Post
Topic
Board Announcements (Altcoins)
Re: Re: [ANN] Banx Shares - IPO/ICO - Bitcoin dividends paid monthly
by
MarkLyford
on 12/10/2014, 12:07:26 UTC
my only concern is what happens if all shares are not sold? Only 50K shares out of 2M sold so far. Also the block explorer has over 6M coins in existence?  have I missed something?

Posted From bitcointalk.org Android App

Hi there,

first of all those shares sold are not automatically updated on the website, something my dev will be doing this week.

As outlined in our prospectus we have set %% budgets for each operation and those percentages will be spent on each business as money comes in, so we don't need to be fully funded to start turning profits.

And rest assured I wont stop until we are fully funded.

If you read this it will explain fully the split of shares: http://banxcapital.s3.amazonaws.com/Banx_Capital_Prospectus.pdf

Best regards

Mark