PERRINN - SHAREHOLDER
invest in 424 and support us
When you buy Shares on PERRINN.com, you become a race team owner and you earn 10% return from interest. You will be able to cash out your investment once we have achieved our common goals.
Over the next 5-10 years PERRINN will belong entirely to the community. It will be made possible thanks to the trust built through our open community platform.
As a shareholder, you have access to every feature on PERRINN.com, with no restriction. In addition to PERRINN members benefits, you can take advantage of exclusive privileges.
Instant Shareholders benefits:
You have access to our Google Drive database where you can view, download and add documents
You are added to our Onshape Team and have a direct access to our design data in Onshape
You are added to our Google Group and are invited to our weekly meetings
You are added to our PERRINN 424 Shareholders Whatsapp community where you can follow special announcements
You are invited to exclusive Shareholders meetings
You are invited to attend engineering learning sessions given by Nico Perrin, the engineer behind 424 concept & design
Shares are automatically earned in the following way:
A Share multiplies itself at a rate of 10% a year, creating more value for its owner
The purchase price of a Share is stable and fixed to main currencies:
1 Share = 1.05 USD
1 Share = 0.97 EUR
1 Share = 0.84 GBP
Synchronised events to get your money back:
To sell Shares (cashing out/exiting), we need to accumulate a reserve of currency using product sales. For 424, it means achieving our lap record at the Nürburgring (first milestone) and selling the marketing value of the project to sponsors. When enough reserve is accumulated, all members will have the opportunity to sell their Shares at an offered price. All investors will have the same opportunity at the same time. These events will coincide with project milestones.
Once you own some Shares, you have full access to the team. You can buy Shares from PERRINN.com or exchange Shares with existing members directly inside the PERRINN app. When you give Shares to another member of your choice, the transaction is instantaneous.
