Entrepreneur Resorts was launched to solve a need that the growing number of global entrepreneurs in the world have: A way to co-work, co-live and co-learn in paradise locations around the world, connecting with local entrepreneur communities. We provide a membership and global network of resorts for retreats & accelerators, and Beach Clubs for co-working & connection in paradise locations around the world.
Important: U.S. investors may not deposit, buy, or sell securities Upstream. For more information, please visit the Upstream Support Center.
* Payments from a bank: If you haven't already completed KYC identity verification in the app or didn't select 'Bank' as the 'Deposit From' option on the payment details page when you completed KYC initially, please go through KYC again. On the payment details page, change the 'Deposit From' method by holding and scrolling "Card" until you reach "Bank." Enter your bank details and intended deposit. Note that the intended deposit doesn't automatically pull your funds. You will need to initiate a wire or transfer using the details provided via email after your KYC is approved.
To commemorate the dual listing on Upstream, the Company may offer commemorative NFTs to all supporters. NFTs are digital tokens that represent ownership of a unique digital item. When you buy an NFT, you gain ownership for that virtual or physical asset on the blockchain, typically the Ethereum blockchain, which you can choose to hold or trade.
Anyone can claim a free commemorative NFT.
The claim code is typically revealed on the company’s announcement press release, website and social media.
Upstream issuers may award digital coupons to all shareholders as a redeemable non-fungible token (NFT), one per shareholder regardless of the number of shares owned as of the record date. The total number of coupons issued shall equal the total number of shareholders of the Company. After a shareholder of record claims the digital coupon on Upstream, the shareholder will be able to redeem their digital coupon to try the Company’s products first-hand or they can sell the digital coupon to other Upstream users on the Upstream marketplace.
The digital coupons are not securities and are issued as ERC721 tokens, which are a standard for representing ownership of non-fungible tokens (NFTs), that is, where each token has a unique identifier. The digital coupons may not be withdrawn or transferred from the Upstream app and are only redeemable using the Upstream app.
All shareholders of record are entitled to claim the digital coupon by creating an account on Upstream and verifying their shareholder status. Shareholders of record will be able to redeem the coupon to try the product first-hand or trade the digital coupon with other fans globally on Upstream.
Interested participants who are not shareholders may purchase a digital coupon on Upstream’s market if a shareholder puts their digital coupon up for sale.
Here’s how shareholders as of the set record date can claim their digital coupon:
To sell your digital coupon in the Upstream market:
Any interested Upstream user may bid on a digital coupon that was put up for sale by a shareholder.
To buy a digital coupon on Upstream:
Supply this unique redemption code to the issuer to fulfill the utility offered by the digital coupon. The issuer will only fulfill the utility once per unique redemption code.
Overview: All GNS shareholders as of the record date August 31st (i.e., shares purchased and held 2 days or more prior to August 31, 2023) are entitled to receive an equal proportion of shares in Entrepreneur Resorts Ltd (ERL) on distribution date.
Detailed Instructions for GNS shareholders: https://investors.entrepreneurresorts.com/gns/
STEP ONE: DOWNLOAD UPSTREAM & COMPLETE KYC
STEP TWO: REQUEST YOUR SHARE DISTRIBUTION
Be sure your KYC identification has been approved on Upstream. Once approved, you’ll be able to see the Manage Securities tab to request your share distribution.
STEP THREE: RECEIVE YOUR SHARE DISTRIBUTION
Once your shareholding has been verified, your ERL share entitlement will be automatically deposited into your Upstream Portfolio under the ticker symbol ERLR. You’ll receive a push notification in the Upstream app announcing their delivery. Shares may take up to 4 weeks to post to your Upstream portfolio.
All non-U.S. shareholders will receive restricted shares in ERL under ERLR, which may be eligible for removal of restrictions and traded on Upstream six months after the share distribution date, if certain requirements are met.
For U.S. shareholders
If you’re a U.S. shareholder, your spinoff shares WILL NOT BE DEPOSITED to your Upstream account once verified. U.S. shareholders’ entitled shares will instead be securely maintained in book entry on the ERL capitalization table as restricted shares. U.S. shareholders may check their balance anytime by clicking HERE and searching their Upstream account/wallet number. Your Upstream account/wallet number starting with 0X can be found at the top of the home screen on the Upstream app.
U.S. shareholders shall not be permitted to trade their ERL securities after 6 months on Upstream as no U.S. person is approved to trade securities on Upstream. U.S. ERL claimants shall remain ERL shareholders and may only trade their securities if ERL lists on a secondary trading venue that permits U.S. persons to trade securities, or until such time as a U.S. person may trade on Upstream, although there is no guarantee that U.S. persons will ever be permitted to trade securities on Upstream.
Please browse Upstream’s support center for common questions, for any support related questions, please reach us at firstname.lastname@example.org .