Boaz Bike

Electric scooter sharing company that is focused on Safety. We cut operation expenses by 80% compared to our competitors with our state of the art scooter design. The ability to swap out dead batteries in less than 1 minute in the field compared to taking scooters home to charge. We inspect and monitor vehicles throughout the day to provide the highest quality shared vehicle on the market. We want to make sure that our users do not get injured while riding our vehicles. We are hoping to have an early exit in late 2021. We also hope to expand into 20-30 cites by mid 2021 and with the mass production of our newly designed scooter we plan to expand to 60-100 cities by the end of 2021. If a merger/buyout doesn't happen we hope over the next 3 years to be the #1 scooter shared provider worldwide based off the success of our new scooter in operation (patent pending). These projections cannot be guaranteed.  Patents will be owned by the company.

Invest $250+ for Shoutout video thanking you on our public network.
$500+ Virtual tour of the warehouse and meet the team.
$1,000+ $2 off every ride you take for the entire year.
$10,000+ Free ride for the entire year.
Invest $250+ for Shoutout video thanking you on our public network.
$500+ Virtual tour of the warehouse and meet the team.
$1,000+ $2 off every ride you take for the entire year.
$10,000+ Free ride for the entire year.

~$26K in monthly revenue in June, ~$32K in July, ~$34K in Aug & expected to do over ~$50K in Sept.
Over 90% of scooter riders in our target market prefer to ride a Boaz over our competitors.
Patent Pending on our new Model 3 vehicle which we expect to unveil early 2021
ZERO reported accidents in over 20K+ trips.
Currently have 3 City permits with plans to operate in 20+ cities by May 2021

Minimum

• Pay for and ship back 300 additional bikes -50%
• Working capital for the current 4 markets ~40%
• Safety net ~2.5%

Maximum

• Pay for and ship back 300 additional bikes ~7%
• Purchase of 1000  more bikes ~27.5%
• Expansion into 5 cities ~7.5% (2 months burn rate)
• Salary (CMO,CEO,COO,CFO) ~4.5% (4 months burn rate)
• Secured permits in 10 more cities ~10% (Including the expansion in 5 cities)
• Insurance ~12% (To cover 1500+ vehicles)
• Marketing (for all 8 markets) ~3.5% (2 months burn rate)
• Equipment (vans, helmets, replaceable parts, etc) ~5.5%
• Model 3 fully working prototype ~2.5%
• Updated mobile app ~7.5%
• Miscellaneous (safety net, etc) ~5%

Emil I NNANI - CEO
Been in the transportation industry for over 5 years. Serial entrepreneur who made his first $1 Million in sales at the age of 25.

Christiana Winfrey - COO
Help build early Uber in San Fransisco, help launch a company from $0 to $2Million annual revenue, acquired Apple, inc. as a customer to a co-founded start up with over 6000 users on launch day.

Cory Smith - CFO
Help lead SportsRecruits to their 1st year of profitability. Help startups raise millions in seed funding. Ran financials for a health care company with over $9 Billion in revenue.

Interest: 8%

Discount: 10%