# EDGAR Filing Document

**Accession Number:** 0001944680
**File Stem:** 0001746059-23-000015
**Filing Date:** 2023-1
**Character Count:** 88693
**Document Hash:** 20461dbb7a3cdd4a7535533fe2cf6c04
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001746059-23-000015.hdr.sgml**: 20230113

**ACCESSION NUMBER**: 0001746059-23-000015

**CONFORMED SUBMISSION TYPE**: C/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20230113

**DATE AS OF CHANGE**: 20230112

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SEVEN POINT OF ILLINOIS LLC
- **CENTRAL INDEX KEY:** 0001944680
- **IRS NUMBER:** 813790372
- **STATE OF INCORPORATION:** IL

**FILING VALUES:**
- **FORM TYPE:** C/A
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 020-30952
- **FILM NUMBER:** 23526755

**BUSINESS ADDRESS:**
- **STREET 1:** 3360 N ELSTON AVE
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60618
- **BUSINESS PHONE:** (312) 593-8448

**MAIL ADDRESS:**
- **STREET 1:** 3360 N ELSTON AVE
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60618

### Attached PDF Documents

**Attachment 1:** `sevenpoint_rsnca2.pdf`

SEVEN POINT.

## INVESTMENT AGREEMENT

facilitated by

![img-0.jpeg](img-0.jpeg)

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# INVESTMENT AGREEMENT

This is an Investment Agreement, by and between **SEVEN POINT OF ILLINOIS LLC** (the “Company”) and the purchaser identified on the Investor Information Sheet (“Purchaser”).

## BACKGROUND

Purchaser wishes to purchase a Revenue Sharing Note issued by the Company through www.Mainvest.com (the “Site”). NOW, THEREFORE, acknowledging the receipt of adequate consideration and intending to be legally bound, the parties hereby agree as follows:

### 1. Defined Terms

Capitalized terms that are not otherwise defined in this Investment Agreement have the meanings given to them in the Company’s Form C and its attachments, all available at the Site. In this Investment Agreement, we refer to the Form C and its attachments as the “Disclosure Document.” We sometimes refer to the Company using terms like “we” or “us,” and to Purchaser using terms like “you” or “your.”

### 2. Purchase of Note

Subject to the terms and conditions of this Investment Agreement, the Company hereby agrees to sell to you, and you hereby agree to purchase from the Company, a promissory note as described in the Disclosure Document, in the amount set forth on the Investor Information Sheet. We refer to your promissory note as the “Note.”

### 3. No Right to Cancel

You do not have the right to cancel your subscription or change your mind. Once you sign this Investment Agreement, you are obligated to purchase the Note, no matter what, even if the Offering is over-subscribed and the amount of your Note is reduced.

### 4. Our Right to Reject Investment

In contrast, we have the right to reject your subscription for any reason or for no reason, in our sole discretion. If we reject your subscription, any money you have given us will be returned to you.

### 5. Your Promises

You promise that:

#### 5.1. Accuracy of Information

All of the information you have given to us, whether in this Investment Agreement, at the Site, or otherwise, is accurate and we may rely on it. If any of the information you have given to us changes before we accept your subscription, you will notify us immediately. If any of the information you have given to us is inaccurate and we are harmed as a result, you will indemnify us, meaning you will pay any damages.

#### 5.2. Review of Information

You have read and understand the Disclosure Document. Without limiting that sentence, you have read and understand the Note and the Revenue Sharing Agreement.

#### 5.3. Risks

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You understand all the risks of investing, including the risk that you could lose all your money. Without limiting that statement, you have reviewed and understand all the risks listed in the Educational Materials at the Site and in the Disclosure Document.

#### 5.4. No Representations

Nobody has made any promises or representations to you, except the information in the Disclosure Document. Nobody has guaranteed any financial outcome of your investment.

#### 5.5. Opportunity to Ask Questions

You have had the opportunity to ask questions about the Company and the investment. All your questions have been answered to your satisfaction.

#### 5.6. Your Legal Power to Sign and Invest

You have the legal power to sign this Investment Agreement and purchase the Note.

#### 5.7. No Government Approval

You understand that no state or federal authority has reviewed this Investment Agreement or the Note or made any finding relating to the value or fairness of the investment.

#### 5.8. No Transfer

You understand that under the terms of the Revenue Sharing Agreement, the Note may not be transferred without our consent. Also, securities laws limit transfer of the Note. Finally, there is currently no market for the Note, meaning it might be hard to find a buyer. As a result, you should be prepared to hold the Note through its maturity.

#### 5.9. No Advice

We have not provided you with any investment, financial, or tax advice. Instead, we have advised you to consult with your own legal and financial advisors and tax experts.

#### 5.10. Tax Treatment

We have not promised you any particular tax outcome from buying or holding the Note.

#### 5.11. Acting On Your Own Behalf

You are acting on your own behalf in purchasing the Note, not on behalf of anyone else.

#### 5.12. Investment Purpose

You are purchasing the Note solely as an investment, not with an intent to re-sell or “distribute” any part of it.

#### 5.13. Anti-Money Laundering Laws

Your investment will not, by itself, cause the Company to be in violation of any “anti-money laundering” laws, including, without limitation, the United States Bank Secrecy Act, the United States Money Laundering Control Act of 1986, and the United States International Money Laundering Abatement and Anti-Terrorist Financing Act of 2001.

#### 5.14. Additional Information

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At our request, you will provide further documentation verifying the source of the money used to purchase the Note.

#### 5.15. Disclosure

You understand that we may release confidential information about you to government authorities if we determine, in our sole discretion after consultation with our lawyer, that releasing such information is in the best interest of the Company or if we are required to do so by such government authorities.

#### 5.16. Additional Documents

You will execute any additional documents we request if we reasonably believe those documents are necessary or appropriate and explain why.

#### 5.17. No Violations

Your purchase of the Note will not violate any law or conflict with any contract to which you are a party.

#### 5.18. Enforceability

This Investment Agreement is enforceable against you in accordance with its terms.

#### 5.19. No Inconsistent Statements

No person has made any oral or written statements or representations to you that are inconsistent with the information in this Investment Agreement and the Disclosure Materials.

#### 5.20. Financial Forecasts

You understand that any financial forecasts or projections are based on estimates and assumptions we believe to be reasonable but are highly speculative. Given the industry, our actual results may vary from any forecasts or projections.

#### 5.21. Notification

If you discover at any time that any of the promises in this section 5 are untrue, you will notify us right away.

#### 5.22. Additional Promises by Individuals

If you are a natural person (not an entity), you also promise that:

##### 5.22.1. U.S. Citizen or Resident

You are a citizen or permanent resident (green card) of the United States.

##### 5.22.2. Financial Wherewithal

You can afford this investment, even if you lose your money. You don't rely on this money for your current needs, like rent or utilities.

##### 5.22.3. Anti-Terrorism and Money Laundering Laws

None of the money used to purchase the Note was derived from or related to any activity that is illegal under United States law, and you are not on any list of 'Specially

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Designated Nationals” or known or suspected terrorists that has been generated by the Office of Foreign Assets Control of the United States Department of Treasury (“OFAC”), nor are you a citizen or resident of any country that is subject to embargo or trade sanctions enforced by OFAC.

## 6. Confidentiality

The information we have provided to you about the Company, including the information in the Disclosure Document, is confidential. You will not reveal such information to anyone or use such information for your own benefit, except to purchase the Note.

## 7. Re-Purchase of Note

If we decide that you provided us with inaccurate information or have otherwise violated your obligations, or if required by any applicable law or regulation related to terrorism, money laundering, and similar activities, we may (but shall not be required to) repurchase your Note for an amount equal to the principal amount outstanding.

## 8. Governing Law

Your relationship with us shall be governed by Massachusetts law, without taking into account principles of conflicts of law.

## 9. Arbitration

### 9.1. Right to Arbitrate Claims

If any kind of legal claim arises between us as a result of your purchase of the Note, either of us will have the right to arbitrate the claim, rather than use the courts. There are only three exceptions to this rule. First, we will not invoke our right to arbitrate a claim you bring in Small Claims Court or an equivalent court, if any, so long as the claim is pending only in that court. Second, we have the right to seek an injunction in court if you violate or threaten to violate your obligations. Third, disputes arising under the Note or the Revenue Sharing Agreement will be handled in the manner described in the Revenue Sharing Agreement.

### 9.2. Place of Arbitration; Rules

All arbitration will be conducted in Massachusetts unless we agree otherwise in writing in a specific case. All arbitration will be conducted before a single arbitrator in accordance with the rules of the American Arbitration Association.

### 9.3. Appeal of Award

Within thirty (30) days of a final award by the single arbitrator, you or we may appeal the award for reconsideration by a three-arbitrator panel. If you or we appeal, the other party may cross-appeal within thirty (30) days after notice of the appeal. The panel will reconsider all aspects of the initial award that are appealed, including related findings of fact.

### 9.4. Effect of Award

Any award by the individual arbitrator that is not subject to appeal, and any panel award on appeal, shall be final and binding, except for any appeal right under the Federal Arbitration Act, and may be entered as a judgment in any court of competent jurisdiction.

### 9.5. No Class Action Claims

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NO ARBITRATION SHALL PROCEED ON A CLASS, REPRESENTATIVE, OR COLLECTIVE BASIS. No party may join, consolidate, or otherwise bring claims for or on behalf of two or more individuals or unrelated corporate entities in the same arbitration unless those persons are parties to a single transaction. An award in arbitration shall determine the rights and obligations of the named parties only, and only with respect to the claims in arbitration, and shall not (i) determine the rights, obligations, or interests of anyone other than a named party, or resolve any claim of anyone other than a named party, or (ii) make an award for the benefit of, or against, anyone other than a named party. No administrator or arbitrator shall have the power or authority to waive, modify, or fail to enforce this paragraph, and any attempt to do so, whether by rule, policy, arbitration decision or otherwise, shall be invalid and unenforceable. Any challenge to the validity of this paragraph shall be determined exclusively by a court and not by the administrator or any arbitrator. If this paragraph shall be deemed unenforceable, then any proceeding in the nature of a class action shall be handled in court, not in arbitration.

#### 10. Consent to Electronic Delivery

You agree that we may deliver all notices, tax reports and other documents and information to you by email or another electronic delivery method we choose. You agree to tell us right away if you change your email address or home mailing address so we can send information to the new address.

#### 11. Notices

All notices between us will be electronic. You will contact us by email at the address indicated on the Company Signature Page below. We will contact you by email at the email address below. Either of us may change our email address by notifying the other (by email). Any notice will be considered to have been received on the day it was sent by email, unless the recipient can demonstrate that a problem occurred with delivery. You should designate our email address as a “safe sender” so our emails do not get trapped in your spam filter.

#### 12. Limitations on Damages

WE WILL NOT BE LIABLE TO YOU FOR ANY LOST PROFITS OR SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, EVEN IF YOU TELL US YOU MIGHT INCUR THOSE DAMAGES. This means that at most, you can sue us for the amount of your investment. You can’t sue us for anything else.

#### 13. Waiver of Jury Rights

IN ANY DISPUTE WITH US, YOU AGREE TO WAIVE YOUR RIGHT TO A TRIAL BY JURY. This means that any dispute will be heard by an arbitrator or a judge, not a jury.

#### 14. Miscellaneous Provisions

##### 14.1. No Transfer

You may not transfer your rights or obligations.

##### 14.2. Right to Legal Fees

If we have a legal dispute with you, the losing party will pay the costs of the winning party, including reasonable legal fees.

##### 14.3. Headings

The headings used in this Investment Agreement (e.g., the word “Headings” in this paragraph), are used only for convenience and have no legal significance.

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#### 14.4. No Other Agreements

This Investment Agreement and the Exhibits attached hereto are the only agreements between us.

#### 14.5 Electronic Signature

You will sign this Investment Agreement electronically, rather than physically.

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# COMPANY SIGNATURE PAGE

Intending to be bound by this Investment Agreement and the Exhibits attached hereto, the Company has executed this document:

Signature: BRAD ZERMAN

Name: BRAD ZERMAN

Title: CEO

Date: 01/12/2023

Email Address: info@sevenpoint.org

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# INVESTOR INFORMATION SHEET

*If Purchaser is an entity*

Name of Purchaser: ____________________ Name of Affiliated Person: ____________________

Email Address: ____________________ Title: ____________________

Mailing Address: ____________________ State of Organization: ____________________

____________________
____________________

# ADDITIONAL TERMS

Investment Amount: ____________________

Revenue Percentage: ____________________

Principal Amount: ____________________

Purchaser Percentage: ____________________

# INVESTOR SIGNATURE

Signature: ____________________

Date: ____________________

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# EXHIBIT A

## REVENUE SHARING NOTE

THIS REVENUE SHARING NOTE (THE “NOTE”) HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR UNDER ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD OR TRANSFERRED WITHOUT THE CONSENT OF THE COMPANY AND COMPLYING WITH SECURITIES LAWS.

THIS NOTE REPRESENTS THE OBLIGATION OF **SEVEN POINT OF ILLINOIS LLC** (THE “COMPANY”) AND WAS ISSUED PURSUANT TO (i) AN OFFERING MEMORANDUM FILED WITH THE SEC IN CONJUNCTION WITH THE COMPANY’S FORM C, AND (ii) THE INVESTMENT AGREEMENT, WHICH ARE AVAILABLE FOR REVIEW AT WWW.MAINVEST.COM (THE “SITE”).

CAPITALIZED TERMS THAT ARE NOT OTHERWISE DEFINED IN THIS NOTE HAVE THE MEANINGS GIVEN TO THEM IN THOSE DOCUMENTS.

| Issuer | SEVEN POINT OF ILLINOIS LLC |
| --- | --- |
| Maximum Payment Multiple 2 - Early Investors - All Other Investors | 1.6 x 1.4 x |
| Revenue Percentage 1 | 0.16% - 1.0% |
| Payment Frequency | Annually |
| Sharing Start Date | The first day after disbursement that the company has revenues greater than one ($1) dollar |
| First Payment Date | The last day of the calendar month ending not more than thirty days after the end of the first calendar year after the Sharing Start Date. |
| Seniority | Subordinated |
| Securitization | Unsecured |
| Maturity Date | 12/31/2025 |
| Accrual Rate | 2.9% |

$^{1}$ The rate of revenue sharing is calculated on a linear scale with a minimum rate of 0.16% and a maximum rate of 1.0% and is rounded to the nearest 1/10th percent. The final rate is based on the amount raised and is calculated after the offering has successfully closed. As the amount raised in the offering increases, the rate of revenue sharing increases.

$^{2}$ To reward early participation, the investors who contribute the first $22,500.0 raised in the offering will receive a 1.6x cap. Investors who contribute after $22,500.0 has been raised in the offering will receive a 1.4x cap.

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## 1. Revenue Sharing Agreement

This Note is subject to the Company's Revenue Sharing Agreement attached hereto as Exhibit B as if all the terms of the Revenue Sharing Agreement were set forth in this Note.

## 2 Payment Obligation

### 2.1 First Payment

On the First Payment Date, the Company shall pay to Purchaser an amount equal to (i) the Purchaser Percentage (as defined in the Investor Information Sheet above), multiplied by (ii) the Revenue Percentage, multiplied by (iii) the Total Revenue of the Company for the period beginning on the Sharing Start Date and ending on the last day of the month before the First Payment Date.

### 2.2. Subsequent Annual Payments

On the date twelve (12) months following the First Payment Date, and on each twelve (12) month anniversary thereafter, the Company shall pay to Purchaser an amount equal to (i) the Purchaser Percentage, multiplied by (ii) the Revenue Percentage, multiplied by (iii) the Total Revenue of the Company for the period of twelve (12) months beginning immediately on the day after the previous calculation.

### 2.3. Prepayment

At any time, without notice to Purchaser, may pay to Purchaser any amount in excess of the payments required by sections 2.1 and 2.2.

### 2.4. Termination of Payments

Notwithstanding section 2.2, no payments shall be due to Purchaser after Purchaser has received an aggregate amount under this Note, including payments made by the Company pursuant to section 2.3, equal to (i) the Principal Amount (as defined in the Investor Information Sheet above), multiplied by (ii) the Maximum Payment Multiple. We refer to the result of this multiplication as the 'Maximum Payment Amount.'

### 2.5. Payment on Maturity Date

Unless payments have already terminated as a result of section 2.4, on the Maturity Date the Company shall pay to Purchaser an amount equal to the Maximum Payment Amount minus the aggregate of all payments made by the Company to Purchaser under this Note, including payments made by the Company pursuant to section 2.3.

### 2.6. Payment on Change of Control

#### 2.6.1. General Rule

If the Company experiences a Change of Control, then the Company shall promptly pay to Purchaser an amount equal to the Maximum Payment Amount minus the aggregate of all payments made by the Company to Purchaser under this Note, including payments made by the Company pursuant to section 2.3.

#### 2.6.2 Change of Control Defined

For purposes of this Note, the term 'Change of Control' means (i) the sale, transfer

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or other disposition of all or substantially all of the Company's assets and business; or (ii) the sale, transfer or other disposition of outstanding securities of the Company representing at least Fifty Percent (50%) of the voting power of the Company; or (iii) a merger or consolidation of the Company with or into another entity, such as another limited liability or corporation, except a merger or consolidation in which the owners of the Company's equity securities immediately before such merger or consolidation continue to own securities representing more than Fifty Percent (50%) of the voting power of the Company or the surviving or acquiring entity; or (iv) the liquidation, dissolution or winding up of the Company. It does not mean a change in the corporate form of the Company, e.g., a change from a limited liability company to a corporation, or a change in the jurisdiction of the Company's organization.

### 2.7. Total Revenue Defined

The 'Total Revenue' of the Company for any period means the gross sales price of all merchandise, gift or merchandise certificates, or services sold by the Company during the period, using the same method of accounting used for Federal income tax purposes, reduced by (i) the sales price of all merchandise returned by customers and accepted for full credit or the amount of discounts and allowances made on such merchandise to the extent previously included in revenue; (ii) the amount of any sales taxes, so-called luxury taxes, consumers' excise taxes, gross receipts taxes, and other similar taxes imposed upon the sale of merchandise or services, but only if collected separately from the selling price of merchandise or services and collected from customers and paid to the taxing authority; (iii) the amount of any sales of fixtures, equipment, or other property which are not stock in trade of the Company; (iv) the amount of any sales of gift or merchandise certificates until converted to a sale by redemption for actual merchandise or services; (v) any cash or credit discount, allowance, or refund made upon any sales; and (vi) tips or gratuities paid by customers to or for the benefit of the Company's employees which are retained by the Company's employees.

### 3. Nature of Obligation

For all purposes, including but limited to Federal and State tax purposes, this Note shall be treated as a debt and not as an equity interest.

### 4) Treatment of Interest

For Federal and State tax purposes (i) interest shall accrue at the Accrual Rate, and (ii) payments made pursuant to section 2 shall first be treated as interest, up to the amount of interest so accrued, then shall be treated as principal, until Purchaser has received, as principal, the entire Principal Amount, and then shall be treated as interest.

### 5) No Violation of Usury Laws

If any payment required under this Note would otherwise violate any law limiting the amount of interest that may be charged (i.e., 'usury' laws), then, notwithstanding section 3, the amount in excess of the allowable interest payment shall be deemed to be a direct interest in the Company's income, and not as interest.

### 6) Consequences of Default

Upon the occurrence of any Event of Default, as defined in the Revenue Sharing Agreement:

6.1 Any unpaid amounts under section 2 shall bear interest at one and one-quarter percent (1.25%) per month;

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6.2. Purchaser may immediately demand from Company an amount equal to the Maximum Payment Amount minus the aggregate of all payments made by the Company to Purchaser under this Note, including payments made by the Company pursuant to section 2.3; and

6.3. Purchaser may exercise any other remedy available in the Revenue Sharing Agreement or by law.

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# EXHIBIT B

## REVENUE SHARING AGREEMENT

This Revenue Sharing Agreement is entered into by **SEVEN POINT OF ILLINOIS LLC** (the “Company”) and each person who acquires a Revenue Sharing Note referencing this Revenue Sharing Agreement (a “Holder”). Background A. The Company sold Revenue Sharing Notes (the “Notes”) to the Holders through Mainvest, Inc. (the “Portal”) at www.Mainvest.com (the “Site”). B. This Revenue Sharing Agreement sets forth certain terms applicable to the Notes that are not set forth in the Notes themselves. NOW, THEREFORE, acknowledging the receipt of adequate consideration and intending to be legally bound, the parties hereby agree as follows:

#### 1. Application of this Revenue Sharing Agreement to Notes

The terms of this Revenue Sharing Agreement shall apply to each Note as if the terms of this Revenue Sharing Agreement were fully set forth in each Note.

#### 2. Pro Rata Payments

Payments to the Holders shall be pro rata with other Holders who purchased Notes in the same offering, based on the Principal Amount of each such Note. If a Holder receives a payment in excess of his, her, or its pro rata share, the excess shall be deemed to be held in trust for the benefit of other Holders.

#### 3. Form of Payments

All payments of principal and interest on the Notes will be made in U.S. dollars in such method as the Company may determine. The Company may utilize personal checks and/or third party financial applications. These sources may subject repayments to additional fees or risks, and will be subject to any applicable terms and conditions.

#### 4. Withholding

If any withholding tax is imposed on any payment made by the Company to a Holder pursuant to a Note, such tax shall reduce the amount otherwise payable with respect to such payment. Upon request of the Company, the Holder shall provide the Company with an Internal Revenue Service Form W-9 or other similar withholding certificate of a State, local or foreign governmental authority such that the Company may make payments under the Note without deduction for, or at a reduced rate of deduction for, any tax.

#### 5. Voting Rights

Ownership of a Note does not give the Holder the right to vote or otherwise participate in the management of the Company.

#### 6. Restrictions on Holders

No Holder may, under any circumstances (i) take any action to collect a Note, except as provided in this Revenue Sharing Agreement; or (ii) record, or try to record, a Note or any other instrument relating to a Note.

#### 7. Transfers of Notes

##### 7.1. Conditions on Permitted Transfers

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In the event a Holder proposes to sell or transfer a Note, the Company may, but shall not be required to, impose reasonable conditions on such sale or transfer including, but not limited, to: (i) Notes may be transferred only in whole units, i.e., fractions of Notes may not be transferred; (ii) the transferee shall agree in writing to be bound by this Revenue Sharing Agreement; (iii) the transferor shall provide the Company with an opinion of counsel, satisfactory in form and substance to the Company's counsel, stating that the transfer is exempt from registration under the Securities Act of 1933 and other applicable securities laws; and (iv) the transferor and transferee shall together pay in advance for any reasonable expenses the Company expects to incur in connection with the transfer, including attorneys' fees.

## 7.2. First Right of Refusal

### 7.2.1. In General

In the event a Holder (the 'Selling Holder') desires to sell or otherwise transfer one or more Notes (the 'Transfer Notes') to a third party, he, she, or it shall notify the Company, specifying the Note(s) to be transferred, the purchase price, the form of consideration, and all other material terms, as well as a copy of the legally-binding, non-contingent agreement setting forth such terms (the 'Sales Notice'). Within thirty (30) days after receipt of the Sales Notice, the Company shall notify the Selling Holder whether the Company or a person designated by the Company elects to purchase all (but not less than all) of the Transfer Notes. If the Company has not elected to purchase all of the Transfer Notes within the thirty (30) day period described above, the Selling Holder may proceed with the sale to the proposed purchaser, subject to section 5.1. If the Company does not elect to purchase the Transfer Notes within the thirty (30) day period described above, and the Selling Holder and the purchaser subsequently agree to a reduction of the purchase price, a change in the consideration from cash or readily tradeable securities to deferred payment obligations or non-tradeable securities, or any other material change to the terms set forth in the Sales Notice, such agreement between the Selling Holder and the purchaser shall be treated as a new offer and shall again be subject to this section.

### 7.2.2. Exception

This section 7.2 (the Company's first right of refusal) will not apply to a transfer by a Holder to or for the benefit of the Holder's spouse, child, or grandchild, or to a trust for their exclusive benefit. However, the transferee must sign a document agreeing to be bound by all of the terms and conditions of this Revenue Sharing Agreement, and the transferee may not transfer the Note under this section 7.2.2.

## 8. No Security Interest

Holders shall have no security interest in any of the Company's assets or other collateral. Nothing in this Revenue Sharing Agreement or in the Notes, express or implied, shall be construed to constitute a security interest under the Uniform Commercial Code or similar legislation, now in effect or hereafter enacted and made effective, in any jurisdiction.

## 9. Subordination

Each Note shall be subordinated to all indebtedness of the Company to banks, commercial finance lenders, leasing and equipment financing institutions and/or other institutions regularly engaged in the business of lending money.

## 10. Amendment

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Each Note and this Revenue Sharing Agreement may be amended with the written consent of (i) the Company, and (ii) Holders who own more than fifty percent (50%) of all such Notes issued in the same offering.

### 11. No Pre-Emptive Rights

If the Company raises more capital following the offering in which the Notes were issued, the Company might offer to Holders the opportunity to invest, but will not be required to do so. This means the Holders do not have 'pre-emptive rights' to invest.

### 12. Waivers

The Company hereby waives presentment for payment, demand, notice of dishonor, protest and notice of protest of this Note and all other notices in connection with delivery, acceptance, performance, default or enforcement of the payment of this Note. Liability hereunder shall be unconditional and shall not be affected in any manner by any indulgence, extension of time, renewal, waiver, or modification consented to by Holders.

### 13. Defaults and Remedies

#### 13.1 Events of Default

An 'Event of Default' shall be deemed to have occurred for purposes of this Revenue Sharing Agreement if (and only if):

13.1.1. The Company fails to pay to a Holder any amount due and such failure continues for thirty (30) days following written notice to the Company; or

13.1.2. The Company files (i) a voluntary petition in bankruptcy; or (ii) a petition or an answer seeking reorganization or an arrangement with creditors, or to take advantage of any insolvency, readjustment of loan, dissolution or liquidation law or statute; or (iii) an answer admitting the material allegations of a petition filed against the Company in any proceeding under any such law; or

13.1.3. An order, judgment, or decree is entered, without the consent of the Company, by any court of competent jurisdiction, appointing a receiver, trustee, or liquidator for the Company, if such order, judgment or decree shall continue unstayed and in effect for a period of sixty (60) days; or

13.1.4. The Company is in default with respect to any other of its debt obligations; or

13.1.5. The Company becomes unable to pay its debts as they become due; or

13.1.6. The Company breaches any of its obligations under this Revenue Sharing Agreement and such breach remains uncured for ninety (90) days following written notice.

#### 13.2 Force Majeure

An Event of Default shall not be deemed to have occurred as a result of a breach or failure by the Company is such breach or failure is caused by Acts of God, government restrictions (including the denial or cancellation of any export or other necessary license), wars, insurrections and/or any other cause beyond the reasonable control of the Company; provided that the Company shall give Holders written notice explaining the cause and its effect in reasonable detail. Dates by which performance obligations are scheduled to be met will be

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extended for a period of time equal to the time lost due to any delay so caused.

### 13.3. Consequences of Default

#### 13.3.1. Notice

Upon the occurrence of an Event of Default, the Company shall provide written notice to all Holders (a “Notice of Default”). The Notice of Default shall (i) describe the circumstances surrounding the Event of Default, (ii) reference the need for the Holders to appoint a Representative pursuant to section 12.3.2 below, and (iii) be accompanied by (A) a copy of this Revenue Sharing Agreement, and (B) a list of all of the Holders, the email address of each Holder on file with the Company, and the original Principal Amount with respect to each Holder’s Note.

#### 13.3.2. Appointment of Representative

##### (a) Selection

Upon the occurrence of an Event of Default, a single representative shall be appointed to represent all of the Holders (the “Representative”). The Representative (i) may, but need not, be a Holder; (ii) shall not be affiliated with or related to the Company; and (iii) shall be selected by the Holders as follows:

1. For a period of up to twenty (20) business days following the Notice of Default, the Holders shall confer among themselves as to the appointment of a Representative.
2. If at any time during such twenty (20) day period, the Holders of a majority of the Notes, measured by the original Principal Amount of each such Note (a “Majority”), agree as to the appointment of a Representative, that person shall be the Representative.
3. (3) If, at the conclusion of such twenty (20) day period, no Representative has been appointed by a Majority, each Holder shall submit the name of up to three (3) persons such Holder would accept as the Representative.
4. (4) With each name appearing on any Holder’s list there shall be associated a number equal to the total principal amount outstanding of all Notes held by Holders whose lists included such name.
5. (5) The person whose name is associated with the largest number shall be appointed as the Representative.

##### (b) Authority of Representative

The Representative shall have the power, on behalf of each Holder, to pursue such remedies as may be available by law and pursuant to this Revenue Sharing Agreement, for the purpose of maximizing the return to the Holders as a group, and to settle the claims of each Holder on such terms as the Representative may determine in its sole and unlimited discretion, subject to the other provisions of this Revenue Sharing Agreement. The Representative may pursue such remedies notwithstanding that the Representative does not have physical possession of the Notes and without naming the Holders as parties.

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#### (c) Power of Attorney

Upon the appointment of a Representative, each Holder shall be deemed to have granted to the Representative a limited Power of Attorney for the purpose of carrying out such Representative's responsibilities under this Revenue Sharing Agreement. Each Holder shall, upon the request of the Representative, execute such additional documents and instruments as may be reasonably necessary to confirm such limited Power of Attorney and otherwise carry out the purposes of this Revenue Sharing Agreement.

#### (d) No Separate Claims

No Holder may bring any claim against the Company to enforce the payment obligation evidenced by a Note. All such claims may be brought only by the Representative, acting on behalf of, and in the name of, each Holder, in accordance with the provisions of this Revenue Sharing Agreement.

#### (e) Release of Claims by Holders

Each Holder hereby releases the Representative for all claims arising from the Representative's performance of its services pursuant to this Revenue Sharing Agreement, except and to the extent that a Holder can demonstrate by clear and convincing evidence that such act or omission constituted gross negligence or intentional misconduct.

#### (f) Fees and Expenses of Representative

The reasonable fees and costs of the Representative, including but not limited to reasonable attorneys' fees, shall be the obligation of the Company, and shall be added on to the amount otherwise payable with respect to the Notes, and no Holder shall be obligated to pay such fees or costs directly; provided, however, that following an Event of Default, any further payments made by the Company shall first be used to pay the reasonable fees and costs of the Representative, and not to make any payments with respect to the Notes, and if any Holder shall receive any payment with respect to his, her, or its Note before all of the reasonable fees and costs of the Representative have been paid, such Holder shall promptly pay such amount to the Representative.

#### (g) Resignation of Representative

A Representative may resign at any time by giving notice to the Company and all of the Holders of the Notes at least thirty (30) days before such resignation is to become effective. Upon the resignation of a Representative, a replacement shall be selected by the affirmative vote of Holders holding a majority of the Notes, measured by outstanding principal amount. If such Holders have not selected a replacement Representative within sixty (60) days following the effective date of the resignation, then Portal may, at any time, by giving notice to the Company and all of the Holders, designate a replacement Representative who shall not be related to or affiliated with Portal or the Company.

#### (h) Termination of Representative

The services of a Representative may be terminated at any time by the affirmative vote of Holders holding a majority of the Notes, measured by the outstanding

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principal amount with respect to each such Note, but only if they simultaneously appoint a replacement Representative.

#### 13.4. Remedies

Upon the occurrence of an Event of Default, the Holders shall be entitled to any remedy that may be available by law and as set forth in the Note itself. However, the Representative shall not, without the affirmative written consent of a Majority, exercise the remedy set forth in section 6.2 of the Notes (an “Acceleration”)

#### 13.5. Payments Deemed Held in Trust

Any Holder who receives a payment on a Note while an Event of Default remains in effect with respect to such Note in excess of the amount such Holder should have received shall be deemed to be holding such excess in trust for the benefit of other Holders and the Representative, and shall return such excess on demand.

#### 13.6. Forbearance Not a Waiver

If a Holder or the Representative delays in exercising or fails to exercise any of its rights under a Note or this Revenue Sharing Agreement, that delay or failure shall not constitute a waiver of any rights or of any breach or default. No waiver by a Holder or the Representative shall be effective unless the waiver is expressly stated in a writing signed by the Holder or the Representative, as the case may be.

#### 13.7. Termination of Default

An Event of Default shall be deemed to have been terminated upon the earliest to occur of:

13.7.1. The date the Representative and the Company enter into a settlement of all claims; or

13.7.2. If an Acceleration has not been authorized by the Holders, the date the Company has paid (i) to the Holders, all payments due through such date; and (ii) to the Representative, all the fees and expenses described in section 12.3.2(f); or

13.7.3. If an Acceleration has been authorized by the Holders, the date the Company has paid (i) to the Holders all payments due through such date; and (ii) to the Representative, all the expenses described in section 12.3.2(f); but only if a Majority agrees to annul the demand for Acceleration.

#### 13.8 Waiver of Past Defaults

A Majority may, by notice to the Representative, waive an existing Event of Default and its consequence. When an Event of Default is waived, it is deemed cured, but no such waiver shall extend to any subsequent or other Event of Default or impair any consequent right.

### 14. Miscellaneous

#### 14.1. Electronic Delivery

All communications from the Company to Holders, including but not limited to all tax forms, shall be via electronic delivery.

#### 14.2. Notice

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Any notice or document required or permitted to be given under this Revenue Sharing Agreement may be given by a party or by its legal counsel and shall be deemed to be given on the date transmitted by overnight delivery service or by email with written confirmation of receipt, to the address of the Company set forth in the Company's Form C, to the address of a Holder provided by the Holder at the Site, or such other address as a party may designated by notice complying with this section.

#### 14.3. Payments

All payments of principal and interest on the Notes will be made in U.S. dollars in such method as the Company may determine. The Company may utilize personal checks and/or third party financial applications. These sources may subject repayments to additional fees or risks, and will be subject to any applicable terms and conditions.

#### 14.4. Governing Law

This Revenue Sharing Agreement and each Note shall be governed by the internal laws of Massachusetts without giving effect to the principles of conflicts of laws. Each Holder hereby (i) consents to the personal jurisdiction of the Massachusetts courts or the Federal courts located in or most geographically convenient to Essex County, Massachusetts, (ii) agrees that all disputes arising from this Agreement shall be prosecuted in such courts, (iii) agrees that any such court shall have in personam jurisdiction over such Holder, (iv) consents to service of process by notice sent by regular mail to the address used by the Holder to register at the Site and/or by any means authorized by Massachusetts law, and (v) if such Holder is not otherwise subject to service of process in Massachusetts, agrees to appoint and maintain an agent in Massachusetts to accept service, and to notify the Company of the name and address of such agent.

#### 14.5. Titles and Captions

All article, section and paragraph titles and captions contained in this Revenue Sharing Agreement (like 'Titles and Captions' in this section) are for convenience only and are not deemed a part of the context hereof.

#### 14.6. Days

Unless specified otherwise, any period of days mandated under a Note or this Revenue Sharing Agreement shall be determined by reference to calendar days, not business days, except that any payments, notices, or other performance falling due on a Saturday, Sunday, or federal government holiday shall be considered timely if paid, given, or performed on the next succeeding business day.

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**Attachment 2:** `sevenpoint_offmoca2.pdf`

SEVEN POINT.

## OFFERING MEMORANDUM

facilitated by

![img-0.jpeg](img-0.jpeg)

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# SEVEN POINT OF ILLINOIS LLC

## FORM C

### OFFERING MEMORANDUM

#### Purpose of This Form

A company that wants to raise money using Regulation Crowdfunding must give certain information to prospective investors, so investors will have a basis for making an informed decision. The Securities and Exchange Commission, or SEC, has issued regulations at 17 CFR §227.201 listing the information companies must provide. This form - Form C - is the form used to provide that information.

Each heading below corresponds to a section of the SEC’s regulations under 17 CFR §227.201.

#### (A) The Company

| Name of Company | SEVEN POINT OF ILLINOIS LLC |
| --- | --- |
| State of Organization | IL |
| Date of Formation | 10/29/2019 |
| Entity Type | Limited Liability Company |
| Street Address | 3360 N Elston Ave, Chicago IL, 60618 |
| Website Address | www.sevenpoint.org |

#### (B) Directors and Officers of the Company

| Key Person | amy lee |
| --- | --- |
| Position with the Company | Title COO First Year 2019 |
| Other business experience (last three years) | Founder and COO (Seven Point of Illinois LLC, 2019 - Present); Founder and COO (Seven Point Growing of Illinois LLC, 2020 - Present); Founder and COO (Harvard Grow LLC, 2020 - Present); Founder and Director of Patient Education (Seven Point Dispensing of Michigan LLC, 2019 - Present); |

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- **Founder and Director of Marketing** (COVID Diagnostics PLLC, 02/2021 - 06/22);
- **School Social Worker** (*UCAN South*), *October 2021 - Present*); Assessment and Service Planning, Therapeutic Intervention, Planning and Organization, Building Relationships and Networks, Documentation and Reporting.
- **Curriculum Developer** (Behavior Change INC), 03/2019-10/2021, Assist with the development of presentations and other material used for trainings.
- **Director of Patient Education** (Seven Point Medical Dispensary), 2/2015 - 2/2019, Trained staff in operational procedures consistent with the Compassionate Use of Medical Cannabis Pilot Program, medical cannabis recommendation guideline protocols, diversity, and other relevant educational topics, hosted community-based interactive educational events, and provided medical cannabis education to physicians & other health care professionals.

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| Key Person | Brad Zerman |
| --- | --- |
| Position with the Company | Title CEO First Year 2019 |
| Other business experience (last three years) | List any other titles and dates of positions held (with this business or other employers) during the past three years with an indication of job responsibilities. For example: • Founder and CEO (Seven Point of Illinois LLC, 2019 - Present) • Founder and CEO (Seven Point Growing of Illinois LLC, 2020 - Present) • Founder and CEO (Harvard Grow LLC, 2020 - Present) • Director (Illinois Independant Craft Grower Association 07/2022 - Present) • Founder and CEO (Seven Point Dispensing of Michigan LLC, 2019 - Present) • Founder and CEO (COVID Diagnostics PLLC, 02/2021 - 06/22); • Founder and CEO (Seven Point Medical Cannabis Dispensary, 09/2014 - 02/2019); • Founder and CEO (Qualtex Corporation/Sky Processing, 1993-2019; • Director (Medical Cannabis Alliance of Illinois 2015 - 2019); |

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| Key Person | DEBRA GERMAN - MOORE |
| --- | --- |
| Position with the Company | Title Founder First Year 2019 |
| Other business experience (last three years) | Founder and Director , (Seven Point of Illinois LLC), 2019 - Present; Adult-use dispensary conditional licensee; Founder, President & CEO , (Moore Security, Inc.), February 2004 - Present, Accountable for compliance with all state laws as it pertains to private security contractors and responsible for directing office operations, hiring personnel, accounting, marketing and negotiation of service contracts. |

| Key Person | OZZIE PORTER |
| --- | --- |
| Position with the Company | Title Founder First Year 2019 |
| Other business experience (last three years) | Founder and Director , (Seven Point of Illinois LLC), 2019 - Present; Adult-use dispensary conditional licensee; Fire Fighter ; (Chicago Fire Department, Engine Company 121 Truck 40,1724 W 95th St, Chicago); 2004-Present; Founder, CEO, Construction Manager ; (Present Porter Global Enterprises, LLC, Chicago, IL); 2016-Present; Rehabs single and multi-family residential buildings for rent or resale to the public and manages and leases properties to organizations renting to wards of the State of Illinois. |

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# (C) Each Person Who Owns 20% or More of the Voting Power

| Name of Holder | % of Voting Power (Prior to Offering) |
| --- | --- |
| Brad Zerman | 30% |

# (D) The Company's Business and Business Plan

# Intended Use of Funds

Seven Point requires additional funding to support the design plan & buildout, along with a number of other professional fees. Seven Point's designer Nina Grondin, a Partner and co-founder of Curioso in Chicago, will focus on creating meaningful, smart physical space for the community to enjoy.

- Professional Fees: Cannabis attorney and CPA to assist company with creating and finalizing its dispensary operations and financial plans and communicating this to the state regulators
- Exterior Design: Curioso design firm (to add creative design style to architecture). Architect hired separately
- Architect: Seven Point is working with a local area Architect to design the structure and create construction drawings for new construction building to house the dispensary
- Murals: Seven Point has identified local Danville-area mural artists to collaborate with Seven Point team designing and creating murals on the dispensary property

# Validation: Seven Point - Oak Park

Seven Point Oak Park was considered one of the most successful cannabis dispensaries in Illinois as indicated by patient count, robust educational programing, and the multiple articles in the media focused on physical design of the dispensary, customer experience, and Brad's entrepreneurial success

- Seven Point's marketing strategies as well as participating in festivals, fairs, and other community events proved to be highly successful with Seven Point in Oak Park.
- Seven Point Oak Park maintained the largest menu of products in the state, as stated by Illinois Dept of Financial and Professional Regulation
- Seven Point in Oak Park was highly coveted by multi-state cannabis companies and was sold to MedMen in February 2019

# The Location: Seven Point - Danville Property

Brad Zerman acquired .88 acres of land right off Interstate 74 to build a structure to house the dispensary. Our property is the closest Adult-Use Cannabis dispensary to Indianapolis.

- All necessary zoning approvals from the City of Danville for a dispensary have been received.
- The property is located right next to several hotels/motels and will then be the closest dispensary to the state line of Indiana and to Indianapolis.
- In the spring of 2023, a new Golden Nugget casino will open with a 41,500 sf gaming floor, 20,000 sf of restaurant space, including Saltgrass Steak House, and a 640 car parking lot.

# Our Story

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After having lost her father to an aggressive form of lung cancer in 2013 and with his only relief being the cannabis oil that Amy Lee prepared for him, Lee contacted Brad Zerman, Seven Point Founder and CEO, to become involved in his forthcoming Oak Park, Illinois-based medical cannabis dispensary as the Director of Research and Education. Deeply understanding the multiple benefits of the cannabis plant, a passion to educate patients and the community with high-quality, evidence-based cannabis science, and the desire to provide customers with exceptional customer service is what inspired the most robust educational programming of any medical cannabis dispensary. We maintained the largest and most diverse menu of products and the fastest patient count growth rate within the first three months of operation. This competitive and unique edge is what separates Seven Point from its competition. The fusion of Zerman's astute entrepreneurial skills, history of successful launching of businesses and keen eye for detail, and Lee's personal connection with cannabis, her clinical social work and community engagement background, and curriculum development expertise, is essentially what earned the Seven Point team this opportunity to open an Adult-use Cannabis Dispensary in Danville, Illinois.

## The Team

### Brad Zerman, Founder & CEO

Brad Zerman founded Seven Point-Oak Park, one of the first 55 Illinois medical cannabis dispensary licensees, in 2014 where he was CEO for 5 years. The company was sold in 2019 to a publicly traded company. Mr. Zerman is also the founder of Seven Point of Massachusetts, Inc. and anticipates his first adult-use dispensary to open this year, with cultivation opening late 2023. Zerman was also recently awarded two Illinois Craft Grower licenses, two Illinois Transportation licenses, and an adult-use dispensary license in Danville, IL, near a new casino at the Indiana state line.

Zerman is also currently a pre-qualified applicant by the state of MI and approved by the City of Berkley to operate a marijuana retailer located at 28557 Woodward Ave., Berkley, MI. Zerman has extensive experience successfully doing business in highly regulated industries. He was a Director of the Illinois Cannabis Industry Association and founding Director of the Medical Cannabis Alliance of Illinois (currently CannaBizIL). Zerman was recently elected to the Board of Directors of the Illinois Independent Craft Growers Association. He presents at local level planning meetings, such as the McHenry County Council of Governments, to offer his invaluable insight into zoning for cannabis dispensing organizations, security, operations, and community benefits of cannabis regulation.

Zerman is the founder and CEO of COVID Diagnostics, a drive up and park COVID testing facility, which operated for 17 months located in Northbrook, Illinois. Zerman was also founder and CEO of Qualtex Corporation (dba Sky Processing), which was based in Chicago, prior to its sale, with ATM locations throughout the US and Puerto Rico. Sky Processing was one of Puerto Rico's largest independent operators of ATMs and had dispensed over $5 billion in cash withdrawals since 2000. The ATM operations industry is considered 'cash intensive' and requires strict adherence to numerous reporting guidelines, licensing, compliance, regulations, and oversight. For example, for 20 years, Sky Processing regularly submitted detailed reports to its sponsoring financial institutions and the Federal Financial Institutions Examination Council (FFIEC) regarding the 2200 individual ATM locations, including the source of funds and ownership of all cash held within the individual vaults of each ATM. These reports share similarities to the

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established reporting requirements of a cannabis dispensary in most regulated states. Zerman has 25 years of experience designing and implementing sophisticated security and risk mitigation practices. Zerman previously designed and manufactured secure outdoor-rated ATMS through his brand Qualtex. As an operator of more than 2200 ATMs, processing more than 6 million transactions per year, Zerman securely handled sensitive cardholder and customer data, including debit card numbers, credit applications, background checks, social security numbers and other personal data. Mr. Zerman has a proven and longstanding history of properly safeguarding customer data and other information. In addition, Zerman has extensive experience in the broader payment processing industry and oversaw all Sky Processing vendor relationships with transaction processors, vault cash providers, and national armored carriers. This background and his relationships within the armored carrier and payments industries and experience in the cannabis industry will be essential to running successful future cannabis operations. Given his extensive experience in the payments industry, Zerman will be a capable leader who can navigate many of the pending payment and banking issues facing the cannabis industry. Zerman was also the founder and CEO of Midwest Bancard Corporation, a regional independent sales and service organization providing credit card processing services to merchants located primarily in Illinois and Michigan. The company was sold in 2005 to a publicly traded company. Zerman and family live in Chicago with two daughters who are both attending universities.

Amy Lee, Founder & COO

Amy Lee, LCSW is an experienced contributor to the evolving world of cannabis. She spent years assisting hundreds of patients in a medical cannabis dispensary setting in Oak Park, providing medical cannabis education to the community, physicians, and other health care professionals. She has attended medical cannabis trainings including CannMed 2016 and 2017, and has completed professional medical cannabis certificate training programs including the University of Vermont Medical Cannabis Professional Certificate, Medical Cannabis Training Certificate through Healer, and The Medical Cannabis Training Institute. Amy has facilitated support groups and hosted a variety of educational events focused on utilizing cannabis therapeutically.

After receiving her Master's in Social Work, Amy worked as a bilingual School Social Worker for six years. She was then recruited by the IL-PBIS Network (now the Midwest PBIS Network), a statewide training and coaching organization, providing training and coaching to school principals, clinicians, teachers and other professionals in the application of social, emotional and behavioral sciences. Amy's social work background and her intensive medical cannabis studies, coupled with her daily interactions, provide her with invaluable knowledge, insight, and a unique perspective on effectively integrating cannabis into one's life. Additionally, Amy provided coaching and consultation to loved ones battling conditions that were alleviated through her support.

Beth Ann Berger Zerman, Director of Compliance and General Council

Ms. Berger Zerman will oversee regulatory compliance, risk management and government relations for the entity. Ms. Berger Zerman is also a Partner in the Chicago office of the law firm Lewis Brisbois Bisgaard & Smith LLP, a firm with more than 1300 lawyers and 47 offices coast to coast. She has been practicing law for more than 25 years.

Ms. Berger Zerman has more than 25 years of experience representing both public and private companies in a broad variety of industries. Ms. Berger Zerman serves as outside general counsel for a range of companies, including those in industries such as insurance, financial, media, importing and technology. Ms. Berger Zerman counsels her clients on insurance coverage and

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business matters, and negotiates on their behalf regarding transactions and legal relationships. Ms. Berger Zerman is also an experienced litigator with a string of successes nationwide. She represents her corporate and insurance clients in legal disputes including lawsuits, arbitrations and mediations.

Ms. Berger Zerman is a former Director of Litigation for a Chicago-based national property, casualty and specialty lines insurer. In that position she focused on regulatory concerns and oversight of litigation against health care industry professionals. During Law School, Ms. Berger Zerman was selected as a Judicial Extern for the Honorable Harry D. Leinenweber, United States District Court for the Northern District of Illinois.

Eric German, Founder, Co-Security Director

Founder and President of E.G. Security Services, Inc., a security guard company and a Disabled Veteran owned and minority owned business. Eric consults with Seven Point on the hiring and utilization of on-site security guards.

Communications Radio Operator for the Marine Corps Base Hawaii, Kaneohe Bay HI

Debra Moore German, Founder, Co-Security Director

Founder & CEO of Moore Security, Inc, a security guard company and a minority- and woman-owned business (MBE / WBE / DBE supplier). Debra consults with Seven Point on the hiring and utilization of on-site security guards.

Debra holds a Master of Management & Public Service from DePaul University

Shane Miller, PharmD, Founder, Director of Dispensing

Shane is currently a pharmacist at Blessing Health Services in Quincy, IL

Brings public awareness of the effects of CBD through education. Interests include researching cannabis, the molecular compounds the plant yields, and the effects of various concentrations and routes of administration. Shane consults with Seven Point on safe dispensing practices.

Presents to medical professionals and the public about the uses, benefits, and challenges regarding the medical use of CBD and cannabis.

Shane's strong advocacy of cannabis and its role in harm reduction is rooted in a life-changing event in which Shane's brother-in law became addicted to harsh drugs, ended up in prison, and lost custody of his child. Shane and his wife adopted the child, so he is well cared for, but Shane can't stop thinking about how different his brother-in-law's trajectory might have been had cannabis been legal at the time of his brother-in law's heavy drug addiction. Shane is confident that his brother-in law and child would not have suffered as much.

Vanessa Dotson, Founder, Hospitality Consultant

Vanessa has over 5 years experience in restaurant management and sales throughout the Chicagoland area. Vanessa is ready to consult with Seven Point on development of an on-premise cannabis consumption lounge Seven Point has been lobbying the City of Danville to approve.

Founding member of Stericycle's equity and inclusion group

Seven Point previously held cannabis education events in the restaurant in which Vanessa

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managed, Nandos Peri Peri, and was our liaison for coordinating the food and space at our education events

Vanessa earned an Associates Degree in Applied Sciences

Renee Lugo, Founder, Diversity & Inclusion Consultant

Renee is currently a Program Specialist with the American Bar Association in Chicago where she manages day to day organization and implementation of several projects, including planning and budgets. Renee consults with Seven Point on its current Social Equity and Diversity practices at every level, including ownership, management, staffing, and vendors.

Renee oversees the Diversity Initiatives such as the Men of Color Project and Embracing Diversity.

Ozzie Porter, Founder, Fire Suppression Consultant

Ozzie has been a Chicago Fire Fighter since 2004

Ozzie was a Wrestling Coach and Mentor with Beat the Streets in Chicago. The Beat the Streets Wrestling Program (BTS Chicago) has been dedicated to improving the lives of children and has helped hundreds of Chicago's youth for over 20 years to build character, discipline and self-esteem through their participation in the great sport of wrestling. Ozzie consults with Seven Point on fire prevention and suppression.

Nina Grondin, Director of Design

Nina Grondin is a Partner and co-founder of Curioso in Chicago, where she focuses on creating meaningful, smart projects that impact the way humans interact with physical space. She approaches each project from a business perspective but with a storyteller's eye, constantly looking to evoke an emotive human connection.

Nina's relationship with the restaurant and hospitality industry has been enduring and deep rooted. With a degree in business administration an economics Nina began her career in financial marketing, but her path quickly led her to hands-on operational experience, a third degree in design and early work experience focused on strategic design planning for a number of brands. This background gives Nina a unique appreciation and knowledge of the industry's day-to-day flow with a business-minded eye that views design as a creative opportunity for grassroots community building. Because community engagement is at the core of Nina's business principles, she is proud to be a member of the Metropolitan Pier and Exposition Authority (MPEA) Board of Directors. In this role, Nina leverages her experience to help bring trade shows, conventions and public events to Chicago as part of an ongoing effort to strengthen the state and city economies.

Luther Syas, Founder, Drug Education & Prevention Consultant

Luther is a Community Outreach Specialist for Prevention Partnership's Communication Campaign for Healthy Lifestyles. This organization provides drug and alcohol prevention education to the students in Chicago Public Schools

Currently the Director of Outreach Westside Heroin/Opioid Task Force

Luther will consult with Seven Point and assist in developing its drug prevention program and partnerships.

Edwin Reyes, Founder, Community Outreach Consultant

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Edwin is a Native Chicagoan who has worked for the City of Chicago, The County of Cook, the State of Illinois and is a proud United States Air Force Veteran.

Edwin Reyes held the position of Chicago District Community Violence Prevention Officer, developed curriculum for Gang Avoidance Initiative Network (GAIN) and served as Instructor for this city-wide initiative.

Served as Lead Instructor for (GAIN) at several CPS high schools to reduce gang activity in the high schools and surrounding communities.

The Opportunity: Seven Point - Illinois-Danville

An opportunity to invest in an independent, Social-Equity-owned cannabis company, located in Danville, Illinois - one half mile from the Indiana border.

- We are seeking all types of investors and hoping the residents of our host city, Danville, Illinois and Vermilion County in addition to neighboring Indiana state residents will join our venture by investing and growing with us.
- CEO has strong experience starting and operating multiple businesses, including an early round Illinois medical cannabis dispensary
- CEO had previous successful exit in cannabis industry selling prior dispensary at highest price of any IL dispensary at the time in 2019

For more information, please refer to the Page View included with this filing.

(E) Number of Employees

The Company currently has 1 employees. The Company may hire or discharge employees in the future to meet its objectives.

(F) Risks of Investing

A crowdfunding investment involves risk. YOU SHOULD NOT INVEST ANY FUNDS IN THIS OFFERING UNLESS YOU CAN AFFORD TO LOSE YOUR ENTIRE INVESTMENT. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. Please review the Educational Materials for risks that are common to many of the companies on the MainVest platform.

THESE SECURITIES ARE OFFERED UNDER AN EXEMPTION FROM REGISTRATION UNDER FEDERAL LAW. THE U.S. SECURITIES AND EXCHANGE COMMISSION (THE "SEC") HAS NOT MADE AN INDEPENDENT DETERMINATION THAT THESE SECURITIES ARE EXEMPT FROM REGISTRATION. THE SEC HAS NOT PASSED UPON THE MERITS OF THE SECURITIES OR THE TERMS OF THE OFFERING, AND HAS NOT PASSED UPON THE ACCURACY OR COMPLETENESS OF THE OFFERING DOCUMENTS OR LITERATURE.

THESE SECURITIES HAVE NOT BEEN RECOMMENDED OR APPROVED BY ANY FEDERAL OR STATE SECURITIES COMMISSION OR REGULATORY AUTHORITY. FURTHERMORE, THESE AUTHORITIES HAVE NOT PASSED UPON THE ACCURACY OR ADEQUACY OF THIS DOCUMENT.

Please refer to Appendix A for additional risks to consider when investing in this offering.

(G) Target Offering Amount and Offering Deadline

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| Target Offering Amount | $20,000 |
| --- | --- |
| Offering Deadline | January 23, 2023 |

If the sum of the investment commitments does not equal or exceed the Target Offering Amount as of the Offering Deadline, no securities will be sold in the offering, investment commitments will be canceled, and all committed funds will be returned. The Company may extend the Offering Deadline and shall treat such an extension as a material change to the original offer and provide Investors with notice and opportunity to reconfirm their investment in accordance with Section (K) of this Memorandum.

#### (H) Commitments that Exceed the Target Offering Amount

| Will the Company accept commitments that exceed the Target Offering Amount? | Yes |
| --- | --- |
| What is the maximum you will accept in this Offering? | $124,000 |
| If Yes, how will the Company deal with the oversubscriptions? | We will accept subscriptions on a first-come, first-served basis. |

#### (I) How the Company Intends to Use the Money Raised in the Offering

The Company is reasonably sure it will use the money raised in the offering as follows:

| Use | Amount (Minimum) | Amount (Maximum) |
| --- | --- | --- |
| Equipment - Security System | $0 | $70,000 |
| Fixtures - Product Displays | $8,650 | $15,000 |
| Fixtures - Product Shelving | $10,000 | $15,000 |
| Art Installation - Exterior Mural Art | $0 | $15,630 |
| Mainvest Compensation | $1,350 | $8,370 |
| TOTAL | $20,000 | $124,000 |

The amounts listed estimates and are not intended to be exact description of the Company's expenditures. Exact allocation and use of funds may vary based upon legitimate business expenditures and economic factors.

#### (J) The Investment Process

##### To Invest

- Review this Form C and the Campaign Page
- If you decide to invest, enter an amount and press the Invest button

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• Follow the instructions

# TO CANCEL YOUR INVESTMENT

Send an email to info@mainvest.com no later than 48 hours before the Offering Deadline or go to the dashboard for your user account to cancel manually. In your email, include your name and the name of the Company.

# Other Information on the Investment Process

• Investors may cancel an investment commitment until 48 hours prior to the Offering Deadline.
• MainVest will notify investors when and if the Target Offering Amount has been raised.
• If the Company reaches the Target Offering Amount before the Offering Deadline, it may close the offering early if it provides notice about the new Offering Deadline at least five business days before such new Offering Deadline, absent a material change that would require an extension of the offering and reconfirmation of the investment commitment.
• If an investor does not cancel an investment commitment before the 48-hour period before the Offering Deadline, the funds will be released to the Company upon closing of the offering and the investor will receive securities in exchange for his or her investment.

For additional information about the investment and cancellation process, see the Educational Materials.

# (K) Material Changes

In the event the issuer undergoes a material change, the Investor will be notified of such change. The investor will have five (5) business days from the receipt of such notice to reconfirm their investment. IF AN INVESTOR DOES NOT RECONFIRM HIS OR HER INVESTMENT COMMITMENT WITHIN FIVE (5) DAYS OF THE NOTICE OF MATERIAL CHANGE BEING SENT, THE INVESTOR'S INVESTMENT COMMITMENT WILL BE CANCELLED, THE COMMITTED FUNDS WILL BE RETURNED, AND THE INVESTOR WILL NOT BE ISSUED ANY OF THE SECURITIES REFERENCED IN THIS OFFERING.

# Explanation

A “material change” means a change that an average, careful investor would want to know about before making an investment decision. If a material change occurs after you make an investment commitment but before the Offering closes, then the Company will notify you and ask whether you want to invest anyway. If you do not affirmatively choose to invest, then your commitment will be cancelled, your funds will be returned to you, and you will not receive any securities.

# (L) Price of the Securities

The Company is offering “securities” in the form of revenue sharing notes, which we refer to as “Notes.” The Notes are being offered at their face amount. For example, you will pay $1,000 for a Note with a face amount of $1,000.

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## (M) Terms of the Securities

### Overview

The Company is offering “securities” in the form of revenue sharing notes, which we refer to as the “Notes.” The Terms of the Notes are set forth in the Revenue Share Agreement accompanying this Form C in Appendix A. Copies of the Note and Revenue Sharing Agreement are attached to this Form C.

### Summary of Terms

| Revenue Percentage 1 | 0.16 - 1.0% 2 |
| --- | --- |
| Payment Deadline | 2025-12-31 |
| Maximum Payment Multiple 3 - Early Investors - All Other Investors | 1.6 x 1.4 x |
| Sharing Start Date | The first day after disbursement that the company has revenues greater than one ($1) dollar |
| First Payment Date | The last day of the calendar month ending not more than thirty days after the end of the first calendar year after the Sharing Start Date |
| Seniority | Subordinated |
| Securitization | Unsecured |
| Accrual Rate | 2.9% |

$^{1}$ as defined in the note agreement included in Appendix A

$^{2}$ The rate of revenue sharing is calculated on a linear scale with a minimum rate of 0.16% and a maximum rate of 1.0% and is rounded to the nearest 1/10th percent. The final rate is based on the amount raised and is calculated after the offering has successfully closed. As the amount raised in the offering increases, the rate of revenue sharing increases. For example, a hypothetical offering could result in the following revenue sharing percentages, depending on the amount raised:

| Amount Raised | Revenue Sharing Percentage |
| --- | --- |
| $20,000 | 0.16% |
| $46,000 | 0.37% |
| $72,000 | 0.6% |
| $98,000 | 0.85% |
| $124,000 | 1.0% |

$^{3}$ To reward early participation, the investors who contribute the first $22,500.0 raised in the offering will receive a 1.6x cap. Investors who contribute after $22,500.0 has been raised in the offering will receive a 1.4x cap.

### Your Right to Payments under the Note

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Your right to payments under the Note is set forth in the Note, together with a separate document called the Revenue Sharing Agreement. Copies of the Note and Revenue Sharing Agreement are attached to this Form C. Additionally, general terms are outlined below and in the Company's offering page.

# Obligation to Contribute Capital

Once you pay for your Note, you will have no obligation to contribute more money to the Company, and you will not be personally obligated for any debts of the Company. However, under some circumstances you could be required by law to return some or all of a distribution you receive from the Company.

# No Right to Transfer

You should plan to hold the Notes until maturity. The Notes will be illiquid (meaning you might not be able to sell them) for at least four reasons:

- The Revenue Sharing Agreement prohibits the sale or other transfer of Notes without the Company's consent.
- If you want to sell your Note the Company will have the first right of refusal to buy it, which could make it harder to find a buyer.
- Even if a sale were permitted, there is no ready market for Notes, as there would be for a publicly-traded stock.
- By law, for a period of one year you won't be allowed to transfer the Investor Shares except (i) to the Company itself, (ii) to an "accredited" investor, (iii) to a family or trust, or (iii) in a public offering of the Company's shares.

# Security

The Notes are not secured by any assets of the Company or any assets of persons associated with the Company.

# Modification of Terms of Notes

The terms of the Notes and the Revenue Sharing Agreement may be modified or amended with the consent of Investors holding 50% of the Notes, measured by the total amount outstanding under each Note.

# Other Classes of Securities

| Name of Security | Limited Liability Company Membership Interests |
| --- | --- |
| Number of Shares Outstanding | N/A |
| Describe Voting Rights of These Securities, Including Any Limitations on Voting Rights | MANAGER MANAGED |
| How these securities differ from the revenue sharing notes being offered to investors | Limited Liability Company Interests are an equity interest, whereas Revenue Sharing Notes are a debt obligation of the Company. |

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### Dilution of Rights

The Company has the right to create additional classes of securities, both equity securities and debt securities (e.g., other classes of promissory notes). Some of these additional classes of securities could have rights that are superior to those of the Notes. For example, the Company could issue promissory notes that are secured by specific property of the Company.

### The People Who Control the Company

Each of these people owns 20% or more of the total voting power of the Company:

| Name of Holder | % of Voting Power (Prior to Offering) |
| --- | --- |
| Brad Zerman | 30% |

### How the Exercise of Voting Rights Could Affect You

You will receive payments with respect to your Note only if the Company makes enough money to pay you, or, if the Company does not make enough money to pay you, if there is enough value in the collateral the Company pledged as security for the Notes.

The people with voting rights control the Company and make all the decisions about running its business. If they make good business decisions, it is more likely you will be paid. If they make poor business decisions, it is less likely you will be paid. For example, if they hire too many people and/or try to expand too quickly, the business could be harmed. The people with voting rights could also decide to file for bankruptcy protection, making it more difficult for you to be paid.

### How the Notes are Being Valued

The Notes are being valued at their face value. We don't anticipate that we'll ever need to place a value on the Notes in the future.

### (N) The Funding Portal

The Company is offering its securities through MainVest, Inc., which is a 'Funding Portal' licensed by the Securities and Exchange Commission and FINRA. MainVest Inc.'s Central Index Key (CIK) number is 0001746059, their SEC File number is 007-00162, and their Central Registration Depository (CRD) number is 298384.

### (O) Compensation of the Funding Portal

Upon successful funding of the Offering, the Funding Portal will receive as the 'Revenue Securement Fee'; 4.5% of the amount of the Offering raised by In-Network Users of the Platform plus 9.0% of the amount of the Offering raised by all other investors. 'In-Network Users' means a user of Mainvest.com who who have utilized the Company's specified in-network link on the Site.

### (P) Indebtedness of the Company

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| Creditor | Amount | Interest Rate | Maturity Date | Other Important Terms |
| --- | --- | --- | --- | --- |
| BRAD ZERMAN | $304,027 | 12% | 08/31/2025 | N/A |

#### (Q) Other Offerings of Securities within the Last Three Years

The Company has not made any offerings with other third-party regulation crowdfunding companies in the past three years.

#### (R) Transactions Between the Company and “Insiders”

CEO Brad Zerman has acquired certain real property with plans to construct a “white-box” structure and lease to the company, at market rates, to conduct retail operations of the company.

#### (S) The Company’s Financial Condition

No operating history

Seven Point was established in November 2018. Accordingly, there are limited financial statements and information for investors to review. When evaluating this investment opportunity, investors should consider factors outlined in the risk section as well.

Other outstanding debt or equity

As of August 30, 2022, Seven Point has debt of $304,326 outstanding and a cash balance of $824. This debt is sourced primarily from CEO Brad Zerman and will be senior to any investment raised on Mainvest. In addition to Seven Point’s outstanding debt and the debt raised on Mainvest, Seven Point may require additional funds from alternate sources at a later date.

Historical milestones

Seven Point has no operations as of August 2022; however Seven Point has achieved the following milestones to-date:

- Seven Point is the Social Equity Justice Involved Lottery winner for the Danville BLS Region;
- Selected Site Location for new construction adult-use cannabis dispensary in Danville, Illinois (Seven Point’s location is the closest adult-use dispensary to Indianapolis, Indiana; also Golden Nugget Casino opening .5 miles from Seven Point up the road with 640 car parking lot);
- Received Danville City Council Special Permit to open an adult-use dispensary and to locate within 1500 feet of existing adult-use dispensary, “Sunnyside;”
- Received new street address from USPS - 380 Eastgate Drive;
- Seven Point submitted its Notice of Proper Zoning Form and other documentation (Exhibit B to the Conditional License Application) to the Illinois Dept. of Professional Regulation;
- Seven Point affiliated companies, “Harvard Grow” and “Seven Point Growing of Illinois LLC,” were each awarded IL Craft Grower licenses and enable those companies to grow cannabis and manufacture any and all cannabis infused products determined by the Company;

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- Seven Point affiliated company, Seven Point Growing of Illinois LLC was awarded a Transportation license, which will be used to transport wholesale cannabis products to IL dispensaries and other cannabis business licensees involved in collaboration with Seven Point;
- Seven Point has already agreed with Cresco CEO to purchase wholesale cannabis products from Cresco and to work with Cresco to increase the overall cannabis market in Danville. Cresco is the largest cannabis company in the U.S. and their dispensary brand, "Sunnyside," is located across the street from Seven Point;
- CEO Zerman provided a 45 minute informational presentation, with Q and A, to the Danville Mayor and City Council on cannabis consumption lounges at the April 5, 2022 City Council meeting. The matter has not yet been taken for a vote. Zerman will begin discussions with the City Planner/City Council again once the dispensary is operational.

Historical financial performance is not necessarily predictive of future performance.

# (T) The Company's Financial Statements

Please see Appendix B for historical financial statements.

# Pro Forma Income Statement

In order to illustrate its future earning potential, the Company has provided a summary of its - year financial forecast. The forecast has been developed by the Company using reasonable best efforts based on their understanding of the industry and market they wish to enter. Please refer to Section (F) of this Offering Memorandum for a list of the risks associated with an investment in the Company and utilizing any pro forma provided by the Company for making investment decisions.

|  | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
| --- | --- | --- | --- | --- | --- |
| Gross Sales | $6,359,063 | $23,384,050 | $29,925,000 | $30,224,250 | $30,526,493 |
| Cost of Goods Sold | $3,811,387 | $13,628,259 | $17,269,610 | $17,449,958 | $17,632,262 |
| Gross Profit | $2,547,676 | $9,755,791 | $12,655,390 | $12,774,292 | $12,894,231 |
| EXPENSES |  |  |  |  |  |
| Total Operating Expenses | $1,130,660 | $2,837,243 | $2,898,564 | $2,956,311 | $3,015,421 |
| Operating Profit | $1,417,016 | $6,918,548 | $9,756,826 | $9,817,981 | $9,878,810 |

# (U) Disqualification Events

Neither The Company nor any individual identified by Section 227.503(a) of Regulation Crowdfunding is the subject of a disqualifying event as defined by Section 227.503 of Regulation Crowdfunding.

# Explanation

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A company is not allowed to raise money using Regulation Crowdfunding if certain designated people associated with the Company (including its directors or executive officers) committed certain prohibited acts (mainly concerned with violations of the securities laws) on or after May 16, 2016. (You can read more about these rules in the Educational Materials.) This item requires a company to disclose whether any of those designated people committed any of those prohibited acts before May 16, 2016.

#### (V) Updates on the Progress of the Offering

To track the investment commitments we’ve received in this Offering, click to see the Progress Bar.

#### (W) Annual Reports for the Company

The Company will file a report with the Securities and Exchange Commission annually and post the report on our website no later than 120 days after the end of each fiscal year. It’s possible that at some point, the Company will not be required to file any more annual reports. We will notify you if that happens.

#### (X) Our Compliance with Reporting Obligations

The Company has never raised money using Regulation Crowdfunding before, and therefore has never been required to file any reports.

#### (Y) Other Information Prospective Investors Should Know About

Because Banks may not be willing to do business with a cannabis entity for the reasons discussed above, any repayments owned under the Revenue Sharing Note will be fully administered by the Company likely not processed by a financial institution. This means it is unlikely that the Company will be able to provide payments via ACH returns, and may need to rely on other sources, such as personal checks and/or third party financial applications. This other sources may subject repayments to additional fees or risks, and will be subject to any applicable terms and conditions

The Issuer may offer “Perks” as a means of showing appreciation to investors for supporting small community businesses. The offering of “Perks” by issuers is done purely on a voluntary basis and have no influence upon the terms of the Offering. As such, Investor “Perks” are not contractual conditions governed by “the Note” and are not enforceable under “the Note”.

Additional Information Included in the Form C

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|  | Most recent fiscal year-end (tax returns) | Prior fiscal year-end (tax returns) |
| --- | --- | --- |
| Total Assets | $0 | $0 |
| Cash & Cash Equivalents | $0 | $0 |
| Accounts Receivable | $0 | $0 |
| Short-term Debt | $0 | $0 |
| Long-term Debt | $0 | $0 |
| Revenues/Sales | $0 | $0 |
| Cost of Goods Sold | $0 | $0 |
| Taxes Paid | $0 | $0 |
| Net Income | $-216,853.00 | $-191,955.24 |

Jurisdictions in which the Company intends to offer the securities:

AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY, B5, GU, PR, VI, 1V

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### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM C

### UNDER THE SECURITIES ACT OF 1933

### Issuer Information

**Is this an amendment?** Yes

**Nature of Amendment:** Issuer is amending the target investment amount. Issuer is also amending the terms and the use of funds. Lastly, Issuer is extending the deadline to make an investment.

**Name of Issuer:** SEVEN POINT OF ILLINOIS LLC

**Legal Status:** Limited Liability Company

**Jurisdiction of Incorporation/Organization:** IL

**Date of Organization:** 10-29-2019

**Physical Address:** 3360 N ELSTON AVE, CHICAGO, IL, 60618

**Issuer Website:** http://www.sevenpoint.org

**Is there a Co-Issuer?:** No

**Intermediary Name:** MainVest, Inc.

**Intermediary CIK:** 0001746059

**Intermediary File Number:** 007-00162

### Offering Information

**Compensation to Intermediary:** MainVest will be paid Four and one half (4.5) Percent of the amount of the Offering raised by "In-Network Users" of the Platform plus Nine (9) Percent of the amount of the Offering raised by all other investors.

**Financial Interest in Issuer:** MainVest, Inc. owns no interest in the Company, directly or indirectly, and will not acquire an interest as part of the Offering, nor is there any arrangement for MainVest, Inc. to acquire an interest.

**Type of Security Offered:** Debt

**Price per Security:** $1.00

**Method for Determining Price:** The Notes are being valued at their face value. We don't anticipate that we'll ever need to place a value on the Notes in the future.

**Target Offering Amount:** $20,000.00

**Oversubscription Accepted:** Yes

**Oversubscription Allocation Type:** First-come, first-served basis

**Maximum Offering Amount:** $124,000.00

**Deadline to Reach Target Amount:** 01-23-2023

### Annual Report Disclosure Requirements

**Current Number of Employees:** 12.00

**Total Assets (Most Recent Fiscal Year):** $0.00

**Total Assets (Prior Fiscal Year):** $0.00

**Cash & Cash Equivalents (Most Recent Fiscal Year):** $0.00

**Cash & Cash Equivalents (Prior Fiscal Year):** $0.00

**Accounts Receivable (Most Recent Fiscal Year):** $0.00

**Accounts Receivable (Prior Fiscal Year):** $0.00

**Short-Term Debt (Most Recent Fiscal Year):** $0.00

**Short-Term Debt (Prior Fiscal Year):** $0.00

**Long-Term Debt (Most Recent Fiscal Year):** $0.00

**Long-Term Debt (Prior Fiscal Year):** $0.00

**Revenues/Sales (Most Recent Fiscal Year):** $0.00

**Revenues/Sales (Prior Fiscal Year):** $0.00

**Cost of Goods Sold (Most Recent Fiscal Year):** $0.00

**Cost of Goods Sold (Prior Fiscal Year):** $0.00

**Taxes Paid (Most Recent Fiscal Year):** $0.00

**Taxes Paid (Prior Fiscal Year):** $0.00

**Net Income (Most Recent Fiscal Year):** $-216,853.00

**Net Income (Prior Fiscal Year):** $-191,955.24

**Jurisdictions Offered:**

ALABAMA, ALASKA, ARIZONA, ARKANSAS, CALIFORNIA, COLORADO, CONNECTICUT, DELAWARE, DISTRICT OF COLUMBIA, FLORIDA, GEORGIA, HAWAII, IDAHO, ILLINOIS, INDIANA, IOWA, KANSAS, KENTUCKY, LOUISIANA, MAINE, MARYLAND, MASSACHUSETTS, MICHIGAN, MINNESOTA, MISSISSIPPI, MISSOURI, MONTANA, NEBRASKA, NEVADA, NEW HAMPSHIRE, NEW JERSEY, NEW MEXICO, NEW YORK, NORTH CAROLINA, NORTH DAKOTA, OHIO, OKLAHOMA, OREGON, PENNSYLVANIA, PR, RHODE ISLAND, SOUTH CAROLINA, SOUTH DAKOTA, TENNESSEE, TEXAS, UTAH, VERMONT, VIRGINIA, WASHINGTON, WEST VIRGINIA, WISCONSIN, WYOMING

### Signatures

**Issuer:** SEVEN POINT OF ILLINOIS LLC

**Signature:** Brad Zerman

**Title:** Owner and CEO

---

**Signature:** Brad Zerman

**Title:** Owner and CEO

**Date:** 01-12-2023