THIS NEW YORK INTRASTATE OFFERING CLOSED ON SEPTEMBER 17TH, 2019 AT 5PM EST. SEE OUR CURRENT OFFERING HERE
Here are the Basics
We are offering 1,250,000 shares of stock at 10 cents per share in the first of four planned offerings on our journey to take The BeBop Channel public. This first offering is to raise capital for start-up administrative and operations activities and is for a limited time which closes September 30, 2019.*
Investors must first read our Private Placement Memorandum (PPM) for which we have also provided a summary below for non-professional investors.
Submit your Subscription Agreement Request Form where you provide an ID number (Drivers or non-Drivers license number, City, County or State issued ID number, or Utility Bill account or Insurance account number, excluding cell phone) evidencing that you are a resident of New York State.
We will email your Subscription Agreement, you then sign and pay for your shares (check, money order, or credit card) where you will receive an electronic stock certificate that you must hold for a period of months, generally, until your shares are registered for trading (selling) in the public market or for private sale.
The minimum investment is $25 (for 250 shares) and the maximum is $2,000 (for 20,000 shares).
*The Company’s Growth Strategy and Future Planned Offerings (See Private Placement Memorandum Below.)
PLEASE NOTE: This schedule has been approved by our Board of Directors and represents forward- looking statements regarding anticipated planned future offerings. Such forward-looking statements are based on the Company's assumptions and other judgments made in light of information available at the time of preparation of such statements and involve both known and unknown risks and uncertainties. Accordingly, plans and projections, may differ materially from those presented herein. Even when subsequent changes in conditions or other circumstances make it preferable to update or revise forecasts, plans, or other forward-looking statements, the Company disclaims any obligation to update or revise this website or other documents that contain these anticipated offerings. The anticipated offerings included herein are for information purposes only and do not constitute any offer or solicitation to purchase any securities.
10,000,000 Authorized Shares
(Current) Offering CLOSING SEPTEMBER 30, 2019,
1,250,000 shares at $0.10 per share Total: $125,000
Used for general administrative and operating purposes.
Offering Anticipated for Fall 2019
1,500,000 shares at $1.00 per share Total $1,500,000
Used to produce, acquire and license core programming for The BeBop Channel; website, audience, and The BeBop Club affiliate development.
Offering Anticipated for Spring 2020
900,000 shares at $10.00 per share Total: $9,000,000
Used to develop and launch The BeBop Club including e-commerce infrastructure and marketing.
We fully anticipate by this stage to have acquired national advertising accounts to fund the channel and expect to have signed, in anticipation of The BeBop Club launch, several thousand pre-signed members. Anticipated membership will be $7 to $25 per month from the lowest to highest tiers.
PUBLIC OTC Anticipated Fall 2020
$20-$30 per share for a $200MM- $300MM valuation
LET'S GET STARTED!
THE BeBop CHANNEL PRIVATE PLACEMENT MEMORANDUM SUMMARY FOR NON-PROFESSIONAL INVESTORS
This document--sometimes called a Private Placement Memorandum or PPM--is to provide you with all of the information about our company and this offer, both good and bad, to help you in your investment decision.
Because purchasing stocks and the laws which govern them are very complicated, this type of document is most often made for professional investors to understand.
Do not worry as we have prepared this summary of our PPM to put it in a language that everyday folk can understand so here we go!
The Most Important Takeaway from This Document is that:
Even though we think we are a great company with a great idea, like a TV ad about pharmaceuticals, there are a long list of things that can go wrong with the most important outcome being that YOU CAN LOSE a portion or ALL THE MONEY YOU INVEST in us or any other company no matter who they are. So Only invest an amount you can afford to lose!
YOU MUST PROMISE CERTAIN THINGS
To participate in this you have to have at least a general knowledge of how business works, you can provide an ID number to show that you are an adult New York Resident and be on board with the fact that you have to hold the stocks you purchase for a certain period of time--this is not like flipping houses. It is an investment.
HOW STRONG IS OUR BUSINESS?
We are what is called a start-up, meaning we are at the early stages of our development.
Our financial situation is pretty typical for a company at this stage of development. We have NO revenue as we have not started to sell anything yet BUT we also have no debt, meaning loans or salaries to pay as of yet. So, our balance sheet is pretty clean.
WHY WE ARE DOING THIS OFFERING
Precisely because we have not started selling things we are raising money by selling you stock in the company in this offering to set up general administrative things, etc.. There will be future offerings to raise money for other things such as producing shows. Ultimately, the purpose of this and future planned offerings is to get the company set-up to begin selling things, whether it be TV advertising, member subscriptions, or products so that the value of our company and your investment grow!
WHO ARE OUR EXECUTIVES?
It is very important that you know that the executives are not "bad actors" or people who were involved in crimes or prior financial industry actions. We have clean histories.
Gregory Charles Royal, CEO
Sue Veres Royal, CFO
PRIVATE PLACEMENT- HOW IS THIS POSSIBLE IF I AM READING ABOUT IT ON THE INTERNET?
Remember, the laws about stocks, also called securities, are complicated and seemingly conflicted.
Under the law of the Securities Exchange Act a stock offering limited to just New York State residents, called an Intrastate offering, is considered non-public because it singles out a group and it is not available for sale to everyone in different states, even though anyone can read about the offering. The offering is also considered private because the stock will not be traded as of yet on a public exchange like the New York Stock Exchange, Nasdaq or Over the Counter (OTC) market --commonly known as the "stock market".
SO HOW CAN I EVER SELL MY SHARES TO CASH IN ON MY INVESTMENT?
Although currently these are private shares-- meaning they are not registered-- we plan to go public within the next 24 months. When that occurs, your shares will then be registered so that they may be traded (sold and purchased) publicly. Also know that if you purchase this security, you are obligated by law to hold it for a period of months before they can be sold regardless if we went public tomorrow. Your shares may also be registered after such holding period to be sold privately to other persons as long as they are residents of New York State. The reason for these restrictions, which apply to the executives as well, is that private stock purchases are supposed to be investments in the growth of a company, not for flipping like a house.