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Linen Updates
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Jan 7
2021

Sharedrop closing date on Republic

Hey, Linen Community, 

We are excited to announce that the Linen sharedrop on Republic is coming to an end on January 14, 2021. Participants will soon be able to receive their financial interest in the company.

What is the Republic sharedrop? We are distributing financial interest in Linen to community members who joined early and helped us by testing it out and providing valuable feedback. Over 4,300 members have participated and are now eligible to receive securities in Linen Mobile, the company that develops Linen App. If Linen does well, early community members have exposure to its success.

Action items: 

  1. If you are participating in the sharedrop, please make sure to register on the Linen App and claim the sharedrop on Republic. If you have already done so, no need to do anything. 

  1. The Republic team will be reaching out to you shortly with closing instructions. Please be on the lookout for their official notice. You will need to sign documents that will entitle you to receive securities in Linen. They may ask you for additional information later, if something is missing. 

As true believers in the ownership economy, we are exploring a route to engage our user base and community members by giving them the opportunity to gain additional financial interest in Linen.

If you have any questions regarding the sharedrop, please post them in the discussion board on Republic, and I will gladly answer them. 


Vitaly

Profile picture of Vitaly Bahachuk
Vitaly Bahachuk
Linen
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Profile picture of Byron Spurling
Byron Spurling
5 years ago
I got the participation canceled notice also but I replied back to their email asking them when they sent me the notification needing to reconfirm my investment. They got back to me saying
that it was because I had $0 free earned equity. I was getting very upset as every time I tried to copy your message back to me that they still needed to get the equity back in. I was unable to reply to that email as the reply option was no longer there. I opened a new message and pasted part of their response and finally got yours to copy and pasted it. I told them that when I was working and knew that there had been a problem of any type, I would go back through and ensure that everything was corrected. After reading messages to you and your reply back to them, I pulled up my sent message and forwarded it to invertors@republic.co. They should have made sure that everything had been corrected especially having to cancel this many people. Have a Great Day, God Bless you and Please stay safe.
0 Like Reply
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @byron-spurling Hi, Byron: thank you for sharing your experience with Republic. I will make sure they read this.

I am confirming that you were eligible to participate in the sharedrop. Final document sent to Republic contains a non-zero balance for your participation. Please make sure that your email in Linen App matches your email on Republic. If if does not, please ping me in the app ASAP. If your participation got cancelled, most likely one of this things happened:
1) You did not confirm your participation when Republic asked to confirm.
2) Your email address in Linen App and on Republic do not match.
3) You have not completed identify verification with Republic and its partners.

I will email Republic and tell them that you were eligible.
5 years ago
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5 years ago
Profile picture of Byron Spurling
Byron Spurling @vitaly-bahachuk I thought my emails were the same, but it looks like I forgot to change the email on linen app to byronspurling@gmail.com from byronspurling@outlook.com. I still use both of them but trying to make all of the investment ones going to gmail. Thanks
5 years ago
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5 years ago
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @byron-spurling , thanks for confirming that your emails did not match. I relayed that info to Republic. Have a great week!
5 years ago
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5 years ago
Profile picture of Steve Spivey
Steve Spivey
5 years ago
I want an answer to the same question Lowell Enlow asked, why was I cancelled as well? I've never received any notifications emails etc.
1 like Reply
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @steve-spivey Hi, Steve: thank you for reaching out. Republic is doing the closing and the whole process is our of our control after January 16th, 2021. Most likely it was cancelled because:
1) You may not have completed full registration the app (linking bank account is the last step). Reach out to me in the app and I will confirm.
2) Your email in Linen App does not match your email on Republic. If that is the case ping me ASAP using in-app chat and I will sort it out.
3) You did not provided the requested KYC/AML (personal info) to Republic or its banking partner.

Hopefully this explains.
5 years ago
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5 years ago
Profile picture of Sean Stites
Sean Stites
5 years ago
Congratulations! Is there still room to invest before a public offering of some type or other similar event? If so, how and what are the terms. Thank you. - Sean
0 Like Reply
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @sean-stites Hi, Sean: thank you for reaching out and great to see you here! We just closed this sharedrop campaign. Many community members asked as about additional opportunities to invest and we are weighing our options. Please drop me your email here or in the app (or email me at hello@linen.app your email) to stay in the loop.

Have a great weekend!
5 years ago
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5 years ago
Profile picture of Lowell Enlow
Lowell Enlow
5 years ago
I want to know why I was cancelled? I did everything that I was asked to do. When do I get my money back? Lowell Enlow
2 likes Reply
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @lowell-enlow Hi, Lowell: thank you for reaching out. Republic is doing the closing and the whole process is our of our control after January 16th, 2021. Most likely it was cancelled because:
1) You may not have completed full registration the app (linking bank account is the last step)
2) Your email in Linen App does not match your email on Republic. If that is the case ping me ASAP using in-app chat and I will sort it out.
3) You did not provided the requested KYC/AML (personal info) to Republic or its banking partner.

This campaign does not take money as a form of investment. No one paid anything, community members were getting this investment for free and for completing certain tasks.

Hopefully this explains.
5 years ago
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5 years ago
Profile picture of Clyde Martin
Clyde Martin
5 years ago
I have the same question of why was I cancelled? I did what you asked. An now you tell me that I am cancelled. Pease correct this.
2 likes Reply
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @clyde-martin Hi, Clyde: thank you for reaching out. Republic is doing the closing and the whole process is our of our control after January 16th, 2021. I asked the Republic team to take a look as several community members have raised the same concern. Most likely this happened because either 1) you did not confirm your participation a while back or 2) did not provide requested KYC/AML information to Republic or its partner Prime Trust. Please email investors@republic.co with a subject line: Linen erroneous cancellation and raise your concern, so they can fix it.

Thank you for your patience.
5 years ago
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5 years ago
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @clyde-martin also, some participants used a different emails on Republic and in Linen App. If your email is different, please ping us in the Linen App chat to sort it out.
5 years ago
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5 years ago
Profile picture of Gaye Hallman
Gaye Hallman
5 years ago
Why was I cancelled today, I would like more information on that please?
1 like Reply
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @gaye-hallman , Hi, Gaye: thank you for reaching out. Republic is doing the closing and the whole process is our of our control after January 16th, 2021. I asked the Republic team to take a look as several community members have raised the same concern. Most likely this happened because either 1) you did not confirm your participation a while back or 2) did not provide requested KYC/AML information to Republic or its partner Prime Trust. Please email investors@republic.co with a subject line: Linen erroneous cancellation and raise your concern, so they can fix it.

Thank you for your patience.
5 years ago
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5 years ago
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @gaye-hallman also, some participants used a different emails on Republic and in Linen App. If your email is different, please ping us in the Linen App chat to sort it out.
5 years ago
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5 years ago
Profile picture of John Conroy
John Conroy
5 years ago
I signed up and did everything but no one ever asked for my imput
3 likes Reply
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @john-conroy Hi, John: thank you for reaching out. You have successfully registered in the app the other day. Could you please clarify as to what input are you referring to?
Please make sure that you click on "Participate" on Republic and sign document once Republic sends them to you within next two weeks or so.
5 years ago
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5 years ago
Profile picture of Jason G Croft
Jason G Croft
5 years ago
Congrats for the success of Linen as the innovative way to.build.a community with the financial interest to boot, by simply doing what most of us do in sharing successful apps. I hope you proceed with allowing those that participated to increase their interest by direct investment, as im sure im not alone, particularly in my age group, to find that most friends and family that are not ready or familiar enough to move forward and take the plunge in these newer investing platforms,...but still wish to invest further in the company. Wishing u continued and well-deserved success!!

to.build

1 like Reply
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @jason-croft Hi, Jason! Thank you for the kind words! Indeed, this space is a bit difficult to navigate for the less tech and finance savvy and we are solving this problem. Many of our community members had asked us about additional investment opportunities in Linen. We are currently assessing such requests and keep a list of interested parties. Will provide more information if decide to move forward with the idea to allow community members to invest money in the company.
5 years ago
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5 years ago
Profile picture of Willems Pierre
Willems Pierre
5 years ago
can we still inviting people to join the community?
1 like Reply
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @willems-pierre Hi, Willems! Yes, you still have time to invite your friends to the community. As long as they complete registration by January 15th and use your referral code, so you can earn additional Sharedrop.
5 years ago
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5 years ago
Profile picture of Teesha Coleman
Teesha Coleman
5 years ago
Ok
1 like Reply
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk
5 years ago
Republic just sent out and email and, unfortunately, there was a technical error that erroneously included a re-confirmation button in the notice sent to you. No re-confirmation is required. Republic will be sending out a corrected email shortly.
8 likes Reply
Profile picture of Lev Burda
Lev Burda
5 years ago
ok
1 like Reply
Profile picture of Teesha Coleman
Teesha Coleman
5 years ago
Hello
I was able to download where do I claim the share drop??
1 like Reply
View 1 more reply
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @teesha-coleman Hi, Teesha and welcome! As long as you are using the same email address on Republic and in Linen App, you are eligible. Just click on the Participate button on the Republic page and you will see your balance next week.
5 years ago
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5 years ago
Profile picture of Teesha Coleman
Teesha Coleman @vitaly-bahachuk ok I’m going over to do it now
Thanks
5 years ago
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5 years ago
Profile picture of PJ Putnam
PJ Putnam @vitaly-bahachuk -- I'm sorry, I do not know where "Just click on the Participate button on the Republic page" is.
5 years ago
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5 years ago
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @pj-putnam Here prnt.sc/wjixda
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5 years ago
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5 years ago
Profile picture of luticus Noel
luticus Noel
5 years ago
Great news
2 likes Reply
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @luticus-noel Thank you!
5 years ago
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5 years ago
Profile picture of Paulette Bayne-Gaul
Paulette Bayne-Gaul
5 years ago
Good morning. Would someone kindly let me know if I have completed my setup correctly, thanks. Downloaded the app just a few minutes ago.
1 like Reply
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @paulette-bayne-gaul Hi, Paulette! Thank you for reaching out. Please ping us using in up chat, so we can identify you and check. Standing by to hear back from you.
5 years ago
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5 years ago
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @paulette-bayne-gaul *in app chat
5 years ago
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5 years ago
Profile picture of Cheryl Edmonds
Cheryl Edmonds
5 years ago
Hello Mr. Bahachuk,

Thank you for the update. This is exciting news! However, I have never been able to download the application. Would this still include me? Thanks again. Cheryl
1 like Reply
Profile picture of Vitaly Bahachuk
Vitaly Bahachuk @cheryl-edmonds Hi, Cheryl! Thank you for the kind words. Yes, you can still download the app and fulfill requirements.
iOS Download apps.apple.com/us/app/linen-app/id1480509067?ls=1 ;
Android Download: play.google.com/store/apps/details?id=com.linenapp.android ;

Ping us in the in app chat if you need additional assistance.
5 years ago
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5 years ago
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