360 Sports, Inc announced today that it has committed 100,000 qualified shares, to Play Rugby USA as part of a stock donation promotion.
Play Rugby USA is a 501(c)3 non-profit organization which is on a mission to develop Youth through rugby. Flag and tackle rugby programs act as a conduit to teach positive life skills to 4,500 children per week, nationwide. This program is close to the heart of 360 Sports, Inc. CEO. "I have played rugby on and off for more than 25 years and there is no better sport for building teamwork, fitness and self confidence more than rugby" stated 360 Sports, Inc. CEO, Robert Licopoli. He continued, "Other than the purchase of a ball and cleats, there is not many other barriers to entry in terms being able to play an Olympic sport. Unlike sports such as lacrosse, baseball and football. Furthermore, there is a position for everyone of every body-type and ability. Everyone has the same opportunity to carrier the ball and score points regardless of their size."
360 Sports, Inc. qualified as a public company by the SEC in April, 2016. 360 has committed to donating ten percent of its shares to non profits in the form of a share matching program. The share donation is a common practice for public companies in terms of tax write off; however, 360 is still an early stage company and can pass off the tax benefits to the donors.
The 360 Sports, Inc. Direct Stock Purchase Plan (DSPP) allows investors to commit a minimum amount of investment in 360 Sports, Inc. stock and build ownership prior to acquiring a stock symbol as we continue to offer equity in 360 Sports, Inc, via a Reg A+ offering of up to 20,000,000 shares. 360's Common A share price is set at $1 per share and can be purchased by going to 360sportsinc.com.
The donation matching program will continue while the offering remains opening to the public.
About Play Rugby USA
Founded in 2003, Play Rugby USA is achieving its vision of creating “A Better World through Rugby” by providing young people with programs that help them develop a vitality for life, both on and off the rugby field. Play Rugby USA’s mission is “to use the unique power of rugby to inspire and empower youth primarily from underserved communities, to go-forward and realize their true potential. The long-term objectives of the program are for young people to achieve economic success, exhibit healthy habits and be positive influencers in their communities.
About 360 Sports, Inc.
Through business mergers, acquisitions, partnerships, and in-house development, 360 Sports provides an array of services to youth, amateur, and professional athletes. These services are provided by it's subsidiaries which include 360 Sports Agency, 360 Sports Real Estate, and 360 Sports Leagues. 360 Sports subsidiaries operate in an athlete-centric manner providing the following services: Athlete Development; Sports Marketing, Sports Apparel and Sports Events. Please visit the 360sportsagency.com to learn more.
Robert F. Licopoli
360 Sports, Inc.
244 5th Avenue, Suite R260
New York, NY 10001
Forward Looking Statements
360 Sports, Inc., it's subsidiaries and verticals ("The Company") is clearly stating that portions of this press release contains "forward-looking statements." These statements involve risks and uncertainties, and the Company undertakes no obligation to update any forward-looking information. Risks and uncertainties that could cause cash flows to decrease or actual results to differ materially include, without limitation, consumer interest in the Company¹s products, general economic conditions, consumer trends, costs and availability of raw materials, competition, market conditions, and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company¹s control. Readers are referred to the Company¹s periodic reports filed with the SEC, specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The information contained in this press release is a statement of the Company¹s present intentions, beliefs or expectations and is based upon, among other things, the existing business environment, industry conditions, market conditions and prices, the economy in general and the Company¹s assumptions. The Company may change its intentions, beliefs or expectations at any time and without notice, based upon any changes in such factors, in its assumptions or otherwise, and it undertakes no obligation to revise or update publicly any forward-looking statements for any reason. The cautionary statements contained or referred to in this press release should be considered in connection with any subsequent written or oral forward-looking statements that the Company or persons acting on its behalf may issue.