DISCLAIMER
This is not an offer of securities. The tokens offered here are intended to be functional utility tokens for use within the ecosystem described in our whitepaper. The tokens are not being offered as securities and do not grant any equity, governance, voting, or similar rights in the company or its affiliates. They are sold as digital products, similar to downloadable software. High risk of loss. Investing in utility tokens is risky due to the volatile cryptocurrency market, and you could lose all your funds. It is recommended to have experience with cryptographic tokens and blockchain technology before purchasing. Not financial advice. The provided information is for informational purposes only and is not financial, legal, or investment advice. The accuracy of the information is not guaranteed, and purchasing tokens for speculation is not advised. No guarantee of value or success. There is no guarantee of the success of the underlying platform, and the token's value may be negligible. Regional restrictions. Token sales may be restricted in certain areas. You are responsible for knowing and following your local laws regarding utility token purchases and ownership. You must do your own research. It is strongly recommended to conduct independent research and consult with legal and financial experts before making any decisions.
SUPPORT
What we are seeking is capital to launch this venture into the healthcare space, by offering utility crypto tokens instead of equity shares. The initial supporters are taking a large risk as the outcome is uncertain, but with diligent planning and open book policy we believe this is what this country needs as a solution to the ever increasing medical expenses.
The initial token sales will be 2 million tokens and up to 10 million (out of 1 Billion total issued) at $1.00 to raise the $2 - $10 million needed to develop the blockchain, software for distribution and redemption of rebates, legal fees for establishing the entities, for permits, licensing and other necessary documentations. Allocation of coins will be from smallest to largest contributor with a maximum of 25,000 tokens to ensure there is wide spread adaptation.
The second token offering will be for 120 million tokens at $5.00 to raise $600 Million for the construction of the 250 -300 bed hospital. Out of the remaining tokens 15% is reserved for the management with a vesting time determined by the completion of the first hospital. The rest of the tokens to be held under Remedium Medical Inc., a corporation incorporated in Wyoming, are reserved for rebates to subscribers, liquidity pools and development of new facilities to expand the number of subscribers.
The management will seek grants and other sources of public funds where possible, but are not accounted for as source of funding in the projects projections. Financial analysis shows that if the project is fully funded from token sales and subscription rates meets the minimum of 50,000 the project will operate at break even. It's our expectation that we will exceed the number subscribers necessary by a large number. Positive cash flow from operations will be used to expand operations and increase subscribers by acquiring or building new facilities. Excess cash can also be used to buy up tokens in the open market for future issue of rebates and to maintain a stable marketplace.
The token will have governance to ensure participation of token stake holders and the subscriber community in the decision making of changes to the tokens functionality.