readfy | Updates

By Frank Großklaus

Readfy Companists Are Privileged Beta Testers

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Dear Companists,

It is only the third week after our beta launch, yet there is again interesting news that we definitely want to share with you.

 

Beta Accounts for Companists

We expressly want to invite all Companists to become privileged readfy beta testers. Normally, new registrations are put on a waiting list. Companists, however, are activated without a waiting list. This works as follows:

  1. Register on www.readfy.com
  2. Download the Android app and install it on your device: www.readfy.com/download
  3. Send a short email to beta@readfy.com and tell us the email address you used to register
  4. We will inform you as soon as we have activated your account; you may then log in to the app using your email address and password
  5. Start reading and have fun!

We are looking forward to receiving your feedback and have already considered numerous ideas by test users in our planning. Just send your feedback to beta@readfy.com.

 

A Few Figures

  • More than 3,700 test users have registered; we have recently activated another 750
  • Since our start on 7 February, our users have read more than 120,000 pages
  • As you can see in the image, almost 15,000 advertisements were displayed during this time

 

Reactions from the Industry

This week, we also had very promising talks with publishers and other potential cooperators. Moreover, we are preparing our participation in the CeBIT (10-14 March in Hanover, Germany) and on the Leipzig Book Fair in two weeks. BITKOM, the association of the IT, telecommunication, and new media industry, invited us to present readfy during a CeBIT event. For the Leipzig Book Fair, we have been able to make many appointments with publishers and other content providers.

There is great interest in readfy in the book industry, and we have received countless other invitations to conferences and workshops during which the readfy team is supposed to give presentations or participate in panel discussions.

 

Stay tuned – we will do the same ;)

 

Best,

The readfy team



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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.

500,000 €

Invested

1357

Companists

33.33 %

Share Offered

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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Andreas Riedel
Investor Relations

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