Topic: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay - page 172. (Read 148848 times)

If you are looking for a trustworthy cryptocurrency project to invest in, find one that discloses all in a Regulation A+ mini-IPO! 

The reasons ICOs won't use Regulation A+ mini-IPO:

#1 - $50 million is the limit on how much they can raise

#2 - Company must be based in the U.S. or Canada (oddly enough both countries have investor protection laws😉)

#3 - The company needs to file an offering statement with the SEC that includes the following information -  "material risks; plan of distribution; use of proceeds; description of the business operations; discussion of financial condition and results of operations (MD&A); disclosure about directors, executives and key employees; executive compensation; beneficial security ownership information; related party transactions; and two years of financial information. For a Tier 2 offering, that financial information must be prepared in accordance with U.S. GAAP and audited by a PCAOB licensed auditor."

#4 - "The registration statement will also have numerous exhibits, such corporate records and material contracts and agreements."

#5 - "Particulars of the offering, such as what is being sold and at what price, need to be included. Key to this information is a reasonable valuation and rational use of proceeds. A company should demonstrate value through its financial statements and disclosures and establish that the intended use of proceeds will result in moving the business plan ahead and hopefully create increased value for the shareholders. Investors want to know that their money is being put to the highest and best use to result in return on investment. Repayment of debt or cashing out of series A investors is generally not a saleable use of proceeds. Looking for  $50 million for 30% of a pre-revenue start-up just isn’t going to do it! The company has to be prepared to show you, the investor, that it has a plan, management, vision and ability to carry out the business proposition it is selling.

#6 - And this should stop most of them from ever even thinking about applying:

No bad actors allowed - "The bad actor rules are there to protect investors and disqualify the company from using Regulation A+ if the company itself, its predecessor or an affiliate such as an officer, director, 20%-or-greater shareholder, promoter, broker or others directly involved in selling the offering have been subject to certain administrative orders, industry bars, injunctions involving certain securities law violations or certain specified criminal convictions all within the last 5 years or 10 years depending on the disqualifying event."

A brief summary of -  http://www.legalandcompliance.com/securities-law/regulation-a-ipo-or-mini-ipo/

Please be sure to have your DNotes off of the exchanges before April 16th.

It is imperative that if you wish to participate in the swap for DNotes 2.0, now or in the future, that you remove your coins from the exchanges prior to April 16th. Leaving your coins on the exchange means that the exchange controls your coins, and not you. We will of course make every effort to help you swap your coins but we cannot make any guarantees that we can recover coins that are not in your control.

Is the volume in the coinmarketcap and down of this coin, or is it listed in another exchange that is not in the coinmarketcap? Is volume this due to bitcoin falling?

I just found one and put it in my wallet. Now Im trying to get a STEEM acct so I can message wiser.