Most of the company's money is coming from the Canadian Media Fund, which essentially doles out loans without demanding
ownership of the product in return.
SEMA believes that all suppliers should have direct
ownership of their product data and that it should be configured and stored in the accepted industry ACES and PIES standards.
Now there are now disagreements over the terms of contract (for example X claiming B's shares are dilutable etc and X is basically trying to discount B's work and
claim ownership of the product).
Once the product is built and a compliant legal approach is in place, it makes more sense to do a larger token sale to the crowd,
giving ownership of the product to users and creating stronger network effects to bootstrap the network.
If you are not yet working with the SEMA Data Co-op (SDC) to take total management control and
ownership of your product data, now is a perfect time to plan for engagement in 2016, just in time for the spring selling season.
Break down
the ownership of products.
Also, is the % of
the ownership of the product determined by the degree of contribution or by the original agreement (that was never signed and fully agreed upon)?
It's coming time now where we relinquish
our ownership of the product in exchange for a small amount of equity.
The floral patterns on the Samsung Gear Sport bands declare
the ownership of the product.