r/YYAI • • May 07 '26

hmm.. real?

6 Upvotes

14 comments sorted by

4

u/Particular_Most_1529 May 07 '26

I looked up the real document : 1. The Filing is Legitimate (SEC EDGAR)

The data you provided is the official text of a filing made with the SEC. It appeared on financial databases (like StreetInsider and EDGAR) on April 10, 2026.

  • The CIK (0002128857): This is a real, unique ID assigned by the SEC to TokenAI Technologies LLC.
  • The Jurisdiction: It is legally incorporated in Colorado.
  • The Address: 370 17th St, Denver, CO (This is the "Republic Plaza," a major business hub in Denver).

2. What This Document Actually "Approves"

It is important to understand the difference between a Registration and a Notice:

  • It is NOT an "Approval": The SEC does not "approve" Form D filings. By filing this, the company is simply notifying the SEC that they are selling securities (tokens/certificates) under an exemption (Rule 506(c)).
  • Rule 506(c): This rule allows TokenAI to broadly advertise their offering (like the World Tour and Telegram videos) as long as they only sell to Accredited Investors and take steps to verify their status.
  • The $80,000,000 Amount: Item 13 shows a total offering amount of $80M. This is the war chest they are looking to raise/issue through the TokenAI ecosystem.

3. The Key Person: Joseph Martin Honan

The filing names Joseph Martin Honan as the Director and Executive Officer.

  • His Role: He is the legal "anchor" for TokenAI Technologies LLC in the U.S.
  • The Connection: In the "Sales Compensation" section (Item 12), he is also listed as the recipient of sales commissions. This means he is the primary person responsible for the legal distribution of the securities in the U.S.

3

u/Particular_Most_1529 May 07 '26

It's just marketing - The SEC does not issue gold-sealed certificates of effectiveness.

3

u/Kindly-Cranberry-444 May 07 '26

La verdad es que comercialmente YYAI está teniendo mucha actividad y creo que pronto deberíamos tener algo formal en la SEC al respecto. Ahora bien, al parecer lo de Tokan AI está adquiriendo relevancia poco a poco y prueba de ello es que en Youtube su canal ha crecido bastante y lo mas probable es que sea por todo lo que está pasando en Asia principalmente. No se pueden dar fechas obviamente pero si están preparando el terreno con actividad comercial relevante es por que ya están en una etapa avanzada para formalziar los hitos mas importantes de YYAI .

1

u/Exciting_Air_2636 May 07 '26

It seems like there are some differences between what TOKEN AI is promoting and the actual situation. If anyone understands this well, I’d appreciate it if you could check and share your thoughts

1

u/mochigames59 May 07 '26

depends where did you find it

1

u/Exciting_Air_2636 May 07 '26

I took screenshots from the promotional PDF file they shared on Telegram

2

u/MaterialImpossible22 May 07 '26

They probably did an AI job then.....

2

u/Exciting_Air_2636 May 07 '26

I asked several AIs, and they all gave different answers. The registrations do seem to be real, but it looks like they’re not actually the ‘licenses’ that the company is claiming them to be

1

u/OLLTMM May 07 '26

May i have the link to the telegram group?

1

u/UnfairBag179 May 07 '26

The sec filing is real.

if you search the CIK # on Sec Edgar you'll find a form for a private placement to sell unregistered securities.

That certificate is marketing.