What are shares of Mode Mobile?
Shares of Mode Mobile represent a fraction of ownership in our company. When you hold a share, you own a piece of Mode Mobile — sharing in the potential growth and future success of our business.
Why would a user want shares of Mode Mobile?
Shares in Mode Mobile are not only a way for us to express our gratitude for your loyalty as a user, but they also offer you the opportunity to become a part of our success.
As a shareholder, you get to participate in our growth and future success. If our company performs well, the value of your shares may also increase — this could result in a financial benefit should you choose to sell your shares in the future.
How can I get shares of Mode Mobile?
There are different ways you can get shares of Mode Mobile:
- Sign-up bonuses: get free shares of the company for free when you first signup for our services, our welcome gift to you!
- Redemption items: you can convert the points you have earned in the app into shares of the company by choosing Mode shares from the list of available redemption items in the app's "Redeem" tab
- Investing: shares of the company are also available to buy through our Investor Portal for anyone willing to invest into the company's future success
What can someone do with shares of Mode Mobile?
Shares of Mode Mobile can be held, sold, or even gifted to someone else.
Holding: As a shareholder, you become a part of our company's journey. You can choose to hold onto your shares with the hope that our company will grow and the value of your shares will increase over time.
Selling: In the future, you may decide to sell your shares. The shares are yours, and you have the complete liberty to sell them whenever you want. However, on account of U.S. Securities Laws, you must hold the shares for one year prior to attempting to sell the shares.
Mode Mobile is not yet a publicly traded company, which means our shares are not traded on an open stock market.
Gifting: You can also gift your shares to someone else, thereby giving them a stake in Mode Mobile. This could be a unique gift to a family member or a friend.
What is Mode Mobile?
Mode Mobile (originally Current Rewards) was founded in 2017 as a cross-platform, music aggregation service — bringing content from dozens of platforms into a single, centralized app.
As we grew, we asked ourselves, “instead of just offering free music, is it possible to solve the root problem and provide people with easy ways to earn more income?”
It was that central question that led us to the creation of the Mode EarnPhone — the first smartphone that pays for itself.
Is there any fineprint?
In general, equity crowdfunding investments in private placements, and start-up investments in particular, are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest in start-ups. Companies seeking startup investment through equity crowdfunding tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Further, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns.
DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck. DealMaker Securities LLC does not make investment recommendations. DealMaker Securities LLC is NOT placing or selling these securities on behalf of the Issuer. DealMaker Securities LLC is NOT soliciting this investment or making any recommendations by collecting, reviewing, and processing an Investor's documentation for this investment. DealMaker Securities LLC conducts Anti-Money Laundering, Identity and Bad Actor Disqualification reviews of the Issuer, and confirms they are a registered business in good standing. DealMaker Securities LLC is NOT vetting or approving the information provided by the Issuer or the Issuer itself. Contact information is provided for Investors to make inquiries and requests to DealMaker Securities LLC regarding Regulation CF in general, or the status of such investor’s submitted documentation, specifically. DealMaker Securities LLC may direct Investors to specific sections of the Offering Circular to locate information or answers to their inquiry but does not opine or provide guidance on issuer related matters.
What is the value of each share?
Shares are currently valued at $0.26USD/share, although previous distributions may have been at a different price. Please consult your agreement to verify your share value, and be aware that share price may continue to fluctuate over time.
Can I buy more shares?
Yes, you can go to https://invest.modemobile.com/ and invest more in Mode Mobile!
I redeemed for shares of Mode. Where are my shares now?
Once you have redeemed your shares in the app, you should receive an email from our partner Deal Maker in the following days with more details about the necessary steps to complete the acquisition of your share. Please add info@dealmaker.tech and dan@mail.modemobile.com to your address book so you'll get future communications about this.
Who is eligible?
Anyone* around the world is eligible to acquire shares of the company.
*With the exception of territories listed by the US (OFAC) Office for Foreign Assets Control (OFAC):
Cuba, Iran, North Korea, Syria, Ukraine, Venezuela, Afghanistan, Belarus, Burma, Central African Republic, China, Democratic Republic of Congo, Ethiopia, Iraq, Lebanon, Libya, Mali, Nicaragua, Russia, Somalia, Sudan, South Sudan, Syria, Yemen, Zimbabwe, Hong Kong
I want to pay for more shares, but don’t want to spend $1000. What can I do?
At this time, our minimum is $1000, but you can still get shares of the company in exchange for points earned in the app!
I’ve been waiting for my shares to be approved after signing. How long will this take? Do I need to do anything else?
Once you have redeemed your shares in the app, and completed the acquisition via the portal of our partner Deal Maker, you don't need to do anything else other than wait for an email from our transfer agent, Transfer Online. That email* will have more info on how to take ownership of your shares. It might take about a month for this email to arrive.
Why are we giving away free shares of Mode Mobile?
We’re saying thank you to all the users of our app for their help in getting us where we are today with free shares in the company.
How much will these ‘free shares’ cost me?
We will not solicit payment for these shares.
How can I sell my shares?
We currently have no public-facing language surrounding our exit strategy beyond the fact that the goal is to have a successful exit (either a public listing or acquisition) so we would not be able to give you a date for this. In the short term, we want to grow the company and shareholder equity in order to get the most value out of a potential liquidity event. If it gives you comfort, our management team has heavily invested their personal capital in this company so you can rest assured that any decisions they make surrounding an exit will benefit all shareholders equally.