HYDROCARBON 8
Website:
Status:
Archived ICO
Token:
HC8
Start:
31-07-2018
End:
29-09-2018

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Comments

vollmond 01 Jan 1970 03:00

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The offer will be launched on the 8th of August 2018 and will last for 60 days.The placement will be commenced in parallel with traditional private placement to utilize hybrid financing opportunities. The company allow investors to convert tokens into company ordinary shares with subsequent listing on the reputable traditional stock exchange to secure additional liquidity.

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Information

Company Hydrocarbon 8 (UK) LTD offers the placement of tokens HC8, which is equal to 60% of our Company’s shares. The goal of our security token offering (STO) is to create a new generation of integrated oil and gas project management company based on predictability of developed assets with geographical diversification and existing high risk high return exploration opportunity. In pursuing this goal the Company makes its priority to combine advantages of one of the most attractive sectors of the traditional economy with blockchain technology in the best interests of the investors – tokenholders. In parallel with token placement, company plans to raise finance via traditional private placement with institutional investors to utilize hybrid financing opportunity. The purpose of this financial round is to fill up working capital requirements in order to create shareholders value and provide liquidity through subsequent listing on the reputable crypto and traditional stock exchanges (see features). The company applies best corporate governance practice including board committees (strategic development, audit, remuneration), majority of the board are non-executive directors, the company key decisions are verifiable by reputable independent auditors (reserve auditors, financial auditors, legal counsel). The company intends to use escrow arrangement with respectable financial service company to provide additional assurance for investors.  

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