Sprocket Network, LLC a Subsidiary Co

Offeree_______________ SAMPLE WORK PRODUCT ONLY_____________ No. _______ PRIVATE PLACEMENT MEMORANDUM (Revised 12-14-17) Sprocket Network, LLC A Subsidiary Co. of Commonwealth Capital, LLC The Chicago Mercantile Exchange Bldg. 30 S. Wacker Dr. 22nd Floor Chicago, IL 60606 PARTICIPATING & CONVERTIBLE PREFERRED UNITS 6.75% Stated Cumulative Dividend 10% Participation of Net Income 10% Common Equity Conversion Callable: 12/31/2022 at 110% of Par Number of Price per Discounts & Commissions per Aggregate Discounts & Net Proceeds to Preferred Preferred Preferred Unit Commissions Issuer Units Unit 50,000 $100 $10.00 $500,000 $4,500,000 The Securities offered by this Private Placement Memorandum (“Memorandum”) are offered only to an unlimited amount of “accredited investors” only as defined in SEC Regulation D, Rule 501. Only these prospective investors are authorized to receive this Memorandum and participate in the offering. The Securities offered hereby have not been approved or disapproved by the Securities Exchange Commission, or any State’s Securities Bureau, nor have the foregoing authorities passed on the accuracy or adequacy of this Memorandum. Any representation to the contrary is a criminal offense. These securities may not be sold, transferred, or otherwise disposed of by an investor in the absence of an effective registration statement or an opinion of legal counsel that registration is not required. The securities are to be considered illiquid. No public market exists for these securities. Our Management cannot guarantee, warrant, or further assure that any type of liquid market will develop. The securities offered herein are to be considered high risk in nature. Private Placement Memorandum Dated: November 20, 2017. Offering expires January 15, 2018. 1 Table of Contents INTRODUCTORY STATEMENT ................................................................................................ 7 STATE RESTRICTIVE LEGENDS ............................................................................................ 12 NOTICE TO RESIDENTS OF ALL STATES: ........................................................................... 12 NOTICE TO ALABAMA RESIDENTS ...................................................................................... 13 NOTICE TO ALASKA RESIDENTS .......................................................................................... 13 NOTICE TO ARIZONA RESIDENTS ........................................................................................ 13 NOTICE TO ARKANSAS RESIDENTS .................................................................................... 13 NOTICE TO CALIFORNIA RESIDENTS .................................................................................. 14 NOTICE TO COLORADO RESIDENTS .................................................................................... 14 NOTICE TO CONNECTICUT RESIDENTS .............................................................................. 14 NOTICE TO DELAWARE RESIDENTS.................................................................................... 14 NOTICE TO FLORIDA RESIDENTS ......................................................................................... 14 NOTICE TO GEORGIA RESIDENTS ........................................................................................ 15 NOTICE TO HAWAII RESIDENTS ........................................................................................... 15 NOTICE TO IDAHO RESIDENTS ............................................................................................. 15 NOTICE TO ILLINOIS RESIDENTS ......................................................................................... 15 NOTICE TO INDIANA RESIDENTS ......................................................................................... 15 NOTICE TO KANSAS RESIDENTS .......................................................................................... 15 NOTICE TO KENTUCKY RESIDENTS .................................................................................... 15 NOTICE TO LOUISIANA RESIDENTS .................................................................................... 16 NOTICE TO MARYLAND RESIDENTS ................................................................................... 16 NOTICE TO MASSACHUSETTS RESIDENTS ........................................................................ 16 NOTICE TO MICHIGAN RESIDENTS...................................................................................... 16 NOTICE TO MINNESOTA RESIDENTS .................................................................................. 17 NOTICE TO MISSISSIPPI RESIDENTS .................................................................................... 17 NOTICE TO MISSOURI RESIDENTS ....................................................................................... 17 NOTICE TO NEBRASKA RESIDENTS .................................................................................... 17 NOTICE TO NEW HAMPSHIRE RESIDENTS ......................................................................... 17 NOTICE TO NEW JERSEY RESIDENTS .................................................................................. 18 NOTICE TO NEW MEXICO RESIDENTS ................................................................................ 18 NOTICE TO NEW YORK RESIDENTS..................................................................................... 18 2 NOTICE TO OHIO RESIDENTS ................................................................................................ 18 NOTICE TO OKLAHOMA RESIDENTS ................................................................................... 18 NOTICE TO OREGON RESIDENTS ......................................................................................... 18 NOTICE TO PENNSYLVANIA RESIDENTS ........................................................................... 18 NOTICE TO RHODE ISLAND RESIDENTS............................................................................. 19 NOTICE TO SOUTH CAROLINA RESIDENTS ....................................................................... 19 NOTICE TO SOUTH DAKOTA RESIDENTS ........................................................................... 19 NOTICE TO TENNESSEE RESIDENTS.................................................................................... 19 NOTICE TO TEXAS RESIDENTS ............................................................................................. 20 NOTICE TO VIRGINIA RESIDENTS ........................................................................................ 20 NOTICE TO WASHINGTON STATE RESIDENTS ................................................................. 20 NOTICE TO WISCONSIN RESIDENTS .................................................................................... 20 EXECUTIVE SUMMARY .......................................................................................................... 21 Structure of the Corporate Group ............................................................................................. 23 Expected Revenue Streams. ...................................................................................................... 24 Risk Mitigation Strategy ........................................................................................................... 24 Barriers to Entry - Current ........................................................................................................ 25 Barriers to Entry - Future .......................................................................................................... 26 Exit Strategy.............................................................................................................................. 27 Summary of the Offering. ......................................................................................................... 28 Qualified Accounts. .................................................................................................................. 30 THE CAPITAL MARKETS INDUSTRY.................................................................................... 31 Investment Banking. ................................................................................................................. 31 Crowdfunding ........................................................................................................................... 31 Venture Capital Industry ........................................................................................................... 32 THE COMPANY’S BUSINESS MODEL ................................................................................... 37 Commonwealth Capital Income Fund I, LLC as the Magnet ................................................... 37 Friction Free Capitalism™ as the Revolution .......................................................................... 39 New Business Network™ as the Facilitator ............................................................................. 40 The Sprocket Network™ as the Catalyst .................................................................................. 41 The Sprocket Blueprint™ as the Corp. and Social Engineering Mechanism ........................... 42 Corporate Engineering .............................................................................................................. 43 3 Financial Architect System™ as the VC Fund Screening Mechanism. ................................... 43 Financial Architect™ Components. .........................................................................................

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