Josh, in the latest cloud miner interview (with the other Scott), you mentioned talking to the SEC about compliance.
When I have brought this issue up before in email, you did not mention this step. One might assume that you too are concerned that you might be running an unregistered security and are attempting to make it legal.
That's great if so! More power to you.
However, to pretend that you are not running an unregistered security does not inspire trust. If you are attempting to become compliant to SEC regulations, then say so. No shame in that.