capped at $25,000,000, plus an amount equal to 10% thereof as a holdback for future investment opportunities in the portfolio
I don't know what I just quoted. I'll need to spread my eyelashes out superwide before I can try to assess this bullshit dribble ^^ again. U withhold 10% interest from this maddening horseshit sale for what purpose? What portfolio are u referring to? Is it ur own portfolio?
Did u write it while riding loud wild suzuki 170 mph on seaway trail and at the same time having diarrhea up ur pants.
Its pretty standard when it comes to ITO's. Few points:
1- The 10% token hold back will be owned by the fund, including token holders, not just Intellisys. These funds are NOT to sell, pay salaries, ect. The 10% is when the price rises, we can sell and use for future company purchasing, which makes the value of the fund and token holders increase.
2- We are burning all unsold tokens using proof of burn. There is no major premine or anything like that. Whatever is not sold by end of ITO, is being burned.
reading this ann thread i dunno whether to laugh
or cry
Check back here in 6 months and I hope you are not crying by your missed investment.
Look at the people involved in this project and the work done here. We are issuing tokens that represent actual assets in the USA. We are not raising money to promise to build a new technology.
Jason Granger
Founder & CEO
Since 2004, Mr. Granger has successfully built large teams in banking, real estate, construction, and private equity. Recently he led a four-year joint venture partnership with AIG equating to a $405 Million equity commitment in a $2 Billion real estate development platform for First & Main™ senior living as SVP of The Granger Group.
Charlie Shrem
Founder & CTO
Shrem is a Bitcoin Pioneer, founder of the Bitcoin Foundation (Vice-Chairman 2012- 2014) and former CEO of BitInstant, one of the earliest and largest Bitcoin companies processing 30% of all Bitcoin/USD volume. Recently, Shrem has developed joint ventures between traditional finance companies and Bitcoin companies like Payza.com.
Jeremy Lehman
Mr. Lehman is a fintech investor and operating advisor, who has sourced investments and guided execution in numerous ventures and growth equity companies. Previously Mr. Lehman was EVP, Global Product Development and Operations (CIO) at Experian and held officer positions at Barclays, Citigroup, Thomson Reuters, and Microsoft.
Paul Puey
Mr. Puey is CEO and Co-Founder of Airbitz, the leading single-sign-on security platform for blockchain technology and decentralized applications. Airbitz has won accolades including being one of the top 3 mobile apps for bitcoin in the 2014 Blockchain Awards and being voted in the 'Top 50 FinTech Companies to Watch' by AlwaysOn Inc.
Jered Kenna
Mr. Kenna is the Founder and CEO of Tradehill, the first US Bitcoin Exchange, an investor specializing in start-ups, and an entrepreneur at heart. In addition to Tradehill, Jered also owns 20Mission, a “Hacker Hotel” and startup accelerator in the Mission District of San Francisco as well as 20mission Brewing in Medellin, Colombia.
Thomas Holzinger
Mr. Holzinger is the Asset Manager at JetLevel and General Manager for NEFT Vodka. Mr. Holzinger has 10 years’ unique experience in aviation in general and with special focus on management. He has developed a new business concept of aircraft acquisition, financing and managing $250M in assets.
Lisa Cheng
Ms. Cheng is the founder of The Vanbex Group, one of the largest full service Blockchain consultancy groups and Etherparty. Previously, Ms. Cheng led Communications for Ethereum and Business Development for Mastercoin and currently serves on the [Suspicious link removed]mittee with the Standards Council of Canada.
Daniel Winters
International and Bitcoin Tax Compliance - Global Tax Accountants, LLC.
L. Mazzola
Mr. Mazzola has extensive qualifications in financial sales, project planning, and documentation. He is experienced in evaluating business and purchasing opportunities with 20 years experience in financial analysis, sales and customer service.
-Charlie Shrem