How do fans of the emerging Security Token industry expect to achieve successful outcomes?
1. Most OTC stocks generate negative returns (~-25% a year). See attached graph.
2. Most Reg A's lose money (25% - 60% post IPO). See attached graph.
3. Yet private placements generate better returns than the S & P. See attached graph.
Therefore, it is not liquidity itself that determines value.
How will the emerging Security Token market achieve the values of the private market and not become a land of the "undead" like the OTC and Reg A markets?