Evergreen Digital Media expects to sell $250,000 worth of equity to investors in a non-brokered financing round. The equity offered hasn’t been subscribed yet by investors. Based on the information disclosed, the $250,000 offering is structured to remain open until May 2015 or when the fundraising cap is reached, whichever one comes first. This is the first time the company is filling a security offering under a registration exemption with the SEC.
The company is a community based advertising network developer for small businesses. The company uses cellular-based digital media screens that can be deployed anywhere there is an outlet and a cell signal. Content and screen activity is controlled through a web portal.
The company, headquartered in Lakewood CO, is led by Donald Winfrey (CEO and Chief Financial Officer). Evergreen Digital Media elected to keep its revenues undisclosed.
The executive team includes John Hernandez and Phil Salice.
Company: Evergreen Digital Media
Amount offered: $250,000
Data as of: 05-16-2014