OFFERING MEMORANDUM SUMMARY
The minimum SAFT subscription is USD $25,000, which may be waived in our sole discretion. The Offering may be extended, withdrawn, or closed at any time in our sole discretion without notice.
The Subscription Price of Haracoin is equal to USD $.30 per Haracoin (“HRC”) Token plus one or more “Bonuses” according to the following schedules:
“Bonus 1” based upon time of Subscription:
July 10, 2018 through July 25, 2018: 100% Bonus
July 26, 2018 through August 15, 2018: 80% Bonus
August 16, 2018 through September 5, 2018: 50% Bonus
September 6, 2018 through September 20, 2018: 30% Bonus
September 21, 2018 and beyond: 20% Bonus or less in the sole discretion of the Token Issuer.
“Bonus 2” based upon Subscription Amount:
$1,000,000 up to $4,999,999.99: 10% Bonus
$5,000,000 up to $9,999,999.99: 20% Bonus
$10,000,000 up to $14,999,999.99: 30% Bonus
$15,000,000 up to $19,999,999.99: 40% Bonus
$20,000,000 or more: 50% Bonus
For example, and for illustrative purposes only, in the hypothetical event a Subscriber’s funds of USD $900,000 are received by the Token issuer on July 22, 2018 at USD $.30 per HRC Token, such Subscriber shall be entitled to receive 6,000,000 HRC Tokens (i.e., 3,000,000 plus a 100% Bonus (3,000,000)) upon fulfillment by the Token Issuer. If the same Subscriber were to, instead, subscribe with USD $1,200,000 on such date, then the same would be entitled to receive 8,400,000 HRC Tokens (i.e., 4,000,000 plus a 100% Bonus (4,000,000) plus an additional 10% Bonus (400,000)) upon fulfillment by the Token Issuer. After September 21, 2018, these terms may be withdrawn or modified at any time in the Token Issuer’s sole discretion.
HARA, INC. OFFERING MEMORANDUM USE OF FUNDS
Our current estimated use of proceeds from the Offering, subject to substantial and material change in our sole discretion, may be allocated in our sole discretion to fund a multitude of projects and ventures being pursued by Affiliates of Hara, Inc., including, but not limited to, Harago, Inc., Harachat, Inc., BlueSkyBit, Inc., Harastream, Inc., Haralive, Inc., Haratunes, Inc. (collectively, our “Affiliated Project Companies”) and/or other entities or projects which may be deemed by our management as beneficial to us. Such Affiliated Project Companies, in turn, shall be engaged in U.S. domestic and international operations, research and development, production, licensing, employees and employee benefits, computer hardware and software purchase and development, legal fees, domestic and international marketing, office space, acquisition of real estate, development and production of feature films and television shows, development and production of music and investment into actors, artists and musicians. We or our Affiliated Project Companies may also utilize the proceeds of the Offering for any other business-related expenses including, but not limited to, Offering expenses, legal, accounting, due diligence, overhead, marketing expenses, retirement of debt, settlements, interest payments, redemptions, etc.