Jason Sims
Gilbert, AZ (USA)
Role(s):
Financial Angles
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Startup
Location:
Gilbert
Industry:
Telecommunications
Year Founded:
2006
Number Employees:
INVALID
Description:
Transtar Holdings Incorporated (THI) has developed proprietary distribution access to the World's top 5 cellular phone manufacturers (Nokia, Motorola, Samsung, Siemens, and Sony/Ericsson) and is seeking investment capital of $200M to be applied over a two-year investment horizon. The funds will be used to supply cellular phone products to a significantly under served portion of the expanding worldwide cellular phone market. In that regard, THI currently has signed letters of intent with key customers totaling over $700M per year and over 500K cellular phones per month. Pending purchase agreements totaling at minimum an additional $200M per year will be put in place once THI is in full operation. THI has a relationship with a collateral provider who will back the loan 100% plus all fees.