Can you please share your expansion plans, particularly for this year?

Hello Varun, thank you for asking. Our plans this year is to expand in the Middle East, specifically targeting the UAE to license our content and major attraction to one of the major parks. Once successful, this will serve as a marketing tool and a proof of concept. We are currently in talks and will be submitting a proposal later this month to one of the major parks.

1) What does revenue projections look like for next 5 years? I could not find a slide on it. 2) I see that company is already profitable, do you anticipate it to be same going forward? 3) what does exit strategy look like, IPO or acquisition? If acquisition then what type of c...

Thanks for reaching out. 1. We do not have rev projections for the next 5 years. 2. No, last year we did a custom 1 off deal with the government, and we are using those funds to grow our core business. 3. Most likely an acquisition from a company based in the gulf region.

what is the funding goal , target amount for this round.

Hello Benjamin, We will Cap this round at $1.07M, however, we may end the round sooner if our sales targets are reached.

Could you please tell us more about your revenue? Who bought from you? Do you have recurring revenue or on-time transactions through contracts? Are you operating the space through your contracts or are your buyers operating the attraction? Thank you

Hello Lea, As of now, most of our revenue came from a one-off custom content production for the government of Qatar. Other sources of revenue are from rentals and exhibitions that we do. We are in the process of creating a revenue-sharing model and hope to implement it soon as covid restrictions fade out. Our clients would be the operators and purchase the equipment and we will supply the content and tech support in exchange for a percentage of the ticket sales. I am currently in the Kingdom ...

I understand that your major target at this point is the Middle East (GCC countries specifically), but I want to know apart from Middle East where else do you plan to expand? Also, are there any future tie ups in the education sector that you'll be exploring?

Thanks for asking Amatul. The MENA region is just the beginning, but we also plan to expand in Turkey, Malaysia, and Indonesia since they are heavily populated We are also finalizing a pay-per-view program for every Islamic school in the USA, Canada, and the UK.

Light Art VR Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

1

💪🏻Closed our first $1.6 Million dollar government contract in the Middle East.

2

💰Valuable portfolio of company-owned Intellectual Property.

3

🎨Hosting some of the best CG artists and animators in the VR Industry.

4

Highly profitable potential with our recurring revenue model.

5

Up to date implementing the newest technology in motion and game engine.🕹

6

Creative advantage due to our award-winning directors. 🎬

7

Created proprietary software and playback integration using 8K technology.

8

We manufacture our signature motion platforms in China, costing us a fraction of our competitors.

Light Art VR

Virtual Reality CG content for an untapped market of over 1.8 billion Muslims

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