Hey James,
Is the plan to distribute future revenues to the supernet holders by paying dividends through the NXT asset exchange?
if so, instead of distributing the future revenue as dividends to Supernet holders, have you thought about providing a buy support on the exchange instead?
This would really help interms of avoiding supernet being classified as 'securities'.
As per the Securities and Exchange Act of 1934 , "The term 'security' means any note, stock, treasury stock, bond, debenture, certificate of interest or participation in any profit-sharing agreement".
So instead of paying dividends, if instead a buy support on the exchange was used, then that would help everyone to step around the definition of securities with respect to Supernet.
Curious to hear your thoughts on this?