SuperdopeTV COO Leighton Lloyd in Dubai seeking to attract investors to their MicroVentures crowdfunding campaign; Undisclosed material change has MicroVentures investors wondering why they weren't told and given the chance to re-invest [Op-Ed]
Posted on December 8, 2017 at 1:13am PST NO FORM C AMENDMENT
Has SuperdopeTV advertised the qualifications of COO Leighton Lloyd in seeking to attract investors to their MicroVentures campaign?
It sure seems like it, considering he's hob-nobbing with the affluent on behalf of SuperdopeTV at Dubai Film Festival. Why would this seemingly MATERIAL CHANGE not be diclosed in the offering, especially on the regulated Superdope Form C investor disclosure document? Proof in prior articles shows that Lloyd was appointed prior to 11/28, according to Simka's own attorneys at Estelle & Kennedy.
The material change of Leighton Lloyd becoming COO of #SuperdopeTV on November 28th should have been mentioned in the SEC Form C (https://t.co/YZD4MJ2Skm ) for #crowdfunding disclosure on @microventures. #NotCool #AngryGrandpa #Disclosure #Investment #Victims pic.twitter.com/98MkFWQCaT— JOBS Act Title III Predatory Financing (@RegCF) December 13, 2017
Not to mention, it says right on SEC.gov that "If an investor does not reconfirm his or her investment commitment after a material change is made to the offering, the investor's investment commitment will be cancelled and the committed funds will be returned."
According to MicroVentures.com, "If, prior to closing the funding, the company you're investing in makes a material change to the offering terms or other information that was disclosed to you, you will be given five business days to confirm that you still want to make your investment. If you do not confirm your investment within five business days of that notification, your investment will be cancelled."
Blog tags: Entertainment, Mychal Simka, Crowdfunding, MicroVentures, Hollywood Attorneys, SuperdopeTV, JOBS Act, Leighton Lloyd, Hollywood, Lou Bevilacqua, SEC, FINRA, SEC, Marisa Thu Le, Jackie Abellada, Bill Clark, Estelle Cennedy Law, Gipson Hoffman & Pancione,
Undisclosed Material Change
Most Popular in Crowdfunding1) SuperdopeTV - Lack of disclosure about secret $120k/year COO recognized by SEC CROWDFUNDING DISCLOSURE 2) To SuperdopeTV investors, a MATERIAL CHANGE was intentionally kept a secret NO FORM C AMENDMENT 3) How Atty Leighton Lloyd became SuperdopeTV COO; Silencing attempt by Estelle & Kennedy CEASE & DESIST 4) How much abuse has been reported at MicroVentures? MEDIUM.COM & GLASSDOOR REVIEWS 5) None of Simka's crowdfunded companies have websites or offices DO SIMKA'S COMPANIES EXIST? 6) CAPTURED: Simka's deleted drunk investor discussion rant PRIVACY VIOLATIONS 7) MicroVentures Investor Information Privacy Breach INVESTORS OUTRAGED 8) Gipson Hoffman attorney hired to settle up on an overdue "Bunny Bravo" bill LLOYD IS COO PRIOR TO 11/28 9) Merry Christmas email is futile intimidation attempt, CC's 5 lawyers HO HO HO! WHO WOULDN'T GO? 10) Slick Lou Re-Negs on 7/19 "Bunny Bravo" contracted vendor equity issuance CAMPAIGN MARKETERS SCREWED 11) Due dilegence, privacy, & disclosure dark cloud over SuperdopeTV's crowdfunding offering PEOPLE CATCH ON 12) Bunny Bravo vendor forced to "settle out of court" ATTY. LEIGHTON LLOYD 13) Bunny Bravo campaign team (16+ people) REQUIRED by Simka to pony up cash MAKING WORKERS INVEST 14) 'TMZ' & 'Hollywood Reporter' reach out to our bloggers HOLLYWOOD CATCHES WIND
I guess the old idiom “fake it til you make it” has crossed over into crowdfunding, where @MychalSimka told Bunny Bravo investors that he was the brain behind “Birds of Paradise”. Wrong, #deceptive and downright sick. It was a @Lionsgate / @GrindstoneEnt film NOT @SimkaEnt pic.twitter.com/vTS6wQHtnX— JOBS Act Title III Predatory Financing (@RegCF) December 13, 2017