ohh and BTW Mr. runatthemouth an PIO is a Private Investment Opportunity. Very different thing than an IPO
But you just said:
4. Yes, it's called an ICO/PIO.
Are you saying there's a significant difference between an IPO and an ICO?
Yes they are very different. With an IPO you actually own a piece of the company. Read a basic investing book man.
Read what your own company is doing.
Do I understand right that banx coins are actually banx shares of company?
yes banx shares are a share in the Banx capital company
So, according to your definition of IPO combined with Mark's definition of BanxShares, it's an IPO. But you also said it's an ICO/PIO, and that it's completely different from an IPO. But it pays dividends; it's an unregistered security.
You're selling SHARES. Have you read the name of the thing you're selling? BanxSHARES.
And ICO is either an Initial Coin Offering - which is the same as an IPO - or it's an Initial Crowdfunding Offering. Either way, it can't be a Private Investment, since a Crowd is not Private.
So you either don't know what you're talking about, or you're a liar. Which is it?