Investor Relations: Tennessee Residents
The offers to Tennessee residents are being made with reliance upon Tennessee’s crowdfunding exemption as specified by subdivision (a) (13) (A) of Tennessee Code Annotated Section 48-1-103(a), which allows “un-qualified” investors to participate. This posting is not an offer to sell nor a solicitation for investment. An offer can only be made by the private offer memorandum. To further purse lending or investing please contact Paul Lucking via email Paul.Lucking@1417llc.com with your contact information or call (O) 615.377.8558
Loan with Personal Guarantee: Five hundred dollar increments. Interest rate of 4.5%, interest only paid quarterly (April 5, July 5, Oct 5 and Jan 5) for the prior 3 months (1.125% of balance), principle can be paid at the end of any quarter, maturity 36 months.
Loan: Five hundred dollar increments. Interest rate of 6%, interest only paid quarterly (April 5, July 5, Oct 5 and Jan 5) for the prior 3 months (1.5% of balance), principle can be paid at the end of any quarter, maturity 36 months.
Bond: One thousand dollar increments. Interest rate of 7%, compounded quarterly. Maturity 36 months. At maturity holder will receive principle and interest payment.
Convertible Bond: One thousand dollar increments. Interest rate of 8%, compounded quarterly. Maturity 48 months. At maturity holder has option to receive principle and interest payment or convert bond principle and interest balance to an equity position at the ratio of .05% (.0005).
Equity: One thousand dollar units. Equity valued at .05% per unit. The company expects to review the company's financial condition monthly and may increase or decrease the purchase price of units going forward on a monthly basis. The company would have first right of refusal for any repurchase of units, existing members would have a second right of refusal for purchase of other members' units. The company limits units available for this program to 20% of total equity. The company expects to offer unit buy back in the future.