My preferred shares are also tokens


To the Stock community:

I would like your serious, considered feedback regarding my preferred shares that are linked to a token. See the press release at: https://www.einpresswire.com/article/576560356/the-mid-atlantic-growers-association-announces-the-smokin-token Links to the website are available there.

The token community leans towards humor, and I am hoping for a more serious discussion.

Some highlights:

-The token is a security and is being designed to comply with Reg. D, Rule 506 (c). As such, this will only be open to accredited investors, and no part of this discussion should be construed as a solicitation or promotion.

-The art is a png image of the actual share certificate. Sequential numbering makes each one unique.

-I believe this can be a viable fundraising mechanism for small businesses. Linking preferred shares to a token adds liquidity to the private placement market and increases the attractiveness and portability of preferred shares, which by themselves are not new at all. I am hoping the discussion focuses on the concept and the fundraising potential, not so much my particular company.

If people wish to discuss this, I will host the discussion elsewhere in order to comply with the rules on this site about the perception of self-promotion. There is presently a forum set up at my site. Please see the link above.

Respectfully, and thank you,

Steve


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