|1||Car Subscriptions are expanding by $9.15 Billion with a projected 63% CAGR by 2024|
|2||Proven Team: Over $3B in Previous Business Deals|
|3||CEO Earned 2000 Smithsonian Computerworld Award for “Innovation in the IT World”|
|4||Strategic Partnerships With Leading Insurance Company, Finance and EV Manufacturers|
|5||Proprietary Tech: Improves Overall Membership Experience and Tailored Ads For Additional Revenues|
|7||400%+ Month Over Month Social Media Organic Growth|
We invested in T4L because we believe in their management team and because we loved the idea of a subscription model for electric vehicles.
T4L's management team has impressed us early on with their breadth of experience, from their visionary solutions for everyday challenges; operational excellence; and ability to engage a wide range of strategic and influential partnerships. All with a focus on disruptive innovation and a low carbon footprint.
The auto industry is long due for disruptive innovation. Not just with Tesla’s electric vehicles and bypassing of dealerships, but also how consumers choose to access transportation. We're rapidly moving towards a subscription-based economy where consumers demand convenience, greater value and flexibility.
Modern cars have become high-tech computers, and the subscription model allows every day consumers and enthusiasts to have their cake and eat it too. I believe in T4L management team's ability to deliver a superior subscription experience.
There is a rapidly changing landscape in the automotive transportation market.
The conventional business models are being challenged by changing social, economic and overall purchase behavior patterns.
Buying a car is stressful as you have to work with dealers, finance companies, DMVs, insurance companies, and maintenance shops in what is a repeating pattern. And this does not even take into account the depreciation hit that car owners take the minute the vehicle leaves the lot.
Vehicle manufacturers are focused on manufacturing. They cannot handle the increase in consumer service demand that a subscription model requires.
Dealerships are focused on the sale of the vehicles and many are not equipped to support the all-inclusive model.
Buying, financing or leasing do not offer the full all-inclusive model where consumers contact only one company to handle all matters concerning their vehicle.
"We're rapidly moving towards a subscription-based economy where consumers demand convenience, greater value and flexibility." - Melissa Wilson T4L Investor
As a result, there is an emergence of a newly defined business category--the "Subscription Services Model" to replace conventional car ownership or leasing.
Car Subscriptions are expanding by $9.15 Billion with a projected 63% CAGR by 2024 and 49% of that growth coming from North America.*
We identified and mapped out the intersection of changing car ownership to car usership, the rapid conversion to Electric Vehicles, the digitization of all users with mobile devices, next generations focusing on good Planet Practices, and the success of the client first services models. With this opportunity we created T4L - Transportation 4 Life.
T4L is providing an all-inclusive, hassle-free Transportation Subscription Service based on the Tesla fleet of electric vehicles.
T4L is a service company handling all the details of endless paperwork and hassles of dealing with dealerships, the DMV, insurance, financing and maintenance to assure our Subscribing Members can simply enjoy driving their electric vehicle.
The T4L subscription model provides a method that delivers value and best-in-class services to develop member relationships and garner significant customer loyalty that drives growth by providing "Enjoyable, Easy & Flexible Transportation Access."
T4L's all-inclusive transportation subscriptions provide ease-of-mind, worry-free, hassle-free use of electrics vehicles from Tesla.
Clients pay a monthly fee. T4L provides an electric vehicle with all the details handled and managed by T4L including insurance, taxes and registration, vehicle swap, maintenance, vehicle refresh and software updates, charging, roadside service support and concierge priority service.
One Company. One Monthly Payment. Everything Included.
World-class member services is our top priority. We use technology to help simplify the overall member experience. Our T4L members have dedicated Member Service Specialists which are their main point of contact to handle any issue, concern, question or request regarding their electric vehicle.
T4L members no longer have to deal with multiple companies. They contact their dedicated T4L Member Service Specialist to handle all of their Tesla electric vehicle items from servicing, maintenance, repairs, billing, registration, charging, tickets, upgrades, vehicle refreshes, software/technology issues, and changing vehicles.
Founded in 2020, T4L is a new player in the emerging transportation services sector. Led by a world-class executive management team with a proven track record of profitable growth and success. We are committed to delivering strong returns to our shareholders and incorporating sustainability as a core value within our organization.
We believe our commitment to pursuing ESG initiatives can be achieved in parallel with building the long-term interests of our shareholders. The integration of sustainable business practices creates lasting results that benefit all of our stakeholders, including our Member customers, employees, shareholders, investors, and the communities in which we live and operate.
Our approach to corporate sustainability is based on the U.N. Sustainable Development Goals and our commitment to achieving a more sustainable future.
200,000 electric vehicles under subscription including consumer, commercial and government fleet.
You're a supporter of T4L's mission and want to be a part of the journey with a company that will be a leader in a growing subscription market.
You're a close friend, family or acquaintance of one of the T4L Team Members and want to show you believe in them and support their efforts.
You want the opportunity to invest in a pre-IPO investment that is in a growing EV and subscription market—good for you and good for the environment.
You believe in the T4L management team’s past success and their passion to grow the T4L impact investment.
You're an EV Tesla enthusiast and have been wanting to drive one for its performance and positive environmental impact, now T4L gives you access with its all-inclusive enjoyable, flexible Tesla EV subscription.
Plus, many great perks await you depending on the level of your investment such as:
1,000 miles of EV charging ($100 Value**)
T4L Charter Social Membership ($100 Value)
T4L Hat & Shirt & Pen & Screen Cleaning Pad ($100 Value)
Subscription Referral Perk Code ($100 Value***)
All Membership and Subscription Qualification Fees Waived (Up To $400 Value)
And many more...
Progress to Date
T4L INC was incorporated in the State of Delaware in September 2020.
Accomplishments since T4L's inception:
First revenue expected in November 2020. Marketing and sales efforts are steadily increase across all media channels. Back office software, custom subscription and configuration apps, and contract agreements in place. Over 60 potential new member/subscribers in our qualified lead list waiting on our release of vehicles. First deliveries expected to begin in January 2021. These projections cannot be guaranteed.
Consumer focused subscription plans are being marketed across various media channels including blogs, articles, press releases, social media and interviews.
Finalizing new subscription plans for the following audiences:
** All currencies are based on USD.
*** For each new person you refer and they become a T4L member and obtain a subscription, you receive one of the following: 1,000 miles of charging, $100 cash or equivalent, or $100 credit towards your T4L subscription.
T4L was created by Gravitas Infinitum as one of its "Planet Plan" Companies, focused on "Hot Planet Repair" and being the best corporate citizen in the world.
T4L (Transportation 4 Life) has financial statements ending September 30 2020. Our cash in hand is $0, as of October 2020. Over the three months prior, revenues averaged $0/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $100,000/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.
Simple & Enjoyable All-Inclusive Membership Subscription To Electric Vehicles.
In 5 years, we are targeting 200,000 electric vehicles under subscription including consumer, commercial and government fleet. This cannot be guaranteed.
Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.
T4L INC was incorporated in the State of Delaware in September 2020.
Since then, we have:
Historical Results of Operations
Our company was organized in September 2020 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 $333,081 in equity.
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 are arranging secured debt financing for the fleet, and plan on securitizing the fleet and fleet subscriptions with a tier one bank in the future.
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 9 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
T4L INC cash in hand is $0, as of October 2020. Over the last three months, revenues have averaged $0/month, cost of goods sold has averaged $0/month, and startup operational expenses have averaged $100,000/month, for an average burn rate of $100,000 per month during the startup and building phase of the Company. Our intent is to be profitable in 6-9 months.
There are no material changes or trends in our financials or operation that should be accounted for.
We expect to need a a total of $100,000 in order to go to market. If we do not raise the full $100,000 through this offering, Gravitas Infinitum, LLC is able to contribute additional capital. Revenues through month 4 are projected to be $338,300 with expenses projected at $222,842. These projections cannot be guaranteed.
Gravitas Infinitum, LLC the holding company for T4L has funded all of the start up expenses to date. This will continue until T4L is positive revenue producing. Currently T4L team is negotiating a secured line of credit with multiple providers for vehicle fleet purchase capital.
Tesla Vehicle delivery and supply delays and shortages. We rely on Tesla, Inc. for our fleet of vehicles.
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.
Assuming a change from the current rate of 21% to the proposed 28%, the following would take place. Generally, the net profit margin decrease is less than 1% each year. Year 14 would be the max change at 1.39% decrease in the current model.
Growth Capital may not be available. Depending on market conditions, the Company may not be able to fund all growth at rates clients would like.
As T4L grows others in the supply chain can try to emulate the subscription program. T4L's proprietary software technology will make it difficult for new market entrants find the efficiencies needed to justify the expense to scale to size.
Electric Vehicle adoption rates may stall or decline. Electric Vehicles are fairly new, as is the infrastructure to support them.
The Company may never receive a future equity financing or elect to convert the Securities upon such future financing. In addition, the Company may never undergo a liquidity event such as a sale of the Company or an IPO. If neither the conversion of the Securities nor a liquidity event occurs, the Purchasers could be left holding the Securities in perpetuity. The Securities have numerous transfer restrictions and will likely be highly illiquid, with no secondary market on which to sell them. The Securities are not equity interests, have no ownership rights, have no rights to the Company’s assets or profits and have no voting rights or ability to direct the Company or its actions.
COVID-19: Since September 30, 2020 the spread of COVID-19 has severely impacted many local economies around the globe. In many countries, businesses are being forced to cease or limit operations for long or indefinite periods of time. Measures taken to contain the spread of the virus, including travel bans, quarantines, social distancing, and closures of non-essential services have triggered significant disruptions to businesses worldwide, resulting in an economic slowdown. Global stock markets have also experienced great volatility and a significant weakening. Governments and central banks have responded with monetary and fiscal interventions to stabilize economic conditions.
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