Greenox Club Review: Robotina token investment fraud

12 Comments on “Greenox Club Review: Robotina token investment fraud”

#1

ivo

Sep 19th, 2019 at 9:25 pm  ivo(Q)

Hm, something tricky behind the video. If you know Croatians well then you would know they would not promote SLOVENIA in the video so much…

They would go to that Robotina partner in Slovenia and maybe to Ljubljana and Bled. They would promote Zagreb, Plitvicka lakes, Croatian Sea coast.

In this video there is just once mention Zagreb and few Croatian flags are seen at the “event”.

The title on video:”Greenox Croatia event march 2019.” is misleading with the purpose.

Behind this scam is someone from Slovenia for sure.

All looks very familiar to Urban Turnsek scams and his collapsed BYXPRESS scam.



#2

Ivan

Sep 21st, 2019 at 6:26 am  Ivan(Q)

You didn’t search well.

Director of Greenox is board member of Robotina. Robotina and Greenox are in this project together (robotinarox.io).

Robotina is high tech company with extraordinary results robotina.com

Robotina wouldn’t risk reputation dealing with some fraud.

Greenox should make website better, more transparent, and with more details, otherwise they risk people will get impression like this one about them.

l searched Robotina, IMO they will be leading company in their area very soon.



#3

Oz

Sep 21st, 2019 at 7:16 am  Oz(Q)

You didn’t search well.

Director of Greenox is board member of Robotina.

Actually, as with all our reviews, I researched as best I could.

As you note Greenox Club provide no information about who owns or runs the company. Not just on their website but anywhere they have a presence.

If a Board Member of Robotina is running Greenox Club, that’s inside information (which you likely only have because you’re an investor).

Robotina wouldn’t risk reputation dealing with some fraud.

Yet here we are. Regardless of what Robotina is or isn’t, Greenox Club is committing securities fraud.

So what we’ve learnt so far is Robotina == Greenox Club and it’s all being run out of Slovenia.

Once we’ve got a name I’ll update the review.



#4

Kim

Sep 21st, 2019 at 11:18 pm  Kim(Q)

Dear Sir,
I really appreciate the time you have put into creating this article. Although I would expect that a renown reporter such as yourself would put a little more time, skill and effort into digging the facts out before you jump to any conclusions.

I understand bad journalism is more popular than good one, but still…facts are facts. Opinions will always be just opinions and there is no other way around it.

So let me leave some links for you and make your work a bit easier when publishing article about Greenox or Robotina in the future:

I would suggest you read:
1. Who is Robotina

(Ozedit: marketing spam removed)

7. Find the correct compensation plan for Greenox
(the one you refer to is outdated, incomplete, incorrect and misinterpreted)

8. For better understanding of ESCO (Ozedit: snip, see below)

By answering yourself to all 7 things mentioned above you will find your article quiate strange and far from factual 🙂

Kind regards,
Kim



#5

Oz

Sep 22nd, 2019 at 12:23 am  Oz(Q)

Dear Greenox Club scammers,

I know exactly what Robotina is (a pointless shit token nobody is using), and how it fits into Greenox Club’s Ponzi scheme.

7. Find the correct compensation plan for Greenox
(the one you refer to is outdated, incomplete, incorrect and misinterpreted)

Nope. 100% accurate.

Feel free to provide alternative compensation plan documentation (if you actually had it you’d already of provided it).

Instead of the “here’s a bunch of irrelevant marketing spam” approach, try address the facts presented in the review itself.

No amount of whitepaper or “but we’re working with Microsoft” etc. garbage is a substitute for Greenox Club registering itself with securities regulators.

As for ESCO; I invest EUR with Greenox Club, they offload ROX onto me and pay me an advertised ROI after 6 months (read: dump more Robotina onto me).

In terms of money, I surrender euros to Greenox Club’s owner(s) and over time baghold more and more of their dumped ROX.

Greenox Club’s fraudulent investment opportunity isn’t rocket science, so stop pretending nobody gets it.



#6

ivo

Sep 22nd, 2019 at 2:30 am  ivo(Q)

Kim, the doctor of scam,

cant wait a few months you to be in all other media represented as scammers. You know, i sent you a message via your robotina webpage and i told you, you are probably in a big shit, scamming people around the world and “maybe” you even do not know what is happening.

After your message here, i am sure, you are completely aware about scamming, thats why you are actually posting comments here.

SCAM = gold, platinum, earn, invest, tokens, crypto, awards,…. just to remind you about your simple redneck slovenian wordings as you know them from 90s.

I will inform now all Slovenian media, police, financial police, tax office and NPU (Slovenian FBI) about you and lets see what they will say..

You are “smartly” scamming only asians for now. With this approach you would like to escape EU laws and hide behind the scam.

But, unfortunately you are wrong. I am here to destroy your scam ( pls note Slovenians are one of the “best” scammers in the world (since 90s they are scamming from behind – started with popular singer Bozidar Wolfand Wolf scam “Catch the Cash”)).

Oz, continue your great work!



#7

Darko

Oct 2nd, 2019 at 5:16 pm  Darko(Q)

Hi! Actually, I red your comment about Greenox and Robotina and would like to suggest, before you write some bullshit and share it on the web, you should at least examine the facts.

And the facts are very simple to get. This guy on the photo is running Greenox for real and he is not from Croatia!! He is from Slovenia like Robotina as well!

So, collect facts and don’t write BULLSHIT around the web. About robotina you can read at (Ozedit: spam removed)



#8

Oz

Oct 2nd, 2019 at 5:21 pm  Oz(Q)

Yes we’ve established Greenox Club == Robotina run from Slovenia.

Instead of crapping on about bullshit, how about you read (#3):

Once we’ve got a name I’ll update the review.

It’s amusing how you get butthurt at the suggestion a Slovenian scammer is from Croatia, instead of the scam itself.

The “facts” are that Greenox Club is nothing more than a Ponzi scheme run via worthless robotina tokens.

And no Greenox Club promoter seems to dare name who’s behind the scheme. Potential investors victims can read into that as they want.



#9

Jan

Oct 2nd, 2019 at 8:04 pm  Jan(Q)

MILAN ROBOTINA!! Thats his name!!

SLOVENIAN president for this scam.



#10

Oz

Oct 2nd, 2019 at 10:21 pm  Oz(Q)

There’s literally no mention of “Milan Robotina” anywhere on the internet.



#11

Oz

Apr 30th, 2020 at 3:39 pm  Oz(Q)

Review updated with information on Niko Mrdenovic, owner of Greenox Club.

Also via email:

This is also a strange thing since Greenox Club is offering members to buy the HEMS device for 950 Euro + external installation, a device that Greenox states it will help the member to save up to 30% of their electricity cost and that is supposed to work with the platform (even though the platform is not in operating status).

The HEMS device is also stated to make the members home to become a smart home, using IoT that can be operated from a cellphone with an APP that members can download from Appstore or Google Play.

Greenox is also offering members to pay for “pre order” of this product, the products name are Founders Pack or VIP Founders Pack.

Both packages contains a combination of the HEMS device and “Roxon Units” for 2000 or 5000 Euro – this means that the members are paying for a product (HEMS) that is not delivered to the member.

Even though this product is manufactured by Robotina there is nothing from their side that shows that Greenox Club has the rights to sell this product nor if they can deliver the product to the member, or that Robotina and Greenox Club have a cooperation.

Greeonox Club offers their members to buy “share ownership” of the Robotina Rox platform trough Roxon Units.

What is not mentioned is where does the member really buy shares or units, since this is connected to some other companies called:

GX 1 and GX 2, but members can´t read about this companies anywhere.

Is Niko Mrdenovic the owner of these companies, and is there none what so ever information between Robotina, Robotina Rox, GX 1 and GX 2 or Greenox Club that shows the member who buy this so called Roxon Units that they actually becomes a share owner in the Robotina Rox platform?

Roxon Units are units supposed to be collected as a member until the member have a minimum of 5000 Euro in value (1 unit = 1 Euro) and then convert the 5000 units to a full share and then the member shall be logged in to the shareholders book, even though Greenox offers Roxon Unit packages where they deduct from the purchase price 10% (for commission payments) meaning that the member who buy this “share ownership packages” needs to buy more than 5000 Euro to achieve the amount necessary to become a share owner.

The BIG question is – in which company will the member be share owner in and how?

Robotina Rox or in GX 1-2? Does Greenox Club selling a fake share to take in money to Greenox Club and issues a share or unit from some other company called GX 1-2?

Is that even legal to sell the share/units for another company/ies through Greenox Club?

Does Greenox Club have the proper licenses to offer this kind of financial products to their members?

Greenox Club states that the investor will get a yearly profit of their share ownership, paid out on a yearly basis calculated on the value of the Robotina Rox platform, the question is who is calculating this value, if so?

The next product that Greenox Club is offering to the members is ESCO, a crowd funding package that is supposed to take in funds to Robotina and finance energy optimization projects that Robotina has.

The different packages are 100 Euro, 1000 Euro, 5000 Euro, 10000 Euro and 50000 Euro.

When a member is purchasing one of this packages Greenox convert the funds to Rox Token and the calculation is 100 Euro which gives the member 15% profit, 1000 and 5000 Euro which gives the member 20% profit, 10000 Euro which gives the member 25% profit and 50000 Euro which gives the member 30% profit all paid to the member after 6 months (lock in period) in Rox Token.

What Greenox doesn´t tell the member is how they are calculating the Investments.

100 Euro is calculated 75% of the value that goes in to ESCO crowd funding

1000 Euro is calculated 80% of the value that goes in to ESCO crowd funding

5000 Euro is calculated 85% of the value that goes in to ESCO crowd funding

10000 Euro is calculated 90% of the value that goes in to ESCO crowd funding

50000 Euro is calculated 95% of the value that goes in to ESCO crowd funding

The remaining funds is deducted to pay for the referral commissions.

Greenox Club states that the member who purchase this packages will make a profit on the value increase of the Rox Token since the value of the token is supposed to increase even though the chats don´t show any indication of that.

The product HEMS device is a device that Robotina is producing and states that this device will give the owner of the device a lower energy cost of the electric consumption by up to 30%.

The price for the device from Greenox Club is 950 Euro.

Does Greenox Club have exclusive sales rights for this product?

Answer: No, not according to Robotina d.o.o.

Note that a lot of this seems to be after the fact.

Greenox Club’s Alexa website ranking is currently 2.8 million, #RIP.



#12

PassingBy

Apr 30th, 2020 at 8:56 pm  PassingBy(Q)

The product HEMS device is a device that Robotina is producing and states that this device will give the owner of the device a lower energy cost of the electric consumption by up to 30%.

This sounded so much like total BS, a magical energy saving box, that I had to look it up. I learned the following.

(a) HEMS means Home Energy Management System, and it’s a generic term, not something Robotina-specific. They do what the name suggests, control the electricity and heating system of a house, to achieve maximum efficiency.

(b) Robotina makes such a HEMS device (among other things), and those are being used in genuine projects, by legitimate companies. For instance, I found them mentioned in a report for the European Union’s GOFLEX initiative (Generalized Operational FLEXibility for Integrating Renewables in the Distribution Grid), in a case study carried out by a German publicly owned electrity supplier.

(c) Most importantly: the presentation of them as quoted above is indeed total BS. Such a system only serves any purpose if three conditions are met:

1. The electrical wiring of the home is laid out for it (including having an array of inside and outside temperature and light sensors).

2. All electical appliances in the home, and all those sensors, can talk to the HEMS box.

3. the electricity grid is fully compatible with the system, and the company which supplies the electricy is also on-board, since the HEMS box must talk to those, too. A lot of the supposed costs savings are entirely dependent on the electricity supplier’s method of charging.

If all those conditions are met, it can reduce energy costs. By a hugely variable degree, depending on the home in question.

Buying one for an individual home is nonsense, these things can only serve any purpose when installed as part of a scheme managed by the electricity suppliers where you live.

Generally, there is something very strange about the way Robotina sells itself. The hardware products side seems quite normal and rather humdrum.

And then there is this whole ROX token business, and its associated “IoT platform”, whose marketing material consists only of grandiose hype, and is great for playing a game of Blockchain Bullshit Buzzword Bingo.

It all deals with things that clearly have got nothing at all to do with the manfacturing of what is just a computer-controlled switchbox (and some other electricity-related hardware). Stuff like:

Users and their sites/entities will cooperate by reporting their real time data, sending notifications and forming social networks and thus participating in the sharing economy business model.

(…)

you will earn money by allowing power consumption flexibility to the grid and by collaborating in group buying, power trade, aggregated data sales, crowd financing and by activities in the platform’s marketplace.

(…)

Users will be able to use Robotina Utility Tokens (ROX) in order to participate in crowd funding of the profitable projects using ESCO (Energy Service Company) or VPP (Virtual power plant) schemes.

(…)

Users will participate in smart-contract based businesses. They will be able to sell or buy various services, available to the connected users and 3rd parties.

But that’s really just the start. By the third quarter of this year, they will also be “Open for Non- Energy Business, safety, security, insurance, medical, AI”, and they will have added a “Social Service Module”, whatever that is.

And all that is going to be run by a small electronics manufacturer from Slovenia. How very realistic.

Just where the Greenox MLM thing fits into any of this remains a mystery to me. There doesn’t seem to be any mention of them anywhere. But otherwise, what is all this ROX token nonsense for? I can’t quite figure out what it is they’re trying to sell, to who.

One bit that made me laugh out loud was this:

AT LEAST 500 SMART DEVICES will be in each home by 2022

Even using the most liberal possible definition of “device”, I don’t even have one tenth of that number of dumb devices currently in my home. Those are all going to have to be replaced, and then there are going to be well over 450 more added to that. All over the next one year and eight months.

What the hell are all those devices going to be doing (and smartly at that)? And who is going to pay for them – I certainly have no intention of buying them. I have all the devices I need, in fact, I have quite a few I don’t need at all.