Bluefire Prospectus

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  • 8/9/2019 Bluefire Prospectus

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    Prospectus Bluefire

    Vetricon Corporation1 Anza Street

    Makati CityPhilippines 1210

    Phone: +63 2 899 2582Fax: +63 2 899 2019Cell: + 63 917 [email protected]

    www.vetricon.comCopyright 2008 Vetricon. All rights reserved.

  • 8/9/2019 Bluefire Prospectus

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    Prospectus Bluefire

    Vetricon Corporation1 Anza Street

    Makati CityPhilippines 1210

    Phone: +63 2 899 2582Fax: +63 2 899 2019Cell: + 63 917 [email protected]

    www.vetricon.comCopyright 2008 Vetricon. All rights reserved.

    Introduction

    Vetricon Corporation is a Philippines based corporation

    specializing in the supply, installation and support of large

    digital signage displays. We also provide advertising

    solutions for corporations wishing to display rich dynamic

    content to consumers. These screens are placed at strategic

    locations to maximise your viewing audience. Board Members

    include professionals with 50 years combined experience in

    IT, Law, Real Estate and Senior Management.

    The purpose of this prospectus is to raise capital for the

    development and marketing of an exciting new software

    product, urgently needed in the growing digital advertising

    industry.

    Background

    The digital advertising industry encompasses many

    technologies across many industries, most notably television,

    large LED screens, and digital signage networks.

    The software that creates, schedules and manages dynamic

    media content across the various hardware associated with

    these industries, has created a new problem. How tomaximize selling space across this digital real estate?

    Creating and distributing dynamic media content is only part

    of the solution for advertising companies. Vetricon

    Corporation, through its involvement in the sales and

    operation of digital advertising solutions, has identified a

    crucial missing link in the overall content delivery process.

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    Prospectus Bluefire

    Copyright 2008 Vetricon. All rights reserved.

    Proposal

    Codename: Bluefire , Vetricon Corporation will develop a

    unique software product that wil l assist advertising

    companies to maximise digital selling space.

    Key features of Bluefire:

    1. Real time assembly of advertising media content.

    2. Blank space reduction following scheduling.

    3. Customizable advertising campaign packages.

    4. Financial reporting.

    5. Dynamic content scheduler.

    6. Comprehensive manual.

    Other key features are not mentioned in this prospectus for

    Intellectual Property purposes.

    Following the completion of Bluefire development, the

    product will be marketed to various manufacturers of digital

    media hardware, advertising agencies, broadcasting

    networks, online e-commerce websites, and software

    developers that provide other features in the media content

    delivery process.

    Benefits

    The immediate benefit for advertising and media

    broadcasting companies is increased revenue, resulting from

    the real time assembly of media content, which focuses on

    blank space reduction, and logical sequencing of advertising

    campaigns. Vetricon Corporation1 Anza Street

    Makati CityPhilippines 1210

    Phone: +63 2 899 2582Fax: +63 2 899 2019Cell: + 63 917 [email protected]

    www.vetricon.com

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    Prospectus Bluefire

    Copyright 2008 Vetricon. All rights reserved.

    Method

    Vetricon Corporation will go to tender for the services of a

    development team that is experienced in various software

    languages, in particularly C++, .NET, and HTML. A scope of

    works for version one of Bluefire will be produced that will

    outline:

    1. Key features of Bluefire .

    2. Resources needed.3. Cost

    4. Timeline

    Full details on the methodology will be provided in the

    Software Development Lifecycle (SDL) scope of works

    document.

    Following development of Bluefire , BETA testing will be

    conducted with various industry representatives. A report will

    be produced that may suggest revisions to the existing SDL.

    Any revisions will be implemented at this time.

    A comprehensive user manual will be produced.

    Vetricon Corporation1 Anza Street

    Makati CityPhilippines 1210

    Phone: +63 2 899 2582Fax: +63 2 899 2019Cell: + 63 917 [email protected]

    www.vetricon.com

  • 8/9/2019 Bluefire Prospectus

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    Prospectus Bluefire

    Copyright 2008 Vetricon. All rights reserved.

    Qualifications

    Vetricon Corporation head offices are located in Manila,

    Philippines. The Philippines ranks number 2 behind India for

    BPO outsourcing with emphasis on software development.

    However, graduates and industry professionals in the

    Philippines provide the added combined benefit of high

    education, low cost labor and superior English

    writ ing/speaking ski l ls.

    We have already secured an exclusive distributer agreement

    (for the Philippines) with one of the worlds largest digital

    signage hardware manufacturers, whose clients include

    companies such as AT&T, GE and Wal-Mart, but more

    importantly various digital signage firms and advertising

    agencies who provide services to third party companies. This

    presents a great opportunity to provide Bluefire OEM witheach product sold through this and other leading

    manufacturers.

    One of the Board Members for Vetricon Corporation was a

    leading Software Development Project Manager for Hewlett

    Packard USA for nearly a decade.

    Our team regularly conducts research on softwaretechnologies, and receives training from leading

    hardware/software vendors.

    Vetricon Corporation1 Anza Street

    Makati CityPhilippines 1210

    Phone: +63 2 899 2582Fax: +63 2 899 2019Cell: + 63 917 [email protected]

    www.vetricon.com

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    Prospectus Bluefire

    Copyright 2008 Vetricon. All rights reserved.

    Timeline

    Time

    Software Development Lifecycle

    Tender for software development 0.5 months

    Requirements analysis 0.25 months

    Specifications document 0.5 months

    Architecture design selection 0.25 months

    Implementation 2 months

    Testing and Revision 0.5 months

    Documentation 0.5 months

    Total: 4.0 months

    Marketing

    Contact industry representatives 0.5 monthsSecure software distribution agreements 2 months

    Total: 2.5 months

    Vetricon Corporation1 Anza Street

    Makati CityPhilippines 1210

    Phone: +63 2 899 2582Fax: +63 2 899 2019Cell: + 63 917 [email protected]

    www.vetricon.com

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    Prospectus Bluefire

    Copyright 2008 Vetricon. All rights reserved.

    Return on Investment (ROI)

    Amount (USD)Costs

    Bluefire office overheads (6 months) $20,000Software team (3.5 months) $35,000Capital equipment $5,000Marketing material $5,000Sales Campaign (2.5 months) $20,000Misc/Contingency $5,000

    Total: $90,000

    Sales Volume

    Year 1 1,000 $100,000Year 2 2,000 $200,000Year 3 3,000 $300,000Year 4 4,000 $400,000Year 5 5,000 $500,000

    Total: $1,500,000

    ROI Analysis (10% investor)

    Assumptions

    Investment Amount: $22.2K USD (1 Million Pesos)Lifetime Equity Position in Bluefire: 10%

    5 Year ROI

    Gross Sales $1,500,000Ongoing Costs (at 20%) $300,000Net Sales $1,200,000

    Dividend 10% $120,000

    ROI 540%

    Actual ROI

    2 year sales volume $300,00020% ongoing costs $240,00010% dividend $24,000

    $22,200 / $24,000 = 0.9250.925 x 24 months = 22.2 months

    Note: Sales volume is a conservative estimate only. Selling price net to Vetricon is estimated at

    $100 USD. $1 USD = 45 Philippine Pesos. Investor receives li fetime equity position in Bluefirebeyond 5 years. Minimum investment is 1 Million Pesos or $22.2K USD for a 10% equity position inBluefire. Maximum equity position may not exceed 40%.

    Vetricon Corporation1 Anza Street

    Makati CityPhilippines 1210

    Phone: +63 2 899 2582Fax: +63 2 899 2019Cell: + 63 917 [email protected]

    www.vetricon.com

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    Prospectus Bluefire

    Copyright 2008 Vetricon All rights reserved

    Conclusion

    Vetricon Corporation has indentified a gap in the digital

    signage software industry. With detailed knowledge of the

    software needed to address this gap, low cost, high quality

    labor of professionals in the Philippines, and Board Members

    with experience in IT, Law and Senior Management, an

    exclusive opportunity has arisen for investors to capital ize on

    an equity position with Vetricon Corporation.

    With a minimum investment of 1 Mill ion Pesos, or $22.2K USD,

    you too can take advantage of this exciting offer.

    Vetricon Corporation is uniquely poised to set the digital

    signage industry on fireBluefire .

    Vetricon Corporation

    1 Anza StreetMakati CityPhilippines 1210

    Phone: +63 2 899 2582Fax: +63 2 899 2019Cell: + 63 917 [email protected]

    Vetricon Corporation1 Anza Street

    Makati CityPhilippines 1210

    Phone: +63 2 899 2582Fax: +63 2 899 2019Cell: + 63 917 [email protected]

    www.vetricon.com