- 2017 Gross Margins: 44%
- SKUs: 40+
- Generated $180,000+ in sales in first year (2017)
- Products sold in 100+ retailers in 30 states and 5 countries
- Retailers include Cosmopolitan Resort Las Vegas, Amazon Prime Now, The Detox Market, and more
- 3000%+ increase in income (2016-2017)
- Advisors include Steve Garcia and Steve Gomez
- Total Amount Raised: US $31,000
- Total Round Size: US $1,070,000
- Seed :
- Minimum Investment: US $500 per investor
- : Crowd Note
- US $4,000,000 :
- Side by Side Offering
You don’t have to identify as a woman to understand our struggles with body image and standards of beauty.
From the time we are children, women internalize a toxic and unrealistic beauty standard. This beauty standard is a currency. If you fit the mold, you are free to move through society with greater ease than the women who don’t.
To make matters worse, the products marketed to women are often loaded with harmful chemicals. 60 percent of what you put ON your skin gets directly absorbed into your bloodstream.
And because the cosmetics industry regulations have been largely unchanged since 1938, much of what we slather onto our body’s largest organ contains carcinogenic and hormone-disrupting chemicals like SLS, Parabens, Phthalates, Aluminum, Petroleum.
It’s like we’re being poisoned – mentally and physically. We deserve better.
The From Molly With Love Solution:
Our company is the antidote to this "Beauty Industrial Complex." We are an all-natural beauty brand that eschews harmful beauty standards and empowers their customers, instead of profiting from their insecurities.
Our high-performing artisan skincare and personal care products are beautiful tools for self-care and our marketing is intersectional, inclusive, and unapologetically feminist.
From Molly with Love: Clean beauty products for the modern woman
We believe that companies in the beauty industry are missing a vital opportunity to empower their customers, especially in today's political climate.
We recognize the opportunity to make lasting change in women’s lives and we contribute to that opportunity in two ways: Products and Education.
By providing high-performing skincare products with 100% all natural ingredients, we empower our customers to use products that are not only safe, but actually good for their body.
By identifying the toxic messages we’ve been internalizing and pointing out the sneaky ways beauty companies profit from our insecurities, we empower our customers to redefine what it means to be and feel beautiful, and to shop with a brand that sees them, hears them, and is here for them.
By approaching our marketing and advertising from an inclusive, intersectional, and unapologetically feminist foundation, we are setting the example for other beauty brands and other industries to follow. As a company, it is our duty to ensure everyone has a place at our proverbial table.
These three factors combined are a recipe for business success.
We are passionate about helping women to resist toxic messages, fortify themselves with #radicalselfcare, and then supplying them with high-performing skincare products with 100% all-natural ingredients. Our customers can know that everything we sell is not only safe, but actually good for their body.
OUR 40+ SKUs:
- FACE: we offer high-performing cleansers, toners, moisturizers, facial oils, K-Beauty-style essences and more
- BODY: bath salts, body scrubs, and more.
- LIFE: a full line of chakra aromatherapy sprays and our best selling "cult product:" White Sage Smudge Spray, inspired by the Native American tradition of "smudging" to clear negative energy.
Our line is beautiful, ultra-curated for the modern woman, and priced strategically. From Molly With Love products perform 'as-good' or better than the competition, and they're priced so that they're accessible to everyone.
Our customer is today's modern millennial woman. She is waking up and no longer wants to be sold "anti-aging" creams, skin-lightening potions, or products containing carcinogenic ingredients. She wants to see REAL people in advertisements; people who look like her.
Fifty-three percent of beauty buyers say "all-natural" is important in their buying habits. Eighty-six percent of the "resistance" are women and millions participated in the Women's March. Combine these two audience groups -- and the sweet spot in the middle is our customer.
“Skincare has never been my thing, but at the time I came across From Molly With Love, I was looking for a safe alternative to OTC deodorant. Molly told me about her Probiotic deodorant and I picked up one to take with me on a backpacking trip across Catalina Island. Four days of strenuous hiking, no showers, and I didn't smell. I was a believer in the brand from that moment on.” Sydney W, San Diego, CA
“I am 60 years old and live in central Florida. I've been using the Rosewater cleanser, Soothe toner, and Beauty Oil as part of a new facial routine. In just a few weeks since I got the products, my skin is not as red as it usually is, and my nose is not shiny anymore. The size of pores is smaller and I don’t “see” blackheads all over my nose. My eyelids are usually scaly and dry this time of year but not anymore.” - Lisa O, Orlando, FL
OUR MARKET OPPORTUNITY:
Timing is everything.
Let’s be clear, empowering women is “on trend” right now and provides fertile ground for our audacious message.
And this movement to ensure women have equal opportunities is not going away.
Our mission to empower women, free them of the toxic beauty standards set forth by beauty companies, and offer products that are high-performing and a healthy alternative to chemical-laden products will extend well beyond this administration.
To boot, natural and “organic” beauty products are en vogue, and indie beauty is more popular with retailers like Sephora, Target, and Nordstrom rushing to get in with these brands.
The $121 billion skincare market is growing fast - but the natural & organic segment is growing faster (10% CAGR thru 2025). Globally, the US is the largest market and APAC is growing the fastest (From Molly With Love already has a distributor in Asia-Pacific).
OUR SALES CHANNELS:
- WHOLESALE: Boutiques, chains, and mass-market retail.
- ECOMMERCE: Our website and online marketplaces like Etsy and Amazon
Two months before starting From Molly With Love, Molly Beane was jobless and in rehab for alcoholism. This company began as a way to Molly to care for herself after battling addiction and mental illness. She'd been experimenting with skincare formulations for years, but never thought she could turn it into a business. She started adopting little rituals to heal herself – meditating in the morning, taking the time to savor a nightly skincare ritual, indulging in long and steamy showers, and more. From those rituals, and her newfound self-love, From Molly With Love was born.
The company then took off in August 2016 as a kitchen table business on Etsy. In less than 18 months, we have grown into a professional brand with international distribution (100+ wholesale partners and counting). We’ve grown revenue over 3000% in year one and have inked deals with partners such as the Cosmopolitan Resort in Las Vegas and Amazon Prime Now.
A Side by Side offering refers to a deal that is raising capital under two offering types. If you plan on investing less than US $20,000.00, you will automatically invest under the Regulation CF offering type. If you invest more than US $20,000.00, you must be an accredited investor and invest under the Regulation D offering type.
US $31,000 (under Reg CF only)
We're offering exclusive perks* to the following investors on a first-come, first-serve basis.
- $1K: 30% off all From Molly With Love products (through 2018)
- $5K: A gift basket containing one of each FMWL product (Plus all perks listed above)
- $10K: Access to FMWL's quarterly plans + the opportunity to provide feedback and input. (Plus all perks listed above)
- $25K: Dinner with the founder of From Molly With Love (Plus all perks listed above)
- $50K+: Exclusive invite to spend a day with the From Molly With Love team in planning meetings. All inclusive. (Plus all perks listed above)
*Perks will become available to investors once the individual's investment has been closed
It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment.
Please see the financial information listed on the cover page of this Form C and attached hereto in addition to the following information. Financial statements are attached hereto as Exhibit B.
Established on May 6, 2015, Molly B Industries, LLC (“the Company”) is a limited liability company that markets and sells all‐natural skincare and beauty products with a unique intersectional and inclusive brand narrative. Instead of capitalizing on the Company’s customers’ insecurities like nearly every other beauty brand, the Company empowers them to eschew harmful beauty standards.
Liquidity and Capital Resources
The proceeds from the Offering are essential to our operations. We plan to use the proceeds as set forth above under "Use of Proceeds", which is an indispensable element of our business strategy. The Offering proceeds will have a beneficial effect on our liquidity, as we have approximately $1,026 in cash on hand as of December 31, 2017 which will be augmented by the Offering proceeds and used to execute our business strategy.
The Company currently does not have any additional outside sources of capital other than the proceeds from the Combined Offerings.
Capital Expenditures and Other Obligations
The Company does not intend to make any material capital expenditures in the future.
Trends and Uncertainties
After reviewing the above discussion of the steps the Company intends to take, potential Purchasers should consider whether achievement of each step within the estimated time frame is realistic in their judgment. Potential Purchasers should also assess the consequences to the Company of any delays in taking these steps and whether the Company will need additional financing to accomplish them.
The financial statements are an important part of this Form C and should be reviewed in their entirety. The financial statements of the Company are attached hereto as Exhibit A.
Before making an investment decision, you should carefully consider this valuation and the factors used to reach such valuation. Such valuation may not be accurate and you are encouraged to determine your own independent value of the Company prior to investing.
As discussed in "Dilution" below, the valuation will determine the amount by which the investor’s stake is diluted immediately upon investment. An early-stage company typically sells its shares (or grants options over its shares) to its founders and early employees at a very low cash cost, because they are, in effect, putting their "sweat equity" into the Company. When the Company seeks cash investments from outside investors, like you, the new investors typically pay a much larger sum for their shares than the founders or earlier investors, which means that the cash value of your stake is immediately diluted because each share of the same type is worth the same amount, and you paid more for your shares (or the notes convertible into shares) than earlier investors did for theirs.
There are several ways to value a company. None of them is perfect and all of them involve a certain amount of guesswork. The same method can produce a different valuation if used by a different person.
Liquidation Value - The amount for which the assets of the Company can be sold, minus the liabilities owed, e.g., the assets of a bakery include the cake mixers, ingredients, baking tins, etc. The liabilities of a bakery include the cost of rent or mortgage on the bakery. However, this value does not reflect the potential value of a business, e.g. the value of the secret recipe. The value for most startups lies in their potential, as many early stage companies do not have many assets (they probably need to raise funds through a securities offering in order to purchase some equipment).
Book Value - This is based on analysis of the Company’s financial statements, usually looking at the Company’s balance sheet as prepared by its accountants. However, the balance sheet only looks at costs (i.e. what was paid for the asset), and does not consider whether the asset has increased in value over time. In addition, some intangible assets, such as patents, trademarks or trade names, are very valuable but are not usually represented at their market value on the balance sheet.
Earnings Approach - This is based on what the investor will pay (the present value) for what the investor expects to obtain in the future (the future return), taking into account inflation, the lost opportunity to participate in other investments, the risk of not receiving the return. However, predictions of the future are uncertain and valuation of future returns is a best guess.
Different methods of valuation produce a different answer as to what your investment is worth. Typically liquidation value and book value will produce a lower valuation than the earnings approach. However, the earnings approach is also most likely to be risky as it is based on many assumptions about the future, while the liquidation value and book value are much more conservative.
Future investors (including people seeking to acquire the Company) may value the Company differently. They may use a different valuation method, or different assumptions about the Company’s business and its market. Different valuations may mean that the value assigned to your investment changes. It frequently happens that when a large institutional investor such as a venture capitalist makes an investment in a company, it values the Company at a lower price than the initial investors did. If this happens, the value of the investment will go down.
We have not prepared any audited financial statements. Therefore, you have no audited financial information regarding the Company’s capitalization or assets or liabilities on which to make your investment decision. If you feel the information provided is insufficient, you should not invest in the Company.
Cyclical and seasonal fluctuations in the economy, in internet usage and in traditional retail shopping may have an effect on our business. Both cyclical and seasonal fluctuations in internet usage and traditional retail seasonality may affect our business. Internet usage generally slows during the summer months, and queries typically increase significantly in the fourth quarter of each year. These seasonal trends may cause fluctuations in our quarterly results, including fluctuations in revenues.
The Company’s cash position is relatively weak. The Company currently has only $1,026 in cash balances as of December 31, 2017. This equates to 0 months of runway. The Company believes that it is able to continue extracting cash from sales to extend its runway. The Company could be harmed if it is unable to meet its cash demands, and the Company may not be able to continue operations if they are not able to raise additional funds.
The Company may be unable to maintain, promote, and grow its brand through marketing and communications strategies. It may prove difficult for the Company to dramatically increase the number of customers that it serves or to establish itself as a well-known brand in the competitive beauty space. Additionally, the product may be in a market where customers will not have brand loyalty.
Failure to obtain new clients or renew client contracts on favorable terms could adversely affect results of operations. We may face pricing pressure in obtaining and retaining our clients. Our clients may be able to seek price reductions from us when they renew a contract, when a contract is extended, or when the client’s business has significant volume changes. They may also reduce services if they decide to move services in-house. On some occasions, this pricing pressure results in lower revenue from a client than we had anticipated based on our previous agreement with that client. This reduction in revenue could result in an adverse effect on our business and results of operations.
Further, failure to renew client contracts on favorable terms could have an adverse effect on our business. Our contracts with clients generally run for several years and include liquidated damage provisions that provide for early termination fees. Terms are generally renegotiated prior to the end of a contract’s term. If we are not successful in achieving a high rate of contract renewals on favorable terms, our business and results of operations could be adversely affected.
The development and commercialization of our products and services are highly competitive. We face competition with respect to any products and services that we may seek to develop or commercialize in the future. Our competitors include major companies worldwide. Many of our competitors have significantly greater financial, technical and human resources than we have and superior expertise in research and development and marketing approved services and thus may be better equipped than us to develop and commercialize services. These competitors also compete with us in recruiting and retaining qualified personnel and acquiring technologies. Smaller or early stage companies may also prove to be significant competitors, particularly through collaborative arrangements with large and established companies. Accordingly, our competitors may commercialize products more rapidly or effectively than we are able to, which would adversely affect our competitive position, the likelihood that our services will achieve initial market acceptance and our ability to generate meaningful additional revenues from our products and services.
The Company’s success depends on the experience and skill of the board of directors, its executive officers and key employees. In particular, the Company is dependent on Molly Beane. There can be no assurance that they will continue to be employed by the Company for a particular period of time. The loss of our key employees or any member of the board of directors or executive officer could harm the Company’s business, financial condition, cash flow and results of operations.
We are not subject to Sarbanes-Oxley regulations and lack the financial controls and safeguards required of public companies. We do not have the internal infrastructure necessary, and are not required, to complete an attestation about our financial controls that would be required under Section 404 of the Sarbanes-Oxley Act of 2002. There can be no assurance that there are no significant deficiencies or material weaknesses in the quality of our financial controls. We expect to incur additional expenses and diversion of management’s time if and when it becomes necessary to perform the system and process evaluation, testing and remediation required in order to comply with the management certification and auditor attestation requirements.
The consolidation of retail customers could adversely affect us. Retail customers in our major markets may consolidate, resulting in fewer customers for our business. Consolidation also produces larger retail customers that may seek to leverage their position to improve their profitability by demanding improved efficiency, lower pricing, increased promotional programs, or specifically tailored products. In addition, larger retailers have the scale to develop supply chains that permit them to operate with reduced inventories or to develop and market their own white-label brands. Retail consolidation and increasing retailer power could adversely affect our product sales and results of operations. Retail consolidation also increases the risk that adverse changes in our customers’ business operations or financial performance will have a corresponding material and adverse effect on us. For example, if our customers cannot access sufficient funds or financing, then they may delay, decrease, or cancel purchases of our products, or delay or fail to pay us for previous purchases, which could materially and adversely affect our product sales, financial condition, and operating results.
Molly Beane and Sydney Owen Williams, the Co-Founders of From Molly With Love, currently do not have employment agreements in place. Employment agreements typically provide protections to the Company in the event of an employee’s departure, specifically addressing who is entitled to any intellectual property created or developed by those employees in the course of their employment and covering topics such as non-competition and non-solicitation. As a result, if Molly or Sydney were to leave From Molly With Love, the Company might not have any ability to prevent her direct competition, or have any legal right to intellectual property created during her employment. There is no guarantee, however, that such an agreement will be entered into.
Manufacturing or design defects, unanticipated use of our products, or inadequate disclosure of risks relating to the use of the products can lead to injury or other adverse events. These events could lead to recalls or safety alerts relating to our products (either voluntary or required by governmental authorities) and could result, in certain cases, in the removal of a product from the market. Any recall could result in significant costs as well as negative publicity that could reduce demand for our products. Personal injuries relating to the use of our products can also result in product liability claims being brought against us. In some circumstances, such adverse events could also cause delays in new product approvals. Similarly, negligence in performing our services can lead to injury or other adverse events.
The reviewing CPA has included a “going concern” note in the reviewed financials. The accompanying financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the recoverability of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred losses of approximately $22,975 which, among other factors, raises substantial doubt about the Company's ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent upon management's plans to raise additional capital from the issuance of debt or the sale of units of membership in the Company, its ability to commence profitable sales of its products, and its ability to generate positive operational cash flow. The accompanying financial statements do not include any adjustments that might be required should the Company be unable to continue as a going concern.
A majority of the Company is owned by a small number of owners. Prior to the Offering, the Company’s current owners of 20% or more of the Company’s outstanding voting securities beneficially own up to 99.86% of the Company’s voting securities. Subject to any fiduciary duties owed to our other owners or investors under California law, these owners may be able to exercise significant influence over matters requiring owner approval, including the election of directors or managers and approval of significant Company transactions, and will have significant control over the Company’s management and policies. Some of these persons may have interests that are different from yours. For example, these owners may support proposals and actions with which you may disagree. The concentration of ownership could delay or prevent a change in control of the Company or otherwise discourage a potential acquirer from attempting to obtain control of the Company, which in turn could reduce the price potential investors are willing to pay for the Company. In addition, these owners could use their voting influence to maintain the Company’s existing management, delay or prevent changes in control of the Company, or support or reject other management and board proposals that are subject to owner approval.
Start-up investing is risky. Investing in startups is very risky, highly speculative, and should not be made by anyone who cannot afford to lose their entire investment. Unlike an investment in a mature business where there is a track record of revenue and income, the success of a startup or early-stage venture often relies on the development of a new product or service that may or may not find a market. Before investing, you should carefully consider the specific risks and disclosures related to both this offering type and the company which can be found in this company profile and the documents in the data room below.
Your shares are not easily transferable. You should not plan on being able to readily transfer and/or resell your security. Currently there is no market or liquidity for these shares and the company does not have any plans to list these shares on an exchange or other secondary market. At some point the company may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when the company either lists their shares on an exchange, is acquired, or goes bankrupt.
The Company may not pay dividends for the foreseeable future. Unless otherwise specified in the offering documents and subject to state law, you are not entitled to receive any dividends on your interest in the Company. Accordingly, any potential investor who anticipates the need for current dividends or income from an investment should not purchase any of the securities offered on the Site.
Valuation and capitalization. Unlike listed companies that are valued publicly through market-driven stock prices, the valuation of private companies, especially startups, is difficult to assess and you may risk overpaying for your investment. In addition, there may be additional classes of equity with rights that are superior to the class of equity being sold.
You may only receive limited disclosure. While the company must disclose certain information, since the company is at an early-stage they may only be able to provide limited information about its business plan and operations because it does not have fully developed operations or a long history. The company may also only obligated to file information periodically regarding its business, including financial statements. A publicly listed company, in contrast, is required to file annual and quarterly reports and promptly disclose certain events — through continuing disclosure that you can use to evaluate the status of your investment.
Investment in personnel. An early-stage investment is also an investment in the entrepreneur or management of the company. Being able to execute on the business plan is often an important factor in whether the business is viable and successful. You should be aware that a portion of your investment may fund the compensation of the company’s employees, including its management. You should carefully review any disclosure regarding the company’s use of proceeds.
Possibility of fraud. In light of the relative ease with which early-stage companies can raise funds, it may be the case that certain opportunities turn out to be money-losing fraudulent schemes. As with other investments, there is no guarantee that investments will be immune from fraud.
Lack of professional guidance. Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g., angel investors and venture capital firms). These investors often negotiate for seats on the company’s board of directors and play an important role through their resources, contacts and experience in assisting early-stage companies in executing on their business plans. An early-stage company may not have the benefit of such professional investors.
Frequently Asked Questions
A Side by Side offering refers to a deal that is raising capital under two offering types. This Side by Side offering is raising under Regulation CF and Rule 506(c) of Regulation D.
The Form C is a document the company must file with the Securities and Exchange Commission (“SEC”) which includes basic information about the company and its offering and is a condition to making a Reg CF offering available to investors. It is important to note that the SEC does not review the Form C, and therefore is not recommending and/or approving any of the securities being offered.
Before making any investment decision, it is highly recommended that prospective investors review the Form C filed with the SEC (included in the company's profile) before making any investment decision.
Rule 506(c) under Regulation D is a type of offering with no limits on how much a company may raise. The company may generally solicit their offering, but the company must verify each investor’s status as an accredited investor prior to closing and accepting funds. To learn more about Rule 506(c) under Regulation D and other offering types check out our blog and academy.
Title III of the JOBS Act outlines Reg CF, a type of offering allowing private companies to raise up to $1 million from all Americans. Prior capital raising options limited private companies to raising money only from accredited investors, historically the wealthiest ~2% of Americans. Like a Kickstarter campaign, Reg CF allows companies to raise funds online from their early adopters and the crowd. However, instead of providing investors a reward such as a t-shirt or a card, investors receive shares, typically equity, in the startups they back. To learn more about Reg CF and other offering types check out our blog and academy.
When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until it is accepted by From Molly With Love. Once From Molly With Love accepts your investment, and certain regulatory procedures are completed, your money will be transferred from the escrow account to From Molly With Love in exchange for your shares. At that point, you will be a proud owner in From Molly With Love.
To make an investment, you will need the following information readily available:
- Personal information such as your current address and phone number
- Employment and employer information
- Net worth and income information
- Social Security Number or government-issued identification
- ABA bank routing number and checking account number (typically found on a personal check or bank statement)
If you are investing under Rule 506(c) of Regulation D, your status as an Accredited Investor will also need to be verified and you will be asked to provide documentation supporting your income, net worth, revenue, or net assets or a letter from a qualified advisor such as a Registered Investment Advisor, Registered Broker Dealer, Lawyer, or CPA.
An investor is limited in the amount that he or she may invest in a Reg CF offering during any 12-month period:
- If either the annual income or the net worth of the investor is less than $100,000, the investor is limited to the greater of $2,000 or 5% of the lesser of his or her annual income or net worth.
- If the annual income and net worth of the investor are both greater than $100,000, the investor is limited to 10% of the lesser of his or her annual income or net worth, to a maximum of $100,000.
Separately, From Molly With Love has set a minimum investment amount of US $500.
Accredited investors investing $20,000 or over do not have investment limits.
You are a partial owner of the company, you do own shares after all! But more importantly, companies which have raised money via Regulation CF must file information with the SEC and post it on their websites on an annual basis. Receiving regular company updates is important to keep shareholders educated and informed about the progress of the company and their investment. This annual report includes information similar to a company’s initial Reg CF filing and key information that a company will want to share with its investors to foster a dynamic and healthy relationship.
In certain circumstances a company may terminate its ongoing reporting requirement if:
- The company becomes a fully-reporting registrant with the SEC
- The company has filed at least one annual report, but has no more than 300 shareholders of record
- The company has filed at least three annual reports, and has no more than $10 million in assets
- The company or another party purchases or repurchases all the securities sold in reliance on Section 4(a)(6)
- The company ceases to do business
However, regardless of whether a company has terminated its ongoing reporting requirement per SEC rules, SeedInvest works with all companies on its platform to ensure that investors are provided quarterly updates. These quarterly reports will include information such as: (i) quarterly net sales, (ii) quarterly change in cash and cash on hand, (iii) material updates on the business, (iv) fundraising updates (any plans for next round, current round status, etc.), and (v) any notable press and news.
Currently there is no market or liquidity for these shares. Right now From Molly With Love does not plan to list these shares on a national exchange or another secondary market. At some point From Molly With Love may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when From Molly With Love either lists their shares on an exchange, is acquired, or goes bankrupt.
You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement. If invested under Regulation CF you may also receive periodic updates from the company about their business, in addition to monthly account statements.
This is From Molly With Love's fundraising profile page, where you can find information that may be helpful for you to make an investment decision in their company. The information on this page includes the company overview, team bios, and the risks and disclosures related to this investment opportunity. If the company runs a side by side offering that includes an offering under Regulation CF, you may also find a copy of the From Molly With Love's Form C. The Form C includes important details about From Molly With Love's fundraise that you should review before investing.
For offerings made under Regulation CF, you may cancel your investment at any time up to 48 hours before a closing occurs or an earlier date set by the company. You will be sent a reminder notification approximately five days before the closing or set date giving you an opportunity to cancel your investment if you had not already done so. Once a closing occurs, and if you have not canceled your investment, you will receive an email notifying you that your shares have been issued. If you have already funded your investment, your funds will be promptly refunded to you upon cancellation. To cancel your investment, you may go to your portfolio page
If you invest under any other offering type, you may cancel your investment at any time, for any reason until a closing occurs. You will receive an email when the closing occurs and your shares have been issued. If you have already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To cancel your investment, please go to your portfolio page.