We're experiencing a great interest from investors to buy shares in Mowjow. As of today we have received firm orders from more than 170 investors for investments in excess of €200,000.
Consequently, we are at midnight today closing the initial subscription tranche. From tomorrow, Monday, August 26, 2013, the share subscription price will be increased with 50% to €0.15 as previously communicated.
However, we would like to give our existing and prospective investors a last chance to secure their positions and/or increase their stakes in Mowjow. All subscriptions received and paid for before midnight today, Sunday August 25, 2013, will be accepted at the very favourable subscription price of €0.10 per share.
We're holding an investor presentation in the Mowjow offices in Kaptein Hoffs Allé 16, 3116 Tønsberg at 19:00hrs tonight and you're all welcome to attend and bring new prospective investors.
Further, due to the delay in bank reporting we will also allow existing investors to convert accrued commissions to shares at a subscription price of €0.10 when all investor payments have been duly recorded in a few days. Please also note that all unpaid subscriptions will now be deleted and the positions revoked unless special arrangements have been agreed upon in advance with Mowjow.
We welcome you as a valued shareholder in Mowjow and we're all working very hard to make this a great success for mutual benefit. The coming weeks will be very exciting and you can expect great news from us...
If you have any questions, please do not hesitate to contact me on my email [email protected] at any time.
Have a great Sunday!
Founder, Chairman & CEO of Mowjow
This article was originally published as a shareholder update on August 25, 2013.