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Re: ProfitChaser post# 13945

Tuesday, 09/25/2018 3:45:51 PM

Tuesday, September 25, 2018 3:45:51 PM

Post# of 28144
Thanks PC but you are the much better trader. VSTR's CFO introduced the investors at Braidy Industries investor presentation today. VSTR instrumental in getting Braidy to do a Regulation CF offering, allowing people like you and me to be early investors in Braidy Industries. Without that, only "accredited investors" could participate. The fact that VSTR was even there shows their emergence into the big money world.

"Braidy announced last week it has commenced a common stock offering to raise up to $400 million. The offering is primarily directed at institutional investors, but a portion of the offering has been reserved for Main Street investors under the SEC's CF rules adopted under the JOBS Act. In connection with the offering, Braidy launched its investor road show Tuesday for accredited investors. The event was live-streamed Tuesday by MyTown TV.

A press release from the company said the offering provides the opportunity to purchase Braidy Industries’ common stock for $18 per share. Braidy is offering $1,070,000 in common stock, the maximum allowed under a Regulation CF offering, and $400,000,000 in common stock in its parallel Rule 506(c) offering available to accredited investors only. The offering is expected to be held open for a six-week period. To read about the Braidy opportunity and purchase its common stock, the company urged those interested to visit the website of Netcapital’s crowdfunding portal at www.netcapital.com/companies/braidy.

The company said in SEC filings last week and again on Tuesday that Braidy is applying for $1 billion in debt financing from the federal Department of Energy to help finance its aluminum mill. The company said this presents the lowest interest rate possible. It is also working on export credit support from the German government in an amount of up to $500 million to cover much of the expected cost of the equipment to be purchased. And, it is seeking to raise additional capital from investors for a mill that the company said will produce hundreds of high-paying jobs in the region."

http://www.dailyindependent.com/news/we-are-going-to-do-it-braidy-industries-launches-stock/article_5c164b48-c0f4-11e8-864d-2b6aa1bbb790.html

Braidy Industries is a fascinating story, with much hope.
https://www.braidyindustries.com/

My posts are my opinion. Do not be influenced by anything you read on any message board website unless you can confirm it.

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