C.R.-Mfee Contract Shares

C.R.-Mfee Contract Shares

This is the mutual agreement contract of the thank you share certificate. It is self-explanatory, but if you have any questions, please feel free to ask., before reading the mutual agreement contract, which will be signed by both parties and witness in person, here is a brief overview of the freedom of choice and the understanding of pre-shares agreements. These agreements are legal and widely used by investors and project funders, according to my research. yes! I am selling shares as my means of raising funds if a company don't fund me the money I need.

Please read this information before proceeding to the mutual contract. The mutual agreement contract is provided at the bottom. I have also included an explanation of S.A.F.E. If you already read it, you can scroll down to the mutual agreement contract. Thank you.

S.A.F.E.: A SAFE or safe stands for a "simple agreement for future equity".

 A SAFE or safe stands for a "simple agreement for future equity". This document was authored by Y Combinator lawyer Carolynn Levy and open sourced. It was created and published as a simple replacement for convertible notes. In practice a SAFE enables a start up company and an investor to accomplish the same general goal as a convertible note. A simple agreement for future equity (SAFE) is an agreement between an investor and a company that provides rights to the investor for future equity in the company similar to a warrant, except without determining a specific price per share at the time of the initial investment. The SAFE investor receives the future shares when a priced round of investment or liquidity event occurs. SAFEs are intended to provide a simpler mechanism for start ups to seek initial funding other than convertible notes.[1][2]

Mechanics:

The precise conditions of a SAFE vary. However, the basic mechanics[3] are that the investor provides a certain amount of funding to the company at signing. In return, the investor receives stock in the company at a later date, in connection with specific, contractually agreed on liquidity events. The primary trigger is generally the sale of preferred shares by the company, typically as part of a future priced fund-raising round. Unlike a straight purchase of equity, shares are not valued at the time the SAFE is signed. Instead, investors and the company negotiate the mechanism by which future shares will be issued, and defer actual valuation ONCE THE COMPANY is registered and stablished and in profit. These conditions generally involve a valuation cap for the company and/or a discount to the share valuation at the moment of the trigger event. In this way, the SAFE investor shares in the upside of the company between the time the SAFE is signed (and funding provided). SAFE, Crowdfunding, Free Enterprise, funds given to you freely towards your project and the like are the affairs between the person who funds someone and the person who receives the funds according to some kind of a mutual agreement contract that both parties  are happy with. The only times this voluntarily agreements between the person who funds the full capital or part of the capital or any amount how ever little it may be to be used towards the given project becomes illegal and the law will intervene, is when the funds that were given towards the projects has been spent else where that has nothing to do with the project, nor should any percentage be used towards living allowance if the person is earning a living through still working for someone else while still establishing the company in the early stages that has nothing to do with the project or getting unemployment allowances to live on, or the person who has given funds towards the project has been tricked unlawfully in funding towards the project, or has been persuaded in someway that does not justify in the person who is funding towards the project to be out of the freedom of his or her choice voluntarily because they believe towards the same aiming goal. 

 The only time for what I can see with companies that are now well stablished and in great profit, where using funds for living allowances and own personal expenditures, is when the company is established and in great profit that you then use a percentage of the company's profit to pay towards living allowances,  but it must come out from the profit share of the owner of the company after everyone else has been paid, such as: after shareholders, taxes, employee wages, materials and so on, or if the funds / investment reaches a certain amount and the owner of the project / company no longer gets money from other resources to live on, due to giving all his or her time to the project / company that is trying to establish, then a percentage of those funds / investment is legally used towards living expenses. I HOPE all this information makes it very clear in understanding where the person funding my project is of concerned. Any clarification or questions please just ask. thank you. 

If you are interested to fund the project, this mutual agreement contract with witness, can only be done in Person.

C.R.-Mfee: Chain Reaction Magnetic Force Engineered Energy

This is the mutual private agreement contract that would be implemented.

This mutual agreement contract is between J. Carlos Portela (the inventor and proprietor of the C.R.-Mfee) and …………………MR. ''X''……………….………. As a token of appreciation for funding the C.R.-Mfee project, …........MR. ''X''………. has earned 10 thank-you shares, having voluntarily contributed £10.00 according to his freedom of choice in wanting to be a part of the C.R.-Mfee (Chain Reaction Magnetic Force Engineered Energy).

.…………………I MR. ''X''.....…………………………..……. I have voluntarily, out of my own free will, funded £10.00 towards the C.R.-Mfee project with the understanding that the thank you shares I have received were given as a gesture of goodwill. These shares will only become legal once the company has funds to be established and registered. At that point, will rightfully own a percentage of the company according to the thank you shares I have received. The thank you shares serve as proof of the mutual agreement that. J. Carlos Port will honour if C.R.-Mfee is established and registered as a company. At that time, my thank you shares will be valued at least £5.00 per share once the company achieves a profit of five million pounds sterling in any given year.

The thank you shares are only valid with this original mutual agreement contract, which includes the proprietor's/inventor's initials on the white star beside the actual signature and date on the share, along with its unique password.

I understand that nothing is guaranteed and the funds are given voluntarily out of my own free will and are to be used towards the success of the C.R.-Mfee aiming goal. I, Mr. X, also understand that the shares are not legal tender; they are given to prove that Mr. J. Carlos will honour his words according to the mutual agreement contract signed by both parties of their own free will once the company is established and registered.

I also understand that the thank you shares can be redeemed back to the C.R.-Mfee once the company is established, registered, and in profit by five million pounds sterling if I wish to do so and that they will be honoured by J. Carlos Portela. I,. Mr. X, also understand that the thank you shares are not transferable to anyone; they cannot and are not allowed to be sold to a third party, meaning another person, as would make them invalid. However, if I pass away, they can be transferred to my next of kin according to my last will and testament.

This genuine mutual agreement private contract between me, Mr. X, and J. Carlos Portela was made under our own personal agreement voluntarily and out of our own free will, binding us together towards the same beliefs, support, and goals, which no one can deny under the freedom of choice.

Printed Name of Founder/Inventor: Signature of Founder/Inventor:                          Printed Name of Shareholder/Signature of Share Holder:                                          Printed name of Witness/ Signature of witness:

TO WHOM IT MAY CONCERN: IF ANY LEGAL AUTHORITY is reading this, I want you to know that I have done everything within means through extensive research and consultations with business advisors and patent lawyer regarding the issuance of thank you shares as a way to show my appreciation to those who fund my project. There are no legal technicalities against it as long as the funds are proven to be used toward the project's goals. I will keep a record of all transactions and how money is spent. Regarding taxes, crowdfunding and voluntary contributions are not to taxation, but I will maintain records of project-related transactions for future reference in case taxation becomes relevant once project generates enough funds to become an established and registered company. Since professional services charge exorbitant, am taking this approach to be transparent and clear without hidden. Please read everything on this page, and if you are a legal authority and identify any technical issues, please get in touch so they can be corrected. Thank you. And please, no false claims as of being a person of a legal authority as these are serious matters. Kindly respect the hard work I am trying to do Thank you.