Yes, anyone can own shares in a UK based Company.
No, Chatwise Trust has committed to give these shares complimentary. Chatwise will never ask anyone claiming shares for any money. Please do not share any bank details with anyone in relation to Chatwise shares.
Yes, anyone can be a shareholders in a UK based Company.
Chatwise Trust holds nearly 60% of all outstanding shares as at 15 January 2024. All these shares have been set aside to be given away to the beneficiaries. There are restrictions placed on creation of any new equity ( See Trust documents) to ensure beneficiaries control a meaningful share of atleast 40% to be genuinely community Owned and have a meaningful role in the governance .
If public continue to download and use Chatwise app, and company continue to grow, value will increase simply by nature of how stock markets work. you will be able to sell shares at a future point when company has undertaken an IPO. Please note this is not a 'get rich quick ' scheme. Chatwise is an early stage company and the value of shares will depend on the number of people switching and using chatwise apps. Chatwise Trust will be open and transparent about the usage and give its shareholders regular updates.
No.
Chatwise Trust is obligated to give shares complimentary in line with the purpose of the company. Please do not give your bank account details to anyone on behalf of the chatwise. The only way to receive chatwise shares is by downloading and using chatwise android or IOS Apps and using the mechanism defined within the app or on our website Chatwise.CO.UK
If the company announces a buy- back programme, the Board of the company will determine the price based on the number of active users, growth rate of users, growth projections and other factors that will aim to reflect the fair market price of the bussiness.