OpenLedger is preparing a debit card linked to BitShares account, see https://ocash.io/

1) We are based in the UK and governed by UK law

Name of the company? Link to the public registry so that we can verify?

2) We have been successfully providing student accommodation for almost 40 years (winning multiple awards) why would we need a business plan now?

Because this is a new company. Although the experience of team is very valuable, we would like to see revenue projections, cost projections, risk assesment.

3) Why would we leave the company after 1 year? The idea it to build up the company to generate more profits and increase the size of the portfolio? The company is the value not the Kexcoin that we receive in payment for many, many, years of work?

You never know why you might leave... We all are mortals and your kids might not be interested in running this business or you might not have kids or...

4) The core team get 10% (prorata) of the funds raised not 15% and nothing else. No salaries for the full time. If anything it's too little.

If it's too little, why are you doing it?  It's up to investors to decide if your compensation is fair, not you.

5) We aim to be as transparent as possible and everything will be accounted for and audited for public viewing. We will be using a well known international firm for this.

Name of the company? How often will you report back to investors? Montly? Quarterly? Which channel will be used for reports?

6) We expect the first buyback to be performed in 3-6 months.

Are you really able to start generating revenue that fast?

7) I'm unsure why it's a flawed buy back or why the price would go down? As we buy back and destroy the Kexcoin they become more finite? With regular buybacks from regular profits we expect the price to increase. As you know you can set your sell orders on the exchange at higher prices and wait for them to be filled.

Because we already experienced it with other buybacks ;(

8 ) Core team receives 10% of tokens, what will be other 5% used for? Contractors? What if you need to hire a new full-time employee?

9) What costs are associated with your business? How big are they?

10) Is Kexcoin company 100% decoupled from Kexgill? What guarantee do we have that you won't be buying properties from Kexgill?

11) You mentioned that Kexgill has 120m GBP in assets, you forgot to tell use how much it has in liabilities. I would expect it to be highly leveraged.

12) It tool you 39 years to build a company with 120m GBP in assets, now you want to build similar company with about 70m GBP in assets in couple of months. Isn't it too ambitious?

13) Are you able to use these 70m GBP to buy properties in reasonable time (1-2 years?)

14) Since you already have a successful company, why didn't you bring also some fund to Kexcoin? When this ICO is successful, Kexcoin will have debt to assets ratio 100%.

The problem is that they set it up such a way, that they are able to buy their tokens back cheaper than they sold them during ICO, which means that you will not be able to sell them at higher price than you bought. Same as OBITS. And there is no way to control how much will they buy back from themselves, driving the price down.

It's in shareholder's best interest if a company buys back cheap. The real problem is the later point you mentioned... they will own some tokens so they can buy back from themselves.

Yes, you would get  0.318344 BTS. Just beware that there is also a fee (set by committe) for claiming vested fees... now it's 24.27935 BTS so it wouldn't make sense to claim such a small amount. On the other hand, you will receive back 80% of this fee, too

Do you mean something like https://tip4commit.com or https://peer4commit.com?

I'LL TAKE THE 100BTS!

What is your account name?