golf4you | Updates
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By Team Golf4you

golf4you reaches its investment threshold

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Public

Dear companists,

golf4you had actually already reached its investment threshold in the first half of the campaign period. More than 200 companists have so far invested, and with the achievement of the €100,000 threshold, the implementation of the campaign is now ensured. Paul Smyth, CEO of golf4you, appeared to be pleased about reaching this milestone: “in business life, only two opinions count - that of the investors and that of the customer. We are delighted that we have been able to convince more than 200 companists with our concept of "one-stop golf bookings". We will make every effort to make a success of your investment and of the project."

The campaign has a further 33 days to run and companists can continue to invest or increase investments they have already made.

We would also like to take advantage of this and future updates to address some of the questions coming from the Companisto community. We will continue to address your questions in upcoming updates.

 

There were many questions about the business model. Please explain it to us once more.

Paul Smyth: The business idea behind it is easily explained: We want to offer golfers the opportunity to be able to book and pay for their entire golf trip (hotel, flight, transfers and tee times) in one quick and easy process.

To this end, we have built up an ideal structure, which we would like to clarify once again. Since the majority of our customers come from Germany, it was important for us to also base the company in Germany. golf4you GmbH will offer and market tours. The composition of the founder team will also build on this. Michael brings to the fold the golffriends.com community with its 100,000 members and the golf travel business, Arnulf brings the appropriate software and connections in the travel industry and Paul brings both e-commerce and marketing know-how.

In order to avoid high levels of investment in the building up of a promoter business (permits, infrastructure, deposits, etc.), we are instructing the Swiss company, Hole1 AG, to purchase appropriate travel blocks with tax advantages and to invoice the customer for such. In this way, our customers will benefit from unbeatable prices. A method, that is common outside of the golf industry. golf4you receives the full margin from this transaction and pays Hole1 a flat rate handling fee for each transaction.  In this way, we will make use of an optimal tax arrangement and keep our processing costs flexible and scalable.

 

As many questions have arisen with regards to the valuation of our company, we will shortly make available a detailed update, in which we will deal with the valuation model more closely.

 

Kind regards

The golf4you team



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NOTE:

Investments in crowdfunding projects offer great opportunities, but they are risk investments. In the worst case, the entire investment amount may be lost. Consequently, these investments are unsuitable for retirement plans. However, there is no obligation to make further contributions. Investors can minimize their risk by splitting their investment amount between crowdfunding campaigns rather than investing all of it in one crowdfunding campaign. Professional investors often follow this strategy because it causes the risk to be distributed among several investments. In this way, successful investments can balance other less successful investments.

The shares of the Companists are subordinated profit-participating loans (partiarische Nachrangdarlehen). Such loans are shares in a business with similar characteristics as equity. If the company becomes insolvent or is liquidated, the claims of the Companists – just like those of all other shareholders of the company – will be satisfied from the assets in the insolvency or the assets in liquidation only after the claims of all other external creditors have been satisfied. Thus, Companists are treated like any other shareholder of the company during insolvency or liquidation proceedings.

The company information published on the Companisto website is provided solely by the companies. The projections made by the companies do not guarantee successful development of the company in the future. Consequently, crowdfunding investments are suitable only for those investors who can cope with the risk of a total loss of the capital invested. Investors make their own independent investment decisions and bear all risks themselves.

The investments are provided and issued by the individual companies. Companisto is neither the provider nor the issuer of the investments, but solely the internet service platform.

469

Companists

187,460 €

Invested

9.09 %

Share offered

Contact Details
golf4you GmbH
Hafenstraße 28
79576 Weil am Rhein
Deutschland

Email: investor-relations@golf4you.com
Website: www.golf4you.com
Please note
The acquisition of this asset involves considerable risks and can lead to the complete loss of the assets used.

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