Zevtiefenbach,
Thank you for voicing your opinion, I sincerely appreciate that.
Your concern in regards to our valuation is your rightful opinion, and I will not touch base on that. However I will note that 40% of Mintspare's profits will be directed to 20% of public shares until all shares have been paid out 0.005 BTC each.
Our prospectus was created over a long drawn out process that took many months of thoughtful consideration. We've made a best effort to provide as accurate information as possible. We ultimately made a mistake that reduced our expenses in the first month of our IPO. Taking into account the scope of our operation, and the length of our IPO prospectus, we hope that the community can understand us making a single mistake that ultimately is used to take better care of investors' funds (there is no need to spend the amount stated in our first month when we haven't yet launched). We've previously stated that the expected launch date of our beta was in February.