NXTInspect
Asset ID: 14273984620270850703
Account Number: NXT-QUUE-9M9E-TRC5-24Q2M
This asset is represents the right to a share in the profits from the activities of NXTinspect, this Asset provides a level of due diligence on offerings on the NXT AE and (in future) other decentralised exchanges in order to enable investors to make safer and wiser decisions on where to invest their NXT.
The NXTinspect Team (currently) consists of the following established NXT Forum Members;
whale
jefdisel
chanc3r
The services which will be offered and monetised by the Team are;
Reviews of Assets Pre/Post Launch
Due Diligence on Assets Issuers
Individual Consultations/Research Work
Escrow Services
We intend this to be a very low overhead activity and establish a service that NXTers can rely on, therefore we are issuing 1,000,000 assets @1NXT of which 40% have been allocated to the development / analysis team, 30% are being sold in an initial fund raiser with 30% in reserve to be sold to enable further scale and growth.
Revenue from the above activities will be distributed according to the shares in circulation ie not owned by the issuing account.
To prove this is me validate this token issued by my main account using website text NXTinspect
dp92epv10f7ucn76r5t3526877n5ho6pqt0oskqo1kvcv7i6ivmu0pv10c0no901i47odd5e4c1vqp3bdh5mokpkn6d4894l3hk3msksl4q0p49blm2i5nb2dlk6hivtvj9lps21ebu35d91k8gf5efqp9boujb9
Hi chanc3r. I went through this thread and the one on your sub-forum and I had a few questions which don't seem answered there.
First, you said that 40% of the company would be distributed to team members. I see that Whale currently holds 150,000 NXTinspect, you currently hold 100,242, and that jeff holds 100,164. It looks as if the change shares came from your individual holdings of nxtventure. Notwithstanding the missing 50,000 shares, it looks like this is accounted for. The other part of the IPO was you mentioned a sale of 300,000 and then performed a sale of 50,000 from the for further expansion shares. This also seems like it has been completed, because there remain approx. 250,000 shares in the company. Can you just quickly conform this and that the remaining shares are for "future expansion", and that you will not sell them without a prior announcement? Thanks.
Second question. It appears that you sold 300,000 NXT worth of shares and then 250,000 NXT worth of shares for a total of about 550,000 NXT. There is just over 380,000 NXT in the account, however, for some reason I see three transfers of 70,000 each made to you, whale, and jef. As you have already received your shares I am mystified why you have transferred company money to your personal accounts. Am I missing something here? Can you please explain those transfers?
Three. Please confirm the book value of your company is only 0.73 NXT/share based on a share sale of 300,000 shares at 1 NXT and 50,000 shares at 5 NXT, over a float of 750,000 shares, and please confirm that you have released all relevant material information regarding the status of your company (i.e. that you are not aware of any material reason why your shares are trading at 5x book value, that your company has no other assets or liabilities affecting book value other than share sales).
I know you haven't said what price you will release the remaining shares but if you could quickly comment on price target for your book value that would be great.
Thanks and good luck~