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Like this post... Pre STO/STO Use of funds are as

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Post# of 82686
(Total Views: 463)
Posted On: 10/09/2018 6:59:15 AM
Posted By: zpaul
Re: Splithappens #39562
Like this post...
Quote:
Pre STO/STO Use of funds are as follows as per BST website:

Funds raised are as follows- Pre STO 44,400,000 TOKENS X $0.025 = $11,100,000 (over the next couple of months)
STO 32,400,000 TOKENS X $0.50 = $16,200,000 (over the following few months)

Total raise $27,300,000

SO USE OF FUNDS:

R&D - 27,300,000 X 37% = $10,101,000 (probably where SFOR gets paid from)
Company Expansion - 27,300,000 X 17% = $4,641,000
Marketing - 27,300,000 X 15% = $4,095,000 (nice marketing budget)
Operation - 27,300,000 X 15% = $4,095,000
Legal & INsurance - 27,300,000 X 8% = $2,184,000
Misc. - 27,300,000 X 2% = $546,000

Thats 94% of the funds, 6% is avail. to add to any of the catagories above.

$27,300,000 X 6% = $1,638,000 Not accounted for. George and Mark need to be emailed to correct the perentages or add a catagory of 6%.

All this money equates to a very active 2019 and beyond.

IMO

GLTA



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