Legal Entity Vote

If I believe they are holding something that should be in my possession (which I believe they will), then I can sue to retrieve those items regardless of how they got there, ESPECIALLY if they were given, and ESPECIALLY if there seems to be an attempt to transfer them to avoid liability or legal action. Currently, I’m still just getting up to speed on who did what when, but as soon as I know who to sue, then I can start the process. I currently consider the Nemstake that I didn’t recieve as stolen goods. Taking possession of them would be receipt of stolen goods.

In most lotteries you have 6 to 12 months to turn in a winning lottery ticket. If you failed to do so, you could of course later claim that your winnings were “stolen” and sue but you would most definitely lose. I think you will find a similar outcome in your case and it would probably be wise to not waste any more money on attorneys fees.

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The vote has come to a close on Sunday. The results have been more than encouraging. We, at the core team must thank Paul for taking the initiative to carry out this voting exercise. For that, he got 338XEM from all of you. Hope he can buy a coffee with that.

200 people participated with a combined PoI vote of almost 9%, representing 199 for, and 1 against the formation of the legal entity. The level of participation of the community is more than encouraging compared with our previous voting exercises, which were about 80 voters, who’d care to vote. This bodes well as the number of people showing interest on the project is growing strongly.

We also note that there have been new interest in the project as most of you are new players in the scene.

The formation of the legal entity is not an academic exercise but more so about having a real identity for NEM where we can take it to the next level for the benefit of the project. We guess, the community understands this very much, given the level of support for its formation.

Now, with this behind our back, it is back to more work to form the organisations.

We have been in constant consultation with our legal advisors and we are of the opinion that there should be no problems forming the entity given what we have.

Thank you for your support. We hope this exercise can be completed before the year end.

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vote result ?

Results
Yes - 99.93%
No - 0.07%

See also the first posting - it has been updated on the day the voting closed. :wink: