, we don't have to pay any taxes what so ever, we don't have to discuss or show our accounting to anyone.

Pro's:

-Easy to set up
-Initial costs are not that large (Don't consider this a final number but I believe 15-25k would take care of the set up of the initial business)
-No taxes
-Maximum control of your business as long as you own 51%+ of the company stock


Cons:

-We can't have any servers running in Costa Rica
-We can't accept any clients from Costa Rica


Furthermore we found a number of casino licenses (Or actually "gaming licenses" as they call it in Costa Rica) for just ~$20.000,- (I'm not 100% sure yet if this is annual, but I expect it is)

Carlos doesn't agree with my choice to change the name of the business, but I guess he will understand over time.

We're dealing with a lot of problems with the current one:
-Poisoned legacy
-Missing accounting from over 3,5 years
-Performing lots of illegitimate practices in the past


Here's an image which I never expected to share on the forum while I drew it, so ignore the hand writing.
This is the structure I came up with which we are now pursuing.



Combined with the summary I sent to Carlos:

I'm keeping my end of the deal by now sending you a complete overview of our current business and the licensing we THINK we need. (You are the one who should be able to tell for sure, or you have to find appropriate lawyers to give you final answers)
Antonio told us (Cesar and me) that he can solve all of this in a reasonable amount of time, we're looking forward to it.

--


Main holding, current name My Traffic Value, future name will be different.
Has:

A sharemarket
A forum
Result cards of the overall business performance
Shows the external portfolio

People are able to fund their balances here and buy a stake of the business (Shares)
People need to be verified users to hold shares (KYC)

What licensing do we think we need for this business?

-A license that allows investing
-A license that allows us to ask and hold KYC (Know Your Customer, aka documents of all users to prove their identity)
-A license that allows us our users to have on-site balances (Probably a banking license)
-Shares backed up by an actual stake in the business
-Be allowed to have an on-site sharemarket


PlayPerfectMoneyGames
Has:

Casino games, multiplayer games, slots,

What licensing do we think we need for this business?

-A casino license


PlayBitcoinGames
Has:

Casino games, multiplayer games, slots,

What licensing do we think we need for this business?

-A casino license (Or none, as it's bitcoin-related, we're not 100% sure. We do believe it adds credibility)


BarterMyFunds
Has:

A money exchanging engine that allows people to exchange crypto currencies/payment processors for other methods of exchanging monetary value.

What licensing do we think we need for this business?

-Money Service Business


Paidverts:
Has/is:

A paid to click website that allows people to earn by viewing advertising.
Advertising bought by advertisers seeking exposure/clients.
Paidverts uses a point system called "Bonus ad points" that allow users to get a bigger reward for every ad they watch.

What licensing do we think we need for this business?

-KYC
-???? This needs further investigation/work from your end.


CoinFlip Evolved
Has/is:

A freemium (Free to play) game with ingame purchases

What licensing do we think we need for this business?

I don't think we need any licensing for this business, other than being a tax registered shop.
But this needs further investigation from your end.


Sumo Roll:
Has/is:

A hybrid between a freemium (free to play) app and a faucet.
It allows people to earn bitcoins by playing a game.

What licensing do we think we need for this business?

I don't think we need any licensing for this business.
But this needs further investigation from your end.


Furthermore i'm adding some photo's to this email of what I think the structure looks like.
To sum up all the licensing we think we need:

-A/multiple casino licenses
-Licensing to be able to accept and hold KYC-documents
-A license that allows us to take investments from regular people
-A license that allows us to give users an on-site balance (Probably a banking license is required here)
-Shares being backed up by an actual stake in the business/Anonymous society
-A license for having an on-site share market
-MSB for BMF

And we need to be registered in an off shore country to prohibit most/all tax-requirements any "normal" country would bill us.


--

The moment we have all of our licensing pending we will make a new project on our funding page to build the all round casino, with casino license costs included.
This is the moment we can take off the games of our main website (MTV) and we will be able to add credit cards, bank wires and all the other "tradional payment methods".

--
>>>>>>I won't make any promises or ETA's regarding any of this as I am not the one who is going to make all of this final, I am simply chipping in whenever my assistance is required.<<<<<<<<
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
26 like this post 1 people
12/03/2017 18:40
Regarding a name for the new business I found it to be quite hard so far.
I want it to be very, very original and memorable and therefore I tried several random names and tried to buy url's for it.
None of them were successful thus far as I have been mainly trying to buy 4 and 5 letter domains, which are either unavailable or unaffordable.

2 of them were totally original, the names don't mean anything at all, it would be a brand new name, but they were unaffordable.
A 3rd one I came up with, which was quite catchy was "Eggs.com" and the slogan would be "Where you will find yourself multiple baskets" as investors always speak about not putting all of your eggs in 1 basket, but we offer multiple.
But the owner of the URL never got back to me, not even after offering a $1000.

--

The moment we would make the new business we would give people 30 days to transfer their current RP's for stock in the new business or to sell the current RP's to people who are interested in making the transfer (We would obviously email people a few times before this deadline expires)
The new business will not be available to everyone, as we will most likely go back from 500 million to 500 thousand-1 million shares. (Future splits will follow once it makes sense for the business' valuation)

This is the plan we have as of now.
Time will tell how long this will take, but one thing is certain.. The quicker we turn good profits and pay off the fast track queue, the quicker we can "advance to the next level of business".

All we're asking is for you to trust us.
Recently many of you came to the conclusion that we were honest all along and we simply had to go through a dip in order to grow in a later stage.
The fact that we are aiming to build a new business and give you a part of the stock shows that we have been honest all along.
Many of you consider the current RP's to be "fake stock" and in a way that is true.. We could simply pay off the FTQ and at that point we wouldn't owe anyone a single thing as the RP's are backed up by nothing (yet).
But this has NEVER BEEN OUR INTENTION!

Let's team up, try to double or even triple our current revenues in a short period of time and work towards the goals we have in mind.
The moment we are debt free and we have the required licensing for all of the elements of our business is the moment that our shareholders will start earning those "crazy long term returns" we have been talking about.

--

We have now earned over $1.000.000,- since 16/11/2015, which is when I took over accounting.
Most of these funds were earned through real sources of income, although a part of it is still from the "Fast Track Queue-era".

PlayPerfectMoneyGames earned over $100.000,- thus far.
We expect PlayBitcoinGames, Sumo Roll and Warclicks to all become better earners than PlayPerfectMoneyGames in the near future.
With your help, we can do this!

--

We now have over 20.000 users on CoinFlip Evolved!
A game we launched on the 13th of January, with no marketing budget spent so far (Other than a small amount spent on an email and a few log in ads on Paidverts) is rapidly growing!
We are about to add a lot of improvements and new purchases during the next few weeks/months, this should set it up for a good retention rate and a growing memberbase over time.

To name a few:

-Clarify the way rankings are shown to users
-New backgrounds
-Remove the current notifications currently shown in the top left corner
-Change the chat as it shouldn't be a part of the graphics, but rather a fixed popup window that you can close.
-The bottom interface with betting options, shop, free coins, achievements just became a mess as things were added and added onto the original UI, so all of this requires a change.
-If we want to add more/bigger animations - i.e. things like a "robot in a tank" then the robot animation & coins are currently too big for the game so we will make changes there as well
-More minigames


--

Once the new PlayBitcoinGames and Sumo Roll are launched our programmers will temporarily pick up the build of slot games again.
This will enable us, the management, to focus on marketing our current products and the expansion/improvements of Warclicks, Sumo Roll and CoinFlip Evolved.

Slots are severely lacking in our casino's, while they make up for the most profitability.

--

Upcoming improvements/add ons/purchases we discussed for Sumo Roll:

-A panic button
The panic button will be available once per run and allows you to kill one enemy.
In case you see an enemy which you are unable to dodge, you can quickly tap the "Panic button" and it will deal with your enemy.

The idea is to make a funny looking button with a sumo that shouts.
The moment you tap it the sumo screams or makes a roar or something similar.
The way he kills your enemy we still have to decide upon.

-Certain achievements to add elements of competition

Purchases:
-Additional panic button options per game (1,2,3 extra)
-No ads
-Doubled coin gain for X hours
-10,20,50% less enemies (lifetime)
-Different backgrounds
-Skins/visual character changes
-We are still debating a "triple jump"-option.


For the current version we don't want to add too much "fuzz", the simplicity of the game adds a certain attractiveness to the game.
We might make a "Sumo Roll 2"-version in the future which has a lot more functions/add ons etc.
For example multiple levels, competitions and lots more.

--

I had some time to write all of this up as I was wrapping up my tasks for today, as starting tomorrow i'm taking 5 days off.
There is always plenty to write about, but the longer my posts are, the lower my expectations are that many people will read it in full.
I just felt like giving you an update about most of our ongoing work behind the scenes as it shows you there's a lot more happening even during times when there is a lot of visible progress/a new product almost every week.
I do realize that my target of $50.000,- profit of this month will most likely not happen unless MyMatrix turns into a booming success.
I expected Sumo Roll, PBG and MyMatrix to be running a lot sooner.
This doesn't take away the fact that we are on our way and that the month after this one it might be a goal we realize.

For everyone who made it to the end, thank you for your time.
Mihailoo
Traffic Value: $1,020.25923 Serbia
7 like this post 0 people
12/03/2017 19:06
The greatest news since I've been here (more than a year) boss!

THIS IS WHAT WE WERE ALL WAITING FOR!!!

Great job, keep it up, our support and money will follow!

smile smile smile
bigbadmoose
Traffic Value: $520.60691 United States
5 like this post 0 people
12/03/2017 19:16
I love the idea of totally starting over with a new company. That way a certain someone could shut up about the past history of this company.

Since the games like sumo roll, War clicks, the casino are on different site would this mean starting over on them or would it just they just be transferred over to the new business as is?
I think it a great idea to change the name and eggs.com is pretty cool but it might be easily confused with a site about actual eggs.

I for one plan on coming over to the new business when it get up and running. You  are not getting rid of the annoying moose that easy. Just for the record i read both post from start to finish.
bozof
Traffic Value: $29,464.72207 Slovenia
3 like this post 0 people
12/03/2017 19:21
I do completely support that. 

Just wonder what will happen with all the shareholders who support MTV last weeks. Are our RPs going to lose on value? In case if you decrease number of shares 1000x times that would basically mean share there has to be worth at least 6$ to keep the value. We all will have low amount of shares so probably no one will sell.. but still that is a huge difference..

And what is going to happen with members who have 10-20 Rps..
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
11 like this post 0 people
12/03/2017 19:21
Since the games like sumo roll, War clicks, the casino are on different site would this mean starting over on them or would it just they just be transferred over to the new business as is?

The only changes necessary would be:

-The holding
-The main website (MTV)
-Possibly Paidverts, PBG and PPMG due to licensing <&lt; Only time will tell


All the rest has always been okay since the start.


Just wonder what will happen with all the shareholders who support MTV last weeks. Are our RPs going to lose on value? In case if you decrease number of shares 1000x times that would basically mean share there has to be worth at least 6$ to keep the value. We all will have low amount of shares so probably no one will sell.. but still that is a huge difference..

Your shares will be worth a LOT MORE.

Splits/reverse splits are really meaningless in the overall scheme of things.
But the fact that your stock will hold actual value and is part of a fully licensed business with so much more options in terms of marketing, hiring and all the rest, means that your stock will be worth a whole lot more overnight.

On top of that you have the fact that there will be a huge buying frenzy as everyone will want to get to 500-1000 share-numbers to make the transfer to the new business.
This will create a bull market and a huge scarcity of available shares.
bozof
Traffic Value: $29,464.72207 Slovenia
1 like this post 0 people
12/03/2017 19:31
Okay, Marc. There is many things to think about here. At least for me. Now i am only confused :S

I am willing to support you with huge amount of money if everything goes smooth.
bigbadmoose
Traffic Value: $520.60691 United States
2 like this post 0 people
12/03/2017 19:33
Thanks Marc. Enjoy your vacation. wink
druth8x
Traffic Value: $22,417.44153 United States
5 like this post 0 people
12/03/2017 19:55
When People read restart they think bad things aka only getting back pennies to the dollar of their current holdings. AND, RP's were the one constant that never got touched.

Can you elaborate a bit further on how our RP and BAP will be involved in the restart?

I know the FTQ will have been paid off and I'm quite positive that cash balances won't be touched (just moved or force cashouts, latter my guess, but could be used to buy up orphaned "stakes"wink.

You mention something about exchanging them for stakes or selling them to someone who will (in under 30days) will have to exchange them for stakes. Does this mean that it's 1-1 deal, and thus while we won't probably hit 500mil, we will have 300mil+ (site/Admin/long term holders).

I assume that if we are verified now, we have met KYC requirements, right?

Only ones we will lose is those who refuse to verify and those long gone.
I do suggest keeping an excel of all basic account details of anyone who didn't make the switch, and still have balances (cash/RP/referrals). This it to keep the s word far enough at bay.

Maybe if you told us what you think is best of how you plan on handling your balances (RP, namely), that will help me (us) understand what to do. ESP b/c this is probably half a year or more away.
___
The Monitor is also popular, but I guess with a new name, the attractiveness of it might not be as strong to be worth it.
___

If you want to have a name attached to the eggs basket analogy, basket is the better name, as that was what you were going for, IMO. I'm actually surprised that eggs.com is available, the egg lobby is huge and they market.

I'll try and brainstorm some names, so it doesn't feel like I'm only poopooing your's.
tompa555
Traffic Value: $2,695.93585 Croatia (LOCAL Name: Hrvatska)
1 like this post 0 people
12/03/2017 19:56
will number of RP's transfer to new company ?
vultcult
Traffic Value: $437.32954 Portugal
4 like this post 0 people
12/03/2017 19:56
As a user who have been here from some time, I would like to say that you have my full support, even if it can't help much. About the new name and URL, I think it's a good idea. It will not be as known as MTV at first, but it also doesn't have the negative side of the past associated with it. It would be a big and hard step to take, but it would worth the effort.

I believe you are on the right path. Keep up the good work!
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
10 like this post 0 people
12/03/2017 20:05
Quote from the second post:

"The moment we would make the new business we would give people 30 days to transfer their current RP's for stock in the new business or to sell the current RP's to people who are interested in making the transfer (We would obviously email people a few times before this deadline expires)
The new business will not be available to everyone, as we will most likely go back from 500 million to 500 thousand-1 million shares. (Future splits will follow once it makes sense for the business' valuation)"
gizgaz1616
Traffic Value: $1,754.58925 United States
0 like this post 0 people
12/03/2017 20:08
Great work! I think that there is huge potential for the future of this company! I am a little confused on the aspect of the RP transfer though. You mentioned that we will need about 500-1000 RPs after the reverse split in order to be eligible for transfer to the new site. So this means that we need 500,000 to 1,000,000 RP roughly before the split in order to be eligible for transfer? Could definitely use some clarification as I have been planning on holding onto my shares long term and do not want to be forced to lose over 100,000 of my RPs because I am not eligible for transfer to the new site.
bigbadmoose
Traffic Value: $520.60691 United States
3 like this post 0 people
12/03/2017 20:13
druth8x i am guessing best case this is at least 6 months away. Cause i cant see ever thing getting done faster then that. Most likely it going to be longer then that before it all come about. So all the details will be well known before it happens.


Right now this is still in the planning and building stages what Marc posted today is the first update on it as we go forward more details will come out about how the RP will transfer over and all the other little details you all are wondering about.



I think it a major step in the right way for Marc to be doing this. Cause like he says we can get legal and we can promote the new site with out everyone saying isnt that the site that scammed people with swaps and all the other negative stuff that goes along with this name.


If any but Marc and his team were talking about doing this i would be worried. But in Marc hands i think it will turn out great for the people brave enough to trust him and stick with him until the process is done.

Your RP right now are nothing but a number when this all get done they will actual be stock in a company. Not something that rewarded to you when your former CEO spent to much of the company's money on BS stuff and could no longer support his pie in the sky dreams.

with this I will finally get to see what i always wanted. What kind of business offices Marc would set up. Since he said it going to be all new offices.
stark100
Traffic Value: $729.96203 Hungary
3 like this post 0 people
12/03/2017 20:13
Current RPs amount/divided by 500 or 1000= future RPs amount.
paymax
Traffic Value: $1,032.00321 Indonesia
0 like this post 0 people
12/03/2017 20:13
hello, sorry my reply out of topic. I found incorrect statistic on BAP game result on MTV today. My username mark as winner jack or batter today. I play jack or better, over 1k hit on that game but I am not win. How can the statistic different than actual result. This is an error on statistic or in game jack or better? Could someone explain this?
casio8978 - Forum moderator
Traffic Value: $14,531.83197 Slovenia
3 like this post 0 people
12/03/2017 20:14
gizgaz1616
if it will be 500x reverse split you need 500 RP on mtv, and you will get 1 stock at new site. (but worth 500x more as 1 RP)
so you only need 500-1000RP here, to be able to transfer yourself to new site
vultcult
Traffic Value: $437.32954 Portugal
7 like this post 0 people
12/03/2017 20:18
I would suggest you to make a survey on our users to study the best way to make a transition like that. It is a very good step, but it can also be dangerous if something doesn't happen as expected. I know you know what you're doing but, still, it's just a suggestion.

A survey would be good for knowing if people are confident, if they understand about how things would change, if they are ready and if available information about the topic is clear, etc.. This way, a better aproach on how to make all those changes could be applied accordingly.
jason77
Traffic Value: $17,578.9192 Mexico
1 like this post 0 people
12/03/2017 20:25
I'm curious Marc would this be the last and final change it's hard for me to deal with this much change in a company I'm with you for the long haul just caught me off guard when I was half awake
piro00
Traffic Value: $3,781.28667 Argentina
3 like this post 0 people
12/03/2017 20:33
Huh! pretty hard to read and understand all, it was a lot! xD
IDK what to say, a lot o things you told us. I really like everything, full support!
The idea is 1º pay FTQ, 2º rebuild the business based on a legal structure

Q: The BAP RP market will be closed or what will happen?

If I did not understund wrong, the amount of shares will be reduced, and the price per share will be increased proportionately?

I have more less 415k shares now with a total of 500M, 500M/500 = 1M shares.
I will have 415k/500 = 830 shares? Is that correct?

What make me qualify to be eligible to become a part of the new business?
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