Platform Access Fee: The Pricing of the applicable Service Option chosen by the Issuer payable in advance of the IBO.

Starting from $99/month or $999/year + HST

Success Based Fee: If, during the period Backers is retained by the Issuer and an Initial Backers Offering (IBO) is consummated or the Issuer enters into an agreement by which an IBO or an equivalent Equity Crowdfunding subsequently results, a fee equal to a specific percentage (%) of the capital raised pursuant the IBO, with the exact percentage determined based on the Service Option selected by the Issuer.

Starting from 8% of capital raised.

Conversion Option: Backers reserves the right, and the Issuer hereby accepts, at any time Backers can choose to convert any or all of the Platform Access Fee and/or the Success Based Fee at a premium of 300% of the value into the Issuer’s equity/securities issued pursuant to the IBO at the same value as the IBO or in the case that no IBO is consummated, Backers at it’s discretion can choose to convert any and/or all amounts owing at a premium of 300% of the value into the Issuers equity/securities at a 20% discount of any subsequent round of equity/securities financing.

Other Fees: The Company will be responsible for all expenses related to the Offering, whether or not it is completed, including all fees and disbursements of its legal counsel. For greater clarity, expenses shall also include all reasonable expenses, background search fees and filing fees.