Wiser, thank you for helping us to think through this. The Mini-IPO will only be selling up to 10,000,000 DNotes Global, Incs. shares at a fixed price of $5 per share, allowing us to raise up to $50 million using Reg. A+ Mini-IPO Title IV Tier 2. No money can be accepted until our registration filing is qualified by the SEC. It is a long and expensive process but far less costly and burdensome than the traditional IPO. We expect it to take six months at a cost of $500,000.
We have no intension of selling the DNotes any time soon. There are many reasons for the ownership. Strategically, it gives DNotes Global strong self-interest to make DNotes an immense success. Because of that it creates shareholder value for DNotes Global and stakeholder value for DNotes. And since DNotes own 25% of DNotes Global (subject to dilution) a more valuable DNotes Global also makes DNotes the digital currency more valuable with more intrinsic value in support of it.
The business models that we have been building are simply amazing. They are viable for our industry to follow one day, though not easy to replicate.
The whole DNotes model is extremely complex in many respects. As we attempt to merge the old world of centralized control with the leaderless decentralized new world there are many challenges we seek to overcome. We intent to be as transparent as possible and trust that we all can learn together.
Its going to be a very busy day for me. I will check in when I have a chance. Have a wonderful day.
I'm assuming here that there is a difference between 10,000,000 DNotes Global shares and 10,000,000 DNotes (the coin). The shares would essentially be created similarly to any other company stock once your registration filing is qualified by SEC, or are they also on a block chain? The 10,000,000 DNotes
Coins you plan to keep indefinitely.
If DNotes, the coin, owns 25% of DNotes Global how will that ownership be demonstrated? Are there shares that will automatically show up in your wallet based on how many DNotes you have, or do the coins themselves represent a type of share as well?
I think I'm mentally falling over the logistics...
I will be gone most of the day.
Just a brief response. DNotes is a C corporation. All its authorized and issued shares are common stock shares just like that of Google or IBM. Blockchain is still an experiment, so we do not plan to have the shares on the blockchain any time soon.
DNotes, on the other hand, are sometimes labeled as crypto-shares of a Decentralized Autonomous Organization (DAO). The 25% (subject to dilution) will most likely be held in a trust for the benefits of all DNotes stakeholders. We are still working with our Attorney to determine the best option. This ownership will remain the same with no planned distribution. It is meant to provide DNotes currency with some intrinsic value. In an efficient market, the value of this ownership will be reflected in the market price of DNotes. It should have a positive impact on DNotes price stability, essential in mass adoption of DNotes in Global commerce.