$1 million fundraising launched by Multimedia Platforms

mmp worldwideMultimedia Platforms disclosed in an SEC filing, launching a $1 million non-brokered equity financing round. The placement is structured to close in May 2015 should the fundraising target not be reached. The company didn’t report selling securities thus far. The equity offering’s estimated net proceeds will amount to $920,000 which excludes $80,000 to be paid toward officers’ salaries. This is the first time the company is filling a security offering under a registration exemption with the SEC.

Multimedia Platforms develops a Lesbian, Gay, Bisexual and Transgender (LGBT) media platform consisting of newspapers and digital magazines such as Florida Agenda, Guy Magazine and Guymag.net, as well as mobile applications. The company offers an advertising platform where merchants’ social media pages are connected to the company’s digital publications and network.

Multimedia Platforms, registered in 2014, is headquartered in Wilton Manors FL. It is led by Robert Blair (CEO). The company reported having no revenues.
The executive team includes Jeff Sterling and Timothy Hart.

Multimedia Platforms is registered under the name MMP Worlwide.

Offering recap
Status: Launched
Company: Multimedia Platforms
Industry: Other
Amount offered: $1 million
Data as of: 05-20-2014


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s