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Thursday, November 30, 2017 9:25:10 AM
we do have less 550M Float and so far i remember less 200M Convertible Notes via Accredit Investors ( will look again in to the financial docs)
But by just assuming its 1B, it would be equal to 10/1, or for 10 Common and notes, 1 Crypto token would be issued.. Or everyone that is holding 1M shares, will get 100K tokes, by an assumed average sellprice of 30 Cent, one would get worth 30K$ tokens and that for free..
This is how i understand it, how things going to be happen in Reality, we need to see it first.
100 million will be distributed to our 1,500+ common shareholders and convertible promissory noteholders during the period of the Cryptotoken sales,
If all 500,000,000 KLKs were to be sold to achieve the funding goal, the average price of each KLK sold would be 30 cents. But if our funding goal is achieved with the sale of fewer than 500,000,000 KLKs, then the average price per KLK would be higher than 30 cents.
At some point after the first offering, the distributed KLKs may become traded on one or more of the various cryptomarkets. At that point cryptomarket activity will determine the value and liquidity of KLK cryptotokens
All imo and in my hope, no guarantee that anything that i post/ write will happen! Do your own DD!
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