Quote from: seedcoin on November 05, 2014, 06:36:12 PM

Quote from: Germican on November 05, 2014, 06:26:27 PM

Quote from: seedcoin on November 05, 2014, 06:20:32 PM

There is no 'value' for SF1 to be seen here other than the price of the last seller's price.

But wasn't the value the equity in the start ups? Per the prospectus in the event of a buy out of a start up company the unit holders will be compensated pro-rata. That's where I find the value in the shares. The price on Havelock had no bearing on that and that is where I developed my value for the shares.

'pro-rata of their unit holdings' refers to how many units of SF1 holders may hold, in this case this is a buy back not a single startup private acquisition by a VC fund for example.

re. the question about the investor eligibility to convert shares, please contact us at info@seedco.in as this is a conversation we would like to follow up on a case by case basis, and for which we need more information from you, thank you.

I will send an email about asking. However i was just meaning that the value of my shares were done in terms of the chance of a company being acquired not that I expect the buy back to follow that term. I personally do not agree with the buy back price but as long as I can convert I personally will be happy while I feel bad for others that can't.

Edit: email sent