Replies to post #27206 on Eco-Tek Group Inc (ETEK)

[MadBrewer]

Hey Wick,.."Bitcoin Investor Explains Why Tokenized Stocks Are A Big Deal...Outside America".

To sum it in 2 ways;
it allows investors to invest in certain US securities on the US market that my not be accessible in their country/brokerage account;
"In many countries, investors don’t have easy access to U.S. securities markets or, if they do, it is a costly proposition".

SS stays the same, your shares stay the same, there's NO conversions of shares to token nor, tokens to shares.

The "tokens" are just another vehicle for foreign investors access to U.S. securities markets/our coming companies that they may not have access to or "it is a costly proposition."

In other words, for us that do own shares,
it doesn't change what we have.

https://www.forbes.com/sites/javierpaz/2021/05/11/the-future-of-tokenized-stockswhat-they-can-replace-and-what-to-watch-out-for/?sh=47570257275e

I for one find it interesting that they are doing this.
Who are they REALLY after,...;-)

Cheers

[hondobud]

I read the token articles. What I found relevant to us: 1. The tokens are not connected to the shares. 2. Tokens are an easy way to raise needed cash outside SEC regulations. My assumptions: 3. Tokens would spread the risk / reward among many more investors. 4. Because tokens trade 24/7 our share PPS probably would eventually follow the token's performance? On Twitter the Emergent spokesperson said "First the company has to remove shell status, perform an audit, then file a 10Q, then it can apply to have a ticker change. It takes a LONG time to apply for a ticker change." Except for the ticker, all these things would have to be done before any registration of financing through a share sale, IMO. And because they are reducing the A/S, it limits financing thru share sales anyways. Also, from twitter last week- (paraphrased) "There is a plan to use the "NUG" but no plan to use the "ECO" yet, the incoming co. would have to decide what they want to do with it". So, I assume N*GN / NUG will be kept but ETEK could still do a ticker change with or w/o the "ECO". Hope I got that all right, GLTA HB