Quote from: Brandon Cheliak on December 13, 2017, 03:22:55 PM

Quote from: skewerrichesse on December 13, 2017, 09:37:43 AM

Guys, what do you think about the ICO? do you think the minimum cap will be reached?

What "ICO"? Are you sure you have the right thread? This is the DNotes thread, and DNotes is doing a Regulation A+ Mini IPO. Here is the DNotes CEO's most recent comments on the matter, which you would have found if you took the time to look back a couple pages into our discussion.

Quote from: Dyna on December 07, 2017, 03:03:41 PM

We have finalized our selection for a law firm to assist and guide us in our funding endeavor utilizing Reg. A+ Mini IPO under Title IV Tier 2. This will enable DNotes Global, Inc. to be legally qualified under SEC rules to raise up to $50 million from accredited and non-accredited investors. Under Reg A+ Tier 2, we can conduct general solicitation and worldwide marketing and not required to file state registration. Together with the launching of DNotes 2.0, this will be a game-changer for DNotes. I strongly urge our community read up on Reg. A+ mini IPO and watch some of Laura Anthony's Youtube videos on that subject. She is our lead legal counsel: https://www.youtube.com/watch?v=Re1I9uVX9qs

To clarify, DNotes Global, Inc. is planning a mini IPO not an ICO. To do that we must file a registration statement with the SEC and be qualified under Reg. A+ mini IOP Title IV Tier 2, before we can accept any money.

However, it can be marketed globally, prior to that, to accredited and non-accredited investors with a 10% limit on the investors annual income or net worth whichever is greater. The maximum we can raise over a twelve-month period is $50 million. It can be repeated every twelve months. We have not decided on a minimum cap. Given the state of ICOs, DNotes Global mini IPO could be perfectly timed and very popular.

It allows investors to participate in the future of money by owning DNotes and some corporate shares DNotes Global, Inc. They are both tradeable (in the case of DNotes Global once setup to trade in the secondary market OTCQX) Furthermore, it has always been our plan to have a full blown traditional IPO one day because of a rapid growth path of global scale as charted on our roadmap.

As far as I know, no one else is packaging a fully integrated ecosystem in support of their coin. This has been our path since day one. And we always want to be following existing rules and regulations, though I think they are often too burdensome.

I wish ICOs can be structured and conducted in manners that meet existing security laws, either through registration or exemption. Without significant changes to existing laws, it is simply not possible.

SEC Chairman Jay Clayton just made this statement: Investors should understand that to date no initial coin offerings have been registered with the SEC. https://www.crowdfundinsider.com/2017/12/125792-sec-chairman-jay-clayton-issues-statement-initial-coin-offerings-cryptocurrencies/

In the same article, he added, Specifically, we concluded that the token offering represented an investment of money in a common enterprise with a reasonable expectation of profits to be derived from the entrepreneurial or managerial efforts of others.

Since it is illegal to sell securities that are not registered or exempt with the SEC this confirmation from the SEC Chairman is very troubling.
We are working very hard to assemble a professional team of software developers, entrepreneurs, and others that share our vision and mindset. All these are keeping me extremely busy.