In many cases, a shareholders ' meeting with real people is just a tribute to tradition. Vote counting and decision-making can be done electronically.

That's very true, the team must really think about this problem
if the investors get too much profit
certainly from the other side will get a pretty big loss too

Maybe you are right. In long distance higher % of dividends will be more profitable, than right of vote. Most of regular investors, I'm sure, won't use this right at all.

As far as I understood, they won't use any exchange in order to conduct their STO. They will do it by them own. When project uses any exchange to offer their token in a period of fundraising, it is called IEO.

I like these questions because it allows me to repeats something VERY IMPORTANT.  When you are talking about previous ICO's where after they close and get on exchanges people dump their tokens and the price goes way way down.

You are comparing apples to oranges.  Without insulting any past projects WE ARE NOT a ICO that has hyped the heck out of a project that still does not even have a viable blockchain application.  I remember reading about a ICO that raised $125 Million dollars and they said in their White Paper that their app would not even be done till 2024.  Who would invest in a project like that.  By 2024 most likely their application will be obsolete and worthless.

Also while everyone else was dumping those tokens so were the Founders of those ICO's.

WE ARE a security token.  We are NOT a blockchain based application or project.  We are using blockchain to make it more convenient to pay and book.  We are using Blockchain to store treatment data for research but we are NOT dependent on it.  We are using it because it will IMPROVE out efficiency. 

WE ARE a company that, at first, is opening treatment facilities, in the US, for dogs with cancer and we will be treating them with our proprietary treatment.  Any industry related to dogs the US is booming.  Over $17 billion was spent in 2017 on Vet Care in the US and over $69 Billion on Pets in the US.

Check out this data.



That should tell you how booming of a industry is pets and dogs in the US. 

If you want to see what might happen with our security tokens you need to look at IPO's.  Companies that went public in the US.  Then you will see a model that after the IPO ends then the price a majority of the time goes up but some dip a bit in price but then they price will be judged by the actual revenues and profits.  Then you would see how great of a deal it was for those investors who were lucky enough to get in on a IPO.

You cannot view what the price of our Security Tokens will do compared to what hyped up ICO's did in the past.

First we will offer to buy the bounties if we can.  Second none of the founder and principles of the company will be allow to sell their tokens for at least 12 months.  Nor can any like US Institutional Investors.  That is a SEC law.

I hope that helps to explain it.

Gary

So, you want to place tokens not on crypto-exchanges, but on large American exchanges? Or did I misunderstand? If so, it would be a very big breakthrough.

Everyone, is restricted from selling.  90 days for International Reg S.  But I believe we could buy them back from the Bountys.


And yes Kira  I will let everyone know as soon as I can.

Gary

Multiple Comments and Response


Kira I really like this idea.  I would love for the bounty hunters to understand that it can be more profitable for them to hold on but there is a strong likelyhood that as soon as the tokens are sellable on a exchange most will sell immediately. If we buy back the bounty that would help to not have a massive selling and it will support the price.


That is correct, Kiriya.  Not a crypto exchange.  A real government run, government regulated security token exchange.

Gary

Kiriya,  this are not companies that start online exchanges.  These are government run exchange that trade stocks and tokens.  Similar to to the London Stock Exchange and the Frankfurt Stock Exchanges.  This have licensed broker dealers and strict requirements and rules to follow.  Rules you just don't break.  That is why investors go to these because buying through these types of exchanges give added protection.

We are talking about two different exchanges in two different countries. With first one we could be ready within a month and the exchange is already taking Security Tokens.  The second one, won't have their exchange up and running till the beginning of next year but we are trying to see if one of the broker dealers would start working with us now.

That are some distinct advantages that I cannot say right now for the second country.  But if the broker dealer does not want to work with us until the exchange is up I do not want to wait till next year to start working with a broker dealer.

Gary

Well that will a shame and their loss if they wait for Institutional Investors because if we get all the money from the Institutional
Investor, the STO will be closed and people from the forum will not even be able to get in on the low STO prices.

AND you also said above that they will wait till they can buy them in the exchanges then I can guarantee you by then the price of the SANA tokens will be much higher.  And they will pay a lot more for the tokens.  Then when buy theses SANA tokens at an exchange, they will all be saying "I wish I had a chance to have bought into this at a lower price".  

Well the do.  Now!  They won't later.  

And if you are betting that they will sink in value like all the others after the offering.  Those other ICO's whose value bottomed after the ICO, most only had a MVP and need the money to create the product.  We have the treatment, it has been used since 2009, and as soon as we open a Canine Cancer Center we will have patients.  With all the press that we will be issuing, and the good results for our patients, our SANA price will not bottom out like all the rest.  It will react more like a stock does on a stock exchange based on Supply and Demand, Profits, our story and the market, being treating cancer patients

But I cannot force anyone to invest now.  I can only show them the opportunity they have now.

Gary

Good model, by the way. It stops bounty hunters and other token holders from selling tokens quickly, right after the end of sales, when token is getting listed on any exchange.

You are correct.  They are not Dr. Tsang's clinics. They are actually state run hospitals where Dr. Tsang has trained a doctor to give the treatment. 

Yeap, I have same thoughts. I'm interested how will they solve this problem in case it is a problem.

as you can see in the spreadsheet, the 1st year there will be -$2mln, so the softcap should be about $2,5mln. But, I'm not sure.

I think application development can go hand in hand with fundraising. Moreover, you have clinics that are already working and when the application is ready, it can be immediately used by clients of clinics.