Item Banc, Inc. of SC USA and Johannesburg, RSA are offering securities to “accredited investors”, as that term is defined in Rule 501 of Regulation D of the Securities Act of 1933 directly in the U.S., or non-U.S. citizens in offshore transactions, in connection with a Pre-ICO event starting June 10-July 10. These securities represent a SAFT (Simple Agreement For Token)
for the Item Banc Token and are further described in private offering documents identified by Form D filed with the S.E.C. relying upon the exemption from securities registration pursuant to Rule 506(c). The SAFTs can be transferred into the Token on May 1, 2019 or converted after this date into common stock in the Corporation.
Item Banc is a currency valuation technology based on Basic Human Need (BHN) Products. The engine and this model has been in development for twenty years and will beta test its utility token first in the nation of Rwanda. See white paper for details