The SEC (Securities and Exchange Commission) is the US government agency who regulates the US stock market and protects investors. They also qualify US companies to go public and sell their stock shares. All issuance of shares (Security Token) will be done in compliance to US SEC regulations. SERV Tokens will be a SEC compliant security tokens, representing the rights to profit-sharing as dividends from the company.
50% of all the SERV Tokens will be available to the public. SERVEBANK is working on obtaining SEC Regulation A for the initial Security Token Offering, due to limit on how much can be raised within an offering, but also is to make the offer publicly available. After the initial offering, SERVEBANK will either apply for an additional SEC Regulation A offering or apply for IPO to place the remaining tokens on an approved Security Token Exchange.
1% of the total tokens will be aligned to an account for issuance to Charities.
The tokens will receive funds under the rights to profit sharing dividends and will be issued to various charities periodically.
Voting - As a token holder you will be able to vote to which charities you would like the company to make donations to. Charity - As a token holder you will be provided the option to elect some of your tokens to be aligned to a charity of your choice.
The tokens have been distributed to maximize the number of individuals that can get involved in our Company. In doing so the tokens are distributed as such:
50% for Investors - These tokens will be sold and issued to investors under SEC regulation for Security Token Offerings (STO). Funds will be used for Acquisitions, Investments and Projects.
12% for Development of SERV Tokens.
Further develop the system, security etc. of the tokens.
12% for Marketing and Promotions.
Marketing and promotion of the tokens both online and offline.
12% for Business Development Teams
Business development teams.
4% for Operation Teams
Operation teams and operating expenses.
2% for SEC Regulation A and IPO
Registration of Reg A and Initial Public Offering
2% Advisors and Consultants
Advisors and Consultants providing advice and support to the company.
5% for Reserve
Dividends that will be distributed to investors.
1% Charity
Funds to be given to charitable organizations.
Investors are entitled to the annual dividends and or profit sharing of the companies as approved by the board.
In our effort to provide greater transparency to everyone, we list below the use of funds from the sale of our SERV Tokens.
