Colossal Inc

Colossal Inc

Every year 8000 veterans commit suicide. We aim to drastically reduce that number

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Security Type
Other
Categories
Other
Min Investment
$25
Offering Date
September 11, 2019
Expected Close Date
December 10, 2019
Target Raise
$20.00K-$107.00K
Deal Notes

$1.00 per share

$25000 pro rata right threshold

Company Description

Colossal Inc is a veteran founded company that develops innovative software with people in mind. SayScape is a social media platform designed for free expression, security focused, and user customization with a large focus on the veteran community.

Perks

$500+ for Receive a SayScape challenge coin and SayScape coffee mug for your favorite hot beverage.
$1,000+ Receive a SayScape challenge coin and SayScape coffee mug for your favorite hot beverage. A choice of any SayScape T-shirt in our online store.
$5,000+ Receive a SayScape challenge coin and SayScape coffee mug for your favorite hot beverage. A choice of any SayScape T-shirt in our online store. A framed flag with a signed certificate of appreciation from the Colossal Inc team.

Key Deal Facts

No other social media platform on the market like SayScape. Currently live on both Apple and Google app stores
Targeting a need for veteran suicide prevention
No direct competition in a large part of our target market.
Extremely high growth potential through additional private feeds (first responders)
Revenue potential through premium accounts, advertising, and health services are high
SayScape is the only full service platform with end-to-end encryption
No bias or censorship of lawful content
Investing in all future pipeline development by Colossal Inc

Use of Proceeds

SayScape Web Application Version Development: 35% 

Further Development of iOS and Android App: 20% 

Upgrade Features and Visual Customization of Mobile and Web Applications: 15% 

Marketing and Promoting SayScape: 10% 

Research and Development for Future Projects in Colossal pipeline outside of SayScape: 10% 

Retained As Cash On Hand for Unforeseen Expenses: 2.5% 

Wefunder Intermediary Fees: 7.5%

Management Team / Advisory Board Bios

Chris Santos
CEO
Masters in Business (MBA) Bachelors in Information Technology Security 20 years of service in the United States Air Force as both an F-15 avionics mechanic and IT specialist

Justin Wade
COO
Bachelors in Information Technology Networking/Security - 2019 Successfully started and maintained an Information Technology and Audio Visual company. Current with 10 + years of service in the United States Air Force as an IT specialist.

Alexia Santos
CTO
Computer Science Major Java development C++ Swift

Deal Notes

$1.00 per share

$25000 pro rata right threshold

Amount Raised : $22,750
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