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Inventineer Inc.

Inventineer Inc. Business Plan Michael Van Steenburg – CEO 17170 Jordan Rd., Suite 106 San Antonio, TX 78154 Mobile/Text: 210-508-2150. Mission Statement.

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Inventineer Inc.

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  1. Inventineer Inc. Business Plan Michael Van Steenburg – CEO 17170 Jordan Rd., Suite 106 San Antonio, TX 78154 Mobile/Text: 210-508-2150

  2. Mission Statement To generate revenue from a diverse mix of proprietary inventions that are developed and commercialized in primarily the consumer product sector through established second and third party organizations. • Become a NASDAQ listed public company before the end of year five. • Generate up to 250 sound inventions by the end of year five that are well thought out and conceptualized. • Secure Intellectual Property licensing and royalties with second and third party organizations for at least 60 of the sound inventions generated by the end year five. • Grow Gross Profit to $40 million by the end of year five.

  3. The Team • Chief Executive Inventineer & Fellow #1 Michael Van Steenburg • Serial Entrepreneur • Prolific Inventor • Mechanical Engineer • Design Engineer • Master Fabricator • 25 Years of Experience • Vice President Inventineer Millie Van Steenburg • 28 Years of Marketing and Sales Experience

  4. Market Summary Our market are the manufacturers and retailers in the consumer products industry. • Many established companies have opened up their creative development departments to outside personnel and organizations in an effort to freshen up their Intellectual Property and discover new products that could benefit their organizations. • Inventineer is targeting those established companies who have opened their doors to outside innovation and utilizes third party crowd sourcing organizations in some cases to expedite the process of gaining access to those companies. • The consumer products industry is the largest industry in the world.

  5. Opportunities More and more companies are opening up their innovation process to outside innovators. Those companies understand that great ideas can come from anywhere and there is a need to adopt an open innovation philosophy in order to stay on the leading edge of product development. • Many major corporations such as IBM, 3M, Proctor & Gamble, Starbucks, LG and many others have turned to open innovation in order to maintain their competitive edge in their respective markets. • A few examples: http://www.15inno.com/2010/03/02/open-innovation-examples-and-resources/ • Inventineer will be one of the first public companies to focus on serving the Open Innovation needs of establish companies and organizations.

  6. Business Concept • Inventineer is an Intellectual Property creation corporation. Our customers are established manufacturers and retailers located across the globe that have a need for outsourced innovation. • Our revenue is derived from Intellectual Property licensing and royalties. • The company will seek out and execute a reverse merger with a viable public shell company and debut on the OTCBB exchange with the goal of moving up to NASDAQ exchange as quickly as possible. • Inventineer shareholders are purchasing the right to share in approximately 50% of the licensing and royalty revenue streams received to be paid out as quarterly dividends to all shareholders of record. • 10 million total shares to be authorized. 2.2 million shares outstanding with 1,000,000 shares to be issued to founder, 1,000,000 shares to be issued to pre-reverse merger shareholders at $1 per share valuation and up to 200,000 shares to be issued to the public shell company shareholders. • Lock-up period for private investors in Inventineer to last from the date of closing on the public shell until the end of fiscal year 2013.

  7. Competition • Our competition are the many other creative inventors located around the world. Open innovation is truly open to anyone who can formulate a new idea or concept. • Our competitive advantage lay in the culture of our organization which fosters and promotes creative thought, ideas and concepts in addition to the additional advantages listed below. • Fellowships (employment agreements) are offered to creative thinkers who can help Inventineer expand new ideas and concepts using their knowledge in specific areas of technological expertise. • Cross-pollinating the ideas with knowledge and experience from a wide variety of industries in the same setting will result in truly creative ideas and concepts that are sound, logical, well defined and thought out. • Having the technological equipment to vet out ideas and concepts enables our Fellows to quickly move through idea and concept refinements to achieve the best solution possible. • Having a Patent Agent on staff will provide improved clarity on the patentability of our new ideas and concepts.

  8. Goals and Objectives • Five Year Goals: • 2013: Secure $1 million start-up capital at $1 per share. Secure a viable public shell company for reverse merger. Become publicly traded on the OTCBB exchange. Submit 50 ideas and concepts to open innovation companies and third party crowd sourcing organizations. Secure at least 3 licensing/royalty contracts. • 2014: Secure at least 2 total Market Makers for our company stock. Reach a share price of at least $4 per share. Reach at least two total Fellows. Submit 100 ideas and concepts to open innovation companies and third party crowd sourcing organizations. Secure at least 10 licensing/royalty contracts. • 2015: Secure at least 5 total Market Makers for our company stock. Reach a share price of at least $9 per share and move up to the NASDAQ exchange. Reach at least three total Fellows. Submit 150 ideas and concepts to open innovation companies and third party crowd sourcing organizations. Secure at least 20 licensing/royalty contracts. • 2016: Reach a share price of at least $17 per share. Reach at least five total fellows. Submit 200 ideas and concepts to open innovation companies and third party crowd sourcing organizations. Secure at least 40 licensing/royalty contracts. • 2017: Reach a share price of at least $25 per share. Reach at least seven total Fellows. Submit 250 ideas and concepts to open innovation companies and third party crowd sourcing organizations. Secure at least 60 licensing/royalty contracts. • Five Year Revenue/Profitability Objectives:

  9. Inventineer Revenue Format • 7.5% of Adjusted Gross Revenues received by second party Assignee as Licensing Revenue • 50.0% of Licensing Revenues received by third party Assignee • 40.0% of Assignment Revenues received by third party Assignee • 15.0% of Channel Revenues received by third party Assignee • 4.0% of Brand Revenues received by third party Assignee.

  10. Forecasted Profit & Loss

  11. Forecasted Cash Flow

  12. Forecasted Balance Sheet

  13. Resource Requirements • List requirements for the following resources: • $1 million in start-up capital required. • Viable OTCBB listed public shell company to be purchased for up to $200,000. • 12 personnel, including 7 Fellows and 1 Patent Agent, by the end of year five. • 3,000 square foot office and prototype fabrication shop space. (Currently leasing) • Engineering workstation computers, office computers, high speed network servers with off-site storage, rapid prototype machine, CNC mill, CNC lathe and miscellaneous prototype fabrication equipment. • Independent CPA auditing services and outside corporate counsel with experience in public companies.

  14. Risks and Rewards • The risk to Inventineer shareholders is that the ideas and concepts developed by it’s personnel are inferior to other competitors ideas and concepts and would therefore be unable to secure licensing contracts with second and third party organizations. • The rewards to Inventineer shareholders is that the ideas and concepts generated by it’s personnel, if good enough to secure licensing contracts, will generate revenue for Inventineer for up to 20 years with no additional out of pocket expenses to the company. The share of dividends to shareholders will provide an excellent cash flow stream as a return on their initial investment for many years to come.

  15. Key Issues • Near term • A viable OTCBB listed public shell company needs to be researched and due diligence performed on, in order to set up the exit strategy for Inventineer shareholders. • The consequence of not finding a viable OTCBB public shell company means delaying the exit strategy for shareholders. • Long term • Inventineer needs to locate and hire additional talented Fellows in order to maintain momentum in generating new ideas and concepts for licensing. • The consequence of not finding talented Fellows could mean that the rate of generating sound and well thought out ideas and concepts could be slowed substantially. • If Inventineer is able to secure the requested $1 million in investment, then the near term and long term issues will be mitigated.

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