Re: Mycelium's "crowdsale": basically a donation, not an investment by any means
why the two jurisdictions?
Because we live in the world that we live in, where the answer to this is always "for legal and tax purposes." We used to be registered in Austria, but moved to Cyprus for those reasons.
These are legally SAR contracts and give you all the same rights. It's a contract granting you ownership of a portion of the company, and any growth therein. And why would Mycelium register with the SEC when it's not a US company?
To sell securities to US nationals. It's teh law
We're not selling securities. And please do not break the law by buying these if it's illegal where you live.
You're a US citizen, right? Where's your company based/registered at?
For now yes. It's not my company, I am technically just a contractor. It's registered in Cyprus, with the Wallet division registered in Latvia.
P.S. How are these "tokens" "legally SAR contracts"? In what jurisdiction? Do you know what SARs are?
When you buy them, you have to agree to and sign a contract with the company. The token is just an easy way to prove ownership. The jurisdiction may be listed in the contract, but considering we only ask for proof of ownership of the toke, and don't have any way of knowing where you are, jurisdiction doesn't matter for us. We'll honor it just based on honoring contracts being the ethical thing to do (AnCaps, remember?). Since this is a legal contract, most jurisdictions should be able to honor them too, but you'll have to check with your lawyer. Yes, we know what SARs are.