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MCP-2, LLC is a yet to be formed private investment group comprised of and governed by no less than 10 and no more than 30 individual investors.
Management: The Company's investments will be overseen and managed by MCP, LLC. However, until such time as each investor has received a return of 300%, the investor will be entitled to one board vote per $10,000 invested and all corporate investments will require formal approval by vote of the Board of Directors. Capital awaiting investment will be held in a bank account requiring two signatures for disbursement, one from MCP and the other from an investor elected by the Board of Directors. 50% of proceeds received from the sale of investments will be disbursed to investors quarterly, as available.
Ownership: Investors will own 90% and MCP, LLC and/or its designees will own 10% until such time as each investor has received a return of 100%. At such time ownership will adjust to 80% by investors and 20% by MCP, LLC. When each investor has received a return of 200% ownership will adjust to 60% and 40% respectively. When each investor has received a return of 300% ownership will adjust to 40% and 60% respectively and remain as such. Using this formula, investors will control both the ownership and Board of Directors until they have each received a 300% return on investment.
Investment: Minimum: $10,000; Maximum: $100,000 per investor.
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