With the advent of SpaceX rideshare now comes the ability for spacecraft that are equipped with proven patented technology to drill on asteroids to catch a lyft to space and then safely deliver commodities back to earth.
SpaceGold Corporation has teamed up with engineers from Boeing, NASA, Lockheed Martin, The University of Arizona, and TriVector Services to design, fabricate, launch and operate spacecrafts equipped with SpaceGold Corporation’s patented asteroid laser drilling technology.
The Mining Project is being funded through a new ERC20 Etherium based token called SpaceGold, ticker SGOLD. You can start redeeming your token for 240 milligrams of gold after the first 70 metric tons are delivered back to Earth, making it the first series of its kind. For every spacecraft we send up, there will be a new SGOLD series created for circulation in digital and physical gold minted form. The first minted physical SGOLD token will be distributed for circulation after our first successful re-entry.
Gold isn’t the only commodity that SpaceGold Corporation has the potential to bring back from asteroids. Asteroids are composed of up to 80% iron and a 20% mixture of nickel, iridium, palladium, platinum, magnesium, and other precious metals such as osmium, ruthenium, and rhodium. SpaceGold Corporation is expected to produce 960 tons of gold over the next 20 years and is expected to be valued at $44 billion by the end of our second year of production. #SpaceGold is Money Services registered with FinCen. Ticker # SGOLD is currently trading at 0.0041 ETH = $1.61 on the blockchain at the time of this writing and is expected to trade between $14-$18 upon its first delivery from Space. We have both digital and traditional financing options available for the investors.
MSB Registration 31000158259088
Digital financing options
REGULATIONS: SGold Token is a transparent investment vehicle regulated under Money Service Business (MSB) to keep records and file reports on transactions to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). Furthermore, according to Rule 504 of Reg D any investment over $5 million will be filed with SEC withing 15 days by the company’s legal team.
DIRECT PURCHASE OF SGOLD: On offer today is 1.5 billion SGOLD at 0.0041 ETH/SGOLD, returning 240 milligram gold in the first year of production.
HIGH-INTEREST SHORT TERM LOAN AGAINST SGOLD: We have also offered to undertake a loan of $150 million for 18 months that returns $413.56 million against 413.56 million SGOLD tokens. This provides VC rates of return and a clear exit strategy. As our program advances it will receive tremendous publicity and we will have sold off at least this much SGOLD in the interim. Those who make the loan may elect to keep the SGOLD as well.
LONG TERM PURCHASE OF PHYSICAL GOLD: We have also spoken with MBE owners who have the ability to obtain government-backed loans against orders from large corporations or governments. So, we have discussed with an exchange or major Gold buyer to buy physical Gold from an MBE owner who is paid near market rates for the physical Gold when it is available. The MBE owner then monetizes the order and purchases all of the SGOLD on offer from SpaceGold Corporation. Some exchanges have looked at the possibility of trading Gold futures against the physical today – alongside the SGOLD held by the MBE.
However, there is no minimum to invest. We would also be happy to accept a written letter of intent to invest an interesting amount providing we get funding raised from other investors.
This is a total of $2.5 billion investment opportunity, returning $50 billion gold, netting the investors $22.5 billion in 4 years.
LONG TERM PURCHASE OF BERYLLIUM: This is a $250 million investing opportunity, returning $750 million Beryllium, netting the investors $500 million in 4 years.
Read more in SGold prospectus file…
TRADITIONAL FINANCING OPTIONS
If you prefer the conventional investment methods, you can choose one of the following options. This includes small investments as high as $1.5 million or forming a joint venture.
A CONVERTIBLE PROMISSORY NOTE: This is a debt obligation in which the company borrows money from an investor as high as $1.5 million with the discount of 30%, the interest rate of 5% and maturity date of up to 24 months. If you are interested in this option, please ask us to provide you our term sheet or provide us with your own term sheet.
JOINT VENTURE: If your company has the potential to participate in the development of our project, we can pool our resources for the purpose of accomplishing this task. This will be a short-term partnership with negotiable terms offered by the interested party.
Since under securities laws, certain types of investments such as generally solicited Reg D, Rule 506 (C) offerings is only available to accredited investors, we need to verify your identity before sharing some documents. Therefore, we may ask you to provide us with an insider letter from your institution or a lender letter from your bank. 6