Assuming the Bonus plan is passed, a total of 816061 SuperNET (UNITY)
Where did you get 816061? Shouldn't it be the TOKEN sold (571243) + 10%?
Yeah, a more detailed explanation is needed. I was not expecting that much total UNITY even after the bonus conditions are met. That's way more than the 20% max dilution previously proposed.
20% is held by SuperNET itself so it is not dilutive. 10% of that is for the bonus and 10% for working capital
This is why it is called NAV (net asset value), for adjustments like this.
just think of it this way. if UNITY value goes up, SuperNET holds 20% of UNITY, so the 20% dilution caused by this is offset by the 20% gain.
James
Can your or someone explain why SuperNET is going to be holding 10%? You say this amount is not dilutive and should not be considered when calculating value per UNITY, but that only makes sense if it will always be held by SuperNET - and if that is the case, I don't understand the purpose for it to exist in the first place. You say working capital as if it will be sold when needed.