Millennium Prime, Inc. announced that it expects to receive $2 million in funding.
April 18, 2012 at 12:00 am EDT
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Millennium Prime, Inc. (OTCPK:MLMN) announced a private placement of convertible promissory notes for gross proceeds of $2,000,000 on April 18, 2012. The minimum investment accepted from any outside investor is $50,000. The company will issue securities pursuant to exemption provided under Regulation D.
As of May 8, 2012, the company has raised $50,000 from a single investor.
As of May 21, 2012, the company has raised $125,000 from three investors.
Millennium Prime, Inc. is engaged in developing lifestyle products for the millennial generation. The Company is focused on marketing products for the beverage, apparel, and entertainment categories. The Company seeks to grow via acquisitions of brands, as well as strategic partnerships with existing brands, to bolster its lifestyle business lines that serve millennial trendsetter-focused strategies. Its subsidiary, Bong Spirits Import, LLC (BSI), is an importer and distributor of alcohol products, including Bong Spirit's Super Premium Vodka from Holland. BSI's blend of Super Premium Vodka is made of European grain, distilled over six times, and filtered through over four processes, using reverse osmosis water and charcoal filtering. Bong Spirit Vodka is distributed in multiple cities throughout the United States through various distributors. Bong Spirit Vodka is distributed in the Netherlands, the United Kingdom, Canada, Vietnam, Turkey, Poland, Panama, Cyprus, and others.