Chris Nicolaidis

Carlsbad, CA (USA)
Role(s):
Active Funding Request

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C-Level Executive (CEO, CFO, etc.)

Stored Value Exchange

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Location: Encinitas
Industry: Technology/Web
Year Founded: 2010
Number Employees: 1-10 people
Business Stage: Growth (not profitable)
Entity Type: "C" Corporation
Description: TECHNOLOGY SOLUTION SVX provides a unique customer acquisition and retention program that enables gaming/entertainment establishments to convert their customers’ unused gift cards into premium credit that can be used at their destination. ADDRESSABLE MARKET - Gift card purchases surpassed $100B in 2011 - $300 of unused gift cards exists in average U.S. household - $10B in gift cards go unused each year - $40B is currently tucked away and out of circulation FINANCIAL PROFORMA - Gross Revenues in year 3 is expected to surpass $29M and exceed $91M in year 5 - Gross Profit in year 3 is expected to to surpass $6M and exceed $19M in year 5 - EBITDA in year 3 is $3M plus and $14M plus in year 5 TERMS OF INVESTMENT - Offering is for a maximum of $1M shares common stock at a price of $1 per share - 4,790,321 shares outstanding (fully diluted) - 17.27% of the company - Minimum investment is $25,000 CAPITALIZATION, USE OF PROCEEDS & EXIT - $600K on a pre-money valuation of $2.2M - Further IP development (6 patents already filed),Technology development, Business development and Initial pilot programs - Attractive acquisition candidate within 24 to 36 months TECHNOLOGY PLATFORM Technology that exchanges one form of stored value for another form(s) of value, AND adding value through the form of loyalty programs, and promotions that can increase the value proposition to the consumer PLATFORM FUNCTIONALITY - Integration of Clients’ custom marketing/promotional programs rules/specifications - Collection of physical/digital gift card numbers/codes - Gift card auction optimization - Collection, settlement, and transfer of funds - Extensive fraud detection and risk management - White label eCommerce or web-enabled solution - Mobile commerce solution INTELLECTUAL PROPERTY SVX has taken aggressive steps to protect its technology solution through 6 patent applications SCALABLE MARKETING PLATFORM - Online transfer of gift card value into credits/promotions - Access to large customer base via client CRM systems - Access to customers through client’s existing kiosks COMPETITIVE ADVANTAGE - Early entrant in a new $40B marketplace - Key supplier relationships in place - Inroads to secure agreements with the largest gaming enterprises in the U.S. - B2B solution designed specifically for destination points - 6 patent applications filed in 2010: can offer end-users more value than any other secondary market provider EXECUTIVE TEAM EXPERIENCE (AT&T, SONY, AOL, MySpace, Leap, BillMyParents, Oakley) - eCommerce and payment solutions - Large scale financial systems - Retail, internet, eCommerce and mobile commerce - Prepaid and stored value gift card programs - Liquidity success for investors