Maximum 35,660 shares of Series A-1 Preferred Stock ($106,980)
Minimum 3,334 shares of common stock ($10,002)
|Corporate Address||2404 Wilshire Blvd. Unit 4i, Los Angeles, CA 90057|
|Description of Business||MUMO is a social music app that lets you share the music you are listening to in real-time.|
|Type of Security Offered||Series A-1 Preferred Stock|
|Purchase Price of Security Offered||$3.00 per share|
|Minimum Investment Amount (per investor) ||$300.00|
Phase 1 (This Offering): Up to $106,980 - 35,660 shares offered at $3 / share
We are currently in the financial and legal review process to increase our maximum offering and offer additional shares, as required by SEC law. After this process is complete we will advance our offering to Phase 2. The proposed details of Phase 2 are below:
Phase 2: Up to an additional $428,010 - 142,670 shares offered at $3 / share
Total Regulation Crowdfunding goal: $534,990 - 178,330 shares offered at $3 / share
$1,000+ We will swag you out with a MUMO gift pack.
$2,500+ You will receive all above perks and an invitation to a private music event in Los Angeles. Lodging and transportation not included.
$5,000+ You will receive all above perks and an invitation to meet the team at the MUMO Content Lab in Los Angeles and get a sneak peak of what we're working on. Lodging and transportation not included.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include 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."
Most recent fiscal year-end:
Prior fiscal year-end:
Cash And Cash Equivalents
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.