TOKEN ECONOMICS

The token will offer investors a 10% yield per annum.  The token is a representation of a preferred share stake in the underlying project which is entitled to a cumulative dividend. 

In the base case scenario, the project will take 9-12 months to begin operation after the point at which the capital raise has been completed.  This means that in the first year there will be no profits generated and the investors will not receive a yield. 

As the yield is cumulative, under the base case, at the end of the second year the investors will be due 2 years of 10% dividends. 

Once the project is able to generate enough retained cash, it will be able to buy back the tokens under a call option retained by SIT.