very interesting reading. One thing that jumped out at me, though was:
Quote:
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(7). An e-services provider must not carry on any business activities other than the e-currency services and such other activities that are incidental to or in furtherance of its e-currency services.
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Seems to me that this would pose a problem for Federal Gold. I can't see how according to item 7 above it could be considered an "e-service provider" because of its relationship with DXS.
Regardless of whether they state FG is or is not "connected to" DXS, the fact remains that when DXS is up - FG is up, when DXS is down - FG is down. No coincidence there!
I think this definitely points to a connectivity whether by ownership, by association or incidental, and that "business activities other than the e-currency services and such other activities that are incidental to or in furtherance of its e-currency services" are most definitely occurring.
