Phinge Seeks to Launch an IPO for its Future Rewards-Based OS, Social Media Platforms & Mobile Hardware to Disrupt Apple, Google, Facebook & Big Tech
WILMINGTON, Del., Feb. 13, 2019 /PRNewswire/ -- Phinge™️ Corporation is announcing its plans to raise $50 million in an initial public offering using the Regulation A+ offering established by the SEC in 2015 which allows all interested investors -- not only investment banks or institutional investors-- to participate in the IPO. The minimum investment to participate is $200. This affordable investment entry point will allow the general public, potential future users, businesses and platforms to join us to help build a new and incredible online mobile community which rewards those who participate.
The company intends to use the capital raised from the IPO to continue developing the world's first Rewards-Based OS, its search portal PhindNow™️, as well as integrated retail, social media, video, streaming and messaging platforms beginning with its first social media and video sharing platforms Phriendle™️ and Piccial™️. In addition, Phinge looks to continue the development of its state-of-the-art mobile hardware and hybrid devices like PHONEBOOK™️ and cutting edge mobile and computer product lines like DUO™️ and FUTURE™️.
We intend Phinge to be a true community where everyone has the opportunity to be rewarded for doing things they already do on mobile devices each day. From work, play, and social interactions to networking, entertainment, and travel, Phinge believes users and businesses alike should share in the revenues. In perhaps the biggest change to social media ever, Phinge looks to reward its users when they make recommendations and share posts, pictures, videos, and more. When friends or others interact with user recommendations and purchase goods and services associated with them, our users will get rewards from any revenue they help to generate. These rewards will be collected and stored on future Phinge mobile devices, and will spend like real cash at any of our partner merchants, businesses or platforms. It makes perfect sense, right? Why shouldn't the individual promoting something to friends and followers through recommendations or sharing get a reward? Moreover, Phinge will offer rebate rewards to users when they shop through our platforms and with participating merchants. This is a true game-changer.
Currently big tech and social media companies bombard users with the endless unwanted clutter of continuous advertising. No longer will users, consumers and businesses have to accept aggressive advertising or have their personal data and privacy compromised, disseminated or sold to third parties. Users today have been told that such things are the price for the "privilege" of using these current social media sites, apps, and platforms. Well this will no longer be the case. Through Phinge, users will have more choice and control than ever before.
Phinge will be business-friendly and supportive, giving all merchants an equal playing field and the ability to advertise without upfront fees. Through its groundbreaking Rewards-Based OS, future mobile devices and social media apps like Piccial™️, Phriendle™️, and our search portal PhindNow™️, businesses will have the option to advertise to Phinge users and businesses free of charge, eliminating the biggest cost and barrier facing new startups and companies today. Businesses will only pay a percentage of the sale of their goods or services at the time of purchase through our platforms and our mobile devices. This will be a truly unprecedented benefit to assist new start-ups, entrepreneurs, influencers, emerging musicians, artists and others.
Phinge through its application programming interface (API) will allow app developers to make their apps seamlessly rewards-based on our platforms and mobile devices, and instantly available to all of our users. Users will earn rebates and can also redeem their rewards instantly the same as cash with any of our participating partners, app developers, companies and businesses. This will help drive new customers and revenue to those selling within our collaborative community.
Phinge believes in giving back to local communities and organizations as well. Through Phinge Giving™️, a portion of company profits will be donated to approved local charities in Phinge users' own hometowns and communities. Users can even select which charities they would like to see benefit.
Phinge will be launching many more rewards-based platforms in the future including Phreeviews™️, the only integrated rating and review platform that will reward users when other users or random consumers dine, shop or purchase sports and theatre tickets, or goods and services based on their reviews and recommendations of those businesses.
Phinge believes that together we can change the future of technology for the better. We invite you to visit phinge.com/investor-relations.html to explore our exciting vision for a Rewards-Based mobile future and this unique potential investment opportunity. We look forward to welcoming you to our community. Together we can build and experience the mobile world we want to work, play and thrive in.
Press Contact [email protected]
FORWARD LOOKING STATEMENTS
This press release may include ''forward-looking statements.'' To the extent that the information presented in this press release discusses financial projections, information, or expectations about our business plans, results of operations, products or markets, or otherwise makes statements about future events, such statements are forward-looking.
Forward looking statements speak as of the date of the document in which they are contained, and Phinge Corporation does not undertake any duty to update any forward-looking statements except as may be otherwise required by law.
LEGAL DISCLAIMER
Phinge Corporation the (Company) is "Testing the Waters" under Regulation A+ under the Securities Act of 1933 and the revised provisions of the JOBS Act. The Company is not under any obligation to make an offering under Regulation A+. No money or other consideration is being solicited in connection with the information provided, and if sent in response, will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until an offering statement on Form 1-A has been filed and until the offering statement is qualified by the SEC pursuant to Regulation A+ of the Securities Act of 1933, as amended, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date.
Any person's indication of interest involves no obligation or commitment of any kind. The information in that offering statement will be more complete than the information the Company is providing now, and could differ materially. You must read the documents filed. No offer to sell the securities or solicitation of an offer to buy the securities is being made in any state where such offer or sale is not permitted under the "blue sky" or securities laws thereof. No offering is being made to individual investors in any state unless and until the offering has been registered in that state or an exemption from registration exists therein. The securities offered using Regulation A+ are highly speculative and involve significant risks. The investment is suitable only for persons who can afford to lose their entire investment. Furthermore, investors must understand that such investment could be illiquid for an indefinite period of time. No public market currently exists for the securities, and if a public market develops following the offering, it may not continue. Some issuers may intend to list its securities on a national exchange and doing so entails significant ongoing corporate obligations including, but not limited to, disclosure, filing and notification requirements, as well compliance with applicable continued quantitative and qualitative listing standards
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