GlobalCrowdTV Secures more than One Million Dollars in Capital Commitments in its Direct Public Offering Broadcast
GlobalCrowdTV Secured more than One Million Dollars in Capital Investment Commitments for Frenchporte Corporation in its first Broadcast of "GlobalCrowdTV's Direct Public Offering Daily".
- (1888PressRelease) February 19, 2014 - Los Angeles, CA - GlobalCrowdTV today announced that it raised more than $1 Million USD in Capital Commitments from private investors on its first broadcast of "GlobalCrowdTV's Direct Public Offering Daily".
GlobalCrowdTV is a Live Interactive HD WebTV and Live Radio "one day Direct Public Offering" of "Alternative Investment Securities" to Qualified Private and Institutional Investors watching around the globe. Select early stage and growth stage Companies currently raising capital under the current Regulation A Rules and Regulation S Rules, can be chosen to appear on GlobalCrowdTV to present their Company and the terms of the investment they are seeking to a Globally Assembled Live Group of Private and Institutional Investors in a "Shark Tank" like format.
Mr. Steven J. Muehler, Founder of GlobalCrowdTV stated that "Though the new rules that affect Regulation D and CrowdFundings are nice, it is the forthcoming changes in Regulation A that are going to be the Big New thing in this industry, while the whole CrowdFunding and changes to the Regulation D that all these former failed mortgage brokers turned capital brokers have been cheering for these past couple of years since the passage of the JOBS Act in 2012 slowly fade away like a bad fart in a car. We did in one night what these chimps have been trying to do in years, and we did it under the current Regulation A rules! I am not without my failures in this industry, but through my failures has come this great success here at GlobalCrowdTV, and I am excited that we are here today doing this the way I believe it should be done in this ever evolving industry."
"Through current Regulation A rules and regulations, these Reg A securities offerings are submitted to the SEC for review before any investor can invest any money in the company. After SEC review, currently, theses securities are then submitted to the States in which our investors reside for another round of merit reviews. Then, and only after both the Federal and State Review process, can the investor commitments be cashed in for actual cash investments. Then, after the investment is made, the Companies here at GlobalCrowdTV have reporting requirements to their shareholders that are not found in Regulation D or CrowdFunding investments."
"Some of the required reporting requirements of Companies at GlobalCrowdTV include: Quarterly un-audited financial statements signed by the CEO or CFO, year-end Fully Audited Financial Reports, monthly "State of the Company" letters from CEO to the shareholders detailing the current operations and condition of the Company, quarterly conference calls with Company Management and the Investor pool for a brief update on the company in an audio & visual format, and other minor reporting requirements for any changes to the corporation or major events. When you add this transparence from the Federal and State reviews, to the transparency provided in required reporting by each company, and add in the fact that ALL INVESTORS, not just the top 8% of Americans can participate in investing in these companies for as little as $100 to a maximum minimum investment of $1,000 USD, you can see that at GlobalCrowdTV, we are playing in a league of our own.
Not one other Company or Website is even thinking about doing what we are doing, and we are doing it without breaking the bank for investors or entrepreneurs! Oh, and our securities are issued to the investor free of the nasty restrictive legends associated with those Regulation D and CrowdFunding Securities. Our Investors are free to sell, trade, transfer and buy securities from other investors on our GlobalCrowdTV Secondary Market"
Frenchporte Corporation (formerly Frenchporte, LLC) is raising investment capital through a Direct Public Offering of Securities for the expansion of its "French Door Style Garage Doors" that are currently distributed through 200 plus Lowes Home Improvement Stores throughout the Northeastern Region of the United States. The Company is current in its "Test the Waters" portion of its offering, and recently submitted their Regulation A Securities Registration Statement to the United States Securities and Exchange Commission in Washington DC, along with select States for review. Upon being deemed "effective", current investments will be released from escrow and capital commitments will be cashed in, and securities will be issued to the capital investors.
Frenchporte's Regulation A (U.S. Investors) and Regulation S (for Qualified non-U.S. Investors) Securities Offerings are currently available for viewing and download 24 hours a day, 7 days a week to registered and qualified investors at www.GlobalCrowdTV.com. Frenchporte's website is http://Frenchporte.com.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
All trademarks and service marks are the property of the respective parties.
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