Hi everyone, hope all is well on your side! What a week since we’ve launched the OuroX exchange...Have you made an account yet?!
I wanted to take this chance to send gratitude from the heart to our new investors. We’re happy to welcome you to the financial revolution taking LatAm and the Caribbean by storm!
Now there is a lot going on behind the curtains that we cannot speak about yet…but trust me, it’s going to be worth the wait! In the mean time, I can tell you this:
We’re currently undergoing a CPA review, which is necessary to file an amendment to increase our raise cap to US$1.07 million. After we’ve raised the US$1.07 million, we get audited. After which we plan to raise up to a total of US$15 million in the form of a Reg A+ offering, in order to obtain broker dealer licenses in Asia, Europe and the US, in addition to rolling out our products (Securities on OuroX; OuroPay and Fuente) as planned.
You can currently invest and own a part of the company. We will start to pay out dividends in 2020. When you invest, the funds go into an escrow account and we have to file a disbursement if we want to withdraw money out of escrow. In addition, we need to account for how that money will be spent.
We know many of you have been wondering about how we plan to achieve our goals, looking at the current raise cap of US$ 107K and knowing about our plans and mission. To obtain the proper licenses and add more features, we need to raise capital. And a lot more than US$ 107K, which is why we plan to raise US$ 15 million.
We hope this clears things up! If you happen to have any questions about this (or anything else), feel free to contact us at firstname.lastname@example.org.
Talk soon! Happy Weekend!