Thanks for your interest. We like questions as it helps get our message across. 

1.) How will the interaction of these two work in regards to property ownership and finances?

• A) Will Kexgill or Kexcoin own the properties purchased from the ICO?
• B) Kexgill will be managing the properties, so how will the profits from the Kexcoin properties be distinguished from Kexgill's properties' profit?
• C) Are there checks in place to ensure that the costs towards managing Kexcoin properties are not inflated? i.e. unreasonable employee salary boosts, which would decrease the amount of profit generated from the Kexcoin properties, decreasing the amount of Kexcoins bought back from the community? (While still benefiting Kexgill)
• D) Where are the profits that are not burned held? (until they can be reinvested) In a bank account in Kexcoin's name?

1A) Kexcoin will own the properties from the ICO. Kexgill will have no ownership of the funds raised, they will be providing management services.
B) Kexgill will charge a management fee to Kexcoin (as it already does with a small portion of managed properties). These fees will be published on the website for transparency and will be the general market rate so could not be inflated.
C) As above, everything will be published to keep things transparent.
D) Yes - they will be held in a bank account in Kexcoins name. Kexcoin and Kexgill will be ran as two separate businesses except for management services.

2.) Anymore details available than what is in that 2016 Financial Brochure thing?
I'd love to see a company breakdown of expenses, liabilities, and revenue. I also understand that you guys are a private company and may not provide that information (if that's the case just tell me I'm SOL )

Detailed accounts can be obtained at https://beta.companieshouse.gov.uk/

3.) Say the ICO does really well; you guys acquire a healthy $80+ million in real estate. The money starts coming in, and things look stable. Would you guys consider doing another coin offering and starting the process anew? If you did that, you would have to do a new, different coin correct? Otherwise the Kexcoin market would get flooded with new coins, defeating the purpose of burning.

We have no plans to do this however, hypothetically, if we did any other project it would be set up independently from Kexcoin. There are currently 10m Kexcoin in existence and this will only go down. At no point will any more be created.

4.) Follow up to 3: if it really takes off, are there plans to expand outside the UK?

Kexgill already have property in Germany (not shown on the government accounts site above). There are no plans to buy outside of the UK with Kexcoin.

Hey CryptoBrit,

1) Gross Yield - we have purposely been very conservative on this figure in order not to mislead. Gross yields are generally from 8% to 15% depending on the type of property purchase (PBSA or HMO) and can be higher in certain circumstances. As we are not using bank funding you could expect the net profit to be around 25-30% less than the gross. Please also note that this is now. Over time and as rents increase, both the gross and net figure will increase substantially.
2) We are unlikely to dispose of property however, if we did sell property (say for strategic reasons) the funds would be used to purchase more property - so yes!

After careful consideration and feedback from multiple sources, we have taken the decision to increase the length of the buy back process to 30 years!
 

What important facts are missing and what would you like to know? I'm happy to explain?

1) We are based in the UK and governed by UK law
2) We have been successfully providing student accommodation for almost 40 years (winning multiple awards) why would we need a business plan now?
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?
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.
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.
6) We expect the first buyback to be performed in 3-6 months.
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.

Let me know what you want to know and I'll provide what I can.