https://scharmbeck.com/11_1_13_initial-public-offering-fee-shares.htmlScharmbeck Worldcoin Financial Services
Worldcoin Financial Services
Press Release: 01 November 2013
SCHARMBECK WORLDCOIN FINANCIAL SERVICES
Initial Public Offering of Fee Shares
Scharmbeck is offering 100,000 of 1,000,000 non-dilutable fee shares (ticker symbol SBFS) at a price of 0.005 BTC per share during an initial offering that was schedule to begin 01 November 2013. Scharmbeck fee shares will be offered and administered on the cryptostocks.com exchange. The initial public offering has been indefinitely postponed pending updates for new account provisioning on the cryptostocks.com exchange. Please stay tuned to Scharmbeck’s twitter feed at
https://twitter.com/scharmbeck for up-to-date information.
A second offering of 300,000 fee shares will be listed at 0.05 BTC per share sometime after new features and services are announced on or about 14 February 2014. 100% of Worldcoin fee revenue (less transaction costs) produced by Scharmbeck will be paid on a monthly basis to shareholders (1 SBFS = 0.0001% of fee income).
Revenue produced from the initial offering will offset costs for regulatory licensing and full time development of additional fee-based services. Fee share owners will be able to vote on new services and features that will help shape the future of Scharmbeck and Worldcoin!
Beta testing of Scharmbeck’s cloud-based service to buy-and-sell Worldcoin with a U.S. bank account is scheduled to begin on 20 December 2013. Three-tier security has been implemented for armor-plated fund protection. Scharmbeck’s FinCEN application has been received and acknowledged by U.S. regulatory authorities.
Scharmbeck is the leading online service provider for Worldcoin cryptocurrency services. Of all available cryptocurrencies, Worldcoin was selected for its bitcoin-like security features, its robust reception and support by the mining community, its rapid transaction confirmation times (critically important for acceptance and use in commerce), its mining and reward dynamics, and its early adoption growth potential.
Worldcoin is a decentralized, peer-to-peer cryptocurrency whose creation and transfer is based on open source encryption protocols. Worldcoin is similar to, but significantly improves on bitcoin. The Worldcoin network will produce thirteen times as many currency units as the bitcoin network. When the Worldcoin network has fully matured, Worldcoin’s improved transaction features are expected to allow Worldcoin to achieve a parity market valuation of at least one-thirteenth that of bitcoin (or 0.077 BTC per Worldcoin).
SCHARMBECK, LLC
Approved for immediate release.