Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Equibit - A Peer-to-Peer Electronic Equity System - ICO February 1, 2017
by
Authoritai
on 18/01/2017, 21:57:41 UTC
Ok, not trying to FUD but this worries me: http://equibit.org/post/investor-opportunity/

So you were offering 200.000 preferred shares for USD $0.50 each to be redeemed for an equivalent number of the pre-mined units.

Care to elaborate what happened?

Hi, Lisa from Vanbex here.
Regarding your question, that was the very first offering they made which was in 2015 and closed successfully after 30 days. A single investor bought the whole thing and they took common shares instead. Details about that funding round were published here: http://coinjournal.net/equibit-development-corp-close-funding-round/

Hey Lisa,

Thanks a lot for your reply, it puts me at ease, I'm trying to do the due dilligence with this project.

Best,

Hey, it was a good question and I completely understand. We want people to make informed decisions and I'm happy to help