We have launched an IPO for BTCITCOIN for our start-up venture, AXIS Blinds. Shares can be purchased on CryptoStocks -
https://cryptostocks.comhttps://cryptostocks.com/securities/106Note: This is a long-term 3-5 year investment
Promotional Video: https://vimeo.com/81626882 AngelList Profile (product shots available):
www.angel.co/axis-blindsInvestor’s Deck: https://drive.google.com/file/d/0B1m7Ok6ebRn8b1pvSmliWVkyZEk/edit?usp=sharing IPO Financial Summary: https://drive.google.com/file/d/0B1m7Ok6ebRn8OXhvNkd4VDk2V1E/edit?usp=sharing
Company Information The first ever, portable roller blind that can fit any window size and can be installed in seconds without screws or nails!
AXIS is a window blinds design company with the mission to continually conceive, design, and develop new window blind products and components for the global market.
Customer Problem The largest consumer problem when purchasing window blinds is measuring their window size incorrectly, followed by the difficulty in installing the window blind. Student and renters who move frequently also have the issue of strict landlords who prohibit any wall damage from window blinds, hangers, etc. Big box stores that specialize in DIY (do-it-yourself) products face the problem of limited shelf space, and typically must stock multiple window blinds sizes that may consume shelf space and time.
Product & Solution The AXIS Blind is a patented, portable, re-usable window blind that is able to extend telescopically to fit multiple window sizes and does not require screws or nails to install. It can be installed within seconds, easily removed and moved from home to home; an ideal product for frequent movers who need not purchase new blinds every time they move, as well as less handy individuals. Because it has the ability to fit multiple window sizes, big box stores can stock the product that can cover a wide range of window blind sizes, thereby reducing the overall shelf space required for window blinds.
Target Market The window blind industry generates $11 billion in annual consumer purchases in both the custom blinds and DIY market in North America alone. The AXIS Blind will target the DIY market with young professionals, students and renters as primary consumer. There are over 22 million students in North America with more than half renting on-or-off campus. Additionally, new housing starts are prime targets, as many homes are purchased for the sole purpose of renting. There are over 42 million rented households in the US alone.
For more information about your business model and company status, please review our business pitch deck:
https://drive.google.com/file/d/0B1m7Ok6ebRn8b1pvSmliWVkyZEk/edit?usp=sharing Key Achievements & Milestones- Applied for three patents relating to various aspects of the AXIS Blind.
- Received $50,000 in Canadian Government FEDDEV grant for development of SLA prototype and initial design of the AXIS Blind. We worked with students and professors of Sheridan College to develop the AXIS Blind from idea to a tangible product.
- Developed multiple SLA prototypes, and one CNC prototype to prove functionality and allow for formal testing.
- Acquired expressions of interests and letters of intent from key players in the industry.
- Letter of Intents from 3 large window blinds manufacturers, based in the UK, Western Europe, and Australia
-Indications of Interest from IKEA and Home Depost
Why is AXIS Blinds raising BTC Funding? We are seeking to issue 1,000,000 shares at a price of 0.001BTC per share in order to raise a total of 1,000BTC. This will allow us develop a commercial prototype that reflects the final design and functionality of the AXIS Blind, purchase tooling and molds for manufacturing, and invest in the first 10,000 units of production, as well as provide capital for one years worth of operations.
A huge component of our sales strategy is developing an e-commerce website; one that specifically pushes and markets BitCoins as the preferred method of payment. This will allow us to reduce transaction costs, as well as target the young, tech savy individual. As our product’s primary target market is students, renters, and young professionals, we feel that our audience will be BitCoin paying customers. We hope the BitCoin community will support our project and help us change the world, together!
Issue Details AXIS Blinds is issuing 1,000,000 shares at a price of 0.001BTC per share, for a total fund raising round of 1,000BTC. Royalties are 15% of EBITDA (Earnings before interest, taxes, depreciation and amortization) on all unit sales of the AXIS Blind, and will be issued on a quarterly basis, on 18:00 EST on the last day of the following months: March, June, September, December), based on the EBITDA earnings of the previous quarter. Based on this figure, return on investment for the first year is negligible due to the large capital investment required to ramp up production; however, this will grow to 22% in year 2 to over 450% in year 5, and will continue into perpetuity.
Note: This is a long-term 3-5 year investment
For further details of our issue, please view our financial forecasts:
https://drive.google.com/file/d/0B1m7Ok6ebRn8OXhvNkd4VDk2V1E/edit?usp=sharing From our analysis, an investors return on investment will be small during the initial launch years (years 1 and 2); the returns will magnify by year 3-5 in which royalties will continue into perpetuity.
Why are we listing on CyptoStocks? CryptoStock provides a unique platform for start-up companies that have traction to raise additional financing without the cumbersome process of going through the politics of venture capital. We believe that BTC will be a dominant currency of the future and hope to capitalize on its growing trends and adoption in the world. By being first to offer consumers the ability to pay via BTC, our company will not only promote BitCoins, but will also be able to attract BTC paying customers. BTC paying customers only further the goal of maximizing shareholder wealth. With our proven track record of generating revenue, raising over $50,000 in government grants and funding, and generating jobs, we believe adding BTC as a form of payment is taking another innovative step forward to the progression of technology.
For questions and inquiries, please contact me at:
Trung Pham
Email:
trung@axisblinds.com www.axisblinds.com LinkedIN:
http://www.linkedin.com/company/axis-blinds AngelList:
https://angel.co/axis-blinds
