Post
Topic
Board Announcements (Altcoins)
Re: [UDC] Unified Digital Currency - A Digital Currency for Unifying Global Commerce
by
UDC
on 25/11/2016, 01:48:07 UTC
So sounds like you are going to be offering stock for a company that doesn't exactly exist yet, so I am assuming this will be far before the stock is actually on any public exchange, how will you issue your stock, how will we verify it and are you willing to go through all the legal loopholes of the SEC to be able to issue this stock (even before public) as you will need to before any stock is issued.

Here you guys go if you want to check it out, https://www.sec.gov/info/smallbus/qasbsec.htm#capital

Not many businesses do this and it sounds like a foolish way to offer investment for start up money instead of an ICO which doesn't need the SEC to verify and regulate you, as it seems it would essentially be a public offering but not on the exchange and that is going to be tough to try and get the SEC to allow that.

Hmm guess i missed your response, i kept checking "show new replies to your posts" these last days but nothing appeared.

Anyway, i wasn't speaking about stock but rather private equity. Also the problem you present is US-centric and wouldn't be a problem by the time we officially incorporated into the US, specially if dealing with an accredited investor which doesn't require SEC verification.
In Europe (not only within the EU) things are a bit easier when trading parts/shares/equity of a private company or expanding its capital (again, i wasn't talking about turning it into a publicly traded company), since it doesn't involve the countries' SEC equivalents.