Eliseo Acosta

Chicago, IL (USA)
Role(s):
Founder/Owner/Principal

A&M Inc.

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Location: Chicago
Industry: Sports/Recreation
Year Founded: 2007
Number Employees: 1-10 people
Business Stage: Growth (profitable)
Entity Type: "C" Corporation
Description: The Neck Sauna Belt subject: Looking for 6.0 Mil in Start up Capital to Fund Sports Business in Chicago, IL Date: 3/10/10 What make,s this neck belt Unique is for the simple fact that there is NO kind of weight loss equipment that will help to reduce the double neck ( turkey neck ) Of course there are all kinds of neck-belts that have vibrating and massage but they all are for the back part of the neck . That is why i had a patent search performed before I paid to have it patented . I first learned this when I tried to find a neck belt myself , with no avail . I am 5'5" and weigh 230 lb,s . I accomplished to loose 30 Lb,s by working out , but my neck still remained the same. also there is no exercise to work out to reduce the neck size . so that,s where I decided to make one myself , I now have it protected with a US patent , I have recently Just got the international patent Pending registered ID Number . With an ongoing problem in the front neck area other wise know as a turkey neck, or a double neck. This neck belt has heating and vibrating . The heat is targeted to the front of the neck with a synthetic leather material to help a person sweat and in the process will help to reduce the neck size (URL removed) other neck belts on the market all target the back part of the neck and are mostly for pain in the rear neck area. This is going to target the front neck area,, The heat to make him/her sweat , the vibrating is added for comfort , witch give,s the neck belt another advantage . as for stiff neck pain and discomfort . It comes with a rechargeable battery that can work on hi without having to charge it again for an hour. A&M Inc. is looking for $6.0 Mil in start up capital so that we can Launch our Sports business. A&M Inc. is located in Chicago, IL . I have Recently been approved for a U.S. T-Bill in the amount of 6.5 Mil to use as collateral For the Neck Sauna Belt . The Lender that will provide the Loan will be secure 100% by the structured Collateral Cash Instrument . The Lender will be in full possessionon of the collateral . I have included some other important details about the funding that we (URL removed) of right now , This is where i stand, we have two prospective buyers but they would only buy AFTER they see the product in an infomercial (URL removed) buyer has four hundred locations , I estimated that after a good infomercial get,s a lot of buyers from the public , the greater number of neck-belts that this buyer will perches for there four hundred location,s. If for instance they buy at least one hundred neck-belt,s for each store , that would come out to . 400 store,s x 100 = 40,000 neck belts. and that,s just ONE buyer. Financial Projections cost == Approximately 16.50 ea. x 40,000 = 660,000.00 ----------------------------------------Sale price 59.00 x 40,000.00 ====== 2,360,000.00 ( to public ) ---------------------- Minus our cost -- 660,000.00 = 1,700,000.00This is just one corporation with 400 locations. should they buy at least 100 belts for each location . of course they can but more or less This dus not include the cost to make the infomercial. A&M inc has recently signed into an NON EXCLUSIVE agreement with an independent company to sell the Neck Sauna Belt . Will be on the market soon.A&M Inc. is primarily interested in these funding sources, but will consider all inquiries:-Equity Funding (Venture Capital, Angel, Private Equity, etc.)Once fully funded, we intend to use this capital for these purposes:-Operating/Growth Capital (Payroll, Sales & Marketing, etc)If interested and would like to see bussiness plan feel free to reply or call. A&M inc. Eliseo Acosta 4326 S Rockwell Chicago,Ill,60632 (Phone # removed)