Zappl Inc Share Sale.

in #zappl7 years ago (edited)
Buying shares in Zappl Inc:

We'll be selling 10% to 20% shares in the company to get the proper funds for account creations and more. Zappl Inc will be showing its business plan privately if you're interested you will be required to sign a "Business Plan Non Disclosure Agreement".

Due to legal restrictions we cant offer shares in the company at this time to anyone that is not a U.S. Citizen. As for the requirements for U.S. citizens they will be shared at the bottom of the business plan.

Also this offer will be restricted to only 100 people.

Statement to Zappl dex coin holders:

This share sale is not to be confused with Dex coins, the Dex coins that are currently being held are considered a loan. So they do not pay out dividends and are not considered shares in the company. Zappl will continue with the plan we laid out for the Dex coins and gradually the buy back will still go forward.

We felt it was best to clarify this before hand so people don't get confused. But on a side note there is a chance of a share drop which were currently figuring out the legal side of things. We think when we go public C corp company we should be able to do a share drop for the Dex coins that are being held. Currently under review we will provide future updates on this topic.


Its recommended that you join our discord channel to find out more.
We'll then add you to a special group and a special room for people interested. https://discord.gg/PNwrUSp

Zappl Share sale will happen Monday, July 24th 2017
It will go on until the shares are all sold or end possibly the day zappl starts.


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so whats was the use of ZAPPL? will u buy them back or what?

The posts explains this.

explains it was a loan, doesnt explain on what % and when it will be returned

@thedegensloth @zappl - I'm sorry, but I'm a little confused and mildly concerned at your ZAPPL dex shareholders (not coin holders, nor lenders?) statement.

What was stated here...

Zappl now has an asset on Bitshares and will be issuing shares of Zappl.io
which will help with the development.

and here...

Since we issued 49% of ZAPPL shares as an asset 49% of the sites earnings after site costs will be used on buy backs.

...does not sound at all like the DEX asset was to be a "loan" at all. In fact, I could not find a single reference to "loan" before your latest post. The DEX ZAPPL asset, as quite clearly stated represents "shares of Zappl.io"

If any clarification was required, "beforehand" would not be now, it would have been when you conducted the crowdfund.

DEX ZAPPL holders have a 49% share of the profits of ZAPPL.IO which will be forever used to buy back the DEX ZAPPL asset.....correct? That being the case, the DEX ZAPPL asset does not represent a loan but a share of the profits of ZAPPL.IO.....correct?

Are you trying to say to your ZAPPL.IO shareholders are not holding shares of ZAPPL.INC? ZAPPL.INC being clearly interested in building other tools and I guess you are anxious to ensure that ZAPPL.IO holders do not expect a 49% share of ZAPPL.INC's profits.....though they are one and the same until you launch new profitable tools.

Please can you state/restate clearly what the schedule for the ZAPPL.IO share buyback is and that it will begin as soon as there are profits being generated and will run indefinately?

Would you mind clarifying all this please as the language in the posts is very imprecise and confusion is exactly what you created for me.

Thank you benjojo for articulating the queries the Dex holders have.

I had a good chat with @thedegensloth on discord and he's going to hopefully do another steemit post to clarify the situation with the DEX ZAPPL asset. I left feeling the language and detail issues were acknowledged and being taken seriously. I believe the intentions are honourable and that if the things discussed are implemented, I would have no cause for complaint.

We made sure to take your questions as serious as possible. And will try to get a post out explaining this is further detail.

edit.....tried to send a message via chat...not working. Re your helping fund...would you consider karenb54's request.
https://steemit.com/help/@karenb54/i-really-need-your-help-i-have-no-where-else-to-go

Thank you for your reply @benjojo.

Appreciate you taking the time to speak with @thedengen.

He kindly responded in chat to bleujay and answered queries bleujay had.

Looking forward to the post clarifying the DEX ZAPPL asset.

Wishing you and yours all the best. Cheers.

Hiya bleujay, I got your message thank you. I had no Giving Steem funds left so I sent a steem donation. A very worthy cause for a great steemian. I hope she accepts it as her request was for no donations. It would be lovely for her to be able to enjoy a bath or shower without being in pain.

Thank you for your reply@benjojo.

Very kind of you......bleujay appreciates your kindness.

All the best to you and yours. Cheers.

Ok I am interested, will jump on discord. Will this impact the potential launch at all?

Nope it should have no impact on launch at all.

Ok noted! Super pumped about this!

Quite interested. Heading over to Discord now.

Alright see you there.

See you on that side for sure.

Ohh I am so in!

Well glad to see you have some interest.

I and @bellyrub are so down.!

Good luck on the sale.

Thank you!

i am also interested

Head on over to discord! Let's talk!

Yes! I want to be in the 100 who get in on this. I am also a ZAPPL holder on the Dex.

well maybe you will be x]

You will be selling 10% or greater shares to 100 people?

Yes.

Okay, I guess I'm not getting how the math works here, because that looks like at least 1000% to me.

Oh no of the 10% to 20% we will be selling only 100 people can buy from that allotted amount.

Great news !! will be telling my friends who like to buy.

glad to hear it.

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