Per our discussion on Thursday's Trust and Disclosures call, we have set up this crowdfunding option to practice Grouponomics. The goal of this campaign is to raise operational capital to get our Management Company fully functional as the legalization of the entity is underway. Yes, as of Monday May 6, 2019, our Management Company has been initiated and we will be able to gladly share all details in June 2019.
Companies like GEX Management and Berkshire Hathaway are legally structured to allow them to create and often assist other companies within their portfolio scale, expand, and sustain. We have decided to create this same opportunity with our firm. We are very proud to announce that we already have the demolition company discussed in our initial video ready to go into our portfolio and will be using all pledge monies towards advancing that overall opportunity.
Once all documents are signed and approved, we will bring Sparrow Demolition and Construction under management and allow all pledger to be apart of that process.
We have made it very far in just 14 days, on sheer will and perseverance. We want to ensure that we are properly executing this corporation and paying the proper fees along the way. We do not want to have any deferred payments, nor enter into our Management Company with any debt hanging over our heads. By the time our company is ready for public disclosure, we will be debt free by all participation here in this crowdfunding opportunity.
Our hope is that you will be willing and open to the idea of helping with the operational side to get the business up and running so that we can accept investment legally and everyone will be protected. My personal desire is that you all stick with me as I get my grown man on.
Brother Ben X