|1||We want to be the biggest living human encyclopedia in the world.|
|2||50,000+ areas of expertise offered in 26 spoken languages.|
|3||Scalable and fast-growing. Active in 100+ countries with 7,000+ experts.|
|4||Every day more than 1 BILLION people are participating in a video call.|
|5||Founded by 6 marketing and development professionals with 20+ years of experience.|
|6||Video conferencing market is estimated to be a 20 BILLION Dollar market by 2024.|
Google and YouTube are excellent sources of information, but only if you have the time to distinguish often conflicting, old, and sponsored information from accurate and up-to-date information.
TheONE facilitates instant and real conversations with real people from all over the world via live video calling and webinars.
We have proven that people from all over the world are in need of instant contact with experts, coaches, teachers, and others. We also know how much professionals and consumers appreciate our platform as we give them a podium to share their knowledge and experience when and where they want. But we have a bigger dream than just becoming big.
Imagine how education and sharing knowledge in the easiest and affordable way can contribute to and improve people’s lives? Knowledge is the only asset we possess that multiplies when we share it.
Sharing and gaining knowledge can bridge the gap between different points of view, contributes to compassion, can intensify relationships and improve not only the quality of life but also the harmony between people and their environment. Humankind can only evolve by learning and that is what we aim for. Create a more future-friendly world by sharing knowledge.
We take it for granted that we pay a fixed fee or an hourly rate to consult a lawyer or a coach, or to ask a question to a consultant. Some even take it for granted to first make an appointment and then drive all the way to the planned meeting for consultation. We believe this is an old-fashioned way of working. Technology like live video calling enables us to consult someone much more efficiently. And why not pay per minute for a consultation?
What if I only have a short question or what if after 5 minutes I’m not happy with the consultation and want to change who I consult. Instant calling via live video with any professional all over the world enables people to gain knowledge whenever and wherever they want on any subject. And best of all, the first minute is free and after that you only pay by the minute for as long as the conversation lasts.
Webinars are the next big thing that will change people’s lives. Not only have we developed the easiest way to set up and host a webinar, but we also offer attendants to pay per minute. What if you’re only interested in a part of the webinar or can’t afford to pay for the full hour? Pay per minute makes TheONE webinar accessible to everyone.
The biggest fear of people who think of hosting a webinar is that they won’t have enough paid attendees. We share all upcoming webinars with our broad community of professionals and consumers based on their interests. This gives every newbie webinar host a potential reach of thousands of people. A great start to gain an audience for anyone who wants to share knowledge but still has doubts.
And by setting the minimum amount of attendees, the host can always cancel the webinar in case there is no interest. So he doesn’t have to make an effort for nothing.
Professionals and consumers can create their own profile page and tell all about their expertise. They can also charge any fixed price or price per minute they think fits their level of experience. To assure the quality of expertise, they always offer the first minute calling for free. But most important is the mutual rating system. After each call, both experts and callers give each other a rating.
The same goes for webinars. Each attendee will be asked for a review letting future participants know what their opinion is.
1. 10% commission on each transaction between caller and expert
Whether a caller pays a fixed fee or pays per minute, we charge 10% commission on each transaction.
2. Fixed fee for B2B and B2C custom implementations
B2B and B2C customers can create their own community or integrate TheONE on their own site or platform. We charge a fixed fee per implementation and charge additional for special requests.
3. Subscriptions for hosting webinars by pro-users
Pro-users who want to give more than 3 webinars per month pay a monthly subscription fee.
We estimate a user growth of up to 10Mio users by Q4 2022. We aim to have a tipping point and become profitable by Q3 2021. (These are forward-looking projections that cannot be guaranteed)
Step 1: We first aim for high-value professionals such as coaches, teachers & tutors, lawyers, IT specialists, and veterinarians who already have integrated video calling into their business model. They know how to use video calling and webinars to make money with a high hourly rate and are looking for a more easy way to profile themselves.
Step 2: Meanwhile, we integrate B2C and B2B partners. For example, currently, we are going live with the biggest B2B gym subscription provider of The Netherlands who will offer our coaching and personal trainer services to thousands of companies and their employees.
Step 3: While gaining traction and becoming more popular we add medium value professionals. These are for example local guides, plumbers, and gardeners with a lower hourly rate than the high-value professionals and are less used to benefit of video calling and webinars.
Step 4: This is the time to become a social network and enhance our functionality to have more easy interaction between community members. By doing this we aim to attract low-value experts who like to onboard but will generate a very low revenue per expert, but attract the mass.
Short explanation movies of TheONE and TheONE webinar
CallTheONE has financial statements ending March 10 2020. Our cash in hand is $0, as of July 2020. Over the three months prior, revenues averaged $0/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $4,000/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.
TheONE facilitates instant and real conversations with real people from all over the world via live video calling and webinars to gain or share knowledge when and where people want.
TheONE hopes to be the biggest living encyclopedia in the world and the best and most popular alternative for Google, YouTube, and Wikipedia for gaining and sharing knowledge, although that 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.
CallTheONE LLC was incorporated in the State of Wyoming in March 2019.
Since then, we have:
Historical Results of Operations
Our company was organized in March 2019 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
After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 9 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
CallTheONE LLC cash in hand is $0, as of July 2020. Over the last three months, revenues have averaged $0/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $4,000/month, for an average burn rate of $4,000 per month. Our intent is to be profitable in 16 months.
We invested our own hours as a team to develop our platform. To continue with the right focus and effort, we need to get a minimum management fee. This will be the biggest change in company cost for the near future.
Every week we grow faster in the number of users. We expect to reach a tipping point among 40,000 users where the number of calls and the use of our webinar functionality will significantly increase in popularity. From that moment on, a stable growing turnover will arise. We expect and aim to be profitable within 16 months from now on. We hope to generate $1.5M in revenue at end of Q3 2021. We predict needing $150,000 in capital to reach that point.
We run an advertising agency that generates additional income called Mindd. Have a look at mindd.calltheone.com. The revenue Mindd generates can cover unexpected expenses and delay in becoming profitable. However the more funding comes in, the more focus we can have on TheONE, even to the point that we drop our activities within Mindd.
We will have to deal with continuously changing international and national legislation per country. This may result in restrictions in the rollout / presence of our platform in certain areas. We will have to manage this on a case-by-case basis.
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.
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.
Like other social media platforms, our platform may be used for purposes other than what it was originally intended for. We will have to manage this on a case-by-case basis.
Although our platform is fully scalable, we are aware that a sudden extreme growth includes challenges in server capacity and customer service that we are not yet able to fully oversee.
We ask everyone to publish their profile so that they are directly accessible to others they do not yet know. We are one of the few platforms that do this. We do not know if we can maintain this principle in every country and over time due to (privacy) legislation.
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