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equity raise


once the crowdfund closes and you go to other accredited investors (or perhaps this already occurring?) will they be investing into same llc at same value ?

Yes, valuation remains the

Yes, Same LLC and yes valuation remains the same for the first $4 million of equity. Valuation and class of units will change after the first $4 million for the remaining 3 million.

To be clear, the first $4

To be clear, the first $4 million raised will be considered debt and paid a 7% dividend starting the day the investment is funded. At project completion the "loan" is converted to equity at a 10% discount or $.90 per unit. After the first $4 million raise, the balance of 3 million will be equity at $1.00 a unit .