Disclaimer: The below assessment is provided for informational purposes only and is not meant as a solicitation to buy or sell any securities related to the subject of this paper. All views and interpretations prescribed in this assessment are those of the author without communication or review of the company in question. This is a personal interpretation of the information provided by No Borders Inc. This is not a recommendation to buy or sell stock related to ticker NBDR.
Upfront Assessment: This past week, NBDR announced the sale of two 2.5 million share blocks from its qualified Reg 1A offering. These 5 million shares represent 1% of the total offered shares and just over 7% of the minimum thresholds set by NBDR and translates to $50,000.00 of capital added to the company. As stated numerous times, multiple funding sources have offered to front the entire offering, but the NBDR team has remained steadfast in their commitment to non-toxic funding sources. Although the offering size may be a coincidence, it cannot be ruled out as an intentional action in an attempt to reduce the dilutive effect any single funding source could have on the stock price of NBDR.
As stated above, the current round of collected capital adds $50 thousand to NBDR’s balance sheet, which could be used for a multitude of company actions. On the spectrum of possible options, NBDR has for utilization of this infusion. Along this spectrum include a most likely/least likely framework. On the least likely end rests the high-risk high reward of corporate expansion and, on the other end rests the low-risk low reward of protecting gains and setting conditions for future growth.
Based on the information provided within the Reg 1A and capital utilization table (see links and analysis below), very few items can be provided for with the current funding amount. The most likely allocation of this funding would be to pay the funding expenditures for the offering itself. The cost of the offering paid for the remaining financing may be used to procure additional inventory and launching a new marketing campaign. This would provide for the quickest way to return capital to NBDR as revenue. This would allow NBDR to realize gains and to capitalize most effectively on the opportunity presented with the funding. This action may be conducted without fan-fair, and as such, no PR is expected.
This concludes the assessments. See reference material and PR excerpts below for additional information.
No Borders, Inc. Announces 2019 End of Year Capital Infusion Via Qualified RegA From Tri-Bridge Ventures and Friendly Investors
No Borders, Inc. (Ticker:NBDR), a Nevada corporation, today announced that it successfully raised a limited amount of capital via its SEC qualified RegA offering with share sales to both institutional and private investors prior to the end of the 2019 calendar and company fiscal year.
The Board of Directors of No Borders, Inc. is proud to have issued 2.5 million shares of NBDR common stock through the companys currently qualified RegA offering to Tri-Bridge Ventures of New York City. Tri-Bridge is well known and highly respected in the OTC Market RegA funding sector and the Company is grateful to have had Tri-Bridge Ventures as the only institutional investor in 2019. In addition to the issuance to Tri-Bridge Ventures, the Company also issued an additional 2.5 million shares to private investors with a longer term investment focus prior to the closing of 2019 year end.
No Borders, Inc. SEC Reg 1A
In late September 2019, No Borders, Inc requested and was granted permission from the SEC to conduct a Reg 1A filing for the sale of 300 million shares of common stock at a par value of $0.01 per share. The goal of this sale, according to No Borders, is to raise capital for company scaling.
The amended Reg 1A can be found at: https://www.otcmarkets.com/filing/html?id=13692800&guid=v1GjUeuR5lhTMth
Previously conducted analysis can be found at: https://randomanalysts.wordpress.com/2019/10/08/catching-up-on-no-borders-inc-otcnbdr/
Interview with CEO Joseph Snyder in regards to Reg 1A can be found at: https://youtu.be/z58PDi5xIFs