Alan Sporn
Mission Viejo, CA (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
CortiSlim International, Inc.
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Startup
Location:
Laguna Niguel
Industry:
Healthcare
Year Founded:
2010
Number Employees:
1-10 people
Business Stage:
Mature
Entity Type:
"C" Corporation
Description:
CortiSlim, a prominent and well recognized brand of nutritional dietary supplements is now reintroduced to the market under new management with the next generation of science-based, innovative and well researched formulations that will build on the prior sales exceeding $420 million. The CortiSlim brand was previously "#1 DRTV campaign in health & well-being for 53 weeks" (Jordan Whitney Report).
New management's focus is regaining its market share of revenues previously generated by the former company. The financial success of CortiSlim's brand has come from Direct Response.
We believe that CortiSlim is uniquely qualified to succeed as an investment opportunity for the following reasons:
- $61 billion U.S. weight loss market
- The CortiSlim brand is one of the most recognized brands in the industry
- Over $105 Million previous spent on media and brand recognition
- Over 1.8 million direct response customers
- Unique, science-based formulas with strong clinical data
- Historically strong profit margins and earning potential
- High quality ingredients with full food GMP compliance
- Leverage-able consumer products platform poised for growth through brand extension and international expansion
- Extensive media plan and media team with extensive industry / brand building experience.
- Committed management and media team with extensive industry / brand building experience
- Potential for growth in Canada, Spanish markets, Asia and India
- Large and growing industry with over two-thirds of Americans over the age of 20 considered overweight. In 2008, 1.5 billion adults, 20 and older, were overweight
The Company is seeking $5MIL of working capital consisting of either equity or convertible debenture with a synergistic equity/strategic partner who is aware of CortiSlim's high brand value and growth potential.