CORE MAGAZINE August 2016 | Page 27

sources and run through accounting to distinguish and verify the price stage of each individual investment, and assign a number of tokens from the total pool of 25 Million HEAT.

HEAT tokens will be distributed to the HEAT wallets of the stakeholders through an online facility on our web site, after verifying each investor’s access to the original investment source cryptocurrency account.

When the HEAT tokens and mainnet are live, we’ll release the company options plan for preparation of the Heat Ledger Ltd IPO. Each HEAT holder will be eligible to receive options in proportion to a still undecided number of HEAT tokens they hold. Each option enables its holder to purchase Heat Ledger Ltd shares from the IPO at a minimum 50% discount compared to standard IPO purchase price.

IPO stock options can be traded on the public HEAT p2p blockchain exchange. The IPO is planned to be completed in November 2016. Since then the Heat Ledger Ltd stocks can be traded on the online HEAT p2p exchange, and possibly on other online exchanges a bit later.

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