LITT Investment Opportunity

Deal Type: Regulation CF
MIN INVESTMENT
$1,000 USD
SHARE PRICE
$0.10 USD
X
Minimum investment is $504 + 1.5% transaction fee
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
Investment Details
MIN INVESTMENT
$1,000 USD
SHARE PRICE
$0.10 USD
X
Minimum investment is $504 + 1.5% transaction fee
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
Additional Information
For International, Corporate and Joint Accounts: Click Here
    Perks
    Share Based:
    $5,000 or more
    Matched with dollar-for-dollar free LITTLAND.
    20% Bonus shares
    $10,000 or more
    Matched with dollar-for-dollar free LITTLAND.
    25% bonus shares.
    $15,000 or more
    Matched with dollar-for-dollar free LITTLAND.
    35%% bonus shares.
    Time with founders.
    Company based
    All investors will receive an investor verified user profile.
    The bonus shares will NOT be displayed in your DealMaker account dashboard.
    I consent to receiving reports, promotional emails and other commercial electronic messages from Infinity or from other service providers on behalf of Infinity.

    FAQs

    Why invest in startups?

    Regulation CF allows investors to invest in startups and early-growth companies. This is different from helping a company raise money on Kickstarter; with Regulation CF Offerings, you aren’t buying products or merchandise - you are buying a piece of a company and helping it grow.

    How much can I invest?

    Accredited investors can invest as much as they want. But if you are NOT an accredited investor, your investment limit depends on either your annual income or net worth, whichever is greater. If the number is less than $124,000, you can only invest 5% of it. If both are greater than $124,000 then your investment limit is 10%.

    How do I calculate my net worth?

    To calculate your net worth, just add up all of your assets and subtract all of your liabilities (excluding the value of the person’s primary residence). The resulting sum is your net worth.

    What are the tax implications of an equity crowdfunding investment?

    We cannot give tax advice, and we encourage you to talk with your accountant or tax advisor before making an investment.

    Who can invest in a Regulation CF Offering?

    Individuals over 18 years of age can invest.

    What do I need to know about early-stage investing? Are these investments risky?

    There will always be some risk involved when investing in a startup or small business. And the earlier you get in the more risk that is usually present. If a young company goes out of business, your ownership interest could lose all value. You may have limited voting power to direct the company due to dilution over time.  You may also have to wait about five to seven years (if ever) for an exit via acquisition, IPO, etc. Because early-stage companies are still in the process of perfecting their products, services, and business model, nothing is guaranteed. That’s why startups should only be part of a more balanced, overall investment portfolio.

    When will I get my investment back?

    The Common Stock (the "Shares") of LITT Global, Inc. (the "Company") are not publicly-traded. As a result, the shares cannot be easily traded or sold. As an investor in a private company, you typically look to receive a return on your investment under the following  scenarios: The Company gets acquired by another company. The Company goes public (makes an initial public offering). In those instances, you receive your pro-rata share of the distributions that occur, in the case of acquisition, or you can sell your shares on an exchange. These are both considered long-term exits, taking approximately 5-10 years (and often longer) to see the possibility for an exit. It can sometimes take years to build companies. Sometimes there will not be any return, as a result of business failure.

    Can I sell my shares?

    Shares sold via Regulation Crowdfunding offerings have a one-year lockup period before those shares can be sold under certain conditions.

    Exceptions to limitations on selling shares during the one-year lockup period:

    In the event of death, divorce, or similar circumstance, shares can be transferred to:

    • The company that issued the securities
    • An accredited investor
    • A family member (child, stepchild, grandchild, parent, stepparent, grandparent, spouse or equivalent, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships)
    What happens if a company does not reach their funding target?

    If a company does not reach their minimum funding target, all funds will be returned to the investors after the close of the offering.

    How can I learn more about a company's offering?

    All available disclosure information can be found on the offering pages for our Regulation Crowdfunding offering.

    What if I change my mind about investing?

    You can cancel your investment at any time, for any reason, until 48 hours prior to a closing occurring. If you’ve already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To submit a request to cancel your investment please email:investors@thelittapp.com

    How do I keep up with how the company is doing?

    At a minimum, the company will be filing with the SEC and posting on its website an annual report, along with certified financial statements.  Those should be available 120 days after the fiscal year end.  If the company meets a reporting exception, or eventually has to file more reported information to the SEC, the reporting described above may end. If these reports end, you may not continually have current financial information about the company.

    What relationship does the company have with DealMaker Securities?

    Once an offering ends, the company may continue its relationship with DealMaker Securities for additional offerings in the future.  DealMaker Securities’ affiliates may also provide ongoing services to the company. There is no guarantee any services will continue after the offering ends.

    What’s your share price?

    $0.10

    What is the minimum investment size?

    The minimum investment size for this current round is $1,000.

    What kind of shares are you issuing?

    Common

    How much are you raising?

    $5M

    What is the current valuation of the company?

    $50,000,000

    Why Should I Invest?

    The market potential of social media, digital payments, and the metaverse are staggering and LITT is pioneering unique ways to integrate these markets together with an all-in one app delivering new twists on social media, gaming, and digital payments. Their IP behind their gift card aggregator is already sought after. Now their partnership with DASH Radio with over 20m monthly listeners and brand deals with some of the largest companies in the world, LITT could bring in millions of new users and revenue in a very short period.

    How Will You (Investor) Make Money?

    We’ve already made $527k in LITTLAND sales and $100k in advertising revenue within the last six months. We have just acquired a company called Cities of Treasure that has put us on the gaming map with some of the largest brands in the world joining us with brand deal giveaways worth 10’s of millions for our soft launch on November 1st.  We are in the final stages of another major acquisition that will give the LITT app access to over 20 million people and 500,000 users that will also be another revenue and user growth driver. These strategic moves we are making are priming us for an IPO or Trade sale in the next 2-3 years and this is when we expect our investors to make a multiple return on their investment.

    How do I know people will adopt this solution?

    We already have a growing user and brand base with cultural icons joining our team. We are making strategic acquisitions that bring with them an engaged userbase and LITT is simply enhancing their experiences. This is proof that we know people will adopt our solution as the worlds first super app.

    How do you plan to use the proceeds from this funding round?

    $1.25m is being used for the Cities of Treasures Acquisition from Marc Weinstock the current President of Distribution and Marketing at Paramount Pictures. Marc will stay involved with the company as it transitions into LITTLAND of treasures.

    $1.25m of Celebrity Partnerships

    $2.5m for operating expenses.

    What perks do I get for investing?

    Share Based

    $5,000 or more

    • Matched with dollar-for-dollar free LITTLAND.

    $10,000 or more

    • Matched with dollar-for-dollar free LITTLAND.
    • 5% bonus shares.

    $15,000 or more

    • Matched with dollar-for-dollar free LITTLAND.
    • 10% bonus shares.
    • Time with founders.

    Company based

    • All investors will receive an investor verified user profile.
    Can I attend a live webinar?

    Yes you can find a link to sign up for our next webinar at home.thelittapp.com/webinar

    How do I get a return on my investment?
    • Investing in startups is risky and there is no guarantee you will get a return on your investment. However, an exit opens up the opportunity where you could convert your shares into cash or a more liquid asset. Exits include going public, getting acquired by a larger company, or our company buying back shares. If the value of our company grows, then you have a higher potential of making a profit on your investment during one of these exits.
    • You are investing in a pre-revenue company. Success will be measured in progress towards revenue. Future liquidation events could include acquisition or an IPO.
    How long are you expecting the company to operate before needing another round?

    18-24 months. We expect to raise additional capital to make more strategic acquisitions however we don’t expect to do this for at least another 18 months and this $5m will see us through this period and to hopefully a point of being in a cashflow positive position on a month to month basis.

    What is the exit plan for the company?

    The plan is to build a successful, valuable company. Exit opportunities like an acquisition or IPO could follow in due course

    What industries are you currently focused on?

    Social media, Gaming and Digital payments. We are making a strategic acquisition that will be in the traditional media sector.

    How many investors do you have already?

    LITT was originally founded in Australia before making its move to the USA. We conducted a $1.5m crowdfund raise that resulted in over 700 new crowd investors with approximately 25 early investors.

    When will I receive my shares?

    Shares will be rewarded after the investment funds clear. This typically takes around 3 weeks after investment.

    Are there higher fees if you invest via credit card vs. ACH?

    No, costs are the same, regardless of how you invest

    Will you be paying out dividends to investors?

    If the company is in a profitable position to keep growing at scale before we seek an IPO or trade sale exit for our investors, then yes we will pay dividends. This will be determined at the time and of course we aim to pay dividends at some point.

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    Government-required identity & anti-fraud checks secure all transactions. Why Do We Need This?

     

    Since this is a financial transaction we are required by regulators like the SEC & US Department of Treasury to perform AML (Anti Money Laundering) & KYC (Know Your Customer) verification in order to avoid money laundering, fraud, and identity theft. 

     

    Our broker-dealer, DealMaker Securities, LLC uses a Taxpayer Identification Number (TIN), for example Social Security Number (SSN), Employment Identification Number (EIN), Individual Tax Identification Number (ITIN) to fulfill its responsibilities with its Anti-Money Laundering (AML) Program as required by the Bank Secrecy Act (BSA) and its implementing regulations and FINRA Rule 3310 (AML Compliance Program) by requesting, reviewing, and verifying data and documentation provided during securities transactions, prior to acceptance. 

     

    Here’s why they are required for startup investments:

     

    1.

    Preventing Illegal Activities: Money laundering involves the concealment or disguise of money derived from criminal origins by processing it through a single or series of transactions to make it appear as if it comes from a legal, legitimate source or constitute legitimate assets. Having a verification process, whereby investors are reviewed, checked against governmental databases, and all investment funds are evaluated, startups can feel confident they are protecting themselves from civil and criminal penalties and preventing terrorist financing, drug trafficking, tax evasion, corruption, fraud, and other financial crimes.

     

    2.

    Identity Verification/Data: KYC processes help collect essential pieces of data and verify the identity and authority of the investors, ensuring that they are indeed who they claim to be and are authorized to process the transaction they seek to make. This protects against identity theft and fraud.

     

    3.

    Regulatory Compliance: Compliance with AML and KYC requirements is mandatory in many jurisdictions. Failure to comply can lead to severe civil penalties, including heavy fines, and even criminal penalties.