Where the crypto
tokens represent
ownership or a security interest over an issuer's assets or any property, or a debt owed by the issuer, they may be regarded as securities
under the Securities and Futures Act.»
As a reporting company
under the Securities Exchange Act of 1934, as amended (the «Exchange Act»), Kodak is unlikely to be concerned about Exchange Act Rule 12 (g) reporting thresholds on
ownership of securities, which may be a concern to
token sellers that are startup companies, as triggering the applicable thresholds requires the filing of periodic reports with the SEC.