Bitcoin Forum

Economy => Securities => Topic started by: BitHub on July 13, 2013, 04:25:58 PM



Title: Where's your IPO?
Post by: BitHub on July 13, 2013, 04:25:58 PM
Hello is anyone working on some pre ipo's, can we talk about it? What have been been some of the challenges you've faced so far and what are you working on at the moment? Can we check it out, discuss it or have a look? Thanks.


Title: Re: Where's your IPO?
Post by: BadBitcoin (James Sutton) on July 13, 2013, 04:32:18 PM
Hello is anyone working on some pre ipo's, can we talk about it? What have been been some of the challenges you've faced so far and what are you working on at the moment? Can we check it out, discuss it or have a look? Thanks.

technically every bitcoin "IPO" is violating securities laws, since no bitcoin exchange is federally regulated by any nation.

That said, forming the right corporation to make sure you don't step on any legal toes can be pretty in-depth and expensive, if you're just looking on making a rinky dink mining bond or whatnot you may be able to get away without any of this, otherwise I would advise against the naive approach.

If your trying to go the legal route then fire me off a pm, me and my partner are knee deep in the legal trenches, we do see a light at the end of the tunnel but its alot of work.


Title: Re: Where's your IPO?
Post by: BitHub on July 13, 2013, 04:39:23 PM
Yeah i think you're right it all starts with setting up the company which can get very creative and juicy. I guess i use the term "IPO" loosely.


Title: Re: Where's your IPO?
Post by: BadBitcoin (James Sutton) on July 13, 2013, 10:49:50 PM
Yeah i think you're right it all starts with setting up the company which can get very creative and juicy. I guess i use the term "IPO" loosely.

yeah, I call it "listing", as there's no legal connotations associated with that, setting up a standard corporation for a bitcoin business isn't all that hard, however dealing with tax will involve a lawyer, I recommend marco santori (http://nmllplaw.com/marco-a-santori/), he's working with my company on what we're developing and he's a great lawyer.