Post
Topic
Board Announcements (Altcoins)
Re: [ANN] HydroMining | Green Mining, environmentally friendly and profitable
by
tyz
on 28/11/2017, 16:48:44 UTC
"KAPITAL
EUR 35.000"

Huh
This is gonna be good.

This is normal in Austria... 35k€, 17,5k€ at the date of sinature. 17,5k€ within 10 years...

My point is, this 'company' did an ICO worth millions. And this is HM's asset amount? Ha.

This is the required minimum share capital to found a Austrian GmbH (Limited Liability Company). Unfortunately, there is no English wikipedia article but you can try to read the Google translated German article what explains it very well.

The 35k has nothing to do with the money from the ICO. They also could have founded a British Limited with $1 share capital instead.