Convertible Prepaid Ads

The Polymath, like all startups, will require some initial capitalization.  In our case, the use of proceeds will be primarily for building circulation, however, some will be used to fund prelaunch operations. It is our intent to be immediately profitable upon launch, with investment in circulation limited to cash flow.  So, there should be no need to fund losses.

We are using an innovative capitalization (crowdfunding) method that will provide significant flexibility for both The Polymath (Polymathica Publishing) and its investors.  It will involve the issuance of 1/12 page in-line ads that, at the investor's discretion, may be used at a future date, sold or converted to equity shares.  Because you will be buying advertising, there will be no initial securities restrictions and there will be immediate liquidity.  The investor may convert to equity when Polymathica Publications is notified that local regulations will allow it.

The value of a prepaid ad will be determined by circulation with an assumed value of 10USD CPM with an initial stated value of $50.  At our launch + year three circulation goal of 4.2 million, their projected value will be $12,800.  This crowdfunding offering, which is limited to a total of 2,000 ads, convertible to 200,000 shares in Polymathica Publishing (issued shares will be 10 million) will be equivalent to a seed money round investment and the 'goal' return of 256X is certainly consistent with usual Angel and VC expectations for seed money participation.

Once this Round One financing is completed and The Polymath has been launched, a Round Two offering will be made.  It will also offer 200,000 shares, however, the share value is expected to be 5USD for a total proceeds of 1.0 million USD.  Once fully subscribed and deployed, a Round Three may be offered for another 200,000 shares at a share price to be determined at that time.

Phase One will provide $100,000 of funding.  Use of proceeds will be as follows:

Build Subscriptions   $60,000
Fund Operations         $30,000
Sell ads                           $10,000

Phase One has 28 blocks of 60 ads left at $3,000 each.  However, until we have built our Affiliate network, we will offer prepaid ads individually.  We strongly suggest that those with sufficient resources acquire at least one ad, since, in the future, in addition to the opportunity for substantial capital appreciation, equity holders will receive additional exclusive benefits.

Also, until the launch of Leonardo, currently scheduled for June 30, 2019, those who purchase three prepaid ads will receive a lifetime membership in The Polymathic Institute at no extra cost.  Among other opportunities, these memberships will entitle the purchaser to join the Leonardo Blogger Network. The reason we are doing this is because we need article writers who will come from the Leonardo Blogger Network and we will need advertisers which will come from the Polymathic Enterprise Network.  If you do not have a referral code, use 156334.



Number of Ads
Referral Code

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