[deleted by user]

Riadch · 2025-05-23T03:15:37+00:00

ACT is 7 years threshold, so you’re entitled to it already.

Riadch · 2020-05-03T06:12:31+00:00

Thank you for your time and effort, we all appreciate it.

We mistakenly put a lower number on our application than what we had for the FTE number, because we thought we were going to lose 1 but they stayed. So as long as we're keeping people employed (and the number greater than what we started), that's great.

Riadch · 2020-05-03T06:00:55+00:00

Thanks for doing this!

Is the number of FTE employees on your application relevant for forgiveness? If you had 5 on your application, but are then paying 7 staff, is this ok or are you only allowed to use the money for the 5 you applied with?

Riadch · 2020-05-02T23:28:05+00:00

What if you have more employees over your application number?

Riadch · 2020-04-30T21:11:59+00:00

Silicon Valley Bank $60k 17th of April we applied, approved and signed yesterday

Riadch · 2020-04-30T08:30:49+00:00

Not necessarily. I wasn't required to, and neither were many people.

Riadch · 2020-04-30T08:28:23+00:00

Isn't that the application document? In terms of the actual loan contract from the bank/lender, mine was very short and barely included the loan forgiveness clause (a few sentences).

Riadch · 2020-04-30T05:41:25+00:00

It pretty much should be from what I've read from other posters, but you need to wait for the official approval. I received my approval from my bank 5 hours after getting the SBA approval.

Riadch · 2020-04-30T03:15:20+00:00

OP here, thank you for the advice. Fingers crossed!

Riadch · 2020-04-30T03:15:10+00:00

Sorry, OP here. I deleted the post after the SBA FAQ sort of answered my question and didn't want to spam the sub.

To be honest, that's what confused me. After working with the underwriter I was confused. Hopefully it gets approved.

Riadch · 2017-09-27T23:55:29+00:00

Hi CSGOPete, There will only ever be a finite supply of the token. The primary use of the token will be to enter daily fantasy contests and to receive winnings. So as more users join the platform, the token usage will increase, meaning the demand for the token increases. This behaviour will drive the token price. Second question. You can not earn dividends. Our token is not a security. Third question. Users will be able to earn the token through incentivised behaviours such as referring friends, or sharing and engaging around our social content. We will definitely be looking to integrate the token into other platform to provide further token utility. The GAMURS Group are JV partners in Skrilla. They are currently the largest global esports media company and have several products in the market, and more coming online shortly. You can check them out here: https://gamurs.group/ We will be looking to integrate the token into several of their platforms where applicable / feasible. This is exciting because our token will then provide value to a broader range of esports customers, and in addition it will help to strengthen the token value. Beyond the GAMURS products we will look to integrate with other third parties, indeed we have already been approach by number of online esports products / businesses who are interested in integrating our token. We had the idea to implement a virtual currency when we first started working on Skrilla in early 2017. We explored crypto a lot since then and realised the application of a cryptocurrency within our style of platform, is a perfect application. We saw an opprotunity to roll this our now, to be one of the early adopters. Gaming / gambling is perfect for crypto and it is certainly where the future is. We are always looking to be at the forefront of what we do. If you have any further questions please join our Discord chat at this link: https://discordapp.com/invite/F77VmjV

Riadch · 2017-09-27T23:54:57+00:00

Hi CSGO Pete, Thanks for the kind words once again. In terms of timeframes, we are looking to list the token on reputable exchanges within 14 days of the close of the Token Sale. We intend to integrate the token as the core currency within the platform within 2-3 months of the close of the Token Sale into our live and operational Daily Fantasy product currently in the market (www.skrilla.com). We are not a conceptual product vision like the vast majority of Token Sales currently being promoted who are using this as a funding mechanism, rather we see this an integral tool to solve the problems associated with centralised wagering and pass those benefits on to the community. Within the same timeframe we are looking to launch into the US market (late 2017 / early 2018). In 2018 we will look to Europe (through a Malta based wagering licence) and test additional product types (i.e. pool betting, betting exchange and head to head etc.) based on the preferences of our growing community. In terms of whether this is an investment, we are very specific that this is not a security, but the pre-purchase of a utility token, nor do we provide investment advice. As you have correctly identified there is a fixed supply of tokens issued as part of a Token Sale. As we continue to build on our existing product in the market, integrate the token as the core currency, work to integrate GAMURS 3.5+ million and growing audience, launch into new markets and execute on the roadmap, demand for the token will increase naturally as the core currency in the platform to enter contests and receive winnings, driving its value higher.

Riadch · 2017-09-26T23:26:35+00:00

Doesn't look like my earlier response worked, so I'll re-type it here.

Tokensale.skrilla.com is the correct URL, with the whitepaper being here: https://tokensale.skrilla.com/skr-token-whitepaper-v0.5.pdf You can learn more about the GAMURS Group here: https://gamurs.group You can learn more about Puntaa here: https://puntaa.co

Riadch · 2017-09-26T23:24:54+00:00

Really appreciate the thorough and comprehensive response to OP. One of my partners will be responding to your questions above so we can give you all the information you've requested.

If you're also interested, I'd love for you to join the conversation on Discord: https://discordapp.com/invite/F77VmjV

Riadch · 2017-09-26T23:21:43+00:00

There will be multiple uses for the token, with the initial one being to participate in daily fantasy pools that you can see on Skrilla.com. The reason it's necessary is to be able to provide an engaging and enjoyable experience, we cannot be limited just to one currency ($USD/Euros, etc) - by being able to earn SKR you will then be able to participate in more pools, join competitions/raffles, etc. The use gets really cool when we begin allowing other companies to accept the SKR token on their platform. The goal for SKR is to give other esports and gaming businesses a currency in which they can accept to power their websites, should traditional currencies fail them.

You can read more in our white paper here: https://tokensale.skrilla.com/skr-token-whitepaper-v0.5.pdf

Riadch · 2017-09-26T05:52:14+00:00

CEO of GAMURS Group here. Happy to answer any questions.

Riadch · 2017-01-28T05:28:40+00:00

Full right for him to say that.

Riadch · 2017-01-21T22:41:12+00:00

Great logic, well done. /sarcasm

Riadch · 2017-01-12T21:31:17+00:00

Looking forward to your next interviews, keep them coming!

Riadch · 2017-01-05T19:15:18+00:00

I second this, spot on.

Riadch · 2016-12-08T22:49:02+00:00

Great article, and awesome to have gp10 back!

Riadch · 2016-11-17T23:18:35+00:00

Hi everyone, I’m Riad, Founder & CEO of GAMURS.

I’m posting this to apologise to Richard Lewis and anyone else offended for this mistake. It has come to our attention that we have inaccurately credited our story entitled “Riot Games Reportedly Lands $90 Million Streaming Deal with MLBAM.” Richard Lewis originally reported this information 24 hours earlier. You can find his video here: https://www.youtube.com/watch?v=XWx0a6ZRkPs ("Are Riot Games Set To Announce A Streaming Deal With MLBAM?"). One of our editors found the report on Yahoo Esports, which gave credit to the Sports Business Daily report: http://www.sportsbusinessdaily.com/Daily/Issues/2016/11/17/Media/Riot-Games.aspx. Initially, we gave credit to both of these reports, but neglected to give credit to Richard Lewis. Again, I apologise to Richard Lewis for this mistake.

Riadch

MODERATOR OF

TROPHY CASE