0002001926-25-000049.txt : 20250527
0002001926-25-000049.hdr.sgml : 20250527
20250527134409
ACCESSION NUMBER: 0002001926-25-000049
CONFORMED SUBMISSION TYPE: 1-A/A
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20250527
DATE AS OF CHANGE: 20250527
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Harlem Park Partners, Inc.
CENTRAL INDEX KEY: 0002001926
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
ORGANIZATION NAME: 02 Finance
EIN: 931858064
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 1-A/A
SEC ACT: 1933 Act
SEC FILE NUMBER: 024-12590
FILM NUMBER: 25986641
BUSINESS ADDRESS:
STREET 1: 650 CALIFORNIA STREET
STREET 2: 7 FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94108
BUSINESS PHONE: 2405814693
MAIL ADDRESS:
STREET 1: 650 CALIFORNIA STREET
STREET 2: 7 FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94108
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PART II AND III
2
harlemparkcircular143f.txt
HARLEMPARKCIRCULAR143F.TXT
REGULATION A TIER 1 DEBT OFFERING STATEMENT Parts II and III 2.303171201
An offering statement pursuant to Regulation A relating to these
securities has been filed with the Securities and Exchange Commission.
Information contained in this Preliminary Offering Circular is subject
to completion or amendment. The securities referenced herein may not be
sold, nor may offers to buy be accepted, before the offering statement
filed with the Securities and Exchange Commission is qualified. This
Preliminary Offering Circular shall not constitute an offer to sell or
the solicitation of an offer to buy, nor may there be any sales of the
securities referenced herein in any state in which such offer,
solicitation or sale would be unlawful before registration or
qualification under the laws of such state. The issuer of the securities
referenced herein may elect to satisfy its obligation to deliver a
Final Offering Circular by sending you a notice within two business
days after the completion of our sale to you that contains the URL where
the Offering Circular was filed may be obtained.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 1 A
TIER I DEBT (NOTES) OFFERING
$360,000 Total Debt Issuance
1 Year Notes 6.3% Coupon; Maturity 2026
2 Year Notes 7.0% Coupon; Maturity 2027
3 Year Notes 7.8% Coupon; Maturity 2028
5 Year Notes 9.0% Coupon; Maturity 2030
(Callable , 2026)
OFFERING STATEMENT UNDER THE SECURITIES ACT OF 1933 CURRENT REPORT
HARLEM PARK PARTNERS, INC.
Delaware
(State of Incorporation)
Date: , 2025
6199
(Primary Classification Code)
93 1858064
(IRS Employer Identification No.)
Price per Underwriting Proceeds to
Proceeds to Note Discounts & Issuer Other Persons
Commissions
1,2,3 and 5 Year Notes (Debt Only)
$ 100
$ 0
$ 100
$ 0
Price per Note Total Units Total Proceeds
1,2,3 and 5 Year Notes (Debt Only)
$ 100
1
$ 100 Minimum
$ 0
*Offered on a Best efforts Basis
$ 100
3,600
$360,000 Maximum
$ 0
*Termination Date , 2026 * Risk Factors on page 20*
Direct Public Offering (DPO) No Escrow Underwriting Expenses = $0
Ameer Flippin, CEO 650 California Street 7 Fl
San Francisco, California 94108 Telephone: 240.581.4693
HarlemParkPartners.com
(CIK#: 0002001926)
THIS OFFERING STATEMENT SHALL ONLY BE QUALIFIED UPON ORDER OF
THE COMMISSION,UNLESS A SUBSEQUENT AMENDMENT IS FILED INDICATING
THE INTENTION TO BECOME QUALIFIED BY OPERATION OF THE TERMS
OF REGULATION A.
Item 2. TABLE OF CONTENTS
Item 2. TABLE OF CONTENTS 2
Item 2. CAUTIONARY STATEMENT 3
Item 3(a). INTRODUCTION 4
Item 3(b). OFFERING CIRCULAR SUMMARY 14
Item 3(c). RISK FACTORS 20
Item 4. ESCROW & DILUTION 25
Item 5. PLAN OF DISTRIBUTION AND SELLING SECURITYHOLDERS 25
Item 6. USE OF PROCEEDS 28
Item 7. DESCRIPTION OF BUSINESS 31
Item 8. DESCRIPTION OF PROPERTY 34
Item 9. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
CONDITION AND RESULTS OF OPERATIONS 34
Item 10. DIRECTORS, EXECUTIVE OFFICERS AND SIGNIFICANT OTHERS 36
Item 11. COMPENSATION OF DIRECTORS AND EXECUTIVE OFFICERS 37
Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 37
Item 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 38
Item 14. SECURITIES BEING OFFERED 39
Item 15. DIVIDEND POLICY 39
Item 16(a). LEGAL MATTERS 39
Item 16(b). EXPERTS 40
Item 17. ADDITIONAL INFORMATION 40
ITEM 18. FINANCIAL STATEMENTS AND EXHIBITS. HARLEM PARK PARTNERS, INC.
INDEX TO FINANCIAL STATEMENTS 49
III. Index to Exhibits 56
Exhibit 1. Harlem Park Partners, Inc. Subscription Agreement 58
Exhibit 2. Amended Form of Notes Harlem Park Partners, Inc. 63
Exhibit 3. Bylaws of Harlem Park Partners, Inc. 67
Exhibit 4. Certificate of Good Standing 76
Exhibit 5. Form of Inter Loan Investment Agreements 77
Item 2. CAUTIONARY STATEMENT
INVESTMENT IN SMALL BUSINESSES INVOLVES A HIGH DEGREE OF RISK, AND
INVESTORS SHOULD NOT INVEST ANY FUNDS IN THIS OFFERING UNLESS THEY CAN
AFFORD TO LOSE THEIR ENTIRE INVESTMENT (SEE THE SECTION ENTITLED RISK
FACTORS).
IN MAKING AN INVESTMENT DECISION INVESTORS MUST RELY ON THEIR OWN EXAMINATION
OF THE ISSUER AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS
INVOLVED. THESE SECURITIES HAVE NOT BEEN RECOMMENDED OR APPROVED BY ANY
FEDERAL OR STATE SECURITIES COMMISSION OR REGULATORY AUTHORITY. FURTHERMORE,
THESE AUTHORITIES HAVE NOT PASSED UPON THE ACCURACY OR ADEQUACY OF THIS
DOCUMENT.
ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION DOES NOT PASS UPON THE
MERITS OR GIVE ITS APPROVAL OF ANY SECURITIES OFFERED OR THE TERMS OF THE
OFFERING, NOR DOES IT PASS UPON THE ACCURACY OR COMPLETENESS OF ANY OFFERING
CIRCULAR OR OTHER SOLICITATION MATERIALS. THESE SECURITIES ARE OFFERED PURSUANT
TO AN EXEMPTION FROM REGISTRATION WITH THE COMMISSION; HOWEVER,
THE COMMISSION
HAS NOT MADE AN INDEPENDENT DETERMINATION THAT
THE SECURITIES OFFERED ARE EXEMPT
FROM REGISTRATION.
GENERALLY, NO SALE MAY BE MADE TO YOU IN THIS OFFERING IF THE AGGREGATE
PURCHASE
PRICE YOU PAY IS MORE THAN 10% OF THE GREATER OF YOUR ANNUAL INCOME OR
NET WORTH.
DIFFERENT RULES APPLY TO ACCREDITED INVESTORS AND NON NATURAL PERSONS.
BEFORE
MAKING ANY REPRESENTATION THAT YOUR INVESTMENT DOES NOT EXCEED
APPLICABLE
THRESHOLDS, WE ENCOURAGE YOU TO REVIEW RULE 251(d)(2)(i)(C) OF
REGULATION A.
FOR GENERAL INFORMATION ON INVESTING, WE ENCOURAGE YOU TO REFER TO
www.investor.gov.
This offering is inherently risky. See Risk Factors beginning on page 20*.
Sales of these securities will commence on approximately ,
2025.
The Company is following the Offering Circular format of
disclosure under
Regulation A.
AN OFFERING STATEMENT PURSUANT TO REGULATION A RELATING TO
THESE SECURITIES HAS
BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION. INFORMATION
CONTAINED IN
THIS PRELIMINARY OFFERING CIRCULAR IS SUBJECT TO COMPLETION OR AMENDMENT.
THESE SECURITIES MAY NOT BE SOLD NOR MAY OFFERS TO BUY BE ACCEPTED
BEFORE THE
OFFERING STATEMENT FILED WITH THE COMMISSION IS QUALIFIED. THIS
PRELIMINARY OFFERING
CIRCULAR SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF
AN OFFER TO
BUY NOR MAY THERE BE ANY SALES OF THESE SECURITIES IN ANY STATE IN
WHICH SUCH OFFER,
SOLICITATION OR SALE WOULD BE UNLAWFUL BEFORE REGISTRATION OR
QUALIFICATION UNDER
THE LAWS OF SUCH STATE. THE COMPANY MAY ELECT TO SATISFY THE
OBLIGATION TO DELIVER
A FINAL OFFERING CIRCULAR BY SENDING YOU A NOTICE WITHIN TWO
BUSINESS DAYS AFTER
THE COMPLETION OF THE SALE TO YOU THAT CONTAINS THE URL WHERE
THE FINAL OFFERING
CIRCULAR OR THE OFFERING STATEMENT IN WHICH SUCH FINAL OFFERING
CIRCULAR WAS FILED
MAY BE OBTAINED.
Item 3(a). INTRODUCTION
Harlem Park Partners, Inc., a Delaware C Corporation, (the Firm, We,
Us, Our, or the Company) is a startup financial engineering firm
conducting a Regulation 1 A Tier 1 Offering (this Offering)
of $360,000 of NOTES (Debt Only) at $100 dollars
per NOTE (the Notes) with Maturities of 1 Year (2026),
2 Years (2027), 3 Years (2028),
and 5 Years (2030) and callable as early as 12 Months
from Initial Issuance on
approximately , 2026, where the company has the right
to redeem the Notes from
investors returning the principal and accrued interest
with a total of 3,600 Notes (Units) to be issued.
The aggregate amount of gross
proceeds we are seeking to raise is $360,000.
Harlem Park Partners, Inc., a financial engineering firm, is technically
considered
an investment advisory firm raising capital for startups, new fintech
products,
and real estate projects. Our long term goals are to meet the minimum capital
requirements to become a hybrid Venture Capital and Private Equity Firm. Our
strategy is to curate a sequenced waterfall portfolio of startups heavily
weighted in retail blended with other sectors. Presently, the firm has
11 early stage startup projects which need funding.
Our primary flagship projects are Waterboy Global.com, a sidewalk water
and food kiosk business, Globetrotter Retail.com and Travel brand,
Blackfisherman.com, a grocery delivery and shopping mobile app,
Social Architects US.com, a social networking platform
for Real Estate Investment Clubs, Ai World San Francisco.com,
an EdTech Symposium & Expo learning platform on Artificial
Intelligence (Ai), Black Sheep Ai.Live, a virtual
Artificial Intelligence (Ai) Company, Black Sheep Ai Magazine,
a high gloss fashionable magazine highlighting Ai from the perspective
of the consumer, Bodegas Global.com, a global portfolio of small
grocery stores.
Mansions N Castles.com, a hybrid luxury timeshare and short term
rentals brand, Afro Hair Pay.com, a mobile app haircare lending
platform brand in the Buy Now Pay
Later (BNPL) Sector and Farm Startups.com, a portfolio of small
startup farms.
Harlem Park Partners, Inc. is poised to specialize in the securitization
of small micro cap companies implementing innovative mathematical
algorithms and blending institutional strategies with small retail
individual investors. The firm has operations
located at We Work, 650 California Street, 7th Floor, San Francisco,
CA 94108.
Risk Factors of Principal and Interest Payments
Investors should note that approximately $80,000 (22.2%) of the
$360,000 in capital being raised has been allocated for working
capital for Harlem Park Partners, Inc. on
Tier 1 where a maximum of $34,200 is allocated for annual interest
payments on the
1 Year, 2 Year, 3 Year, and 5 Year Notes due after the first
year. Approximately, 70 to 90% of funds raised will have
maturities of 3 Years and 5 Years which will
allow sufficient time for further fundraising, during the 1st,
2nd, and 3rd years.
Additionally, tier 2 startup corporate entity equity fundraising
is anticipated where
the funds raised will be assets of Harlem Park Partners, Inc.,
the Tier 1 corporate
entity, and can be used for annual principal and interest payments
on the $360,000
seed round of the Notes. Harlem Park Partners, Inc. anticipates
selling a minimum of
$360,000 to $500,000 in tier 2 startup equity to cover
any principal payments that
might become due for 1 Year, 2 Year, 3 Year, and 5 Year Notes.
Disclosure of Fundraising Structure
The $360,000 in 1 Year, 2 Year, 3 Year, and 5 Year Notes will
be structured with
laddered maturities where approximately 70 to 90% ($252,000 to
$324,000) of the
$360,000 in Notes will have 3 Year and 5 Year Maturities.
Given such a maturity
structure, 70 to 90% of the Principal of the $360,000
Notes will be due at the earliest in 3 Years.
Risk Factors of Unavailability of Equity Financing
and Revenues
There is uncertainty that either startup revenues or
startup equity financing
will be available when needed or in amounts sufficient to
satisfy principal and interest obligations on the notes
being issued.
Disclosure of Initial Ownership Structure
None of these target entities have commenced operations.
Harlem Park Partners, Inc. will initially control 100% of each
startup entity and own more than 51% where the CEO Ameer Flippin
currently owns approx. 66% of the equity of Harlem Park Partners,
Inc. (remainder approx. 34% in Co. Treasury) and controls the company 100%.
These soon to be formed corporate entities are all being formed
by the Corporate entity, Harlem Park Partners, Inc., and will
not initially be startup corporate entities owned by any third
party not associated with Harlem Park Partners, Inc. Ameer Flippin,
the Interim CEO for 2nd Tier startups could possibly own shares going forward.
The businesses may not be able to generate revenues as they begin
operation, which may make it more difficult for the Company to pay
the interest due on the notes.
Disclosure of Substantial Execution and Oversight Risk
During the initial stages, several of the startups are technology
oriented entities wherein web development services will be procured
from qualified third party developers identified through established
freelance marketplaces such as Upwork.com. There is significant risk
from the material implementation and supervisory vulnerabilities
arising from the organization s dependence on a sole executive officer,
Ameer Flippin, allocating constrained temporal resources across
multiple corporate entities.
Startup Portfolio Descriptions
1. Waterboy Global.com Description
Waterboy Global.com, is a sidewalk kiosk brand offering bottled
water, sodas, and occasional food items to the general public in
high traffic tourist and urban locations. Waterboy Global has
a strategy of connecting with the local communities by dispatching
1 to 2 man Waterboy operations near high traffic locations on the
sidewalk. Some locations will be corporate locations blended with
a local community franchise business strategy, while others will
be purely a franchise business model. Some urban locations will be
securitized separately for the local community to capitalize on
beverage revenue growth and to build community equity. The commencement
of operations has not started. Any needed licensing has not been approved.
Approximately $70,000 is being allocated from the $360,000 offering as
seed capital in the form of debt for the launch of Waterboy Global.com.
The project will be incorporated in the state of Delaware where further
capital must be allocated and raised for continued development.
The newly formed corporation will be a 100 percent wholly owned
portfolio asset of Harlem Park Partners, Inc. on tier 2 where
Ameer Flippin will act as Interim CEO. The form of the general
investment inter loan agreement is attached as Exhibit 5.
2. Globetrotter Retail.com and Travel Description
Globetrotter Retail.com is a Direct to Consumer global retail brand
with a supply chain network of small online retailers leveraging a
global salesforce. The startup will start and use a flexible drop
shipping business model, while integrating premium apparel sidewalk
sample sales, globally. Retailers and Travel Consultants are able
to offer airline tickets and vacation deals, globally, through a
large network of individuals and travel companies. The commencement
of operations has not started. Any needed licensing has not been approved.
Approximately $80,000 is being allocated from the $360,000 offering
as seed capital in the form of debt for the launch of Globetrotter
Retail.com.
The project will be incorporated in the state of Delaware where further
capital must be allocated and raised for continued development. The newly
formed corporation will be a 100 percent wholly owned portfolio asset of
Harlem Park Partners, Inc. on tier 2 where Ameer Flippin will act as
Interim CEO. The form of the general investment inter loan agreement
is attached as Exhibit 5.
3. Blackfisherman.com Description
Blackfisherman.com is a grocery delivery and shopping mobile app brand.
We deliver. The brand is more focused on the logistics and supply chain
side of delivery for retail brands and direct to consumer transactions.
The logistics brand will be fully integrated as an alliance company to
the other portfolio startup companies. The commencement of operations
has not started. Any needed licensing has not been approved.
Approximately $40,000 is being allocated from the $360,000 offering as
seed capital in the form of debt for the launch of Blackfisherman.com.
The project will be incorporated in the state of Delaware where further
capital must be allocated and raised for continued development.
The newly formed corporation will be a 100 percent wholly owned
portfolio asset of Harlem Park Partners, Inc. on tier 2 where Ameer
Flippin will act as Interim CEO. The form of the general investment
inter loan agreement is attached as Exhibit 5.
4. Social Architects US.com Description
Social Architects US.com is a platform for the formation of real estate
investment clubs. The online platform will act as a social network for
investment clubs to help with the development of real estate investment
clubs for small individual investors where on the 1st tier Harlem Park
Partners has the ability to possibly structure funding for real
estate projects. The commencement of operations has not started.
Any needed licensing has not been approved.
Approximately $6,000 is being allocated from the $360,000 offering
as seed capital in the form of debt for the launch of Social Architects US.com.
The project will be incorporated in the state of Delaware where
further capital must be allocated and raised for continued development.
The newly formed corporation will be a 100 percent wholly owned
portfolio asset of Harlem Park Partners, Inc. on tier 2 where Ameer
Flippin will act as Interim CEO. The form of the general investment
inter loan agreement is attached as Exhibit 5.
5. Ai World San Francisco.com Description
Ai World San Francisco.com, an EdTech Symposium & Expo learning
platform on Artificial Intelligence (Ai), is being developed as a result
of the explosive changes happening in sectors of the economy around the
world related to Ai. The beta testing symposium model will be scaled globally,
while maintaining a small symposium 5 to 50 person setting. The commencement
of operations has not started. Any needed licensing has not been approved.
Approximately $15,000 is being allocated from the $360,000 offering as seed
capital in the form of debt for the launch of Ai World San Francisco.com.
The project will be incorporated in the state of Delaware where further
capital must be allocated and raised for continued development. The newly
formed corporation will be a 100 percent wholly owned portfolio asset of
Harlem Park Partners, Inc. on tier 2 where Ameer Flippin will act as
Interim CEO. The form of the general investment inter loan agreement is
attached as an Exhibit 5.
6. Black Sheep Ai.Live Description
Black Sheep Ai.Live is an emerging technology startup project leveraging
the discoveries in Artificial Intelligence (Ai) to help companies increase
workflow and productivity. The company will help alliance portfolio
companies fully integrate the rapid changes happening in Ai. Additionally,
the company will offer Ai products to businesses and consumers. The company
will have a platform where projects are being built in an open source
environment allowing software engineers to build upon the new technology
stack. The commencement of operations has not started. Any needed licensing
has not been approved.
Approximately $6,000 is being allocated from the $360,000 offering as seed
capital in the form of debt for the launch of Black Sheep Ai.Live.
The project will be incorporated in the state of Delaware where further
capital must be allocated and raised for continued development. The newly
formed corporation will be a 100 percent wholly owned portfolio asset of
Harlem Park Partners, Inc. on tier 2 where Ameer Flippin will act as
Interim CEO.
The form of the general investment inter loan agreement is attached as
an Exhibit 5.
7. Black Sheep Ai Magazine Description
Black Sheep Ai Magazine is a high gloss fashionable magazine highlighting Ai
from the perspective of the consumer. The commencement of operations has not
started. Any needed licensing has not been approved.
Approximately $6,000 is being allocated from the $360,000 offering as seed
capital in the form of debt for the launch of Black Sheep Ai Magazine. The
project will be incorporated in the state of Delaware where further capital
must be allocated and raised for continued development. The newly formed
corporation will be a 100 percent wholly owned portfolio asset of Harlem Park
Partners, Inc. on tier 2 where Ameer Flippin will act as Interim CEO.
The form of the general investment inter loan agreement is attached as
Exhibit 5.
8. Bodegas Global.com Description
Bodegas Global.com is a startup brand to help build out a global portfolio
of small grocery stores. The startup strategy is to fractionalize the
securitization process to allow small local community individual investors
to participate as equity shareholders with institutional investors in the
local food retail supply chain. The commencement of operations has not
started. Any needed licensing has not been approved.
Approximately $6,000 is being allocated from the $360,000 offering as
seed capital in the form of debt for the launch of Bodegas Global.com.
The project will be incorporated in the state of Delaware where further
capital must be allocated and raised for continued development. The newly
formed corporation will be a 100 percent wholly owned portfolio asset of
Harlem Park Partners, Inc. on tier 2 where Ameer Flippin will act as
Interim CEO. The form of the general investment inter loan agreement is
attached as Exhibit 5.
9. Mansions N Castles.com Description
Mansions N Castles.com is a hybrid luxury timeshare and short term
rentals brand. The idea is to fractionalize the ownership of Timeshares,
while integrating and leveraging the traditional concept of short term
rentals. The commencement of operations has not started. Any needed
licensing has not been approved.
Approximately $6,000 is being allocated from the $360,000 offering as
seed capital in the form of debt for the launch of Mansions N Castles.com.
The project will be incorporated in the state of Delaware where further
capital must be allocated and raised for continued development. The newly
formed corporation will be a 100 percent wholly owned portfolio asset of
Harlem Park Partners, Inc. on tier 2 where Ameer Flippin will act as
Interim CEO. The form of the general investment inter loan agreement
is attached as Exhibit 5.
10. Afro Hair Pay.com Description
Afro Hair Pay.com is a mobile app haircare lending platform brand in
the Buy Now Pay Later (BNPL) Sector. The commencement of operations
has not started. Any needed licensing has not been approved.
Approximately $30,000 is being allocated from the $360,000 offering as
seed capital in the form of debt for the launch of Afro Hair Pay.com.
The project will be incorporated in the state of Delaware where further
capital must be allocated and raised for continued development. The newly
formed corporation will be a 100 percent wholly owned portfolio asset of
Harlem Park Partners, Inc. on tier 2 where Ameer Flippin will act as
Interim CEO. The form of the general investment inter loan agreement
is attached as Exhibit 5.
11.Farm Startups.com Description
Farm Startups.com is a portfolio of small farms starting in the
Blackbelt region of Alabama and other states. The farms will be
fully integrated into a newly developing food supply chain associated
with other related brands. The commencement of operations has not
started. Any needed licensing has not been approved.
Approximately $15,000 is being allocated from the $360,000 offering
as seed capital in the form of debt for the launch of Farm Startups.com.
The project will be incorporated in the state of Delaware where further
capital must be allocated and raised for continued development.
The newly formed corporation will be a 100 percent wholly owned
portfolio asset of Harlem Park Partners, Inc. on tier 2 where Ameer Flippin
will act as Interim CEO. The form of the general investment inter loan
agreement is attached as Exhibit 5.
Time Frames
Upon a best efforts fundraising strategy, Harlem Park Partners will
initially focus on Direct 2 Consumer retail transactions in order to
find the underlying capital to secure further securities transactions for
continued development of a portfolio of startups. Our firm plans to mainly
focus on the retail related startups initially. We do not have to implemented
all 11 startups right away, but reserve the right to sequence capital
allocation for the startups in an effort to reduce capital risk.
Plan of Operations
We anticipate that the capital we intend to raise in this offering will
enable us to execute our business plan, including, but not limited to hiring
a few remote outside sales people for the Globetrotter Retail.com brand;
promoting sales by conducting more marketing; executing on the milestones
described in this Offering Circular; and achieving growth by way of strategic
partnerships. We are hoping to start with retail transactions on platforms
such as Alibaba.com, Ebay.com, etc. to spark retail transactions right away
to start developing a network of sales professionals for an apparel and food
supply chain.
It is the opinion of Company management that the proceeds from this proposed
offering will put the Company in a position to grow its business in
accordance
with its business plan. Please refer to Use of Proceeds, Part II for the
planned use of proceeds to be generated from this proposed offering.
Milestone 1: Month 1
Harlem Park Partners plans to take key operational steps to position the
company for growth and execution of its strategic initiatives. First, we
intend to finalize the structuring of all corporate entities in the list
of startups. The investment inter loan agreements will then be executed
to capitalize each startup corporate entity. We will begin with a retail
focused strategy of developing the Waterboy Global.com and Globetrotter
Retail.com
and will lead the way in hopes of generating revenues for the portfolio of
startups where markup generates a profit. The Blackfisherman.com brand will
be integrated for grocery deliveries allowing us to plan for further growth
based on the changes happening in the market and different sectors.
Milestone 2: Month 2 to Month 6
Harlem Park Partners anticipates achieving several key milestones to
advance our growth strategy and global market expansion. First, we expect
to commence the distribution of basic apparel through outside sales
professionals. We will continue evaluating opportunities and the retail
market for future fundraising in separate startup corporate entities. Our
core algorithm revolves around creating collateralized structured finance
transactions where Harlem Park Partners, Inc. leverages and collateralizes
assets of tier 2 startups to create some form of a Collateralized Loan
Obligation.
Further expansion and fundraising for research and artificial intelligence
focused startups such as Black Sheep Ai.Live, Ai World San Francisco.com,
and the Social Architects US.com will be launched. Through these strategic
initiatives, Harlem Park Partners is committed to scaling its operations,
securing a reliable supply chain, and broadening its global market reach.
Milestone 3: Month 7 to Month 12
Harlem Park Partners projects that cash flow from operations will commence
immediately and possibly lay the foundation for more levered transactions
on Tier 1 with Harlem Park Partners, Inc. The timeframe could potentially
be expedited as alliances and funding might create early stage opportunities.
These projections underscore the significant market opportunity and
the scalability of our business model.
Risk Factors of Unavailability of Equity Financing and Revenues
Startup Projects
Amount
Percentage
%
Sector
1. Water Boy Global.com
$70,000
19.4%
F&B Services
2. Globe Trotter Retail.com
$80,000
22.2%
Retail/
Drop shipping
3. Black Fisherman.com
$40,000
11.1%
Supply Chain
Logistics/Delivery
4. Social Architects US.com
$ 6,000
1.6%
Investor Platform
5. Ai World San Francisco.com
$15,000
4.2%
Events/
Conferences
6. Black Sheep Ai.Live
$ 6,000
1.6%
Artificial
Intelligence
7. Black Sheep Ai Magazine
$ 6,000
1.6%
Information/
Publishing
8. Bodegas Global.com
$ 6,000
1.6%
Food Retail
9. Mansions N Castles.com
$ 6,000
1.6%
Travel/
Real Estate
10. Afro Hair Pay.com
$30,000
8.3%
Retail Haircare/
Buy Now Pay Later
11. Farm Startups.com
$15,000
4.1%
Food / Supply Chain
Startup Subtotal
$280,000
77.8%
Harlem Park Partners Working Capital
$ 80,000
22.2%
Financial Engineering
Total
$360,000
100.0%
There is uncertainty that either startup revenues or startup equity
financing will be available when needed or in amounts sufficient to
satisfy principal and interest obligations on the notes being issued.
Black Sheep Ai
Accordingly, all funds raised in this Offering will become immediately
available to us and may be used as they are accepted. Investors will
not be entitled to a refund and could lose their entire investment.
See Plan of Distribution beginning on page 25 and Securities Being
Offered beginning on page 40. Harlem Park Partners, Inc. is a startup
and the purchase price of the Notes (Debt) bears no relationship to
our book value or any other measure of our current value or worth.
In fact, Harlem Park Partners, Inc. has not started to generate
revenues up to this point in time.
The Offering will begin as soon as practicable after this offering
statement has been qualified by the Securities and Exchange Commission
(the SEC). This offering will terminate at the earlier of: (1) the date
on which the maximum offering amount has been sold, (2) the date which
is eighteen months after this offering has been qualified by the SEC,
(3) the date on which the offering is extended by a resolution of the
Board or (4) the date on which this offering is earlier terminated by
us in our sole discretion.
This Offering is being conducted on a Best efforts basis pursuant to
Regulation 1 A of Section 3(b) of the Securities Act of 1933, as
amended, or the Securities Act, for Tier 1 Offerings and there is
no minimum Offering amount. We plan to hold a series of closings at
which we and investors will execute subscription documents, we will
receive the funds from investors electronically via ACH and issue the
Notes (Debt) to the investors in book entry form via Carta.com.
See Plan of Distribution and Securities Being Offered for a description
of our Debt Issuance.
PRELIMINARY OFFERING CIRCULAR
DATED , 2025
UP TO A MAXIMUM of $360,000 of NOTES (Debt)
MINIMUM INDIVIDUAL INVESTMENT: $100
Price per
Underwriting
Proceeds to
Proceeds to
Note
Discounts &
Issuer
Other Persons
Commissions
1,2,3 and 5 Year Notes (Debt Only) $100.00 $ 0 $ 100.00 $ 0
Price per Note Total Units Total Proceeds
1,2,3 and 5 Year Notes (Debt Only $100.00 1 $ 100 Minimum $ 0
*Offered on Best efforts Basis $100.00 3,600 $360,000 Maximum $ 0
*Termination Date , 2026 * Risk Factors on page 20 *
Direct Public Offering (DPO) No Escrow
Underwriting Expenses = $0
We will not sell any securities until we file an offering circular
supplement disclosing our final par value and coupon (interest rate)
no later than two business days following the earlier of the date of
determination of our par value offering price or the date such offering
is first used after qualification in connection with our public offering
or sale. If we do not timely file an offering circular supplement within 15
business days notwithstanding any substantive changes after the qualification
date of our offering statement disclosing our final par value price, then we
will be required to file a post qualification amendment that will need to be
qualified by the SEC before we sell any securities.
The Company reserves the right to change the Par Value Price to the public
during the course of the offering and will file a post qualification offering
circular amendment or an offering circular supplement to the
Offering Statement
at the time depending if any changes are determined to be
substantive or not.
The Company is offering, on a best efforts, self underwritten basis
with no minimum amount to be sold up to a maximum of $360,000 Dollars
in Notes (Debt).
Upon the filing of a final offering circular by the Company with the
Commission,
all of the debt registered in this offering will be freely
transferable without
restriction or further registration under Rule 251 unless such debt
(Notes)
is purchased by affiliates as that term is defined under Regulation 1 A
under
the Securities Act. The Company expects that the amount of legal expenses of
the offering that it will pay will be approximately $35,000.
The offering is being conducted on a best efforts basis without any minimum
aggregate investment target. The Company may undertake one or more closings on
a rolling basis. After each closing, funds tendered by investors will be
available to the Company.
In this public offering, Harlem Park Partners, Inc. is offering up to
a maximum
of $360,000 Dollars in 1, 2, 3, and 5 Year Notes (Debt). We will
receive all of
the proceeds minus expenses from the sale of the Notes. The offering
is being
made on a self underwritten, best efforts basis. For additional
information
regarding the methods of sale, you should refer to the section
entitled Plan
of Distribution in this offering.
We estimate the commission to broker dealers will be 0% of the gross of this
Offering. If we sell all the Notes in this Offering through this Direct
Public
Offering (DPO), we estimate the aggregate gross proceeds to be $360,000
where approximately $35,000 will be used for legal expenses and leaving the
firm with approximately $325,000 in capital. Steps have not been taken to
register
as an Alternative Trading System (ATS) or a Crowdfunding Portal.
The debt offered by the Company will be sold on our behalf by our sole
director
and Chief Executive Officer, Ameer Flippin. This new debt issuance is
deemed to
be an underwriter of this Direct Public Debt Offering.
He will not
receive any
commissions or proceeds for selling the Notes (debt) on our behalf.
There is
uncertainty that we will be able to sell any of the Notes being offered
herein
by the Company.
Currently, the company, Harlem Park Partners, Inc., has 1,000,000,000 common
shares issued and outstanding. Ameer Flippin directly and indirectly owns and
controls 100 percent of the shares of the company. No shares will be sold in
this Tier 1 Debt Offering. No shares of common stock are being offered. This
is a DEBT ONLY Offering.
The Company qualifies as an emerging growth company as defined in the Jumpstart
Our Business Startups Act, which became law in 2012 and will be subject to
reduced public company reporting requirements.
Generally, no sale may be made to an investor in this
offering if the aggregate
purchase amount you pay is more than 10% of the greater of the
annual income
or net worth of the investor.
Different rules apply to accredited investors and non natural persons. Before
making any representation that an investment of the
investor does not exceed
applicable thresholds, we encourage the investor to review
Rule 251(d)(2)(i)(C )
of Regulation 1 A. For general information on investing, we
encourage an
investor to refer to www.investor.gov.
PART II
OFFERING CIRCULAR SUMMARY
REGULATION A TIER 1 DEBT OFFERING STATEMENT
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 FORM 1 A
TIER I DEBT (NOTES) OFFERING
$360,000 Total Debt Issuance
1 Year Notes 6.3% Coupon; Maturity 2026
2 Year Notes 7.0% Coupon; Maturity 2027
3 Year Notes 7.8% Coupon; Maturity 2028
5 Year Notes 9.0% Coupon; Maturity 2030
(Callable , 2026)
OFFERING STATEMENT UNDER THE SECURITIES ACT OF 1933 CURRENT REPORT
HARLEM PARK PARTNERS, INC.
*
Direct Public Offering (DPO) No Escrow Underwriting Expenses = $0
Ameer Flippin, CEO 650 California Street 7 Fl
San Francisco, California 94108 Telephone: 240.581.4693
(CIK#: 0002001926)
THIS OFFERING STATEMENT SHALL ONLY BE QUALIFIED UPON ORDER OF THE COMMISSION,
UNLESS A SUBSEQUENT AMENDMENT IS FILED INDICATING THE INTENTION TO BECOME
QUALIFIED BY OPERATION OF THE TERMS OF REGULATION A.
Item 3(b). OFFERING CIRCULAR SUMMARY
The following summary highlights material information contained in this
Offering Circular. This
summary does not contain all of the information you should consider before
purchasing our NOTES (Debt Only).
Before making an investment decision, you should read this Offering Circular
carefully, including the Risk Factors section on page 20 and the financials
and the notes thereto.
Unless otherwise indicated, the terms We, Us, and Our refer and relate to
Harlem Park Partners, Inc., a Delaware C Corporation. Harlem Park Partners,
Inc.
was incorporated as a C Corporation in the state of Delaware on May 25th, 2023.
The firm, Harlem Park Partners, Inc. raises capital for startups, new fintech
products, and real estate
projects. Our long term goals are to meet the minimum capital requirements to
become a hybrid Venture Capital
and Private Equity Firm. Presently, the firm has 11 early stage startup
projects
which need funding.
Our primary flagship projects are Waterboy Global.com, a sidewalk water
and food kiosk
business, Globetrotter Retail.com and Travel brand, Blackfisherman.com, a
grocery delivery and shopping mobile app, Social Architects US.com, a social
networking platform for real estate investment clubs, Ai World San
Francisco.com,
an EdTech Symposium & Expo learning platform on Artificial Intelligence
( Ai ),
Black Sheep Ai.Live, a virtual Artificial Intelligence ( Ai ) Company,
Black Sheep Ai Magazine, a high gloss fashionable magazine highlighting
Ai
from the perspective of the consumer, Bodegas Global.com, a global portfolio
of small grocery stores, Mansions N Castles.com, a hybrid luxury
timeshare
and short term rentals brand, Afro Hair Pay.com, a mobile app haircare
lending
platform brand in the Buy Now Pay Later (BNPL) Sector and Farm Startups.com,
a portfolio of small farms.
Harlem Park Partners, Inc. is poised to become a micro cap securitization
house which has operations located within We Work, 650 California Street,
7th Floor, San Francisco, CA 94108.
We are offering $360,000 of our 1, 2, 3, and 5 Year Senior Corporate Notes
due
2026 (6.3% annualized Coupon), 2027 (7.0% annualized Coupon), 2028
(7.8% annualized
Coupon), and 2030 (9.0% annualized Coupon) respectively (the Notes).
The
Notes will bear annualized interest at rates of 6.3%, 7.0%, 7.8%, and
9.0%
respectively per year, payable semi annually pro rated in arrears on
and
of each year, beginning on , 2025.
Risk Factors of Principal and Interest Payments
Investors should note that approximately $80,000 (22.2%) of the $360,000 in
capital being raised has been allocated for working capital for Harlem Park
Partners, Inc. on Tier 1 where a maximum of $34,200 is allocated for annual
interest payments on the 1 Year, 2 Year, 3 Year, and 5 Year Notes due after
the first year. Approximately, 70 to 90% of funds raised will have
maturities
of 3 Years and 5 Years which will allow sufficient time for further
fundraising,
during the 1st, 2nd, and 3rd years. Additionally, tier 2 startup corporate
entity
equity fundraising is anticipated where the funds raised will be assets of
Harlem
Park Partners, Inc., the Tier 1 corporate entity, and can be used for
annual
principal and interest payments on the $360,000 seed round of the Notes.
Harlem
Park Partners, Inc. anticipates selling a minimum of $360,000 to
$500,000 in tier 2
startup equity to cover any principal payments that might become due
for 1 Year,
2 Year, 3 Year, and 5 Year Notes.
Disclosure of Fundraising Structure
The $360,000 in 1 Year, 2 Year, 3 Year, and 5 Year Notes will be structured
with
laddered maturities where approximately 70 to 90% ($252,000 to $324,000)
of the
$360,000 in Notes will have 3 Year and 5 Year Maturities. Given such a
maturity
structure, 70 to 90% of the Principal of the $360,000 Notes will be due
at the
earliest in 3 Years.
The Notes will mature on of each year in 2026, 2027, 2028, and 2030,
unless
earlier redeemed or repurchased.
PART II OFFERING CIRCULAR SUMMARY GLOSSARY OF DEFINED TERMS AND
INDUSTRY DATA
In this Offering Circular, each of the following quoted terms has the
meanings set forth after such term:
BNPL
Buy Now Pay Later
Exchange Act
The Securities Exchange Act of 1934 as Amended
FDIC
The Federal Deposit Insurance Corporation
Fin CEN
The Financial Crimes Enforcement Network, a bureau of the US Department
of the Treasury
FINRA
The Financial Industry Regulatory Authority, Inc. which is the primary
regulator in the United States
IRS
The US Internal Revenue Service, a bureau of the US Department of the
Treasury
SEC
The US Securities and Exchange Commission
Securities Act
The Securities Act of 1933, as Amended
SIPC
The Securities Investor Protection Corporation
THE OFFERING DESCRIPTION OF THE NOTES
The following description is a summary of the terms of the Notes being
offered. For purposes of this description, references to the Company,
we, our and us refer only to Harlem Park Partners, Inc. and not to any
tier 2 startups.
General
The notes (as defined below) will constitute a separate series of securities
referred to below and will be issued only in minimum denominations of $100 and
integral multiples of $100 in excess thereof. The notes will mature on the
dates set forth below. The accompanying materials describe additional
provisions of the notes. There is no limit on the aggregate principal amount
of notes that we may issue through amending the Offering Circular.
We reserve the right, from time to time and without the consent of any
holders of the notes, to reopen each series of notes on terms identical
in all respects to the outstanding notes of such series (except for the date
of issuance, the date interest begins to accrue and, in certain circumstances,
the first interest payment date), so that such additional notes will be
consolidated with, form a single series with and increase the
aggregate principal amount of the notes of such series; provided that
the additional notes will have a separate CUSIP number unless: (i) the
additional notes are issued within thirteen days of the issuance of the
outstanding notes of the original series, (ii) the additional notes are
issued pursuant to a qualified reopening of the outstanding notes of the
original series for U.S. federal income tax purposes or (iii) the additional
notes are, and the outstanding notes of the original series were, issued
without original issue discount for U.S. federal income tax purposes.
Such additional notes will have the same terms as to ranking, redemption,
waivers, amendments or otherwise, as the applicable series of notes, and
will vote together as one class on all matters with respect to such series
of notes.
The 6.3% Notes due 2026 (the 2026 Notes) will mature on , 2026, the 7.0%
Notes due 2027 (the 2027 Notes) will mature on , 2027, the 7.8% Notes due
2028 (the 2028 Notes) will mature on 2028, and the 9.0% Notes due 2030
(the 2030 Notes) will mature on , 2030.
On or after its applicable Par Call Date, we may redeem the 2027 Notes,
the 2028 Notes, and the 2030 Notes at our option, at any time in whole
or from time to time in part, at a redemption price equal to 100 percent
of the principal amount of the notes being redeemed.
In each case, we will also pay the accrued and unpaid interest on the
principal amount being redeemed to, but excluding, the date of redemption.
Independent Investment Banker means one of the Reference Treasury Dealers
that we appoint to act as the Independent Investment Banker from time to time.
Par Call Date means (i) with respect to the 2027 Notes, , 2027 (at
least one month prior to the maturity date of such notes), (ii) with respect
to the 2028 Notes, , 2028 (at least two months prior to the
maturity date of such notes), and (iii) with respect to the 2030
Notes, , 2030 (at least three months prior to the maturity
date of such notes).
Notice of redemption will be mailed or electronically delivered at
least 10 but not more than 60 days before the redemption date to each
holder of record of the notes to be redeemed at its
registered address.
The notice of redemption for the notes will state, among other things,
the amount of notes to be redeemed, the redemption date, the manner in
which the redemption price will be calculated and the place or places
that payment will be made upon presentation and surrender of notes to
be redeemed. Unless we default in the payment of the redemption price,
interest will cease to accrue on any notes that have been called for
redemption at the redemption date.
See Description of the Notes, Optional Redemption. Ranking the notes
will be: Our senior unsecured indebtedness and will rank equally
with each other and with all of our other senior unsecured and
unsubordinated indebtedness from time to time outstanding;
Structurally
subordinated to any preferred stock, and effectively subordinated to any
secured indebtedness to the extent of the value of the assets securing
such indebtedness. See Description of the Notes, Ranking. Further
issuances. We reserve the right, from time to time and without
the
consent of any holders of the notes, to reopen each series of
notes on
terms identical in all respects to the outstanding notes of such series
(except for the date of issuance, the date interest begins to accrue and,
in certain circumstances, the first interest payment date), so that such
additional notes will be consolidated with, form a single series with and
increase the aggregate principal amount of the notes of such series. See
Description of the Notes General. Use of proceeds. We intend to use the net
proceeds from sales of the notes, which we estimate will be
approximately $325,000,
after deducting any legal counsel fees and other expenses ($35,000),
for general corporate purposes, including repurchases of our Notes (Debt)
and payment of dividends under our program for working capital for a portfolio
of startup companies.
In a research driven mathematical algorithm, approximately
$280,000 dollars
will be utilized to create a credit facility for the new brands.
The new brand
will collateralize forthcoming capital from future shareholders
to secure the
loan from Harlem Park Partners, Inc., the Tier 1 company.
Approximately $80,000 of the funds will be used on our 1st tier Harlem Park
Partners, Inc. The capital will be distributed to startups
for working capital
in a timed sequence and series in order to manage capital
risk. See Use of
Proceeds. Denominations. The notes will be issued only in
minimum denominations
of $100 and integral multiples of $100 in excess
thereof. Form of notes.
We will issue the notes in electronic form as
determined by Carta.com.
Investors may elect to hold the interest in the notes through any of
the RISK
FACTORS. Investing in the notes involves risk. Before making a decision
to invest
in the notes, you should carefully consider the risk associated with emerging
growth startup companies.
The notes are our obligations exclusively and not of any of our tier 2 startups.
Optional Redemption
Prior to its maturity date, in the case of the 2027 Notes, or its applicable
Par Call Dates for the 2028 Notes and the 2030 Notes, we may redeem such series
of notes at our option, at any time in whole or from time to time in part, at a
redemption price as calculated by us, equal to the greater of:
100 percent of the principal amount of the notes being redeemed; or
the sum of the present values of the remaining scheduled payments of principal
and interest on the notes being redeemed (assuming, in the case of the 2027
Notes, the 2028 Notes, and the 2030 Notes, that such Notes matured on their
applicable Par Call Date), exclusive of interest accrued to, but excluding,
the date of redemption.
On or after its applicable Par Call Date, we may redeem the 2027 Notes, the
2028 Notes, and the 2030 Notes at our option, at any time in whole or from
time to time in part, at a redemption price equal to 100 percent of the
principal amount of the notes being redeemed.
In each case, we will also pay the accrued and unpaid interest on the
principal
amount being redeemed to, but excluding, the date of redemption.
Independent Investment Banker means one of the Reference Treasury
Dealers
that we appoint to act as the Independent Investment Banker from time
to time.
Par Call Date means (i) with respect to the 2027 Notes, ,
2027 (at
least one month prior to the maturity date of such notes), (ii) with
respect
to the 2028 Notes, , 2028 (at least two months prior to the
maturity date of
such notes), and (iii) with respect to the 2030 Notes, ,
2030 (at least
three months prior to the maturity date of such notes).
Notice of redemption will be mailed or electronically delivered at
least 10
but not more than 60 days before the redemption date to each holder
of record
of the notes to be redeemed at its registered address. The notice of
redemption
for the notes will state, among other things, the amount of notes to
be redeemed,
the redemption date, the manner in which the redemption price will be
calculated
and the place or places that payment will be made upon presentation
and surrender
of notes to be redeemed. Unless we default in the payment of the
redemption price,
interest will cease to accrue on any notes that have been called for
redemption
at the redemption date.
The notes are our obligations exclusively and not of any of our tier 2
startup
companies. The companies in the startup portfolio are separate legal
entities
that have no obligation to pay any amounts due under the notes or to
make
any funds available therefor, whether by dividends, loans or other
payments.
The notes permit us to incur additional debt, including secured debt.
If we
incur any secured debt, our assets will be subject to prior claims
by our
secured creditors. In the event of our bankruptcy, liquidation,
reorganization
or other winding up, assets that secure debt will be available to
pay
obligations on the notes.
This may have the effect of reducing the amount of proceeds paid to you.
If
there are not sufficient assets remaining to pay all these creditors,
all or
a portion of the notes then outstanding would remain unpaid.
The notes do not contain financial covenants. While the notes contain terms
intended to provide protection to the holders of the notes upon
the occurrence
of certain events involving significant corporate transactions,
such terms
are limited and may not be sufficient to protect your investment
in the notes.
Harlem Park Partners, Inc. is not required to maintain any
financial ratios or
specific levels of net worth, revenues, income, cash
flow or liquidity and,
accordingly, does not protect holders of the notes in the
event we experience
significant distress; Limit our ability to incur indebtedness
that is secured
senior to or equal in right of payment to the notes;
Restrict
our startup companies the ability to
issue securities or otherwise
incur indebtedness that
would be senior to our equity interests in our startups
and therefore rank
effectively senior to the notes; Restrict our ability to
repurchase or prepay
any other of our securities or other indebtedness;
Restrict our ability to make
investments or to repurchase or pay dividends or make
other payments in respect
of our Notes (Debt) or other securities ranking junior to
the notes; restrict
our ability to enter into highly leveraged transactions;
or Require us to
repurchase the notes in the event of a change in control.
As a result of the foregoing, when evaluating the terms
of the notes, you
should be aware that the terms of the notes do not
restrict our ability to
engage in, or to otherwise be a party to, a variety
of corporate transactions,
circumstances and events that could have an adverse
impact on your investment
in the notes. Active trading markets for the notes may not develop.
Each series
of the notes is a new issue of securities with
no established
trading market. We
do not intend to apply for listing of any series of the notes on any
securities
exchange. We cannot assure you trading markets for the notes will
develop or of the
ability of holders of the notes to sell their notes or of the prices at
which holders
may be able to sell their notes.
No assurance can be given as to the liquidity of the trading markets for
the notes.
If no active trading markets develop, you may be unable to resell the notes
at any
price or at their fair market value. The market prices of the notes may be
volatile.
The market prices of the notes will depend on many factors, including, but
not
limited to, the following: Credit ratings on our debt securities assigned
by rating
agencies; The time remaining until maturity of the notes; The prevailing
interest
rates being paid by other companies similar to us; our results of
operations,
financial condition and prospects; and the condition of the financial
markets.
The condition of the financial markets and prevailing interest rates
have fluctuated
in the past and are likely to fluctuate in the future, which could have
an adverse
effect on the market prices of the notes. Rating agencies
continually review the credit ratings they have assigned
to companies and debt securities. Negative
changes in the credit ratings assigned
to us or our debt securities
could have
an adverse effect on the market prices.
Business Overview
Harlem Park Partners, Inc. is a financial engineering firm incorporated in
the State of Delaware on May 25th, 2023, poised to become a micro cap
securitization house which has operations located at 650 California Street,
7th Floor, San Francisco, CA 94108. Our firm raises capital for startups,
real
estate projects and new fintech products. Our long term goals are to meet the
minimum capital requirements to become a hybrid Venture Capital and Private
Equity Firm.
Presently, the firm has 11 startup projects which include Waterboy
Global.com, a sidewalk bottled water and food kiosk business,
Globetrotter Retail.com and
Travel Brand, a Direct to Consumer retail brand,
Blackfisherman.com,a grocery
delivery and shopping mobile app,
Social Architects US.com,
a social networking
platform for Real Estate Investment Clubs,
Ai World San Francisco.com,
an EdTech
Symposium & Expo learning platform on Artificial Intelligence ( Ai ),
Black
Sheep Ai.Live, a virtual Artificial Intelligence ( Ai ) Company,
Black Sheep Ai
Magazine, a high gloss fashionable magazine highlighting Ai
from the perspective
of the consumer, Bodegas Global.com, a global portfolio of small
grocery stores,
Mansions N Castles.com, a hybrid luxury timeshare and short term
rentals brand,
AfroHairPay.com, a mobile app haircare lending platform brand
in the Buy Now
Pay Later (BNPL) Sector, and Farm Startups.com, a portfolio of
small startup
farms.
This $360,000 Dollar Debt (Notes) Seed Stage round of funding
is allocated
primarily for working capital for Harlem Park Partners, Inc. and
the
portfolio
of startups. Initially, funds will be allocated for retail transactions
on the
supply chain where markup should provide for further reinvestment
by utilizing
a secured transaction algorithm for continued new issuance of debt
and
equity.
Employees
We have no employees. Ameer Flippin is our Chief Executive Officer,
President,
Secretary and Treasurer. In the past, Ameer Flippin has worked part time
as a
Teaching Assistant (TA) with a staffing firm in the San Francisco,
California
Bay area.
Ameer Flippin has extensive experience in securities across a range of roles
and organizations. After graduating from college with B.S. in Mathematics,
Ameer Flippin started his career at Morgan Stanley, Japan, in Tokyo, where
he spent a year as a financial analyst supporting proprietary derivatives
traders on the government backed bonds trading desk.
Ameer then transitioned back to the USA to a role as a stockbroker and
financial advisor at Prudential Securities in Memphis, Tennessee from 1995
to 1998, managing a book of small individual investor clients with assets
ranging from approximately $500,000 to $1 million. Subsequently, Ameer worked
as an independent investment advisor with Apex Advisors Securities America,
Inc. from 1998 to 2001, continuing with the same book of business, while
clearing
trades through the broker dealer, Securities America, Inc. During the period
from
2002 to 2007, Ameer Flippin focused on publishing a stock picking newsletter
through Apextechstocks.com.
More recently, Ameer founded and served as the sole shareholder and CEO of
Urban Public Finance, Inc., a Delaware C corporation, from 2018 to 2023.
Urban Public Finance, Inc. is being dissolved. Ameer concurrently worked a
side job as a sidewalk vending Waterboy on the National Mall, while
dedicating the majority of his time to proprietary securities research at the
Library of Congress in Washington, DC. In 2023, Ameer continued as an
investment advisor under a new Delaware C Corporation Charter and established
Harlem Park Partners, Inc. with a focus on raising capital for startups via
Exempt Securities Offerings.
Currently, Ameer Flippin has the flexibility to work on our business up to
40 hours per week, but is prepared to devote more time if necessary pending a
successful seed round of funding.
We do not presently have pension, health, annuity, insurance, stock options,
profit sharing, or similar benefit plans; However, we may adopt plans in the
future. There are presently no personal benefits available to our officer
and director.
Executive Compensation
Ameer Flippin will be compensated at a rate of $45,000 per year for services
as CEO. Ameer Flippin has not received compensation prior to this offering.
Item 3(c). RISK FACTORS
RISK FACTORS
An investment in our securities involves a high degree of risk and many
uncertainties. You should carefully consider the specific factors listed
below, together with the cautionary statement that follows this section
and the other information included in this Offering Circular,
before purchasing
securities in this offering. The risks and uncertainties described
below are
not the only ones that we face. Additional risks and uncertainties
that we are
unaware of may also become important factors that adversely affect
our business.
If one or more of the possibilities described as risks actually
occur, our
operating results and financial condition would likely suffer and
the trading
price, if any, of our shares could fall, causing you to lose some
or all of your
investment. The following is a description of what we consider the
key challenges
and material risks to our business and an investment in our securities.
We may not successfully execute our business plan to generate revenues
and
create a sustainable growth trajectory
We have not generated any revenues to date. Our ability to
generate revenues
and grow our revenues will depend, in part, on our ability to
execute on our
business plan of funding startups, and expand our customer base
and business
model in a timely manner. We may fail to do so. A variety of factors
outside
of our control could affect our ability to generate revenues and our
revenue growth.
Risk Factors associated with Principal and Interest Payments
Investors should note that approximately $80,000 (22.2%) of the $360,000 in
capital being raised has been allocated for working capital for Harlem Park
Partners, Inc. on Tier 1 where a maximum of $34,200 is allocated for annual
interest
payments on the 1 Year, 2 Year, 3 Year, and 5 Year Notes due after the
first year.
Approximately, 70 to 90% of funds raised will have maturities of 3 Years
and 5 Years
which will allow sufficient time for further fundraising, during the 1st,
2nd, and
3rd years. Additionally, tier 2 startup corporate entity equity fundraising
is
anticipated where the funds raised will be assets of Harlem Park Partners,
Inc.,
the Tier 1 corporate entity, and can be used for annual principal and
interest
payments on the $360,000 seed round of the Notes.
Harlem Park Partners, Inc. anticipates selling a minimum of $360,000
to $500,000
in tier 2 startup equity to cover any principal payments that might become
due
for 1 Year, 2 Year, 3 Year, and 5 Year Notes.
Risk Factors of Unavailability of Equity Financing and Revenues
There is uncertainty that either startup revenues or startup equity financing
will be available when needed or in amounts sufficient to satisfy principal
and interest obligations on the notes being issued.
Disclosure of Fundraising Structure
The $360,000 in 1 Year, 2 Year, 3 Year, and 5 Year Notes will be
structured with
laddered maturities where approximately 70 to 90% ($252,000 to $324,000)
of the
$360,000 in Notes will have 3 Year and 5 Year Maturities. Given such a
maturity
structure, 70 to 90% of the Principal of the $360,000 Notes will be due at
the
earliest in 3 Years.
Disclosure of Initial Ownership Structure
None of these target entities have commenced operations. Harlem Park Partners,
Inc. will initially control 100% of each startup entity and own more than 51%
where the CEO Ameer Flippin currently owns approx. 66% of the equity of Harlem
Park Partners, Inc. (remainder approx. 34% in Co. Treasury) and controls the
company 100%.
These soon to be formed corporate entities are all being formed by the
Corporate
entity, Harlem Park Partners, Inc., and will not initially be startup
corporate
entities owned by any third party not associated with Harlem Park Partners, Inc.
Ameer Flippin, the Interim CEO for 2nd Tier startups could possibly own
shares
going forward.
The businesses may not be able to generate revenues as they begin operation,
which may make it more difficult for the Company to pay the interest due on
the notes.
Disclosure of Substantial Execution and Oversight Risk
During the initial stages, several of the startups are technology oriented
entities wherein web development services will be procured from qualified
third party developers identified through established freelance marketplaces
such as Upwork.com. There is significant risk from the material implementation
and supervisory vulnerabilities arising from the organization's dependence
on a sole executive officer, Ameer Flippin, allocating constrained temporal
resources across multiple corporate entities.
We may encounter unanticipated obstacles in the execution of our business plan
Our business plans may change significantly. Many of our potential business
endeavors are capital intensive and may be subject to statutory or regulatory
requirements. Management believes that the chosen activities and strategies
are achievable in light of current economic and legal conditions with the
skills, background, and knowledge of the principals and advisors. Management
reserves the right to make significant modifications to the stated strategies
depending on future events.
We may experience quarterly fluctuations in our operating results due to a
number of factors which make our future results difficult to predict and
could cause our operating results to fall below expectations.
Our quarterly operating results may fluctuate due to a variety of
factors, many of which are outside of our control. As a result,
comparing our operating results on a period to period basis may
not be meaningful. Factors that may affect
our quarterly results include but not limited to: operating
costs, our ability to
hire, train and retain key personnel, developing new products/services
and expanding new market. Based upon all the factors described above,
we have a limited ability to forecast our future revenues, costs and
expenses, and as a result, our operating results may fall below
our estimates from time to time.
Our operation depends significantly on key personnel and management
The success of the Company will be particularly dependent upon our
executive management. Our dependence upon key personnel to operate
our business puts us at risk of a loss of expertise if they leave us.
If we are not able to retain the existing highly qualified management,
we may not be able to successfully execute our business strategy. Effective
management of targeted growth shall require expanding the management and
financial controls, hiring additional appropriate personnel.
We may continue to be controlled by a small number of securities holders
with interests that differ from other securities holders
As of the date of this Offering Circular, the majority of equity in the
company is held only by the CEO Ameer Flippin. Ownership by CEO Ameer Flippin
is presently 66.6% of the company and could increase significantly
pending any success from tier 2 startups. Therefore, Ameer Flippin by nature
of his ownership, now and potentially in the future is in a position to
control the business and affairs of Harlem Park Partners, Inc. including
certain significant corporate actions. The interest of Ameer Flippin may
differ significantly from the interests of small individual investors and
other shareholders.
Tier 2 vs Tier 1 Companies
Harlem Park Partners, Inc. is the Tier 1 company maintaining a minimum of 51%
equity in each of the tier 2 startup companies. Tier 2 startup companies are
forthcoming new corporate entities to soon be organized and controlled by
Tier 1 Harlem Park Partners, Inc. Tier 2 startup companies will issue debt
and equity securities separately as well from Tier 1 Harlem Park Partners, Inc.
specifically to be allocated for such tier 2 startup expenditures.
We will likely face significant competition
We will compete with other large well established companies with
greater financial resources and well established marketing and
sales teams to promote business and drive sales. Given technology
and compliance costs on the rise, running any type of business
similar to ours is very costly. The competition may prevent the
Company from effectively becoming engaged in certain markets.
Market risks and general economic conditions might cause significant
risks and uncertainties
The financial success of the Company may be sensitive to adverse
changes in general economic conditions in the United States,
such as recession, inflation, unemployment, and interest rates.
The management believes that certain catalysts such as economic
slowdowns, uncertain energy prices, and/or accelerating inflation
could hurt the prospects of the Company. A global economic
slowdown will create further obstacles for our Company.
We may not raise sufficient funds to execute our business
model
If the gross offering proceeds of $360,000 is realized, the
Company believes that such proceeds will not sustain the
Company sufficiently to allow for the implementation of the
business plans and will require more funding. If only a
fraction of this Offering is sold, or if certain assumptions
contained in the business plans of management prove to be
incorrect, the Company may have inadequate funds to fully
develop its business and may need additional financing or
other capital investment to fully implement the strategies
for the startup portfolio.
We may encounter risks associated with our expansion
As we expand, we will likely need to reconstruct our financial
allocations, and potentially divert funds from our core business.
Any errors or lapses in this process could adversely affect our
position in the market. All of the risks associated with the
expansion of operations may have an adverse effect on the present
and prospective business activities.
Compliance with current and future regulations could affect
our business
Our Company is subject to a vast array of rules and regulations
from a wide variety of regulatory agencies, and they apply not
only to the Company but also the startup companies with which we
do business. Failure to comply with applicable laws and regulations
could harm our business and financial results. In addition to
potential damage to our reputation and our clients' confidence,
failure to comply with the various laws and regulations,
as well as changes in laws and regulations or the manner
in which they are interpreted or applied, may result in
civil and criminal liability, damages, fines and penalties,
increased cost of regulatory compliance and restatements of
our financial statements. Additionally, future changes to
laws or regulations, or the cost of complying with such laws,
regulations or requirements, could also adversely affect our
business and results of operations.
We may encounter certain risks associated with website security
Protecting customer information is a key responsibility of the
Company. We have been dedicated to constantly improve our website
security to address the protection of the information and records
of the customer. This includes protecting against any possible
threats or hazards to the security as well as against any unauthorized
access to our customers' information. Any breach in our website security,
whether international or unintentional, could cause our customers to
lose their confidence in our website and hurt our reputation. Additionally,
breaches of the personal information of the customer could lend to
regulatory fines for noncompliance or even possible lawsuit.
As we do not have an escrow or trust account with this subscription,
if we file for or are forced into bankruptcy protection, investors
will lose their entire investment
Invested funds for this offering will not be placed in an escrow or
trust account and if we file for bankruptcy protection or a petition
for involuntary bankruptcy is filed by creditors against us, your
funds will become part of the bankruptcy estate and administered
according to the bankruptcy laws. As such, you will lose your investment
and your funds will be used to pay creditors.
There is no current market for the securities of the Company
There is no formal marketplace for the resale of the securities of
Harlem Park Partners, Inc. The securities may or may not be traded
on the over the counter market to the extent any demand exists. Investors
should assume that they will not be able to liquidate their investment
for some time, or be able to pledge their shares as collateral.
In the event that our shares become publicly traded, our shares may
trade under $5.00 per share, and thus may be considered a penny stock.
Trading penny stocks has many restrictions and these restrictions
could severely affect the price and liquidity of our shares. In the
event that our shares become publicly traded, and our stock trades
below $5.00 per share, our stock would be known as a penny stock,
which is subject to various regulations involving disclosures to be
given to you prior to the purchase of any penny stock. The U.S.
Securities and Exchange Commission (the SEC) has adopted
regulations which generally define a penny stock to be any
equity security that has a market price of less than $5.00 per
share, subject to certain exceptions.
Depending on market fluctuations, our Common Stock could be
considered to be a penny stock. A penny stock is subject to
rules that impose additional sales practice requirements
on broker dealers who sell these securities to persons other
than established customers and accredited investors. For
transactions covered by these rules, the broker dealer must
make a special suitability determination for the purchase of
these securities. In addition, he must receive the written
consent of the purchaser to the transaction prior to the
purchase. He must also provide certain written disclosures
to the purchaser. Consequently, the penny stock rules may
restrict the ability of broker dealers to sell our securities,
and may negatively affect the ability of holders of shares of
our Common Stock to resell them. These disclosures require
you to acknowledge that you understand the risks associated
with buying penny stocks and that you can absorb the loss of
your entire investment. Penny stocks are low priced securities
that do not have a very high trading volume. Consequently,
the price of the stock is often volatile and you may not be
able to buy or sell the stock when you want to.
We have established no minimum offering of our securities
Because there is only a $100 minimum offering of our debt
securities, purchasers in this offering may be one of a few
to purchase our securities and management's plans for the
offering proceeds may not be met, in which case the purchasers
may lose their entire investment. An investor can pay as little
as $9 per month over a 12 month period for 1 unit.
We expect to encounter specific industry risks
While the Company believes the knowledge and experience of
its key director, officer and future employees will enable
it to launch startups in an ongoing manner, there is always
a possibility that new startup developments or other new
technologies will compromise our business model and make it
harder for the Company to compete.
We expect to encounter specific risks related to our
position in the market
As newly formed entity, the Company will be competing for market
share against larger, more well established businesses. Further,
it is anticipated that all of the startups that the Company
will be funding will be speculative and the Company will not
benefit from intellectual property protection.
Risks Related to Our Industry
Harlem Park Partners, Inc. will act as the underlying and primary
Tier 1 startup holding a significant and majority ownership in
Tier 2 startups. Our goals are to continuously securitize and
fund startups for a diversified portfolio. Most startups will
have no financial track record and have a significant amount
of capital risk. The risk is similar to those associated
with Venture Capital and Private Equity where companies
typically build out and securitize 1,500 to 3,000 startups,
globally, over the life of the corporation. Harlem Park Partner's
risk is significantly increased by allowing small individual
investors to participate as partners considering the fact
that such high risk transactions are usually reserved for
wealthy accredited investors who can withstand the ups and
downs of the economy.
Continued Operation will require additional capital
Harlem Park Partners, Inc., a financial engineering firm,
raises capital for startups, new fin tech products and real
estate. Our firm specializes in securitization through Exempt
Securities Offerings regulated by the Securities and Exchange
Commission (SEC). This Regulation 1 A Exempt Securities Offering
of $360,000 is a seed round of funding allocated primarily for
working capital for a portfolio of 11 startups. Continued operation
will require immediate additional funding to support the working
capital where it is anticipated that an Amendment of this Regulation
1 A Offering Statement will be required to increase the Aggregate
Total Offering Amount within the next 12 months. There can be no
assurance that such goals can be met without further financing and
whether such financing, if necessary, can be obtained on favorable
terms or at all.
Risks Related to Our Regulatory Environment
The notes are our unsecured general obligations, ranking
equally with other unsecured and unsubordinated indebtedness.
As of , 2025, we have $0 of unsecured senior notes and $0
unsecured short term promissory notes outstanding, no secured
senior debt outstanding. If we incur any secured debt, our
assets will be subject to prior claims by our secured creditors.
In the event of our bankruptcy, liquidation, reorganization or
other winding up, assets that secure debt will be available to
pay obligations on the notes. Holders of the notes will participate
in our remaining assets ratably with all of our unsecured and
unsubordinated creditors, including our trade creditors. If we
incur any additional obligations that rank equally with the notes,
including trade payables, the holders of those obligations will be
entitled to share ratably with the holders of the notes and the
previously issued notes in any proceeds distributed upon our insolvency,
liquidation, reorganization, dissolution or other winding up. This may
have the effect of reducing the amount of proceeds paid to you. If there
are not sufficient assets remaining to pay all these creditors, all or a
portion of the notes then outstanding would remain unpaid.
As a result of the foregoing, when evaluating the terms of the notes,
you should be aware that the terms of the notes do not restrict our
ability to engage in, or to otherwise be a party to, a variety of corporate
transactions, circumstances and events that could have an adverse impact
on your investment in the notes.
Active trading markets for the notes may not develop
Each series of the notes is a new issue of securities with no established
trading market. We do not intend to apply for listing of any series of
the notes on any securities exchange. We cannot assure you trading markets
for the notes will develop or of the ability of holders of the notes to
sell their notes or of the prices at which holders may be able to sell
their notes. However, any market making with respect to the notes may be
discontinued, in their sole discretion, at any time without notice. No
assurance can be given as to the liquidity of the trading markets for
the notes. If no active trading markets develop, you may be unable to
resell the notes at any price or at their fair market value.
The market prices of the notes may be volatile
The market prices of the notes will depend on many factors, including,
but not limited to, the following:
1. Credit ratings on our debt securities assigned by rating agencies;
2. The time remaining until maturity of the notes;
3. The prevailing interest rates being paid by other companies similar
to us;
4. Our results of operations, financial condition and prospects; and
5. The condition of the financial markets.
The condition of the financial markets and prevailing interest rates
have fluctuated in the past and are likely to fluctuate in the future,
which could have an adverse effect on the market prices of the notes.
Rating agencies continually review the credit ratings they have
assigned to companies and debt securities. Negative changes in the
credit ratings assigned to us or our debt securities could have an
adverse effect on the market prices of the notes.
Our credit ratings may not reflect all the risk of your investment
in the notes. Our credit ratings are an assessment by rating agencies
of our ability to pay our debts when due. Consequently, real or
anticipated changes in our credit ratings will generally affect the
market value of the notes. These credit ratings may not reflect the
potential impact of all risks relating to the notes. Agency credit
ratings are not a recommendation to buy, sell or hold any security,
and may be revised or withdrawn at any time by the issuing organization.
Each rating by agencies should be evaluated independently of any other
credit rating of an agency.
Item 4. ESCROW & DILUTION
Escrow
There is no Escrow Account in this offering. Funds will be
transmitted directly into the corporate account of Harlem Park Partners, Inc.
Considering the fact that shares are not being sold, there is no dividend.
The proceeds of this offering will not be placed into an escrow account.
The price of the current Notes (Debt) offering is not set at a specific
price per share of common stock where shares are not being offered. This
is a debt only offering.
Dilution
If you invest in our securities, your interest could possibly be
diluted.
Dilution represents the difference between the offering price and the
net tangible book value per Common Shares immediately after completion
of this offering. Net tangible book value is the amount that results from
subtracting total liabilities and intangible assets from total assets.
Dilution arises mainly as a result of the Company s arbitrary
determination of the offering.
The valuation of Harlem Park Partners, Inc. could decline if one or
more of these risks and uncertainties develop into actual events and you
could lose all or part of your investment. Additional risks and uncertainties
not currently known to us or that we currently deem to be immaterial also
may materially and adversely affect our business, financial condition,
results of operations or future prospects. In addition, some of the
statements in this section of the Offering Circular are forward looking
statements. For more information about forward looking statements,
please see the section of this Offering Circular entitled Cautionary
Statement.
Item 5. PLAN OF DISTRIBUTION AND SELLING SECURITYHOLDERS
PLAN OF DISTRIBUTION SUMMARY
The Company is offering up to $360,000 of Notes (Debt ONLY) on a
best efforts basis at a par price of $100.00 per Note (Unit).
There is no minimum subscription amount. As of , 2025,
the Company has not issued any Notes in this Offering for gross
proceeds of $0. This is a Direct Public Offering where the Notes
are sold directly to investors without an intermediary such as a
broker dealer.
The Company intends to market the Notes in this Offering both through
online and offline means. Online marketing may take the form of
contacting potential investors through electronic media and posting
our Offering Circular or testing the waters materials on an online
environment. This Offering Circular will be furnished to prospective
investors via the website (www.HarlemParkPartners.com) on a landing
page that relates to the Offering,
www.HarlemParkPartners.com/OfferingCircular.
The Offering will terminate at the earlier of the date at which the
maximum offering amount has been sold and the date at which the
Offering is earlier terminated by the Company, in its sole discretion.
The Company may undertake one or more closings on an ongoing basis.
After each closing, funds tendered by investors will be available to
the Company.
PLAN OF DISTRIBUTION
Harlem Park Partners, Inc. is offering up to $360,000 of Notes
(Debt Only) with 1 Year Maturity (6.3% Annualized Coupon), 2 Year
Maturity (7.0% Annualized Coupon), 3 Year Maturity (7.8% Annualized Coupon),
and 5 Year Maturity (9.0% Annualized Coupon) NOTES which represents
the value of the Debt available to be offered as of
2025 out of the rolling 12 month maximum offering amount of
$360,000 of NOTES. Our Debt being offered hereby will be primarily
offered by Ameer Flippin, CEO of Harlem Park Partners, Inc.,
through the Harlem Park Partners Platform at www.HarlemParkPartners.com.
In conducting this offering, Ameer Flippin intends to rely on the
exemption from registration contained in Exchange Act Rule 3a4 1.
For additional information about the Harlem Park Partners Platform,
please see Offering Circular Summary About the Harlem Park Partners Platform.
The Harlem Park Partners Platform is not subject to the registration
requirements of Section 304 of the JOBS Act because it does not
offer and sell securities pursuant to Section 4(a)(6) of the Securities
Act, and, therefore, does not meet the definition of a funding portal.
This offering circular will be furnished to prospective investors upon
their request via electronic PDF format and will be available for viewing
and download 24 hours per day, 7 days per week on the HarlemParkPartners.com
Platform website, as well as on the SEC website at www.sec.gov.
In order to subscribe to purchase our NOTES (Debt Only), a prospective
investor must electronically complete, sign and deliver to us an executed
subscription agreement in the form attached to this offering circular as
Exhibit 1, and wire or send ACH funds for its subscription amount in
accordance with the instructions provided therein.
Settlement may occur up to 30 days after a prospective investor submits
a subscription agreement, depending on the volume of subscriptions
received. An investor will become a Notes Holder, including for U.S.
federal income tax purposes, and the Notes will be issued, as of the
date of settlement. Settlement will not occur until funds of an investor
have cleared and we accept the subscriber as an investor.
The Notes are limited to residents of the United States
We reserve the right to reject any subscription by an investor in whole
or in part for any reason, including if we determine in our sole and
absolute discretion that such investor is not a qualified purchaser for
purposes of Section 18(b)(4)(D)(ii) of the Securities Act. If the
offering terminates or if any prospective subscription by an investor
is rejected, all funds received from such investors will be returned
without interest or deduction.
State Law Exemption and Offerings to Qualified Purchasers
Our 1 Year, 2 Year, 3 Year and 5 Year NOTES are being offered and
sold only to qualified purchasers (as defined in Regulation A).
As a Tier 1 offering pursuant to Regulation A, this offering will
be exempt from state Blue Sky law review, subject to certain state
filing requirements and anti fraud provisions, to the extent that our
NOTES offered hereby are offered and sold only to qualified purchasers.
Qualified purchasers include: (i) accredited investors under Rule 501(a)
of Regulation D and (ii) all other investors so long as their investment
in our NOTES does not represent more than 10% of the greater of their annual
income or net worth (for natural persons), or 10% of the greater of annual
revenues or net assets at fiscal year end (for non natural persons).
However, our NOTES are being offered and sold only to those investors
that are within the latter category (i.e., investors whose investment in
our NOTES does not represent more than 10% of the applicable amount),
regardless of the status of an investor as an accredited investor.
Accordingly, we reserve the right to reject any subscription by an investor
in whole or in part for any reason, including if we determine in our sole
and absolute discretion that such investor is not a qualified purchaser
for purposes of Regulation A.
Certificates Will Not Be Issued
We will not issue certificates. Instead, our Noteholders will be
recorded and maintained on our Capitalization Table and register at
Carta.com where the Noteholders will be able to access the data room
online.
Transferability of our Notes (Debt)
Holders of our 1 Year Maturity (6.3% Annualized Coupon), 2 Year
Maturity (7.0% Annualized Coupon), 3 Year Maturity (7.8% Annualized Coupon),
and 5 Year (9.0% Annualized Coupon) NOTES may not transfer, assign,
pledge or otherwise dispose of or encumber NOTES (or any interest
therein) without the prior written consent of our board of directors,
or our chief executive officer if our board of directors delegates
such authority. Notwithstanding the foregoing, such transfer restrictions
shall not apply (i) in the case of a holder of 1 Year Maturity
(6.3% Annualized Coupon) ,2 Year Maturity (7.0% Annualized Coupon),
3 Year Maturity (7.8%
Annualized Coupon), and 5 Year Maturity (9.0% Annualized Coupon) NOTES who
is an individual, to certain transfers made without consideration for bona
fide estate planning purposes and (ii) in the case of a holder of
NOTES that is an entity, to certain transfers made without consideration
to such stockholders, members, partners, other equity holders or affiliates.
No Escrow and No Dividends
There is no Escrow Account in this offering. Funds will be transmitted
directly into the corporate account of Harlem Park Partners, Inc.
Considering the fact that shares are not being sold, there is no dividend.
We are offering our 1 Year Maturity (6.3% Annualized Coupon), 2 Year
Maturity (7.0% Annualized Coupon), 3 Year Maturity (7.8% Annualized Coupon),
and 5 Year Maturity (9.0% Annualized Coupon) NOTES on a best efforts
basis primarily through the online Harlem Park Partners, Inc. Platform.
Advertising, Sales and other Promotional Materials
In addition to this offering circular, subject to limitations imposed
by applicable securities laws, we expect to use additional advertising,
sales and other promotional materials in connection with this offering.
These materials may include information relating to this offering, the
past performance of our Company and our affiliates, property brochures,
articles and publications concerning real estate, or public
advertisements and audio visual materials, in each case only as
authorized by us. In addition, the sales material may contain certain
quotes from various publications without obtaining the consent of the
author or the publication for use of the quoted material in the sales
material.
Although these materials will not contain information in conflict
with the information provided by this offering circular and will be
prepared with a view to presenting a balanced discussion of risk
and reward with respect to our 1 Year Maturity (6.3% Annualized Coupon),
2 Year Maturity (7.0% Annualized Coupon), 3 Year Maturity (7.8% Annualized
Coupon), and 5 Year Maturity (9.0% Annualized Coupon) NOTES, the materials
will not give a complete understanding of this offering, us or our NOTES
and are not to be considered part of this offering circular. This offering
is made only by means of this offering circular and prospective investors
must read and rely on the information provided in this offering circular
in connection with their decision to invest in our NOTES.
Proceeds to Company in Offering
Total
Underwriting
of
Discounts
Approximate
NOTES
Offering
&
Gross
(Debt)
Price (1)
Commissions
Proceeds
Pe r Share
25% of Offering Sold
90,000 $
100 $
0
$ 90,000
50% of Offering sold
180,000 $
100 $
0
$ 180,000
75% of Offering Sold
270,000 $
100 $
0
$ 270,000
(1) Assuming an initial public offering price of $100 par value,
as set forth on the cover page of this offering circular.
HOW TO SUBSCRIBE
Subscription Procedures
We intend to initially limit the offer and sale of our 1 Year
Maturity (6.3% Annualized Coupon) ,2 Year Maturity (7.0% Annualized
Coupon), 3 Year Maturity (7.8% Annualized Coupon), and 5 Year
Maturity (9.0% Annualized Coupon) NOTES to residents of the United
States. Investors seeking to purchase our NOTES who satisfy the
qualified purchaser standards (see State Law Exemption and Purchase
Restrictions) should proceed as follows:
Read this entire Offering Circular and any supplements
accompanying this Offering Circular.
Electronically complete and execute a copy of the subscription
agreement. A Specimen copy of the subscription agreement, including
instructions for completing it, is included in this offering circular
as Exhibit 1.
Electronically provide ACH instructions to us for the micro payment
towards the full purchase price of 1 Unit ($100) of our NOTES being
subscribed for.
By executing the subscription agreement and paying a micro payment
towards the total purchase price of a minimum of 1 Unit ($100) of a
NOTE subscribed for, each investor agrees to accept the terms of the
subscription agreement and attests that the investor meets the minimum
standards of a qualified purchaser, and that such subscription for NOTES
does not exceed 10% of the greater of such annual income or net worth
of the investor (for natural persons), or 10% of the greater of annual
revenues or net assets at fiscal year end (for non natural persons).
Subscriptions will be binding upon investors and will be accepted or
rejected within 45 days of receipt by us.
If we accept your subscription, we will email you a confirmation.
Minimum Purchase Requirements
There is no minimum investment requirement for our 1 Year Maturity
(6.3% Annualized Coupon), 2 Year Maturity (7.0% Annualized Coupon),
3 Year Maturity (7.8% Annualized Coupon), and 5 Year Maturity
(9.0% Annualized Coupon) NOTES.
Simply a micro payment towards a minimum purchase of at least
1 UNIT ($100) of Notes. Any remaining balance on a minimum of
a $100 investment must be completed within 12 months.
Residents of the State of Washington
For investors and potential investors who are residents of the
State of Washington, please send all correspondence, including
any questions or comments, to WashingtonState@HarlemParkPartners.com.
Item 6. USE OF PROCEEDS
Our offering is being made on a self underwritten and direct
public debt offering basis: No minimum amount that must be sold
in order for the offering to proceed. The following table sets forth
the uses of proceeds based on the maximum offering price of $100 par
value offered for sale by the Company resulting gross proceeds
received by the Company in the amount of $360,000. There is no
assurance that we will be able to sell any securities.
Startup Projects
Amount
Percentage
%
Sector
1. Water Boy Global.com
$70,000
19.4%
F&B Services
2. Globe Trotter Retail.com
$80,000
22.2%
Retail/
Drop shipping
3. Black Fisherman.com
$40,000
11.1%
Supply Chain
Logistics/Delivery
4. Social Architects US.com
$ 6,000
1.6%
Investor Platform
5. Ai World San Francisco.com
$15,000
4.2%
Events/
Conferences
6. Black Sheep Ai.Live
$ 6,000
1.6%
Artificial
Intelligence
7. Black Sheep Ai Magazine
$ 6,000
1.6%
Information/
Publishing
8. Bodegas Global.com
$ 6,000
1.6%
Food Retail
9. Mansions N Castles.com
$ 6,000
1.6%
Travel/
Real Estate
10. Afro Hair Pay.com
$30,000
8.3%
Retail Haircare/
Buy Now Pay Later
11. Farm Startups.com
$15,000
4.1%
Food / Supply Chain
Startup Subtotal
$280,000
77.8%
Harlem Park Partners Working Capital
$ 80,000
22.2%
Financial Engineering
Total
$360,000
100.0%
6.1 All of the proceeds have been allocated.
6.2 Approximately $45,000 of the $80,000 in working capital
for Harlem Park Partners will be used to compensate the CEO Ameer Flippin.
6.3 There are no anticipated material changes in the use of
proceeds if all of the securities being qualified on the offering
statement are not sold. The funds will be allocated on a percentage
basis.
Plan of Operations for 12 months
We anticipate that the capital we intend to raise in this offering
will be sufficient to enable us to execute our business plan,
including, but not limited to hiring a few remote outside sales
people for the Globetrotter Retail.com brand; promoting sales by
conducting more marketing; executing on the milestones described;
and achieving growth by way of strategic partnerships. We are hoping
to start with retail transactions on platforms such as Alibaba.com,
Ebay.com, etc. to spark retail transactions right away to start
developing a network of sales professionals for an apparel and food
supply chain.
It is the opinion of Company management that the proceeds from this
proposed offering will satisfy the need for liquidity and cash
requirements and put the Company in a position to grow its business
in accordance with its business plan. Please refer to Use of Proceeds
for the planned use of proceeds to be generated from this proposed offering.
Milestone 1: Month 1
Within one month of the closing of the Offering, Harlem Park Partners
plans to take key operational steps to position the company for growth
and execution of its strategic initiatives. First, we intend to finalize
the structuring of all corporate entities in the list of startups. The
investment inter loan agreements will then be executed to capitalize each
startup corporate entity.
We will begin with retail focused strategy of developing the Waterboy
Global.com and Globetrotter Retail.com and will lead the way by generating
revenues for the startups where markup generates a profit. The
Blackfisherman.com brand will be integrated for grocery deliveries
allowing us to plan for further growth based on the changes happening
in the market and sector.
Milestone 2: Month 2 to Month 6
Within two to six months following the closing of this offering, Harlem
Park Partners anticipates achieving several key milestones to advance our
growth strategy and global market expansion. First, we expect to commence
the distribution of basic apparel through outside sales professionals.
As part of our long term strategy, we will continue evaluating opportunities
and retail market for future fundraising in separate startup corporate
entities. Our core algorithm revolves around creating collateralized
structured finance transactions where Tier 1 Harlem Park Partners, Inc.
leverages and collateralizes assets of tier 2 startups to create some form
of a Collateralized Loan Obligation.
Based on the progress of asset gathering with retail transactions,
further expansion and fundraising for research and Artificial Intelligence
(Ai) focused startups such as Black Sheep Ai.Live, Ai World San Francisco.com,
and the Social Architects US.com will be launched.
Through these strategic initiatives, Harlem Park Partners is committed to
scaling its operations, securing a reliable supply chain, and broadening
its global market reach.
Milestone 3: Month 7 to Month 12
Harlem Park Partners projects that cash flow from operations will commence
immediately and possibly lay the foundation for more levered transactions on
Tier 1 with Harlem Park Partners, Inc. The timeframe could potentially be
expedited as alliances and funding might create early stage opportunities.
Opinion of Issuer on Additional Fundraising
It is believed that Harlem Park Partners, Inc. will accomplish the goals set
for each startup over the next 6 12 months, but there is a great likelihood
that the Board of the Company will accelerate expansion and growth through
more fundraising. However, the initial seed funding of $360,000 being
raised is adequate to attain the goals set for the next 12 months.
6.1 There are no other funds to be used in conjunction with the proceeds.
6.2 No part of the proceeds will be used to discharge indebtedness.
6.3 No material amount of the proceeds will be used to acquire assets,
otherwise than in the ordinary course of business.
6.4 Harlem Park Partners the issuer may reserve the right to change the
use of proceeds, so long as there is an amendment to the reservation is
prominently disclosed in the section where the use of proceeds is discussed.
Item 7. DESCRIPTION OF BUSINESS
Background
Harlem Park Partners, Inc., a Delaware C Corporation was
incorporated on May 25th, 2023, under the laws of the state of
Delaware. The firm is a financial engineering and research company
specializing in securitization of startups, real estate projects,
and financial products. The firm focuses on raising capital internally
through Exempt Debt Securities Offerings and then reinvests the
proceeds in startups. Our firm has spent much of our time since inception
focused on research and assessing market opportunities in different sectors,
during a very tough economic cycle and rapidly changing global environment.
Company Information
Ameer Flippin is the Chairman, CEO, President, Secretary, and Treasurer
of Harlem Park Partners, Inc. Ameer is the only employee of the company.
Our plan for this seed stage of fundraising is to create a portfolio of
startups, during the initial stages of becoming a Venture Capital and
Private Equity Firm. The firm will start with 11 startups and continue
to securitize forthcoming new startups.
Business Description
Harlem Park Partners, Inc., a financial engineering firm, is technically
considered an investment advisory firm raising capital for startups,
new fintech products, and real estate projects. Our long term goals are
to meet the minimum capital requirements to become a hybrid Venture Capital
and Private Equity Firm. Our strategy is to curate a sequenced waterfall
portfolio of startups heavily weighted in retail blended with other sectors.
Presently, the firm has 11 early stage startup projects which need funding.
Our primary flagship projects are Waterboy Global.com, a sidewalk water
and food kiosk business, Globetrotter Retail.com and Travel brand,
Blackfisherman.com, a grocery delivery and shopping mobile app, Social
Architects US.com, a social networking platform for Real Estate Investment
Clubs, Ai World San Francisco.com, an EdTech Symposium & Expo learning
platform on Artificial Intelligence ( Ai ), Black Sheep Ai.Live,
a virtual Artificial Intelligence ( Ai ) Company, Black Sheep Ai Magazine,
a high gloss fashionable magazine highlighting Ai from the perspective
of the consumer, Bodegas Global.com, a global portfolio of small grocery
stores, Mansions N Castles.com, a hybrid luxury timeshare and short term
rentals brand, AfroHairPay.com, a mobile app haircare lending platform
brand in the Buy Now Pay Later Sector (BNPL), and Farm Startups.com, a
portfolio of startup farms.
Harlem Park Partners, Inc. is poised to specialize in the securitization
of small micro cap companies implementing innovative mathematical algorithms
and blending institutional strategies with small retail individual investors.
The firm has operations located at We Work, 650 California Street, 7th Floor,
San Francisco, CA 94108.
Our firm is allocating approximately $280,000 dollars to a portfolio of
startups where the remaining $80,000 dollars will be utilized for internal
working capital for Tier 1 Harlem Park Partners for a total of $360,000 in
DEBT.
Time Frames
Upon a best efforts fundraising strategy, Harlem Park Partners will
initially focus on Direct 2 Consumer retail transactions in order
to find the underlying capital to secure further securities transactions
for continued development of a portfolio of startups. Our firm plans
to mainly focus on the retail related startups initially. We do not
have to implemented all 11 startups right away, but reserve the right
to sequence capital allocation to the startups in an effort to reduce
capital risk.
Ameer Flippin is the only employee. We have no other employees of
the firm.
Harlem Park Partners, Inc. was incorporated as a C Corporation in the
State of Delaware on May 25th, 2023.
In May of 2023, Ameer Flippin was appointed Chief Executive Officer,
Chief Financial Officer, and Director of Harlem Park Partners, Inc.
Ameer Flippin will be compensated at $45,000 per year and has not
been compensated up to this point in time.
In a research driven mathematical algorithm, approximately $280,000
dollars will be utilized to create a credit facility for the new brands.
Approximately $80,000 of the funds will be used on our 1st tier Harlem
Park Partners, Inc. The capital will be distributed to startups for
working capital in a time sequenced and series in order to manage capital
risk. See Use of Proceeds. Denominations. The notes will be issued only in
minimum denominations of $100 and integral multiples of $100 in excess
thereof.
Form of notes. We will issue the notes in electronic form as determined
by Carta.com.
Through these strategic initiatives, Harlem Park Partners is committed
to scaling its operations, securing a reliable supply chain, and broadening
its global market reach.
RISK FACTORS
Investing in the notes involves risk. Before making a decision to
invest in the notes, you should carefully consider the risk associated
with emerging growth startup companies.
The notes are our obligations exclusively and not of any of our tier 2
startup companies.
The notes permit us to incur additional debt, including secured debt.
If we incur any secured debt, our assets will be subject to prior claims
by our secured creditors. In the event of our bankruptcy, liquidation,
reorganization or other winding up, assets that secure debt will be
available to pay obligations on the notes.
This may have the effect of reducing the amount of proceeds paid to you.
If there are not sufficient assets remaining to pay all these creditors,
all or a portion of the notes then outstanding would remain unpaid.
The notes do not contain financial covenants. While the notes contain
terms intended to provide protection to the holders of the notes
upon the occurrence of certain events involving significant corporate
transactions, such terms are limited and may not be sufficient to protect
your investment in the notes. Harlem Park Partners, Inc. is not required to
maintain any financial ratios or specific levels of net worth, revenues,
income, cash flow or liquidity and, accordingly, does not protect
holders of the notes in the event we experience significant distress;
Limit our ability to incur indebtedness that is secured senior to
or equal in right of payment to the notes; Restrict our startup
companies the ability to issue securities or otherwise incur
indebtedness that would be senior to our equity interests in our
startups and therefore rank effectively senior to the notes;
Restrict our ability to repurchase or prepay any other of our securities
or other indebtedness; Restrict our ability to make investments or to
repurchase or pay dividends or make other payments in respect of our Notes
(Debt) or other securities ranking junior to the notes; restrict our ability
to enter into highly leveraged transactions; or require us to repurchase
the notes in the event of a change in control.
As a result of the foregoing, when evaluating the terms of the notes,
you should be aware that the terms of the notes do not restrict our ability
to engage in, or to otherwise be a party to, a variety of corporate
transactions,
circumstances and events that could have an adverse impact on your investment
in the notes. Active trading markets for the notes may not develop. Each
series of the notes is a new issue of securities with no established trading
market. We do not intend to apply for listing of any series of the notes on
any securities exchange. We cannot assure you trading markets for the notes
will develop or of the ability of holders of the notes to sell their notes or
of the prices at which holders may be able to sell their notes.
If no active trading markets develop, you may be unable to resell the notes
at any price or at their fair market value. The market prices of the notes
may be volatile. The market prices of the notes will depend on many factors,
including, but not limited to, the following: Credit ratings on our debt
securities assigned by rating agencies; The time remaining until maturity of
the notes; The prevailing interest rates being paid by other companies
similar to us; our results of operations, financial condition and
prospects; and the
condition of the financial markets.
The condition of the financial markets and prevailing interest rates have
fluctuated in the past and are likely to fluctuate in the future, which
could have an adverse effect on the market prices of the notes.
Rating agencies
continually review the credit ratings they have assigned to companies and
debt securities. Negative changes in the credit ratings assigned to us or
our debt securities could have an adverse effect on the market prices.
Risk Factors of Unavailability of Equity Financing and Revenues
There is uncertainty that either startup revenues or startup equity
financing will be available when needed or in amounts sufficient to satisfy
principal and interest obligations on the notes being issued.
Investment Inter Loan Agreement Exhibit 5.
The material terms of the Investment Inter Loan Agreement including the
rights and obligations of the parties, term and termination provisions
and payment terms. This form of loan agreement will be used for all 11
startups. Harlem Park Partners reserves the right to change the terms
of the agreement.
Employees
The research firm has no other employees. Ameer Flippin is our Chief
Executive Officer, President, Secretary and Treasurer. In the past,
Ameer Flippin has worked part time as a Teaching Assistant (TA) with
a staffing firm in the San Francisco, California Bay Area.
Ameer Flippin has extensive experience in securities across a range
of roles and organizations. After graduating from college with B.S. in
Mathematics, Ameer Flippin started his career at Morgan Stanley,
Japan, in Tokyo, where he spent a year as a financial analyst
supporting proprietary derivatives traders on the government backed
bonds trading desk.
Ameer then transitioned back to the USA to a role as a stockbroker
and financial advisor at Prudential Securities in Memphis, Tennessee
from 1995 to 1998, managing a book of small individual investor clients
with assets ranging from approximately $500,000 to $1 million.
Subsequently, Ameer worked as an independent investment advisor with
Apex Advisors Securities America, Inc. from 1998 to 2001, continuing
with the same book of business, while clearing trades through the
broker dealer,
Securities America, Inc. During the period from 2002 to 2007,
Ameer Flippin focused on publishing a stock picking newsletter
through Apextechstocks.com.
More recently, Ameer founded and served as the sole shareholder and
CEO of Urban Public Finance, Inc., a Delaware C corporation,
from 2018 to 2023. Urban Public Finance, Inc. is being dissolved.
Ameer concurrently worked a side job as a sidewalk vending
Waterboy on the National Mall, while dedicating the majority
of his time to proprietary securities research at the Library of
Congress in Washington, DC. In 2023, Ameer continued as an
investment advisor under a new Delaware C Corporation Charter
establishing Harlem Park Partners, Inc. with a focus on raising
capital for startups via Exempt Securities Offerings.
Disclosure of Initial Employee Ownership Structure
None of these target entities have commenced operations.
Harlem Park Partners, Inc. will initially control 100% of each
startup entity and own more than 51% where the CEO Ameer Flippin
currently owns approx. 66% of the equity of Harlem Park
Partners, Inc. (remainder approx. 34% in Co. Treasury) and
controls the company 100%.
These soon to be formed corporate entities are all being formed
by the Corporate entity, Harlem Park Partners, Inc., and
will not initially be startup corporate entities owned by any
third party not associated with Harlem Park Partners, Inc.
Ameer Flippin, the Interim CEO for 2nd Tier startups could
possibly own shares going forward.
Currently, Ameer Flippin has the flexibility to work on our
business up to 40 hours per week, but is prepared to devote
more time if necessary pending a successful seed round of funding.
We do not presently have pension, health, annuity, insurance,
stock options, profit sharing, or similar benefit plans; However,
we may adopt plans in the future. There are presently no personal
benefits available to our officer and director.
Item 8. DESCRIPTION OF PROPERTY
Office Space
We utilize shared office space at We Work located at 650 California
Street, 7th Floor, San Francisco, California 94108.
Item 9. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS
An investor should read the following discussion and analysis with
an understanding that Harlem Park Partners, Inc. is an emerging
startup company raising initial seed capital of $360,000 with no
historical track record or financials since inception. Some of the
information contained in this discussion and analysis or set forth
elsewhere in this Offering Circular, including information with
respect to our plans and strategy for our business and related
financing, includes forward looking statements that reflect our
current views with respect to future events and financial performance,
which involve risks and uncertainties. Forward looking statements
are often identified by words like: believe, expect, estimate,
anticipate, intend, project and similar expressions, or words that,
by their nature, refer to future events. You should not place undue
certainty on these forward looking statements, which apply only as of
the date of this Circular. These forward looking statements are subject
to certain risks and uncertainties that could cause actual results to
differ materially from historical results or our predictions.
You should review the Risk Factors section on page 20 of this
Circular for a discussion of important factors that could cause
actual results to differ materially from the results described in
or implied by the forward looking statements contained in the
following discussion and analysis.
9(a). Description of Financial Condition
The Company is a financial engineering company focused on research
hoping to grow to become a hybrid Venture and Private Equity Firm
focusing on structured finance transactions to help fund startups.
The financial condition of the Company reflects its ongoing
fundraising efforts for a portfolio of startups.
The Company has not generated revenues up to this point in financial
engineering. The Company continues to face financial uncertainty and
is financing its operations through outside funds of the CEO Ameer Flippin.
The Company acknowledges that it cannot predict if or when it will
become profitable, given the costs associated with product
commercialization and regulatory approvals. Over the past two
years, the Company has been waiting for the global economic
environment post Covid 19 to improve.
Risk Factors of Principal and Interest Payments
Investors should note that approximately $80,000 (22.2%) of the
$360,000 in capital being raised has been allocated for working
capital for Harlem Park Partners, Inc. on Tier 1 where a maximum
of $34,200 is allocated for annual interest payments on the 1 Year,
2 Year, 3 Year, and 5 Year Notes due after the first year.
Approximately, 70 to 90% of funds raised will have maturities
of 3 Years and 5 Years which will allow sufficient time for further
fundraising, during the 1st, 2nd, and 3rd years.
Additionally, tier 2 startup corporate entity equity fundraising is
anticipated where the funds raised will be assets of Harlem Park Partners,
Inc., the Tier 1 corporate entity, and can be used for annual principal
and interest payments on the $360,000 seed round of the Notes.
Harlem Park Partners, Inc. anticipates selling a minimum of $360,000
to $500,000 in tier 2 startup equity to cover any principal payments
that might become due for 1 Year, 2 Year, 3 Year, and 5 Year Notes.
Risk Factors of Unavailability of Equity Financing and Revenues
There is uncertainty that either startup revenues or startup equity
financing will be available when needed or in amounts sufficient
to satisfy principal and interest obligations on the notes being issued
Disclosure of Fundraising Structure
The $360,000 in 1 Year, 2 Year, 3 Year, and 5 Year Notes will be
structured with laddered maturities where approximately 70 to 90%
($252,000 to $324,000) of the $360,000 in Notes will have 3 Year
and 5 Year Maturities. Given such a maturity structure, 70 to 90%
of the Principal of the $360,000 Notes will be due at the
earliest in 3 Years.
Disclosure of Initial Ownership Structure
None of these target entities have commenced operations. Harlem Park
Partners, Inc. will initially control 100% of each startup entity and
own more than 51% where the CEO Ameer Flippin currently owns
approx. 66% of the equity of Harlem Park Partners, Inc.
(remainder approx. 34% in Co. Treasury) and controls the
company 100%.
These soon to be formed corporate entities are all being formed
by the Corporate entity, Harlem Park Partners, Inc., and will not
initially be startup corporate entities owned by any third party
not associated with Harlem Park Partners, Inc. Ameer Flippin,
the Interim CEO for 2nd Tier startups could possibly own shares
going forward.
The businesses may not be able to generate revenues as they
begin operation, which may make it more difficult for the Company
to pay the interest due on the notes.
Results of Operations
The Company has not yet generated revenue.
Factors Affecting Income
The Company has not yet begun to generate revenue.
Material Changes in Sales or Revenues
There have not been changes in revenue because the Company
has not yet begun to generate revenue.
Liquidity and Company Resources
9(b). Current Liquidity
The Company faces short term liquidity challenges and long
term funding uncertainties, with a heavy reliance on external
financing sources to sustain operations. Below is an overview
of the Company s liquidity position, funding sources, and
strategic measures taken to address deficiencies.
Operational Revenues
The company has not yet begun to generate revenue.
Plan of Operations
We anticipate that the capital we intend to raise in this
offering will be sufficient to enable us to execute our business
plan, including, but not limited to hiring a few remote outside
sales people for the Globetrotter Retail.com brand; promoting
sales by conducting more marketing; executing on the milestones
described in this Offering Circular. We are hoping to start with
retail transactions on platforms such as Alibaba.com, Ebay.com,
etc. to spark retail transactions right away to start developing
a network of sales professionals for an apparel and food supply chain.
It is the opinion of Company management that the proceeds from
this proposed offering will satisfy the need for liquidity and
cash requirements and put the Company in a position to grow its
business in accordance with its business plan. Please refer to
Use of Proceeds for the planned use of proceeds to be generated
from this proposed offering.
Milestone 1: Month 1
Harlem Park Partners plans to take key operational steps to
position the company for growth and execution of its strategic
initiatives. First, we intend to finalize the structuring of
all corporate entities in the list of startups. The investment
inter loan agreements will then be executed to capitalize each
startup corporate entity.
We will begin with a retail focused strategy of developing
the Waterboy Global.com and Globetrotter Retail.com will lead
the way in hopes of generating revenues for the portfolio of
startups where markup generates a profit. The Blackfisherman.com
brand will be integrated for grocery deliveries allowing us to
plan for further growth based on the changes happening in the
market and different sector.
Milestone 2: Month 2 to Month 6
Harlem Park Partners anticipates achieving several key milestones
to advance our growth strategy and global market expansion.
First, we expect to commence the distribution of basic
apparel through outside sales professionals.
As part of our long term strategy, we will continue
evaluating opportunities and retail markets for future
fundraising in different startup corporate entities. Our
core algorithm revolves around creating collateralized
structured finance transactions where Tier 1 Harlem Park
Partners, Inc. leverages and collateralizes assets of tier 2
startups to create some form of a Collateralized Loan
Obligation (CLO).
Based on the progress of asset gathering with retail transactions,
further expansion and fundraising for research and artificial
intelligence focused startups such as Black Sheep Ai.Live,
Ai World San Francisco.com, and the Social Architects US.com
will gain more traction.
Through these strategic initiatives, Harlem Park Partners is
committed to scaling its operations, securing a reliable
supply chain, and broadening its global market reach.
Milestone 3: Month 7 to Month 12
Harlem Park Partners projects that cash flow from operations
will commence immediately and possibly lay the foundation for
more levered transactions on Tier 1 with Harlem Park Partners,
Inc. The timeframe could potentially be expedited as alliances
and more funding might create early stage opportunities.
These projections underscore the significant market opportunity
and the scalability of our business model.
Item 10. DIRECTORS, EXECUTIVE OFFICERS AND SIGNIFICANT OTHERS
Item 10(a). Directors, Executive Officers and Significant
Others
Name
Position
Age
Term of Office
Approximate
Hours per week
Ameer Flippin
CEO & President
55
May 23rd, 2023
Present
40
10(b). Ameer Flippin is the only Director and has no
family relationships with anyone else involved with the
company.
10(c) We have no other employees. Ameer Flippin is our Chief
Executive Officer, President, Secretary and Treasurer. In the
past, Ameer Flippin has worked part time as a Teaching Assistant
(TA) with a staffing firm in the San Francisco, California Bay
area. In terms of experience in financial services, Ameer started
out of college with a
B.S. in Mathematics as a financial analyst on a derivatives
government bond trading desk for a major Wall Street firm in
Tokyo, Japan supporting traders. Additionally, Ameer spent
approximately 6 years as a stockbroker for a Wall Street Firm
and ultimately transitioned independently as an Investment Advisor.
Currently, Ameer Flippin has the flexibility to work on our
business up to 40 hours per week, but is prepared to devote more
time if necessary pending a successful seed round of funding.
We do not presently have pension, health, annuity, insurance,
stock options, profit sharing, or similar benefit plans; However,
we may adopt plans in the future. There are presently no personal
benefits available to our officer and director.
10(d). The Officers of the corporation have not been involved in
any federal bankruptcy proceedings. Additionally, Ameer Flippin
has not been convicted of any criminal offenses.
No petition under the federal bankruptcy laws or any state
insolvency law was filed by or against, or a receiver, fiscal
agent or similar officer was appointed by a court for the
business or property of such person, or any partnership in
which he was general partner at or within two years before the
time of such filing, or any corporation or business association
of which he was an executive officer at or within two years
before the time of such filing.
Item 11. COMPENSATION OF DIRECTORS AND EXECUTIVE OFFICERS
Item 11. Compensation of Directors and Executive Officers
for 2024
Name
Capacity in which
Compensation was received
Cash
Other Compensation
Total Compensation
Ameer Flippin
CEO, President
$0
$0
$0
*There is only 1 Director presently.
Future Compensation
Ameer Flippin will be compensated at a rate of
$ 45,000 per year for services as CEO. Ameer Flippin
has not received compensation prior to this offering
Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS
AND MANAGEMENT
The following table sets forth information as to the
shares of common equity beneficially owned as of , 2025
by
(i) each person known to us to be the beneficial owner
of more than 5% of our common equity; (ii) each Director;
(iii) each Executive Officer; and (iv) all of our Directors
and Executive Officers as a group. Unless otherwise indicated
in the footnotes following the table, the persons as to
whom the information is given had sole voting and
investment power over the shares of common equity shown
as beneficially owned by them. Beneficial ownership is
determined in accordance with Rule 13d 3 under the Exchange
Act, which generally means that shares subject to options
currently exercisable or exercisable within 60 days of the
date hereof are considered to be beneficially owned, including
for the purpose of computing the percentage ownership of the
person holding such options, but are not considered outstanding
when computing the percentage ownership of each other person.
The footnotes below indicate the amount of unvested options for
each person in the table. None of these unvested options vest
within 60 days of the date hereof.
Voting Percentage if Percent of Debt Sold
Common Stock
Name of Beneficial
Owner
Address of Natural Owner
Amount of Beneficial
Owner
Class Percentage
100
Sold
75
Sold
50
Sold
25
Sold
All Officers
And Directors
Ameer Flippin
Ameer Flippin
650 California Street
7FL, San Francisco, CA 94108
666,666,666
shares
66.6
100
100
100
100
Based on 1,000,000,000 shares outstanding as of , 2025.
Title of Class
Name and Address of Beneficial Owner
Amount and Nature of Beneficial Ownership
Amount and Nature of Beneficial Ownership
Acquirable
Percent of Class
Common Stock
Ameer Flippin 650 California Street 7 FL, San Francisco, CA
94108
666,666,666
shares
0 Shares
66.6
*Based on 1,000,000,000 shares outstanding as of , 2025.
Item 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
Capital
The sole officer and director, Ameer Flippin, paid expenses
on behalf of the company totaling approximately $4,430 Dollars
during the period up to , 2025. These payments are considered
as invested startup capital to the Company and is not expected
to be repaid in any manner.
Director Independence
Currently, the Company does not have any independent directors.
The company does not plan to list the stock on any exchange
in the near future.
We do not currently have a separately designated audit, nominating
or compensation committee. However, we do intend to comply with
the independent director and committee composition requirements
in the future.
Review, Approval and Ratification of Related Party Transactions
Given our small size and limited financial resources,
we have not adopted formal policies and procedures for
the review, approval or ratification of transactions,
such as those described above, with our Executive
Officer(s), Director(s) and Significant Stockholders.
We intend to establish formal policies and procedures
in the future, once we have sufficient resources and
have appointed additional Directors, so that such transactions
will be subject to the review, approval or ratification
of our Board of Directors, or an appropriate committee
thereof. On a moving forward basis, our Directors will
continue to approve any related party transaction.
Item 14. SECURITIES BEING OFFERED
Up to a Maximum $360,000 in NOTES, at a fixed par value
price of $100 for 3,600 Units of Notes with no minimum
amount to be sold but not to exceed $360,000 in gross proceeds.
A final fixed price will be determined upon qualification
or in a final or supplemental offering circular supplement
at the time of sale of our Debt. Our NOTES will be offered
by us through our director in a direct offering. The offering
will terminate at the earlier of the date at which the maximum
offering amount has been sold or the date at which the offering
is earlier terminated by the Company in its sole discretion.
We will sell the shares at a final fixed price per share to
be determined at time of qualification or in a final or
supplemental offering circular supplement at the time of
sale of our NOTES between the par value price range of
$100 per Note. An investor can subscribe to the offering for
as little as $9 per month to meet the $100 par value price per
NOTE. A small individual investor can break up the $100 into
any denomination of small payments over a 12 month period
following the initial subscription date.
There are 3,600 NOTES being offered at $100 per Note. The
Notes are Callable as early as _______________2026.
We are offering $360,000 of our 1, 2, 3, and 5 Year Senior
Corporate Notes due 2026 (6.3% annualized Coupon), 2027 (7.0%
annualized Coupon), 2028 (7.8% annualized Coupon), and 2030 (9.0%
annualized Coupon) respectively (the Notes). The Notes will bear
annualized interest at rates of 6.3%, 7.0%, 7.8%, and 9.0% respectively
per year, payable semi annually pro rated in arrears on and of
each year, beginning on , 2025.
The Notes will mature on of each year in 2026, 2027, 2028, and
2030, unless earlier redeemed or repurchased.
Disclosure of Fundraising Structure
The $360,000 in 1 Year, 2 Year, 3 Year, and 5 Year Notes will be
structured with laddered maturities where approximately 70 to 90%
($252,000 to $324,000) of the $360,000 in Notes will have 3 Year
and 5 Year Maturities. Given such a maturity structure, 70 to 90%
of the Principal of the $360,000 Notes will be due at the earliest
in 3 Years.
Risk Factors of Unavailability of Equity Financing and Revenues
There is uncertainty that either startup revenues or startup
equity financing will be available when needed or in amounts
sufficient to satisfy principal and interest obligations on
the notes being issued.
Item 15. DIVIDEND POLICY
NO DIVIDENDS are paid. There is no authorized preferred
stock of the Company.
Item 16(a). LEGAL MATTERS
Certain legal matters, including the validity of Debt of
1 Year Maturity (6.3% Annualized Coupon) ,2 Year Maturity
(7.0% Annualized Coupon), 3 Year Maturity (7.8% Annualized Coupon),
and 5 Year Maturity (9.0% Annualized Coupon) NOTES offered hereby,
have not been passed upon for us by legal counsel.
Item 16(b). EXPERTS
There are no financials for this offering upon which
experts have given an opinion.
We have not engaged an independent valuation services firm
and do not intend to do so until such time as we are required
to do so.
Item 17. ADDITIONAL INFORMATION
We have filed with the SEC an offering statement
under the Securities Act on Form 1 A regarding this offering.
This offering circular, which is part of the offering statement,
does not contain all the information set forth in the offering
statement and the exhibits related thereto filed with the SEC,
reference to which is hereby made. Upon the qualification of
the offering statement, we became subject to the informational
reporting requirements that are applicable to Tier 1 companies
whose securities are qualified pursuant to Regulation A, and
accordingly, we will file any required annual reports,
semi annual reports and other information with the SEC.
The SEC maintains a website at www.sec.gov that contains
reports, information statements and other information
regarding issuers that file with the SEC.
The information incorporated by reference herein is an
important part of the offering statement and this
offering circular.
The following documents previously filed with the SEC
are incorporated by reference into the offering statement
and this offering circular:
You may review these filings on our website and may also
request a copy of these filings at no cost, by writing,
emailing or telephoning us at:
Harlem Park Partners, Inc.
Attention: Investor Relations,
650 California Street 7th Floor
San Francisco, California 94108
InvestorRelations@HarlemParkPartners.com
1.240.581.4693
So long as we remain subject to the periodic reporting
requirements of Regulation A, within 120 days after the
end of each fiscal year we will file on the SEC EDGAR
website an annual report on Form 1 K. The annual report
will contain Un audited financial statements and certain
other financial and narrative information that we are
required to provide to stockholders.
We also maintain a website at www.HarlemParkPartners.com,
where there may be additional information about our business,
but the contents of that site are not incorporated by
reference in or otherwise a part of this offering circular.
FINANCIAL STATEMENTS OF Harlem Pak Partners, Inc.
Any required financial statements of the Company can be
found on the portal at HarlemParkPartners.com.
Harlem Park Partners, Inc., a Delaware C Corporation was
incorporated on May 25th, 2023, under the laws of the state
of Delaware. The firm is a financial engineering and research
company specializing in securitization of startups,
real estate projects, and financial products. The firm
focuses on raising capital internally through Exempt Debt
Securities Offerings and then reinvests the proceeds into
startups.
Company Information
Ameer Flippin is the Chairman, CEO, President, Secretary,
and Treasurer of Harlem Park Partners, Inc.
The plan for this seed stage of fundraising is to create
a portfolio of startups, during the initial stages of
meeting the minimum requirements to become a Venture
Capital and Private Equity Firm. The firm will start
with 11 startups and continue to securitize forthcoming
new startups.
Business Description
Harlem Park Partners, Inc., a financial engineering firm,
is technically considered an investment advisory firm
raising capital for startups, new fintech products, and
real estate projects. Our long term goals are to meet the
minimum capital requirements to become a hybrid Venture
Capital and Private Equity Firm. Our strategy is to curate
a sequenced waterfall portfolio of startups heavily
weighted in retail blended with other sectors. Presently,
the firm has 11 early stage startup projects which need
funding.
Our primary flagship projects are Waterboy Global.com,
a sidewalk water and food kiosk business, Globetrotter
Retail.com and Travel brand, Blackfisherman.com, a grocery
delivery and shopping mobile app, Social Architects US.com,
a social networking platform for Real Estate Investment Clubs,
Ai World San Francisco.com, an EdTech Symposium & Expo learning
platform on Artificial Intelligence ( Ai ), Black Sheep Ai.Live,
a virtual Artificial Intelligence ( Ai ) Company, Black Sheep
Ai Magazine, a high gloss fashionable magazine highlighting Ai
from the perspective of the consumer, Bodegas Global.com, a
global portfolio of small grocery stores, Mansions N Castles.com,
a hybrid luxury timeshare and short term rentals brand,
AfroHairPay.com, a mobile app haircare lending platform brand
in the Buy Now Pay Later Sector (BNPL) and Farm Startups.com,
a portfolio of small startup farms.
Harlem Park Partners, Inc. is poised to specialize in the
securitization of small micro cap companies implementing
innovative mathematical algorithms and blending institutional
strategies with small retail individual investors. The firm
has operations located at We Work, 650 California Street, 7th
Floor, San Francisco, CA 94108.
Our firm is allocating approximately $280,000 dollars to a
portfolio of startups where the remaining $80,000 dollars
will be utilized for internal working capital for Tier 1 Harlem
Park Partners for a total of $360,000 in DEBT.
Time Frames
Upon a best efforts fundraising strategy, Harlem Park Partners
will initially focus on Direct 2 Consumer retail transactions
in order to find the underlying capital to secure further securities
transactions for continued development of a portfolio of startups.
Our firm plans to mainly focus on the retail related startups
initially. We do not have to implemented all 11 startups right
away, but reserve the right to sequence capital allocation the
startups in an effort to reduce capital risk.
Plan of Operations
We anticipate that the capital we intend to raise in this offering
will be sufficient to enable us to execute our business plan,
including, but not limited to hiring a few remote outside sales
people for the Globetrotter Retail.com brand; promoting sales by
conducting more marketing; executing on the milestones described
in this Offering Circular; and achieving growth by way of strategic
partnerships. We are hoping to start with retail transactions on
platforms such as Alibaba.com, Ebay.com, etc. to spark retail
transactions right away to start developing a network of sales
professionals for an apparel and food supply chain. It is the opinion
of Company management that the proceeds from this proposed offering
will satisfy the need for liquidity and cash requirements and put the
Company in a position to grow its business in accordance with its
business plan. Please refer to Use of Proceeds, Part II for the
planned use of proceeds to be generated from this proposed offering.
Milestone 1: Month 1
Within one month of the closing of the Offering, Harlem Park
Partners plans to take key operational steps to position the
company for growth and execution of its strategic initiatives.
First, we intend to finalize the structuring of all corporate
entities in the list of startups. The investment inter loan agreements
will then be executed to capitalize each startup corporate entity.
We will begin with retail focused strategy of developing Waterboy
Global.com and Globetrotter Retail.com will lead the way in hopes
of generating revenues for the startups where markup generates a
profit. The Blackfisherman.com brand will be integrated for grocery
deliveries allowing us to plan for further growth based on the changes
happening in the market and sector.
Milestone 2: Month 2 to Month 6
Within two to six months following the closing of this offering,
Harlem Park Partners anticipates achieving several key milestones
to advance our growth strategy and global market expansion.
First, we expect to commence the distribution of basic apparel
through outside sales professionals.
As part of our long term strategy, we will continue evaluating
opportunities and the retail market for future fundraising in
separate startup corporate entities. Our core algorithm
revolves around creating collateralized structured finance
transactions where Tier 1 Harlem Park Partners, Inc.
leverages and collateralizes assets of tier 2 startups to
create some form of a Collateralized Loan Obligation.
Based on the progress of asset gathering with retail
transactions, further expansion and fundraising for research
and artificial intelligence focused startups such as Black Sheep Ai.Live,
Ai World San Francisco.com, and the Social Architects US.com
will be launched.
Through these strategic initiatives, Harlem Park Partners is
committed to scaling its operations, securing a reliable supply chain,
and broadening its global market reach.
Milestone 3: Month 7 to Month 12
Harlem Park Partners projects that cash flow from operations will
commence immediately and possibly lay the foundation for more
levered transactions on Tier 1 with Harlem Park Partners, Inc.
The timeframe could potentially be expedited as alliances and
funding might create early stage opportunities.
These projections underscore the significant market opportunity
and the scalability of our business model.
.
Intellectual Property
We have no intellectual property, patents, patent applications
or trade secrets.
Our Offering
The Company is offering, on a best efforts, self underwritten
basis, a $360,000 Debt (NOTES) Offering of
1, 2, 3, and 5 Year NOTES with annualized Coupons of 6.3%, 7%,
7.8%, and 9% respectively for each year with the Notes being
Callable as early as on , 2026, for a redemption of the Investor s
capital. No shares are being offered during this seed stage of
fundraising. Our Chief Executive Officer, Ameer Flippin will be
selling the 1, 2, 3, and 5 Year NOTES (Debt) in increments of
$100 dollars at a par value of $100 on behalf of the Company.
Disclosure of Fundraising Structure
The $360,000 in 1 Year, 2 Year, 3 Year, and 5 Year Notes will be
structured with laddered maturities where approximately 70 to 90%
($252,000 to $324,000) of the $360,000 in Notes will have 3 Year
and 5 Year Maturities. Given such a maturity structure, 70 to 90%
of the Principal of the $360,000 Notes will be due at the earliest
in 3 Years.
The offering is being conducted on a self underwritten, best efforts
basis, which means our management will attempt to sell the NOTES
being offered hereby on behalf of the Company. There is no
underwriter for this offering. As there is no minimum offering,
upon the approval of any subscription to this Offering Circular,
the Company shall immediately deposit said proceeds into the bank
account of the Company and may dispose of the proceeds in accordance
with the Use of Proceeds.
Completion of this offering is not subject to us raising a minimum
offering amount. We do not have an arrangement to place the proceeds
from this offering in an escrow, trust or similar account. Any
funds raised from the offering will be immediately available to us
for our immediate use. We have provided an estimate below of the gross
proceeds to be received by the Company if 25%, 50%, 75%, and 100
percent of the NOTES (Debt) in the offering are sold at the offering
price of $ 100 par value of the 3600 Units of NOTES resulting in gross
proceeds received by the Company in the amount of $360,000.
Proceeds to Company in Offering
Total
Underwriting
of
Discounts
Approximate
NOTES
Offering
&
Gross
(Debt)
Price (1)
Commissions
Proceeds
Pe r Share
25% of Offering Sold
90,000 $
100 $
0
$ 90,000
50% of Offering sold
180,000 $
100 $
0
$ 180,000
75% of Offering Sold
270,000 $
100 $
0
$ 270,000
(1) Assuming an initial public offering price of $100 par value,
set forth on the cover page of this offering.
Securities being offered by the Company
Not to exceed $360,000 in gross proceeds. A final fixed price
will be determined upon qualification or in a final or
supplemental offering circular supplement at the time of
sale of our Debt. Our NOTES will be offered by us through
our director in a direct offering. The offering will terminate
at the earlier of the date at which the maximum offering amount
has been sold or the date at which the offering is earlier
terminated by the Company in its sole discretion.
Offering par price per Note Up to a Maximum $360,000 in NOTES,
at a fixed par value price of $100 for 3,600 Units of Notes
with no minimum Amount to be sold
We will sell the shares at a final fixed price per share to
be determined at time of qualification or in a final or
supplemental offering circular supplement at the time of
sale of our NOTES between the par value price range of $100
per Note. An investor can subscribe to the offering for as
little as $9 per month to meet the $100 par value price per
. A small individual investor can break up the $100 into any
denomination of small payments over a 12 month period following
the initial subscription date after the offering of Notes.
Number of shares of common stock outstanding
0; Common Shares are not being offered. This is a Debt
Only Offering
Number of shares of preferred stock outstanding after the
offering of Notes
0; Preferred Shares are not being offered. This is a Debt
Only Offering.
The minimum amount for Notes to be sold in this offering
1 unit = $100; None. A Note has a par value of $100 dollars.
However, there is no minimum to subscribe to this Debt Offering.
A small individual investor can break up the $100 into any
denomination of small payments over a 12 month period following
the initial subscription date.
Market for the Debt
There is no liquidity for this DEBT only offering. Any
possible resell of the Notes will have to be redeemed by
the issuer from time to time.
Terms of the Offering
The offering will terminate at the earlier of the date at which
the maximum offering amount has been sold or the date at which
the offering is earlier terminated by the Company in its sole
discretion.
Subscription
Our Chief Executive Officer, Ameer Flippin will sell the NOTES
on behalf of the company, upon qualification of this Offering
Statement, on a BEST EFFORTS basis.
Legal Counsel Fees & Other Costs
We estimate our total offering costs including legal counsel
fees and other costs to be approximately $35,000.
Risk Factors
See Risk Factors on page 20 and the other information in
this offering circular for a discussion of the factors you
should consider before deciding to invest in this DEBT (Notes)
Offering.
Startup Portfolio Descriptions
1. Waterboy Global.com Description
Waterboy Global.com, is a sidewalk kiosk brand offering
bottled water, sodas, and occasional food items to the general
public in high traffic tourist and urban locations. Waterboy
Global has a strategy of connecting with the local communities
by dispatching 1 to 2 man Waterboy operations near high traffic
locations on the sidewalk. Some locations are corporate
locations blended with a local community franchise business
strategy, while others are purely a franchise business model.
Some urban locations are securitized separately for the local
community to capitalize on beverage revenue growth and to
build community equity. The commencement of operations has
not started. Any needed licensing has not been approved.
Approximately $70,000 is being allocated from the $360,000
offering as seed capital in the form of debt for the launch
of Waterboy Global.com. The project will be incorporated in
the state of Delaware where
must be allocated and raised for continued development.
The newly formed corporation will be a 100 percent wholly
owned portfolio asset of Harlem Park Partners, Inc. on
tier 2 where Ameer Flippin will act as Interim CEO. The
form of the general investment inter loan agreement is
attached as Exhibit 5.
2. Globetrotter Retail.com and Travel Description
Globetrotter Retail.com is a Direct to Consumer global retail
brand with a supply chain network of small online retailers
leveraging a global salesforce. The startup will start and
use a flexible drop shipping business model, while
integrating premium apparel sidewalk sample sales, globally.
Retailers and Travel Consultants are able to offer airline
tickets and vacation deals, globally, through a large
network of individuals and travel companies. The
commencement of operations has not started. Any needed
licensing has not been approved.
Approximately $80,000 is being allocated from the $360,000
offering as seed capital in the form of debt for the
launch of Globetrotter Retail.com. The project will be
incorporated in the state of Delaware where further capital
must be allocated and raised for continued development.
The newly formed corporation will be a 100 percent wholly
owned portfolio asset of Harlem Park Partners, Inc. on
tier 2 where Ameer Flippin will act as Interim CEO. The
form of the general investment inter loan agreement is
attached as Exhibit 5.
3. Blackfisherman.com Description
Blackfisherman.com is a grocery delivery and shopping mobile
app brand. We deliver. The brand is more focused on the
logistics and supply chain side of delivery for retail brands
and direct to consumer transactions. The logistics brand will
be fully integrated as an alliance company to the other
portfolio startup companies. The commencement of operations
has not started. Any needed licensing has not been approved.
Approximately $40,000 is being allocated from the $360,000
offering as seed capital in the form of debt for the launch
of Blackfisherman.com. The project will be incorporated in
the state of Delaware where further capital must be allocated
and raised for continued development. The newly formed
corporation will be a 100 percent wholly owned portfolio
asset of Harlem Park Partners, Inc. on tier 2 where Ameer
Flippin will act as Interim CEO. The form of the general
investment inter loan agreement is attached as Exhibit 5.
4. Social Architects US.com Description
Social Architects US.com is a platform for the formation of
real estate investment clubs. The online platform will act
as a social network for investment clubs to help with the
development of real estate investment clubs for small
individual investors where on the 1st tier Harlem Park Partners
has the ability to possibly structure funding for real estate
projects. The commencement of operations has not started. Any
needed licensing has not been approved.
Approximately $6,000 is being allocated from the $360,000
offering as seed capital in the form of debt for the launch
of Social Architects US.com. The project will be incorporated
in the state of Delaware where further capital must be
allocated and raised for continued development. The newly
formed corporation will be a 100 percent wholly owned portfolio
asset of Harlem Park Partners, Inc. on tier 2 where Ameer
Flippin will act as Interim CEO. The form of the general
investment inter loan agreement is attached as Exhibit 5.
5. Ai World San Francisco.com Description
Ai World San Francisco.com, an EdTech Symposium & Expo
learning platform on Artificial Intelligence (Ai), is being
developed as a result of the explosive changes happening in
sectors of the economy around the world related to Ai. The beta
testing symposium model will be scaled globally, while maintaining
a small symposium 5to 50 person setting. The commencement of
operations has not started. Any needed licensing has not been
approved.
Approximately $15,000 is being allocated from the $360,000
offering as seed capital in the form of debt for the launch
of Ai World San Francisco.com. The project will be
incorporated in the state of Delaware where further capital
must be allocated and raised for continued development.
The newly formed corporation will be a 100 percent wholly
owned portfolio asset of Harlem Park Partners, Inc. on tier 2
where Ameer Flippin will act as Interim CEO. The form of the
general investment inter loan agreement is attached as an
Exhibit 5.
6. Black Sheep Ai.Live Description
Black Sheep Ai.Live is an emerging technology startup project
leveraging the discoveries in Artificial Intelligence (Ai)
to help companies increase workflow and productivity. The
company will help alliance portfolio companies fully integrate
the rapid changes happening in Ai. Additionally, the company
will offer Ai products to businesses and consumers. The company
will have a platform where projects are being built in an open
source environment allowing software engineers to build upon
the new technology stack. The commencement of operations has
not started. Any needed licensing has not been approved.
Approximately $6,000 is being allocated from the $360,000
offering as seed capital in the form of debt for the launch
of Black Sheep Ai.Live. The project will be incorporated
in the state of Delaware where further capital must be
allocated and raised for continued development. The
newly formed corporation will be wholly owned portfolio
asset of Harlem Park Partners, Inc. on tier 2 where Ameer
Flippin will act as Interim CEO. The form of the general
investment inter loan agreement is attached as Exhibit 5.
7. Black Sheep Ai Magazine Description
Black Sheep Ai Magazine is a high gloss fashionable
magazine highlighting Ai from the perspective of the
consumer. The commencement of operations has not started.
Any needed licensing has not been approved.
Approximately $6,000 is being allocated from the $360,000
offering as seed capital in the form of debt for the
launch of Black Sheep Ai Magazine. The project will be
incorporated in the state of Delaware where further capital
must be allocated and raised for continued development.
The newly formed corporation will be wholly owned portfolio
asset of Harlem Park Partners, Inc. on tier 2 where
Ameer Flippin will act as Interim CEO. The form of the
general investment inter loan agreement is attached as
Exhibit 5.
8. Bodegas Global.com Description
Bodegas Global.com is a startup brand to help build
out a global portfolio of small grocery stores. The
startup strategy is to fractionalize the securitization
process to allow small local community individual
investors to participate as equity shareholders with
institutional investors in the local food retail supply
chain. The commencement of operations has not started.
Any needed licensing has not been approved.
Approximately $6,000 is being allocated from the $360,000
offering as seed capital in the form of debt for the
launch of Bodegas Global.com. The project will be
incorporated in the state of Delaware where further
capital must be allocated and raised for continued development.
The newly formed corporation will be wholly owned portfolio
asset of Harlem Park Partners, Inc. on tier 2 where Ameer
Flippin will act as Interim CEO. The form of the general
investment inter loan agreement is attached as Exhibit 5.
9. Mansions N Castles.com Description
Mansions N Castles.com is a hybrid luxury timeshare and short
term rentals brand. The idea is to fractionalize the ownership
of Timeshares, while integrating and leveraging the traditional
concept of short term rentals. The commencement of operations has
not started. Any needed licensing has not been approved.
Approximately $6,000 is being allocated from the $360,000
offering as seed capital in the form of debt for the launch
of Mansions N Castles.com. The project will be incorporated
in the state of Delaware where further capital must be
allocated and raised for continued development. The newly
formed corporation will be a 100 percent wholly owned portfolio
asset of Harlem Park Partners, Inc. on tier 2 where Ameer Flippin
will act as Interim CEO. The form of the general investment
inter loan agreement is attached as Exhibit 5.
10. Afro Hair Pay.com Description
Afro Hair Pay.com is a mobile app haircare lending platform
brand in the Buy Now Pay Later (BNPL) Sector. The commencement
of operations has not started. Any needed licensing has not
been approved.
Approximately $30,000 is being allocated from the $360,000
offering as seed capital in the form of debt for the launch
of Afro Hair Pay.com. The project will be incorporated in the
state of Delaware where further capital must be allocated and
raised for continued development. The newly formed corporation
will be a 100 percent wholly owned portfolio asset of Harlem Park
Partners, Inc. on tier 2 where Ameer Flippin will act as Interim CEO.
The form of the general investment inter loan agreement is
attached as Exhibit 5.
11. Farm Startups.com Description
Farm Startups.com is a portfolio of small farms starting in
the Blackbelt region of Alabama and other states. The farms
will be fully integrated in to a newly developing food supply
chain associated with other related brands. The commencement
of operations has not started. Any needed licensing has not
been approved.
Approximately $15,000 is being allocated from the $360,000
offering as seed capital in the form of debt for the launch
of Farm Startups.com. The project will be incorporated in the
state of Delaware where further capital must be allocated and
raised for continued development. The newly formed corporation
will be a 100 percent wholly owned portfolio asset of Harlem Park
Partners, Inc. on tier 2 where Ameer Flippin will act as Interim CEO.
The form of the general investment inter loan agreement is
attached as Exhibit 5.
Startup Projects
Amount
Percentage
%
Sector
1. Water Boy Global.com
$70,000
19.4%
F&B Services
2. Globe Trotter Retail.com
$80,000
22.2%
Retail/
Drop shipping
3. Black Fisherman.com
$40,000
11.1%
Supply Chain
Logistics/Delivery
4. Social Architects US.com
$ 6,000
1.6%
Investor Platform
5. Ai World San Francisco.com
$15,000
4.2%
Events/
Conferences
6. Black Sheep Ai.Live
$ 6,000
1.6%
Artificial
Intelligence
7. Black Sheep Ai Magazine
$ 6,000
1.6%
Information/
Publishing
8. Bodegas Global.com
$ 6,000
1.6%
Food Retail
9. Mansions N Castles.com
$ 6,000
1.6%
Travel/
Real Estate
10. Afro Hair Pay.com
$30,000
8.3%
Retail Haircare/
Buy Now Pay Later
11. Farm Startups.com
$15,000
4.1%
Food / Supply Chain
Startup Subtotal
$280,000
77.8%
Harlem Park Partners Working Capital
$ 80,000
22.2%
Financial Engineering
Total
$360,000
100.0%
You should rely only upon the information contained
in this offering circular. We have not authorized
anyone to provide you with information different from
that which is contained in this offering circular.
We are offering to sell NOTES (Debt) and seeking
offers
on NOTES only in jurisdictions where
offers and sales
are permitted.
SUMMARY OF OUR FINANCIAL INFORMATION
The following table sets forth selected financial
information, which should be read in conjunction with
the information set forth in the Discussion and Analysis
of Financial Position and Results of Operations section
and the accompanying financial statements and related notes
included elsewhere in this offering circular.
The tables and information below are derived from the required
information for financial statements for emerging growth
companies under Regulation 1 A filing requirements with
the SEC as of , 2025 respectively.
Dec. 31st, Dec. 31st, 2024 2023
TOTAL ASSETS
$ $
LIABILITIES AND STOCKHOLDERS DEFICIT
CURRENT LIABILITIES $ 0
$
TOTAL LIABILITIES $ 0 $
Stockholders' Equity (Deficit)
Additional paid in capital
Accumulated deficit
Total Stockholders' Equity (Deficit)
TOTAL LIABILITIES & STOCKHOLDERS EQUITY (DEFICIT)
$ $
Harlem Park Partners, Inc.
Statement of Operations
(Un audited)
Dec. 31st,
Dec. 31st,
2024
2023
Operating expenses $(1,430) $ 0
General and administrative expenses
$ (1,500)
$(1,500)
Total Operating Expenses
$ ( 2,930)
$(1,500)
Net loss $ (2,930) $(1,500)
Basic and Diluted net loss per common share
$ (0.0)
$ (0.0)
Weighted average number of common shares outstanding Basic and Diluted
1,000,000,000
The Company is electing to not opt out of JOBS Act extended accounting
transition period. This may make its financial statements more difficult
to compare to other companies.
Pursuant to the JOBS Act of 2012, as an emerging growth company the Company
can elect to opt out of the extended transition period for any
new or revised
accounting standards that may be issued by the PCAOB or the SEC. The Company
has elected not to opt out of such extended transition period, which means
that when a standard is issued or revised and it has different
application dates for public or private companies, the Company,
as an emerging growth company, can adopt the standard for the
private company. This may make comparison of the financial statements
with any other public company which is not either an emerging
growth company nor an emerging growth company which has opted
out of using the extended transition period difficult or
impossible as possible different or revised standards may
be used.
Emerging Growth Company
The recently enacted JOBS Act is intended to reduce the
regulatory burden on emerging growth companies. The Company
meets the definition of an emerging growth company and so long
as it qualifies as an emerging growth company, it will, among
other things:
be temporarily exempted from the internal control audit requirements
Section 404(b) of the Sarbanes Oxley Act;
be temporarily exempted from various existing and forthcoming
executive compensation related disclosures, for example: say on pay,
pay for performance, and CEO pay ratio;
be temporarily exempted from any rules that might be adopted by
the Public Company Accounting Oversight Board requiring mandatory
audit firm rotation or supplemental auditor discussion and
analysis reporting;
be temporarily exempted from having to solicit advisory say on pay,
say on frequency and say on golden parachute shareholder votes on
executive compensation under Section 14A of the Securities Exchange
Act of 1934, as amended;
be permitted to comply with the SEC's detailed executive compensation
disclosure requirements on the same basis as a smaller reporting
company; and,
be permitted to adopt any new or revised accounting standards
using the same timeframe as private companies (if the standard
applies to private companies).
Our company will continue to be an emerging growth company until
the earliest of:
the last day of the fiscal year during which we have annual total
gross revenues of or more;
the last day of the fiscal year following the fifth anniversary
of the first sale of our debt securities in an offering registered
under the Securities Act;
the date on which we issue more than in non convertible debt
securities during a previous three year period; or the date on
which we become a large accelerated filer, which generally is
a company with a public float of at least $700 million (Exchange
Act Rule 12b 2).
ITEM 18. FINANCIAL STATEMENTS AND EXHIBITS. HARLEM PARK PARTNERS,
INC. INDEX TO FINANCIAL STATEMENTS
Page
F 1
Opinion on the Financial Statements:
As of December 31st, 2024, Harlem Park Partners, Inc. has only
had minor office expenses of approximately $4,430 dollars. No revenues
have been generated up to March 1st, 2025. Therefore, the firm is a
Tier I, Un Audited Company in this matter.
As of March 1st, 2025, no Public Accounting Firm has reviewed the
financials of Harlem Park Partners, Inc. There is a Substantial Doubt
about the Company s Ability to Continue as a Going Concern.
The accompanying financial statements have been prepared assuming that
the Company will continue as a going concern. As discussed in Note 3
to the financial statements, the Company has suffered recurring losses
from operations and has an accumulated deficit. In addition, the
Company continues to experience negative cash flows from operations.
These factors raise substantial doubt about the Company s ability to
continue as a going concern. Management's plans in regard to these
matters are also described in Note 3. The financial statements do not
include any adjustments that might result from the outcome of this
uncertainty.
F 2
Harlem Park Partners, Inc.
Balance Sheet
Dec. 31st,
2024
Dec. 31st,
2023
TOTAL Assets
$ 0
$ 0
LIABILITIES AND STOCKHOLDERS DEFICIT
CURRENT LIABILITIES
$ ( 2,930)
$ (1,500)
Loan to Company related party $ 0
$ 0
TOTAL LIABILITIES
$ (4,430)
$ (1,500)
Stockholders' Equity (Deficit)
Preferred stock
$ 0
$ 0
Common stock
$ 1,500
Additional paid in capital (Drawdown)
$ 2,930
$ 1,500
Accumulated deficit
Total Stockholders' Equity (Deficit)
$ 4,430
$ 1,500
TOTAL LIABILITIES & STOCKHOLDERS EQUITY (DEFICIT)
$ 0
$ 0
F 3
Harlem Park Partners, Inc.
Statement of Operations
(Un audited)
Dec. 31st,
Dec. 31st,
2024
2023
Operating expenses $(1,430) $ (1,500)
General and administrative expenses
$ (1,500)
$ 0
Total Operating Expenses
$ (2,930)
$ (1,500)
Net loss $ (2,930) $(1,500)
Basic and Diluted net loss per common share
$ (0.0)
$ (0.0)
Weighted average number of common shares outstanding Basic and Diluted
1,000,000,000
The accompanying notes are an integral part of these
Un audited financial statements.
F 4
Harlem Park Partners, Inc.
Statement of Changes is Stockholder
For the years ending December 31st of 2024 & 2023
Common Shares
Par Value Additional Paid Accumulated Common Shares
in Capital Deficit Total
Balances, December 31st, 2023 $ 0 $
$ 1,500
$
$ 1,500
Common shares issued after reorganization 0 Drawdown Contribution
0
Net loss
(1,500)
Balances
$
$ 1,500
$
$ 1,500
Net loss
(2,930)
($2,930)
Balances, December 31st, 2024
$
$ 4,430
$ $ (4,430)
F 5
Harlem Park Partners, Inc.
Statement of Cash Flows
for the Year ending 2024
December 31st, 2024
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss
$
(2,930)
Adjustment to reconcile net loss to net cash used in operating activities:
Changes in current assets and liabilities:
Accrued expenses
Net cash used in operating activities
CASH FLOWS FROM FINANCING ACTIVITIES
Loan to company related party $
Net cash provided by financing activities
Net change in cash $
Beginning cash balance
Ending cash balance
$
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid $
Income taxes paid $
The accompanying notes are an integral part of
these Un audited financial statements.
F 6
Harlem Park Partners, Inc.
Notes to the Un Audited Financial Statements
Note 1: Summary of Significant Accounting Policies
Basis of Presentation
This summary of significant accounting policies is
presented to assist in understanding the Company s
financial statements. These accounting policies conform
to accounting principles, generally accepted in the United States
of America, and have been consistently applied in the preparation
of the financial statements.
Use of Estimates
The preparation of financial statements in conformity with generally
accepted accounting principles requires management to make estimates
and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities
at the date of the financial statements and the reported amounts
of revenues and expenses during the reporting period. In the
opinion of management, all adjustments necessary in order to
make the financial statements not misleading have been included.
Actual results could differ from those estimates.
F 7
Cash and Cash Equivalents
The Company considers all highly liquid investments with an
original maturity of three months or less when purchased to be
cash equivalents. Cash and cash equivalents at March 1st, 2025
were $0.
Income Taxes
The Company accounts for income taxes under ASC 740, Income
Taxes. Under the asset and liability method of ASC 740, deferred
tax assets and liabilities are recognized for the future tax
consequences attributable to differences between the financial statements
carrying amounts of existing assets and liabilities and their respective tax
bases. Deferred tax assets and liabilities are measured using
enacted tax rates expected to apply to taxable income in the years
in which those temporary differences are expected to be recovered or
settled.
The effect on deferred tax assets and liabilities of a change in tax rates
is recognized in income in the period the enactment occurs. A valuation
allowance is provided for certain deferred tax assets if it is more likely
than not that the Company will not realize tax assets through future
operations. No deferred tax assets or liabilities were recognized as of
December 1st, 2025.
Basic Earnings (Loss) Per Share
The Company computes basic and diluted earnings (loss) per share in
accordance with ASC Topic 260, Earnings per Share. Basic earnings (loss)
per share is computed by dividing net income (loss) by the weighted average
number of common shares outstanding during the reporting period. Diluted
earnings (loss) per share reflects the potential dilution that could occur
if stock options and other commitments to issue common stock were exercised
or equity awards vest resulting in the issuance of common stock that could
share in the earnings of the Company.
The Company does not have any potentially dilutive instruments as of
March 1st, 2025 and, thus, anti dilution issues are not applicable.
F 8
The Company had no stock based compensation plans as of December 31st, 2024
and.
The Company s stock based compensation for the periods ended
31st, 2024 and was $0 for both periods.
F 9
Recently Issued Accounting Pronouncements
We have no assets and or leases and do not believe we
will be impacted in the foreseeable future by the newly
adopted accounting standard(s) mentioned above.
Note 3 Going Concern
The Company s financial statements are prepared in accordance
with generally accepted accounting principles applicable to a
going concern that contemplates the realization of assets and
liquidation of liabilities in the normal course of business.
The Company demonstrates adverse conditions that raise
substantial doubt about the Company s ability to continue
as a going concern for one year following the issuance of
these financial statements. These adverse conditions are negative
financial trends, specifically operating loss, working capital
deficiency, and other adverse key financial ratios.
The Company has not established any source of revenues to cover
its operating costs. Management plans to fund operating
expenses with related party contributions to capital. There
is no assurance that management s plan will be successful. The
financial statements do not include any adjustments relating to
the recoverability and classification of recorded assets, or the
amounts and classification of liabilities that might be necessary
in the event that the Company cannot continue as a going concern.
Note 4 Income Taxes
Potential benefits of income tax losses are not recognized in the
accounts until realization is more likely than not. In assessing
the realization of deferred tax assets, management considers whether
it is more likely than not that some portion or all of the deferred
tax assets will be realized. The ultimate realization of deferred tax
assets is dependent upon the generation of future taxable income during
the periods in which those temporary differences become deductible. The
Company has adopted ASC 740, Accounting for Income Taxes, as of its
inception. Pursuant to ASC 740 the Company is required to compute tax
asset benefits for non capital losses carried forward. The potential
benefit of the net operating loss has not been recognized in these
financial statements because the Company cannot be assured it is more
likely than not it will utilize the loss carried forward in future years.
F 10
Significant components of the Company s deferred tax assets are as
follows:
Dec.31st, 2024
Deferred tax asset, generated from net operating loss
$ 930
Valuation allowance
$
The reconciliation of the effective income tax rate to
the federal statutory rate is as follows:
)
On December 22, 2017, the Tax Cuts and Jobs Act of
2017 was
signed into law. This legislation reduced the federal corporate
tax rate from the previous 35% to 21%.
Due to the change in ownership provisions of the Tax Reform Act of
1986, net operating loss carry forwards for Federal income tax reporting
purposes are subject to annual limitations. Should a change in ownership
occur, net operating loss carryforwards may be limited as to use in
future years.
Note 6: Shareholder Equity
Preferred Stock: There is no authorized preferred stock of the Company.
Common Stock
The authorized common stock of the Company consists of 1,000,000,000 shares
with a par value of $0.0001. There were 1,000,000,000 shares of common
stock issued and outstanding as of March 1st, 2025.
Note 7: Related Party Transactions
Office Space
We utilize shared office space at We Work
located at 650 California Street,
7th Floor, San Francisco,
California 94108.
Note 8: Subsequent Events
Management has reviewed financial transactions for the
Company subsequent
to the period ended March 1st, 2025 and has found that
there was nothing material to disclose.
F 11
________________________________________________
Balance Sheet (Un audited)
Dec. 31st, 2024
Dec. 31st, 2023
TOTAL Assets
$ 0
$ 0
LIABILITIES AND STOCKHOLDERS DEFICIT
CURRENT LIABILITIES
$ ( 2,930)
$ (1,500)
Loan to Company related party $
$
TOTAL LIABILITIES
$ (4,430)
$ (1,500)
Stockholders' Equity (Deficit)
Preferred stock
$ 0
$0
Common stock
$ 1,500
Additional paid in capital (Drawdown)
$ 2,930
1,500
Accumulated deficit
Total Stockholders' Equity (Deficit)
$ 4,430
$ 1,5000
TOTAL LIABILITIES & STOCKHOLDERS EQUITY (DEFICIT)
$ 0
$ 0
The accompanying notes are an integral part of these Un audited
financial statements.
F 12
Harlem Park Partners, Inc. Statement of Operations (Un audited)
Ended Dec. 31st 2024
Total operating expenses 2,930
Net loss
$ (2,930)
Basic and Diluted net loss per common share
$ (0.000)
Weighted average number of common shares outstanding Basic and
Diluted 1,000,000,000 Common Shares
F 13
III. Index to Exhibits
Exhibit No. Description of Document
1. Subscription Agreement
2. Notes Agreement
3. Bylaws of Company
4. Letter of Good Standing (DE)
5. Investment Inter Loan Agreement
*Exhibits shall be filed separately.
III 1
SIGNATURES
Pursuant to the requirements of Regulation A, the issuer certifies
that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form 1 A and has duly caused this Offering
Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of San Francisco, State of California,
on the day of , 2025.
Harlem Park Partners, Inc.
By: /s/ Ameer Flippin
Ameer Flippin,
Chief Executive Officer, Chief Financial Officer and Chairman
Pursuant to the requirements of Regulation A, this Offering Statement
has been signed by the following persons in the capacities and on the
dates indicated:
/s/ Ameer Flippin_____ Ameer Flippin
/s/ Ameer Flippin Ameer Flippin
Chief Executive Officer (Principal Executive Officer); Chief Financial
Officer (Principal Financial Officer, Principal Accounting Officer)
Sole Director, Chairman
day of , 2025
day of , 2025
III 2
Exhibit 1. Harlem Park Partners, Inc. Subscription Agreement
TO BE FILLED OUT BY SUBSCRIBER:
Full Name Address Home Telephone
Business Telephone Fax Number Email Address
Ladies and Gentlemen:
The undersigned hereby tenders this subscription and applies for the
purchase of Notes as fully set forth and described in the Regulation
A+ Offering Circular dated , 2025, of HARLEM PARK PARTNERS, INC.
(the HARLEM PARK PARTNERS, INC. or Company), a Delaware C Harlem
Park Partners, Inc., upon the terms and conditions set forth below.
The Notes will sometimes be referred to herein as the Securities.
Payment in the amount of a minimum $9.00 micro payment for a Total
Amount $ due for such Notes in 12 months.
The Notes will be held in book entry digital format at Carta.com by
Harlem Park Partners, Inc.
The undersigned understands that the HARLEM PARK PARTNERS, INC.
may reject any subscription for Notes for any reason (regardless
of whether any check relating to such subscription is deposited in
a bank or trust account), and that the HARLEM PARK PARTNERS, INC.
will promptly return the funds delivered herewith, without interest
thereon, in the event this subscription is rejected, without
deduction for expenses. By execution below, the undersigned
acknowledges that the HARLEM PARK PARTNERS, INC. is relying upon
the accuracy and completeness of the representations contained
herein in complying with our obligations under applicable
securities laws.
1. The undersigned acknowledges and represents as follows:
a. The undersigned has received and carefully reviewed,
and is familiar with, the Offering Circular dated as aforesaid
and all material incorporated by reference therein or delivered
therewith, if any (the Offering Circular). In evaluating the
suitability of an investment in the Securities, the undersigned
has not relied upon any representations or other information
(whether oral or written) from Management of the Company, its
officers, directors, or employees or from the HARLEM PARK PARTNERS,
INC. other than as set forth in the Offering Circular.
b. The undersigned has such knowledge and experience
in financial and business matters that he/she/it can
evaluate the merits and risks of the prospective purchase
of the Securities.
c. The undersigned has obtained, to the extent he/she/it
deems necessary, his/her own personal professional advice
with respect to the risks inherent in the investment in the
Securities, and the suitability of the investment in the
Securities considering his/her/its financial condition and
investment needs.
d. The undersigned believes that the investment in the
Securities is suitable for him/her based upon his/her/its
investment objectives and financial needs, and the undersigned
has adequate means of providing for his/her/its current
financial needs and personal contingencies and has no need
for liquidity of investment with respect to the Securities.
e. The undersigned has verified information included in the
Offering Circular and obtained any of the documents described
in the Offering Circular so desired.
f. The undersigned recognizes that the HARLEM PARK PARTNERS,
INC. has a limited operating history, and that the Securities
as an investment involve a high degree of risk including, but
not limited to, the risk of economic losses from operations of
the Company and the risks described under the heading Risk Factors
on page 20 in the Offering Circular.
g. The undersigned realizes that (i) the purchase of the Securities
should be considered by him/her to be a long term investment,
(ii) the purchaser of the Securities must bear the economic risk
of investment for an indefinite period of time because although
the Securities have been registered under applicable securities
laws pursuant to Regulation A+ of the SEC, there is no guarantee
that a public secondary market for the Securities will develop.
The undersigned understands that he/she/it may not be able to liquidate
his/her/its investment in the Securities in the event of an emergency
or pledge any of the Securities as collateral security for loans.
h. The undersigned acknowledges that he/she/it understands the risk
that insufficient capital will be raised in this offering or in any
other attempt to raise financing to fund the project contemplated
hereby, if any, to assist in accomplishing the HARLEM PARK PARTNERS,
INC. s goals and projections (if any); and that there is absolutely
no assurance that (a) the Company will complete this offering of its
Notes (b) the Company will be able to secure adequate funding from
some other source to complete its projects/business plan
; or (c) that HARLEM PARK PARTNERS, INC. will be able to operate
profitably. Further, the undersigned acknowledges that if the HARLEM
PARK PARTNERS, INC. is unable to successfully conclude this offering,
or obtain other financing, the Company (and, therefore, the undersigned)
would suffer a substantial loss which may result in the HARLEM PARK PARTNERS,
INC. not being able to develop and market the HARLEM PARK PARTNERS, INC. s
products.
2. The undersigned represents and warrants that he/she is a bona fide
resident of, and is domiciled in, the State or Country of
, and that the Securities are being purchased by him/her/it in
his/her/its name solely for his/her/its own beneficial interest
and not as nominee for any other person, trust, or organization.
3. The undersigned is informed of the significance to the HARLEM PARK
PARTNERS, INC. of the foregoing representations, and such representations
are made with the intention that the HARLEM PARK PARTNERS, INC. will rely
on the same. The undersigned shall indemnify and hold harmless the HARLEM
PARK PARTNERS, INC. s officers, directors, and agents and the HARLEM PARK
PARTNERS, INC. itself against any losses, claims, damages, or liabilities
to which they, or any of them, may become subject insofar as such losses,
claim, damages, or liabilities (or actions in respect thereof) arise
from any misrepresentation or misstatement of facts or omission to
represent or state facts made by the undersigned to the HARLEM PARK
PARTNERS, INC.
The undersigned, if other than an individual, makes the following
additional representations and warranties.
The undersigned was not organized for the specific purpose of
acquiring the securities.
a. This Subscription Agreement has been duly authorized by all necessary
action on the part of the undersigned, has been duly executed by the
authorized officer or representative of the undersigned, and is a legal,
valid, and binding obligation of the undersigned enforceable in
accordance with its terms.
4. Manner in Which Title to the Securities is to be Held. It is
understood the Securities will be held in book entry form at Carta.com.
The HARLEM PARK PARTNERS, INC. will not have or make a record of how
title is otherwise to be held (such as individual ownership, joint
tenancy or tenants in common).
5. The undersigned, if executing this Subscription Agreement in a
representative or fiduciary capacity, (ii) represents that he or she
has full power and authority to execute and deliver this Subscription
Agreement on behalf of the subscribing individual, partnership, trust,
estate, Harlem Park Partners, Inc., or other entity for whom the
undersigned is executing this Subscription Agreement, and such
individual, partnership, trust, estate, Harlem Park Partners, Inc.,
or other entity has full right and power to perform pursuant to such
Subscription Agreement and become a shareholder of the Company and (ii)
acknowledges that the representations and warranties contained herein
shall be deemed to have been made on behalf of the person or persons
for whom the undersigned is so purchasing.
SIGNATURE PAGE FOR INDIVIDUALS: Dated: , 2025
Signature Signature
(All record holders must sign) Name(s) Typed or Printed Name(s)
Typed or Printed
Address to Which Correspondence Should be directed
Street or P.O. Box City, State or Zip Code
Social Security Number Social Security Number Telephone Number
WHEN COMPLETED AND SIGNED THIS SUBSCRIPTION AGREEMENT SHOULD BE
DELIVERED AS INSTRUCTED BY THE COMPANY.
ACCEPTED: HARLEM PARK PARTNERS, INC.
By Date President
SIGNATURE PAGE FOR ENTITIES: Dated: , 2025
Name of Entity
*Signature with Title Name(s) Typed or Printed
Address to Which Correspondence Should be directed
Street or P.O. Box
City, State and Zip Code Tax Identification Number
Telephone Number
WHEN COMPLETED AND SIGNED THIS SUBSCRIPTION AGREEMENT
SHOULD BE DELIVERED AS INSTRUCTED BY THE COMPANY.
ACCEPTED: HARLEM PARK PARTNERS, INC.
By Date President
Exhibit 2. Amended Form of Notes Harlem Park Partners,
Inc.
Amended to include Semiannual interest payments
Form of Note Harlem Park Partners, Inc.
The Securities represented by the certificate have not
been registered under the Securities Act of 1933, as amended,
nor registered nor qualified under any state securities laws.
Such securities may not be offered for sale, sold, delivered
after sale, transferred, pledged, or hypothecated unless
registered and qualified under applicable federal and state
securities Laws or unless, in the Opinion of counsel,
satisfactory to the company, such registration and
qualification is not required.
Total Investment Amount $ Date:
FOR VALUE RECEIVED, the undersigned, Harlem Park Partners,
Inc., a Delaware C Corporation, (the Company), Promises to
pay to the order of (together with its successors
and assigns, the Investor) the principal sum of ($ ),
together with interest at the rate specified below.
1. Principal and Term. The full term of this Promissory
Note (the Note) shall be the date (the Maturity Date)
( ) months from the date of this Note set forth above (the Term).
Subject to Section 2(c), the Outstanding Principal Balance
(as defined herein) shall be due and payable in full on the
Maturity Date. For clarity, the Company and the Investor agree
that if the Investor purchases Notes on multiple dates, the term
of each Note shall begin on the date of purchase of such Note.
The term Outstanding Principal Balance means, as of any date of
determination, the principal amount of this Note that remains
unpaid.
2. Interest.
(a) Calculation. Interest shall accrue on the Outstanding
Principal Balance at the fixed interest rate of % per annum
until the earliest to occur of the following: (i) the Note is
either prepaid, redeemed or called by the Company, or (ii) the
Maturity Date. Interest shall be computed on the basis of a 360
day year consisting of twelve 30 day months.
(b) Payments. All payments of interest by the Company under this
Note shall accrue during the Term and shall be paid to the Investor
where Interest will accrue from April , 20 and will be
payable semiannually in arrears on October and April of each
year, beginning on October , 20 . Payments will be made by
transfer of funds by the Company to the Investor s Bank Account
via ACH established by the investor.
(c) Prepayment. This Note shall be callable, redeemable, and
prepayable at any time by the Company, in its sole discretion,
at par value plus any accrued but unpaid interest up to, but
not including the day of prepayment. The investor understands
that if Notes are prepaid or called by the Company before the
Notes Maturity Date and the Investor will receive the principal
via ACH payment of Principal.
3. Recourse. Notwithstanding anything to the contrary contained
herein, the principal of and accrued interest on this Note shall
be payable by the Company to the Investor and shall represent a
full and unconditional obligation of the Company, and the Investor
shall have a first priority security interest in all of the assets
of the Company.
4. Events of Default. If any one of the following events shall
occur and be continuing (each, an Event of Default ): (i) the
Company shall fail to pay as and when due in accordance with the
terms hereof any principal on this Note, or premium, if any;
(ii) the Company shall fail to pay as and when due in accordance
with the terms hereof any interest on this Note, and such failure
shall continue for 90 (ninety ) days after the date when such
payment is due and the time for payment has not been extended or
deferred; or (iii) the Company shall cease its business operations,
or file a petition for relief or commence a proceeding under any
bankruptcy, insolvency, reorganization or similar law (or its
governing board shall authorize any such filing or the commencement
of any such proceeding) or have any such petition filed against it,
have any liquidator, administrator, trustee or custodian appointed
with respect to it or any substantial portion of its business or
assets, make a general assignment for the benefit of creditors or
generally admit its inability to pay its debts as they come due;
then in any such event the Investor may, by notice to the Company,
declare the entire Outstanding Principal Balance together with all
interest accrued and unpaid thereon to be immediately due and payable,
whereupon this Note and all such accrued interest shall become and be
immediately due and payable without presentment, demand, protest or
other notice of any kind, all of which are hereby expressly waived by
the Company. Notwithstanding the foregoing, if any event descried in clause
(iii) above shall occur, the entire Outstanding Principal Balance
together with all interest accrued and unpaid thereon shall
automatically become due and payable without presentment, demand,
protest or other notice of any kind, all of which are hereby expressly
waived by the Company.
5. Binding Effect: Assignment. this Note shall be binding upon the
Company and its successors and inure to the benefit of the Investor
and its permitted successors and assigns. The Obligations of the Company
under this Note may not be delegated to or assumed by any other party,
and any such purported delegation or assumption shall be null and void.
6. Miscellaneous;
(a) Payment. Both principal and interest are payable in lawful money of
the United States of America to the Investor by credit to the Investor,
from which the Investor may then collect funds via ACH Transfer.
(b) No Waiver. No delay on the part of the Investor in exercising any
option, power or right hereunder, shall constitute a waiver thereof,
nor shall the Investor be estopped from enforcing the same or any other
provision at any later time or in any other instance.
(c) Governing Law. This Note shall be governed by and construed in
accordance with the internal laws of the State of Delaware, without
giving effect to principles of conflict of laws.
(d) Notice of Dispute Resolution by Binding Arbitration. Either party
may, at its sole election, require that the sole and exclusive forum and
remedy for resolution of any claim or dispute relating to this Note be
final and binding arbitration pursuant to the terms and conditions set
forth in section 21 of the Note Purchase Agreement between the Company and
the Investor (the Arbitration Provision), which is incorporated herein by
reference. The Investor may opt out of the Arbitration Provision for all
purposes by sending an arbitration opt out notice to Harlem Park Partners,
Inc., 650 California Street 7 Fl, San Francisco, CA 94109, Attention:
Investor Support that is received within thirty (30) days of the date
of the Investor s first electronic acceptance of the terms of this Note.
The opt out notice must clearly state that the Investor is rejecting
arbitration; identify the agreement to which it applies by date; provide
the Investor s name, address and social security or TIN/EIN number; and
be signed by the Investor. No other methods can be used to opt out of
the Arbitration Provision. If the opt out notice is sent on the Investor s
behalf by a third party, such third party must include evidence of his or
her authority to submit the opt out notice on the Investor s behalf.
This Section 6(d) does not waive the compliance by the Company with the
federal securities laws and the rules and regulations promulgated thereunder.
(e) WAIVER of JURY TRIAL. To the extent permitted by applicable law,
each of the Company and the investor waive a trial by jury in any
litigation relating to this Note. Notwithstanding the foregoing sentence,
by agreeing to this section 6(e), the investor is not deemed to have
waived the Company s compliance with the federal securities laws and
the rules and regulations thereunder.
(f) Caption Headings. Caption or section headings in this Note are
for convenience purposes only and are not to be used to interpret or
define the provisions of the Note.
(g) Electronic Signatures. The Company and the Investor each agree
that the Electronic Signature , whether digital or encrypted, of the
Company and the Investor are intended to authenticate this writing and
to have the same force and effect as manual signatures to the extent and
as provided for under applicable law, including the Electronic Signatures
in Global and National Commerce Act of 2000 ( 15 USC 7001, et seq.),
the state
Electronic Transaction Act and any other similar state laws based on the
Uniform Electronic Transactions Act. Electronic Signature means any
electronic
sound, symbol or process attached to or logically associated with
a record and
executed and adopted by a party with the intent to sigh such record.
In Witness Whereof, the Company has caused this Note to be duly executed
as of the date first above written.
HARLEM PARK PARTNERS, INC. Purchaser:
A Delaware C Corporation Name:
Address:
By: /s/ Ameer Flippin Signature:
Name: Ameer Flippin Telephone:
Title: CEO & Founder Email:
Exhibit 3. Bylaws of Harlem Park Partners, Inc.
ARTICLE I OFFICES
The principal office of the Corporation shall be established
and maintained as designated in the Articles of Incorporation.
The Corporation may also have offices at such places within or
without the State of California as the Board of Directors
(hereinafter, Board) may from time to time establish.
ARTICLE II STOCKHOLDERS
1. PLACE OF MEETINGS. Meetings of the Stockholders shall be held
at the principal office of the Corporation or at such other
place within or without the State of California as the Board
shall authorize.
2. ANNUAL MEETING. The annual meeting of the Stockholders shall
be held within six months of the first Monday of the month in
which the Corporation's initial Articles of Incorporation were
first filed with the Secretary of State. If such day falls on a
legal holiday, then the annual meeting of the Stockholders shall
be held on the next business day. The Stockholders shall elect the
Board and transact such other business as may properly come before
said meeting.
3. SPECIAL MEETINGS. Special meetings of the Stockholders may be
called by the Board or by the President or at the written request
of Stockholders owning a majority of the stock entitled to vote
at such meetings. A meeting requested by the Stockholders shall
be called for a date not less than ten nor more than sixty days
after a request is made. The Secretary shall issue the call for
the meeting unless the President, the Board or the Stockholders
shall designate another to make said call.
4. NOTICE OF MEETINGS. Written Notice of each meeting of the
Stockholders shall state the purpose, the time and the location
of the meeting. Notice shall be mailed to each Stockholder having
the right and entitled to vote at such meetings, at the Stockholder
and Noteholder's last address as it appears on the records of the
Corporation, not less than ten nor more than sixty days before the
date set for such meeting. Such notice shall be sufficient for the
meeting and any adjournment thereof. If any Stockholder(s) shall
transfer their stock after notice, it shall not be necessary to
notify the transferee. Any Stockholder may waive notice of any
meeting either before, during or after the meeting.
5. RECORD DATE. The Board may fix a record date not more
than sixty days prior to the date set for a meeting of
Stockholders and Noteholders as the date on which the
Stockholders and Noteholders of record, who have the
right to and are entitled to notice of and to vote at
such meeting and any adjournment thereof, shall be determined.
Notice that such date has been fixed may be published in the city,
town or county where the principal office of the Corporation is
located and in each city, town, or country where a transfer agent
of the stock of the Corporation is located.
6. VOTING. Every Stockholder issued a Voting common share shall
be entitled at each meeting and upon each proposal presented at
such meeting to one vote for each share of voting stock
recorded in the Stockholder name on the books of the Corporation
on the record date as fixed by the Board. If no record date was
fixed, on the date of the meeting the book of records of Stockholders
shall be produced upon the request of any Stockholder. Upon demand
of any Stockholder issued a Voting common share, the vote upon any
question before the meeting, shall be by ballot. All other questions
shall be decided by majority vote.
6.1 The maximum number of common shares that this Corporation is
authorized to have outstanding is 1 Billion (1,000,000,000) shares
of common stock:
6.1.2 All holders of shares of common stock shall be identical with
each other in every respect and the holders of the voting common
shares shall be entitled to have unlimited voting rights on all
shares and shall be entitled to one vote for each share on matters
on which Shareholders have the right to vote.
6.1.3 Any non voting common shares created by the corporation
going forward shall carry no right to vote on any matter presented
to the Shareholders of the Corporation for their vote or approval,
except only as the laws of the State of Delaware and California
require that voting rights be granted to such non voting common shares.
6.1.4 All holders of shares of common stock, whether voting or
non voting, upon the Dissolution of the Corporation, shall be
entitled to receive the net assets of the Corporation after
distribution has been completed to any future preferred Shareholder.
7. QUORUM. The presence, in person or by proxy, of Stockholders
holding a majority of the stock of the Corporation entitled to vote
shall constitute a quorum at all meetings of the Stockholders. In
case a quorum shall not be present at any meeting, a majority in
interest of the Stockholders entitled to vote thereat, present
in person or by proxy, shall have power to adjourn the meeting
from time to time, without notice other than announcement at
the meeting, until the requisite amount of stock entitled to
vote shall be present. At any such adjourned meeting at which
the requisite amount of stock entitled to vote be represented,
any business may be transacted which might have been transacted
at the meeting as originally noticed; but only those Stockholders
entitled to vote at the meeting as originally noticed shall be
entitled to vote at any adjournment or adjournments thereof.
8. PROXIES. At any Stockholders meeting or any adjournment thereof,
any Stockholder of record having the right and entitled to vote
thereat may be represented and vote by proxy appointed in a written
instrument. No such proxy shall be voted after three years from the
date of the instrument unless the instrument provides for a longer
period. In the event that any such instrument provides for two or
more persons to act as proxies, a majority of such persons present
at the meeting, or if only one be present, that one, shall have
all the powers conferred by the instrument upon all persons so
designated, unless the instrument shall otherwise provide.
9. STOCKHOLDER LIST. After fixing a record date for a meeting,
the Corporation shall prepare an alphabetical list of the names
of all its Stockholders who are entitled to notice of a Stockholders
meeting. Such list shall be arranged by voting group with the names
and addresses and the number, class and series, if any, of
the shares held by each. This list shall be available for
inspection by any Stockholder for a period of ten days
prior to the meeting.
ARTICLE III DIRECTORS
1. BOARD OF DIRECTORS. The business of the Corporation
shall be managed and its corporate powers exercised by a Board
of Directors each of whom shall be of full age. It shall not
be necessary for Directors to be Stockholders. The number of
Director(s) shall be determined by the CEO Ameer Flippin.
Presently, considering the fact that the company is an
emerging growth and early stage company, Ameer Flippin
is the only board member.
2. ELECTION AND TERM OF DIRECTORS. In the future after 2025,
Directors shall be invited by CEO Ameer Flippin to join the
Board and each Director elected shall hold office until the
Director's successor has been elected and qualified, or until
the Director's prior resignation or removal.
3. VACANCIES. If the office of any Director, member of a
committee or other office becomes vacant, Ameer Flippin will
determine who will be appointed any qualified person to fill such
vacancy, who shall hold office for the unexpired term and until a
successor shall be duly chosen.
4. REMOVAL OF DIRECTORS. Any or all of the Directors may be
removed with or without cause by the CEO Ameer Flippin of all
the stock outstanding and entitled to an explanation to
Stockholders called for that purpose.
5. NEWLY CREATED DIRECTORSHIPS. The number of Directors
may be increased by amendment of these Bylaws, though less than
a quorum by CEO Ameer Flippin, at the annual meeting or at a
special meeting called for that purpose; and, by like vote, the
additional Directors may be chosen at such meeting to hold office
until the next annual election and until their successors are
elected and qualified.
6. RESIGNATION. A Director may resign at any time by giving
written notice to the Board, the President or the Secretary of
the Corporation. Unless otherwise specified in the notice, the
resignation shall take effect upon receipt thereof by the Board
or such Officer, and the acceptance of the resignation shall not
be necessary to make it effective.
7. QUORUM OF DIRECTORS. A majority of the Directors shall constitute
a quorum for the transaction of business. If at any meeting of the
Board there shall be less than a quorum present, a majority of those
present may adjourn the meeting until a quorum is obtained and
no further notice thereof need be given other than by announcement
at the meeting which shall be so adjourned.
8. VOTING. Each Director shall be entitled at each meeting of the
Directors, and upon each proposal, matter or motion therein, to one
vote. All proposals, matters or motions presented at any Board of
Directors meeting shall be decided by a majority vote of the Directors
present at said meeting.
9. PLACE AND TIME OF BOARD MEETINGS. The Board may hold its meetings at
the office of the Corporation or at such other places either within or
without the State of California as it may from time to time determine.
10. REGULAR ANNUAL MEETING. A regular meeting of the Board shall be
held immediately following the annual meeting of the Stockholders at
the place of such annual meeting of the Stockholders.
11. NOTICE OF MEETINGS OF THE BOARD. Regular meetings of the Board
may be held without notice at such time and place as it shall from
time to time determine. Special meetings of the Board shall be held
upon notice to the Directors and may be called by the President Ameer
Flippin upon three days notice to each Director either personally,
by mail, by wire, or facsimile. Special meetings shall be called
by the President, or by the Secretary. Notice of a meeting need
not be given to any Director who submits a Waiver of Notice, whether
before or after the meeting, or who attends the meeting without
protesting prior thereto or at its commencement, the lack of
notice to said Director.
12. EXECUTIVE AND OTHER COMMITTEES. The Board, by resolution,
may designate two or more of their number to one or more committees,
which, to the extent provided in said resolution or these Bylaws,
may exercise the powers of the Board in the management of the
business of the Corporation.
13. COMPENSATION. Presently, no compensation shall be paid to
Directors as such, for their services, however, by resolution of
the Board a fixed sum of compensation and expenses for actual
attendance at each regular or special meeting of the Board may
be authorized. Nothing herein contained shall be construed to
preclude any Director from serving the Corporation in any other
capacity and receiving compensation therefore.
ARTICLE IV OFFICERS
1. OFFICERS, ELECTION AND TERM.
1.1 The Board may elect or appoint a Chairperson, a President,
one or more Vice Presidents, a Secretary, an Assistant Secretary,
a Treasurer and an Assistant Treasurer and such other Officers
as it may determine who shall have duties and powers as
hereinafter provided.
1.2 All Officers shall be elected or appointed to hold office
until the meeting of the Board following the next annual meeting
of Stockholders and until their successors have been elected, or
appointed, and qualified.
2. REMOVAL, RESIGNATION, SALARY, ETC.
2.1 Any Officer elected or appointed by the Board may be removed
by the CEO Ameer Flippin or the Board with or without cause.
2.2 In the event of the death, resignation or removal of an Officer,
the Board in its discretion may elect or appoint a successor to fill
the unexpired term.
2.3 Any two or more offices may be held by the same person.
2.4 The salaries of all Officers shall be fixed by the Board.
2.5 The Directors may require any Officer to give security for the
faithful performance of that Officer s duties.
3. CHAIRPERSON. The Chairperson of the Board, Ameer Flippin, shall
preside at all meetings of the Board and shall have and perform such
other duties from time to time as may be assigned to the Chairperson
by the Board or the executive committee.
4. PRESIDENT. The President and the Chief Executive Officer Ameer Flippin
of the Corporation and shall have the general powers and duties of
supervision
and management usually vested in the office of the President of the
Corporation. The President shall preside at all meetings of the
Stockholders,
if present thereat, and, in the absence or non election of the Chairperson
of the Board, at all meetings of the Board and shall have general
supervision,
direction and control of the business of the Corporation. Except as the
Board shall authorize the execution thereof in some other manner, the
President shall execute bonds, mortgages and other contracts in behalf
of the Corporation and shall cause the seal to be affixed to any instrument
requiring it and when so affixed, the seal shall be attested to by the
signature of the Secretary or the Treasurer or an Assistant Secretary or
an Assistant Treasurer.
5. VICE PRESIDENTS. During the absence or disability of the President, the
Vice President or, if there be more than one, the Executive Vice President
shall have all the powers and functions of the President. Each Vice President
shall perform such other duties as the Board shall prescribe.
6. SECRETARY. Presently, Ameer Flippin acting as The Secretary shall attend
all meetings of the Board and of the Stockholders; record all votes and
minutes of all proceedings in a book to be kept for that purpose; give or
cause to be given notice of all meetings of Stockholders and of
meetings and
special meetings of the Board; keep in safe custody the seal of the
Corporation
and affix it to any instrument when authorized by the Board or the President,
when required; prepare or cause to be prepared and keep available at
each meeting of Stockholders a certified list in
alphabetical order of the names of Stockholders entitled to vote
thereat, indicating the number of shares of each respective class
held by each; keep all the documents and records of the Corporation
as required by law or otherwise in a proper and safe manner and
perform such other duties as may be prescribed by the Board or
assigned by the President.
7. TREASURER. Ameer Flippin acting as the Treasurer shall
have the custody of the corporate funds and securities; keep
full and accurate accounts of receipts and disbursements in
the corporate books; deposit all money and other valuables in
the name and to the credit of the Corporation in such
depositories as may be designated by the Board; disburse the
funds of the Corporation as may be ordered or authorized by
the Board and preserve proper vouchers for such disbursements;
render to the President and Board at the regular meetings of the
Board, or whenever they require it, an account of all the
transactions made as Treasurer and provide an assessment of the
financial condition of the Corporation. The Treasurer shall
also render a full financial report at the annual meeting of
the Stockholders if so requested. The Treasurer may request and
shall be furnished by all corporate Officers and agents with
such reports and statements as the Treasurer may require as to
all financial transactions of the Corporation and shall perform
such other duties as are designated by these Bylaws or as from
time to time are assigned by the Board.
8. SURETIES AND BONDS. In case the Board shall so require, any
Officer or agent of the Corporation shall execute to the Corporation
a bond in such sum and with such surety or sureties as the Board may
direct, conditioned upon the faithful performance of duties to the
Corporation and including responsibility for negligence and for the
accounting of all property, funds or securities of the Corporation
which such Officer or agent may be responsible for.
ARTICLE V CERTIFICATES FOR SHARES
1. CERTIFICATES. The shares of the Corporation shall be represented
by certificates. They shall be numbered and entered in the books of
the Corporation as they are issued. They shall exhibit the holder's
name, the number of shares and shall be signed by the President and
Secretary and shall bear the Corporate seal. When such certificates
are held in book entry form at Carta.com in a digital room acting on
behalf of the Corporation and a registrar, the signatures of such
Officers may be
facsimiles.
2. LOST OR DESTROYED CERTIFICATES. The Board may direct a new certificate
or certificates to be issued in place of any certificates theretofore
issued by the Corporation alleged to have been miscalculated in book entry
format, upon the offering of an affidavit of that fact by the person
claiming the certificates to be miscalculated. When authorizing such
issue of a new certificate or certificates, the Board may, in its
discretion as a condition preceding the issuance thereof. cate alleged
to have been lost or destroyed.
3. TRANSFER OF SHARES. Upon surrender to the Corporation a certificate
for shares duly endorsed or accompanied by proper evidence of succession,
assignment or authority to transfer, it shall be the duty of the
Corporation to issue a new certificate to the person entitled thereto
and cancel the old certificate. Every such transfer shall be
entered in the transfer book of the Corporation which shall be kept
in the digital room of Carta.com. Whenever a transfer shall be made
for collateral security, and not absolutely, it shall be so expressed
in the entry of the transfer ledger. No transfer shall be made within
ten days next preceding the annual meeting of the Stockholders.
4. CLOSING TRANSFER BOOKS. The Board shall have the power to close
the share transfer books of the Corporation for a period of not
more than ten days during the thirty day period immediately preceding:
4.1 any Stockholder meeting; or
4.2 any date upon which Stockholders shall be called upon to take
action or have such a right without a meeting; or
4.3 any date fixed for the payment of a dividend or any other form
of distribution, and only those Stockholders of record at the time
the transfer books are closed shall be recognized as such for the
purpose of:
4.3.1 receiving notice of or voting at such meeting; or
4.3.2 allowing the exercise of appropriate action; or
4.3.3 entitling them to receive any dividend or other form of
distribution.
ARTICLE VI DIVIDENDS
The Board may, out of funds legally available, at any regular or
special meeting, declare dividends upon the capital stock of the
Corporation as and when it deems expedient. Before declaring any
dividend there may be set apart out of any funds of the Corporation
available for dividends such sum or sums as the Board from time to
time in their discretion deem proper for working capital or as a
reserve fund to meet contingencies or for equalizing dividends
for such other purposes as the Board shall deem conducive to the
interests of the Corporation.
ARTICLE VII CORPORATE SEAL
The seal of the Corporation shall bear the name of the Corporation,
the year of its organization and the words CORPORATE SEAL,
Delaware or OFFICIAL CORPORATE SEAL, Delaware.
The seal may be used by causing it to be impressed directly on the
instrument or writing to be sealed, or upon adhesive substance
affixed thereto. The seal on the certificates for shares or on any
Corporate obligation for the payment of money may be a facsimile or,
in the alternative, engraved or printed.
ARTICLE VIII EXECUTION OF INSTRUMENTS
All Corporate instruments and documents shall be signed or
countersigned, executed, verified or acknowledged by such Officer
or Officers or other person or persons as the Board may from time
to time designate. All checks, drafts or other orders for the payment
of money, notes or other evidences of indebtedness issued in the name
of the Corporation shall be signed by such Officer or Officers, or by
such agent or agents of the Corporation, and in such manner as shall
be determined from time to time by resolution of the Board.
ARTICLE IX FISCAL YEAR
The fiscal year shall begin on the first day of each year.
ARTICLE X NOTICE AND WAIVER OF NOTICE
1. SUFFICIENCY OF NOTICE. Whenever any notice is required by these
Bylaws to be given, personal notice is not meant unless expressly so
stated. Any notice so required shall be deemed to be sufficient if given
by depositing the same in a United States Postal Service post office mail
collecting container in a sealed postage paid wrapper, addressed to the
person entitled thereto at the last known post office address, and such
notice shall be deemed to have been given on the day of such mailing.
Stockholders not entitled to vote shall not be entitled to receive notice
of any meetings except as otherwise provided by Statute.
2. WAIVERS. Whenever any notice whatsoever is required to be given under
the provisions of any law or under the provisions of the Articles of
Incorporation or these Bylaws, a waiver thereof in writing, signed by
the person or persons entitled to said notice whether before or after
the time stated therein, shall be deemed equivalent thereto.
ARTICLE XI CONSTRUCTION
Whenever a conflict arises between the language of these Bylaws and
the Articles of Incorporation, the Articles of Incorporation shall
govern.
ARTICLE XII AMENDMENTS
These Bylaws may be altered or repealed by the affirmative vote of
a majority of the Board of Directors if notice of the proposed
alteration or repeal to be made is contained in the notice of such
annual or special meeting of the Board of Directors.
ARTICLE XIV EMERGENCY BYLAWS
1. CALLING A MEETING. In the event of such catastrophic event, any
member of the Board shall be authorized to call a meeting of the Board.
Such member calling an emergency meeting shall use any means of
communication at the member's disposal to notify all other members
of the Board of such meeting.
2. QUORUM. Any one member of the Board shall constitute a quorum of
the Board. The members of the Board meeting during such an emergency,
may select any person or persons as additional Board members, Officers
or agents of the Corporation.
3. INDEMNIFICATION. The members of such emergency Board are authorized
to utilize any means at their disposal to preserve and protect the
assets of the Corporation. Any action taken in good faith and acted
upon in accordance with these Bylaws shall bind the Corporation; and
the Corporation shall hold harmless any Director, Officer, employee
or agent undertaking such action.
4. TERMINATION OF EMERGENCY BYLAWS. These emergency Bylaws shall
cease to have effect upon conclusion of the emergency period.
Ameer Flippin, CEO Harlem Park Partners, Inc. 650 California Street
7 Fl San Francisco, CA 94109 HarlemParkPartners.com
AmeerFlippin@outlook.com 1.240.581.4693
1.415.792.8993
Exhibit 4. Certificate of Good Standing
Delaware
Page 1
The First State
I, CHARUNI PATIBANDA SANCHEZ, SECRETARY OF STATE OF THE
STATE OF DELAWARE, DO HEREBY CERTIFY HARLEM PARK PARTNERS,
INC. IS DULY INCORPORATED UNDER THE LAWS OF THE STATE OF
DELAWARE AND IS IN GOOD STANDING AND HAS A LEGAL CORPORATE
EXISTENCE SO FAR AS THE RECORDS OF THIS OFFICE SHOW, AS OF
THE EIGHTH DAY OF MARCH, A.D. 2025.
AND I DO HEREBY FURTHER CERTIFY THAT THE ANNUAL REPORTS HAVE
BEEN FILED TO DATE.
AND I DO HEREBY FURTHER CERTIFY THAT THE SAID HARLEM PARK PARTNERS,
INC.
WAS INCORPORATED ON THE TWENTY FIFTH DAY OF MAY,
A.D. 2023.
AND I DO HEREBY FURTHER CERTIFY THAT THE FRANCHISE TAXES HAVE
BEEN PAID TO DATE.
7484418 8300 Authentication: 203116063
SR# 20250976973 Date: 03 08 25
You may verify this certificate online at corp.delaware.gov/authver.shtml
Exhibit 5. Form of Inter Loan Investment Agreements
Form of Inter Loan Agreements: 5 Year Notes (Debt); 18 Percent Coupon
Harlem Park Partners, Inc. to Startup Incorporated
The Securities represented by the certificate have not been registered
under the Securities Act of 1933, as amended, nor registered nor
qualified under any state securities laws. Such securities may
not be offered for sale, sold, delivered after sale, transferred,
pledged, or hypothecated unless registered and qualified under
applicable federal and state securities Laws or unless, in the
Opinion of counsel, satisfactory to the company, such registration
and qualification is not required.
Total Investment Amount $ Date:
FOR VALUE RECEIVED, the undersigned, Startup Incorporated, a
Delaware C Corporation, (the Startup), Promises to pay to the order
of (together with its successors and assigns, the Company) the
principal sum of ($ ), together with interest at the rate
specified below to Harlem Park Partners, Inc. a Delaware
C Corporation (The Company).
1. Principal and Term. The full term of this Promissory Note
(the Note) shall be the date (the Maturity Date) , 5 Years,
(60) months from the date of this Note set forth above (the Term).
Subject to Section 2(c), the Outstanding Principal Balance
(as defined herein) shall be due and payable in full on the
Maturity Date.
For clarity, the Startup Incorporated and the Company agree
that if Notes are issued on multiple dates, the term of each
Note shall begin on the date of purchase of such Note. The
term Outstanding Principal Balance means, as of any date of
determination, the principal amount of this Note that remains
unpaid.
2. Interest. 18 Percent
(a) Calculation. Interest shall accrue on the Outstanding Principal
Balance at the fixed interest rate of 18 Percent per annum until
the earliest to occur of the following: (i) the Note is either
prepaid, redeemed or called by the Company, or (ii) the Maturity
Date. Interest shall be computed on the basis of a 360 day year
consisting of twelve 30 day months.
(b) Payments. All payments of interest by the Startup under this
Note shall accrue during the Term and shall be paid to the Company
on the Maturity Date. Payments will be made by transfer of funds by
the Startup to the Company s Bank Account via ACH established by
the Company.
(c) Prepayment. This Note shall be callable, redeemable, and prepayable
at any time by the Company, in its sole discretion, at par value plus
any accrued but unpaid interest up to, but not including the day of
prepayment. The Startup understands that if Notes are prepaid or
called by the Company before the Notes Maturity Date and the Company
will receive the principal via ACH payment of Principal.
3. Recourse. Notwithstanding anything to the contrary contained
herein, the principal of and accrued interest on this Note shall
be payable by the Startup to the Company and shall represent a
full and unconditional obligation of the Startup, and the
Company shall have a first priority security interest in all
of the assets of the Startup.
4. Events of Default. If any one of the following events shall
occur and be continuing (each, an Event of Default ):
(i) the Startup shall fail to pay as and when due in accordance
with the terms hereof any principal on this Note, or premium,
if any; (ii) the Startup shall fail to pay as and when due in
accordance with the terms hereof any interest on this Note, and
such failure shall continue for 90 (ninety ) days after the date
when such payment is due and the time for payment has not been
extended or deferred; or (iii) the Startup shall cease its business
operations, or file a petition for relief or commence a proceeding
under any bankruptcy, insolvency, reorganization or similar law
(or its governing board shall authorize any such filing or the
commencement of any such proceeding) or have any such petition
filed against it, have any liquidator, administrator, trustee or
custodian appointed with respect to it or any substantial portion
of its business or assets, make a general assignment for the
benefit of creditors or generally admit its inability to pay its
debts as they come due; then in any such event the Company may,
by notice to the Startup, declare the entire Outstanding Principal
Balance together with all interest accrued and unpaid thereon to
be immediately due and payable, whereupon this Note and all such
accrued interest shall become and be immediately due and payable
without presentment, demand, protest or other notice of any kind,
all of which are hereby expressly waived by the Startup.
Notwithstanding the foregoing, if any event descried in clause
(iii) above shall occur, the entire Outstanding Principal Balance
together with all interest accrued and unpaid thereon shall
automatically become due and payable without presentment, demand,
protest or other notice of any kind, all of which are hereby
expressly waived by the Startup.
5. Binding Effect: Assignment. this Note shall be binding upon
the Startup and its successors and inure to the benefit of the
Company and its permitted successors and assigns. The Obligations of
the Startup under this Note may not be delegated to or assumed by
any other party, and any such purported delegation or assumption
shall be null and void.
6. Miscellaneous;
(a) Payment. Both principal and interest are payable in lawful money
of the United States of America to the Company by credit to the
Company, from which the Company may then collect funds via ACH Transfer.
(b) No Waiver. No delay on the part of the Company in exercising
any option, power or right hereunder, shall constitute a waiver
thereof, nor shall the Company be estopped from enforcing the same
or any other provision at any later time or in any other instance.
(c) Governing Law. This Note shall be governed by and construed
in accordance with the internal laws of the State of Delaware,
without giving effect to principles of conflict of laws.
(d) Notice of Dispute Resolution by Binding Arbitration. Either
party may, at its sole election, require that the sole and exclusive
forum and remedy for resolution of any claim or dispute relating to
this Note be final and binding arbitration pursuant to the terms and
conditions set forth in section 21 of the Note Purchase Agreement between
the Startup and the Company (the Arbitration Provision),
which is incorporated herein by reference. The Company may opt
out of the Arbitration Provision for all purposes by sending an
arbitration opt out notice to the Startup Incorporated, 650 California
Street 7 Fl, San Francisco, CA 94109, Attention: CEO that is received
within thirty (30) days of the date of the Company s first electronic
acceptance of the terms of this Note. The opt out notice must clearly
state that the Company is rejecting arbitration; identify the agreement
to which it applies by date; provide the Company s name, address and
social security or TIN/EIN number; and be signed by the Company. No
other methods can be used to opt out of the Arbitration Provision.
If the opt out notice is sent on the Company s behalf by a third party,
such third party must include evidence of his or her authority to submit
the opt out notice on the Company s behalf. This Section 6(d) does
not waive the compliance by the Startup with the federal securities
laws and the rules and regulations promulgated thereunder.
(e) WAIVER of JURY TRIAL. To the extent permitted by applicable law,
each of the Startup and the Company waive a trial by jury in any
litigation relating to this Note. Notwithstanding the foregoing sentence,
by agreeing to this section 6(e), the Company is not deemed to have
waived the Startup s compliance with the federal securities laws and the
rules and regulations thereunder.
(f) Caption Headings. Caption or section headings in this Note are for
convenience purposes only and are not to be used to interpret or define
the provisions of the Note.
(g) Electronic Signatures. The Startup and the Company each agree that
the Electronic Signature , whether digital or encrypted, of the Startup
and the Company are intended to authenticate this writing and to have
the same force and effect as manual signatures to the extent and as
provided for under applicable law, including the Electronic Signatures
in Global and National Commerce Act of 2000 ( 15 USC 7001, et seq.),
the state Electronic Transaction Act and any other similar state laws
based on the Uniform Electronic Transactions Act. Electronic
Signature means any electronic sound, symbol or process attached to
or logically associated with a record and executed and adopted by a
party with the intent to sign such record.
In Witness Whereof, the Startup has caused this Note to be
duly executed as of the date first above written.
HARLEM PARK PARTNERS, INC. Purchaser:
A Delaware C Corporation Name:
Address:
By: /s/ Ameer Flippin Signature:
Name: Ameer Flippin Telephone:
Title: CEO & Founder Email:
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