answer #2 is above you too
THE FUND will raise capital by issuing 610 shares of stock. 500 shares will be offered to the public at a price of 1 bitcoin each. 110 shares will be distributed to the officers of THE FUND. The shares withheld for the officers of THE FUND are identical to the shares offered to the public and convey the same rights as to any owner of the shares. THE FUND reserves the right to issue further stock to raise additional capital for THE INVESTMENT. Should THE FUND issue stock in this manner it will maintain the ratio of shares offered to the public and shares withheld for its officers.