I love this idea, and I think you'll be successful. I'm just confused about the terms. Investors here are investing in one location only, and we are sharing the 50% return with any and all other investors in that location? Are we investing in that location in perpetuity, or do...

Hey Alan,This is Zach Adamson, Founder and CEO of DIVERT. Thank you for the belief and the questions! I am happy to answer them! I will look to answer them one by one below. Discussion about terms can sometimes get dense, so if we find ourselves going back and forth too much, I am happy to jump on a quick call. Your Question: Investors here are investing in one location only, and we are sharing the 50% return with any and all other investors in that location? Are...

Thanks Zach, that all makes sense. It seems reasonable, but am I correct to assume that there is a possibility that in only 6 months there is not enough profit to pay investors back their 110%, let alone an additional share of any profits? So the most likely scenario is that i...

Hey Alan, Of course, as with any investment, there is inherent risk of loss, which I know you are totally aware of. While there is no guarantee of total payback, and one scenario is that investors would roll their investment into the company, there are other possible scenarios as well. While I am not legally allowed to share our financial projections, I am allowed to share some metrics that I think will help provide some clarity around what would need to happen for us to pay our investor...

I understand you will be raising your maximum. When is the deadline to invest?

Hey Maria,That is correct. Once we hit $500k we will be raising the maximum to make more room for investors like yourself. It is looking like we will be raising the maximum during the week of September 21st and we will look to leave the campaign open until we reach $750k or more. It is worth mentioning that you are able to invest at anytime. Even if we have reached our $500k goal, you are still able to invest and we will simply take it as an oversubscription. Does this answer y...

The greats of Xtreme sports would have shunned a centralized approach to their skill development. They became great by seeking out challenging environments that were unknown and therefore greatly enhancing their skill development. Xtreme sports became popular, not because the ...

Hey KG, We appreciate your perspective. We have grown up as Action Sports athletes pushing the boundaries that you allude to above. However, we realized that we are very fortunate because of where we come from to even have those experiences. The reality is that the majority of the population can not currently fathom participation because of monetary, geographic and even intimidation barriers. All which are solvable, and all which we hope to solve in a safe, affordable welcoming...

Do you have the first location decided?

Hey Nathan! Thank you for the question! Our first location will be in Southern California! Our priority location is in Los Angeles, CA at the Del Amo mall in Torrance. We also have a back up contingency site in Orange County at the MainPlace Mall in Santa Ana if Los Angeles County proves to try and delay our project or restrict our operating capacity too greatly. Orange County has proven to have much lower case counts, and as a result, much lower restrictions on business operations. We will b...

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COVID safe outdoor Sports and Education facility helps bridge social inequities

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Jason interviewed DIVERTsessions Pop-Up on March 18, 2021. Play Video

Jason Levine

Working to move our economy and ways of living in a clear, ethical, sustainable direction.

Strengths

says, "Credible founders with a compelling mission to bring more people into action sports that may have a high barrier to entry but very high interest and media attention. Strong concept to repurpose existing commercial real estate in need of a new business model."

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says, "Consider the pilot an opportunity to address operational and real estate questions for the second phase of growth. It will need to be a well-managed operation and a compelling opportunity for real estate partners to expand quickly into new geographies and capitalize fully on the media attention expected from the Olympics."

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Co-owner and Manager DT Legacy Development LLC

LEAD INVESTOR

Invested $75,000 this round

As a real estate investor, I think there will be a continued decline in the need for retail real estate. I believe that location based entertainment concepts like DIVERT are a great solution to transition that deteriorating retail real estate into productive and valuable assets. Given our current climate surrounding COVID and crowd restrictions, people are eager to get outside and try something new or build on the action sports skills they have acquired in the past. Additionally, the introduction of more action sports in the Olympics will bring more eyes on and interest in the world of action sports possibly encouraging people to try new sports or pick up where they left off.
Most importantly, I prefer to invest in entities that I feel good about, companies that are not just looking at the bottom line but also looking for ways to improve the wellbeing of people. I love that DIVERT has an awareness of social inequalities and strives to make the action sports experience available to everyone no matter what their financial situation may be.

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