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Investors may select to receive; 1) equal percentage equity ownership as profits from net revenues earned by the partnership. 2) Or investors may select a determined payback of their current round investment with second round two funding. 3) investors additionally receive free DAMPS footwear for immediate family plus three selected others, for the life of the venture.
Federal and California K-1 tax filings will be sent to individual investors each year for tax purposes. Individual Limited Partnership investors are responsible for their own tax obligations.
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