Quickclass

Quickclass

Helping to prepare students for success in life

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Security Type
Debt
Categories
Technology, Education, Communication & Media, Community & Lifestyle, Sports & Fitness
Min Investment
$250
Location
Provo, UT
Offering Date
November 05, 2021
Expected Close Date
April 30, 2023
Target Raise
$100.00K-$1.07M
No. Investors
31
Security Price
$1.75
Valuation
$87,890,000
Website
quickclass.com
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.
Amount Raised : $244,400
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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.

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