Second round of funding for what? You live in the Finnland, lets see the valuation of the Euro vs. Dollar is about $1.00 EUR = $1.06 USDT.
Don't push your luck and greed, just deliver the product that was promised.
The second round offers company shares.
Heat Ledger Ltd will arrange Initial Public Offering of stock equity in late 2016. 50 000 - 80 000 new company shares will be released to constitute 20% - 25% of total company equity, in order to raise between 500k to 1.5M EUR funding to further develop company operations. HEAT token holders who participate in round 1 ICO and hold their tokens will receive options that entitle for 50% minimum rebate from IPO share price.
We all know the schedule has changed a bit.
I've seen this scheme before, remember Alcurex? First a coin, MicroCoin, then Alcurex shares. And guess what, Alcurex is also registered. Apparently it's not that hard to pay a fee and become registered in whatever Eurpean country they operate.
I'm starting to lose hope on this project, using ideas from other start ups. First a coin, then shares of some registered but non existent company in some obscure scandanavian country.
Then there will be a 3rd round of funding, and 4th, etc.
Just release the coin already.
What it does mean, is that it will be very hard for them to take the moeny for them self, so the company will never be non existent as you put it.
Also they have statet that they plan to release the coin tomorrow.