|1||Patent Pending Airborne Antiviral LED Lighting Solutions; Introducing Immaculight™ I & II|
|2||Immaculight™ also offers continuous white light disinfection of bacteria, mold and fungus|
|3||Calyx I; First AI patented LED grow light featuring customizable spectrum & anti fungal capabilities|
|4||Currently positioned in markets projected to reach $40.25 billion by 2022|
|5||$1.15M raised from prior investors|
With over 30 strains of COVID-19 already documented, it is incredibly likely that this virus will be something that will continue to be a threat for some time. The high mutation rate of the virus makes the development of a vaccine challenging. Because of this, it is incredibly important to develop greater sustained testing capabilities to ensure successful reopening of the economy.
While many companies are focusing on developing tests that will detect those who have built up the antibodies to the virus, we’re excited that Caylx's contribution to fighting this virus takes a different approach to using chemicals.
By designing a light fixture that can kill bacteria and viruses using UV light, heat, and research, this phenomenal invention will allow countries to respond quickly to similar outbreaks. In turn with this type of invention accompanied with increased local testing i is likely that the economies will open at a faster rate.
The is promise in installing the LED light fixtures in hospitals, in labs, on cruise ships, restuarants, gyms, casinos, hotels, office buildings, etc. The list is endless when you think about the benefits installing the lights in places where virus and bacteria sever as a threat to us and to our food supply.
In the near future, we may see more outbreaks of COVID-19, and I believe Caylx will be a huge factor in minimizing the number of people affected by viruses. As the world's economy begins to reopen, adding this technology to sanitize entire facilities and equipment before allowing employees to return will ensure that people returning to work places will enter a safe and clean environment.
COVID-19 has been an eye opening experience. With adding equipment that can eliminate the spread of dangerous virus is extremely promising.
IMAGINE possessing the ability of controlling plant growth while maintaining a high level of nutritional value. Calyx technology makes this possible by harnessing every aspect of the grow cycle.
Studies show the onset of climate change will not only increase extreme weather patterns but jeopardize the quality and quantity of our food supply. Calyx has taken initiative to alleviate these global issues by patenting affordable LED lighting with large scale manufacturing capabilities to enable quick entry in to the market.
A calyx consists of leaf-like structures at the base of a flower. It plays the essential role of protecting the bud of a plant during its development. Similarly, it is Calyx Cultivation’s mission to support and promote food growth efficiency by providing high quality American Made Products and Technology.
Calyx was established in June 2018 as a spin off brand of our affiliate, illumiPure. Research and development conducted in 2016 showed a dramatic rise in retail and commercial agritech demands. Effects of this groundbreaking technology became ever more apparent. Company separation would be the only logical decision to provide further concentration and advancement within this important sector.
After analyzing the market in depth, Calyx developers discovered that a majority of people, including growers, did not have an accurate understanding of light spectrums or the way in which they effect plants. Calyx began to grasp the science in a number of ways.
One straightforward approach to understanding plant growth and light spectrum was to research theories and obtain empirical evidence from others. However, having the opportunity to physically touch, visually observe, perform studies and record documentation became the more effective and superior method in the quest for new knowledge and understanding.
Reliable and accurate information is readily accessible to Calyx with the help of their onsite research lab. This testing facility is conveniently located in a Class B building directly below the Calyx corporate office and provides a constant supply of comprehensive information. Daily monitoring and reports provide first hand data which is simultaneously monitored from a third party to ensure authenticity.
Our proprietary 4-tiered horizontal hydroponic system grows a vast array of plants from tomatoes and strawberries to cannabis and microgreens. The Calyx research lab enables a greater understanding of plant morphology, physiology, and phenology, to successfully promote growth, overall health, and performance.
Calyx Cultivation has designed and redesigned LED fixtures and technologies for the best performance in distribution and effective spectrum delivery. Newly developed products were created with all markets in mind; hobbyists, semi-professional, small vertical farming, and industrial large acreage under glass.
Coming soon to our product offering is our newly patented Genius Grow with AI. This fixture is self-adjusting in both proximity and spectrum according to plant species’ growth.
Scientists predict worldwide difficulties for the farming industry. The forecasted decline in both the quality and quantity of food is due to climate change and the depletion of minerals in once rich farming soils. Scarcity of fruits and vegetables in contrast with an ever-expanding population provides no other alternative but to grow crops indoors.
Imagine possessing the ability of controlling plant growth while maintaining a high level of nutritional value. Calyx fixtures and technologies make this dream a reality by harnessing every aspect of the grow cycle, and that is a FACT!
Calyx Cultivation Tech has financial statements ending December 31 2019. Our cash in hand is $2,328, as of February 2020. Over the three months prior, revenues averaged $776/month, cost of goods sold has averaged $486/month, and operational expenses have averaged $5,747/month.
Management’s Discussion and Analysis of Financial Condition and Results of Operations
You should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and the related notes and other financial information included elsewhere in this offering. Some of the information contained in this discussion and analysis, including information regarding the strategy and plans for our business, includes forward-looking statements that involve risks and uncertainties. You should review the "Risk Factors" section for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis.
Calyx is in the technology sector serving cannabis and horticulture industries. Our unique customer base has the need for particular LED grow light fixtures. Such necessary capabilities include the ability to control crop growth and output by finely tuning the LED spectrum.
Our ideal development would include product sale to commercial and retail home growing customers while controlling yearly growth. In addition, we wish to continue our mission of serving the community through endeavors supporting the education of students who have an interest in horticulture.
Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.
Calyx Cultivation Tech. Corp. was incorporated in the State of Texas in November 2018.
Since then, we have:
Historical Results of Operations
Our company was organized in June 2018 and has limited operations upon which prospective investors may base an evaluation of its performance.
Liquidity & Capital Resources
To-date, the company has been financed with $600,000 in debt and $1,200,000 in equity.
After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 3 months before we need to raise further capital.
We plan to use the proceeds as set forth in this Form C under "Use of Funds".
We will likely require additional financing in excess of the proceeds from the Offering in order to perform operations over the lifetime of the Company. We plan to raise capital in 1 months. Except as otherwise described in this Form C, we do not have additional sources of capital other than the proceeds from the offering. Because of the complexities and uncertainties in establishing a new business strategy, it is not possible to adequately project whether the proceeds of this offering will be sufficient to enable us to implement our strategy. This complexity and uncertainty will be increased if less than the maximum amount of securities offered in this offering is sold. The Company intends to raise additional capital in the future from investors. Although capital may be available for early-stage companies, there is no guarantee that the Company will receive any investments from investors.
Runway & Short/Mid Term Expenses
Calyx Cultivation Tech. Corp. cash in hand is $2,328, as of February 2020. Over the last three months, revenues have averaged $776/month, cost of goods sold has averaged $486/month, and operational expenses have averaged $5,747/month, for an average burn rate of $5,457 per month. Our intent is to be profitable in 9 months.
While it may appear that our runway is short, the founding team will continue to infuse capital to maintain short-term operations until this Offering is complete.
We are ordering materials for the beginning of the year and kicking off our preorder push through our resellers and launch the new website.
After we finish this upcoming manufacturing run, which we expect will cost approximately $140,000, we hope (but not guarantee) to start generating $200,000 in monthly revenue in 9 months. We believe our expenses will increase linearly up to about $100,000/month at the nine month mark.
We plan to fundraise again two months after the conclusion of this Offering. If necessary, we can rely on additional capital from the founding team.
If the US Government suddenly changes the regulations on current policy which we have no control. This can without notice change the landscape of our business.
Failures by the competitors products may taint the acceptance of new technology and slow the conversion.
We expect continued losses for the foreseeable future. This will be affected by the effective growth management.
In addition, If neither the conversion of the Securities nor a liquidity event occurs, the Purchasers could be left holding the Securities in perpetuity. The Securities have numerous transfer restrictions and will likely be highly illiquid, with no secondary market on which to sell them.
The company will have the need to secure more finance either thru another round of funding or conventional debt.
The Company may never receive a future equity financing or elect to convert the Securities upon such future financing.
Our future immediate success depends on the efforts of a small management team. The loss of services of the members of the management team may have an adverse effect on the company.
The Company may never undergo a liquidity event such as a sale of the Company or an IPO. The goals shown in the business plan and this Form C are no way guaranteed.
We have a limited history of operation for a potential investor to evaluate. All projections are made using various assumptions.
Our future success depends on the efforts of a small management team. The loss of services of the members of the management team may have an adverse effect on the company. There can be no assurance that we will be successful in attracting and retaining other personnel we require to successfully grow our business.
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