Business
No Borders, Inc. Announces 2019 End of Year Capital Infusion Via Qualified RegA From Tri-Bridge Ventures and Friendly Investors
No Borders, Inc. Announces 2019 End of Year Capital Infusion Via Qualified RegA From Tri-Bridge Ventures and Friendly Investors.
About this update from No Borders, Inc.
[{"type":"text","content":"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. No Borders, Inc. and its subsidiaries are committed to operating with a brand and revenue growth focus from a lean operations ideology. Toward these goals the Company has continually worked closely with its friends and investors to only raise the relatively small amounts of capital that the Board deems necessary for supporting the Company’s stability and overall growth.The Board of Directors of No Borders, Inc. is proud to have issued 2.5 million shares of NBDR common stock through the company’s 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.Joseph Snyder, CEO of No Borders, Inc. stated, “I am thrilled to have had the amazing team at Tri-Bridge Ventures work on the institutional side of our RegA offering in 2019. I would like to personally thank Daniel Schmidt for his informative, friendly and diligent work with myself and the NBDR team. Here at No Borders we are always very mindful of limiting dilution while realizing outsized benefits from the capital we receive and I am very proud to have had the folks at Tri-Bridge Ventures as transactional investors in 2019 while continuing our Company tradition of engaging with long term focused private investors for the majority of our strategic capital needs.”The Company believes that there is great benefit to overall shareholder value when the Company’s securities have adequate liquidity to provide a balanced, fair and honest market. This issuance of 2.5M shares to Tri-Bridge Ventures not only provides No Borders, Inc. with some additional liquidity for operations and growth but as an institutional investor Tri-Bridge’s business model is a transactional one. This limited but relevant...