Business Archives - Susan von Seggern

Global LA – Bringing International Businesses to Los Angeles

03/07/2023 by Susan von Seggern

Welcomes New Advisory Board Members from Amazon, City National Bank, and SRI

Los Angeles – February 21, 2023 – Global LA, the public-private partnership established last year by the Office of the Mayor of Los Angeles and supported by LA’s most dynamic businesses, dedicated civic leaders, and economic development organizations, is excited to announce four new advisory board members joining the organization to help attract international companies to Los Angeles in the run-up to the 2028 Olympics.

Global LA is pleased to share that Ron Frierson, Amazon’s Director of Economic Development for the Western US, is joining their board. Ron leads the team that supports Amazon’s investment projects in California, Alaska, Arizona, Hawaii, Oregon, and Washington.

“With multiple businesses operating across the Los Angeles area, including in entertainment, gaming, logistics, and fulfillment, Amazon knows that LA is a great place to invest,” said Ron. “We are enthusiastic about supporting Global LA’s mission to attract international business to the region and preparing for the gathering of global athletes and fans for the 2028 Olympic and Paralympic Games.”

Global LA is excited to welcome Steve Bash, a Senior Vice President at City National Bank, the largest bank headquartered in LA. Steve leads their international banking, trade, and supply chain finance businesses. The group is active in global financial advisory services, negotiating and structuring supply chains, receivables purchase and export finance transactions, offshore risk management, processing services, and global correspondent banking.

Steve notes, “It’s a critical time to dedicate resources to attracting new businesses to Los Angeles, and I’m pleased to join Global LA in its effort to create growth. In the lead-up to the 2028 Games, Los Angeles needs new organizations such as Global LA to secure job growth and advance the narrative about why LA is a great place to do business.”

Highly respected Los Angeles attorney Carol Leslie Hamilton is another fantastic advisory board addition. Hamilton’s experience includes extensive international policy work with the United Nations, UNESCO, the Guantanamo Task Force, and the International Committee of Lawyers for Tibet. Closer to home, she was the VP of Legal and Business Affairs at RKO Pictures, a founding partner in the Bourhis & Hamilton law firm, and co-founded the Legal Clinic for Battered Women. In addition to her role with Global LA, she serves on the UC Law San Francisco, Board of Governors, and the boards of the Alliance for Justice and Renewables 100 Policy Institute.

Carol comments, “I’m thrilled to join Global LA in its effort to bring more international investment to our city. A home to diverse talent from all corners of the world, LA is one of the world’s most ethnically-diverse cities. We have a wide range of talent and endless opportunities for companies to thrive. As we look forward to the 2028 Olympics, Global LA is perfectly positioned to share this story with the world business community.”

Jonathan Davies is a Partner leading the U.S. Media & Entertainment Practice for global executive search firm SRI. With more than 25 years of experience in the media and entertainment industry, Jonathan has held a variety of C-suite global leadership positions with U.S.-based media companies, including CNN, Discovery International, and Eurosport, as they have navigated the strategic, operational, and cultural challenges of a marketplace being transformed by digital technologies. Davies brings the added perspective to the Board of leading the LA growth of a British multinational organization.

Jonathan comments, “Given SRI’s focus on senior executive leadership in the media, sports, and entertainment industries, I’m delighted to be able to support Global LA as it uses the drumbeat of multiple prestigious events over the coming years as a platform to attract increased investment and world-class talent.”

The other current Global LA Advisory Board members include Jaime Lee, President of the Los Angeles Board of Harbor Commissioners, former US Ambassador to UNESCO Crystal Nix-Hines, Evite President Jason Woo, SCI-Arc Director Hernan Diaz Alonso, CEO, Director-General, and Dean, Thunderbird School of Global Management at Arizona State University Dr. Sanjeev Khagram, Ambassador Michael Lawson, President and CEO of the Los Angeles Urban League, and Partner and Managing Director, Boston Consulting Group Danny Acosta.
Los Angeles’ companies and organizations that have committed to support Global LA as members include The Walt Disney Company, the Conrad N. Hilton Foundation, the Annenberg Foundation, City National Bank, East West Bank, Evite, WasteFuel, the Los Angeles Football Club, Goldman Sachs, Neuehouse, The Port of Los Angeles, Los Angeles World Airports, and Edison International.
In preparation for hosting the 2028 Olympic and Paralympic Games, Global LA aims to collaborate with a broad network of partners to support new businesses that will help secure LA’s Olympic legacy through economic opportunity.

Global LA Welcomes Celebrity Ambassador Earvin “Magic” Johnson to Aid in Bringing International Businesses to Los Angeles

11/10/2022 by Susan von Seggern

Mayor Eric Garcetti and Magic Johnson (with Arsenio Hall and Danny Trejo) Los Angeles – Global LA, the recently launched public-private partnership established by the Office of the Mayor of Los Angeles and supported by L.A.’s most dynamic businesses, dedicated civic leaders, and economic development organizations is excited to announce that Earvin “Magic” Johnson is joining the organization as a celebrity ambassador to help attract international businesses to Los Angeles in the run-up to the 2028 Olympics.

The mission of Global LA is to attract international businesses, entrepreneurs, nonprofits, and other opportunities to fortify Greater L.A.’s communities, create jobs, and contribute to a resilient economy. Together with our partners and members, Global LA will enable a more equitable, vibrant, generative economy that grows and thrives as a result of an increasingly international and diverse population.

Johnson, one of the city’s most noted entrepreneurs and investors notes, “I’m looking forward to working with Global LA, the Mayor’s office, and the one-of-a-kind business community here to bring international companies to Los Angeles, and to bring jobs and economic growth to our underserved neighborhoods. This has been the foundation of my company Magic Johnson Enterprises and I look forward to seeing the difference we can make in this incredible city.”

Regarding Global LA’s appointment of Magic, Mayor Eric Garcetti noted, “Los Angeles is a global crossroads — there is simply no better place to start or expand a business than here. By making it easier for companies, nonprofits, and entrepreneurs to invest in our city, Global LA will attract international opportunities that benefit Angelenos across our city with good-paying jobs and a more resilient, inclusive local economy. We couldn’t ask for a better ambassador of the program than Earvin ‘Magic’ Johnson, a legend in business and sports, to help with this pre-Olympics initiative.”

Global LA promotes the Los Angeles region for foreign investment in key sectors including sustainability and cleantech, transportation and logistics, entertainment and tech, advanced manufacturing, biotech, and life sciences, and space and aerospace. Global LA is also working towards directing new international investment that will directly benefit underserved communities.

The President and CEO of Global LA is Debbie Adler, a longtime Los Angeles strategy executive known for her work at SoCal’s noted NPR station KCRW and the British Consulate’s Department of International Trade. She has also consulted for local organizations such as Homeboy Industries, Liberty Hill Foundation, Cause Communications, and LA Commons, among others.

Adler notes, “Earvin ‘Magic’ Johnson symbolizes so much of what makes L.A. great: he used his platform as a world-famous athlete to create a thriving business empire and continues to give back to the communities that supported him through thoughtful investments. As Global LA’s Ambassador, his support in connecting with international CEOs will help to tell the story of why L.A. is the best city in the world for innovative and ambitious business leaders.”

The partner organizations that have come together to support Global LA include the City of Los Angeles, the LA Tourism & Convention Board, the Los Angeles Urban League, the LA County Economic Development Corporation, the Los Angeles Area Chamber of Commerce, World Trade Center LA, the Alliance for SoCal Innovation, Pacific Council on Foreign Affairs, LA Cleantech Incubator, GO-Biz, Sister Cities, and the International Visitors Council of LA.

Los Angeles’ companies and organizations that have committed to support Global LA as members include The Walt Disney Company, the Conrad N. Hilton Foundation, the Annenberg Foundation, City National Bank, East West Bank, Evite, WasteFuel, the Los Angeles Football Club, Goldman Sachs, Neuehouse, The Port of Los Angeles, Los Angeles World Airports, and Edison International.

Global LA Advisory Board members include Jaime Lee, President of the Los Angeles Board of Harbor Commissioners, former US Ambassador to UNESCO Crystal Nix-Hines, Evite President Jason Woo, SCI-Arc Director Hernan Diaz Alonso, CEO, Director-General, and Dean, Thunderbird School of Global Management at Arizona State University Dr. Sanjeev Khagram, Wastefuel Chairman and CEO Trevor Neilson, Ambassador Michael Lawson, President and CEO of the Los Angeles Urban League, and Partner and Managing Director, Boston Consulting Group Danny Acosta.

In preparation for hosting the 2028 Olympic and Paralympic Games, Global LA aims to collaborate with a broad network of partners to support new businesses that will help secure LA’s Olympic legacy through economic opportunity.

Evergent Announces Partnership with KOCOWA to Optimize Payments and Customer Flexibility Across Global Audience Base

10/10/2022 by Susan von Seggern

New agreement simplifies payment and customer management for Korean content service in the Americas and worldwide

Sunnyvale, CA – September 8, 2022 — Evergent, the customer management and monetization leader for streaming and digital subscription businesses, today announced a new partnership with KOCOWA, a subscription video streaming platform serving Korean content to audiences throughout the world. Through the agreement, Evergent will provide optimized payment solutions for KOCOWA customers in different global regions, while also incorporating multiple currencies, languages and payment models.

KOCOWA was launched in 2017 by wavve Americas (wA), a joint company of KBS, MBC and SBS, the top three Korean broadcasters, together with SK Telecom. The streaming video platform delivers Korean dramas, reality and K-pop content to a subscription audience in North, Central, and South America.

As wA introduces KOCOWA to new markets and geographies, Evergent’s agile monetization and CRM products will make it possible to accommodate for both global and regional considerations and provide the adaptability required to seamlessly integrate different currencies, languages and payment processes. With Evergent’s flexible monetization tools, KOCOWA will be able to rapidly scale and reach the growing global audience for premium Korean entertainment content. The new partnership will also allow KOCOWA to explore and deploy multiple pricing and payment options for existing customers in North and South America.

“KOCOWA presents an ideal use case for Evergent’s highly flexible solutions, as they operate at the nexus of three cultures, languages and geographies,” said Vijay Sajja, founder and CEO of Evergent. “KOCOWA has already demonstrated the viability of delivering premium Korean content to customers in North, Central, and South America, and we look forward to supporting them with agile monetization tools as they extend this service to other areas of the world.”

“The success of our streaming platform in the Americas demonstrates the tremendous global demand for premium Korean content, but capitalizing on that demand requires speed and agility as we work to meet the needs of diverse markets and audiences” said KunHee Park, CEO at KOCOWA. “Evergent makes our platform better and more competitive by enabling us to pursue multiple new monetization models with minimal deployment effort, which in turn provides us with new tools to inform our sales and marketing campaigns. We expect Evergent to play a key role in our growth as we bring KOCOWA to new customers throughout the world.”

ABOUT EVERGENT
Based in Sunnyvale, CA, Evergent delivers customer relationship management tools for global digital media, entertainment and telecommunications providers. With customers in 175 countries ranging from small businesses to Fortune 500 companies, Evergent creates flexible, user-friendly solutions that enable each customer to streamline their CRM processes and maximize monetization efforts. For more information, visit www.evergent.com.

ABOUT wA AND KOCOWA
wA is a joint company between the top three Korean broadcasters — KBS, MBC, SBS, plus SK Telecom. wA launched KOCOWA, a subscription video streaming platform in the Americas in 2017, with primary audiences in the United States, Canada, and Brazil. KOCOWA provides a robust lineup of over 25,000 hours of Korean Dramas, Reality, and K-pop content in multi-languages on its direct platform. For more information please visit: www.kocowa.com.

Korean Content Streamer KOCOWA is now available via Prime Video Channels in the US

07/15/2022 by adminbolhuis

As the demand for Korean content reaches new heights, KOCOWA adds thousands of hit K-dramas, K-pop, K-variety, and library titles to Prime Video Channels.

LOS ANGELES, Calif., June 16, 2022 – wavve Americas (wA), a joint venture between the top three Korean broadcasters KBS, MBC, SBS, along with SK Telecom, will deliver KOCOWA’s premium entertainment programs to Prime Video channels customers in the US starting today. KOCOWA’s international service allows customers to access new authentic content from Korea daily via their mix of K-dramas, K-pop, K- reality, and K-variety, in addition to thousands of hit and highly rated library titles.

“Korean content has become so much more mainstream recently, and we are excited to offer Korea’s fresh storytelling with our diverse programming package on such an influential, global streaming service like Prime Video through Prime Video Channels,” said wA CEO, KunHee Park. “As a niche streaming service with broad reach, KOCOWA is well-positioned to be competitive in the battle among streaming services by super-serving fans of Korean-produced content. It will now be even easier for viewers to watch new shows coming out of Korea at home, fully subtitled in English. I am happy that viewers will be able to discover us and enjoy Korea’s world-renown brand of entertainment.”

On KOCOWA customers can watch select shows the same day they air in Korea and dig into thousands of high-quality library titles. Discovery is easy, as audiences can immerse themselves in award-winning relatable comedies and dramas, and hilarious reality competitions. For fans of K-pop, there are more than enough idols’ moments to binge on.

KOCOWA makes Korean TV accessible for new viewers by showcasing the Top 10 current series, featuring an impressive lineup of addictive hits, such as, ”Young Lady and Gentleman,” “Moonshine,” “The Penthouse” Seasons 1-3, “Dali and Cocky Prince,” “Music Bank K-Chart,” and long-time fan favorites like, “Home Alone.”

Prime Video customers can access KOCOWA via Prime Video Channels for $6.99 per month.

As the service provider in the Americas with the largest library of Korean content, KOCOWA has quickly risen as an international platform since 2017. KOCOWA’s millions of viewers are diverse, with 90% of viewers of non-Korean ancestry, in the prime under 44 age demographic and female. Programming is available in real-time after broadcast airtime in Korean, making KOCOWA the preferred destination for fans to watch new series, award-winning library titles, or to discover new and exciting Korean content only available on KOCOWA.

About wA and KOCOWA
wA is a joint venture between the top three Korean broadcasters – KBS, MBC, SBS, plus SK Telecom. wA launched KOCOWA, a subscription video streaming platform in the Americas in 2017, with primary audiences in the United States, Canada, and Brazil. KOCOWA provides a robust lineup of over 17,000 hours of Korean Dramas, Reality, and K-Pop content in multi-languages on its direct platform. For more information please visit: www.kocowa.com.

Carbon-Ion Announces Reg D 506(c) Offering

07/15/2022 by adminbolhuis

New York City – July 7, 2022 – Carbon-Ion Energy, Inc. (Carbon-Ion or C-Ion), a leader in advanced research and development of next-generation power storage and delivery, today announced that it has launched an equity fundraising campaign under the Regulation D 506(c) exemption. The offering is only open to accredited investors here.

Carbon-Ion was founded to develop and bring to market the groundbreaking technology initially developed by ZapGo Ltd. With over 100 patents either issued or pending, Carbon-Ion Energy and its subsidiary Oxcion Ltd. will engage in the continuous expansion of its intellectual property portfolio, working towards a product that will be a key enabler of delivery and storage solutions. C-Ion’s products will offer sustainable power on demand from existing power grids to support the additional power needs from EVs, aviation, heavy transportation, warehouse robotics, as well as enhanced management of electrical grids themselves.

Andrew Sispoidis, Carbon-Ion’s CEO notes, “With the climate crisis reaching critical levels from the American West to the Indian subcontinent and beyond, technologies that enable renewable energy sources to smooth natural sun and weather cycles via energy storage and power on demand are becoming increasingly necessary. With a Reg D 506(c) raise any accredited investor interested in a fossil fuel-free future can be part of this game-changing work. We are excited to build a product that can deliver much more robust power storage and delivery solutions required for a livable planet in the years ahead.”

Today, lithium- and cobalt-based batteries are in widespread use in our phones, laptops, cordless appliances, power tools, electric vehicles, and even electrical grids. However, these batteries are not a perfect solution as their base materials – lithium and cobalt – are increasingly challenging to source, difficult to recycle, and potentially flammable. Carbon-Ion is developing a new high-power storage device called Carbon-Ion or C-Ion. It is safer, faster charging, longer-lasting, does not use rare-earth materials, and is not harmful to the environment if damaged or discarded. On its own, C-Ion can provide these benefits in many products and applications. In addition, C-Ion can also improve the safety, lifetime, and performance of energy storage systems when used alongside Lithium-Ion batteries in a broad range of applications.

With respect to grid management, our product will be particularly useful for a variety of grid services. Specifically, those that require a very fast reaction time and sufficient power to stabilize the frequency, reactive power, and voltage of grid systems. Those kinds of grid management services will become increasingly important as green energy solutions come online and the dependence on fossil fuel generators is reduced.

In the critical power grid market, dynamic containment is one of a new suite of frequency response services that have been rolled out by the UK national grid in 2021. This represents an excellent example of how the move to renewable generation offers opportunities for fast-responding energy storage. Today, this dynamic containment market relies almost entirely on batteries. However, batteries simply cannot provide the amount of energy necessary in the short time required. Worse still, using batteries for this purpose reduces their usable life by 50% or more.

Significant loss of grid inertia has led to more frequency deviations and ‘brownouts’ than ever before. A range of technologies is needed to plug this gap as we move toward a grid that is fully supplied by sustainable, green energy production. Every country will require these kinds of grid support technologies as the world increases its demand for electricity, even more so for those countries that adopt a net-zero carbon footprint.

Carbon-Ion can perform several roles in grid management. It will enable better battery management and be important to other longer-term storage systems that will be needed as we move forward in the world energy transformation. It has unique qualities that allow it to perform very fast-responding power balancing which is important to control frequency and other grid management stabilization. It will absorb and release energy in short duration balancing, providing the amount of power required to keep the lights on and industry running. Its design is inherently stable and has a very long life without appreciable degradation over many charge-discharge cycles.

By upgrading the way we deliver power and energy to electric vehicles (EVs), C-Ion can help reduce the need for expensive grid reinforcement and deliver cheaper energy prices to the EV customer, much faster charging times, and better returns to the owners of charging stations. Costs can be reduced using a form of safe energy storage that smooths out the energy needed to the hours that the local network can deliver, again without the need for expensive network reinforcement. Faster delivery of this energy and power to the EV allows more vehicles to use a single asset, therefore, giving the customer a quicker, cheaper service and the asset owner a better return.

A different form of the Carbon-Ion product could also be built into the vehicle’s structure (structural energy storage), making for simpler and cheaper onboard energy storage than the complex lithium packs currently used. Carbon-Ion already has the IP necessary to create structural energy storage.

Carbon-Ion’s mission is about improving the performance and manufacturability of supercapacitors. This is achieved by using improved materials that allow for rapid assimilation and disbursement of energy, increasing energy density, and very long life spans. Carbon-Ion uses a combination of advanced carbons and ionic electrolytes. Non-flammable chemical solvents are used in the manufacturing of the electrolyte. This makes Carbon-Ion’s products very safe, non-volatile, and with improved sustainability.

Carbon-Ion will enable true power on demand. Carbon-Ion cells have unique properties that allow them to charge and discharge extremely quickly while still retaining meaningful energy storage, which enables the delivery of fast, clean power on demand. These unique Carbon-Ion cells can also deliver a powerful boost in hybrid systems, such as grid energy storage or electric aviation.

Currently, global energy systems are at the beginning of a transition to fully electric living, disrupting nearly every industry in the world. As a result, there is a critical need for better and more diverse energy storage so that industries can provide more impactful solutions to all consumers. Carbon-Ion can bridge this gap in a groundbreaking way by delivering fast, clean power on demand to a broad range of applications from infrastructure to individual products and from grid services to drones.

Carbon-Ion’s speedy, reliable, and safe technology and unique material properties allow for a swift response time that adds value to the entire power system. Carbon-Ion cells have high cycle life and ramping capabilities. Furthermore, they can perform without noticeable performance degradation over hundreds of thousands charge-discharge cycles. This will create significant efficiencies in energy systems that will, in turn, save money, time, and resources.

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Forward-Looking Statements: Certain information set forth in this presentation, together with any supplements and any other information that may be furnished to prospective investors by the Company in connection therewith, contains “forward-looking statements” and “forward-looking information” within the meaning of applicable United States securities legislation (referred to herein as forward-looking statements). Except for statements of historical fact, certain information contained herein constitutes forward-looking statements which include but are not limited to statements related to activities, events, or developments that Carbon-Ion Energy, Inc expects or anticipates will or may occur in the future, statements related to the Company’s business strategy objectives and goals, and management’s assessment of future plans and operations which are based on current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. Forward-looking statements can often be identified by the use of words such as “may”, “will”, “could”, “would”, “anticipate”, ‘believe”, expect”, “intend”, “potential”, “estimate”, “budget”, “scheduled”, “plans”, “planned”, “forecasts”, “goals” and similar expressions or the negatives thereof. Forward-looking statements are neither historical facts nor assurances of future performance. Forward-looking statements are based on a number of factors and assumptions made by management and considered reasonable at the time such information is provided, and forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements.

European Customer Service Experts Enteractive Survey Americans’ CS Positions Prior To Market Entry

06/12/2022 by Susan von Seggern

Harris Poll Findings Reveal Americans Would Like Human Interaction
Gzira, Malta –June 9, 2022 – Enteractive, a noted customer service and retention concern with clients and offices across the European Union today announced the results of a survey of American’s attitudes towards customer service in the United States prior to entering the market later in the year.

Their findings were consistent with what one might expect given the dismal state of customer service in US, especially in the technology and entertainment fields currently. Some of these include:

90% of respondents would prefer to speak with a real person when contacting a brand with a customer service enquiry
89% of respondents believe brands’ customer service agents should speak the same language as the customer they are calling
87% of respondents think US brands should use a CALLER ID when contacting customers so they can clearly see who is calling them
85% of consumers said they are MORE LIKELY to stay loyal to a brand that uses real people for customer service
70% of respondents find robo-calls from brands frustrating, with 54% confiding they are VERY frustrating.
Overall, on average, over 53% believe that getting through to a real person is DIFFICULT when calling a brand’s customer service number, with the numbers even higher among older respondents
41% of respondents would be happy to get a call from online entertainment or technology brands to check in and improve the customer relationship

Enteractive CEO Mikael Hansson noted, “I was so pleased to see the results as they bear out our personal interaction business model, that we are excited to be bringing to the US later in the year.” Adding, “Since 2009 we’ve had real people talking to our clients’ customers in their own language to bring them back with amazing success. We’re looking forward to helping US companies with their customer retention by actually speaking with their users as well.”

A leader in customer retention in the popular and legal online gambling sector in Europe, where clients typically see a 500% increase in customer reactivation, and a 300% increase in customer spend, Enteractive is entering the US market as online and mobile sports betting and other iGaming formats grow quickly as the number of states with legalized sports betting has increased. With recent legalization in New York, plus 19 other states allowing some form of wagering, online gambling brands are signing up thousands of new players during important sporting event like the Super Bowl, March Madness and the upcoming Tennis Grand Slam events, the US Open and Wimbledon.

Enteractive also polled the sample on attitudes towards online gambling and found that 64% support online gambling nationally, while 60% approve of it at the state level.

“While our service works in any customer service or customer relationship management setting, we’ve been very successful in the iGaming space in Europe, and are eager to work with US operators like Caesars, FanDuel, DraftKings, BetMGM, and others. While these companies are spending large sums on promotion, marketing, and competitive odds to prompt high-speed growth as they enter these new markets in the US, they must keep a focus on retention of all those hard-won customers,” says Hansson. Adding, “it’s heartening that the majority of Americans support online gambling.”

To ensure the safety of their clients’ data, Enteractive has developed the (Re)Activation dashboard to give partner brands complete transparency, with real-time reporting for each interaction with individual customers while keeping all data highly secure, GDPR, and Responsible Gambling compliant.

“There’s currently a gold rush in the US sports betting market,” adds Hansson, “and the eventual winners will be those brands that engage with their customers and build relationships for the future. Every brand must keep a clear focus on all aspects of their offering, ensuring that all the hard work in getting to market, and the expense of customer acquisition is not quickly lost to lapsing relationships.”

About Enteractive:
Enteractive is the industry leader in player reactivation, driving innovation through custom-made tech, powered by personal human interaction. As a partner to iGaming operators around the world, Enteractive increases retention and player loyalty through engagement with players in one-to-one conversations.

The3rdBevCo Announces Their Qualification of a Regulation A+ Public Stock Offering

06/12/2022 by Susan von Seggern

Ronkonkoma, New York – April 21, 2022 – Noted beverage, supplement, and finance exec, and The3rdBevCo CEO Peter Scalise today announced that The3rdBevCo has been qualified by the Securities and Exchange Commission (SEC) to list a $50 million exempt public stock offering using the Regulation A+ Tier 2 framework. Interested investors can go to https://the3rdbevcoipo.com/ for info and to begin the investment process.

While many beverage brands are publicly traded, this is the first listing for a company developing unique functional beverages outside the energy drink space. A Regulation A+ offering allows for retail investors to invest in pre-public and private companies. The net proceeds of the offering will be used to accelerate the development and distribution of a number of The3rdBevCo’s functional product lines.

There is a major shift happening in the beverage industry. The largest demographic of consumers, GenZ and Millennials, are moving away from sugary drinks and alcoholic beverages to healthier, guilt-free options. In fact, alcoholic-free drinks have become one of the hottest new megatrends to come along in years. The New York Times recently shared a study that estimated the size of the non-alcoholic beverage market would explode to $1.6 trillion by 2026! The3rdBevCo has created four first of their kind, non-alcoholic and functional beverages for the health-conscious sipper. Savvy investors now have the opportunity to get in on this emerging mega trend.

As The3rdBevCo CMO Cecil Robles notes, “Imagine owning a piece of Red Bull when they first launched. Now imagine owning a piece of the next giant beverage trend. Well today we are excited to be able to allow any investor the opportunity to invest in a company and industry-savvy team that is trail blazing in this market sector once again. We are poised to disrupt the non-alcoholic beverage space with innovative drinks and formulations. For early-stage investors looking to ride this multi-billion-dollar wave, The3rdBevCo is a unique investment opportunity that has potential to deliver handsome financial returns.”

Robles explains the announcement in video form on Benzinga’s LinkedIn here.
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About The3rdBevCo:
We’re a team of disruptors and innovators bringing our combined years of market expertise to the everyday decisions we make for our brands. Our mission is to be a different kind of beverage company by bringing healthy and first of their kind alternatives to the market. Together we’re positioned to disrupt a mega industry, take market share, and create a big win for investors. Connect with The3rdBevCo at https://the3rdbevcoipo.com.

Legend: AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT. THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT IS AT: https://www.sec.gov/Archives/edgar/data/1819117/000121390022008180/ea155575-1apos_the3rdbev.htm. YOU SHOULD READ THE OFFERING CIRCULAR BEFORE MAKING ANY INVESTMENT.

Forward Looking Statements: Certain information set forth in this presentation, together with any supplements and any other information that may be furnished to prospective investors by the Company in connection therewith, contains “forward-looking statements” and “forward-looking information” within the meaning of applicable United States securities legislation (referred to herein as forward-looking statements). Except for statements of historical fact, certain information contained herein constitutes forward-looking statements which include but are not limited to statements related to activities, events or developments that The3rdBevCo expects or anticipates will or may occur in the future, statements related to the Company’s business strategy objectives and goals, and management’s assessment of future plans and operations which are based on current internal expectations, estimates, projections ,assumptions and beliefs, which may prove to be incorrect. Forward-looking statements can often be identified by the use of words such as “may”, “will”, “could”, “would”, “anticipate”, ‘believe”, expect”, “intend”, “potential”, “estimate”, “budget”, “scheduled”, “plans”, “planned”, “forecasts”, “goals” and similar expressions or the negatives thereof. Forward-looking statements are neither historical facts nor assurances of future performance. Forward-looking statements are based on a number of factors and assumptions made by management and considered reasonable at the time such information is provided, and forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements.

Ei.Ventures and Orthogonal Thinker Acquire 12×12 Estate in The Sandbox in Anticipation of PSLY.COM Launch Post-Merger with Mycotopia Therapies in Q1 2022

01/11/2022 by Susan von Seggern

Miami, Florida – January 4, 2022 – Ei.Ventures, along with Orthogonal Thinker, is excited to announce the acquisition of a 12×12 estate in The Sandbox, a virtual world where players can build, own, and monetize their gaming experiences on the Ethereum blockchain. This purchase represents the third-largest land sale in the Metaverse and is valued at $2.22M. The land will be called PSLY.COM, the name of the soon-to-be merged company of Ei.Ventures with Mycotopia Therapies.

After only a week on the platform, Ei.Ventures and Orthogonal Thinker CEO David Nikzad was ready to invest in a legacy project for the combined companies’ vision of psychedelic therapy and move into the Metaverse over the next 36 months, noting, “The combination of our tech, cannabis, psychedelics, outer space, and crypto-related holdings will all be utilizing this exciting space. We are very excited to invite all of our portfolio companies and investors to be part of something extraordinary.”

Ei.Ventures now owns 144 pieces of Sandbox land that make up this 12×12 estate. Their neighbors include noted companies like Axie Infinity, SANDBOX, Binance, and many others. PSLY.COM is now right in the middle of these disruptive giants.

While the exact plans for the PSLY.COM Sandbox space are still in development, expect wondrous VR experiences of Hawaii, positive psychedelic trips, healing modalities, and much more.

Nikzad adds, “As I remember my early days as an investor going to Y Combinator, it was about looking at things that were 10B disruptive. Health and Wellness is a trillion-dollar market. As we’ve now gone through COVID and are still in the craziness of it, these technologies will become much more important as communications and how financial transactions are handled is changing,” and ends with thanks to “Blockchain.com, MetaMask, NFTTRADER, and all the individuals and teams, including Ei’s co-founders, that came together to execute this transaction.”

Mycotopia CEO Benjamin Kaplan adds, “as we are working to close our merger with Ei.Ventures, we are so heartened by the forward-thinking moves Ei is making to set up PSLY.COM for success in the Metaverse and beyond.”

Ei.Ventures Closes Out an Exciting 2021, Heads into 2022 Leading the Way in Psychedelic Medicine Development, Fundraising and more

01/11/2022 by Susan von Seggern

Miami, Florida – December 15, 2021 – First and foremost the Ei.Ventures’ Reg A+ raise has been incredible. Support from investors from all over the country has topped expectations. As it stands, Ei.Ventures has raised $19,914,863 of a $50 million qualification.

With new studies emerging showing that microdosing psychedelics has a clear association with fewer symptoms of depression, anxiety, and stress, it’s no wonder there is such a desire to see Ei.Ventures’ Psilly and other psychedelic medicines hit the mainstream.

And as of last week Ei.Ventures announced some exciting news regarding its Go Public pathway: the company signed an LOI with Mycotopia (TPIA) to explore a merger and the formation of PSLY.COM, a $360 million transaction, and will apply to list shares on NASDAQ. More info about the potential merger and anticipated NASDAQ listing is available here. Ei.Ventures CEO David Nikzad notes, “This is a very exciting deal that provides more certainty in a “Go Public” path forward and disrupts the typical investment-banker run going-public model which is often full of bumps and headwinds. Ei.Ventures anticipates closing on the merger in March 2022, assuming we reach a definitive agreement.”

Part of Ei.Ventures’ business strategy has been to develop revenue producing products and partnerships while the novel psychedelic medicines move down the clinical pathway and into legal jurisdictions. On that front the company has been working on three key partnerships over the past few months.

The first joint venture partnership is with The3RDBevCo out of New York. The3RDBevCo is focused on creating first to market functional beverages into the $110 billion global functional drink market. The3RDBevCo will produce the Psilli line of functional mushroom drinks. Psilli will come in five unique blends that target energy, immune support, sleep, cognition, and mood. Interested beverage and mushroom fans can register to win a lifetime supply on launch in late Q1 of 2022 and learn more about Psilli here.

Ei.Ventures also made progress on the clinical development front, with an engagement with Tioga Labs, a premier transdermal research and development company with US offices in San Diego, a noted biotech hub. Tioga has secured the required DEA credentials to handle psychedelic drugs, and has acquired the raw materials to begin development and testing of a transdermal delivery system. Forbes covered the engagement here.

In conjunction with the development of this novel transdermal formulation, Ei.Ventures has also signed a non-binding LOI with RYAH, a connected device, big data, and technology company focused on valuable predictive analysis in the global medical plant and nutraceutical intake industry. RYAH has developed a smart patch technology that would further enhance the transdermal delivery system.
The proposed collaboration is expected to:

Assess the compatibility of the RYAH Smart Patch delivery and monitoring device, software, and data platform with Ei.Ventures’ proprietary psychedelic formulations
Further Ei.Ventures’ research and development strategy, accelerating use testing on controlled delivery and monitoring of psychoactive compounds for mental wellness treatments
Position the companies toward a commercial licensing arrangement to deliver psychedelic therapies, in anticipation of governmentally approved treatment options for mental healthcare

There is more info about the LOI here.

In addition to these, Ei.Ventures is working on finalizing an additional partnership with a biotech company focused on developing novel bio synthetic psychedelic materials. This would allow rapid production of botanical psilocin for the current clinical development at an incredibly low cost.

It would also allow pursuit of additional novel patents and IP within the space at a rapid pace. As such Fox Rothschild has been engaged as counsel for further IP development and filings.

The company anticipates that three other very major initiatives will be announced soon.
Ei.Ventures CEO David Nikzad concludes, “As 2021 comes to a close we would like to wish all in the psychedelic, startup, and investment communities, along with our new friends in the South Florida business community, who have been so incredibly welcoming, a wonderful holiday season and a fantastic new year in 2022.”