Topic: [CANCELLED] Mainstreet Investment LP (MIT) SECURITIZED BLOCKCHAIN ASSET - page 10. (Read 23231 times)

Offering memorandum seems to have been removed. Will the new version be published soon?

The token sale will be managed by 3 exchanges who will verifying identity.

Iconomi is a very cool project, but both projects have very different visions. Iconomi has a DAO platform model for anyone to be a fund manager, and by the looks of it wants to make it easier for investors from old economy buy crypto index funds and diversify portfolios of current crypto-investors amongst the many token and coins available to them.

Mainstreet Investment LP, through its token (MIT) and the management & investment expertise of Intellisys, aims to modernize traditional finance, create greater access to private equity in strong US companies, and provide stable returns for holders. Further, if you've read the ITOM you've seen our unique strategy of acquiring bitcoin and blockchain assets that can develop synergies with our portfolio of middle-market companies.

This can help legitimize bitcoin and blockchain technology for the old economy by solving real business problems. Of course, the secondary strategy is a little down the road, but falls under our vision of modernizing and creating greater access to finance.

We have already released our first company purchase, a Sanitary Waste Business, you can read about it here: http://intellisys.ai


涅槃重生：Charlie Shrem的区块链新公司从垃圾中看到黄金商机

http://www.gongxiangcj.com/show-22-2936-1.html




Bitcoin’s First Felon Wants to Use Ethereum to Buy Up Michigan’s Waste Industry

http://motherboard.vice.com/read/bitcoins-first-felon-charlie-shrem-wants-to-use-ethereum-to-buy-up-michigans-waste-industry




Please join our Chinese WeChat group as well

-Charlie Shrem

Only EU and USA? But how to ban them? Do you need to verify their ID? If yes, if the project lacks the main investors, this project will be difficult to be successful, EU and US are the main bitcoin region. China is only good at mining, but now investment. I can't understand why you refuse EU and USA? All about money landrying? Be clean if you don't wanna go to prison again. You have earned enough money, security is the first, I don't think you have blown all of your earned 100k btc.

If someone from Africa or Asia for example wanted to invest , how do you know from where he is ? providing ID scan is a must ? I also wants to know , by holding the Mainstreet tokens from the ICO , what would the users gain ? your project looks pretty much like ICONOMI and I want to see the differences and the profit possibilities between the two to decide where to invest.

In China? Where? I don't actually see Chinese promote it, I ask Chinese friends, they don't know this coin. Also, don't see Chinese post here.

Hey hey,

Because the token is closed to US and EU investors, you won't see much marketing on English language sites. Most of the heavy marketing is in China right now

Yes, the token sale is Jan 23

Has the launch date changed ? I saw the countdown "15 days" a few days ago while Its 17 days now. I also think that the marketing is a bit weak , I only see a few people who are wearing the signature while there are no ads on the forums or in crypto related sites either. Is it possible to invest using BTC If I'm not from Europe or USA ?

Still watching this one, maybe I'll be convinced and invest at the end.

SANITARY WASTE BUSINESS ACQUISITION PROSPECTUS: http://HTTP://INTELLISYS.AI

----

PRESS RELEASE
FOR IMMEDIATE RELEASE

January 4, 2017

Intellisys Amends Memorandum, Releases Prospectus on First Acquisition
Michigan-based sanitary waste disposal company will be ‘foundation of the Mainstreet Investment fund’, says Intellisys CEO, Jason Granger

Cayman Islands — Intellisys Capital LLC (“Intellisys”), general partner (GP) of Mainstreet Investment LP, a private investment fund facilitated by the Ethereum blockchain, has amended its initial token offering memorandum (ITOM) in three key areas, as well as the sale’s start date, after consulting with potential investors and the general public. Intellisys has also released an eight-page prospectus on the fund’s first acquisition, a Michigan-based sanitary waste business.

The areas of amendment are:

- Sale Start Date: Moved to Jan. 23, 2017 with an official end date of Mar. 23, 2017.

- Ownership and Distributions: Intellisys has, among other related items, modified the Carried Interest Split from 30/70 to 50/50 for investments that require recourse by the GP or its ownership to obtain competitive financing for leveraged buyout options.

- MIT Clawback and Exit Hurdle: Intellisys has included language that protects Mainstreet Investment Token (“MIT”) capital contributions on investments.

- Discounts: Intellisys has modified the discount structure to reduce arbitrage concerns for early investors and bulk investors.

To allow time for these newly amended items to be reviewed by interested parties and to provide adequate testing of the smart contract prior to release to trading exchanges, the date of the crowdsale has been moved, according to Jason Granger, chief executive officer of Intellisys.

The revised and updated ITOM can be read in full at intellisys.ai.

In addition to the above changes, Intellisys has also released a prospectus on the fund’s first investment, a sanitary waste disposal company.

As Granger explained, this first business is an essential building block for the fund, an important piece to pave the way for significant growth.

“It is the foundation of the Mainstreet Investment fund,” said Granger. “We have worked tirelessly the last nine months to make this first acquisition happen.”

The prospectus details the sanitary waste company’s history, its management and employee information, industry involvement, affiliations, competitive disposition and more.

The company has 20 years of experience in the sanitary waste industry and is a well-known entity in the space.

“Its well-established presence, combined with the untouched landscape in terms of investment, will allow the fund to lead its first company to new heights, formulating plans of market consolidation and growth,” said Granger.

The long-term goal for the sanitary waste company is to build it into a national organization over the next decade, which will provide sustained gains for investors.

As detailed in the prospectus, an acquisition rollup strategy will take place to acquire three to five companies each quarter with an overall objective of retaining 25 percent of the market share in Michigan over the course of the next five years.

Over 20 companies have already been identified for acquisition with as many as five that will be eligible for closing in early 2017, which will have a significant impact on company performance within the first six months.

Charlie Shrem, chief technical officer of Intellisys, said he was excited to have this first investment in the pipeline.

“We will be closing this deal as soon as we hit the required investment threshold,” he said.

Shrem added, “This will be the first time global crypto-investors will own physical, stable U.S. companies,” providing the opportunity to contribute cryptocurrency-based funding to mainstream American companies.

The prospectus is available to read in full at mainstreet.ky.

About Intellisys Capital
Intellisys Capital Management, LLC, was founded for the purpose of managing a portfolio of companies that have high-growth opportunities. Intellisys is a major shareholder in Mainstreet Investment, LP, a private equity fund powered by the Ethereum blockchain.

For more information visit intellisys.ai and mainstreet.ky.

For media inquiries, contact:
[email protected]

We've announced today that the Mainstreet LP has negotiated the first company its purchasing.

When you buy a token, you own a piece of Mainstreet LP which owns companies.

Once the ITO starts Jan 23rd, we will use the first 1m USD to purchase this company.

What? Any angel investors buy your company share? Or they invest in the company? I can't catch it. So you have first round fund already? I know Charlie you have more than 10k btc, maybe more than 100k btc, you need no working any more.

New article out today:


Charlie Shrem's Post-Prison Blockchain Project Sees Gold in Garbage
http://www.coindesk.com/charlie-shrems-post-prison-blockchain-project-sees-gold-in-garbage/

Our first company purchase has been negotiated, we will be updating the prospectus shortly here.

We've made some changes including the ITO date, ownership, will be released shortly.

-Charlie Shrem

He means more signature campaigners will bump the OP more often, more exposures=more fund, you need a signature campaign, not only for those hero members or staff.

Our smart contract will be open source in a few days, so we will have a bug bounty!

HOLIDAY BOUNTY???

 

The fund is closed to US and EU residents. We don't want to, but like you said, the laws are murky and I don't want to risk it.

Possible regulatory issues?  This will be a test to see how sec etc respond.

What do you mean?

I think the developer should look towards signature bounty too to accomodate more people on the thread, I believe this thread should always be found on the first page of the Announcement section, I always search for it from other pages for any update on the ICO and the  exchange news. I know the developers have strong contact but I was here during ICONOMI ICO, the thread is always found on the first page and even sustained this after the ICO.