This post is for public disclosure on our key holdings.
As longtime backers of the Space Force 7 organization have noted, we tend to run somewhat lean in the offices, and we tend to invest most of our revenue into research. However, in order to bridge our laboratory through difficult times, we do maintain holdings to provide liquid capital and thus cover operating costs when we have no other options open to us. Some of these holdings present a potential conflict of interest with our organization’s ongoing advocacy activities.
These holdings include 15 Cryptokitties, the least valuable of which is worth approximately $10 and the most valuable of which is worth approximately $88,000 during the height of the first Cryptokitties craze, but likely work considerably less at the moment. We disclose these NFT holdings due to our somewhat more contentious holdings of Our.Glass and Polydragon’s Fireball token. We support the work of all three organizations, however we make full and public disclosure to our investments in Our.Glass due to the public attention recently focused onto Our.Glass founder Trevon James. We strongly support the work of Mr. James and we stand by our investments in Our.Glass and the position of that system within the Bitconnect and Binance Networks.
The United States Securities and Exchange Commission has opened action against Mr. James and fellow developers.
Space Force 7 has produced two exploratory efforts into the model of the Our.Glass coin and compared the Our.Glass coin with similar products. We have initially concluded that Our.Glass is a stable and disruptive financial model that can potentially approach and contribute several opportunities in the U.S. Economy to expand investment in key components of three key industries. In noting these measurements, we also clearly note our open and notorious conflict of interest with our holdings in these digital assets. However the opportunity to fund disruptive research to improve the quality of the air, soil, water and lives is too significant for us to NOT invest in these assets. We have no ethical difficulty with earning lots of money and investing the liquidity into these afore-mentioned research projects.
We are confident that Mr. James and The U.S. Security Exchange Commission will come to an equitable arrangement to benefit both investors in the Our.Glass platform and also business people in brick-and-mortar businesses that rely on the Our.Glass platform. We note to the U.S. Security Exchange Commission, that the people who have invested in these brick-and-mortar businesses have done so in remarkably difficult times, following the loss of major sources of their income due to the COVID-19 quarantine. These business owners have requested less from the COVID relief programs than any other segment of the U.S. Standard Industrial Classification Index. These business owners largely and overwhelmingly decided to turn down the “free” money because they have seen the devastating effects of that these funds within their communities. They have since chosen to invest their often limited funds in the intellectual capital of their own community. Trevon James has spearheaded an effort to create a simple, crowd-sourced digital asset that can allow regular brick-and-mortar business owners to finance expansion of their businesses in a way that is fully compliant with their SBA, SBIR and financial requirements. The community earned this digital asset through their hard work against a country which stacked the deck against their own success for far too long. The U.S. SEC must be able to interpret the legal framework that guides their efforts in a way that helps to promote small business. Counsel to the SEC should endeavor to judge equally, corporate welfare at the very pinnacles of our economy, and working class investors in Black-owned financial models. If they are unable to apply the law in compliance with the purpose of these decisions then they will effectively chain closed the escapes from the smouldering ruins of the economy and force everyone to perish inside. Have no doubt SEC, Our.Glass, in our glass. If our community can’t survive in the digital space, we’ll survive on the streets. We’ve been doing that a lot longer than you have, and when you come to beg us for a scrap of food, we’ll remember what you did to Trevon, and we’ll hand you a nearly useless ten dollar bill, and you might be able to trade it for a single cigarette … if you’re lucky. And when you beg the former banker to sell you one of his loosies to you for a tenner, you remember what your second-cousin did to Eric Garner.
All other holdings of SpaceForce7 and SpaceForce7.com present no conflict of interest in our reporting and public advocacy.
Thank you, for reading these public statements. Here is a video that may help you to recalibrate …