The ORET a, kick starter token based on ERC: 20, us the means of Paraguay Mineral Mining South African to raise the capital essential to shop the gold wealthy soil plus acquire all the needed tools for the metal processing system. PMMSA will make regularly (weekly terms) ETH deposit of revenues to entire ORET Token owners.
Elevator Pitch
Their target to create electric money that will fully be backed by a firm dedicated to the recovery of costly metals such as gold. The firm, PMM South Africa will allocate 45 percent of the net collection to all ORET Token owners. This allocation will be done on weekly terms regularly.
General Concept
PMMSA has made the ORET Token (digital asset) raise the needed funds for the acquisition of soil, concessions, and plants for taking out and recovery of the metal. ORET Token is one of the 1st choices in the world of digital money to invest and share the earnings of metal (gold) mining firm. Thanks to the block tech, the entire ORET Token owners receive their profits in ETH on weekly terms. Discovered by a native prospector in 96, PASO YOBAI is an emerging gold wealthy soil located in eastern Paraguay. The village of PASO YOBAI is almost 160 KMs east of the capital city, Asunción.
The land of the Association APM covers a full of 84 hectares land, that includes exploration concessions of the earlier mentioned soil. APM holds fully of exploration concessions that cover over 850 meters of the costly metal trend and is completely licensed for recovery.
The first holders of exploration (recovery) concessions done an wider exploration plan and significantly boosted the worth of the land via diamond drilling that returns more than 27 G – t of gold in 6.5 meters and by delineating a probable mineral deposit holding among 61,250 and 157,500 tons with an AVG of 4 g – t and 7 g – t of gold in open pit mine. Drilling to a depth of 150 meters will add 1,322,000 tons an AVG of among 5.5 g – t and 8 g –t.
Revenues for holders
• Every expenses and taxes are paid.
• All the metal extracted by the corporation every week is sold in $ (US dollars).
• The corporation changes 45% of the paper Net Profits in Crypto assets (ETH) for allocation among all ORET tokens controllers.
• In order for ORET Token owners to obtain their profits, their ORETs have to be stored in an ERC-20 well-suited wallet that they have the personal key to. Examples, (my ether wallet, Meta mask, etc.)
• Owners will not obtain payments for ORET Tokens that are on the replace at the time of the paper Snapshot.
• Digital money (ETH) deposits will be made weekly terms to all ORET Token owners.
• For the primary year, 45% of the net income of PMMSA will be distributed in ETH to every ORET Token holders.
• For the 2nd year and their 4th, 40% of the net profit of PMMSA will be distributed in ETH to every ORET Token holders.
• ETH (digital money) deposits of the gross income will start one week after the primary month’s Profit and Loss Report (P and L) are in, which is about one and a half months later than ICO ends. The month's income will be divided into mutually weekly payments for the after that month. The primary profits will come from our Pilot system until their Main system is up and running.
For further info please visit following links:
Website: https://www.oretoken.io/
Whitepaper: https://www.oretoken.io/docs/ORET-Whitepaper.pdf
Telegram: https://t.me/OREToken
Twitter: https://twitter.com/oretoken
BountyMiner username: araya95
BountyMiner website: https://bountyminer.io/register?r=1189600532