INFLUENCEMINE ENGAGES BOUSTEAD SECURITIES TO CONDUCT $25 MILLION SECURITY TOKEN OFFERING PURSUANT TO REGULATION D
June 14, 2018 --
Los Angeles, CA - InfluenceMine, Inc., the developer of one of the first blockchain-based affiliate programs, announced today that it has engaged Boustead Securities, LLC, (“Boustead”) (Member: FINRA/SIPC) to conduct a $25 million Security Token Offering (STO) pursuant to Regulation D. InfluenceMine’s goal is for INK, its security token, to become one of the largest mobile driven and affiliate backed security tokens and it plans to reach millions of users with a gamified mobile experience and a revenue share referral program where users can earn Ethereum.
Blockchain technologies and cryptocurrencies have piqued the interest of many, but far fewer have found a meaningful way to acquire and generate income from digital assets, particularly with mining’s energy demand excluding those without access to efficient technology and cheaper power sources. InfluenceMine aims to bring a fun and safe platform to respond to the challenges that mining presents for the public. InfluenceMine’s plan for their platform includes providing revenue sharing, via a mobile device, to those that have an interest in joining the mining community.
Use of proceeds from the STO may include platform and brand development and InfluenceMine intends to pay a dividend to INK holders. InfluenceMine also aims for INK to be ultimately traded on a SEC registered exchange.
InfluenceMine CEO Robert Towles stated, “InfluenceMine plans to design a platform that will provide the user community with marketing tools to easily share mining packages digitally and earn Ether as their invitees participate. We believe that INK may become one of the few tokens eligible to be exchanged on secondary security token trading platforms, improving liquidity, which we believe of particular importance to investors in offerings of tokens, especially as these markets evolve under greater regulatory oversight. With Boustead Securities’ assistance and experience with Regulation D offerings, we’re excited for the opportunity to offer regulated security tokens and expand the world of cryptocurrencies to people who have previously faced barriers to entry.”
Boustead Securities shares InfluenceMine’s excitement for this STO. Keith Moore, its CEO, stated, “Boustead looks forward to bringing InfluenceMine’s security token offering to investors so that once completed, InfluenceMine can continue to develop and ultimately launch its platform.”
About Boustead Securities, LLC
Boustead Securities, LLC is an investment banking firm that advises clients on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions. Our core value proposition is our ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States and around the world, Boustead's team moves quickly and provides a broad spectrum of sophisticated financial advice and services.
For more information, visit: www.boustead1828.com
InfluenceMine is building its blockchain-based affiliate platform, backed by a green mining solution. With a team of experienced US based entrepreneurs and developers, InfluenceMine’s goal is to become one of the largest affiliate driven, cryptocurrency mining companies by reaching millions of users with a gamified mobile experience and an Ether based revenue share referral program.
For more information, visit: www.influencemine.io
SEC Legend-Regulation D Offerings InfluenceMine offering documents for the Regulation D offering pursuant to Rule 506(c) described in this article will be filed with the Securities and Exchange Commission (“SEC”). This offering may only be purchased by accredited investors as defined in Rule 501(a) of Regulation D of the Securities Act of 1933, as amended. The SEC typically will not review, and will not qualify, InfluenceMine’s offering documents. The SEC does not approve, pass upon the merits, or pass upon the accuracy or completeness of the information in such offering documents. If you are an accredited investor, you may obtain a copy of the offering documents for InfluenceMine by registering at http://invest.influencemine.io/sto/.
Liquidity Risk-Regulation D Offerings. An investment in InfluenceMine has a high degree of risk including the lack of a market for its securities, as well as other risks common to Regulation D investments generally, including, but not limited to, other substantial restrictions on transferability, making this investment highly illiquid. InfluenceMine can make no assurances about the success of its products, licensing or marketing efforts, any plans to make their securities liquid at any time, if ever, or its ability to eventually qualify for a listing on a national, or any other, securities exchange; consequently, investors in InfluenceMine may lose some or all of their investments. Forward-Looking Statements: We make statements herein that are considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), which are usually identified by the use of words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” and variations of such words or similar expressions. We intend for these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and are including this statement herein for purposes of complying with those safe harbor provisions. Similar statements are made in the Offering Circulars or offering documents of InfluenceMine. These forward-looking statements reflect, as applicable, our or InfluenceMine’s current views about plans, intentions, expectations, strategies and prospects, which are based on the information currently available to InfluenceMine or us and on assumptions InfluenceMine or we have made. Although InfluenceMine or we believe that such plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, InfluenceMine or we can give no assurance that such plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond InfluenceMine’s or our control. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” for InfluenceMine’s Regulation D Offering. InfluenceMine or we assume no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.Media Contact
Company Name: InfluenceMine
Contact Person: Robert Towles
Email: Send Email
Address:PO Box 1394
Country: United States