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420 Real Estate, LLC

Real Estate Investment in the Hemp Industry
INVEST

09dd05hh

Time left to invest

Minimum target reached (accepting oversubscriptions)

min$10k

max$1070k

funding goal 

$10k - $1070k

funding goal 

Regulation CF

exemption used 

Regulation CF

exemption used 

$2,500,000

pre money valuation 

$200.00

min investment 

$975,700

amount committed 

2307

investors 


Security Type
Convertible Note
15% Interest
10% Conversion Discount

How To Invest

 

Pitch

Who are we

  

Hemp is a type of cannabis plant that does not contain the psychoactive ingredient that produces the “high” associated with the plant and can be used in producing construction materials, rope and plastics.  Hemp also contains the cannabinoid CBD, which is widely held to have health benefits.

420 Real Estate LLC, is a diversified investment vehicle that acquires and leases specialized real estate assessing the hemp industry. Our senior management team has significant experience in all aspects of the real estate industry, including acquisitions, dispositions, leasing, development, management, and finance.

 

 

Farm Act of 2018

The Hemp Farming Act of 2018 was a proposed law to remove hemp (defined as cannabis with less than 0.3% THC) from Schedule I controlled substances and making it an ordinary agricultural commodity. Its provisions were incorporated in the 2018 United States farm bill that became law on December 20, 2018.

We build tangible value through hard assets (equipment) and real estate.  The low-risk participation in a billion-dollar sector, and the retention and valuation growth of a hard asset that can be quickly and easily repositioned if needed. We are high growth, low risk, and legislation immune.  

 

 

Hemp Growth in the US

Hemp’s remarkable growth is drawing the attention of a diverse group of investors, entrepreneurs, and policymakers. Many new entrants to the hemp industry have no familiarity with cannabis; others are longtime marijuana operators looking for new opportunities. All are facing dramatic headwinds as hemp processing struggles to keep up with investor and consumer enthusiasm for the plant.  

We plan to take advantage of this market opportunity by purchasing the facilities of state-licensed growers with a focus on properties that we believe also have the potential for long-term appreciation in value. We believe that our sale-leaseback solutions offer an attractive alternative to licensed cultivators who lack access to traditional financing alternatives.  Though land improvements we may increase the lease rate, or subdivide the farm to bring in more tenants, thus increasing to total passive revenue.

 

 

Problem

 

GROWERS REDUCED PROFIT MARGINS

As more growers enter the cannabis market, the cost per pound of product decreases, which forces reduced profit margins for growers. Growers need to solve for reducing their production costs while increasing their crop yields and cycles to obtain higher profit margins. Considering the inherent costs [rent, electricity, environmental controls, equipment needed and its maintenance costs, expertise needed to operate complex equipment and the costs of standby failure prevention equipment like generators, backup grow lights, computers, industrial fans, humidity control and much more] to achieve this solution, growers are seeking rural farms with less overhead and technology dependency and risk.  

 

RISKS OF PLANT TOUCHING COMPANIES

Plant touching companies face a high degree of risk as cannabis remains federally illegal. While many states have legalized the growth and use of cannabis, plant touching companies must adhere to strict guidelines to meet compliance requirements. Beyond state compliance and being inherently riskier, these companies also face issues unique to them such as banking, financing, funding and being unable to avail themselves of federal protections, such as bankruptcy should their businesses fail.  

 

Solution

 

420 Real Estate solves the problems faced by growers while remaining immune to changes in legislation by focusing on the underlying real estate asset and being non-plant touching. We have followed the tried and true model of land banking, land leases, and land asset appreciation. We are able to benefit from the high lease rates of a licensed cannabis farm, the premium location in coastal California, and the valuation increase by doing property improvements that increase the farm's lease rate, but also the property value as a growth farm that can accommodate multiple high value crops, making it a high yield facility.

 

In this manner, we have multiple layers of security, as well as multiple layers of value creation.

 

Our Company has entered into a contingent acquisition of farms and facilities licensed for cannabis operations ideally suited to address the concerns of growers. One particular farm has 293,000 square feet under canopy with room for expansion.  Not only can it produce more based on total square feet, but it can produce for less.

 

Furthermore, at any point, a grower can increase crop yield by implementing a completely closed grow facility in the same location, potentially a 2 story or vertical closed farm in a small unused part of the lot if demand required it. 

  

As an open space farm with greenhouses, we are ready to reposition the farm for an alternate high-value crop, through the improvements that favor cannabis, we also add transferable value to another tenant who is not a cannabis grower, and if legislation doesn't change and the demand for cannabis grow spaces continues to increase, we can subdivide the farm and through technology improvements have both greenhouse facilities, as well as high yield, closed space facilities. 

 

We have a long-term lease with a very profitable and stable tenant, thus we create a passive revenue stream. 

 

Though land improvements we may increase the lease rate, or subdivide the farm to bring in more tenants, thus increasing to total passive revenue.

 

Achievement & Traction
  • We have researched and identified the highest value improvements to opportunities that promote land appreciation, tenant commitment to long-term contracts, higher lease rates, and is easy to reposition the property without waste based on investment during the improvement phase. 

 

  • We have engaged with several groups to discuss and be advised as the best way to position our company for a near term exit in the 5-year mark. We are contemplating and discussing with advisors, the second round for continued growth, a move to an IPO or mini IPO, or an equity sale to a public company. 

 

Market

The industrial real estate sub-market currently is performing quite well with vacancies in most, if not all, markets at historical lows due to many factors, including the move away from retail locations to local distribution locations for online retailers. The evolution of retail shopping is driving industrial real estate demand. Green Street Advisors estimates the increase in e-commerce has led to a 20% annual increase in industrial real estate demand, equating to 30-40 million square feet of space. Green Street estimates 1 million square feet of additional industrial space is required for every $1 billion in online sales. Same day delivery, transportation expenses and access to a strong labor pool are creating the need for e-commerce tenants to increase the quality of their locations.

 

Leasing or owning industrial properties well outside of urban markets to take advantage of lower costs no longer work in an environment in which same day delivery is expected by customers. Demand from e-commerce distribution is putting pressure on other non-traditional users of industrial space creating a great backdrop for owners of the industrial real estate.

 

According to Collier’s International, the U.S. industrial vacancy rate declined for the 22nd consecutive quarter in the first quarter of 2016, declining 10 basis points to 6.3% and down 70 basis points from the first quarter of 2015.

 

Almost 64 million square feet of the industrial real estate was absorbed in the first quarter of 2016, an increase of 9.6% year over year. Due to the lower vacancy rate, asking rates increased for the 18th consecutive quarter, according to Colliers.

 

This supply/demand dynamic creates a significant opportunity for owners of industrial facilities, particularly those focused on niche categories, as options are limited for tenants requiring specialized buildings. We intend to purchase specialized industrial properties that are mission critical to the medical-use hemp industry.

 

 

 

 

Competition

In California, competition has been mainly in Northern California, Humbolt County and larger re-zoned agricultural areas north of Marin County. Southern California has seen an increase in cannabis grow license applications, yet many are focused on central and urban sites. On the coast, we have seen limited competition due to the high cost of real estate, and the use of said real estate for luxury and commercial use vs agricultural. Our location is ideal in that it was an old agricultural site with freeway access and niched in a small pocket very close to the coast.

 

These large multi acre lots are not easy to find. As there is still a risk of inter-state transportation, we do not feel other state growing facilities are competitors.

 

We are primarily competing against the established large operations in Northern California, and the expensive to setup and operate urban reconversions as seen in Los Angeles / Ventura Counties.

 

Furthermore, we see a competition with the growing urban locations reduced by the barrier to entry. It's difficult to find a large enough urban commercial location that can be zoned for hemp growth operations, the facility has to be retrofitted to meet higher electrical standards at a huge cost, environmental controls and other needed infrastructure to support the growth operation are extremely expensive and expected by a leasing client as existent or to be included in tenant improvements (sunken cost). The operating cost to the tenant is much higher, and hemp operations are penalized with high energy peak rates that diminish profits. 

 

Our open space, greenhouses have a  reduced operating cost to the tenant, as through our improvements we will build higher value into the property and the usability which means higher lease rates.  A tenant can afford these higher lease rates as they are still lower when the urban operation costs are factored in.

 

 

Business Model

Our business model has 2 core components: 

 1.- Lease the asset through a long-term lease contract.  This is a very stable and predictable revenue stream as there is marginal overhead, and through our property improvement and potential inclusion of clean energy multiple tax deductions available that will mitigate the reduction or EBITA and increase net profits.

 

 2.- Asset appreciation. Very traditional hold strategy. We have a premium coastal California farm with easy freeway access, private commercial area, and extremely near the coast.  Over time as we improve the property, the lease value goes up, and the ability for the farm to be repositioned to alternative crops is consolidated. That way even in the event of a change of legislation we can position the farm as ready and viable for other high yields / high-value crops like hemp or niche culinary, which fetch similar or even higher prices than hemp. 

 

Our long-term strategy is to look at additional farm acquisitions and build a portfolio of high-value assets and potentially position the company for a buy-out from a public company.

 

As previously stated, 420 Real Estate is a real estate focused non plant touching business. We own, improve, manage, and lease real estate approved, licensed, and zoned for cannabis growth at a premium.  Yet, we directly benefit from the exponential growth of the hemp sector.

 

The Hemp Industry

One of the goals of the 2014 Farm Bill was to generate and protect research into hemp. The 2018 Farm Bill continues this effort. Section 7605 re-extends the protections for hemp research and the conditions under which such research can and should be conducted. Further, section 7501 of the Farm Bill extends hemp research by including hemp under the Critical Agricultural Materials Act. This provision recognizes the importance, diversity, and opportunity of the plant and the products that can be derived from it, but also recognizes an important point: there is a still a lot to learn about hemp and its products from commercial and market perspectives. Yes, farmers—legal and illegal—already know a lot about this plant, but more can and should be done to make sure that hemp as an agricultural commodity remains stable.

 

 

Team

Willard L. Jackson, Jr.

 

 A native of Denton, TX, Willard L. Jackson, Jr., is an innovative, seasoned entrepreneur with a strong track record of superior operational success. Mr. Jackson currently serves as Vice Chairman of the Board of CVG Group, LLC., of which he is also a Co-Founder. CVG is a private investment group, which counts among its portfolio companies Ebony Media Operations and Starline Luxury Coaches, of which Mr. Jackson is the Vice Chairman.


Mr. Jackson has a stellar, 20-year record of providing highly-experienced executive leadership, resolving complex business challenges, as founder, owner and CEO of MetroplexCore Industries--a provider of environmental site assessment, project management, and tank cleaning services to the oil and gas industry.


Willard also currently serves as Chairman of the Board and Chief Executive Officer for Offisol--a management consulting and staff augmentation company. Additionally, Willard has skillfully overseen projects for a number of Fortune 100 clients, including Chevron USA, ExxonMobil, Shell, and Conoco Philips.


A graduate of the University of St. Thomas with a Bachelor's Degree in Business Administration, some of Mr. Jackson's major accomplishments include but are not limited to: 2002 Presidential Appointee to the Federal Home Loan Bank Board of Directors, where he served until 2008; and 1995 Texas Gubernatorial Appointee to the Board of Regents of Texas Southern University, serving as Chairman from 1997 to 2003.

 

Use of Funds

 

 

High demand real estate licensed for hemp cultivators.

 

Updates

Willard Jackson
Willard Jackson5 months ago

 

FAQ

 

What type of return do I get for my investment?

Each subscription consists of a 15% Convertible Note (each, a “Note” and, collectively, the “Notes”) that matures eighteen months from the date of issuance, and at Company’s option, is convertible at a 10% discount into the public market (the “Convertible Note”).

 

Where can I get more information?

All of the investment particulars are found in the offering statements.

 

Is there an email where I can request more information?

Please send all questions to info@fundanna.com

 

How long does it take to receive a return?

Each subscription matures eighteen months from the date of issuance, and at Company’s option, is convertible at a 10% discount into the public market.

 

Will I get hard copies of my investment?

Currently, all investment documents are sent digitally.  No hard copies will be provided

 

Can I invest by paying with a check?  If so, where can I send the check?

Once you've created an account and selected the form of payment to send a check, you'll receive instructions on where to mail the check.  Please note that all investments must be made on this platform by creating an account with Fundanna. 

 

I'm trying to invest in this company, but I don't have a bank account. Is there any other way to invest in this company other than using a bank account

 

Securities regulations require that funds be processed from a bank account. We, unfortunately, have no other means of accepting your funds other than through debit card, ACH or wire.

 

What’s the penalty if I decide to take my money out of the investment?

Please note that the investment matures in 18 months.  You will receive a check at that point unless you decide to convert your investment to stock should the Company offer conversion.

 

I'm interested in investing and giving the shares to certain family members as a gift under their own names. How do I do that?

Yes, you can invest for your family members. Please review the type of investment being offered as well as following the process outlined in the video as well.

 

Please explain exactly what "oversubscriptions" mean?

Oversubscriptions means that the Company set a minimum target goal for funding and that goal has been reached; however, the Company is accepting subscriptions/investments above the minimum target reached.  A subscription is a term used for investment in this context.

 

How do I start the process of investing?

Please select the "Invest" button at the top right of this page to get started.  There's also a video tutorial located on this page.

 

If I start off with the minimum investment can I  invest additional money later?

Yes, you may make additional investments while the Offering is still open.

 

When I sign up another company by the name of fundanna.com comes up. Is that related to the investment?

You are in the right place. Federal regulations require that we use a company to manage the Offering.  Fundanna is the platform/company being used to manage the Offering. 

 

Can a foreigner invest in this venture? If so, what is required?

Anyone can participate in this Offering.  For non-U.S. persons, a wire is required as form of investment payment. 

 

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Q&A


You must be logged in to be able to post a question.

Marvella Sparks
Marvella Sparks - Investoryesterday
How do I make my payment?
Jacinto Verges III
Jacinto Verges III - Investor3 days ago
How will get the returns digitally, and where do I go online to check to the growth?



Jacinto Verges III
Jacinto Verges III - Investor3 days ago
How will get the returns digitally, and where do I go online to check to the growth?



Clay Brown
Clay Brown - Investor4 days ago
My name is Clay Brown,i like to know when can I expect to see some dividends,when will I start seeing movement on my investment.Realy hope to have good news soon so I can continue to invest with you.
Tammy Kennedy
Tammy Kennedy - Investor2 weeks ago
I just established 25 acres as a farm in Georgia, I want to either lease or partner with a hemp grower! Please email Jajasplace19@gmail.com
Darryl Walker
Darryl Walker - Investor2 weeks ago
Once I make the initial $200 investment can I increased it as time proceeds. (PS) My family and I on land into southern states North Carolina in Tallahassee Florida how do I show interest of possibly having 420 Real Estate Ln. investment look into these matters
Darryl Walker
Darryl Walker - Investor2 weeks ago
Are group investment allowed
Kimar Abdul-Samad
Kimar Abdul-Samad - Investor2 weeks ago
I've noticed that Willard L. Jackson, Jr. is ALSO vice chairman of Bangi Inc., which is owned by Dr. Neal Parson.  How is 420 Real Estate, LLC related to Bangi, INC, which is also a cannabis real estate company?  And why does Dr. Parson have a completely separate, but similar offering on this same platform??
Tara Brown
Tara Brown - Investor3 weeks ago
Can you please tell me the normal or estimated time period for when an issuer proceeds to take my disbursement including my payment in order  for me to become a security holder?
Tara Brown
Tara Brown - Investor3 weeks ago
Hello I am a investor and I see that the funds were withdrawn from my account on November 4th however there to an issue with the security holder portion. I wanted to know if there was something that I forgot to do or needed to do in order to complete my investment status/transaction? Also how would I check my current investment status to see how it’s doing?
Tara Brown
Tara Brown - Investor3 weeks ago
Hello I am a investor and I see that the funds were withdrawn from my account on November 4th however there to an issue with the security holder portion. I wanted to know if there was something that I forgot to do or needed to do in order to complete my investment status/transaction? Also how would I check my current investment status to see how it’s doing?
Tara Brown
Tara Brown - Investor3 weeks ago
Hello I am a investor and I see that the funds were withdrawn from my account on November 4th however there to an issue with the security holder portion. I wanted to know if there was something that I forgot to do or needed to do in order to complete my investment status/transaction? Also how would I check my current investment status to see how it’s doing?
Tara Brown
Tara Brown - Investor3 weeks ago
Hello I am a investor and I see that the funds were withdrawn from my account on November 4th however there to an issue with the security holder portion. I wanted to know if there was something that I forgot to do or needed to do in order to complete my investment status/transaction? Also how would I check my current investment status to see how it’s doing?
Ursula Williams
Ursula Williams - Investor5 months ago
I already invited in the hemp, but I would love to invest in the marijuana, something I missed. Is it to late to do it?
Willard Jackson
Willard Jackson - Issuer    
Hi Ursula, You are in the right place. Federal regulations require that we use a company to manage the Offering.  Fundanna is the platform/company being used to manage the Offering. All of the investment particulars are found in the offering statements. Please select the "Invest" button at the top right of this page to get started.  There's also a video tutorial located on this page.  Please send all questions to info@fundanna.com

5 months ago
Pat Medley
Pat Medley - Investor   
In February I purchased shares from your company as advertised on Roland Martin. I have yet to hear from you since that transaction. The funds were debited from my visa account as Prime Inc. Why haven`t I received any communication since the original purchase? I understand you were in your infancy but my documents could have been emailed to me.

5 months ago
Willard Jackson
Willard Jackson - Issuer    
Hi Pat, Currently, all investment documents are sent digitally.  No hard copies will be provided. Please send all questions to info@fundanna.com

4 months ago
Ruby F. Hayes
Ruby F. Hayes - Investor   
Is there any physical office where I can meet and talk to someone? Are there any seminars or lectures ongoing that I can attend? I live in Los Angeles, CA.

3 weeks ago
Phortya Page
Phortya Page - Issuer a month ago
I invested a couple of days ago but the transaction doubled from my account. How do I cancel one of the investments and receive a refund?
Daniel Briscoe
Daniel Briscoe - Investor   
Go to your profile and cancel the additional investment.


4 weeks ago
Anthony Obas
Anthony Obas - Investor4 weeks ago
When will I start to hear something regarding my investment?
Sheryl Woodard
Sheryl Woodard - Investora month ago
How do I track my investment
Willard Jackson
Willard Jackson - Issuer    
Hi Sheryl, Please send all questions to info@fundanna.com

a month ago
Sam Williams
Sam Williams - Investor   
We're you able to track it?

a month ago
Sam Williams
Sam Williams - Investora month ago
Is it still open for investment
Sam Williams
Sam Williams - Investora month ago
Is it still open for investment
Phortya Page
Phortya Page - Issuer a month ago
I invested a couple of days ago but the transaction doubled from my account. How do I cancel one of the investments and receive a refund?
Phortya Page
Phortya Page - Issuer a month ago
I invested a couple of days ago but the transaction doubled from my account. How do I cancel one of the investments and receive a refund?
Phortya Page
Phortya Page - Issuer a month ago
I invested a couple of days ago but the transaction doubled from my account. How do I cancel one of the investments and receive a refund?
Sheryl Woodard
Sheryl Woodard - Investora month ago
How do I track my investment
Kenneth Upshaw
Kenneth Upshaw - Investor2 months ago
I pressed confirm and nothing happened. What could I be doin g wrong?
Willard Jackson
Willard Jackson - Issuer    
Hi Kenneth, Please send all questions to info@fundanna.com

 


2 months ago
Lannon Wilson
Lannon Wilson - Investor3 months ago
if we sent a check, how will we know that you all have received it?
Willard Jackson
Willard Jackson - Issuer    
Once you've created an account and selected the form of payment to send a check, you'll receive instructions on where to mail the check.  Please note that all investments must be made on this platform by creating an account with Fundanna. Please send all questions to info@fundanna.com

3 months ago
Cynthia Owens
Cynthia Owens - Investor   
How much is 10%, and is every eighteen month are we going to recieve a check or just one time

2 months ago
Cynthia Owens
Cynthia Owens - Investor   
How much is 10%, and is every eighteen month are we going to recieve a check or just one time

2 months ago
Cynthia Owens
Cynthia Owens - Investor   
How much is 10%, and is every eighteen month are we going to recieve a check or just one time

2 months ago
Cynthia Owens
Cynthia Owens - Investor   
How much is 10%, and is every eighteen month are we going to recieve a check or just one time

2 months ago
Lee      Ann Bennett
Lee Ann Bennett - Investor2 months ago
How do I change from sending my payment by check to transfer the payment
Willard Jackson
Willard Jackson - Issuer    
Hi Lee, Please send all questions to info@fundanna.com

2 months ago
Martha Simmons
Martha Simmons - Investor2 months ago
How long before money is taken from my account
Willard Jackson
Willard Jackson - Issuer    
Hi Martha, that depends on your payment method use to fund your investment. Please send all questions to info@fundanna.com

 


2 months ago
Datony Dobbins
Datony Dobbins - Investor2 months ago
Hello I am a investor and I don’t know how to check my current investment to see how it’s doing. What should I do
Willard Jackson
Willard Jackson - Issuer    
All of the investment particulars are found in the offering statements. Please send all questions to info@fundanna.com

2 months ago
Queen W-Hardy
Queen W-Hardy - Investor2 months ago
How Can
I Invest Under
My Companies Name ?
Do You Have
The application to fill out under
A
Company's name ?
Willard Jackson
Willard Jackson - Issuer    

 Fundanna is the platform/company being used to manage the Offering. Please select the "Invest" button at the top right of this page to get started.  There's also a video tutorial located on this page.


2 months ago
Yvonne Jones
Yvonne Jones - Investor2 months ago
I was wondering why you guys extended the enrollment I thought it was closing on September 11
Deborah Washam
Deborah Washam - Investor3 months ago
where do I send my check
Willard Jackson
Willard Jackson - Issuer    
Hi Deborah, Once you've created an account and selected the form of payment to send a check, you'll receive instructions on where to mail the check.  Please note that all investments must be made on this platform by creating an account with Fundanna. 

2 months ago
Sam Williams
Sam Williams - Investor2 months ago
Once i make a minimum investment, will i be able to invest more during the 18 month maturity?
Willard Jackson
Willard Jackson - Issuer    
Hi Sam, as long as the deal is still open and your investing limit is not yet met you can still invest more on the deal.

2 months ago
Quentin Parker
Quentin Parker - Investor3 months ago
I need the address of the escrow company to submit my investment check. I have confirmed my investment online, but where do I send the investment check?
Willard Jackson
Willard Jackson - Issuer    
Hi Quetin,Once you've created an account and selected the form of payment to send a check, you'll receive instructions on where to mail the check.  Please note that all investments must be made on this platform by creating an account with Fundanna. Please send all questions to info@fundanna.com

2 months ago
Mr. Renee Wagner
Mr. Renee Wagner - Investor   
When does this offer end?


2 months ago
Willard Jackson
Willard Jackson - Issuer    
Hi Renee,

13dd20hh left for you to invest.


2 months ago
David Omigie
David Omigie - Investor3 months ago
How do I make payment? I have completed the first 2 stages and can't see how to make payment also as I am resident in uk the $200 dollars need to translate to pound sterlin
Willard Jackson
Willard Jackson - Issuer    
Hi David,Once you've created an account and selected the form of payment to send a check, you'll receive instructions on where to mail the check.  Please note that all investments must be made on this platform by creating an account with Fundanna. Please send all questions to info@fundanna.com

 


3 months ago
Jasmine McNeill
Jasmine McNeill - Investor3 months ago
It says my funds are clear but why am i still not considered a security holder? How long does that process take if the funds are clear.
Willard Jackson
Willard Jackson - Issuer    
Hi Jasmine, Please send all questions to info@fundanna.com

3 months ago
Tony Benson
Tony Benson - Investor6 months ago
Hello, I filled out all of the information on the site to invest and as soon as I hit pay the site crashed. Can I contact anyone for help?
Willard Jackson
Willard Jackson - Issuer    
Hi Tony, Please send all questions to info@fundanna.com

5 months ago
Kenneth Atkinson
Kenneth Atkinson - Issuer    
Hi , I made an bank transaction on sunday Sep 8, 2019, but have not seen any withdrawal from my bank yet

3 months ago
Willard Jackson
Willard Jackson - Issuer    
Hi Kenneth,  Please send all questions to info@fundanna.com

3 months ago
Janine Johnson
Janine Johnson - Investor3 months ago
I have land that I’d like to lease to a grower, do you have information on how I can get started?
Willard Jackson
Willard Jackson - Issuer    
Hi Janine,Please send all questions to info@fundanna.com

3 months ago
Rita Akens
Rita Akens - Investor3 months ago
My Name is Rita Akens. I am a investor... How long does it take to See Some Money From Your investment
Willard Jackson
Willard Jackson - Issuer    
Hi Rita, Each subscription matures eighteen months from the date of issuance, and at Company’s option, is convertible at a 10% discount into the public market.

3 months ago
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Documents

Offering Statement View Download
Reviewed Fiancials View Download

Other Disclosures

Read the Form C filed with the SEC for other important disclosures, like financial statements, Directors, Officers, shareholders with more than 20% of voting rights, and more.
Use of Proceeds
The allocation of the use of proceeds among the categories of anticipated expenditures represents management’s best estimates based on the current status of the Company’s proposed operations, plans, investment objectives, capital requirements, and financial conditions. Future events, including changes in economic or competitive conditions of our business plan or the completion of less than the total Offering, may cause the Company to modify the above-described allocation of proceeds. The Company’s use of proceeds may vary significantly in the event any of the Company’s assumptions prove inaccurate. We will retain broad discretion in the allocation of the net proceeds from this Offering, reserve the right to change the allocation of net proceeds from the Offering as unanticipated events or opportunities arise and could utilize the proceeds in ways that do not necessarily improve our results of operations or enhance the value of our Common Stock. Additionally, the Company may from time to time need to raise more capital to address future needs that we may not have anticipated as of the date of this Offering Circular.
Special Note Regarding Forward-Looking Statements
This offering contains forward-looking statements within the meaning of the federal securities laws. We caution investors that any forward-looking statements presented in this offering, or which management may make orally or in writing from time to time, are based on the Company’s beliefs and assumptions made by, and information currently available to, the Company. When used, the words “anticipate,” “believe,” “expect,” “intend,” “may,” “might,” “plan,” “estimate,” “project,” “should,” “will,” “would,” “result” and similar expressions, which do not relate solely to historical matters, are intended to identify forward-looking statements. Such statements are subject to risks, uncertainties and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties and factors that are beyond the Company’s control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. While forward-looking statements reflect the Company’s good faith belief when made, they are not guarantees of future performance. The Company expressly disclaims any responsibility to update forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Moreover, we operate in a very competitive and rapidly changing environment, and new risks emerge from time to time. It is not possible to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this offering may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. We undertake no obligation to revise or publically release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements.
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