Cryptostocks

Cryptostocks
CryptostocksAbout This BondThis bond is being issued by Coin Debt Collections (ticker symbol: DEBT) – www. coindebtcollection. com in an effort to raise 32 BTC which will be used to allow us to purchase debts on some very large accounts – with 2 debtors alone equaling over 90 BTC.   As we purchase debt at 30% of the face value – this 32 BTC will allow us the funds to purchase these debts – which we have already researched and reached a deal with the lenders related to the loans. We have also already spoke with our attorneys regarding these loans and they are on board with the additional work and costs – as this is outside our normal small claims court cost range. This bond is structured very similar to DEBTBond1 however it has slightly higher interest due to the higher principal amount of 32 BTC (instead of 20 BTC). The interest on the Bond Buy Back Premium is 8% and the monthly Coupon Payment is at 6%.    This is in comparison to DEBTBond1 where the Bond Buy Back Premium was 7% and the Coupon Payment was 5%. There will be a total of 160 Bond Coupons sold related to this offering – which will cover the 32 BTC.    Why a Bond? Coin Debt Collection requires significant capitol to run at full potential.   We purchase bad debt from investors on P2P loans and other investments and collect that debt using legal resources.    Most of the debt we purchase has already been issued a arbitration award – meaning all we need to do is go to a judge and get a collection order.   However first we need to buy the debt.   While we do buy at a steep discount to value – it still requires significant capitol to run Coin Debt Collection as it can take as much as 120 days to go through a collection process.   Even then we sometimes have to garnish someones wages to get paid – which can take significantly longer before we get full payment.    We chose to issue a bond to raise capitol instead of issuing more shares – in an effort to protect the interest of our shareholders.   We do not want to issue more shares and dilute the value of our shareholders current holdings – so this bond will enable us to raise more capitol for the purchase of additional debt – without having to dilute shareholder value. Layman’s TermsEach bond is being sold for 0. 20 BTC face value and a buy back value of 0. 216 (8% premium).    In addition the coupon value of each bond is 0. 012 BTC paid monthly (6% interest). For those that are not familiar with how bonds work – here is a little English translation :)Face value is the amount you pay for the bond – in this case 0. 20Buy back is the amount you will receive when we buy the bond back – in this case 0. 216Coupon value is the interest payment – in this case 0. 012 BTC paid monthly. So for your 0. 20 purchase  you will receive :3 payments of 0. 012 BTC ( 1 payment every 30 days)   At the end of the 90 day period your will receive 0. 216 DisclaimerAll investments carry inherit risk – this investment is no different.  Please ensure you understand the risk before investing.   Only invest if you understand the risk and only ever invest what you can afford to lose.    You could lose your entire investment.