Mr. Callahan, I would very much like to discuss the PPM process and a Reg D private placement for Motorious. With my background on Wall Street as very successful and well respected equity research analyst in biotechnology, I am very familiar with the process and in fact have worked on several Reg D transactions for client companies during my career. I would like to point you first to the companys Twitter page: Twitter/@i_am_motorious Motorious, Inc. (i_am_mot... Twitter Share Link , which I use somewhat differently than most users. As this business model of creating an industry facilitator to virtually roll up the most lucrative segment of the auto industry via a CONSORTIUM is very challenging, particularly for such a small startup with a sole FTE which is resource constrained at the moment. I have presented various business plans to hundreds of prospective partners in the industry over the years, and now use the site as both a communication tool to propose business development joint venture structures, solicit support from the VC, banking community and the media, as well as a repository for key documents and slides in the TwitPics section of the page. If one peruses the page and follows the tweets sequentially, you get a very clear view not only of the companys strategy and positioning, but what place we are securing for ourselves as well as a very transparent look at my thought process and manage style. Copies of summary business plans and key slide shows are also there. I have a page on AngelList (Angel.co/Motorious) which should be completed over the next few days. A Draft PPM was prepared by the attorneys at Rosenman Colin, LLP several years ago, when the managing partner. Eric Lerner, and IP counsel, Shahan Islam represented us, and filed our IP with the USPTO including my patent and trademarks. I will contact the firm again, and have copied Barry Adler, my last contact there on this email. A rough approximation of the strategy and business plan can be found at the About section of my Facebook page: Facebook/la.rivoluzione, where similarly key posts reflect and support the Twitter page. Later, I will direct you to my LinkedIn, Google+ and other pages which can be used in your Due Diligence process. I would ask that you and members of your team first follow the page (as well as my personal page: @wole_m_fayemi), but more importantly take the opportunity to review the past several months if tweets. In the end you would not only be funding the idea and my vision, but your faith in me, and my ability to execute this challenging task. In the meantime, I will copy @iCrowd on as many of my tweets going forward as possible, so that you get a clear window of how I operate going forward, until I can put together, with your guidance, the documentation you require for a Reg D private placement over the next few weeks, so that we could perhaps meet after having has some conversations over the phone. I look forward to following up with you again, perhaps late next week or the week following after I have had an opportunity to gather key documents for you, or at least to figure out how or from where they will come. Thank you very much for this opportunity, and I look forward to becoming a client, as you help make both the company successful, as well as its prospective shareholders very wealthy. Kindest Regards, Wolé M. Fayemi cc: Kevin DeVito (New Capital AG, Zurich), Philip Russell Munger (Berkshire Hathway), Xavier La Boy (Chase Bank) On Monday, July 14, 2014, John Callaghan wrote: Hello Wolé, Thank you for contacting iCrowd about financing Motorious. It looks like you have an interesting concept. In addition to being a founder of iCrowd, I am also responsible for New Rye Securities, the registered broker dealer sponsoring offerings that appear on iCrowd. New Rye helps private companies seeking capital to raise funds from accredited investors using a Regulation D exemption from securities registration. Although registration is not required, we would need to gather information and review materials that will be presented to investors. Specifically, we would need a private placement memorandum and a subscription agreement. Additionally, we would need the business plan (which might be in the PPM), slide decks, or other materials (including videos) you might use to promote your offering. Some companies prepare due diligence packages as well. While it is not essential, such packages can streamline the review process. If you would like to discuss the process and how New Rye might be able to help, please let me know. I look forward to discussing Motorious with you. Sincerely, John John P. Callaghan President New Rye Securities 411 Theodore Fremd Avenue Suite 150 Rye, NY 10580 888-908-9496 x 102 This electronic transmission/communique/message including its attachments is from New Rye Securities, LLC, member FINRA, SIPC, located at 411 Theodore Fremd Avenue, Suite 150, Rye, NY 10580. This email message is intended only for the recipient to whom it is addressed and may contain information that is privileged and confidential. Nothing in this email constitutes tax, legal, insurance, or investment advice, nor does it constitute an offer to buy or sell any security or other financial instrument. If you receive this transmission and/or its attachments and you are not the intended recipient, any use, dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify the sender of the delivery error by return e-mail and promptly delete this message. -- Wolé M. Fayemi Founder, Principal The Accelerated Sciences Corporation dba Motorious, Inc.
Posted on: Mon, 20 Oct 2014 00:30:32 +0000
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