A Simple Plan…
To encourage investment security and stability.
The official value of Ombus is the current silver per ounce price $USD.
Ombus (the issuer) will buy back Ombus coins from the market for up to 2 times the current silver per ounce price after every 1 million Ombus sold.
This is how it works…
- After every 1 million usd of Ombus sold from the issuer, trading by the “issuer only” will be suspended;
- Current per ounce market price of Silver will be recorded at that time. This price will be pegged as the lowest buy back price;
- The issuer (Ombus.org) will then proceed to spend up to 50% of sales proceeds to buy back Ombus coin from the market for up to 2 times the pegged lowest price;
- Details of buy back including price peg will be posted on the home page of this website with at least 2 business days notice prior to commencement of buy back.
- The issuer (Ombus.org) reserves the right to change the parameters of this plan.