Maximum 100,000* shares of common stock ($100,000)
*Maximum subject to adjustment for bonus shares. See 10% Bonus below
Minimum 10,000 shares of common stock ($10,000)
|Farr Hotels & Resorts, Inc|
|930 N. 35E, Lancaster, Texas 75146|
|Description of Business|
|Farr Hotels & Resorts, Inc is an Hospitality Startup that acquires, manages, and invests in Eco Friendly Hotels & Resorts. Our mission is to create Eco Friendly Hotels & Resorts through Eco Friendly Transformation.|
|Type of Security Offered|
|Purchase Price of Security Offered|
|Minimum Investment Amount (per investor) |
Everyone — Frequent updates on our Eco Friendly Hotel progress.
$100.00+ ---- A free drink (non alcoholic) and a meal including 1 night stay (Standard Room) at Farr Hotels & Resorts (upon development).
$500.00+ — A free drink (non alcoholic) and a meal including 2 nights stay (Standard Room) at Farr Hotels & Resorts (upon development).
$1,000+ — A free drink and a meal including 2 nights stay (Queen) at Farr Hotels & Resorts (upon development).
$2,000+ — A free drink, meal and 3 nights stay (Queen) at Farr Hotels & Resorts (upon development).
$3,000+ — A free drink, breakfast, lunch & dinner meal and 4 nights stay (Queen or King) at Farr Hotels & Resorts (upon development).
$5,000+ — A free drink, breakfast, lunch & dinner meal and 5 nights (Queen or King) stay at Farr Hotels & Resorts (upon development).
$10,000+ — A free exclusive dinner with a meet and greet the founder of the Farr Hotels & Resorts Hotel, 7 individual hotel nights stay (Suite), 1 weekend stay at a Farr Hotels and Resorts property with 5 drinks included (upon development).
$50,000+ --- A free exclusive dinner with a meet and greet the founder of the Farr Hotels & Resorts Eco Friendly Luxury Chain, an Honorary Plaque on the lobby wall, 10 individual hotel nights stay (Suite), 3 weekend stay at a Farr Hotels and Resorts property with 10 drinks included with a free Farr Hotels & Resorts Custom Robe (upon development).
$100,000+ --- Everything included at the $50,000+ level, plus VIP Invite to the Official Grand Opening (upon development).
*All perks occur after the offering is completed, and upon completion of development. No hotels currently exist.
The 10% Bonus for StartEngine Shareholders
Farr Hotels will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders (with ≥ $1,000 invested in the StartEngine Reg A+ campaign) within 24 hours of this offering going live.
StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% bonus on this offering within a 24-hour window of their campaign launch date. This means you will receive a bonus for any shares you purchase. For example, if you buy 100 shares of common stock at $1/ share, you will receive 10 common stock bonus share, meaning you'll own 110 shares for $100. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement.
The Company might incur Irregular Use of Proceeds that may include raising more money, but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.