Hello Fans of Independence!
It’s hard to believe, but Fight The Man. Own The Mountain.” is nearing its final stop. That’s right: April 2nd marks the end of the ski season here at RED and represents your absolute last chance to own a piece of paradise for as little as $1,000 through our crowdfunding offering. If you’ve already invested, we can’t thank you enough for your faith and confidence in RED and its team of amazing employees. We’re welcoming you into the family with open arms. If you’re still kicking tires on this opportunity, well, there isn’t much time left.
Now we’re pretty sure just about all of you know by now why we started this whole “thing”. We knew the importance of a rich tradition of independent skiing and knew there had to be a better way to grow sustainably than what we’ve seen in the industry these past years – and that it had to be done with its heart on its sleeve, just like us. Honestly, we didn’t even know if offering actual ownership to the public as a way to raise funds would even work. But your voices were loud and clear from all over the world – it’s been amazing hearing so many of your stories. Just the other day I received an email that perfectly captures the excitement of some of those coming to RED for the first time that invested in the campaign.
“My wife and I just got back from two incredible days skiing at RED Resort. It was our first time there and It wasn’t quite what we expected. It is now our favorite ski resort to date. We couldn’t believe the terrain and the vertical and size of the place. We also were impressed with the lodge, dining and employees who work there. So laid back and friendly. I’m glad we chose to give a $1,000 because we believe in the vision and goals you have set forth in the “Fight the Man” campaign. We have been to Utah and Jackson hole this season, while they are nice big popular ski resorts, we would rather go to Red now. I just wanted to let you know of our experience there and to say we will be back more than once next season for sure. Thanks”
Investing in RED means investing in history, independence, and in this growing family that shares the same importance on lifestyle and culture. RED is the oldest ski resort in Western Canada and it has always been fiercely independent. There are not many, if any ski resorts left in North America like Red and the success of our campaign demonstrates a desire by so many of you to, help, in a small way, to protect the lifestyle, soul and ski culture that emanates from Red.
RED is a place I’ve been beyond proud to co-own and captain since 2004 and the door is still open to share that feeling and be a part of our family. But please note that despite the friendly atmosphere, this is one of the Top 20 resorts in North America in terms of terrain. The snow’s unreal and the people around here are some of the coolest, most down-to-earth folks you’re ever likely to meet. (Trying to keep up with them on the hill is another thing entirely…)
- Over 650 individual investors so far.
- Average investment: Approximately $3,000
- Campaign featured in Powder, Bloomberg, Pique, TransWorld, The Globe & Mail, Seattle Times, USA Today, Vancouver Sun, and more.
- Investors from 42 out of 50 states—for a resort located in Canada!
- We estimate about 25-35 percent of investors have never even visited RED!
- As of March 1st, 2018 completed and pending investments have totaled $2 million.
With $2 million so far already committed and invested, we wasted no time acting on promised improvements. These upgrades included a full remodel of fan favorite Paradise Lodge (incl. flush toilets!) as well as the expansion of RED’s retail and High Performance centres. This summer we’ll see the construction of overnight on-mountain cabins and the investor clubhouse (friends welcome!) as well as continued parking expansion. We’ve heard from a number of early investors that they were beyond stoked to enjoy the new Paradise Lodge so soon after clicking the BUY button. Hey, ownership has its privileges…
We really hope you’ll take a seat at the table with us and become an owner of this incredible place – it’s really your last chance. RED and Rossland changed my life on my very first trip here. I want to share that feeling with as many people as possible.
Thanks, and I hope to have you as part of our RED family soon.
AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT. THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT CAN BE VIEWED HERE. YOU SHOULD READ THE OFFERING CIRCULAR BEFORE MAKING ANY INVESTMENT.
Investors should review the Canadian Offering Memorandum here dated Aug 12, 2017 as updated October 26, 2017, and further updated December 15, 2017, which can be found here.