Vancouver, British Columbia--(Newsfile Corp. - July 3, 2015) - InvestmentPitch Media (www.investmentpitch.com) plans to launch an equity crowdfunding campaign in order to raise funds under the new Canadian Start-up regulations.
For the first time in Canada, the average investor can make investments in the same companies that were previously only available to the small percentage of investors that met the restrictive accredited investor definitions.
On May 14, 2015 the securities regulatory authorities of six Canadian provinces approved a new start-up crowdfunding exemption allowing start-up and early stage companies, with a head office in British Columbia, Saskatchewan, Manitoba, Quebec, New Brunswick or Nova Scotia, to more easily raise capital.
Vancouver-based InvestmentPitch plans to be one of the first companies to take advantage of this new exemption.
Under these new regulations, investors are limited to investing only $1,500 in each company, with each qualifying private company limited to raising $250,000 twice a year.
InvestmentPitch has set a price of $0.05 per share, thereby allowing each investor to purchase up to 30,000 shares. These investments can only be handled by a small number of authorized financial websites. If you would like to be advised when this campaign goes live this month, please email bmorgan@investmentpitch.com.
If you cannot view the video above, please visit:
https://www.youtube.com/watch?v=MZ8Kdw7E83A
If you would like more information about InvestmentPitch and this offering, please watch this video. If this video is not enabled for viewing, please visit www.investmentpitch.com and enter private placement in the search box.
Concurrent with this crowdfunding, the company is also offering a limited number of shares to accredited investors at the same price.
Proceeds of this fundraising will be used for marketing, sales, upgrading the website, completing the audit, and preparing a prospectus for an IPO, prior to applying to list on a Canadian stock exchange.
About InvestmentPitch
InvestmentPitch is a leading producer and distributer of specialized video content for the investment community. The company operates the financial website platform www.InvestmentPitch.com, which contains one of the largest libraries of video content for publicly traded companies. As a content provider to media giant Reuters, the company has, arguably, the most extensive video distribution network in the financial industry. The company offers packages including video production, hosting, and distribution, along with press release distribution for less than $1,500.
In you represent a private company that is currently using or planning to raise funds through equity crowdfunding, you should consider having InvestmentPitch host your video, or produce one for you, and direct potential investors to your crowdfunding portal.
CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan@investmentpitch.com
