THE TAX
Five percent of every $PMAX trade never reaches anyone's pocket. The pool's own hook wires it, trade by trade, into a contract no one can redirect. Nobody signs. Nobody skims. Nobody forgets.
On Nasdaq, PMAX is Powell Max Limited — the Hong Kong shop that typesets and prints the capital markets' paperwork, valued by the market at under two million dollars. On Robinhood Chain, $PMAX is a memecoin whose every trade taxes itself and wires the proceeds into a treasury contract. The treasury buys the stock. The stock shares the token's four letters. The loop closes when the noise appears on the shareholder register.
No dividends. No promised returns. Every number below is read live from the contract — nothing on this page is typed in by hand.
Five percent of every $PMAX trade never reaches anyone's pocket. The pool's own hook wires it, trade by trade, into a contract no one can redirect. Nobody signs. Nobody skims. Nobody forgets.
The treasury does exactly one thing with what arrives: it funds open-market purchases of NASDAQ: PMAX Class A shares. It never sells, pays no dividends, and books every withdrawal with a stated purpose.
Every real-world fill comes back on-chain: share count, average price, cost, and the keccak256 of the broker's confirmation. Above 5% the SEC gets a Schedule 13D — a regulator co-signing the ledger.
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In the chest: — of the — Class A shares in the listed class. 5% is the line where the SEC gets a Schedule 13D — — shares between here and there.
“Acquisition” here is economic. Voting control rests with the founder's controlling stake and cannot be assembled from the open float alone. See Whitepaper, Chapter VIII.