Thanks for your replies.
Two things are however to be clarified:
- PPT holders have no guarantee that business profits will be solely used to buy PPT coins back. You could envisage issuing a share certificate of the underlying company for all PPT holders and leave yourself the possibility of buying back those shares/PPT. Other solution, consider PPT holders as convertible bond holders with a detailed schedule of repayments and interest paid.
- The price of buybacks transactions. Again, a detailed repayment schedule & conditions would help
Your idea has a great potential but like most ICO it is unclear for the subscribers how they will benefit from the underlying business.
We will issue fully audited certified accounts. Once we are in full operation swing, we will then put together a time table for our buyback program. On regards to issuing share certificates or Bonds, this is an interesting topic and will be addressed at a later date.
Thanks for your comment.