|1||$4.75M lifetime corporate revenue.|
|2||3 continents, 27 cities, 41 locations.|
|3||Signed LOI with a Southern China investment group.|
|4||Profitable since the first year of the company.|
|5||Multi-Channel sales: Offline and Online Retail, Wholesale, Franchise, B2B.|
|6||Growth potential to be a leader of the $120B industry.|
|7||The founder has 3 established brands in the shopping mall industry since 2010.|
|8||A national account holder with shopping malls Industry leaders|
I have always been an entrepreneur; however, not all ideas are great to follow. When I saw the INFINITEVR 1.0 project, I recognized the opportunity, which was an excellent match. It was new, revolutionary, and fun. I was a customer, and then I decided to be a franchisee at an early stage.
I love this company and where it is heading. InfiniteVRKids will be a game-changer, and revolutionary business in the USA, precisely like how InfiniteVr 1.0 was. New projects created the same feelings inside of me, and this time it was way easier to invest because of the knowledge and historical data I had as a franchisee. I am so glad that I got an opportunity to become a partner of InfiniteVR.
Osman is another reason I am investing in InfiniteVR. He is very dedicated and focused on the matter. I have known him personally for a long time, and I observed that he always has an action plan in anything he does. When it comes to execution, he is one of the best ones.
VR and AR have the potential to become the next big computing platform. Just like when we saw the growth of the PC and smartphones, we expect new markets to be created and existing markets to be disrupted. There is no shortage of examples of how VR and AR can reshape existing ways of doing things—from buying a new home to interacting with educational platforms to watching a movie.
The global virtual reality market size was valued at USD 7.8 billion in 2018 is projected to reach USD 120.5 billion by 2026, exhibiting a compound annual growth rate of 42.2% during the forecast period.
We believe every company's future is orchestrated by its past. The timeline below gives a short summary of our story.
To know more about us, detailed timeline, and financial information per year please click below. We have a great story, don't miss out!!! 👇👇👇
During the last three years, $9.2M Total Brand Revenue...
We created InfiniteVR-Kids not only because of industry reports but also because of our little friends' requests. The voice message below was recorded on 4/12/2020 on our company phone line from one of our little fans in New York. When we heard her voice message, we instantly knew that it was mandatory for us to open InfiniteVR-Kids locations as soon as possible.
"Hi. I want to know if you still open. I did all my homework and my mum promised me to take me to you but she told me you are closed. Can you guys work with an appointment? Can you please call me or my mum back at 718*******? Thank you."
InfiniteVR has designed two versions of the concept: indoor stores and kiosk-size centers. Indoor stores are designed to be in malls or in outside locations with a large layout. Kiosk-size centers are designed to reach everywhere fast and keep the concept practical and mobile.
Click below to have a closer look at InfiniteVR-Kids. We have more visuals and details to share. You or your kids will love what we are working on, we promise :) 👇
B) InfiniteVR-Go, InfiniteVR-Mini, InfiniteVR-Next
Location base-VR, practical designs, upgrades for our existing locations, and more. You can find more detailed information and visuals by clicking the link below. You will love what you will see.
For more details and visuals please click below. We have so many things to tell you.👇👇
Our goal to reach 100 LOCATIONS by 2025
InfiniteVR is one of the most promising companies with a strong company vision and experience in the VR/AR ecosystem. We are here to seek your help to execute our future projects, and we believe transparency is the key. Here is the breakdown of how we will use the funds for this round and our growth model.
If not NOW, then when? If not YOU, then who?
It's been a challenging journey to build InfiniteVR and bring it this far successfully without partners. We know we did a great job, but we also know there's way more to accomplish. Our customers are our best supporters during hard times. Reading their reviews about us was the best motivation ever.
InfiniteVR is under the scope of multiple investor companies from all over the world. We aim to be generating over $40M in revenue in 5 years and exiting out over $200M with a merge or acquisition (though this is not guaranteed). Alternatively, opening up InfiniteVR to IPO is in our scope as well.
Now is the time to share our vision, experience, and projects with amazing partners like you. Let's realize the future together👇👇👇
InfiniteVR has financial statements ending March 31 2020. Our cash in hand is $56,646, as of May 2020. Over the three months prior, revenues averaged $48,000/month, cost of goods sold has averaged $3,100/month, and operational expenses have averaged $30,700/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.
We create bridges between technology companies and consumers by creating a platform that brings fun, new, and cool tech to people's life.
InfiniteVR gives customers the chance to experience new tech such as VR, AR, MR, and AI products through exciting demonstrations, with the ability to purchase their favorite items on the spot.
InfiniteVR plans to have over 100 locations all over the USA and other countries in the next 5 years. We aim to be generating over $40M in revenue in 5 years and exiting out over $200M with a merge or acquisition (though this is not guaranteed). Alternatively, Opening up InfiniteVR to IPO is in our scope as well. These projections cannot be guaranteed.
Av Consortium LLC was organized in the State of Texas in June 2016.
Since then, we have:
Historical Results of Operations
Our company was organized in June 2016 and has limited operations upon which prospective investors may base an evaluation of its performance.
Related Party Transaction
Refer to Question 26 of this Form C for disclosure of all related party transactions.
Liquidity & Capital Resources
To-date, the company has been financed with $245,000 in debt.
After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 18 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 don’t have any other sources of capital in the immediate future.
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 6 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
Av Consortium LLC cash in hand is $56,646, as of May 2020. Over the last three months, revenues have averaged $48,000/month, cost of goods sold has averaged $3,100/month, and operational expenses have averaged $30,700/month, for an average net margin of $14,200 per month. We are currently profitable.
We had an unexpected interest in our simulators right before COVID-19 and sold 4 simulators and one franchise location. We were in the process of negotiation with the biggest shopping mall developer about InfiniteVR kids.
Due to pandemic circumstances, we put a hold to our ongoing business and right away focus on how to go back on track as soon as possible. We created 'Entertainment by Appointment' model for our existing business and we are planning to execute our plan in the next 30-45 days.
We expect a decrease in about 30% of our revenue in the next 3-6 months in light of COVID-19. In order to keep our revenue at the same level, we will invest in our new model (Entertainment by Appointment) and our e-commerce option. Even though our fluctuation in revenue rate depends on how successful we will be in our efforts, we are very hopeful that we can rebound out of this pandemic very successfully. Six months from now, we hope to have monthly revenues back up to $50,000 and monthly expenses to be $30,000, although this cannot be guaranteed.
For additional capital outside of this Wefunder Offering, our founder can provide funds to InfiniteVR.
The future of our company is not independent of the relationship strain between two global hegemonies, the US and China. US-China trade war might leave an unwanted impression on our operation. Their declining trade relationships might hinder the mobility of goods of our company which ultimately can cause a flux in the purchase-cost ratio in the future. This situation can weigh on our economic condition leading to a decline in the growth of our business. As a consequence, this would put our measured accounting results in a state of flux as well. Alternatively, we are in negotiation with some factories in Turkey in case things get worst.
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.
Our business can be affected by a crisis like Corona. This global phenomenon might is one of the crucial factors in determining our business inclinations. Such unpredictable encounters in the future might hinder the performance of our company. This can put a hindrance to the supply of our goods to larger markets keeping in view the consideration of social distancing and lockdown. As this situation is dealt with differently in different regions, our operations would have to change relatively. Lockdown can lead to a slow supply of our goods to the other markets, impacting the economy of our company. it adds another layer of challenge our company has to face. Uncertain times are opportunities for great management to show their talents. Please check Post-Corona business model we created in PDF on the campaign page.
Hiring the right people for the right job would impact the execution of the projects of our company. The feasibility of the projects would be determined by the effective working of our management team whose co-operation in the different tasks of the projects is crucial for the productive results. The inability to hire individuals with the skills required would impact the performance of our company and may hinder the normal productivity rate.
Lack of sufficient funds may cause execution conundrums for our company. Although we have calculated the capital that would be required for the operating projects and for future projects, lack of external funds can impact our operational rate of the business. We cannot assure that adequate funds would be available to us for execution or the ongoing projects will produce the calculated budget for future projects to function thoroughly.
Following up the trend is very important in our model. If we fail to follow the emerging technologies closely, we might be outdated and customers can lose their interest in our brand. Management team vision needs to be very open and up to date in order to stay relevant and ahead of the trend before it gets consumed.
Competition is not there yet however there is no guarantee that it will not come. Such a scenario like big entertainment companies that have many locations shifted to our industry is a possibility. There fore timing is everything for us. we need to be at a point quick so we will not be pushed out in the game.
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