I like these questions because it allows me to repeats something VERY IMPORTANT. When you are talking about previous ICO's where after they close and get on exchanges people dump their tokens and the price goes way way down.
You are comparing apples to oranges. Without insulting any past projects WE ARE NOT a ICO that has hyped the heck out of a project that still does not even have a viable blockchain application. I remember reading about a ICO that raised $125 Million dollars and they said in their White Paper that their app would not even be done till 2024. Who would invest in a project like that. By 2024 most likely their application will be obsolete and worthless.
Also while everyone else was dumping those tokens so were the Founders of those ICO's.
WE ARE a security token. We are NOT a blockchain based application or project. We are using blockchain to make it more convenient to pay and book. We are using Blockchain to store treatment data for research but we are NOT dependent on it. We are using it because it will IMPROVE out efficiency.
WE ARE a company that, at first, is opening treatment facilities, in the US, for dogs with cancer and we will be treating them with our proprietary treatment. Any industry related to dogs the US is booming. Over $17 billion was spent in 2017 on Vet Care in the US and over $69 Billion on Pets in the US.
That should tell you how booming of a industry is pets and dogs in the US.
If you want to see what might happen with our security tokens you need to look at IPO's. Companies that went public in the US. Then you will see a model that after the IPO ends then the price a majority of the time goes up but some dip a bit in price but then they price will be judged by the actual revenues and profits. Then you would see how great of a deal it was for those investors who were lucky enough to get in on a IPO.
You cannot view what the price of our Security Tokens will do compared to what hyped up ICO's did in the past.
First we will offer to buy the bounties if we can. Second none of the founder and principles of the company will be allow to sell their tokens for at least 12 months. Nor can any like US Institutional Investors. That is a SEC law.
I hope that helps to explain it.
Gary
So you intend to conduct an IPO, I have not heard about this method of investing in projects, and according to the laws of the SEC, institutional investors and just investors can not sell tokens in less 12 months. Did I understand your answer correctly?
No Bitkocha you are NOT understand it correctly. We are NOT doing an iPO. We are doing a STO a security token offering. A IPO is an Initial Public Offering. It is what is done when major corporation go PUBLIC with the stock. It was what Facebook just did. It is very expensive. I am not sure how you saw that in my response. I was comparing how the price of the stock reacts after the IPO and saying that our STO will act more like that. And it will NOT act like the ICO's of past which are pumped up and have no real working product that will generate revenue. Do you understand now?
AND any investor, institutional or not, if they are US citizens investing under Reg D they have to hold there tokens for 12 months. If they are not in the US and are International investors they they are investing under Reg S and they have to hold their tokens for 90 days. THIS is only the initial investors. If someone buys on the secondary market via a exchange they can sell the tokens any time they want after that buy them if the want.
Do you already know on what state exchange you will conduct STO ?