HI Lora, the laws have been that way for awhile.  They said it is to protect the Investor.  But being limited in the US to just Accredited Investors is very limiting.  Here is the definition of an accredited investor in the US.

To be an accredited investor, a person must have an annual income exceeding $200,000, or $300,000 for joint income. A person is also considered an accredited investor if he has a net worth exceeding $1 million, either individually or jointly with his spouse. An entity is an accredited investor if it is a private business development company or an organization with assets exceeding $5 million.

The Reg D only allows for 34 unaccredited investors. A regulations S for International investors does not have those high restrictions which is why I am trying to raise this money via International Investors.

Can investors decide for themselves? Well, according to the analogy of the shareholders ' meeting...Was it practiced in the cryptosphere? Or does it all depend on the team?

News are awesome. If they will do it in a month, I think that there is enough time to invest while price is so low.

LOL well I will not use Bold anymore. 

And Piastr I wanted to answer you other post


I simply said that a buy back sounds like a good idea.  And definitely a way to stop bounty token owners from selling ASAP.  But before we ever decided to do that we will have to know how much we have raised.  And how much it would cost to buy back the bounties.

If we used up all the tokens allowed for bounties we would have issued 15M SANA tokens so that could be pricey if we only raised $10M and it would take a lot of the money we would need to open the clinics. 

That said, not matter if the people who have tokens because of bounties do sell all of their SANA tokens as soon as they can.  It may dip the price for a bit but I assure you that as the clinics grow and the treatment works and we produce both revenue and profits AND we start having a lot of people buying the pre paid treatment credits AND.... we pay out $.10 on every $1.00 of pre paid treatment credits sold AS A DIVIDEND to all SANA token holders ALL of those who sold their token as soon as they could to get a quick buck will be kicking themselves for not holding on to their SANA tokens.

Gary

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

Multiple Comments and Responses
RealPrMAX it is not a large American exchange.  There are no large American exchanges for security tokens.  


Valera we do not have a deal yet which is why I am not saying more.  As soon as I have a deal I will let you no.  What I am saying is that it will depend on a few answers that I need.  And of course this is going to cost about $60,000 USD.  So the faster I raise that, the faster we can get the project on one of these exchanges.  Again those who come in now will have the best at advantage once we get on the exchange.

Why?  Well for one they will automatically double the return on their investment.  If they bought it for $.10 USD per token during this pre-sale and on the exchange it will start at $.20 they are automatically doubling their investment.


Piastr treating the dogs is the number one goal. But right after that is giving our investors a great return on their investment.  So the token price will always be important.


Valera yes Bitcointalk is the largest so I hope it will support it not just by interacting with the thread but by investing.  I am counting on it.  I really would prefer to have all the investors be from the general public not large investment companies.  Again the treatment is for the general public so I really want the investments to come from the general public.

Gary

Well, it was said that they need about a month to go to one exchange. That's why I think that they have a deal already.

Will you continue to support this thread, if you will deal with that broker dealer? I mean, will you publish news and announcements here?

As for me, I think that they won't need to visit more than 1 event, because they will find all money at once. They only need to prepare very well.

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

Kira I am assuming you are talking about me answering the questions above.

First, all patients and dog owners will have to sign an Non Disclosure Agreement (NDA).  And if they ask we will tell them, the drugs and that it is a proprietary treatment and they will be bound by the NDA.

But.... think about the last time you had any treatment or surgery for that matter on yourself.  If any of your have. This is how it usually goes. They will tell you the potential dangers and such but at least for me I have never see a list of drugs or even the method they used.  I have had both back surgery and eye surgery.  And they told me about how long the surgery would be, and how long the recovery would be and what after care i would need to do.  Never was I told every drug they would be using.  The exactly surgical method and tools.  If I asked they would certainly tell me and they will be on their medical records but medical records are protected.

Or if you bring in your dog for surgery.  You don't get to go in with the dog while they are doing the surgery and see what they are using. A It is the same when we treat a dog.

So the short answer. We will tell them is if they ask and I will tell them they are bound by a NDA. The NDA will be part of the papers they sign before hand.  We will always tell them what they can expect from using our treatment and after care.

There is another reason we are very hesitant to give out all the drugs in this treatment and need to protect it with a NDA.  You all know the one drug is a chemotherapy drug.  Actually a combo of several drugs depending on the type of cancer.  The other drug, is in some place, no longer needs a prescription to get it and it can be purchase in those areas over the counter.  So if there is someone who is or their dog is, being treated by a doctor or vet with chemo and they find out what this other drug is, they could say "Hey I should try that." And they go, on their own, and buy the other drug and take the other drug at home while having the chemo in their system.  And they do this without supervision of a doctor or vet, proper dosage or strict protocol, they could literally kill themselves.  And who do you think is going to be blamed?  But if we protect our treatment, have all patients sign NDA, AND tell everyone this treatment should only be given and used under the supervision of a doctor or veterinarian, then we are legally protected and more importantly so are dogs and people.

Gary

Don't worry, they will find money for every their needs. This project is too good. It is under the radar right now, that's it.

Hi Valera sorry I am taking so long to answer your question.  I prefer to use the legal term of restricted from selling instead of frozen.

For International Investors under Regulation S, investors SANA tokens will be restricted from sell them for only 90 days.

For US investors under Regulations D,  investors SANA tokens will be restricted from selling them for 12 months.  That said, US investors are used to this.  It is the same case for investing into any private company.

THAT SAID, this is only for the initial investment. There are NO RESTRICTIONS, when someone buys them on an secondary exchange AND when we go over 2000 individual investors and we are considered a public company, there are no restrictions of when you sell.  You could buy it and 10 seconds later sell it on any exchange.

Gary

Hi prehisto,  I will answer your comments one by one.

1.  I have said over and over that WE DO NOT HAVE A NEW DRUG, we are using already FDA approved and patented drug.  One of the drugs has been on the market for over 30 year but no one has every thought of using it in combinations with chemotherapy drugs until Dr. Tsang tried it and it worked and has been working on people in China since 2009. SO there is no reasons for a Big Pharma company to rush in with stacks of money.

2.  Yes we could raise the money from institutional lenders, VC's, Angel Investors and more.  And we are talking with them as we speak.  And moving forward well.  But with all of the big money coming it, control can be lost which can turn what we want to be a treatment for the masses to become cost prohibitive for the masses.  Big investors are interested in big profits.  We are interesting is good profits and help as many dogs and people we can.

We are hoping that since this is a cancer treatment we are making affordable for dogs and people that we would give those same people a chance to become part of it.  That is why we are doing it as a STO.  Plus if you read the whitepaper or website you can see some distinct advantages of using the blockchain to help run our company.

3.  AS PER SEC APPROVAL. We are doing everything legal and according to the SEC's rules under the Securities Act of 1933 and Rule 506(c) under Regulation D for US investors and under Regulation S for International investors.  I live in the US with my wife and two kids, we have a securities attorney, we use Polymath smart contract to create the SANA security tokens and to mint them.   We had to prove to Polymath we were legal under SEC's 506(c).  How? Buy submitting to them our business plan, our Subscription Agreement and our PPM (Private Placement Memorandum).  ALL documents require to have via Rule 506(c) of the Securities Act.  I would be happy to send anyone who wants to review these.

Do you really thing I would risk going to jail by running a STO scam if I lived in the US causing me to be away from my wife and kids? NEVER Do you think Polymath would have accepted us if we could not prove we were a legal STO?

On our website, I have links to FB, LinkedIn and more that show who I am and what I have been doing for years. People who are running a scam hide who they are or put up false or vague Identities.  Besides myself, our Chief Operating Officer's LinkedIn can show exactly who he is and what he has been doing.  Same with Dr. Tsang and his CV that we have a link to on our website which shows his years of research.

Only legitimate people would give out as much information about them as we do.  

4.  And finally if you don't believe in us or think we are wrong then I encourage you to do more research on us.  

Gary

SANA token is very underrated at the moment, because nobody knows about this method of treatment. Because of this, it's price is so low. They can sell it for more money, when the world will learn their approach.

I think, they need to get enough money for at least 1 clinic. That they should stop the fundraising. Work for a while, and after that open the fundraising again.

That is, when buying tokens through a STO, does the owner have more rights and opportunities regarding ICO?