Blockchain Holdings Announces Concurrent Offering of XScrip™ Equity Security Tokens

CommPRO.biz Editorial Staff

Blockchain Holdings, Inc. has announced a concurrent offering of XScrip™ Equity Security Tokens designated as Class B common shares and Class A common shares, with economic interests in oil, gas, and patented clean energy and fresh water/waste water treatment technology.

Details:

  • PRICE: $1.55341 per token/Class A common shares
  • TOTAL TOKEN AND CLASS A OFFERING SIZE:

Up to 18,024,886 XScrip™ Tokens and/or Class A shares

  • EQUITY FLOAT: Up to 25%
  • OFFERING DATE: March 18, 2019
  • OFFERING SIZE: Up to $28,000,000 USD
  • MINIMUM INVESTMENT: $50,000 USD

XScrip™ Tokens and Class A Common Shares are backed by:

  • 100% of the revenue from production of 1.04 billion barrels of hydrocarbon mineral resources under agreements with Independent Energy Partners, Inc.
  • License to utilize the patented Geothermic Fuel Cell technology for recovery of unconventional hydrocarbons.
  • Revenue from direct equity investment in Cascata Energy, LLC for the commercialization of clean energy and fresh water production/waste water treatment applications.

Source: Blockchain Wire

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