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