Backpack isn't just a copycat script from a compliant Hong Kong entity, is it?

No matter how grandiose the project team claims, the chips they print are free and infinitely supplyable—you can have as many as you want.
Just buy it. After the tokens are issued, they can even turn around and issue stocks.
Anytime someone tries to split out and promote their own coin rights + equity, only equity is truly valuable. Coins that are not protected in any way—haha. What we really need now are assets that can grow together with the company.