Important information for S-Group partners
Dear investors and partners, from 01.07 to 02.07 a business meeting of Top Leaders and founders of S-Group was held in Dubai.
During the business meeting all present partners were shown plans and development strategy, the problematic situation faced by the fund was voiced and the following information was shown to them.
Economic part
As part of the demonstration of the economic part, the company leaders were shown the following data in real time.
✔️ The company's personal account with maximum detail.
✔️ Regulated real account and company balances.
✔️ P/L, statistics and monthly yield reports.
✔️ Legal compliance.
✔️ Technical compliance.
Temporary changes for the duration of the audit
✔️ The regulator, for the duration of the audit, has partially restricted the company's account in the direction of S-Forex due to a request from law enforcement authorities and the company's suspicion of circumventing international sanctions, using funds to harm national security and sponsoring terrorism.
Due to the current problematic situation and understanding that only by joint efforts with the Top Leaders and a detailed discussion of each decision from all sides, a plan of anti-crisis measures was developed, which includes the following solutions aimed at stabilizing the current situation and further optimization.
1. Creation and implementation of a new freely convertible token SGCT, the exchange rate of which, as in SWCT, will be equal to $1.
2. Ability to use SGCT in S-Wallet, as well as adding SGСT/USDT trading pair on S-Trade crypto exchange.
3. Opening of a new investment area S-Forex Prime with the possibility of creating deposits in SGCT and SWCT tokens in the proportion of 80% SGCT to 20% SWCT with yield as in S-Forex Optimal, the entry threshold and the distribution of yield as in traditional S-Forex.
- The possibility of creating an investment in the proportion of 20% SWCT was implemented as a result of the current situation, where the broker provided additional funding for trading operations under the guarantee of the main account.
4. Weekly income receipt on S-Forex Prime deposit.
5. Weekly automatic reinvestment of income with a 5% fee charged on weekly income to SGCT.
6. Withdrawal of 5% commission to SGCT when making a deposit towards S-Forex Prime.
7. For each created deposit in the direction of S-Forex Prime partners will receive referral fees in the proportion of 80% SGCT and 20% SWCT of the total amount of the deposit.
8. Payment of bonuses for achievement of a new career level in SGCT and SWCT tokens, depending on their quantity in the user's turnover.
9. Deposit and withdrawal of SGCT at any time, as well as the possibility of exchanging SGСT for USDT.
10. S-Pharmaceutical is a separate business line of the company, which will completely switch to SGCT currency. Therefore, dividend payments on investments in S-Pharmaceutical will also be made in SGCT.
11. Ability to use SWCT to create a portion of the investment (20%) in the new S-Forex Prime direction.
12. Application and investment pools S-Crypto Liquidity Mining in currency pairs STD/SWCT, SWP/SWCT with profit payout in STD. The pool in the pair SWP/SWCT will be opened in the near future, follow the news in the official channels not to miss.
13. Using SWCT to buy plans in S-Subscription.
14. For the period of the audit, an additional pool will be opened in S-Forex Optimal, using SWCT without marketing and the possibility of withdrawal without any fees after the situation is resolved. Entry into the new pool S-Forex Optimal will be available to all investors with a minimum investment of 100 SWCT.
15. Users who at the moment of closing S-Wallet for technical works had applications for withdrawal of STD, SWP, SWCT or other cryptocurrencies in processing will receive funds back to the balance of personal account of S-Group in SWCT tokens, converted at the market rate.
Important. In connection with the launch of a new direction S-Forex Prime, the creation of deposits in a traditional S-Forex will be limited. There will be an opportunity to withdraw funds from the mentioned direction, taking into consideration regulatory measures of the company, in order to create SWCT deficit. It means that a part of accruals will be reinvested and the second part will be withdrawn.
We would also like to note that for the launch of S-Forex Prime a new jurisdiction is being registered, which has nothing to do with the current political situation.
Please note. The above mentioned anti-crisis measures will be in effect only during the period of problem solving and recovery from the current situation.
Separately, we would like to emphasize that the legal department of the company is taking all necessary measures to resolve the situation as soon as possible and to remove restrictions and suspicions from the company.
And also to remind that the principled position of S-Group and all its affiliated legal entities and individuals, as well as everything related to S-Group in the legal procedural form has always refrained and will refrain from any direct or indirect involvement in political issues and situations. The company has never engaged and does not plan to engage in political sponsorship and funding, including, but not limited to, the situation in Russia and Ukraine.
Additionally, we would like to note that this meeting was a shining example of how a truly constructive and committed dialogue can help us resolve difficult issues.
It is very important and valuable for the whole company to understand and realize that the situation is temporary and that despite all the difficulties that this problem has caused, the fund continues to provide opportunities for each partner to earn money.
We also want to emphasize that these difficulties occurred only in one area of the company, all the other areas are available as they were before. The whole team of S-Group is doing its best to restore the work of the direction as soon as possible.