Orchid Protocol - Due diligence

[icochecker]

Orchid Protocol (OCT)

TBU

Team

• Stephen Francis Bell (Co-founder) - Mar 2017 - Jan 2018 | Linkedin profile
• Steven Richard Waterhouse (Co-founder & CEO) - Mar 2017 - Present | Linkedin profile | Email
• Brian J. Fox (Co-founder) - Mar 2017 - Present | Linkedin profile
• Jay Freeman (Co-founder) | Linkedin profile | Github
• Gustav Simonsson (Co-founder) | Github
• Jackie Peters (Lead UX Designer) - Aug 2017 - Present | Linkedin profile
• Alexander Kehaya (Business Development) - Dec 2017 - Present | Linkedin profile
• Louise Conroy-Callagy (Interim CMO) - Aug 2017 - Present | Linkedin profile
• David Salamon (Researcher) - Aug 2017 - Present | Linkedin profile
• Lauryn Guridi (Chief of Staff) - Aug 2017 - Present | Linkedin profile
• Marit Davey (Investor Relations) - Aug 2017 - Present | Linkedin profile
• Brian Vohaska | Linkedin

Advisors

• Paul Veradittakit | Linkedin profile
• Chance Barnett | Linkedin profile

Investor

• Faizan J. Khan | Linkedin profile
• Adam B. Struck | Linkedin profile

Funding Rounds

Private Presale | SAFT | April 20, 2018

Federal Exemption and Exclusion Claimed:

Rule 506(c)

Minimum investment accepted from any outside investor: $0 USD

Offering and Sales Amounts:

• Total Offering Amount $125,595,882 USD
• Total Amount Sold $36,128,073 USD
• Total Remaining to be Sold $89,467,809 USD

Total number of investors who already have invested in the offering: 42

Source: SEC Form D - 20 April 2018

Private Presale | SAFT | $4.5M | November 8, 2017

Federal Exemption and Exclusion Claimed:

Rule 506(b)

Minimum investment accepted from any outside investor: $0 USD

Offering and Sales Amounts:

• Total Offering Amount $4,500,000 USD
• Total Amount Sold $4,500,000 USD
• Total Remaining to be Sold $0 USD

Total number of investors who already have invested in the offering: 31

Source: SEC Form D - 8 November 2017

Company

Orchid Labs Inc

Previous Names: Mesh Network Lab Inc.
File Number: 6476833
Incorporation Date / Formation Date: 13 July 2017
Entity Kind: Corporation
Entity Type: General
Residency: Domestic
State: Delaware

Office address:
182 Howard Street #423
San Francisco
California 94105

Phone: 512-903-1269

Registered Agent Information:
COGENCY GLOBAL INC.
850 New Burton Road, Suite 201
Dover
Kent County
Delaware 19904
USA

Management

• Stephen Francis Bell | Director, Executive Officer
• Steven Richard Waterhouse | Director, Executive Officer
• Brian J. Fox | Director
• Jay Freeman | Director
• Gustav Simonsson | Director

Delaware entity search

Smart contract

N/A

Github

• Orchid Labs

Other repo

• Orchid Lib

Product

N/A

Vesting

N/A

Additional info

HN Discussion

Token distribution

N/A

Token allocation

N/A

Flags

Real Team: ✅
GitHub: ✅
Smart Contract: -
Working Product: ❌
+2 yr Vesting for team: -
Have a company: ✅
Transparent: -

IcoCheck

• Added to icocheck.io
• Discuss this project and others on ICO Check Telegram Group chat https://t.me/checkico

[coinbala]

The private presale round TOKEN price was 0.03$ USD and the private sale 0.70$

[Esqarrouth]

@coinbala do you have source for that?

[icoDD]

[Esqarrouth]

Wow.. Thanks.

Do you know whats the minimum entry price for SAFTs? And are you guys purchasing it?

[sjcnova]

This information is not correct.

[sjcnova]

Team information is incorrect. Updated information below.
Louise Conroy-Callagy (Interim CMO) - Aug 2017 - March 2018 | Linkedin profile
David Salamon (Researcher) - Aug 2017 - Present | Linkedin profile
Lauryn Guridi (Chief of Staff) - Aug 2017 - Oct 2018 | Linkedin profile
Marit Davey (Investor Relations) - Aug 2017 - Sept 2018 | Linkedin profile
Brian Vohaska | Linkedin

[sjcnova]

Deleware Entity Search - Office Address is incorrect
Incorrect address -
Office address:
182 Howard Street #423
San Francisco
California 94105

CORRECT ADDRESS
Orchid Labs, Inc. 1288 Columbus Ave. #122, San Francisco, CA 94133

[sjcnova]

False information-

The private presale round TOKEN price was 0.03$ USD and the private sale 0.70$

Orchid never had a token sale. Please remove.