THE LAUNCH PAD REVISITED: 1 YEAR LATER

[Music] my name is eliahu Rosen Bloom I'm the president of FR conversions Inc located here in Baltimore [Music] Maryland when we first reached out to the organizers of the event we were desperate for cash I'm here to offer you a 10% Equity stake in my company in exchange for $350,000 investment I have to say that when I got off stage I was on a high I had over a dozen people approach me with offers or potential offers I'll give you an offer because of LTB 2013 and the Launchpad event that we attended we ended up getting an investor in closing the final uh deal that we ended up brokering was half a million dollar for 30% of the company we have broken into the New York City Taxi market and we are probably the leading provider for handicap accessible taxis in New York City right now in the 12 months prior to LT we had done roughly 1.6 million by next year we expect that we will do about 45 million to 55 million in gross sales I'd like to take this opportunity to thank PEX group The LTB event in general in particularly many Hoffman uh for organizing the event it's an event that allowed us to present our business to the public to uh investors it also allowed us to network with other business individuals the workshops were amazing the speakers were amazing the food was great um it was a very expertly put together event um and I think that it is a highly necessary event in the Jewish community [Music]