I'm still skimming through, forgive me if this is obvious, but what is the valuation in BTC of the IPO? I see DTMA are 0.028 BTC (listed as 'example' so subject to change) and if you have 60,000+ units you can be a board member. That's like 1,680 BTC per board seat. How many shares are there?
I second this.
They obviously already have a very solid business in place, or so their prospectus leads me to believe...so why create an offering in the first place? From what we've seen in the past, usually there's some monstrous amount of total shares (e.g. 111.6K "A" units out of
1,000,000 released to the public, giving them an instant value of
BTC28,000). This is speculation of course, but I am a genuinely curious.
lets be clear, They dont have a solid business in place. That's disingenuous.
They do however, possess technology and technical knowledge that is particularly unique; when coupled with a sound business plan could lead to having a solid business.
i'd like to know what the valuation is also, but more importantly, what datatank owns in their inventory pre-ipo is also particularly critical to me; let's see just how invested in this technology they really are and where exactly our IPO money will go towards
