Due to the Coronavirus, Enercom AG requested a longer offer period and sent the addendum request of the Enercom Token prospectus to the FMA, which has been approved today.
You can read the Addendum here
Read the interview which our CEO Kaspars had together with STOCHECK.com
What problem is Enercom AG addressing?
Enercom AG is active in two highly dynamic areas — telecommunications and renewable energy. Main problem we can put above all the others is striving towards carbon neutral energy production lessening the environmental impact of modern living and business making. Renewable energy projects we have under development is our attempt to improve renewable energy balance in Northern Europe and add long term value to the company besides our telecommunication business part to make sure our token holders have expected long term value delivered.
What is your solution to achieve a carbon neutral energy production?
Our solution is rather simple — we have running telecommunications business interconnecting hundreds of telco companies and transferring their voice call and sms traffic all across the globe, this is the part of the Enercom AG that delivers immediate value to our token holders since it allows us to drive revenue and pay dividends almost immediately. And adding to that we’re developing renewable energy projects, both solar and wind, we’re looking to execute and add long term value right next to the immediate results of telco operations. That is our promise to potential token holders — with telecommunications we’ll deliver on the promises today and tomorrow, but green energy is our diversification plan to make Enercom AG thriving for decades to come.
As Enercom operates within the telecommunication & renewable energy sector. Are there any synergies between both of them or do they work separately?
Telecommunications are in essence rather though scene where one can survive and succeed only if necessary level of analytics are present. Tons of data that may seem not that relevant and slip by on a daily basis actually holds many answers to questions that rather often remain unanswered or even not asked. That’s what we have mastered in Api Mobile — our telecommunications business that transits millions of SMS for our customers every single day. There might not be a direct link between energy and telco projects, but we strongly believe that our analytical skill set derived from telecommunications will play a major role in very close future in our energy projects as well especially considering operating in the open market conditions.
In which stage of development is your business?
Api Mobile is in active business since 2016 and reached 60M+ revenue mark in 2018. And that forms our key manifest to the community — there’s a track record proving our ability to reach business goals as a team, there’s no need to gamble if Enercom AG has a team fit enough to reach goals we state. We are tokenizing a running business with a development part in renewable energy next to it. Accordingly to the outcome of our token sale we’ll create the best fitting strategy that would support our existing business and bring energy projects from paper to life.
How much money do you need to realize your project? How are you planning to invest the raised funds?
We’re looking to raise 20 million EUR which is the valuation of our telecommunications part alone (please see prospectus for details). Yet with that amount we are able to continue to not only develop our telecommunication endeavours, but also invest in renewable energy projects among whom there are wind and solar parks that are ready-to-build as of today, as well as ones in earlier development phases.
What is your business model, how do you make money?
As per today we make money providing telecommunication services — transfer and termination of international voice calls and sms. In current shape and form we are in the business since 2016 and our revenue hit 60M+ in 2018. We decided to deliver immediate value to our token holders and this is the best way to do it. Since telecommunications are prone to technology change and is tech sensitive area we are adding an energy sector next to it in order to reach necessary diversification level to the business to ensure Enercom AG remains profitable in the long term. Once both revenue streams will be implemented our money making will consist of both — telco revenue and energy sales to the open market or directly or resellers.
Who are your main competitors and what makes you better?
There are countless energy and telecom companies across the globe, we believe our experience, track record and combination of both businesses is a solid base for Enercom AG becoming a long-lasting market player.
Why did you choose a STO as a means to raise funds?
It seemed and still seems to be most creative and contemporary way to talk to the audience that could get our message right. We truly believe that the global community is ready for new tools and innovations when it comes to investing and management of their assets. Telecommunications have taught us to keep looking for solutions among the latest technologies and inventions since that is the only way to keep up with the dynamics of the business scene. Therefore, there were no doubts that STO is the right way to put our project out to the community since our goal is to establish long term presence in the market and gain the necessary trust to be able to present our upcoming projects that are still in the pipeline.
What’s the best advice you’ve recently received?
It was about a year ago when someone I truly trust said we should conduct STO to boost our business development attempts and here we are.
What are the biggest challenges for Enercom to overcome in order to be a successful business?
Without bragging or being ignorant, I’d say Enercom AG is rather successful as per today already. We have all the components to become a stable long-term value we are trying to stick together with our STO attempt. Among challenges we could name necessity to bring our story out to the world and execute our post STO plan joining all the businesses below the Enercom AG roof, but that’s something that can surely be done with consistent work and right amount of commitment.
Where do you see your company in 5 years?
In 5 years we would like to look at the Enercom AG as a telecommunications company that maintains it’s Tier1 interconnections we have already and have added a few more to gain strategic advantages in ability to provide certain services to our customers. We would envision our sms transfer service being developed accordingly to the current omnichannel messaging requirements and maintaining flexibility to adapt market situation fast enough to keep our customer base satisfied. About that time we’d like to see our first wind park and at least a couple of solar energy projects commissioned into production and driving a revenue towards Enercom AG providing expected dividends to our token holders.
Prospectus can be viewed here
Blockchain | Security Token Offering (STO): Prospectus for the tokenised share issue approved by FMA Liechtenstein
As an innovative Liechtenstein company, ENERCOM AG uses the novelty of blockchain technology and carries out a share issue in the form of a STO (Security Token Offering) in the Liechtenstein financial center.
SCHEIBER Rechtsanwälte provided legal advice on the preparation of the token prospectus and the legal opinion.
We are pleased to inform you that the Liechtenstein Financial Market Authority (FMA) approved the submitted prospectus on November 21, 2019.
The prospectus has been drawn up as an EU growth prospectus in accordance with the new EU Prospectus Regulation (EU) 2017/1129, which has been in force since 21 July 2019.
We are very proud that the Token Prospectus is the first approved prospectus under the new EU Prospectus Ordinance in Liechtenstein.
Usually something like this is only for financial advisors who receive certain finder fees on deal they refer to their network. We want to give this opportunity to our loyal investors. If you think this project might be interesting for any of your inner circle. Let them know, if they invest – we got your back.
Key parameter of the Enercom Token and its offering.
The legal opinion was required by the FMA and therefor we will also publish it to selected investors. Reach out to us and you can see it.
Passporting means that once the prospectus is approved in Liechtenstein – that we are able to seek a notification for each financial market authority for each EU member state and therefore can actively promote the financial instrument the Enercom Token within this region. As we have already finalised our Investor Dashboard where you can start your KYC here by clicking this link www.kyc.enercom.ag you can be one of the first to subscribe to this issuance of new shares which will be issued on the Ethereum Blockchain with the ERC-20 standard.
We have been screening the alternatives in the market and we believed that Ethereum is the most mature version along with this ERC-20 protocol. This can also be used fully to develop all the necessary smart contracts for the token, whitelisting, the STO itself and furthermore the dividend payments after the issuance of shares was successfully.
You can easily start by whitelisting yourself via kyc.enercom.ag you just need an Ethereum Wallet to make sure that you send the funds via your Ethereum Wallet into the smart contract. Alternatively you can also invest with a bank transfer – you can check out the blog post here if you are interested in this. Once you are subscribed to the Enercom Token – and have sent the amount which you are investing, then this is the time when you will officially be a shareholder of the new issued shares of the Enercom AG in Liechtenstein – where the shares were tokenized with the help of the Ethereum Blockchain.
Is investing in the Enercom Token secure?
We have everything in place internally that all our developed smart contracts are secure and especially cross checked with an external audit so that a minimum of 4 eyes has approved the smart contract.
If you have any questions regarding the token issuance or the smart contract, feel free to get in touch with us at any given time.
We believe in transparency, this is how we are successfully throughout the business relationships we have had in the past and new relationships we will build for the future of Enercom AG.
The workflow for distribution of dividends will look similar to the graphic which we already added to the prospectus.
With this setup, we are very confident that we have all professional stakeholders onboarded until end of April so that the distribution of first dividends can happen in May. This is also aligned with our timeline which we have in our prospectus.
The current dividends are accumulated within the business account of API Mobile SIA you can always find out more about API Mobile here. Those dividends will then be distributed towards the holding Enercom AG (once the sale of API Mobile to Enercom AG is successfully done) with the successfully raise of the Enercom Token we will also use part of the use of proceeds to purchase Rapsoil SIA to make sure that further dividends for our token holders will be sustainable beside the API Mobile SIA dividends which have a great potential to increase due to highly experienced management and team players within the new potential subsidiary API Mobile SIA. We will be able to further work on the project of Rapsoil SIA to make sure all the groundwork will be finalised to achieve a way for future partners to easily access the project and start creating value to buy and build the wind turbines so that revenue is generated with producing energy and sell them to the grid with a potential power purchase agreement with Nordpool Group or any other potential buyer. If you have any questions about our business model, or how we plan certain things beside some details of the prospectus feel free to reach out to us so we can make sure you fully understand what we want to achieve in the future and do our piece for a better tomorrow for our children and grandchildren.
Or reach out via phone
Der Enercom AG ist nicht in allen Ländern der Welt zum Vertrieb von Enercom Token berechtigt
Ein Verkauf von Enercom Token an US-Bürger ist ausgeschlossen. Darunter werden Personen verstanden, die Staatsangehörige der Vereinigten Staaten von Amerika sind, dort ihr Domizil haben, dort steuerpflichtig sind oder Personengesellschaften oder Kapitalgesellschaften, die gemäß den Gesetzen der Vereinigten Staaten von Amerika beziehungsweise eines Bundesstaates, Territoriums oder einer Besitzung der Vereinigten Staaten gegründet werden. Die Enercom Token wurden und werden nicht nach dem United States Securities Act aus dem Jahr 1933 in seiner geltenden Fassung oder nach den Wertpapiergesetzen eines Bundesstaates oder einer Gebietskörperschaft der Vereinigten Staaten von Amerika oder ihrer Territorien, Besitzungen oder sonstiger Gebiete registriert, die ihrer Rechtshoheit unterstehen. Sollten sich nach Begründung der Geschäftsbeziehung die persönlichen Verhältnisse des Anlegers derart ändern, dass er als US-Bürger im Sinne der vorstehenden Definition zu qualifizieren ist, ist der Anleger verpflichtet die Enercom Token unverzüglich zu veräussern und die Enercom AG vollumfänglich zu informieren.
Das eben Gelesene gilt sinngemäß auch für Australien, Japan und Kanada. Die Enercom Token werden demzufolge dort weder öffentlich angeboten, noch verkauft, noch direkt oder indirekt in ein solches Gebiet geliefert.