The Business Plan describes how Pacio is projecting a net profit of US$10.8 billion by 2027 and a valuation of US$216 billion based on a PE ratio of 20.
A valuation of $216 billion provides capital gains for STO investors of 431,900% as shown in the table below.
The planned 10% dividend of $1 billion in 2027 gives dividend returns to STO investors of 2,000% per annum.
The returns are so high because of the high profit potential of Pacio’s business model and the gearing provided by the planned use of debt financing after the STO.
$1.4 million in seed funding for Pacio was raised via a seed token sale in 2017/2018 subsequently converted to convertible notes (CNs) in the STO, plus private placements for CNs in 2019 and 2020.
Pacio’s authorised capital is US$50 million made up of one class of ordinary shares divided into 50 million shares with one vote for each share. The PIO token is an equity token or digital share certificate for ownership of one share in Pacio. Each share or PIO has full and equal rights i.e. dividends, capital gains, and voting.
The Pacio Core Ltd Memorandum and Articles of Association were amended in November 2020 to increase the authorised capital and to provide for tokenised digital share certificates in preparation for the STO.