Tommy is raising $10 million for a data center project with a June 1st close date. He's also creating a fractional investment club so non-accredited investors can join smaller deals and earn passive income across multiple projects.
You got this. In the meantime, here is the— Good luck, Catherine. —the capital raise that we are doing for you all to check out on what it looks like. I'll just—
but sure, can you share the screen real quick so they can see it too?
So this is our data center. It's a $10 million raise. And I put the link so you all can check it out. So it's got all the fun pictures. That's the targeted close date, which I need to probably change that.
It's June 1st.
All the details and everything. I need to give some project updates, but the investment presentation, everything's there. We'll be putting in some more fun things. So people can make a soft commitment, which just means that they're raising their hand saying, hey, I'm interested in this. And then they would say how much they want to invest. And then we'd go through the whole fund process.
And Tommy, when do we want to figure out the fractional? I think what we, what we need to do is come up with the membership deal, right? And then we don't necessarily have to come up with the deals. No, we don't. Until we have all the members, right?
You know, what we're talking about is a— it's called fractional. It's for non-accredited investors. Basically, it becomes our own club and micro fund for anybody who wants to be a part of this, and we all get to invest in it, and then at a smaller rate, and then creating those multiple streams of passive income and just doing deal after deal. It's very exciting. So we're— Amor is spearheading this for all of you, and it's going to be pretty awesome.
