Chris/Admin needs some operating cash...
XXXXXXXXXXX,
Received your message.
My brother, a big investor, shared tid bits with me a few days back. definitely concerning. As of two/three days ago, admin was adding a big allotment for liquidity. ... the premise, it was not to affect current SME much because the SME was to be used for the loan packages and operating expenses. We felt that such a decision should have been put up for a vote in the DAO. Admin controls 51%, so they could get it passed if they wanted to. At least up for a vote, all would have been on the up and up.
Sounds like such a vote is now a DAO proposal.
My thoughts without know too much...., we need liquidity added. Hopefully it can be added in a non-destructive way to current SME holders. We already know what happened several years ago when SME was pegged at .05.
Anyway, I am not too much in the know, I don't follow telegram's every post. I trust Chris is doing all he can, and he is making moves to benefit all of us. I try to stay out of admin's business.
I do look forward to the day when SME is either bought or pegged at a much higher level with alloted investor money. Referring to the 50 million dollars that was announced as investment money, designated for SME.
No matter what happens with the vote and the adding of SME liquidity, we are very optimistic about SoMee's future.
Best,
Ron
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