A few clarifications are in need here.
Since several of these past few day's discussions have originated from my posts, let me try to clarify a few things.
The number '50 million' was given out in a phone conversation I had with Paul as strictly a guessimate of what a SWARM equity trading license might actually go for. In no way should it be used as a number to rely upon for revenue projections. While the actual number and price of those licenses might trump $50mil by a large amount, we can not use those numbers for projections.
According to Paul, the license is perpetual and exclusive to 141 for the Futures and Derivatives market. Unless Paul clarifies otherwise, I can see why some might say this is a 'selling' of SWARM Futures and Div market vs a license. However, even if it was a 'sell', can't everyone see where the benefits of having this in one company - which Spooz will own a significant amount - benefits Spooz shareholders immensely? Spooz could either get license fees (and maybe partial profits) from multiple companies for the Futures and Divs SWARM license OR REQUIRE that all money that anyone wants to invest in SWARM Futures and Divs actually has to go through 141. Going through 141 and sending that stock soaring could in turn give a far greater benefit to us shareholders than from licensing alone since we own a 'significant' amount of 141. All this doesn't preclude the fact that the selling of the equity licenses can't happen. So we could get the best of both worlds - a license fee from multiple companies for equity trading and a increasing rate of return from the Futures and Div license to 141.
I know this is a bit convoluted but hopefully you followed my logic.
Paul said he could not release the share structure of 141 till the disclosure comes out, which will be in the next week or so. So while we know 120 million shares is ‘significant’, it probably doesn’t mean more than 50% so I think Allie’s guessimate of 40% is very close to the real number.
Hopefully this can clear up a couple questions and allow us to move on as PR's are expected soon. Let's keep the board civil and try not to comment on how 'bad' or 'good' the mods are doing. There is a fine line on what we delete and what we don't - it's not an easy job to do without getting bashed one way or the other. There are also many times where we don't delete messages but rather the admins of ihub do. We don't have control over those yet we get blamed for them. We try our best and aren't perfect.
JMHO and GLTA
ITGuy
"When we are able to put aside our differences, only then may we say we've evolved."
