ILOAC is an accelerator and separate legal entity formed to act as a private investment fund. Its primary function is to invest capital, time, resources and management skills to get exciting projects into revenue for listing on the ILOCX (Initial Licensing Offering Contract Exchange) located at www.ILOCX.com
In exchange for a combination of equity and key licenses for both exclusive and non-exclusive territories and various rights it takes over the project, makes all management decisions. Invests the required capital and in some cases takes over the company, forming new ones and dissolving old ones (if applicable) it does this to restructure the cap table.
Where there are separate legal entities ILOAC moves the registered office into its control, including directorships. Where there is no legal entity ILOAC limited runs the project within its corporate structure under strict accounting procedures.
Please apply for more information by email your name and query to [email protected]
Over the past decade the sharing economy has been booming. Whether it’s ridesharing, home sharing, co-working or co-living – the rapid development of technology, combined with our willingness to share spaces, has directly benefited consumers by making prices more competitive.
As the coronavirus pandemic devastates the global economy, many businesses are giving up their large office spaces for good. However, working from home isn’t sustainable forever. There will still be the need to gather, whether it’s for board meetings, live performances, important changes in a company, or other types of sensitive meetings which are best held face-to-face. Who knows, in 2021 we might even hold meetings just to remind us what it feels like to be human.
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