I'm with you Goodspeed. I have no idea but I have
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Posted On: 01/01/2018 5:42:00 PM
Re: Goodspeed65 #13877
I'm with you Goodspeed. I have no idea but I have some questions based on this part from Veal:
"Step one is to start a new Delaware company, using the blockchain to record its shareholders, and do an Integrated Coin Offering (ICO). We can bring in some existing investors as founders, but our initial plan will be to follow the guidelines using what's called a regulation d 506 c offering. That just starts with accredited investors and takes advantage of the hot market. From there we can start trading using a second offering through Startengine and in time acquire the holding co shell, which can be reorganized using the blockchain. We pay the holding co for the rights to the trademark. Taking out the toxic lenders will be accomplished on our terms and not theirs. Although the final cap table is not resolved, we expect to reduce the float by considerably over a billion - we will provide a very disruptive return to trading for the brand and shareholders."
1. How the current plan impacts current shareholders? It says that it can bring in some existing investors? How many? What happens to the rest of the investors?
2. With this new corporation, do our shares flow over or not? What % flows over?
"Step one is to start a new Delaware company, using the blockchain to record its shareholders, and do an Integrated Coin Offering (ICO). We can bring in some existing investors as founders, but our initial plan will be to follow the guidelines using what's called a regulation d 506 c offering. That just starts with accredited investors and takes advantage of the hot market. From there we can start trading using a second offering through Startengine and in time acquire the holding co shell, which can be reorganized using the blockchain. We pay the holding co for the rights to the trademark. Taking out the toxic lenders will be accomplished on our terms and not theirs. Although the final cap table is not resolved, we expect to reduce the float by considerably over a billion - we will provide a very disruptive return to trading for the brand and shareholders."
1. How the current plan impacts current shareholders? It says that it can bring in some existing investors? How many? What happens to the rest of the investors?
2. With this new corporation, do our shares flow over or not? What % flows over?
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