United American Corp. (UAMA)

[fromtheuk]

Yes... IF...... it goes ahead, and they sell enough coins

I knew zero about ICOs / blockchains etc a few weeks ago.. read quite a bit over the last few weeks. The process runs something like this

Coins are created, (done. 10,000,000 sitting ready to go)
Targets are set for the offering including the minimum (500,000) in our case.. (decided , but not formal yet)
Pre ICO, in which the minimum is nearly always reached
Actual ICO.. in stages with various discounts.. every one i looked at makes 20+ million, but hard to compare.. (fingers crossed on this one i guess)

After the ICO, i think the coins can still be sold, but I dont know what the rules are.

Still a LOT unknown, but considering we are getting this info from a site not even released yet, i think we are doing pretty well.