Up to 800,000,000 shares of Common Stock, par value $0.0001, for a maximum offering amount of $6,000,000.
Offering price per share: $0.0075 per share.
Minimum subscription: There is no minimum subscription.
Shares outstanding before the offering: 2,122,000,848 shares of Common Stock and 8,325,390 shares of Preferred Class A Stock as of July 1, 2021.
Shares outstanding after the offering:(1) Assuming this offering is fully funded, there will be 2,922,000,848 shares of Common Stock issued and outstanding and 8,325,390 shares of Preferred Class A Stock issued and outstanding.
Best efforts offering: We are offering shares on a “best efforts” basis through our Chief Executive Officer, Mr. Greene, who will not receive any discounts or commissions for selling the shares. There is no minimum number of shares that must be sold in order to close this offering.
Restrictions on investment amount: Generally, no sale may be made to you in this offering if the aggregate purchase price you pay is more than 10% of the greater of your annual income or net worth. Different rules apply to accredited investors and non-natural persons. Before making any representation that your investment does not exceed applicable thresholds, we encourage you to review Rule 251(d)(2)(i)(c) of Regulation A. For general information on investing, we encourage you to refer to www.investor.gov.
No Escrow account: We have not engaged an escrow agent for this offering. Funds invested will be deposited directly into our company’s operating account and immediately available for our use.
Termination of the offering: This offering will start on the date this Offering Circular is declared qualified by the SEC and will terminate at the earlier of: (1) the date on which the maximum offering amount has been sold, (2) exactly 365 days from the date the Offering Circular is qualified by the Securities Exchange Commission, or (3) the date on which this offering is earlier terminated by us in our sole discretion.
Use of proceeds:
We estimate that, at a per share price of $0.0075, the net proceeds from the sale of the 800,000,000 shares in this offering will be approximately $5,900,000, after deducting the estimated offering expenses of approximately $100,000.
We intend to use the net proceeds of this offering for working capital expenses. See “Use of Proceeds” for details.
Market for our Common Stock: Our Common Stock is currently quoted on the OTC Pink Market under the trading symbol “INKW”.
Risk factors: Investing in our securities involves risks. See the section entitled “Risk Factors” in this offering circular and other information included in this offering circular for a discussion of factors you should carefully consider before deciding to invest in our securities.
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