MyOtherCountryClub.com (MOCC) was incorporated in the State of Nevada on June 2, 2009. They have not started operations. They are developing a website that will offer Reciprocal Golf to members of Private Country Clubs in the United States. It is an independent organization that is dedicated to providing private golf clubs and their respective members with an optimal level of reciprocal play. Members of private country clubs are entitled to play private courses worldwide due to an arrangement between clubs called reciprocity. In the past, this procedure only worked when a PGA pro at a private club arranged reciprocal play on behalf of a member. If a pro was unavailable, arranging play at private clubs was not a possibility. MOCC feels it is uniquely positioned to solve this problem by enabling private country club members to take full advantage of their privileges. Reciprocal play entitles members of private golf clubs to play other private golf clubs.
Private golf clubs often provide reciprocal golfers with a discounted play rate. While some private golf clubs do not accommodate reciprocal play, the majority of private golf clubs have discovered that it increases revenue and membership levels. MOCC’s primary function is to provide a user-friendly service thru its web site that enables private golf club members to make the most of their reciprocal play privileges. They will not be charging for their services initially till they have agreements in place with twenty Private Clubs. Their monthly fees to our Member Clubs will be $150 per month or $1,500 annually.
This is the initial public offering of Common stock of the company and no public market currently exists for the securities being offered. They are offering 1,000,000 shares of its common stock at a price of $0.05 per share, on a “self-underwritten” best efforts basis, with no minimum. The officers and directors of the Company intend to sell the shares directly.
The proceeds from the sale of the 1,000,000 shares in this offering will be payable to the Company. All proceeds from this offering will be retained by the company irrespective of the number of shares sold.
In addition, 900,000 common shares are being offered by 38 existing shareholders of the Company. The Company will derive no financial benefit from the sales of these shares. The shares will be offered at a fixed price of $0.05 per share by its selling shareholders until shares of their common stock are quoted on the OTC Bulletin Board, or listed on a Securities Exchange and thereafter at prevailing market prices or privately negotiated prices. Net Proceeds to the Company: $50,000 Number of Shares outstanding before the Offering: 8,400,000
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