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Re: mstoneinv post# 163164

Wednesday, 06/29/2016 1:43:50 PM

Wednesday, June 29, 2016 1:43:50 PM

Post# of 173236
I'll triple down---a unit is not a single share---it is 750K shares with a minimum investment amount of $3K up to $2M...

now again, insults or not, please point out the "staggering" difference between Liberty's offering and the "min-max" example...

We are offering units consisting of 750,000 shares of common stock and warrants to purchase 375,000 shares of common stock at a purchase price of three thousand dollars ($3,000) per unit.



WHAT IS A MINIMUM – MAXIMUM OFFERING? (CALLED A MINI-MAXI OFFERING)
Companies may offer to sell investors a minimum amount of securities and a maximum amount of securities in an offering. That way a company may break escrow when the minimum amount of the offering is raised. On an all-or-nothing offering, the company must raise the entire amount of the offering before it can break escrow.

Example: XYZ Company is offering a Minimum Offering of 100,000 shares of common stock for $1,000,000 and a Maximum Offering of 1,000,000 shares of common stock for $10,000,000.



re: your edit- Example: XYZ Company is offering a Minimum Offering of 100,000 shares

yes, the wording is different-- yes, Liberty did not spell out a minimum offering amount--they spelled out a minimum share/dollar amount...I understand your point--not sure it is a definition dealbreaker the way it is (or not) worded...

also not sure the words UP TO $2M don't break your "all or nothing" posit...

WHAT IS AN ALL-OR-NOTHING OFFERING?
Most companies decide on how much money they want to raise and the amount of securities they want to sell for this amount. If a company decides that they need, for example, $5,000,000.00 and cannot succeed without this amount, they will proceed with an “all-or-nothing” offering. Under this type of offering, the Company cannot break escrow until the entire amount of money is raised (for instance in our example, that amount would be $5,000,000).






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