Phoenician Inc. is an investor backed venture. We do not invest in any companies doing anything in violation of US federal law.
Phoenician Inc. was founded in April 2014, and closed its first equity round in November 2014. This enabled commencement of manufacturing and sales. A second equity round closed in February 2015. A third equity round closed in December 2015. As of December 2015, we reached sustainable operations. We continue growing and making additional investments in new companies that meet our criteria and have good management. Progress continues to be made on advancing and expanding our portfolio of IP based products. We plan at least one more accredited investor investment offerings to accelerate our organic growth and make additional strategic acquisitions. The likely investor exit strategy is opening public trading OTC in our common stock through a Reg A+ offering or combination with an already trading company.
Any and all forward looking statements are inherently speculative and are not to be relied upon for any reason. Investment offerings can only be made to qualified and sophisticated accredited investors and only by an approved written private placement memorandum. As such, no solicitation or offer of any investment is made or intended hereby. When and if we do a public offering open to smaller non-accredited investors, we intend to announce it here in a manner allowable under US and state laws.