M-10

M10 Outlet Mall LLC 506(c) Offering Platform

INTRODUCTION TO OUR COMPANY

 

More and more outlet malls are gaining visibility in the international market. Affordable malls have turned a fever around the world and move thousands of dollars monthly. There are places in the world, such as Miami, USA, that the main focus of tourism are the outlets and the possibility of buying with a great discount rate.

This is confirmed by the numbers:

International Council of Shopping Centers’ (ICSC) data reveal that, shopping malls are losing ground for e-commerce, shopping center customers are preferring to make purchases via the internet, where things have more discounts, and increasingly using malls for leisure. So, the malls need to start making events that attract people, such as theatrical attractions, exhibitions, concerts, arts centers, spas, fitness clubs and farmer’s markets, among others.

Yet outlets are increasing, because they provide discounts rates not found on either of the two models mentioned above. Usually, outlets shoppers are savvy, price-conscious, and they also tend to spend high values on purchases with discounts.

Tourism and shopping tourism grow an average of 7 % p.y, and with it, the consumption too, primarily in the cities where the outlet malls are located, which went from about $ 450 billion to the current $ 1.2 trillion in 2017.

M10 Outlet Mall LLC (“we”, “our”, “us”, “M10”, or the “Company”) is a Delaware limited liability company formed to purchase, develop and/or manage one or more (up to ten) retail shopping outlet malls (the “Outlet(s)”) in various locations around the world.

We expect that each Outlet will be located in close proximity to economically active populations with at least 8 million potential consumers or visitors (tourists, residents, or otherwise) within the region.

M10 intends to build and manage each Outlet directly with a view toward lowering overall costs and enhancing operating efficiency. We may acquire interests in real property and/or other assets in connection with the Outlet(s). We may hold such assets either directly or through one or more subsidiaries.

Our objective is to maximize our return on investment in connection with the Outlet(s) and/or other property associated with the Outlet(s). We may also hold the Outlet(s) and/or other Outlet-related assets for long-term cash flow income.

In pursuit of these goals, LLC may also invest in more than one Outlet Mall Module, with six modules being US first and other modules being around the world. The goal of M10 is Development, incorporation and administration of Outlet Malls modules.

COMPANY MANAGEMENT TEAM

The Company is currently managed by seasoned business and sector professionals dedicated to the success of the Company and efficient execution of its planned operations

PHILADELPHIA DIGITAL INVESTMENT BANKING & CAPITAL TRUST

Manager

The Manager of the Company is Philadelphia Investment Credit Union & Capital Trust, a Delaware statutory trust wholly owned by Oderli Feriani. The Manager will manage the day-to-day affairs of the Company. The Manager, located in Philadelphia, Pennsylvania, will perform all general administrative tasks for the LLC, including the keeping of the financial records, and preparation of informational returns and reports to Shareholders. The Manager will receive a fee for its services. See “Compensation”. However, without notice to the Shareholders, our Manager may retain other or additional service providers to perform the administrative services that would otherwise be performed by our Manager. The Manager was formed to provide administrative and other services in connection with the Company.

 

TERMS OF THE OFFERING

$160,000,000

Minimum Offering: $160,000,000

Minimum Subscription: $40,000,000 (10,000 Shares)

We are offering for sale – to accredited investors only – up to 160,000,000 Shares of Beneficial Interest (the “Shares”) at an initial Subscription Price of $1.00 per Share, aggregating $160,000,000. Thereafter, the Share Subscription Price will equal the Net Asset Value (NAV) of the Share which may be higher or lower than the initial Subscription Price.

The minimum investment by an investor is $40,000,000 (1,000 Shares), although the Trust reserves the right to accept lesser amounts from qualified persons.

TEAM

Mr. Marco Pathé

Managing Director

He is an outlet and shopping mall manager with more than 30 years of market experience, has introduced outlet and shopping centers management and structuring in Brazil since 1,982. Besides that, he has been partner of the outlets and shopping centers’ administrations from the management and supervision to the provision of consulting services for the management, administration and development thereof.

His skills were built in multinational companies and his initial studies were in Degree in Accounting Sciences at USP – SP.

He has focused his studies in administration, business and outlets and shopping centers’ management.

Leads the Outlet and Shopping Mall Management Group for 30 years.

 

Mr. Marco Caldeira

Chief Financial Officer – C.F.O

A businessman with more than 35 years of experience in the field of management in retail and wholesale companies. He has acted in this branch companies in Brazil, in the position of executive director, master franchisee director and partner owner. With more than 400 franchisee units.

Graduated in Mathematics at USP and Business Administration at the University of Guarulhos-SP and MBA in Outlet Stores Management at UFRJ.

His focus is on management, acquisition and merger of retail stores, he has worked in this branch multinationals companies in the national territory.

Leads outlet store companies for more than 25 years.

 

Mr. Oderli Feriani
Philadelphia’s Manager

Mr. Feriani is a seasoned businessman with more than 20 years of experience. He has introduced business and finance structuring advisory outside of investment banks systems in Brazil. His skill set was built through working at several multinational companies. Mr. Feriani received a degree in Mathematics at the University of Campinas (UNICAMP) in Brazil as well as his Master of Business Administration (MBA) in Business Management Consulting. His focus has mostly been in the field of economics and business development through banking and capital markets.

REGULATION D 506(C) MANDATED LEGEND

Any historical performance data represents past performance. Past performance does not guarantee future results; Current performance may be different than the performance data presented; The Company is not required by law to follow any standard methodology when calculating and representing performance data; The performance of the Company may not be directly comparable to the performance of other private or registered funds or companies; The securities are being offered in reliance on an exemption from the registration requirements, and therefore are not required to comply with certain specific disclosure requirements; The Securities and Exchange Commission has not passed upon the merits of or approved the securities, the terms of the offering, or the accuracy of the materials.

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