In an email they wrote:
"As you may know already, we are postponing the sale to gain more clarity on the regulatory environment. We want to ensure we are being 100% with all relevant regulatory policies and legal boundaries before moving forward."
The demand of RPX and NEO increases every day, prices surge.
Red Pulse Statement:
"Due to community demand, we are adding to our smart contract a one hour window at the beginning of the RPX sale that limits each contributor to a cap of USD 1,000, with only one transfer allowed per person. Multiple transfers, and transfers greater than USD 1,000 worth of NEO tokens will be refunded.
Following this one hour window, the RPX sale will continue with a higher USD 50,000 cap, as planned previously. In this period, participants will also be limited to one transfer in this period. Note that a contributor may thus contribute once during the one hour window, and subsequently contribute a second time after this one hour period. The total max contributor for a single person is thus USD 51,000 worth of NEO tokens. Contributions received during the RPX sale will not be accepted if any information is missing, or if the NEO wallet address does not match what you submitted."
Red Pulse is obviously focusing on building a regulatory-compliant outfit. The effect intended is a more realistic price movement, making it more attractive to investors from the legacy investment world.
To sum it up. There is a good chance for a bigger price increment within this timeframe (vertical line on chart).
NEO already increased its value almost 50% compared to last week, Bitfinex started NEO trading.
I'm on this token. Since ETH lost much traction since the ICO ban in China there is an even bigger chance for a big pump.
Targets have been set to fib extention as shown in the chart.
TP1: 77 USD
TARGET: 100 USD