Deleted

[tricomp]

I  gather from the content in this  thread that you have 100,000 shares total , out of which you wish to sell 15,000 shares, with the first 2400 shares going for 0.008BTC/share. Meanwhile your info on

https://angel.co/dunne-capital/fundraising

indicates that you have had $40,000 previous funding and you are trying to raise equity of $100,000.
Could  you just give a current update on the paid-up shares , reserve shares and  shares already issued for  the previous funding .

Inaccurate numbers, my fault. Raised $10,000 out of my own money. Looking to raise $40,000

So you are trying to raise $40,000 via 15000 shares at 0.008 BTC/share. The balance of 85,000 shares is in reserve (unissued) , right?  Or has any gone to some initial seed capital investors?

[1715093545]

1715093545

[MrWDunne]

I  gather from the content in this  thread that you have 100,000 shares total , out of which you wish to sell 15,000 shares, with the first 2400 shares going for 0.008BTC/share. Meanwhile your info on

https://angel.co/dunne-capital/fundraising

indicates that you have had $40,000 previous funding and you are trying to raise equity of $100,000.
Could  you just give a current update on the paid-up shares , reserve shares and  shares already issued for  the previous funding .

Inaccurate numbers, my fault. Raised $10,000 out of my own money. Looking to raise $40,000

So you are trying to raise $40,000 via 15000 shares at 0.008 BTC/share. The balance of 85,000 shares is in reserve (unissued) , right?  Or has any gone to some initial seed capital investors?

Correct.

Its actually ~£20,000 but angel.co doesn't give that as an option.

Potential seed investors are out there, nothing confirmed yet.

[tricomp]

I  gather from the content in this  thread that you have 100,000 shares total , out of which you wish to sell 15,000 shares, with the first 2400 shares going for 0.008BTC/share. Meanwhile your info on

https://angel.co/dunne-capital/fundraising

indicates that you have had $40,000 previous funding and you are trying to raise equity of $100,000.
Could  you just give a current update on the paid-up shares , reserve shares and  shares already issued for  the previous funding .

Inaccurate numbers, my fault. Raised $10,000 out of my own money. Looking to raise $40,000

So you are trying to raise $40,000 via 15000 shares at 0.008 BTC/share. The balance of 85,000 shares is in reserve (unissued) , right?  Or has any gone to some initial seed capital investors?

Correct.

Its actually ~£20,000 but angel.co doesn't give that as an option.

Potential seed investors are out there, nothing confirmed yet.

Your $10,000 investment , is it part of the 15000 shares or is it treated differently?

[MrWDunne]

Treated differently. I founded the company so had the shares by default. I have put $10,000 into this and then I am selling 15%.

[tricomp]

Treated differently. I founded the company so had the shares by default. I have put $10,000 into this and then I am selling 15%.

Got it. Is the BitcoinBourse.eu  option for buying still active?

[MrWDunne]

Treated differently. I founded the company so had the shares by default. I have put $10,000 into this and then I am selling 15%.

Got it. Is the BitcoinBourse.eu  option for buying still active?

Technically, yes. I don't advise it though. In fact I would really rather you didn't. Counterparty and coloredcoins work great. Less sign up your end and less fees on my end too.

[MrWDunne]

Exchange demo will be available to see tomorrow.

[steyehn]

what happens when you cant raise the $40000 funds? will the launch still push thru or will it launch only after you raise the the said amount?

[MrWDunne]

what happens when you cant raise the $40000 funds? will the launch still push thru or will it launch only after you raise the the said amount?

The amount we need has gone down. We now need £7500 to launch.

As stated, will have a demo available to see tonight hopefully. Its not finished but about a month away.

We could launch with a fair bit less than that, but we would have to neglect things like security auditing which is obviously an awful idea. I'm not sure I would want to launch at all without a multi-tiered security audit.

[MrWDunne]

We plan to use a custom version of Crypto Capital's engine. Also utilizing their services for US and Canadian customers. If you want to try out their product check out demo.wlox.io

[steyehn]

the price per share is still .008 btc right? and if i use coinprism to buy some shares, i can still resell them later right?

[MrWDunne]

the price per share is still .008 btc right? and if i use coinprism to buy some shares, i can still resell them later right?

Yes and yes.

[badpeanut]

Could you update use daily here or on your website how many shares are left. I think that would be very usefull for buyers

[MrWDunne]

Could you update use daily here or on your website how many shares are left. I think that would be very usefull for buyers

Enough, around 14,000. Not sold a huge amount.

[badpeanut]

Could you update use daily here or on your website how many shares are left. I think that would be very usefull for buyers

Enough, around 14,000. Not sold a huge amount.

Thank you!

[MrWDunne]

Could you update use daily here or on your website how many shares are left. I think that would be very usefull for buyers

Enough, around 14,000. Not sold a huge amount.

Thank you!

Very welcome!

[MrWDunne]

We're now planning to weight dividends in our investors favor until we make ROI.

So if we sell 5% of our shares, you'll get ~20* the actual dividends - minus expenses of course.

[NotLambchop]

@MrWDunne:  It's important not to seem desperate.

[MrWDunne]

@MrWDunne:  It's important not to seem desperate.

True. Although its something I've seen with other companies and it seems like a good idea, from an investors perspective.

[NotLambchop]

The trick is not to constantly lower your goals.  What happened to the exchange software your Satanist developer was working on?

Exchange demo will be available to see tomorrow.