Maybe app questions have slowed to ensure more people can cash out once BigToken is buying the BigTokens for .015 per share from SRAX/Other Holders of record at the fixed cost.
If 8M people cashed out per week....Thats 8B coins eaten through a week.
I am not going anywhere, I paid my "token" for this space ride and plan to ride this one to the moon and beyond.
There's still a missing link for me: how do they sell BigT tokens to the general public, then, if its linked to the share structure but not part of the S-1? Maybe phase 1 is only BigT, itself, purchases and gets the ecosystem going. And then later issues a new S-1 and/or a new tracking share like SRAX did a few years ago.
There are several missing pieces here.
Chad brings up some interesting information on his experience with the app.
I am of the opinion that while SRAX is working through those issues, that the team working on this, has the knowledge to pull the different parts together.
This is not a typical mom and pop that we find in OTC land. They know that they are going to have to offer far more than the $15 to retain users.
They likely also have a game plan on how the tokens get into the general public's hand. Otherwise, the whole model would fall apart.
My experience an intuition is why I purchased and held the stock. The ONLY reason I am holding without ALL the facts is, we have a professional management team in place with the bios to show they have a track record.
As for SRAX buying up tokens. I do not believe SRAX would take any path that would have the illusion of placing them at risk of with the SEC. IMO buying tokens here would create that possibility. I could be wrong, but I don’t see them buying tokens just yet.