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Author Topic: Gauging interest in IPO for INSTANTLY profitable 'In Real Life' mining venture.  (Read 38 times)
RECCoin
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February 20, 2018, 05:49:39 PM
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Hi everyone,

I wanted to get some input on a potential IPO. Additional funds are not necessary but given the growth opportunities we have available a sizable initial investment into expanding operations could be put to good use.

To give a very brief overview we purchase items that are marked for recycling from retailers, mom and pop stores, scrap yards, recycling centers, etc. such including TV's, cars, specialized equipment, electronics, computers and more. We then take these things apart to the bolts and sell every salvageable piece before recycling the rest. A car that costs $300 gives us between $1,000 and $5,000 in inventory, sometimes much more. Because older items are no longer in production the aftermarket is often better than that of newer and more expensive items.

We just launched a service selling 'IRL mining contracts' where we purchase, process and sell these items on behalf of our customers. While this will allow speedy growth we will not come close to exploiting all of the markets available to us. We could effectively invest $50,000,000 in the next month with this model and that would only allow domination in a few of the areas we focus on.

I'm not sure what a realistic ceiling is in this space. Bringing in a few hundred thousand extra would increase profit but wouldn't really allow us to make a leap to the next level or beyond.

One other thing we would appreciate some input on is this. If we used a similar structure as our flash sale at https://bitcointalk.org/index.php?topic=2948096.0 would it raise the potential considerably? When someone purchases a contract they receive profit distribution based on the exact items their investment was used to acquire. This keeps things fully transparent and verifiable on their end.

If we used a similar structure for an IPO it would provide a quick ROI and then continue payments after that initial burst.

Any input would be appreciated. Thanks

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March 12, 2018, 04:26:01 AM
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Launched at https://reccoin.trade

Not an IPO, pretty unique.
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