II Transatlantic

II Transatlantic

Visual Communications Franchise System

Print
Security Type
Preferred Stock
Categories
Other
Min Investment
$500
Location
San Diego, CA
Offering Date
February 28, 2019
Expected Close Date
May 01, 2019
Target Raise
$10.00K-$1.07M
Deal Notes

Purchase Price of Security Offered: $1.00

Valuation
$6,985,000

Company Description

Instant Imprints provides everything you need to promote your brand and enhance your visibility, “how you are seen." We offer Custom T-shirts, Embroidery, Signs, Banners, wide format printing, promotional products, and digital document services.

Perks

10% Bonus for StartEngine Shareholders

Use of Proceeds

Intermediary Fee: 6%

Admin & Legal: 12%

Operations: 80% - 12%

Additional Management: 0% - 25%

Advertising & Development: 0% - 25%

E-Commerce Projects: 0% - 7.5%

Balance Sheet Improvement: 0% - 21%

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments made to suppliers; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments. For example, we currently have outstanding notes payables and interest payable which totals $ 36,000 per month. This will decline to $ 15,783 as of December 2019 While Management believes that this payment level can be met, in the unlikely event it can not be met, it would mean that $ 100,000 of the expected raise in Capital would have to be used to pay off one short term loan.

Management Team / Advisory Board Bios

Ralph Askar - PRESIDENT, CEO, DIRECTOR & SHAREHOLDER
With a proven record of accomplishments as one of Mail Boxes Etc.® & The UPS Store's most successful multiple Area Franchisee and International Master Licensee, Ralph brings 28+ years of franchising experience to Instant Imprints®. He headed the domestic and International franchise development departments as Vice President at Mail Boxes Etc. Mr. Askar acquired the global parent company of Instant Imprints® in 2011 and he is currently the President and CEO of II TRANSATLANTIC INC., (the parent company for Instant Imprints and related subsidiaries).

Mr. Askar has been CEO and the company’s largest shareholder since 2011 when the brand was acquired. He spearheaded the idea of creating a new holding company (U.S. corporation - II Transatlantic Inc.) that would own all company Intellectual property and brands in 2015. At this time his shares (as the key shareholder) and those of the other shareholders were exchanged from Canada to the U.S. Corporation. Mr. Askar has been involved with the Corporation and its brand “Instant Imprints” and subsidiaries since 2007 when he was appointed CEO of II CA Inc (the current Canadian subsidiary). In 2011 he was appointed CEO of No Frill Franchising Inc. (NFFI). IN 2015 he was appointed CEO of the Corporation II Transatlantic Inc.

Currently there are two home offices one in Burlington, Ontario Canada and one in San Diego, California.

Deal Notes

Purchase Price of Security Offered: $1.00

Amount Raised : $27,500
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments