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.

Overview

The Reyets app gives you the power to uncover and broadcast the truth with the tap of a button, you'll stream, record video and know your rights to help you understand and navigate a potentially volatile situation.

In five years, we hope (but not guarantee) to be the leading platform for civil rights protection in the world. Through our platform we aim to power civic tech products and platforms, so that all people have equal access and opportunity to assert and ensure their rights. The result would be severely decreased wrongful arrests, unwarranted harassment and violence. 

Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Milestones

Reyets LLC was incorporated in the State of Virginia in June 2017.

Since then, we have:

• High impact potential to solve and immediate and pressing problem
• Talented team with a track record
• Unique application of technology
• High Growth Potential (not guaranteed)

Historical Results of Operations

Our company was organized in June 2017 and has limited operations upon which prospective investors may base an evaluation of its performance.

• Revenues & Gross Margin. For the period ended December 31, 2019, the Company had revenues of $0 compared to the year ended December 31, 2018, when the Company had revenues of $0.
• Assets. As of December 31, 2019, the Company had total assets of $7,089.35, including $7,089.35 in cash. As of December 31, 2018, the Company had $8,513.63 in total assets, including $8,513.63in cash.
• Net Loss. The Company has had net loss of $1,424.28 and net loss of $88,805.18 for the fiscal years ended December 31, 2019 and December 31, 2018, respectively.
• Liabilities. The Company's liabilities totaled $0 for the fiscal year ended December 31, 2019 and $0 for the fiscal year ended December 31, 2018.

Liquidity & Capital Resources

To-date, the company has been financed with $25,000 in convertibles.

After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 6 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

Reyets LLC cash in hand is $0, as of June 2020. Over the last three months, revenues have averaged $0/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $0/month, for an average burn rate of $0 per month. 

We spent a total of $124k since the inception of the project. We started working on Reyets q3 2017. Since then we have:
-Developed IOS and Android app beta apps and custom backend data management system
-Developed and design branding and website
-Developed a go to a market and digital media plan
-Participated in multiple conferences and received FAST company world changing idea award
-Acquired first 5,000 users on beta

*From Q2 2019 - 2020 we used our personal resources and funds form our company Unstuck Labs to continue to develop Reyets. This included use of office space, staff, and expenditure. (This is why we are showing 0 revenues and 0 expenditures).

Since the date of our financials, initial funding for the company has been used towards developing the app and content. No further expenses have been incurred and the team has not been taking any compensation. 

We aim to generate income through: 1) referrals to lawyers/organizations, 2) in-app purchase for pro features (additional languages, locations, advance recording features), 3) contracts with government and other organizations to provide their citizens/members with services and reporting tools.

We expect to need a total of $50,000 in order to go to market in 5 months. If we raise $250,000, we hope to go to market in 4 months. Six months after generating revenues, our goal is to have earned $650,000 in revenues and $422,000 in expenses. These projections cannot be guaranteed.

For additional capital, personal funds from the founder may be contributed to the project. Loans, grants, and other funding programs could also be solicited.