Since there was never a public token sale (as it was all raised privately) they should have just done a debt/equity raise. What was the point in doing an ICO?
Though like all of these private token sales, it's a great way for crypto whales to multiply their imaginary wealth without having to exit to fiat and pay taxes.
Though like all of these private token sales, it's a great way for crypto whales to multiply their imaginary wealth without having to exit to fiat and pay taxes.