Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Pink: Escort startup Series A share sale
by
bradpink
on 29/10/2017, 22:45:18 UTC
Quote
1. There are no tokens involved. Pink is only selling shares, not coin/tokens.

SEC will go hard on you......no exchange is going to touch you thats for sure

People investing in this shit can say bye bye to their money

Best of all they have no company and are hiding but will start an IPO LOL

Quote
In January, after the successful launch, we will do a full Blockchain IPO, raising $50 million at $10/token-share. At IPO, Series A investors can, at their election, participate in a stock buyback program of up to 20% of their shares (an instant 200% ROI).

from wiki

Quote
Initial public offering (IPO) or stock market launch is a type of public offering in which shares of a company usually are sold to institutional investors[1] that in turn, sell to the general public, on a securities exchange, for the first time.

The SEC opinion on ICOs is what made us 100% certain this was the right path. We can choose to be legal and deliver no value to investors (ICOs taking donations, trying to pretend its a utility - shit like this). But no, we choose to do right by investors.

Our company is an extrajurisdictional company. EJCs do not register with central authorities like the SEC or U.S. Government in general.

I do not see how we are not doing an IPO, even by your definition. We will trade on distributed exchanges at a minimum. You cannot have it both ways: On one hand it is a security so it needs to be prosecuted, but on the other it is not real so it cannot be an IPO. And since the SEC views it as a security, we do to. And selling our shares to the public on an exchange, even if distributed, is what it means to go public.