Disruptive Technology Aimed at Increasing Revenues For Every Town and City. $10 Million + Contracts recently won and Waiting on Decisions on over $100 Million Pending Submittals
Today, we introduce you to an established Company that has recently won a $10 Million contract with an incredibly disruptive technology. Curing Capital see’s some very unique products and solutions but very rarely do we see both of those attributes with a revenue and earnings upside that the featured Company brings to the table. Look, towns and cities are constantly facing revenue short falls and in many cases facing Banctruptcy/receivership or government bailouts. The search for new revenue centers is an exhausting task that ultimately ends up with a tax increase. The featured company has a never before seen brand new disruptive revenue center that will absolutely make a difference in a town or city’s budgets and can dramatically reduce these never ending shortfalls.
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Technology: Before we jump right into the company, as a result of space constraints, only some of the many options and uses will be published in this teaser, so we encourage you to learn much more by requesting a full package by either emailing or calling us. Let’s jump right into this. What if you had a device that allowed a policeman or civil servant the ability to sit in their vehicle and get automatic notification when a car or truck parked in their territory was in violation of the parking meter. For starters, you reduce the need for meter collectors from 3 to 1, you just saved the city how much? Now imagine you’re the driver of a car and pull into a spot only to realize you have no coins. We all have been there and what typically follows is a stressful conversation with ourselves that cant be repeated in this article and a stressful few moments looking everywhere for the necessary pocket change for the meter. The majority of the people in this situation take the risk that a meter patrolperson will not be strolling by on their rounds. Before you have even made it inside to your destination, the patrolperson is already writing you a ticket. The good news is, if you realize you don’t have the change for the meter, no need to stress, the meters were designed to take credit cards. How cool is that? Some of the people who receive a ticket will kick themselves and others will be in disbelief at getting a ticket, either way, you will have the ability to pay for the ticket right at the meter. We have only just begun.
Turning non performing assets into producing revenue centers
Oh, I forgot to mention that another revenue center is the ability of the town and city to sell tickets to local venues right at the meter. Local businesses can now focus their attention through the meters near their business with special offers and changing them up during the day to reflect different buyers. Ask for a package to learn more.
The company not only sells the solution but also the hardware that will replace the old metal bent meters and the new parking kiosks will have advertising space that the city or town will benefit from as well.
Market: It doesn’t take much to get a full understanding as to the size of the market because this technology has very little competition and what competition they do have has nowhere near the functionality and applications that this technology has. Every town and city collecting revenue from the use of meters is a potential client. The Company’s first contract is with a major city and valued at over $10 Million. Proposals have been sent to no fewer than 8 potential customers and if they all accept the potential revenue is over $100 Million. Just the beginning.
There are over 14,000 towns and cities in the U.S. and less than 1% have even a portion of the solutions that the featured company brings to the meter!
Product Advantages:
• Standard, commercially available components
• Barriers to competitive entry due to patent pending status
• Only available client server based platform for managing all parking assets
• Competitive reliance on outdated 1930s technology that provides limited benefits
• Superior revenue/cost model vs. competitors; high-value proposition
• Security system, performance, audit and financial data provided to clients
• High level of consumer appeal and ease of use
• Management expertise in Public/Private Partnerships
• Dramatically increased revenues to cities and universities
• Reduced operating costs for parking systems
• Only system capable of on-street validation, permitting, push enforcement
• Only system that qualifies for a variety of private and federal grants
Management:
CEO: A visionary with 20 years of experience in taking not only start up concepts to finished successful products but also distressed companies into viable turn arounds. Much of his experience centers around the wireless, telephony and software industries.
CFO: A 30 year veteran of the financial markets and a licensed CPA. Responsible for having raised over $300 Million in both equity and debt. In the past 18 years has served as CFO or COO of four major brand name companies.
CTO: Has extensive experience in not only developing and launching new technology but also developing, integrating and managing wide points of sales, such as telephony, accounting, security, ticketing and visual systems for the resorts and the hospitality venues across the country.
Opportunity:
The company is looking for $500,000 in bridge financing and $3,000,000 in funding. We have ample supporting materials, so please reach out through email or phone to ask us questions or request a full package and I will have the company contact you directly.
