Post
Topic
Board Archival
Re: [CounterParty/Colored Coins] IPO announcement. Mimex - UK bitcoin exchange
by
MrWDunne
on 18/05/2014, 22:39:01 UTC
I  gather from the content in this  thread that you have 100,000 shares total , out of which you wish to sell 15,000 shares, with the first 2400 shares going for 0.008BTC/share. Meanwhile your info on

https://angel.co/dunne-capital/fundraising

indicates that you have had $40,000 previous funding and you are trying to raise equity of $100,000.
Could  you just give a current update on the paid-up shares , reserve shares and  shares already issued for  the previous funding .

Inaccurate numbers, my fault. Raised $10,000 out of my own money. Looking to raise $40,000

So you are trying to raise $40,000 via 15000 shares at 0.008 BTC/share. The balance of 85,000 shares is in reserve (unissued) , right?  Or has any gone to some initial seed capital investors?
Correct.

Its actually ~£20,000 but angel.co doesn't give that as an option.

Potential seed investors are out there, nothing confirmed yet.