TORONTO, April 5, 2017 /PRNewswire/ -- Daymak Inc. is launching a new campaign offering investors the opportunity to buy shares in Daymak as they look to expand coast to coast across Canada in 2017. The campaign, launching April 1st 2017 can be viewed from FrontFundr.com and offers the public the opportunity to purchase shares of Daymak starting at $1.25 per share with a minimum investment of $500. The campaign is looking to raise a minimum of $150,000 with a maximum total investment of 1.5 million dollars CAD.
Daymak is one of Canada's leading producers in light electric vehicles, including e-bikes, scooters, atvs, toys and more. These vehicles produce 0 carbon emissions and can be charged using any household outlet and require no license or registration making them inexpensive, accessible and green.
President of Daymak, Aldo Baiocchi believes that this is the next big step in environmentally friendly transportation. "We need to have a physical presence throughout Canada! We've developed a profitable model that has proven success in reducing the number of gas vehicles on the road in the GTA. We're now looking replicate that formula across the country. Our goal for 2017 is to open retail centers for light electric vehicles in all our provinces. A place where you can touch and try every product."
Currently EbikeUniverse is a dealer exclusive program by Daymak that has two retail locations in Toronto, and has plans of immediate expansion in Vancouver, Calgary, Montreal and Quebec City by summer of 2017. Shortly followed by retail locations in Saskatoon, Winnipeg, Halifax, St. Johns (Newfoundland) and Saint Johns (New Brunswick). Mr. Baiocchi continued "Offering full service locations across Canada will give the riders the chance to experience the product in person and feel confident that service is available near them. We will offer mobile service within 300 km range of the stores."
Proceeds raised by the FrontFundr campaign will go towards expediting this process bringing a designated ebike distribution center serving 95% of the Canada's population (including surrounding areas).
FrontFundr is a fintech company that enables entrepreneurs to raise capital from all Canadians. Investing in private companies was previously limited to angel investors and venture capitalists, but after recent regulatory changes, private investing is now open to a wider spectrum of investors. Canadians can now invest online in companies that they believe in through the FrontFundr platform alongside seasoned investors, while directly contributing to innovation and sharing in the growth of companies they believe in. FrontFundr operates its online investment platform as a fully registered Exempt Market Dealer (EMD) in eight provinces in Canada.
The Frontfundr campaign closes on April 30th and can be accessed here with all financial information on Daymak Inc. You can learn more about the products and services Daymak offers here at www.daymak.com.
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SOURCE Daymak Inc.