InvestorsHub Logo
Followers 15
Posts 3589
Boards Moderated 0
Alias Born 12/21/2009

Re: None

Friday, 05/18/2018 8:08:13 PM

Friday, May 18, 2018 8:08:13 PM

Post# of 156689
The problem with registering the Klown as a security.
As I see it anyway.

I honestly do not know if it would be considered a dividend.
Which would derive it's value from the sale of the tokens ..

Or something that has a par value similar to a stock in the sense
that it becomes massive dilution.

It is very rare for a crypto currency to be created as a security. Even more rare for it to be registered as a security for use as a utility token.

This is a major mistake with unnecessary complications to both the company and it's share holders.

I mean look at the hoops Kodak jumped through for their ICO. They could only do it as a token sale to qualified market makers.

It's a big deal. With or without the software, the company has some major problems now. Fraud being one of them, if they do not find the right answer.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TTCM News