₦airaland Forum

meromero11:
In anything I do , I try my best to know much about it and whatever I can't know I leave it so long reputation is established. For instance we do have friends online and Offline without knowing where they live. We order products from eBay and Amazon without necessarily knowing where they are. Online businesses dwells on reputation because the other person on the other side have not met you nor know your location. I don't bother myself with such issues.

Ok

Are you telling us government certified Genex because their online reputation has been established without requesting for their physical address?

Kindly explain to us Mr meromero

Beware of www.genexpayments.online

These are group of scammers with their chief scam leader Blackwell cooleasy running a cryptocurrency investment and exhange site.

These scammers will entice you with credit alerts of their roi only for you to get in and have your earned money trapped.

The chief scammer has seized investors capital and refused to pay investors their roi.

Avoid exchanging with them and run away from their investment schemes as these scammers first build confidence before they strike you.

Stay away from their dubious wallet as your coin can be moved at anytime. A clear example is when our coins were moved to the chief scammer Blackwell cooleasy trezor wallet during the bitcoin gold fork in his evil plan to get free money from our coin giving us scam excuse of maintenance.

A word is enough is enough for the wise!

To be fore warned is to be fore armed!

visit https://www.nairaland.com/4147372/what-wrong-genexpayments/14 and watch how these heartless wicked souls and sugarcoated tougue scammers are shamelessly exposing themselves just to defend their scam and lure in more maggers.

meromero11:
When I joined, I knew it is an online firm providing digital services. So, I thought if I could keep 5btc with blockchain , Luno , paxful etc without knowing their location and addresses, I can as well keep taking my risk with company like GeneX without having to know their location. If I loose with any online platform, I count my loses and move on. But with GeneX I haven't lost a dime. Infact I have gained so much. Except for the October ROI, the rest 8 months have been excellent. Their address just like Luno, blockchain etc isn't relevant to me in the least. I know one day we shall meet face to face.

Mr meromero you know a lot about the company.

How manage you do not know the address?

Why will an investment and reputable company not have a physical address?

You mean government certified a company with no physical address?

Who does that?


Explain

ZooRepublic:
Beware of www.genexpayments.online

These are group of scammers with their chief scam leader Blackwell cooleasy running a cryptocurrency investment and exhange site.

These scammers will entice you with credit alerts of their roi only for you to get in and have your earned money trapped.

The chief scammer has seized investors capital and refused to pay investors their roi.

Avoid exchanging with them and run away from their investment schemes as these scammers first build confidence before they strike you.

Stay away from their dubious wallet as your coin can be moved at anytime. A clear example is when our coins were moved to the chief scammer Blackwell cooleasy trezor wallet during the bitcoin gold fork in his evil plan to get free money from our coin giving us scam excuse of maintenance.

A word is enough is enough for the wise!

To be fore warned is to be fore armed!

visit https://www.nairaland.com/4147372/what-wrong-genexpayments/14 and watch how these heartless wicked souls and sugarcoated tougue scammers are shamelessly exposing themselves just to defend their scam and lure in more maggers.

meromero11:
The investors and the company. I have relied on mails received, explanations given and findings made to have been able to respond till now. I don't inquire about privacy because I don't want to be sued for damages, you "honor".

where is the company?

meromero11:
Such question should be directed to the contracting parties saddled with the responsibility of privacy protection.
If for instance you trample on my privacy in a way I don't like in public, the law permits me to screenshot the evidence of such discussion and obtain an injunction in my pursuit of remedy. I won't breach anyone's privacy.
In all the discussions held and all the mails received from GeneX there were no disclosure of anyone's identity.

who are the contracting parties?

Where are they?

meromero11:
Questions touching on individuals privacy and indictive are not meant for me. We are both engaged here to enlighten and educate ourselves and the public on the subject matter. I will only speak and am not going to trade blames or abuses.

Mr meromero you have not yet told us whom the questions are meant for

meromero11:
Can you please reframe your questions your "honor" because some are not actually questions meant for me.
I won't be able to really talk on the two exemptions because i do not have their details and also wouldn't want to violate their privacies.

My explanations was an attempt to give background to the mail you posted.

Why will a reputable company be negotiating with their investors privately instead of publicly placing everyone on the same page?
Answer:
Because each individual invested privately therefore that privacy must be respected.

Now who are the questions meant for?

Tell us!

meromero11:
I am in piggy sole, so I can speak authoritatively.
In piggy sole, there are 64 of us. Someone like me and others I know one on one have been on this piggy sole for the past 9-months. The least average ROI received in piggy sole is 0.7btc. We have all been receiving our ROI'S consistently for 8-months now till the glitch in October. It was the glitch that warranted GeneX sending us all the mail you posted above. GeneX have temporarily suspended the piggy sole due to the expansion program/ongoing projects and is negotiating individually with each and everyone of us in the piggy sole except only two. Exit or continuity options have been given to each person.A publication shall be issued to us once the negotiation is completed. We should commend GeneX for being consistent for the past 8-months.

So I can say at this moment, the issue is being resolved.

For the records my ROI is 2.2BTC.

Ok

Now enlighten us Mr meromero

What is our business with number of people on the plan?

What is our business with how long the investors have been on the plan and how much they have gotten?

Are you proving to us that you cannot maintain investors privacy?

Is this an excuse to justify your incapability to pay investors their roi as agreed earlier in the terms and conditions?

The two investors you confiscated their capital, can you tell the public your reason of confiscating their hard earned money they entrusted in your hands?

Why will a reputable company be negotiating with their investors privately instead of publicly placing everyone on the same page?

Explain to everyone brother

ZooRepublic:
Dear Piggy Investor, We apologize for the recent delay in ROI payments regarding the following piggy category :

1. Piggy Sole. 2. Piggy N Family

This regrettable delay was as a result of the technical issues and backlogs from our trading group ROI remittance gateway. GeneX experts in conjunction with the remittance gateway group are working round the clock to restore the payment module for piggy sole and piggy n family investors ROI payments. Till resumption of ROI payment all matured ROI piggy sole and piggy n family payments and renewal status remain inactive and pending further considerations.

GeneX is committed to long term and stable operations in all supported countries. The system and design is impeccable to deliver profits as promised. The current situation is a third party unavoidable hitches.

GeneX expansion program is being funded from the strategic vault which normally handles all emergency situations of this sort. We are indeed very sorry for all inconveniences. We appeal to you to bear with us till this unintended situation normalizes. Your consistent and collective support has enabled us to grow to a company you are now proud of. We plead for your understanding at this crucial moment. The expansion drive into digital coin development and expansive mining facilities (to mine bitcoin, GeneX New Coin, Ethereum and Zcash) are meant to deliver further profits to all our investors ceaselessly.

GeneX will continue to provide services excellently to all teeming users who trust her without compromising the service delivery standards.

Thank you

Admin - Customer Relationship

GeneX

This is the copy of the mail your master cooleasy blackwell sent to us.

Mr meromero has this issue been resolved?

Has the roi been paid?

Kindly explain

Dear Piggy Investor, We apologize for the recent delay in ROI payments regarding the following piggy category :

1. Piggy Sole. 2. Piggy N Family

This regrettable delay was as a result of the technical issues and backlogs from our trading group ROI remittance gateway. GeneX experts in conjunction with the remittance gateway group are working round the clock to restore the payment module for piggy sole and piggy n family investors ROI payments. Till resumption of ROI payment all matured ROI piggy sole and piggy n family payments and renewal status remain inactive and pending further considerations.

GeneX is committed to long term and stable operations in all supported countries. The system and design is impeccable to deliver profits as promised. The current situation is a third party unavoidable hitches.

GeneX expansion program is being funded from the strategic vault which normally handles all emergency situations of this sort. We are indeed very sorry for all inconveniences. We appeal to you to bear with us till this unintended situation normalizes. Your consistent and collective support has enabled us to grow to a company you are now proud of. We plead for your understanding at this crucial moment. The expansion drive into digital coin development and expansive mining facilities (to mine bitcoin, GeneX New Coin, Ethereum and Zcash) are meant to deliver further profits to all our investors ceaselessly.

GeneX will continue to provide services excellently to all teeming users who trust her without compromising the service delivery standards.

Thank you

Admin - Customer Relationship

GeneX

meromero11:
For instance right now you can't exchange your N-TOKEN to bitcoin nor bitcoin to your N-TOKEN in any part of the world. But with the new GeneX coin that will be developed to enable exchange of the new coin to Bitcoin and vice versa using various platforms which GeneX have to establish collaboration with - such as "Changelly and Shapeshift".

then why are we buying 0.15btc with your Ntoken?

Can you explain to us what kind of exchange is that?

Kindly tell us Mr meromero

Cooleasy:
Yes please. All GeneX investment packages are also available in Naira. Let me add, that at this stage of GeneX development it is more advisable for you to invest in N-token, as owners of N-token would have special stakes upon the launch of the new coin in the coming days.
Please feel free to make more enquiries.
We will always be ready to attend to you.

Thank you.

chief master, why can't we transact physically with this reputable company of yours?

meromero11:
Yes, GeneX does.

lol

Is Genex also into nollywood?

Actors everywhere

Dynamiq:
Prof, u are really very learned and sound. We've been watching all this debates; me n my friends; are u a lecturer? And in what university? U are brilliant. Pls allow us to call u prof from now.
You have already won the argument in this debate. That other guy is just repeating d same questions u have answered many times earlier. It's either he lacks comprehension or he has amnesia or maybe he's just out to spoil the name of ur company. Bt he's just shaming himself, he talks like a childn why are u even talking to a tout like him.
My friend did an exchange on Genex yesteday and got his cash within minutes.
We've never seen an exchanger fast like this. People are following dis thread and they can see by now that your opponents have ulterior motives.
Prof I like you; how u respond to questions even when ur enemies talk like gutter kids. Pls continue to be good.

lol

The other time, your cousin got his capital.

Few days later, you turned to a new investor.

Now today, your friend did an exchange.



When should we expect season two of this interesting movie?

Dynamiq:
Prof, u are really very learned and sound. We've been watching all this debates; me n my friends; are u a lecturer? And in what university? U are brilliant. Pls allow us to call u prof from now.
You have already won the argument in this debate. That other guy is just repeating d same questions u have answered many times earlier. It's either he lacks comprehension or he has amnesia or maybe he's just out to spoil the name of ur company. Bt he's just shaming himself, he talks like a childn why are u even talking to a tout like him.
My friend did an exchange on Genex yesteday and got his cash within minutes.
We've never seen an exchanger fast like this. People are following dis thread and they can see by now that your opponents have ulterior motives.
Prof I like you; how u respond to questions even when ur enemies talk like gutter kids. Pls continue to be good.

lol

The nollywood actor is back from hibernation

What a sweet entertainer and a skilful scammer

meromero11:
GeneX from all information received has a data centre in Abuja, FCT. The centre is being expanded to accommodate the mining facilities. However, GeneX has assured us with the wallet development and the new coin development coupled with her ongoing development of cryptographic debit cards her office will be opened soon to the general public. As you well know, CBN hasn't given any provisional approval to any cryptocurrency exchange in the country including luno. Everyone only maintain an online presence. GeneX is actively pursuing the eventual approval of exchanges by doing everything to hold consultations with the regulatory authorities and integrating itself into the Nigerian economy by abiding with the tax laws of Nigeria, secured a patent right on the piggy and it's other digital assets. GeneX through the local payment affiliate have also registered the name GeneX with the corporate affairs commission. Copy of all the certificates we're shown to us in the WhatsApp group long before we migrated to the telegram group.

Very soon and very shortly, we all shall be able to meet with GeneX executives in Nigeria and foreign technical partners not to do business but for a one on one parley. There won't be need for physical business because cryptocurrency is online so most of GeneX businesses just like paxful are online. However, seminars are being lined up to educate the public on it's online operations. GeneX is a growing baby.

lol

Information received from who?

bikerboy1:
After all these your effort to ruin the company, you are still interested in protecting your capital and if opportuned, receive ROI from the said fraudsters.

You are even more wicked than the Genex you're fighting.

SMH

Shut your gut*er Mr man

When someone seized capital is used to pay you your roi and you are rejoicing, posting it here to lure more maggers and praising the scammers.

Can you tell us who is more wicked?

meromero11:
Thanks ZooRepublic:

1. Since it is a Genex asset, why is genex finding it difficult to buy back their N Fix assets at current rate as earlier promised owing to the facts a lot of investors are no longer interested in it or you mean genex cannot buy back their N Fix assets again? :

Answer : N-FIX is a portfolio which yield interest. The number of investors in N-TOKEN we were informed now tripples that of piggy. Meaning the interest in N-TOKEN is very high. I presume the N-FIX program was created to generate profits for all N-TOKEN holders instead of making it redundant awaiting the coin. GeneX made provisions for a buy back of the portfolio either through the escrow, top up for piggy, top up for N-FIX and then the global capital remittance queue.

2. We were told the N token will only appreciate why the coin all of a sudden? :

Answer : I have answered this extensively earlier. In cryptocurrency the coin survives the token. Every cryptocurrency or Altcoin has it's token sold ahead of the coin. This is the standard best business practice globally and that was exactly what GeneX did, even better and more profitable. Tokens and it's coin are inseparable twin just like N-TOKEN and the new coin. It's most likely you joined a bit late to have missed the GeneX mail.

3. Tell us if the coin will be of the same value with the N token and continue to appreciate the same way as Ntoken?

Answer: The coin will be 10 times more valuable than the N-TOKEN because it is a cryptographic asset in the blockchain. As GeneX keeps working on global adoption, the coin will keep appreciating like bitcoin and also depreciates like bitcoin. Infact, the coin will be more dynamically subjected to market forces just like bitcoin.

4. Tell us if the ROI will be of the same value as the N fix?

Answer: Am sure once the coin replaces the N-TOKEN, N-FIX won't have a place because everything will now be quoted in the new coin denomination. Bottom line is higher ROI multiply by almost 300% compared to what you are earning now.

5. Why did you not enlighten investors their N token will be converted to coins in future at initial time when they were purchasing the N token?

Answer : I have answered this extensively earlier. There was a mail sent to inform all users on the functions of the N-TOKEN and the merchants also regularly enlighten us on this in the hall. The N-TOKEN was the forerunner to the new coin. That is what tokens does, it leads the way to generate a userbase for the new coin. However, I don't think GeneX will make it compulsory for you to convert to the new coin. With the new coin you can easily cash your money into Naira or convert to Bitcoin. GeneX is working round the clock to achieve all these.



6. Can you tell us the blockchain your N token is currently running on?

Answer : POW/Sha256 . It's not N-TOKEN but "New Coin" . GeneX will reveal the actual name shortly for us all. Infact, on my inquiry, was informed the White paper, Source Code, the Road Map and the storage wallet will be ready and made available in coming days. The best news of them all is the integration into Changelly and Shapeshift. Those two will be the game changer.

I believe I have best answered all your questions. Let me know if you do have any further. Will return in one hour. Hope that is ok?

lol

Since Genex is setting the pace in Nigeria as regards to cryptocurrency exchange.

Mr meromero can you kindly explain to us how we can transact with Genex officials physically?

Explain to us brother

Cooleasy:
I am so happy that this is gradually becoming a question and answer session. This is exactly how it should be. By God's grace people who are enemies of GeneX today will become GeneX best friends tomorrow.
People should feel free to ask questions about GeneX, and they will be provided with answers.
GeneX is a super efficient and reliable exchanger. Exchange transactions are ALWAYS fast and easy; usually completed within five minutes as all GeneX systems are automated. GeneX operates round the clock on all days, including holidays all year round.
The various investment products are actually additional packages meant to enable users of GeneX to partake in the profits the company makes from its activities, of which exchanges is one.
By offering investment packages, GeneX has gone a step ahead of other exchangers in Nigeria by setting a good precedence.
Misunderstandings such as the ones recently encountered, are bound to happen from time to time. Every company and business is bound to face this type of challenge at one point or the other, but GeneX will always do its best to do the appropriate explanations and clarifications.
So, people should feel free to come in and ask questions with decorum .
Thanks.

Tell us why you forced them to dash you 0.15btc and looking for slightest opportunity to confiscate their capital in the name of going against your selfish terms and conditions?

As a proud Genex investor, tell us where we can locate you physically.

Tell us officially the OWNER OF GENEXPAYMENTS!

Cooleasy:
I am so happy that this is gradually becoming a question and answer session. This is exactly how it should be. By God's grace people who are enemies of GeneX today will become GeneX best friends tomorrow.
People should feel free to ask questions about GeneX, and they will be provided with answers.
GeneX is a super efficient and reliable exchanger. Exchange transactions are ALWAYS fast and easy; usually completed within five minutes as all GeneX systems are automated. GeneX operates round the clock on all days, including holidays all year round.
The various investment products are actually additional packages meant to enable users of GeneX to partake in the profits the company makes from its activities, of which exchanges is one.
By offering investment packages, GeneX has gone a step ahead of other exchangers in Nigeria by setting a good precedence.
Misunderstandings such as the ones recently encountered, are bound to happen from time to time. Every company and business is bound to face this type of challenge at one point or the other, but GeneX will always do its best to do the appropriate explanations and clarifications.
So, people should feel free to come in and ask questions with decorum .
Thanks.

Now your own personal question Mr man

Tell us why you personally have refused to pay investors their ROI and seized their capital?

meromero11:
Thanks ZooRepublic.
Actually, GeneX isn't finding it difficult to exchange the N-TOKEN into Naira. Infact GeneX actively and instantly exchange the N-TOKEN into Naira on it's cryptocurrency wallet GeneXpay. When you fund your wallet with NGN, you can instantly same minute exchange it into N-TOKEN. You can keep it in the wallet or change it back to naira for withdrawal to your bank account.
But N-TOKEN purchased to set up a profit yielding N-FIX account can't be withdrawn in that manner being a portfolio. It stays as a whole. This is the difference between the N-TOKEN and N-FIX. But when the coin is launched, both the N-TOKEN in wallet and that in the N-FIX are automatically converted to the new coin. The new coin will be exchangeable to bitcoin and also to Naira into your bank account.

Ok Mr meromero
Since it is a Genex asset, why is genex finding it difficult to buy back their N Fix assets at current rate as earlier promised owing to the facts a lot of investors are no longer interested in it or you mean genex cannot buy back their N Fix assets again?

We were told the N token will only appreciate why the coin all of a sudden?

Tell us if the coin will be of the same value with the N token and continue to appreciate the same way as Ntoken.

Tell us if the ROI will be of the same value as the N fix?

Why did you not enlighten investors their N token will be converted to coins in future at initial time when they were purchasing the N token?



Can you tell us the blockchain your N token is currently running on?

Kindly explain to us Mr meromero.

meromero11:
I am responding here as an individual and should be held liable for anything I say here. My responses are based on facts received via information and mail disemminated to all GeneX users.
Back your questions :
1. Did GeneX tell investors the N-TOKEN will be converted to a coin? Yes, at the launch of the N-TOKEN, we were all sent a mail that the N-TOKEN will form the backbone of GeneX wallet and digital projects. Of course, in every cryptocurrency business it is expected that issued tokens purchased by investors converts naturally to the coin otherwise holders of such tokens won't make profit.

2. Terms of use are general legal guiding frameworks highlighting the rights of contracting parties. They are not meant to contain details of your business model or future plans. Terms of use contain the violations and breaches with arbitration and remedies.

Tokens such as N-TOKEN's are sold out primarily as a backbone for the main incoming coin. Tokens don't have cryptographic signatures, but the coin helps them to achieve cryptographic status.

Ok
Why is genex an exchange company that exchanges bitcoin to naira automatically finding it impossible to exchange their very own token at current rate into naira the same way they exchange bitcoin?

Were we not told that Genex will automatically buy back at current rate when we want to sell?

Or has that policy changed?

Kindly explain Mr meromero

ZooRepublic:
Ok
You decided to convert investors N token automatically into your coin.

Did you tell them from the onset when they purchased the N token that the N token they purchased will be converted to new coin in future?

Was this stated in your terms and agreement?

Explain to us.

we are waiting for your answer brother

Moses247:
Ur own Na to DE talk rubbish ....u have not prove anything for d past 3days all u do is talk ....lol. how can u say Mr A is a Scammer, and u can't even proof it to others that Mr A is truly a Scammer all u know or believed is that Mr A is a Scammer NA so? in this Modern Age people need Proof ooo more Dan anything, so u can't brainwashed anybody here. Try harder Pls, small Pikin no de here.

when you refused to pay someone his roi and at the same time seize his capital.

What is it called in your village?

meromero11:
If you want a decent discussion or argument and answers to your questions, I advise you refrain from defamatory languages. Ask me questions that relate to integrity and reputation not the ones out of context. I haven't seen any company in any part of the world including Nigeria where you start listing publicly the names of company executives that attended any meeting anywhere. If GeneX says consultations are ongoing, it should be considered an internal issue not meant for you and I. You may decide to write to the company for more insights.

Remember, I said everything should be factual and objective.

Ok
You decided to convert investors N token automatically into your coin.

Did you tell them from the onset when they purchased the N token that the N token they purchased will be converted to new coin in future?

Was this stated in your terms and agreement?

Explain to us.

ZooRepublic:
lol, why are you scammers looking for a way to confiscate my capital?

Now tell us, who are the Genex executives that held consultations with financial institutions in major African economies to boost the coin adoption and circulation among users in the various supported countries.

Kindly explain to us.

Mr meromero kindly come and explain this to us.

We are waiting.

meromero11:
Can you post the Goldenage statement again, please?

lol, why are you scammers looking for a way to confiscate my capital?

Now tell us, who are the Genex executives that held consultations with financial institutions in major African economies to boost the coin adoption and circulation among users in the various supported countries.

Kindly explain to us.

meromero11:
Goldenage is a respected and approved merchant. I didn't tell you that what Goldenage posted is a lie but I want us to maintain a record of the authorship of each post or screenshots for future references. To put the records straight you can please post the exact mail from GeneX admin here stating that CBN have approved the GeneX New coin. Am actually interested in such a mail as evidence of your claims.

we will like you to explain the aspect where Goldenage said the Genex new coin has been approved by CBN?

Or do you want us to assume that your respected and approved merchant is a liar?

Explain!

meromero11:
Goldenage is a respected and approved merchant. I didn't tell you that what Goldenage posted is a lie but I want us to maintain a record of the authorship of each post or screenshots for future references. To put the records straight you can please post the exact mail from GeneX admin here stating that CBN have approved the GeneX New coin. Am actually interested in such a mail as evidence of your claims.

You mean Goldenage was lying when he posted that in cryptohall?

Explain!

ZooRepublic:
Ok Mr meromero, are you telling us Goldenage, an approved and trusted official Genex merchant is lying?

We will like you to explain this!

Mr meromero you have not explained this!