Personal Finance and Investing

Last edited Tue Jul 18, 2017, 12:50 PM - Edit history (1)

Did you read this?;

https://www.sec.gov/Archives/edgar/data/1654124/000114420417002964/v456948_253g2.htm

"There is currently no trading market for our Common Stock.
These are speculative securities. Investing in our Common Stock involves significant risks. You should purchase these securities only if you can afford a complete loss of your investment. See “Risk Factors” beginning on page 6."

If you have the appetite for such a risk, go for it. However, this is not even a "Pink Sheets" stock, this is a startup using crowdfunding. As it says in the quote above, there is no trading market for the shares, so if you wanted to sell, you'll have to try and sell back to the company or to another shareholder, and though I didn't read the entire offering circular, I found there is no provision requiring that the company buy back your shares, to wit;

(The last sentence is important)
"SECURITIES BEING OFFERED

We are offering Common Stock to investors in this offering.
Our authorized capital stock consists of 200,000,000 shares of Common Stock, $0.0001 par value per share. 15,000,000 shares of Common Stock are currently reserved under the company’s 2014 Equity Incentive Plan, of which 11,785,000 shares are granted, however, as of the date of this Offering Circular, no options have been exercised. As of August 30, 2016, the company had 137,419,968 shares of Common Stock outstanding.

The holders of our Common Stock are entitled to one vote per share. In addition, the holders of our Common Stock will be entitled to receive pro rata dividends, if any, declared by our board of directors out of legally available funds. Upon liquidation, dissolution or winding-up, the holders of our Common Stock are entitled to share ratably in all assets that are legally available for distribution. The holders of our Common Stock have no preemptive, subscription, redemption or conversion rights."

My opinion? Only use money you can afford to set on fire.