Audit #1 of @steemislandinc Steem Island: Disputed List of Officers and Bean Counting

Well, @riosparada, I am not too impressed with the way you handled the Steem Island Phase 1 funding round. But I am here to help! 👼

To buy a part of steem island all you have to do is transfer the amount of steem you want to contribute to the steemislandinc account (@steemislandinc). All the Steem collected in this account will be held in steem power so that all contributors can keep an eye on it.

(From this source)

This is a friendly audit, mainly to point out the errors in accounting. However, it appears that the rules were not followed. And many discrepancies exist. Your auditor would like to keep an eye on it.

If and when the account becomes overfunded the last people putting in the steem that created the overfunding Will be refunded.

This is still yet to be addressed and there seems to be a lot of overfunding.

The List of Officers as given by @riosparada

So the values given for the putative officers of Steem Island need to be verified and audited. This is my attempt to correct some of your errors and to dispute at least 10 things that have to do with the Officer selection.

I need not repeat the rules that @riosparada laid out to become an Officer of Steem Island. They were clear.

However, the rules were not followed about a dozen times, some of which were the result of errors by @riosparada, some were caused by ordinary Steemians, and some were caused by family members of @riosparada.

Here is the Erroneous Officer list that was posted recently. The numbers are supposed to represent Shares, but they should also correspond to Steem invested. Your auditor found otherwise.

40 @riosparada
1 @louiscpt
5 @swolesome
2 @elleselephant
1 @wakeupsheeps
1 @rishi556
6 @rickyjrios
8 @platonicsironic
16 @nikant
21 @missiontothemoon
1 @barrydutton
5 @rigaronib
77 @riosparada (steemstock contribution - steemstock is now owned by US!!!)
1 @papa-pepper
1 @vegansilverstack
300 @broncnutz
103 @oldtimer
6 @dzboston33
1 @bigt
1 @almvide
1 @doctorcrypto
3 @monkimo
10 @pbock
1 @ura-soul
1 @coincravings
2 @elyaque
5 @uruiamme
50 @anotherjoe
2 @blackvapor
25 @inphiknit
10 @pbock
100 @robert-call
1 @transhuman
12 @girlwithavoice
1 @donnaincancun
15 @aliciaonline.now
10 @realcodysimon
1 @mirthilweed
64 @biglipsmama
10 @stackin
2 @lydon.sipe
1 @grizzman
101 @solarguy
1 @elementm
1026 Total, 43 people

Source

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Audit #1 by @uruiamme

After auditing the wallet pages for @beep and @steemislandinc, I also checked the wallet of @steemstock.

Wallet links:
steemislandinc
steemisland
steemstock
beep

Valid Officers ✔️

Here are the Officers which I accept as valid completely because their Shares line up with their Steem investment exactly.

@uruiamme (the auditor)
@aliciaonline.now
@almvide
@anotherjoe
@biglipsmama
@bigt
@blackvapor
@coincravings
@doctorcrypto
@dzboston33
@elementm
@elyaque
@grizzman
@inphiknit
@lydon.sipe
@missiontothemoon
@pbock
@realcodysimon
@rickyjrios
@rishi556
@robert-call
@solarguy
@stackin
@swolesome
@transhuman
@ura-soul
@vegansilverstack

Valid Officers✅, assuming approval of the other officers, but with some minor discrepancies

@louiscpt
@elleselephant
@nikant

INVALID Officers❎ with no record of Investing Steem in Phase 1

@barrydutton
@mirthilweed
@papa-pepper
@rigaronib

Valid Officers⁉️ who did not Invest the correct amount per the Rules

@riosparada
@monkimo
@platonicsironic
@broncnutz
@girlwithavoice
@oldtimer

Users who should not be Officers 🚷 because they did not contribute at least 1.0 Steem

@wakeupsheeps
@donnaincancun

Audit in Spreadsheet form (tl;dr)

I am submitting my audit. It has notes, figures, and the amount of disputes for each putative Officer. Here is the Google Sheets page with all of the details about Officers of Steem Island, Inc. There, you will find that I have re-sorted and colorized the cells where problems exist.

You will also see that auditing this took a few hours of jumping around from a number of wallets, tracking down unusual transactions, and making best guesses.

Corrective Action

Those who have a disputed amount, it might be good at this time to invest the amount you lack. This exact amount can be calculated by yourself if you look at the Wallet links above and adding up what you contributed versus what @riosparada said you invested.

This is just a friendly auditor warning. If you do not submit at least 1 Steem as per the Rules, your contribution may be returned and you will not be an officer. Or if you submitted 7.416 Steem, you should be credited with 7 and not 8 Shares, and the 0.416 Steem should be returned.

SBD ERRORS

Anyone contributing in SBD instead of Steem will discover that your investment is disputed. Whenever SBD was invested, it appears that @riosparada transferred this to STEEM. Unfortunately, these transfers were generally on the short side. Your investments are too little, and I would refer to the rules which specify Steem.

Particulars

If you are @riosparada, you will need to explain the large discrepancy in the amount invested. I understand that you have added the value of @steemstock to Steem Island. However, this investment is not visible in any Wallet transaction, and therefore cannot be audited or "seen." You are asked to offer support of the difference between the 34 Steem wallet transfers and the 117 shares claimed. I was unable to figure out the "40" that you claimed, but in any case I combined the 40 with the 77 on my spreadsheet. I only came up with 34. 😕

I am going to ask you what rule is there to permit the inclusion of another account? How did you include @steemstock in your contribution if this contribution is not one of the rules? The rules were supposed to be laid out clearly. If nothing else, a new rule could be written on the spot, and I would be glad to redo the audit. 😄

All of the other accounts with disputed amounts are less than 1 Steem.

If you are @nikant, you will discover that I believe you may have erroneously contributed to @steemstock, and therefore I am confused if this was intended to be invested in Steem Island. If so, there was 8.000 Steem transferred to the wrong place. You may have a claim of an extra 8 Steem, rather than your Dad via @steemstock. Check your wallet for transaction records.

If this audit shows that you did not contribute even 1.000 Steem, then I am disputing whether you are an Officer. Your status is in jeopardy.

Contributions must be made in increments of 1 steem. 1 steem is the minimum contribution.

For any disputes, I believe the rules are plainly laid out here:
Steem Island crowdfund. This is your chance to own a part of steem island! and Steem Island Inc. UPDATE

Since I feel that all of my disputes are a result of applying those rules to the audited amounts of Steem invested into the wallets of @beep and @steemislandinc, I believe these issues need to be resolved before Officers are selected. In fact, the largest contributor (purported to be 300 Steem) is currently one of the users with a disputed contribution. For his sake and the rest, we all need to be properly invested.

Missing Contributions

I am at a loss how or where four individuals are listed by @riosparada, yet there is no record of their contribution. Please explain this.

My Audited List with audited and verified Shares

5 @uruiamme (Me)
15 @aliciaonline.now
1 @almvide
50 @anotherjoe
64 @biglipsmama
1 @bigt
2 @blackvapor
1 @coincravings
1 @doctorcrypto
6 @dzboston33
1 @elementm
2 @elyaque
1 @grizzman
25 @inphiknit
2 @lydon.sipe
21 @missiontothemoon
10 @pbock
10 @realcodysimon
6 @rickyjrios
1 @rishi556
100 @robert-call
101 @solarguy
10 @stackin
5 @swolesome
1 @transhuman
1 @ura-soul
1 @vegansilverstack
1 @louiscpt
2 @elleselephant
16 @nikant
34 @riosparada
2 @monkimo
7 @platonicsironic
299 @broncnutz
11 @girlwithavoice
102 @oldtimer

918 Total, 36 people

PLEASE SEE THE SPREADSHEET!

Next Time

Maybe we should reject SBD and other forms of payment? And maybe hire an outside auditor?
_{[Edited to correct the audited shares for oldtimer]}