A DPO is a public offering of securities by a business to raise capital from both accredited and unaccredited investors. Mr. Sparkle’s DPO is an opportunity for you to keep your dollars in the local economy, invest in a local business and good job creation. It is different from the crowdfunding on websites like Indiegogo and Kickstarter where supporters contribute donations rather than invest with the potential for a financial return.
Mr. Sparkle intends to use the proceeds of this raise to expand the geographic reach of the business and to increase sales in existing locations.
- Increasing staff at satellite offices
- Expanding the training program
- Develop a greater share of the commercial market
- Further development of custom software
- Updating the Company’s website
- Tenant improvements
- 5% annual dividend
- Shares of series A Preferred non-voting stock
- $2,500 minimum investment
- Open to California residents only
- Discounts on services for investors
- Annual report of company’s financial performance
- Investor only events
Your shares will earn dividends of 5%, which will be paid in cash at the end of each year. If the company is sold or liquidated, investors will have a preferential right to receive their investment amount plus accrued dividends. The company can choose to repurchase the shares at the investment amount plus accrued dividends at any time. Shares are transferable and redeemable subject to restrictions described in the offering materials.
- Investors of $2,500 or more receive an annual 5% discount on services (up to $50 discount per year) which may be combined with other offers.
- Investors of $5,000 or more receive an annual 10% discount on services (up to $100 discount per year) which may be combined with other offers.
- Investors of $10,000 or more receive an annual 10% discount on services (up to $200 discount per year) which may be combined with other offers.
- Every investor will receive a Mr. Sparkle t-shirt
All investments are about risk. We believe our offer of a 5% annual return, a 10% bonus if the investment is left with us for more than 10 years, plus the investment perks to be very competitive compared to Treasury bonds, CDs and Savings accounts. Plus you can always drop by and say hello. Our doors are open.
Yes. Dividends start accruing as soon as your funds are deposited.
Yes. As long as the entity which holds the shares is a California resident.
Please make you check payable to Mr. Sparkle, Inc. and mail it to:
Mr. Sparkle, Inc
11881 Skyline Blvd
Oakland, Ca 94619
This FAQ is not an offer to sell any securities. Offers to sell are pursuant to authorized offering materials only. The offering is limited to California residents that meet suitability requirements. Verification of both California residency and suitability requirements must be met to receive the authorized offering materials.