FOR IMMEDIATE RELEASE
For further information, contact:
Louisa Schibli/Janice Shade, co-founders Milk Money L3C
Michael Birnbaum, founder Pear Networks LLC
MILK MONEY L3C AND PEAR NETWORKS LLC ANNOUNCE KINGDOM FIBER CROWDFUNDING CAMPAIGN ALLOWING ALL VERMONTERS THE OPPORTUNITY TO INVEST IN A LOCAL BROADBAND COMPANY VIA ITS PLATFORM.
The campaign marks the sixth Vermont Small Business Offering (VSBO) on Milk Money’s Vermont-only platform giving Vermonters the opportunity to discover and invest in local businesses.
CHARLOTTE, VT, JANUARY 31, 2017 – MILK MONEY L3C, an equity crowdfunding portal for Vermonters, announces its sixth Invest Local campaign: KINGDOM FIBER. Vermonters will have the opportunity to learn more about and invest in this broadband company via the Milk Money platform.
Milk Money offers the opportunity for true “impact investing” since a dollar invested in a local business generates potential financial return as well as tangible social return on investment. By investing in a local business such as Kingdom Fiber, you will circulate wealth and build a stronger community that fosters new relationships between businesses and community members. The Milk Money platform serves as a meeting place for Vermonters to discover local investment opportunities such as Kingdom Fiber.
Pear Networks LLC, d/b/a Kingdom Fiber (www.KingdomFiber.com) is a local, community-based broadband services provider bringing astoundingly fast, FiberNettm True Broadbandtm service to the Northeast Kingdom. Broadband speeds offered will range from 10 Mbps to 10 Gbps. Unlimited North American calling will be offered with inexpensive, FiberPhonetm Crystal Voicetm service. Kingdom Fiber’s network will launch in 2017 in parts of Hardwick, Greensboro, Craftsbury, and Albany and will expand to 18 additional towns within the next year.
Vermonters who want to learn more about the Kingdom Fiber opportunity can find investment details on the Milk Money website (www.MilkMoneyVT.com). The registration process is quick and easy for any adult with a Vermont driver's license.
About Milk Money
Milk Money L3C is Vermont's first third-party equity crowdfunding portal. The company's website, www.MilkMoneyVT.com, was launched in July 2015 with a mission to put the means for creating new businesses, a strong local economy and personal wealth within the reach of all Vermonters. Based in Charlotte, Vermont, it was founded by two seasoned entrepreneurs who identified a hole in the early stage capital market and created a solution that takes advantage of the Vermont Small Business Offering (VSBO) regulatory updates of July 2014.
Milk Money is powered by VSECU through its wholly owned, independently operated, subsidiary, Vermont Heritage Financial Group, Inc. Investments made through Milk Money are not federally insured by NCUA, involve investment risk, may lose value and are not obligations of or guaranteed by the credit union.