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What’s the status of your DPO campaign?

In 2013 we raised over $1.2MM in seed funding through a grassroots DPO campaign in which over 400 California residents purchased shares in our company. The community support and funding that came from the campaign was critical in helping us secure an optimal location for our store. We
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If I can’t afford to invest, how can I help?

We have partnered with Credibles to allow individuals and families, for whom $1,000 is too high of an amount, to help create People’s Community Market by pre-paying for groceries through the purchase of Credibles in amounts between $50 and $500. Additionally, supporters can help sprea
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Can I donate instead of invest?

You can donate money directly to People’s Community Market. However, because we are not a tax exempt or charitable organization, your donation will not be tax deductible. If you’re looking to make a tax deductible donation we suggest making a donation to our sister nonprofit organizat
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Can I pool my investment with friends?

We do not play an active role in assisting friends to pool their money to make an investment in People’s Community Market. However, individuals are free to organize among themselves as they wish to pursue their economic interest.
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Why is the minimum investment $1,000?

Federal securities regulation in the United States allows small business conducting public stock offerings to take on a limited number of shareholders. In order to ensure that we reach our fundraising goal while staying within the allowed number of shareholders, we have set the minimu
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Why is People’s Community Market conducting a DPO?

We are conducting a DPO to raise the equity portion of our project financing (as working capital) because, as a startup business proposing to operate a grocery store in a lower-income neighborhood, we aren’t able to get funding from traditional investors and institutions. The DP
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What is a Direct Public Offering?

Direct Public Offerings (DPOs) are a way for small businesses to raise investments from their communities and customers. DPOs are similar to Initial Public Offerings (IPOs), where people buy shares in a company. But unlike IPOs, stock is not traded on a stock market or sold by big inv
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