Crowdfunding For See Fit

• Crowd-sourced funding is risky. Issuers using this facility include new or rapidly growing ventures. Investment in these types of ventures is speculative and carries high risks.
• You may lose your entire investment, and you should be in a position to bear this risk without undue hardship.
• Even if the company is successful, the value of your investment and any return on the investment could be reduced if the company issues more shares.
• Your investment is unlikely to be liquid. This means you are unlikely to be able to sell your shares quickly or at all if you need the money or decide that this investment is not right for you.
• Even though you have remedies for misleading statements in the offer document or misconduct by the company, you may have difficulty recovering your money.
• There are rules for handling your money. However, if your money is handled inappropriately or the person operating the platform on which this offer is published becomes insolvent, you may have difficulty recovering your money.
• Ask questions, read all information given carefully, and seek independent financial advice before committing yourself to any investment.

WITHDRAWL RIGHTS

Investors have special rights provided by the applicable ASIC Class Orders and Crowd Sourced Funding Regime, including the unconditional right to withdraw a subscription after investment. See our FAQ and FSG for further details.

*Prior to making an investment, review the offer document and general risk warning.

SUMMARY OF FEES PAID OR PAYABLE TO BILLFOLDA 

Billfolda charge a fee for introducing eligible companies to investors.

• Billfolda Fees are 6% of the funds raised, paid by the company, in the same shares issued under this offer
• Other than these shares, Billfolda is free for Issuers to use, so every investment dollar goes to the company.
• The percentage of share capital we charge may vary from offer to offer depending on the work, and issuers incur minor out of pocket expenses during the mandatory checking, although these are at cost, on an outgoing basis only.
• It’s like venture capital used to be, before 2+20% took off as the benchmark.
• Billfolda is confident of the old VC model, with new technology, though we are also realists. Payment in equity doesn’t help pay our taxes, well not for a few more years at least. As such, and until our model is fully proven we requesting that every investor make a small Voluntary backer  contribution, we call it a contribution, though is a donation to show your support for our integrity and commitment. It is completely voluntary, so feel free to adjust the amount or delete it if you prefer.
• Keep in mind that in absolute terms, our services is not free. Your investment will be diluted by our fee, as the total amount of share capital on issue increases with our fee.
• It’s a new way of offering investment in early stage businesses and includes some complexities and variation, so please read our financial services guide (FSG ) and, the fee disclosure in each offer, or contact support@billfolda.com for further information.