This project was announced a month ago and only then did I know of the existence... Your goal is interesting, but what if the price after ICO falls? Will this minimum amount be maintained? I'll read more about this project later, good luck.
Is true, we moved fast, and because of that we will host the ICO longer than most since word of mouth is definitely needed with any project, already working on the new White Paper, but I'll take the time to answer your question. Excerpt from White Paper Only $500,000 USD will get the company needed funds to commence drilling on two wells, sufficient to generate enough profits and
allow the company to open more wells for production.
Obviously, if only $500,000 is raised less shareholder will have their hands in Tomahawk Exploration LLC, that's not to say that we are not allowed to have the ICO opened until we reach a decent goal, but nevertheless, more equity owners less profits spread among the group.
Tomahawk Exploration LLC can make money as low as $20 per bbl , so how can we sit by and let events out of our control dictate our business future. Oil demand is increasing World Wide with the 2,000,000 bbls a day surplus being narrowed every year by a combination of our peak being reached and with China and India continuing their growth. The world will always be full of strife and all we need to do is keep going.
Thankfully the actual price per barrel is approaching $50 and shows no indication of dropping since the US oil reserves are at it's lowest ever, also recent announcement by Trump administration will implement and reinforce restrictions and reductions on importing oil from Venezuela due to recent political events disrupting Venezuela's progress based on a current Dictatorship, as referred to by Donald J. Trump.
We also have received an offer from a prestigious Private Financial firm in New York as follows, if Tomahawkcoin ICO is able to raise a minimum of $1 Mil USD in cryptocurrency value, they will commit $10 Mil USD from their portfolio assuring Tomahawk Exploration LLC success.
Due to aggreements between both parties, we are not allowed to disclose detailed information regarding the firm's name, but as soon as the goal in discussion is met, the company will make such agreements available for public view.
So with all these factors in place the price per barrel is going to move higher, although not good news for consumers, but great news for investors.
Tomahawk should recover net to our interest approx. 80,000 bbls per well. If we use a low figure of $40 per bbl that nets us $3,200,000 per well if oil never goes above $40 per bbl. I predict low $50's in 2018. The Tomahawk wells will cost appox $500,000 each with oil flowing into the tanks.
Using our finding cost of $500,000 and finding 80,000bbls shows we are finding oil for $6.25 per bbl. Producing oil at $6.25 and selling for at least $40 should give us a very healthy profit. I really believe that with a future Steamflood we should get at least 200,000 net bbls per well for a profit of $80,000,000 at $40bbl. A Steamflood would inject steam into the formation and flush a lot more oil out (Up to 300bopd).
I hope this can clarify Tomahawks position on these matters. Remember, oil and it's derivatives (gasoline, diesel, plastics, medicines, fertilizers, many chemicals, lubrications and countless others) will be needed long after our lifetime. We appreciate your interest in Tomahawkcoin and our future. Hopefully together.
So, what are the projected revenues after drilling?
The Company expects more than $500,000 USD to be generated by each well per year based on the reserve reports:
10 wells x $500,000 = $5,000,000 a year revenue projection
Our initial plan was to transition from an already Private company to a Public traded one.
But amidst recent news regarding the SEC targeting recently announced ICO's, we decided to best avoid them by staying Private, thus equity owned by our investors would not be subjected to SEC rules and regulations and only state regulations.
The company will also implement a Coin Buy Back program in the future from these exchanges, which remains to be determined based on revenues and profits generated by the company
The business plan provided by the Company is believed to increase the demand for Tomahawkcoin on digital currency exchange markets, such as Bittrex, Poloniex, and others, since ownership equals equity share equivalency, more coins, more voting power and company stake ownership
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I have a question about your website security still no valid SSL certificate installed. How would you protect your ICO being get hacked so what your plan about to provide proper security measure to make sure about the protection of funds?
Which site ? The ICO is on Pay Services As for the main tomahawkcoin site we already have another set up, since the one we started with needs better design, hacking won't be an issue here. |
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  The Team behind Tomahawkcoin project decided to stay a Private Company regarding the recent news announced by the SEC, which will be more beneficial for our investors and owners of Tomahawkcoin, since is the best way to avoid any pressure from the SEC regarding the latest news caused by DAO ICO that took place last year. Even though the SEC claimed they would not legally pursue the DAO project, we decided best to go forward with our initial plan, but make no transition from the Private sector to the Public sector. SEC used to be a company that investigated fraud committed by Public companies, slowly the SEC has decided to become an entity that investigates companies for possible fraud. Yes,..we've come a long way, the SEC way. Tomahawk Exploration LLC business registration below https://drive.google.com/open?id=0B7BA7703vYuOa3EtMWZNcnYxdEUNevada business search for Tomahawk Exploration LLC https://www.nvsilverflume.gov/businessSearch?currentPage=1&sortOrder=ASCENDING&phoneticMatch=false&sortColumn=MatchRank&businessSearchTerm=tomahawk%20exploration%20llc&searchType=ENTITY_NAMETherefore, we are now exempt from tough regulations imposed by the SEC , and mainly deal with local state taxes, than the SEC imposed regulations, as well as have a coin directly backed by oil production, that in turn would create a bigger demand for our coin at the exchanges. http://apps.americanbar.org/litigat...512-private-public-securities-regulation.htmlWe will update the entire business structure in threads, ANN pages and White Paper, since we already are a Private company, will make things easier and revenue will be realized faster than initially predicted, we are already working on updating all articles submitted, to change the information submitted prior to the SEC looking to get a cut from something labeled as property and not currency. What better way than to stay out of their court, by not even showing up, we will commence business as usual and with the ICO date scheduled for July 30th of 2017, hope to see everyone at the official ICO page Hosted by Pay Services an American registered exchange https://www.payservices.com/backoffice/?uid=backoffice Tomahawkcoin is available for purchase at DEX on WAVES wallet and the official ICO will be hosted by Pay Services, everyone interested in the official ICO and wants to participate should open an account in advance and get familiar with their exchange.  PayServices' Multi Exchange Operating System [MEOS] - togetherness at its best  About Pay Services / Terms PayServices is an international organization that provides cutting edge tools that handle Values, commitments and exchanges of various types as well as business management and security infrastructure for an efficient and secured contracting and communications. PayServices provides systems which are used like in the legacy systems, but revolutionizes the relationships between those systems by handling the exchanges of values and the creation of accounts that are not possible in the legacy world, but are needed if you want to manage your business more efficiently. Video http://payservices.com/videos/teaser.webmhttp://payservices.com/front/index.phphttp://payservices.com/terms.php Social Media https://www.facebook.com/Tomahawk-Exploration-LLC-1927771204126457/https://twitter.com/tomahawkcoinhttps://tomahawkcoin.blogspot.com/2017/06/tomahawkcoin-waves-platform.html?zx=2f1579d98c052609https://www.reddit.com/user/Tomahawkcoin/https://bitcointalk.org/index.php?topic=1984177.new#newhttps://join.slack.com/t/tomahawkcoin/shared_invite/MjA3NjAxOTUxNzE5LTE0OTg5NTEzNTQtNzg0MmVlMjIwNQhttps://cryptocurrencytalk.com/topic/84904-tomahawkcoin/https://mastersofcrypto.com/forum/conversations/tomahakcoin-buy-it-once-it-will-pay-you-twice.1/https://mastersofcrypto.com/forum/threads/tomahakcoin-buy-it-once-it-will-pay-you-twice.80/http://webchat.freenode.net/?channels=Tomahawkcoinhttps://medium.com/@tomahawkcoin/tomahakcoin-a-new-token-with-a-new-and-brilliant-idea-b63038992182https://steemit.com/@tomahawkcoinhttps://www.pinterest.com/tomahawkcoin/pins/http://digg.com/u/3c036cc52c404b74a8b3f2ceba153263/deeperCONTACT https://t.me/joinchat/E88ipA6JFSpy0StHeGan8ghttps://t.me/Tomahawkcoin |
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The Team behind Tomahawkcoin project decided to stay a Private Company regarding the recent news announced by the SEC, which will be more beneficial for our investors and owners of Tomahawkcoin, since is the best way to avoid any pressure from the SEC regarding the latest news caused by DAO ICO that took place last year. Even though the SEC claimed they would not legally pursue the DAO project, we decided best to go forward with our initial plan, but make no transition from the Private sector to the Public sector. SEC used to be a company that investigated fraud committed by Public companies, slowly the SEC has decided to become an entity that investigates companies for possible fraud. Yes,..we've come a long way, the SEC way. Tomahawk Exploration LLC business registration below https://drive.google.com/open?id=0B7BA7703vYuOa3EtMWZNcnYxdEUNevada business search for Tomahawk Exploration LLC https://www.nvsilverflume.gov/businessSearch?currentPage=1&sortOrder=ASCENDING&phoneticMatch=false&sortColumn=MatchRank&businessSearchTerm=tomahawk%20exploration%20llc&searchType=ENTITY_NAMETherefore, we are now exempt from tough regulations imposed by the SEC , and mainly deal with local state taxes, than the SEC imposed regulations, as well as have a coin directly backed by oil production, that in turn would create a bigger demand for our coin at the exchanges. http://apps.americanbar.org/litigat...512-private-public-securities-regulation.htmlWe will update the entire business structure in threads, ANN pages and White Paper, since we already are a Private company, will make things easier and revenue will be realized faster than initially predicted, we are already working on updating all articles submitted, to change the information submitted prior to the SEC looking to get a cut from something labeled as property and not currency. What better way than to stay out of their court, by not even showing up, we will commence business as usual and with the ICO date scheduled for July 30th of 2017, hope to see everyone at the official ICO page Hosted by Pay Services an American registered exchange https://www.payservices.com/backoffice/?uid=backofficeTomahawkcoin is available for purchase at DEX on WAVES wallet and the official ICO will be hosted by Pay Services, everyone interested in the official ICO and wants to participate should open an account in advance and get familiar with their exchange. PayServices' Multi Exchange Operating System [MEOS] - togetherness at its best About Pay Services / Terms PayServices is an international organization that provides cutting edge tools that handle Values, commitments and exchanges of various types as well as business management and security infrastructure for an efficient and secured contracting and communications. PayServices provides systems which are used like in the legacy systems, but revolutionizes the relationships between those systems by handling the exchanges of values and the creation of accounts that are not possible in the legacy world, but are needed if you want to manage your business more efficiently. Video http://payservices.com/videos/teaser.webmhttp://payservices.com/front/index.phphttp://payservices.com/terms.phpSocial Media https://www.facebook.com/Tomahawk-Exploration-LLC-1927771204126457/https://twitter.com/tomahawkcoinhttps://tomahawkcoin.blogspot.com/2017/06/tomahawkcoin-waves-platform.html?zx=2f1579d98c052609https://www.reddit.com/user/Tomahawkcoin/https://bitcointalk.org/index.php?topic=1984177.new#newhttps://join.slack.com/t/tomahawkcoin/shared_invite/MjA3NjAxOTUxNzE5LTE0OTg5NTEzNTQtNzg0MmVlMjIwNQhttps://cryptocurrencytalk.com/topic/84904-tomahawkcoin/https://mastersofcrypto.com/forum/conversations/tomahakcoin-buy-it-once-it-will-pay-you-twice.1/https://mastersofcrypto.com/forum/threads/tomahakcoin-buy-it-once-it-will-pay-you-twice.80/http://webchat.freenode.net/?channels=Tomahawkcoinhttps://medium.com/@tomahawkcoin/tomahakcoin-a-new-token-with-a-new-and-brilliant-idea-b63038992182https://steemit.com/@tomahawkcoinhttps://www.pinterest.com/tomahawkcoin/pins/http://digg.com/u/3c036cc52c404b74a8b3f2ceba153263/deeperCONTACT https://t.me/joinchat/E88ipA6JFSpy0StHeGan8ghttps://t.me/Tomahawkcoin |
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We decided to stay a Private Company, which will be more beneficial for our investors and owners of Tomahawkcoin since is the best way to avoid any pressure from the SEC regarding the latest news behind DAO ICO that took place last year. That way, we are exempt from any regulations imposed by the SEC as well as have a coin directly backed by oil production, that in turn would create a bigger demand for our coin at the exchanges. http://apps.americanbar.org/litigation/committees/businesstorts/articles/spring2012-0512-private-public-securities-regulation.htmlWe will update the entire business structure in threads, ANN pages and White Paper, since we already are a Private company, will make things easier and revenue will be realized faster than initially predicted, we are already working on updating all articles submitted to change the information submitted prior to the SEC Mafia looking to get a cut from something labeled as property and not currency. https://steemit.com/crypto/@tomahawkcoin/tim-draper-is-a-bonafide-aholeTomahawkcoin is available for purchase at DEX on WAVES wallet and the official ICO will be hosted by Pay Services, everyone interested in the official ICO and wants to participate should open an account in advance and get familiar with their exchange.
https://www.payservices.com/backoffice/?uid=backoffice |
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Is this cancelled or are you going to register with SEC?
We decided to stay a Private Company, which will be more beneficial for our investors and owners of Tomahawkcoin since is the best way to avoid any pressure from the SEC regarding the latest news behind DAO ICO that took place last year. That way, we are exempt from any regulations imposed by the SEC as well as have a coin directly backed by oil production, that in turn would create a bigger demand for our coin at the exchanges. http://apps.americanbar.org/litigation/committees/businesstorts/articles/spring2012-0512-private-public-securities-regulation.htmlWe will update the entire business structure in threads, ANN pages and White Paper, since we already are a Private company, will make things easier and revenue will be realized faster than initially predicted, we are already working on updating all articles submitted to change the information submitted prior to the SEC Mafia looking to get a cut from something labeled as property and not currency. https://steemit.com/crypto/@tomahawkcoin/tim-draper-is-a-bonafide-ahole |
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Wow! A lot more information now, thanks guys, looking strong. Seems like a great opportunity to be a part of a successful business venture. I've already spread the word to everyone else I know  Good luck for the ICO. |
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OK go ahead with the presentation
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Thank you Martin, and I would like to take the time and officially thank the crew at Newbium for adding a personalized tab dedicated for Tomahawkcoin, great team.https://coins.newbium.com/ |
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