Quote from: MoonLite Project ICO on January 30, 2018, 07:32:31 AM

Good day everybody, thank you for your overwhelming support. I will attempt to answer all questions here:

@laurenB7742 - I am not at liberty to talk about another project which I am not familiar with. 15% is a relatively small percentage anyway you look at it. we have pegged profit distribution to token holders at 35% as we also have an aggressive expansion policy and we feel that this is the best ratio that allows for generosity and expansion to run hand-in-hand. it may also be worthwhile comparing capacity and expected output. 50% of a smaller project may be less than 35% of a larger project. lastly, we allow our token holders to vote on this ratio 4 monthly.

also, does this mining operation have a 12 year fixed base price for their energy?? Wink

@jtalk - we have attracted more than $5m worth of investment at our top bonus tier which would otherwise have been forfeited. this was the plan all along. some ico's offer much more than that too. from 1 February, we reduce all bonuses to 50%, irrespective of size.

@paulmaritz - as seen in my previous post, the 2 companies (for this project) are in registration in their respective jurisdictions. you are welcome to email me at eric@moonlite.io to request any information of this sort, as it is sensitive info and should not be broadcast in a public setting - however we are willing to provide this info on a case by case basis to interested parties. I own interests in a company names EMK Capital - is non party to this project, and is not related in any way to the company you speak of.

we are really blown away with the support received for our project. phase 1 has had a terrific response, and the final numbers for this phase will be released in a press release, as well as via this thread, social media, and email newsletter (sign up on www.moonlite.io)

Personally I am not convinced. You want the public's money, but feel the need to keep vital information out of the public sphere. Best of luck to those who buy into this project. They will have little to fall back on if you decide to run away with their money.