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Pastimes : KBH Applications

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From: HIA2/16/2018 3:03:52 PM
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I've been around the block with these proposed incorporations but the details are worked out.

The KBH Editorial and Marketing company will market a cryptocurrency that has a net-asset-value. Ten warrants can combine to make one cryptocurrency and that comes directly from the company. But one share of stock can convert into one warrant and one distribution right and that comes from the stockholders if they choose. The stockholders keep the distribution rights and use the warrants to make the cryptocurrency. In either case the cryptocurrency is put on a company ledger according to public serial key, private ID key, and public registration key. Then the cryptocurrency can transfer according to the company system or by going into a blockchain system like R3 and Corda.

Of course for the cryptocurrency to have a net-asset-value the investors must come-in. Because of the corporate structure that is necessary for three classes of stock, the investors in the company can be LLC's, partnerships, or corporations themselves. Of course the investors can be individuals but small investors can only go on a wait list or to a refundable deposit system.

Basically, the stockholders benefit from both the net-asset-value and the distribution right. The cryptocurrency only benefits from the net-asset-value but can be discounted from the stock value. The net-asset-value can have investment gain or loss but is anchored by being 60% Treasury securities.

Investors familiar with several KBH websites and applications could be accepted. If investors are accepted then forms relative to Rule 504 will be sent-in. And this early process is based on a refundable deposit system.
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