Question 1

Hi, you have an impressive product and a large niche. Your margin is great and suggests that it wouldn't take much for you to become profitable. Those are positives but they also lead to my concern: That kind of potential financial success makes me shy away from SAFEs. There m...

Accepted Answer

Hey Alan, Thank you for your question. We plan on raising Series A in January. We need this round to ramp up our production, as we are gaining interest in Europe, Canada and Mexico. Also, the manufacturing cost to produce the three products we mentioned plus a hot and cold foam roller is a lot of upfront costs. Since we already have distribution set up we need to run all these new products in high quantities. For all of these reasons, this is why we need to Series A, converting the SAFE.

Question 2

Have you considered going the direct response tv marketing route? I think this product would be a prime candidate in which to explore this avenue. I would suggest looking up Launch DRTV. They have a good track record of producing DR spots focusing on marketing professional ath...

Accepted Answer

We considering this option. Recoup Fitness will be featured on HSN. Based on these results we can make the correct decision on DRTV

Question 3

Your answers to my questions gave me confidence that it's okay that this is a SAFE. Thanks for the thoughtful and transparent answers. My wife is a former personal trainer and she thinks it's a great product - could be big in the Plantar Fasciitis market alone according to her...

Accepted Answer

Our patent covers the utility of the ball and handle. The biggest win is the unscrewing part of the handle allowing the ball to out for the two in one functionality. We tested about 5 or 6 different ways to take out the ball and all failed in one form or another, either losing free rolling, the ball would fall out or not move (when we tested magnets). The other products are patent pending

Question 4

Hi, the product seems very interesting and a product I am definitely interested in investing. It is great to see you already have major teams and even athletes involved. Since your client list is pretty small, what have other teams you have approached said. The 4 million dolla...

Accepted Answer

As soon as we were ready to bring our product to market we actively targeted professional athletes and training staff and sent out demos to multiple professional sports teams in order to get proof of concept from the highest levels of athletics. After just one sample they purchased for the training staff. If professional athletes and their trainers approved of our product and would use it we believed that anyone from semi-professional athletes to non-athletes would be able to use and enjoy ou...

Question 5

Hi, as others have stated thank you for your thorough answers. I have a few questions - are your investors from your first round reinvesting? If so do you know what percentage have reinvested? What percentage of your family members and close friends have invested? Do you have ...

Accepted Answer

Thank you for your compliment and for you questions. With regard to your first question, the answer is yes. We were able to obtain permission from some of our existing investors to disclose that they have also invested in this crowdfunding round on WeFunder. With regard to your second question, that information would be confidential. With regard to your third question: Recoup does not have a written salary cap for employees or the Founder. At this time the Founder is being paid far less than ...

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