I have been getting a lot of PM's and emails asking where the revisions in the IPO reside.
Basically, Instead of this being a 1 phase IPO it is now a 2 phase. This is to allow for growth of the initial startup.
Originally I had planed to distribute 250,000 shares @ 0.0001 BTC for a market cap of 25 BTC.
That would be more than enough to show proof of concept and get things going. But left no room for growth.
The second phase of this IPO will allow for the growth of the established Klyemax Studios. Allowing it expand rapidly.
250000 phase 2 shares will be sold on havelock (or another reputable trade platform) at a price of .001 BTC.
In addition to this, Initial investors shares (phase 1) will be held in as 10x their initial share count as phase 2 shares.
Hopefully this clarifies some questions.
Feel free to PM or email me if you have further questions.
Cheers,
Kyle.T
So there will be 2.5 Million Phase 1 shares, then? And 250,000 Phase 2 shares? This means that Phase 1 Investors will have their stake diluted by 10% if I'm reading it correctly.
And how far along are you with Havelock's application process?
Not an investor, just wondering out loud-