Friday, March 16, 2018 9:24:43 AM
Budbo currently has a blockchain in development. That the market deemed valuable enough to back it by purchasing 35-40 million USD worth of tokens which have no value other than interaction on its blockchain.
Budbo currently holds the other 50% of coins worth (35-40) million USD they can then sell into the market to further develop it's product in development. You don't own ANY budbo (the company). But it's currencies market cap is currently worth an estimated 75 million USD.
Anyone get the point?
$TXTM and the whole Phyto-coin company is valued at under 4 million USD. Buying TXTM here gives you the company that will be producing / selling tokens into the market for others to buy!! What will $TXTM market cap look like once people realize you can own a piece of the company itself and not just the product being released?
Every Phytocoin sold will be backed by CBD that $TXTM produces. Cash received from Phytocoin sales are going to be used to expand production at a 0 % interest rate... While other companies in the sector are doing these large bought financing deals creating significant dilution to their shareholders... TXTM can issue coins, receive revenue, and use the stocks of CBD for research / sales purposes as they will likely have a % reserve for CBD redemptions and most can be booked as a liability. One which they have to satisfy in it's own product!
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