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Security Type
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Debt
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Categories
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Technology, Education, Communication & Media, Community & Lifestyle, Sports & Fitness
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Min Investment
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$250
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Offering Date
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November 05, 2021
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Expected Close Date
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April 30, 2023
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Target Raise
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$100.00K-$1.07M
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No. Investors
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31
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Security Price
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$1.75
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Valuation
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$87,890,000
- Number of Employees
- 2
- Cash
- $1,947
- Revenue
- $9,450
- Short Term Debt
- $761,504
- Cost of Goods
- $22,102
- Long Term Debt
- $2,254,210
- Net Income
- $-771,089
Company Description
Our solution is a “Private Labeled Training Portal” and course platform that includes “Required courses,” “Study Skills courses” and “Life Skills courses.” In order to offer schools a low cost solution, QCI utilizes a Sponsorship Advertising Revenue Program.
Key Deal Facts
Proven management w/ a previous successful venture & IPO that sold for $220M = to a 1,100% return
Responding to School's and District's need for anti-bullying, hazing, cyber-bullying etc. training
To-date revenues are over $1.5M & growing with each new licensed school/district/youth club
Recognition of and exposure to the Teenage Market w/over $265 Billion in direct & indirect spending
Successful development/launch of QuickClass High School platform, required & supplemental courses
Have signed some of the top athletic & academic Calif. High Schools to long term license agreements
Recognition of value of teenage metadata, analysis & use in conjunction w/ advertising industry
Recognition of value of teenage metadata, analysis & use in securing H.S. sponsorship advertisers
Management Team / Advisory Board Bios
Michael Miramontes, Founder, President & QuickClass Investor
Founder's last project returned over 1,200% to initial investors beginning with an initial raise @ $1.50 per share, IPO @ $9.00 per share and a sale one year later to a Fortune 50 Company at $18.25 per share or $220 M in an all-cash-transaction.
Dr. Carlos Beharie, MD, MBA, Corporate Board Member & QuickClass Investor
CEO /Citrus OBGYN Medical Associates Inc. Former Senior Vice President and Acting Chief Medical Officer HIP(Health Insurance Plan) of New York , Responsible for the Care Management and Behavioral Health functions for over 800,000 HMO members.
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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The value of the company compared to similar companies raising money from investors.
Valuation
Security Description
Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.
