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Security Type
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Equity
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Min Investment
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$250
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Offering Date
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October 02, 2018
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Expected Close Date
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January 02, 2019
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Target Raise
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$10.00K-$1.07M
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Deal Notes
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- Maximum 5,350,000* shares of common stock ($1,070,000)
- *Maximum subject to adjustment for bonus shares. See 10% Bonus below
- Minimum 50,000 shares of common stock ($10,000)
Company Description
Personal Oxygen Consumption Wearable
Perks
$1,000+ $50 discount code to buy YOPI
$2,000+ $100 discount code to buy YOPI
$5,000+ Get YOPI
$10,000+ Get 2 YOPI + one year subscription to all YOPI training Modules
Use of Proceeds
The major components will be divided in percentages as follows:
R&D
- Developing the sensors 25%
- Developing the Electrical Circuit 15%
- Programing & Algorithms 30%
- Mechanical Design 15%
- Production Design 10%
- Prototype production %
- Other 5%
Marketing
- Running CF campaign 35%
- Supporting Initial Sales 35%
- PR General 20%
- Other 10%
Wages: 5-6 direct employees emplyed on a full time basis. Two of our employees, Mr. Alex Lahav and David Blu as a marketing manager for the sport team market, are based in our principal offices in the U.S., and the rest are based in Israel, with our Yopi R&D Team. None of our employees are represented by any collective bargaining agreement.
Management Team / Advisory Board Bios
Hemi Re'em
President, Director, and Co-Founder
Hemi is an experienced entrepreneur and manager with a wide skillset. He has 25 years of experience in managing, planning and implementing business and marketing strategies. He has served as the President and Co-Founder of Yopi since inception, in 2017. Prior to Yopi, Hemi worked for 3 years in Israeli defense systems as an R&D division manager.
Dr. Menachem Genut
CSO, Director, and Co-Founder
Menachem is a serial entrepreneur, senior manager and prolific innovator in the fields of Materials Science, Semiconductor Manufacturing, Chemistry, and Nanotechnology. He has served as the full-time CSO and Co-Founder of Yopi since inception, in 2017. He also serves as a part-time Chemical Safety Lecturer at Tel Aviv University since 2013 (5-10 hours a week.)
Deal Notes
- Maximum 5,350,000* shares of common stock ($1,070,000)
- *Maximum subject to adjustment for bonus shares. See 10% Bonus below
- Minimum 50,000 shares of common stock ($10,000)