The minimum SAFT subscription is USD $25,000*. The Offering may be extended, withdrawn, or closed at any time in our sole discretion without notice.
The Subscription Price of Advent is equal to USD $.30 per Advent Token plus one or more “Bonuses” according to the following schedules:
“Bonus 1” based upon time of Subscription:
October 2, 2018 through November 30, 2018: 50% Bonus
November 30, 2018 through December 31, 2018: 25% Bonus
January 1, 2019 and beyond: in the sole discretion of the Token Issuer.
“Bonus 2” based upon Subscription Amount:
$1,000,000 up to $4,999,999.99: 10% Bonus
$5,000,000 up to $9,999,999.99: 20% Bonus
$10,000,000 up to $14,999,999.99: 30% Bonus
$15,000,000 up to $19,999,999.99: 40% Bonus
$20,000,000 or more: 50% Bonus
For example, and for illustrative purposes only, in the hypothetical event a Subscriber’s funds of USD $900,000 are received by the Token issuer on October 28, 2018 at USD $.30 per Advent Token, such Subscriber shall be entitled to receive 4,500,000 Advent Tokens (i.e., 3,000,000 plus a 50% Bonus (1,500,000)) upon fulfillment by the Token Issuer. If the same Subscriber were to, instead, subscribe with USD $12,000,000 on such date, then the same would be entitled to receive 72,000,000 Advent Tokens (i.e., 40,000,000 plus a 50% Bonus (20,000,000) plus an additional 30% Bonus (12,000,000)) upon fulfillment by the Token Issuer. After January 1, 2018, these terms may be withdrawn or modified at any time in the Token Issuer’s sole discretion.
ADVENT TOKEN HOLDING PERIOD
Advent Tokens are being offered from the United States of America and according to the laws of the U.S.A., Advent Entertainment, LLC is offering the Advent Tokens pursuant to Section 4(a)(5) and/or Rule 506(c) of the U.S. Securities Act and Regulation D promulgated thereunder. Purchase of Advent Tokens through our Offering Memorandum will be a SAFT (Simple Agreement for Future Tokens) Agreement. There will be a holding requirement of 12 months**. Upon purchase, Advent Tokens will be reserved for purchaser by Advent Entertainment, LLC. After the holding period of 12 months, the Advent Tokens will be released to purchaser and Advent Tokens may be freely traded.
*Minimum SAFT subscription may be waived and bonus structures adjusted in our sole discretion.
** Examples of potentially available exemptions may include Section 4(a)(7) of the U.S. Securities Act, Sections 4(a)(1) and 4(a)(2) of the same, and/or Rule 144 of Regulation D of the same. Please consult with your own securities counsel as to such matters.
NOTICE: The material and content presented on this website is the sole responsibility of Advent Entertainment, LLC, a Utah company (“we”, “our”, “us”, or the “Company”) and is qualified in its entirety by the Company’s offering memorandum and/or offering circular (the “Disclosure(s)”) which contain more complete information including risk factors. The material and content on this White Paper contains forward-looking statements and hypothetical economic forecasts that may not be realized. By receiving or viewing this material, you acknowledge and agree not to rely upon it in making an investment decision. Please read the Disclosure(s). This material does not constitute or form a part of any offer to sell or solicitation to buy securities nor shall it or any part of it form the basis of any contract or commitment whatsoever. Without limiting the foregoing, this material does not constitute an offer or solicitation in any jurisdiction in which such an offer or solicitation is not permitted under applicable law or to any person or entity within the United States of America who is not an “accredited investor” as defined under Rule 501(a) of the U.S. Securities Act of 1933, as amended, or who does not possess the necessary qualifications described in the Disclosure(s) and/or Rule 506(c) under Regulation D of the U.S. Securities Act of 1933, as amended. Please read the Disclosure(s).