Quote from: garyn on October 09, 2019, 03:11:52 PM

Multiple Comments and Responses

Quote from: Zonton on October 09, 2019, 08:24:11 AM

Does this mean that funds will be blocked for some time immediately after sales?

Hi Zonton, if you buy them during the STO. Then for International Investors there is a 90 day hold and for US investors there is a 12 months. But as I have said many times, you should hold them for much longer or at least hold have and if there is a profit sell the other half. BUT. I would not sell the other half, until my profit on selling that half would be more than my initial investment.

Zonton, if you end up buying them on the secondary market via a security token exchange then there is NO holding period and you can buy and sell anything you want.

Quote from: serantepe on October 09, 2019, 01:16:11 PM

The KYC verification is necessary if I want to participate in STO?

In order to sign onto Sphinx you need to do a KYC and AML with them. Then you can invest in any of their projects without doing another KYC. But yes for a STO you much do a KYC and AML verification. That said if you are waiting for us to be on Sphinx but could invest now, I would recommend investing now and I can do it all for you. This way you are assured to get in at the $0.10 per token price. It may not be at that price once we go on Sphinx. It may go up to the Main Sale price of $0.20 per token

Quote from: Nevsky on October 09, 2019, 02:28:27 PM

Wow! This fundamentally changes the whole thing. In this case, Adsana can get a lot of investor and collect the necessary money. I'm glad for you Gary. Are broker services very expensive?

Total cost to get on the Jamaican Security Token Exchange is $40,000 is fees and $20,000 in legal fees for that jurisdiction.

[/quote] I do not know what market prices for such services, but I will say that it is very expensive. I wish you that your expenses will quickly pay off in the future business and further receive a net profit.