RE:This doesn't look good for ccu coin honestly, jmho!cryptoanarchy1 wrote: First of all, MONEYGRAM is not even in Cuba.
But they are basically everywhere in Latin America & the Caribbean!!!!!
You can go do some DD that is very basic, just go to their website & it will show all the areas they work in. https://global.moneygram.com/
Secondly, Western Union & Ripple have publicly been working together for over two years, they did stop at one point because Ripple was not with enough Financial Institutions, but that has changed since then & they are working behind the scenes apparently. Also, Miguel Vias as someone mentioned is actually from CUBA, this is huge IMO. He is running the XRP side of the business for Ripple which covers remittance, it's obvious to me that he is going to be able to convince Cubans to use the XRP, no questions asked. He is going to actually be motivated besides Money to cut the cost for remittance in his home country where he has actual Family!
Third & most important everyone, CUV is a poor run company based on my DD & many others who are not BIAS. Two financings in Dec alone, that are chump change in this space.
They have not signed the LOI which is almost six months ago now?
Steve Marshall has had a bad experience in Cuba before, his business was shut down.
He publicly said he doesn't need to speak with the Cuban Government about his ccu coin, that's going to back fire AGAIN. https://wikileaks.org/plusd/cables/06HAVANA10189_a.html
You can simply look at this website which is a red flag! They have a whole bunch of websites that have only one page, that is very very scammy if you ask me. No effort what so ever, more like a front if you ask me. https://www.ccucoin.com/
They are all over the place, no focus in one specific area, that's not the kind of company you want to lend your hard earned money to in a penny stock especially.
Very Very Risky in comparison to Ripple who is proffesional & has actual Tech, Big House Hold Name Financial Clients, does remittance all over the World, The Fastest proven money transfer with XRP, the cheapest besides using crypto peer to peer like Ethereum.
They have proven their concept & built this from the ground up since 2012.
Sorry but this all true & anyone who isn't bias knows it.
This is a pump & dump clear as day.
I noticed Mr. Holmes was selling shares of HIVE last week...why don't you spend all this energy convincing those shareholders the merits of investing in a BTC mining company....because that is for sure a solid investment?!?