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Tokens
Tokens are a representation of a particular asset or utility, that usually resides on top of another blockchain. Tokens can represent basically any assets that are fungible and tradeable, from commodities to loyalty points to even other cryptocurrencies!
Creating tokens is a much easier process as you do not have to modify the codes from a particular protocol or create a blockchain from scratch. All you have to do is follow a standard template on the blockchain – such as on the Ethereum or Waves platform – that allows you to create your own tokens. This functionality of creating your own tokens is made possible through the use of smart contracts; programmable computer codes that are self-executing and do not need any third-parties to operate. It really is super cool! (See also: Guide to Cryptocurrency Wallets: Why Do You Need Wallets?)
Tokens are created and distributed to the public through an Initial Coin Offering (ICO), which is a means of crowdfunding, through the release of a new cryptocurrency or token to fund project development. It is smilar to an Initial Public Offering (IPO) for stocks, with critical distinctions which are explained in the article Crypto ICO vs. Stock IPO: What’s the Difference? Many are crazy over ICOs as they represent a great way of identifying interesting projects. (Read more: Beginner’s Guide to ICO Investing: How to Participate in ICOs)
Fun Fact: A template for token creation is wonderful since it provides a standard interface for interoperability between tokens. This make it so much easier for you to store different type of coins within a single wallet. An example is the ERC-20 standard on the Ethereum blockchain, which has is used by over 40 tokens
Summary
The main difference between altcoins and tokens is in their structure; altcoins are separate currencies with their own separate blockchain while tokens operate on top of a blockchain that facilitates the creation of decentralized applications.
https://masterthecrypto.com/differences-between-cryptocurrency-coins-and-tokens/
Perhaps I worded that wrong. The value of the Delaware shares HJOE'S shareholders will get in exchange for their Colorado shares will soar.
Very well an ICO isn't done for cash just like I said. And just as Veal truthfully stated this ICO won't be done as a cryptocurrency. There seems to be some misunderstanding about just what a cryptocurrency is. And that an ICO can be done using something other than a cryptocurrency. There are significant differences.
https://masterthecrypto.com/differences-betwe...nd-tokens/
This is very interesting stuff....especially read the last paragraph on tokens.....also click on the blue portions for further understanding of ico vs ipo etc.
I didn't say anything about cash. I said the ICO doesn't have to be filed as a cryptocurrency which is true.
Or maybe he knows a lot about it.
https://www.coindesk.com/2-us-states-issue-warnings-over-cryptocurrency-investments/
In terms of capital raising, the new SEC rules for this came out in August, if we go this route we have a market maker not beholden to the toxic lenders (harder to find than you may think), a new transfer agent that uses the blockchain, a new securities firm, and a whole new financial infrastructure.
Hangover Joe's
Internationally, we cannot be happier with Cure Korea and their CEO very forward thinking and is building the brand very well. They will be supplying the Korean Military in 2018 and growing the brand both in stores but also via social networks also via companies that act as representatives and taking the brand into ridesharing as well as moving it on an individual basis. They will expand into Japan and also are looking into expanding into China and other places throughout Asia.
We are still working with our European distributor and it does take time to go through the legal systems in Europe but we are making advancements and both parties are in communication and agree this venture will lead us both to great success. We have also been in discussions with an Australian company and one of the members of Cure Korea is Australian and has an interest in becoming part of the Australian team. We will be seeing the Aussies again within the next month in New Orleans and things are moving forward on this front.
The rebuilding of this company is a planned design based on a new system and we will once again lead in this and shake the OTCBB up a bit when we do return.
Hangover Joe's
"Probably not very likely h-j-oe will transfer common shares 1 for 1. It's a bait and switch play most likely. The shares that transfer whole will probably be the preferred and any warrants"
No investor will lose their shares, but some of the toxic lenders are going to be looking at a haircut on their holding . it takes time and a few hurdles to move over to Delaware company, but its going to be better than playing the same game all over again. in the end they are going to praise us for what we are doing
Matt
We will be shipping multi pallets of both Hangover Recovery Shots & #GourmetBeefJerky #CraftJerky #BeefJerky #GourmetJerky to a new distributor #Bermuda! They have full distribution all over the Island in bars, stores and tourist shops! We going to own #Bermuda in 2018!
The answers to all but one of your questions can be gleaned by reading the address and supplemental address by Veal.
Looks good for HJOE shareholders. Looks bad for HJOE short positions.
Part of the #CureKorea team making The Hangover Recovery Shot a major success #SouthKorea wishing everyone a #HappyNewYear! They will be working big time during the #WinterOlympics #Seoul to bring lots of attention to the Hangover Joe’s brand. and making #Korea #HangoverFree!
https://mobile.twitter.com/TheHangoverShot/status/948603173962436608/photo/1
Our #GourmetBeefJerky is the nations best tasting #CraftJerky we are shipping today to new dealers so more cities and markets will experience #JerkyLiciousness! You can also purchase it 24/7 on #Amazon search Hangover Joe’s #BeefJerky! CEO Matt Veal will also update soon! $HJOE
Just to clarify any misunderstanding about shareholders. I received an email from HJOE last night.
Yeah it's really a shame when they get caught and FINRA or the SEC fines them for making illegal profits.
Oh I'm very familiar with how MM's work.
FINRA Fines Morgan Stanley $2 Million for Short Interest Reporting and Short Sale Rule Violations
WASHINGTON — The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Morgan Stanley & Co. LLC $2 million for short interest reporting and short sale rule violations that spanned a period of more than six years, and for failing to implement a supervisory system reasonably designed to detect and prevent such violations.
Thomas Gira, Executive Vice President, FINRA Market Regulation, said, "Short interest reporting continues to provide investors with important transparency into the level of short selling in a particular issue. Accordingly, it is imperative that this information be timely and accurately reported. Similarly, a fundamental requirement for compliance with the short sale rule is that firms properly track their short positions."
Firms are required to regularly report to FINRA their record of total "short" positions in all customer and proprietary firm accounts in all equity securities (with certain exceptions). FINRA or the listing exchange consolidates and publishes this information for the benefit of the investing public. FINRA found that Morgan Stanley, over several years, failed to completely and accurately report its short interest positions in certain securities involving billions of shares. FINRA also found that the firm's supervisory system was deficient because it failed to detect and prevent these violations over an extended period of time.
Regulation SHO, the SEC's rule that regulates short sales, generally requires firms to aggregate their positions in a security to determine if they are long or short. It also generally allows firms to track their positions in a security from certain trading operations or trading desks separately from other positions maintained at the firm through the use of an "aggregation unit." Such aggregation units, however, cannot include security positions of customers or non-broker-dealer affiliates. FINRA found that over a seven-year period, Morgan Stanley included positions from the accounts of non-broker-dealer affiliates in a number of aggregation units when determining each unit's net position. FINRA also found that the firm's supervisory system was not reasonably designed to detect and prevent such violations.
In concluding this settlement, Morgan Stanley neither admitted nor denied the charges, but consented to the entry of FINRA's findings.
http://www.finra.org/newsroom/2015/finra-fines-morgan-stanley-2-million-short-interest-reporting-and-short-sale-rule
Yes HJOE was on the SHO list for several months straight.
You're welcome.
1m
The Official #NewYearsDay address by Matt Veal CEO of Hangover Joe's is now available on FB! (link: https://www.facebook.com/hangoverrecovery/) facebook.com/hangoverrecove…
The letter is for shareholders and possibly those with short positions. The company stated it would be posted today. The days not over yet.
Good idea since HJOE'S shareholders profits will be massive as well.
There will be a lot of buying when HJOE trades again. Much of it will come from the purchase of shares to cover short positions who's losses will be massive.
Dec 29
#GetShorty this will twist their heads off and maybe even some others! The direction MR VEAL will speak about will take time for many to absorb but we're moving in ways many do not understand or can imagine, it will come to light #NewYearsDay address to fans and shareholders!
Hangover Joe's
Mr Veal will explain just open your mind and realize the brand has alway been disruptive and much will be explained to be absorbed we have the way back to the future for $HJOE
(fka HJOE) Twitter-http://twitter.com/TheHangoverShot
This says it all and our attitude at #HangoverJoes will define a totally new direction and Matt Veals address to shareholders and believers will be something no one sees coming but here is a clue for you all the float will reduce in by over a Billion as we take control!
Hangover Joe's 24 minutes ago