ANNOUNCEMENTS AND DISCLOSURES – TRUCROWD
Equity Crowdfunding – Fund Your Way
truCrowd, Inc., An Equity Crowdfunding Portal
A Portfolio Client of DigitalAMN
Disclosure and Disclaimer
Located in the heart of the financial district of downtown Chicago, truCrowd, Inc. (truCrowd), is an equity crowdfunding portal operating under Regulation Crowdfunding (Title III of the JOBS ACT) and connects startups and emerging businesses with non-accredited and accredited investors. Built on the belief that not all businesses and investors are alike, the Company prides themselves on delivering a personalized and professional funding experience through industry-leading technology.
The truCrowd team consists of ordinary people with extraordinary passion and experience. The Company has dedicated themselves to making truCrowd the most user-friendly equity crowdfunding portal for funding a startup or investing in startups. Our collective talent in finance, marketing, content and design form a powerful team committed to achieving and maintaining the #1 equity crowdfunding portal in America.
truCrowd is the owner-operator of multiple funding specific portals covering a range of industries. This includes, but is not limited to, truCrowd (general interests), Fundanna (cannabis specific), CryptoLaunch (Blockchain specific), and MusicFy (music specific).
DigitalAMN continues to greatly assist truCrowd with its long-term business development plans; as the Company has already been ranked one of the top-10 equity crowdfunding platforms by VentureBeat.
As with any other DigitalAMN client-company, portfolio company, and/or those affiliated companies within DigitalAMN’s ecosystem (each a “Client Affiliated Company”), DigitalAMN will enter into a transaction or series of agreements to obtain cash and/or securities and DigitalAMN will often address matters concerning the Client Affiliated Company, its industry and its specific market segment. DigitalAMN typically uses various outlets which include, but not limited to: (i) press releases, (ii) blogs, (iii) articles, (iv) all social media platforms – each originating from DigitalAMN, a Client Affiliated Company, and/or the client-company (truCrowd (in this case)). DigitalAMN may also introduce and otherwise discuss a Client Affiliated Company in other social forums such as conferences, speaking engagements, radio and televised interviews, etc.
Section 17(b) of the Securities Act of 1933 requires that any person that uses the mails to publish, give publicity to, or circulate any publication or communication that describes a security in return for consideration received or to be received directly or indirectly from an issuer, underwriter, or dealer, must fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, stock options, stock warrants) and the specific amount of the consideration.
truCrowd has received a cash retainer for its Advisory Consulting Services, that have been billed under a Statement of Work (“SOW”), and, per the SOW, DigitalAMN may be paid in cash and/or securities via additional SOW addendums. DigitalAMN also own a 19.9% stake in truCrowd, Inc.
DigitalAMN continues to work closely with truCrowd, as the Company continues to reach their business development goals; we’re thrilled to engage with the stellar management team.
Forward Looking Statements
Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” to be uncertain and forward-looking.