Perhaps I missed what exchanges plan to add the project token? Maybe it makes sense to conduct IEO? Or is it against some rules?
Was said, that team has negotiations with several top 10 exchanges that are able to list security tokens. There were no information what exact exchanges they are talking with.
That is, IEO is likely to be? It would be great to have it at Binance. I dont know how difficult it is to do it. But there would be a lot of investors.
Binance is the most interesting exchange at the moment, right. But, the team hasn't enough money for Binance at the moment. Maybe, after they find that money.
You can try to take several stage to raise money. When there is the necessary amount to organize IEO to collect the remaining amount of money.
Got you. And these gaps, as I understand it, are needed to balance the price? That is, between stages so that the price recovers?
I think, they need to get enough money for at least 1 clinic. That they should stop the fundraising. Work for a while, and after that open the fundraising again.
Do you think they will not be able to raise enough funds? After all, the problem is really relevant and significant, there are many caring people who want to help.
They can. But we are talking about another way of token sale, when it is devided to several stages with big period of time between them.
For example, now token's price is $0.1, it will be $0.2 on main sale. But, what if not to sale all tokens with this price? What if they will open a new stage of sales in a year with price about $1.
This is a fascinating conversation going on in this post and its response. Let me try and answer all of them.
I like the idea of raising enough money and then stop fundraising, and work the clinics as suggested above but not with just one clinic. I have mentioned before if I could raise at least $10 Million, I would stop the fundraising and open about 5 to 7 clinics for dogs and a few clinics for people in the Caribbean.
Then say in a year or so, we launch the main sale and instead of at $.20 the price could be significantly higher. And what else would happen is the demand for the SANA token will be much higher. And your SANA tokens will be worth a lot more. And we will also be on exchanges by then.
But this means that IF we are holding the Main Sale and the SANA tokens owners from the pre-sale have the ability to sells their SANA tokens that if SANA token holders want to sell their SANA tokens they will be in directly competition with our delayed main sale.
But here is another concept. One I like even better. If we raise the $10 million and we can open us the 5 to 7 clinics for dogs and a few clinics for people in the Caribbean, the we just STOP the fundraising completely. We do not have a main sale. And we just put all remaining unsold SANA tokens in the companies treasury. And we grow slower but steady opening new clinics when we can.
We then run the clinics, use part of the profits to open more, use part of the profits to pay out dividends and let the SANA token holders trade on the Exchanges.
This has two very big benefits1. There are less SANA token holders so every token gets more of the dividends paid out.
2. The supply is much lower and so the demand is much higher and the price of the SANA token goes up.
But to do that we need to raise the $10 Million. And to do that we need to push this STO every where and I need to get to as many events as I can.
Gary
If you will put all tokens that you wanted to sell on main sale to the treasury, what will happen to them?