Haitian Dollar Inc. Issues Update to Prior Investors and Clarifies Regulatory Status
BALTIMORE, MD — Haitian Dollar Inc. (CIK 0001906040), the Maryland corporation behind the Haitian Dollar digital settlement project, today issued a formal update to its prior investors and clarified its current regulatory posture.
The company confirmed that it is not currently offering or soliciting securities of any kind. The company's most recent Form D notice, filed under Rule 506(b) of Regulation D with the U.S. Securities and Exchange Commission in July 2022, covers an offering that has since concluded. No new securities have been issued since that filing.
"This update is intended to serve two purposes," said Honson Luma, Founder and Chief Architect of Haitian Dollar Inc. "First, we want to be transparent with the public that we are not raising capital. Second, we owe our earliest supporters a clear accounting of where the project stands."
Architecture Evolution Since 2020
Since the project's initial 2020 concept, Haitian Dollar Inc. has made several structural changes to its technology and positioning. The company confirmed the following:
- Blockchain Infrastructure: The Haitian Dollar token (HTD) has migrated from Bitcoin's Omni Layer protocol to Base, an Ethereum Layer 2 network. The migration provides sub-second transaction finality, sub-cent fees, and native account abstraction for gasless user experiences.
- Supply Model: The original fixed-supply model has been replaced with an elastic supply model. HTD is minted when a user deposits Haitian Gourdes and burned when a user redeems them. Circulating supply mirrors the MonCash reserve at a fixed ratio of 1 HTD to 5 HTG.
- Regulatory Positioning: HTD is now structured as a redemption receipt rather than a stablecoin. The distinction provides regulatory clarity. HTD is not pegged to the U.S. Dollar; it floats in dollar terms with the Haitian Gourde, while the 1 HTD = 5 HTG convention remains fixed.
- Intellectual Property: "Haitian Dollar" is registered as a federal trademark with the United States Patent and Trademark Office under Registration No. 6,267,276 (Serial 88319997).
- Web Presence: The company has rebuilt its public presence at haitiandollar.com, including White Paper v2.0, a live market rate index, and updated compliance disclosures.
Unchanged Thesis
Despite the architecture changes, the company stated that the core thesis of the project remains intact. The Haitian Dollar is an informal unit of account that Haitians have used for over a century to quote prices, negotiate wages, and settle trades. It has no physical banknote and no central authority backing it. HTD formalizes that convention on modern cryptographic rails.
Status of Prior Holdings
Haitian Dollar Inc. confirmed that prior investors who participated in the 2022 offering retain their holdings as recorded in the company's corporate ledger. No action is required from prior investors. The instruments they hold remain in good standing under the original Reg D filing.
No action is required from prior investors. Your holdings remain in the corporate ledger and will be honored according to the terms under which they were issued.
The company stated that any future financing round would be conducted under a separate corporate action and would require a new Form D filing with the SEC.
Current Project Status
Haitian Dollar Inc. is currently operating in closed engineering and pilot preparation mode. The company is finalizing the Phase 1 pilot framework for B2B supplier and merchant settlement in Port-au-Prince, Haiti. The project is pre-revenue and pre-public launch.
The company is not accepting new investors and is not offering securities for sale.
About Haitian Dollar Inc.
Haitian Dollar Inc. is a Maryland corporation incorporated in 2021. It is a Reg D 506(b) issuer (SEC CIK 0001906040) and holds the registered trademark for "Haitian Dollar" (USPTO Reg. 6,267,276). The company builds digital settlement infrastructure for the Haitian Dollar, the informal unit of account equal to five Haitian Gourdes.
Contact
Executive Inquiries:
admin@haitiandollar.com
Legal & Compliance:
legal@haitiandollar.com
Website: haitiandollar.com
L'Union Fait La Force.
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