Hangover Joe's Holding Corp. (fka HJOE)

[Luxeguy]

It can actually be used any the way the company see fit to service debit run production etc. See it says 500K but here is how crowd funding works. Take a site like Kick Starter this is not for like business but its an example since I don't know which sites Hangover Joe's will use to crowd fund. You set a goal of 500K that called 100 percent to goal so you reach the goal but you can over subscribe. Meaning once they get to 500K it could go to say 1.2mm or something if its a successful raise this happen you can raise way past the goal and happen quite often in crowd funding , the key is the people who are in at 500K have to agree for the others to gain shares and they usually do because it raises more money for the company. Crowd funding has been going on like on kickstarter.com for artist etc. and lots of site but now there will be sites that will allow companies like Hangover Joe's to crowd fund for business. This allows them to harness the power of the internet and its just not the USA its global investing so you could have someone in China or the UK buy in etc. People world wide can invest. This can be massive in many ways for the company to use as a tool to raise dollars now.