The Company plans to raise $3 million through the sale of 600,000 shares of its common stock, $0.001 per share par value, at the offering price of $5.00 per share. The contemplated offering, which will be effected through the sale of its equity securities as described in a Private Placement Memorandum (“PPM”) exempt from registration under the Securities Act of 1933 by reliance on exemption under Regulation D, Rule 506.
Shares will be offered on a “reasonable efforts, all or none” basis as to the Minimum Offering of $500,000 and, thereafter, all additional shares will be offered on a “reasonable efforts” basis. Upon closing on the first $500,000, the Corporation will be able to immediately use the capital it raises for working capital, to cover operating costs such as labor costs, procurement of raw materials, leasehold payments, manufacturing, marketing and sales of products.
The Subscription Agreement for this private placement offering of common equity securities is being made available only to accredited investors in reliance on Rule 506 of Regulation D under the United States Securities Act of 1933. Placement of the Shares by the Company will be made on a "reasonable efforts," "all-or-none" basis with respect to the Minimum Amount and on a "reasonable efforts" basis as to the remaining 500,000 Shares. The minimum subscription for Shares shall be 5,000 Shares; provided, however, that the Company may, in its sole discretion, offer a lesser number of Shares.
Each offeree wishing to purchase securities of the Company must execute the Subscription Agreement and the Purchaser Suitability Questionnaire in the form delivered with the Private Placement Memorandum. The Subscription Agreement contains various provisions, which should be read carefully before signing.
Step-by-Step instructions are provided to assist with the subscription process. In addition to providing the bank coordinates for wire transfers, the instructions walk through the subscription process for each of the offering documents:
The Executive Summary provides an overview of how we plan to exploit a patented technology for secure exhibition and storage of high-value merchandise. Opportunities exist in various industries, including retail for displaying high-valued merchandise such as jewelry, museum pieces, and expensive electronics, as well as other markets such as gun stores, marijuana dispensaries and luxury homes. In all cases, retailers have been challenged with having an efficient/convenient yet safe solution for exhibiting high-valued products. SecuraCase addresses this problem by combining the display case with the safe.The Company’s strategy is to penetrate the jewelry retailing market by offering SecuraCase as custom solution for new store installations and by offering a line of pre-built showcases.
Management’s experience, abilities, and personal contacts within the jewelry retailing industry will not only allow for quick market access, but also provide the means to be in a leadership position as competition intensifies. When successful in implementing its business plan, we believe that Securacase Corporation represents the potential for generating an extraordinary return on investment.
The Company Profile provides a visual presentation describing the fundamental elements behind the company's story including, the background of the invention, achievement of key milestones, the business plan, strategy and seasoned management behind the vision and execution of the new enterprise, as well as assessments of various market opportunities and the overall prospects for the company.
Prepared for the JCK Trade Show in Las Vegas last summer, our tri-fold brochure presents a succinct portrayal of the SecuraCase product, it merits and virtues, and summarizes several compelling value propositions that can be enjoyed, primarily in the jewelry retailing businesses.