Audit #1 of @steemislandinc Steem Island: Disputed List of Officers and Bean Counting

Well, Hive account@riosparada, I am not too impressed with the way you handled the Steem Island Phase 1 funding round. But I am here to help! 👼

To buy a part of steem island all you have to do is transfer the amount of steem you want to contribute to the steemislandinc account (Hive account@steemislandinc). All the Steem collected in this account will be held in steem power so that all contributors can keep an eye on it.

(From this source)

This is a friendly audit, mainly to point out the errors in accounting. However, it appears that the rules were not followed. And many discrepancies exist. Your auditor would like to keep an eye on it.

If and when the account becomes overfunded the last people putting in the steem that created the overfunding Will be refunded.

This is still yet to be addressed and there seems to be a lot of overfunding.

The List of Officers as given by Hive account@riosparada

So the values given for the putative officers of Steem Island need to be verified and audited. This is my attempt to correct some of your errors and to dispute at least 10 things that have to do with the Officer selection.

I need not repeat the rules that Hive account@riosparada laid out to become an Officer of Steem Island. They were clear.

However, the rules were not followed about a dozen times, some of which were the result of errors by Hive account@riosparada, some were caused by ordinary Steemians, and some were caused by family members of Hive account@riosparada.

Here is the Erroneous Officer list that was posted recently. The numbers are supposed to represent Shares, but they should also correspond to Steem invested. Your auditor found otherwise.

40 Hive account@riosparada
1 Hive account@louiscpt
5 Hive account@swolesome
2 Hive account@elleselephant
1 Hive account@wakeupsheeps
1 Hive account@rishi556
6 Hive account@rickyjrios
8 Hive account@platonicsironic
16 Hive account@nikant
21 Hive account@missiontothemoon
1 Hive account@barrydutton
5 Hive account@rigaronib
77 Hive account@riosparada (steemstock contribution - steemstock is now owned by US!!!)
1 Hive account@papa-pepper
1 Hive account@vegansilverstack
300 Hive account@broncnutz
103 Hive account@oldtimer
6 Hive account@dzboston33
1 Hive account@bigt
1 Hive account@almvide
1 Hive account@doctorcrypto
3 Hive account@monkimo
10 Hive account@pbock
1 Hive account@ura-soul
1 Hive account@coincravings
2 Hive account@elyaque
5 Hive account@uruiamme
50 Hive account@anotherjoe
2 Hive account@blackvapor
25 Hive account@inphiknit
10 Hive account@pbock
100 Hive account@robert-call
1 Hive account@transhuman
12 Hive account@girlwithavoice
1 Hive account@donnaincancun
15 Hive account@aliciaonline.now
10 Hive account@realcodysimon
1 Hive account@mirthilweed
64 Hive account@biglipsmama
10 Hive account@stackin
2 Hive account@lydon.sipe
1 Hive account@grizzman
101 Hive account@solarguy
1 Hive account@elementm
1026 Total, 43 people

Source

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Audit #1 by Hive account@uruiamme

After auditing the wallet pages for Hive account@beep and Hive account@steemislandinc, I also checked the wallet of Hive account@steemstock.

Wallet links:
steemislandinc
steemisland
steemstock
beep

Valid Officers ✔️

Here are the Officers which I accept as valid completely because their Shares line up with their Steem investment exactly.

Hive account@uruiamme (the auditor)
Hive account@aliciaonline.now
Hive account@almvide
Hive account@anotherjoe
Hive account@biglipsmama
Hive account@bigt
Hive account@blackvapor
Hive account@coincravings
Hive account@doctorcrypto
Hive account@dzboston33
Hive account@elementm
Hive account@elyaque
Hive account@grizzman
Hive account@inphiknit
Hive account@lydon.sipe
Hive account@missiontothemoon
Hive account@pbock
Hive account@realcodysimon
Hive account@rickyjrios
Hive account@rishi556
Hive account@robert-call
Hive account@solarguy
Hive account@stackin
Hive account@swolesome
Hive account@transhuman
Hive account@ura-soul
Hive account@vegansilverstack

Valid Officers✅, assuming approval of the other officers, but with some minor discrepancies

Hive account@louiscpt
Hive account@elleselephant
Hive account@nikant

INVALID Officers❎ with no record of Investing Steem in Phase 1

Hive account@barrydutton
Hive account@mirthilweed
Hive account@papa-pepper
Hive account@rigaronib

Valid Officers⁉️ who did not Invest the correct amount per the Rules

Hive account@riosparada
Hive account@monkimo
Hive account@platonicsironic
Hive account@broncnutz
Hive account@girlwithavoice
Hive account@oldtimer

Users who should not be Officers 🚷 because they did not contribute at least 1.0 Steem

Hive account@wakeupsheeps
Hive account@donnaincancun

Audit in Spreadsheet form (tl;dr)

I am submitting my audit. It has notes, figures, and the amount of disputes for each putative Officer. Here is the Google Sheets page with all of the details about Officers of Steem Island, Inc. There, you will find that I have re-sorted and colorized the cells where problems exist.

You will also see that auditing this took a few hours of jumping around from a number of wallets, tracking down unusual transactions, and making best guesses.

Corrective Action

Those who have a disputed amount, it might be good at this time to invest the amount you lack. This exact amount can be calculated by yourself if you look at the Wallet links above and adding up what you contributed versus what Hive account@riosparada said you invested.

This is just a friendly auditor warning. If you do not submit at least 1 Steem as per the Rules, your contribution may be returned and you will not be an officer. Or if you submitted 7.416 Steem, you should be credited with 7 and not 8 Shares, and the 0.416 Steem should be returned.

SBD ERRORS

Anyone contributing in SBD instead of Steem will discover that your investment is disputed. Whenever SBD was invested, it appears that Hive account@riosparada transferred this to STEEM. Unfortunately, these transfers were generally on the short side. Your investments are too little, and I would refer to the rules which specify Steem.

Particulars

If you are Hive account@riosparada, you will need to explain the large discrepancy in the amount invested. I understand that you have added the value of Hive account@steemstock to Steem Island. However, this investment is not visible in any Wallet transaction, and therefore cannot be audited or "seen." You are asked to offer support of the difference between the 34 Steem wallet transfers and the 117 shares claimed. I was unable to figure out the "40" that you claimed, but in any case I combined the 40 with the 77 on my spreadsheet. I only came up with 34. 😕

I am going to ask you what rule is there to permit the inclusion of another account? How did you include Hive account@steemstock in your contribution if this contribution is not one of the rules? The rules were supposed to be laid out clearly. If nothing else, a new rule could be written on the spot, and I would be glad to redo the audit. 😄

All of the other accounts with disputed amounts are less than 1 Steem.

If you are Hive account@nikant, you will discover that I believe you may have erroneously contributed to Hive account@steemstock, and therefore I am confused if this was intended to be invested in Steem Island. If so, there was 8.000 Steem transferred to the wrong place. You may have a claim of an extra 8 Steem, rather than your Dad via Hive account@steemstock. Check your wallet for transaction records.

If this audit shows that you did not contribute even 1.000 Steem, then I am disputing whether you are an Officer. Your status is in jeopardy.

Contributions must be made in increments of 1 steem. 1 steem is the minimum contribution.

For any disputes, I believe the rules are plainly laid out here:
Steem Island crowdfund. This is your chance to own a part of steem island! and Steem Island Inc. UPDATE

Since I feel that all of my disputes are a result of applying those rules to the audited amounts of Steem invested into the wallets of Hive account@beep and Hive account@steemislandinc, I believe these issues need to be resolved before Officers are selected. In fact, the largest contributor (purported to be 300 Steem) is currently one of the users with a disputed contribution. For his sake and the rest, we all need to be properly invested.

Missing Contributions

I am at a loss how or where four individuals are listed by Hive account@riosparada, yet there is no record of their contribution. Please explain this.

My Audited List with audited and verified Shares

5 Hive account@uruiamme (Me)
15 Hive account@aliciaonline.now
1 Hive account@almvide
50 Hive account@anotherjoe
64 Hive account@biglipsmama
1 Hive account@bigt
2 Hive account@blackvapor
1 Hive account@coincravings
1 Hive account@doctorcrypto
6 Hive account@dzboston33
1 Hive account@elementm
2 Hive account@elyaque
1 Hive account@grizzman
25 Hive account@inphiknit
2 Hive account@lydon.sipe
21 Hive account@missiontothemoon
10 Hive account@pbock
10 Hive account@realcodysimon
6 Hive account@rickyjrios
1 Hive account@rishi556
100 Hive account@robert-call
101 Hive account@solarguy
10 Hive account@stackin
5 Hive account@swolesome
1 Hive account@transhuman
1 Hive account@ura-soul
1 Hive account@vegansilverstack
1 Hive account@louiscpt
2 Hive account@elleselephant
16 Hive account@nikant
34 Hive account@riosparada
2 Hive account@monkimo
7 Hive account@platonicsironic
299 Hive account@broncnutz
11 Hive account@girlwithavoice
102 Hive account@oldtimer

918 Total, 36 people

PLEASE SEE THE SPREADSHEET!

Next Time

Maybe we should reject SBD and other forms of payment? And maybe hire an outside auditor?
_{[Edited to correct the audited shares for oldtimer]}