Bearer shares of Federico Paris

BEARER SHARES of Federico Paris

ORDER THE BEARER SHARES

PRESS RELEASE
 
FEDERICO PARIS: THE OPTION OF RECAPITALISATION IS LAUNCHED
Fixed the unit subscription price in Euro 40.
Milan, November 8 2019 – Federico Paris, an artist listed on the art market, in execution of the recapitalization resolution passed by the Extraordinary Shareholders’ Meeting of January 1, 2019, has determined the final terms of recapitalization with unorthodox and experimental financial instruments. The capital increase through recapitalisation is mainly aimed at supporting the acceleration of the creative/industrial plan, in particular as regards territorial expansion, the conquest of Asian markets and the achievement of the objectives underlying the creative/industrial plan, such as the creation of increasingly important works and the completion of the S.A.S. project and other stand-by projects. This will allow Federico Paris to become the leading artist in the sector of the development of innovative artistic communication ideas with the consequent achievement of significant levels of profitability deriving both from the sale of works and from the sale of shareholdings. The company has planned to issue up to a maximum of 2000 Federico Paris ordinary shares with no par value at a price of Euro 40 per share (including taxes), for a total value of up to Euro 80,000. The Shares are to be considered as limited edition works and the image of the share is made by hand by the artist in engraving techniques and stencils with a maximum circulation of 100 pieces, the shares have a size of 21×25 cm. The shares can be purchased on the website www.federicoparis.com/azioni
 
CONCEPT
 
Art is a capital investment, culture is an alibi. (Ennio Flaiano)
 
Federico Paris is quoted on the stock exchange!
for fake but in a serious way
 

Art and finance have always had an indissoluble bond, no great artist of the past would ever have produced the masterpieces that we admire today, if some patron had not financed them. Patronage moved by the most diverse motivations, such as the desire to make clear their power, good investment, and perhaps even the love for art. Even if this is more true for the past, today good investment probably counts more. Well aware that nowadays making money has become perhaps the most creative part of the artist’s work, Federico Paris, in his ironic vision, has launched himself into high finance. He has produced two thousand bearer actions on which appears his self portrait dressed in a barcode shirt and bearing wolf of finance ears. A simple, explicit but also banal iconography explaining how Federico Paris has become a product that should be sold in the best possible way. The self-portraits are all hand-made in stencils and lithographic techniques on a pre-printed piece. The shares are of course not true because Paris is not listed on the stock exchange, but they are limited series numbered and signed, and they respond to the same mechanisms as bearer shares, since their value is susceptible to increases based on market demand and how much collectors are willing to pay for them. This project can be linked to a form of crowdfunding, where the small capitals of many contribute to the creation of large works, or large artistic projects. The biggest partner of this project is PressUp, a giant online digital company that has been sponsoring Paris for several years. A company certainly driven by a passion for art as well as a great intuition for investment.

DISCLAIMER:

The Federico Paris joint-stock company does not exist and this is not a real action, you will not be able to join the board of directors of the aforementioned company. This action gives neither privileges nor particular rights, but it is a limited edition work linked to an artistic/financial/creative project and like all works of art its value is susceptible to market demand and to what collectors are willing to pay to have it (just like a real action), the money of this action will be invested to make sure that the aforementioned purchases as much value as possible, which will only happen if the artist Federico Paris can realize as many projects as possible. This is a crowdfunding operation.

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