WaterBlocks
Helping Save Lives, our Communities and our Environment
Regulation Crowdfunding
Denver, CO
Engineering
Accepting International Investment
Reinventing Flood Barrier Systems Through Superior Design & Rapid Deployment
Invest in WaterBlocks™
WaterBlocks™ is a registered TradeMark and dba (alternate corporate identity) of Locking Line Barriers Corporation.
Locking Line Barriers is proud to introduce a revolutionary product line that's primed to set a new bar in large-scale flood protection, WaterBlocks™, along with our new Digital Barrier Sharing Network.
Flooding affects more and more Americans every year - and yet, we continue to rely on inadequate systems for managing, redirecting and stopping the onslaught of flood waters.
WaterBlocks™ are steel-reinforced, interconnecting plastic units that link together to create a watertight wall of protection. What makes WaterBlocks™ so special is their unique design, which allows them to be both rapidly-deployed and efficiently-assembled and removed.
WaterBlocks™ have many useful applications including crowd - traffic safety and control, construction site protection, natural resource conservation and more.
Looking ahead, Locking Line Barriers has also developed an integrated business model for long-term success and growth in our new Barrier Sharing Network, a forward-thinking solution that enables communities to have timely access to WaterBlocks™ on a cost-effective, as-needed basis.
Flooding strikes with little notice, but WaterBlocks™ empowers municipalities, governmental agencies and NGO's to be better equipped with a new Tool to protect lives, communities and our environment.
Invest in WaterBlocks™ dba Locking Line Barriers Corporation with confidence as we prepare to go to market with our revolutionary WaterBlocks™ product line and related services. Funds from this crowdfunding raise will be used to support inventory expansion, marketing, promotions, and product line sales at trade shows as well as promotional events with municipalities across the country.
The Offering
Investment
$2/share│Class B Non-voting Shares
When you invest you are anticipating the company’s future equity value will exceed $19.0 million.
Perks Packages List
$200+ Investment - a Digital Certificate of Ownership Replica - (bragging rights)
Every Investor receives a Digital Certificate.
Investors over $500 receive the one applicable perk listed below:
$500+ Investment - Lunch On Us
($25 Outback Steakhouse Gift Card)
$1,000+ Investment - Dinner On Us
($60 Outback Steakhouse Gift Card)
$5,000+ Investment - a Las Vegas Getaway*
(Hotel for 2 people for 3-days/2-nights)
$10,000+ Investment - a Grand Las Vegas Getaway*
(Hotel for 2 people for up to 4-days/3-nights -
plus 2 Show Tickets & Dinner with LLB CEO)
$15,000+ Investment - a Reno VIP Getaway*
(Hotel for 2 people for 4-days/3-nights, show tickets and Dinner with LLB CEO)
* Airfare not included
$20,000+ Investment - a Grand Reno VIP Getaway
(Hotel for 2 people for 5-days/4-nights, Domestic Airfare, show tickets and a Golf/Ski Day, plus Dinner with LLB CEO )
$30,000+ Investment - a Colorado Concierge Vacation
(Hotel for 2 people for 4-days/3-nights, plus Domestic Airfare, Ground Transportation, Dinner with LLB CEO,
and a Custom Entertainment Package including either sporting event, skiing or touring with Concierge Assistance throughout your stay)
$50,000+ Investment - a Grand Weeklong Colorado Concierge Vacation
(Hotel for 2 people for 7-days/6-nights, plus Domestic Airfare, Ground Transportation, Dinner with LLB CEO
and a Custom Entertainment Package including your choice of sporting event, skiing or touring with Concierge Assistance throughout your stay)
See More Details at www.WaterBlocks.net/perks
Please also note:
You may elect to donate the monetary equivalent of your perk to
the Disaster Support Foundation or any other charity of your choosing.
*All perks occur after the offering is completed.
"Locking Line Barriers was founded with the mission to provide a superior flood protection system to help saves lives, our communities, and our environment."
What We've Accomplished So Far
Locking Line Barriers has secured the exclusive license to the Global Rights to Market, License and Distribute the WaterBlocks™ product line and related services. Which included the right to utilize the WaterBlocks™ trademark as an alternate corporate identity during the term of the license.
With over 100 years of combined experience in industrial manufacturing, construction, disaster response, damage control and logistical operations, we are poised to capitalize on the market viability of our superior flood barrier protection system.
In preparation to go to market, we've already gone to great lengths to execute an in-depth market research study as well as create a comprehensive WaterBlocks marketing and sales system for the Distribution, Sales & Sub-Licensing of WaterBlocks™ products and services.
We've also developed a forward-thinking community-driven 'Barrier Sharing Network' to provide for the efficient rental and rapid deployment of WaterBlocks™ systems - more on that below.
Looking ahead, our next major steps are as follows:
- Provide everyday investors with an opportunity to participate in LLB equity ownership and future profits regardless of networth
- Create Revenue Sharing (investment pools) for Barrier Sharing Network inventory expansion
- Establish financing options for potential clients
- Build Locking Line Barriers Corporation dba WaterBlocks™ into a profitable global organization for the benefit of its shareholders and to help the communities it serves save lives, property and our environment
With your help, we'll be able to get there quicker - and WaterBlocks™ will too. Please read on to see how we're inventively using new technology to solve a major topical problem that affects us all.
The Problem: How Do You Stop a Flood?
You Don’t! All you can do is divert the flood waters elsewhere.
So what can stand between a community and a flood?
Flooding is a growing concern for millions of people and municipalities nationwide. Despite that, there haven't been any major enhancements to flood protection over the years, leaving us relegated to these basic tools:
concrete walls
jersey barriers
sandbags
anything else handy at the time
Fact is - once it starts raining, it's already too late. Communities need a faster, more reliable solution to this looming threat. Most all flood control tools currently available in the US are heavy, not easily moveable or deployable and typically permanent once constructed.
There are, of course, a number of existing plastic barriers on the market - however being designed for traffic safety and control, their uses are limited, rendering them useless for flood control or liquid overflow management.
Over the past three years we have had extensive discussions with municipalities and various governmental agencies reflecting a common theme professed by all: an additional source of flood barrier supply and support is neededOur communities' needs can't just rely on FEMA, NGO’s and the occasional local vendor.
The incredible demand and outstanding need for new and improved flood protection systems is evidenced by the US Army Corps of Engineers’ recent inquiry to Locking Line Barriers which read as follows:
The U.S. Army Corps of Engineers is seeking System for Award Management (SAM) Database registered businesses that can provide temporary perimeter flood barriers in the event of a flood emergency... Particularly:
"the purpose of this NOTICE is to gain knowledge of potential sources that have the ability to provide temporary perimeter flood barriers that meet the following requirements:
- Product designed specifically to facilitate flood risk reduction measures and is meant to be rapidly installed just prior to a flood event, and disassembled after flood waters recede.
- Product installation can be performed manually and/or with mechanized equipment.
- May be reusable or disposable.
- May be for rental or purchase.
- Vendor technical advisor(s) may be available to train on proper setup, utilization, and teardown/repackaging before, during or after the event."
End Notice.
The WaterBlocks™ Solution
In response to the unresolved need for new and improved flood protection systems, Locking Line Barriers proudly introduces WaterBlocks™ to the Army Corps of Engineers - and the world at-large.
WaterBlocks™ are our proprietary line of steel-reinforced plastic polyethylene blocks which link and lock together using magnetic vinyl seals to create a rapidly-deployable plastic wall of watertight protection that prevents liquid penetration at the joints, provides a dry side of protection and diverts the flow of flood water and other fluids.
Since disaster response calls for fast action, we've also ingeniously designed our lightweight blocks to fit together both when deployed and during shipping - so that an entire fleet of WaterBlocks™ may be rapidly-deployed via semi-trailer trucks.
WaterBlocks™ Design
Main Unit
Shipping Set
Deployed
A detailed product explanation video.
WaterBlocks™ have been strategically designed in modular fashion for efficient shipping and minimizing storage space when not in use.
Interlocking and able to be configured any number of ways, each of LLB's WaterBlocks™ has a footprint of less than 4'x4' and the ability to flex up to 15-degrees in either direction at the joints to provide a wall that curves based on natural changes to the landscape.
Individual WaterBlocks™ weigh approximately 50 pounds when empty, so units may be easily carried, placed and configured by a single person. On the other hand, once automatically filled with flood water, the weight of each WaterBlocks™ swells to a mighty 1,766 pounds - making it a formidable barrier between what's wet and what's dry.
Just look at what can fit inside a single semi-trailer truck:
- 96 WaterBlocks™ Main Units
- 8 WaterBlocks™ Corner Turning Units
That's 416 linear feet of heavy-duty, customizable protection packed in a 53' trailer! And while that's a standard configuration, any grouping of barriers may be accommodated as the need arises.
WaterBlocks™ Key Features:
- VERSATILE
- Change Wall Assembly Direction as required
- Control Flooding, Traffic, Crowds & Hazardous Waste
- CUSTOMIZABLE
- Efficiently Lock & Seal Barriers into any configuration
- Stackable
- Self filling in flood use
- RAPIDLY-DEPLOYABLE
- Easily lifted & moved: 2 men, 4 hours installation or removal per truckload
- Transportation & Storage-Friendly – 416 Linear feet per 53’ Trailer
- Quick Release Device to eliminate lifting and permit rapid breakdown of assembled units
- DURABLE & COST-EFFECTIVE
- REUSABLE and Recyclable
- 20 Year Life guaranteed by the manufacturer and an expected life of probably 40 years
- Steel-Reinforced Recycled Polyethylene Plastic
WaterBlocks™ Applications
Containment Walls
For keeping flood water out
Diversionary Walls
For re-directing flood water as needed
WaterBlocks™ have been designed to provide a rapidly-deployable, watertight line of protection against rising flood water. During the past three years of WaterBlocks™ research and development, the product has been modified and enhanced several times to expand its uses and overall value.
The team at LLB is always striving to provide the very best product and marketable solution. We've already incorporated numerous design enhancements and improvements to expand the versatility, function and range of applications for WaterBlocks™. And while the main focus of WaterBlocks™ is and will continue to be to provide superior flood protection, our ingenious line of products may also be utilized for a wide range of other uses.
Today, Locking Line Barriers offers a multi-use product line with the versatility and features capable of providing unique solutions in multiple markets.
Construction & Drilling Site Safety
Insertable fence posts for additional height & security
Pools & Ponds
For protection & conservation of water and/or other natural resources
Islands of Safety
Strong, mobile protection from flood water & other threats
"TruckCrusher! Walls"
The standard width of a street in the USA is 29' curb to curb.
Double-stacked 4' wide x 8' tall x 28' long (21 barriers) = approximately 34,700 lbs. of protective stopping power!
In addition to fine-tuning a range of extended applications for WaterBlocks™, the Locking Line Barriers team has also designed, developed and filed for patent-protection for a new function of WaterBlocks™ as Truck Blockade Walls, we call it the TruckCrusher! configuration.
When double-stacked together, WaterBlocks™ can be configured to stop a rubber-tired vehicle in its tracks. For example, a direct hit from a semi-trailer truck with 20-tons worth of cargo will result in less than ~20-feet of wall movement with the wall of water-filled blocks collapsing around the vehicle and mitigating the force of any exploding shrapnel in the event of a weaponized vehicle terrorist attack.
Such applications make WaterBlocks™ particularly marketable to municipalities, public organizations and private companies executing large-scale events with large crowd attendance.
To barricade a standard 29' wide street, 21 WaterBlocks™ can be double-stacked to create a wall that's 28-feet long, 8-feet high and 4-feet wide.
When filled, each WaterBlock™ has an estimated impact resistance of 5,000 pounds, giving the double-stacked wall a combined estimated 100,000-pound impact resistance. There isn't a rubber-tired vehicle in existence able to penetrate a WaterBlocks™ TruckCrusher!
Locking Line Barriers is currently seeking grants from both the Homeland Security Department and the Department of Defense to fund a physical test of this new added feature.
WaterBlocks™ Asset Management & Barrier Sharing Network
Flooding is a unique disaster in terms of how quickly it strikes - with little notice for preparation. Thousands of Americans across the country have felt the devastating effects of floods and the pain they cause.
Communities under the threat of floods are begging to be better prepared with adequate barrier protection. With our rigorous background in industrial manufacturing, construction and logistical operations, we've gone ahead and envisioned an innovative, forward-thinking solution - the Barrier Sharing Network (think Uber like).
The Barrier Sharing Network is a system whereby WaterBlocks™ can be rapidly transported on short notice as a cost-effective response to pending flood threats - anywhere in the US. Because when it comes to mitigating flood damage and destruction, large quantities of barriers that can be delivered on short notice is key.
We anticipate that our primary stage objectives around the sale of WaterBlocks™ themselves will generate the revenue necessary to support our continued future growth.
The establishment of the Barrier Sharing Network offers WaterBlocks a sustainable, long-term (20+ years) source of revenue and ever-expanding rental and licensing opportunities.
The Barrier Sharing Network is an intangible asset consisting of the software platform (not yet built) - which may ultimately be patentable in its own right - and management thereof.
Since each WaterBlock™ is equipped with an RFID Chip for easy inventory tracking and every LLB Trailer is GPS-enabled, the Barrier Sharing Network presents a nationwide network of readily-available WaterBlocks™ inventory that can be rapidly-deployed to communities in need when flooding strikes.
Locking Line Barriers will seek to secure sponsorship from major corporations, governmental bodies, private foundations and non-profit organizations to underwrite the initial manufacturing and acquisition costs of large numbers of truckloads. This initial inventory base will provide thousands of linear feet of WaterBlocks™ Barriers that can be instantly assigned, transported and deployed to participating municipalities, counties and states in need of flood protection or any other WaterBlocks™ application.
WaterBlocks™ Sponsorship & Branding Opportunities
Knowing the importance of branding when it comes to securing major sponsorships, is why Locking Line Barriers has built-in a way for sponsor corporations, organizations and agencies to be recognized for their support of the Barrier Sharing Network.
LLB incentivizes sponsorship by offering sponsors the opportunity to brand WaterBlocks™ within the Barrier Sharing Network by permanently molding the brand's logo and messaging into the front-facing plastic wall of each unit they purchase or donate.
"For every $1 spent on Disaster Mitigation, $7 are saved in Disaster Recovery Costs."
- The Denver Post
The Market & Industry
To examine the current market viability of WaterBlocks™, Locking Line Barriers commissioned a detailed study looking at the market acceptance, need and overall demand for rapidly-deployable flood protection and multi-use barrier systems. Additional focus was spent on means of access including whether the assets are rented through a web-based asset and cost-sharing network rather than outright purchased per standard convention.
Since the WaterBlocks™ target market is the emergency authorities and responders of municipalities, government agencies and NGO’s, research consisted of a nationwide sampling of 36 randomly-selected jurisdictions.
Our research resulted in these key findings:
Market need & demand for flood barriers far exceeds the current availability of a sufficient supply
Until WaterBlocks™ are brought to market, the need & demand will remain unfulfilled for the foreseeable future
It would take more than 800 Truckloads of WaterBlocks™ (806 to be exact, with 63.5 miles of barriers) to fulfill the demand for flood barrier systems - and that's just for the 36 respondents surveyed.
At the currently-discounted MSRP cost of $130,000/truckload, LLB sales would be $104,780,000 for the 36 respondents polled so far.
Since the market will quickly absorb at least 100 truckloads of WaterBlocks™ in the pilot phase, our research indicates that every effort should be made to grow the inventory of the Barrier Sharing Network.
With our extensive background in construction, the market viability of the WaterBlocks™ product line in this industry is undeniable.
Regulations require every construction site have a safety and security fence bordering the location. Most are weakly-constructed out of chain-link fence, plywood and sometimes plastic, ultimately to be destroyed upon completion of the job. WaterBlocks™ may be used as a cost-effective alternative that can be assembled, removed and reused quickly and efficiently while providing an enhanced level of protection, safety and security.
In addition, drillers in the petroleum industry have also communicated a unique need for WaterBlocks™ as a means of water handling and storage. Since fracking uses water that must be transported in and out of the site on a daily basis, the WaterBlocks™ product line can reduce related costs while providing numerous other solutions to the process by enabling the mobile handling and storage of water virtually anywhere.
We believe the petroleum industry to be a major market for Locking Line Barriers.
Marketing & Sales Focus
We intend to formulate a worldwide licensing program that enables WaterBlocks™ - or a variant thereof - to be sold and distributed overseas.
In fact, we have already received licensing inquiries from Mexico and Holland, however our primary objectives at this time are product sales and the
establishment of the Barrier Sharing Network (BSN) in the United States.
LLB initial sales efforts are focused on six key target markets:
- Product Sales to government agencies and municipalities
- Product Sales to major corporations in the Construction and Petroleum industries
- Distributorship Development and Expansion domestically and globally
- Sponsorship sales to major Corporate Social Responsibility (CSR) departments for BSN inventory expansion
- Crowdfunding Revenue Sharing Agreement Investments in BSN inventory expansion
- Revenue Sharing Agreement Investment Sales and Grants from Charitable 501c3 organizations for BSN inventory expansion based on the following:
We estimate that $1 trillion is held by the more than 80,000 non-profit organizations that fall under 501c3 status in the US. NOTE: this is our estimate of the potential participants from the global group as reported in the chart.
With this in mind, we have also established an agreement with the Disaster Support Foundation (DSF), a 501c3 non-profit who will seek grants and donations to acquire and provide WaterBlocks™ for the Barrier Sharing Network for a share of the revenue. This relationship provides potential charitable sponsors with the opportunity to leverage tax-deductible donations for positive social impact affecting countless communities nationwide.
What Else Makes LLB Special
As a Service-Disabled US Veteran-Owned Business, making Locking Line Barriers Corporation eligible for 'Contract Set-a-Sides' for our products and services with federal government agencies.
The Army Corps of Engineers recently put out a Request For Proposals; inquiring as to the availability of 'rapidly-deployable flood control barriers.'
A proposal in this regard has already submitted and put us in a unique position to capitalize on the opportunity once the first line of WaterBlocks™ demo units have been manufactured.
We wish to sincerely Thank our SPONSORS for their part in providing the Perks for this offering.
Invest in WaterBlocks™ Today!
Locking Line Barriers has the power to market a revolutionary new product with incredible demand and virtually no competition that not only generates revenue and profits, but also saves lives, communities and our environment.
Your investment as a Founding Investor in WaterBlocks™ today will help create an incredible social impact across our country for a long time to come. Join our founders' investment team so we can bring this program and benefits to market sooner than later.
Your investment not only helps us launch - it also makes you a part of the ownership investor team sharing in the profits and growth of the Company.
With your help, Locking Line Barriers can establish and grow the next level of flood protection for communities nationwide. Thank you!
Offering Summary
Maximum 535,000* shares of Class B Non-Voting common stock ($1,070,000)
*Maximum subject to adjustment for bonus shares. See 10% Bonus below
Minimum 5,000 shares of Class B Non-Voting common stock ($10,000)
| Company | Locking Line Barriers Corporation dba WATERBLOCKS |
| Corporate Address | 4155 E. Jewell Ave. Suite 610 Denver, CO 80222 |
| Description of Business | Exclusive Global Licensor and Distributor of the WaterBlocks products and services. Helping Save Lives, Communities and our Environment. |
| Type of Security Offered | Class B Non-Voting Common Shares |
| Purchase Price of Security Offered | $2.00 |
| Minimum Investment Amount (per investor) | $200 |
INVESTOR BENEFITS
Your Total Investment Perk Package List**
$200+ Investment - a Digital Certificate of Ownership Replica - (bragging rights)
Every Investor receives a Digital Cert.
Investors over $500 receive the one applicable perk listed below:
$500+ Investment - Lunch on us - Outback Gift Card ($25)
$1,000+ Investment - Dinner on us - Outback Gift Card ($60)
$5,000 + Investment -Las Vegas Getaway (2 nights/3 days for 2 people)*
$10,000+ Investment - Grand Las Vegas Getaway (3 nights/4 days for 2 people)* (plus: 2 show tickets and dinner with LLB-CEO)*
$15,000+ Investment - Reno VIP Getaway (3nights / 4days for 2 people)* (plus show tickets and dinner with LLB -CEO) * Airfare not included
$20,000+ Investment -Reno VIP Getaway (4nights / 5 days for 2 people) , (plus: domestic airfare - Dinner with LLB–CEO - Golf or Ski Day
$30,000+ 4 Day / 3 nights Colorado Concierge Vacation For 2 People: Domestic airfare and ground transportation, Dinner with LLB CEO, plus a Custom Entertainment Package including either; sporting events, skiing or touring with Concierge Assistance throughout your stay.
$50,000 + 7 Day / 6 nights Grand Colorado Concierge Vacation for 2 People: Domestic airfare and ground transportation, dinner with LLB CEO, plus a Custom Entertainment Package including your choice; sporting events, skiing or touring - Concierge Assistance throughout your stay.
See More Details at www.WaterBlocks.net/perks And Remember: You may elect to donate the monetary equivalent of your perk to the Disaster Support Foundation or any other charity of your choosing. *All perks occur after the offering is completed.
The 10% Bonus for StartEngine Shareholders
Locking Line Barriers Corporation will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders (with ≥ $1,000 invested in the StartEngine Reg A+ campaign) within 24 hours of this offering going live.
StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% bonus on this offering within a 24-hour window of their campaign launch date. This means you will receive a bonus for any shares you purchase. For example, if you buy 50 shares of Class B Non-Voting Common Shares at $5 / share, you will receive 5 Class B Non-Voting Common bonus shares, meaning you'll own 55 shares for $100. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement.
Irregular Use of Proceeds
The Company will incur Irregular Use of Proceeds that may include but are not limited to the following over $1,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company – “related party” debt, back or current payments.
Further, the Company being a Start-Up business with no assets, cash flow or transactional history is unable to establish conventional credit. The Company has developed and will expand what it refers to as “Private Credit Facility (PCF)” defined for accounting and operational purposes as “PCF Debit and Credit Transactions” received from or payable to; vendors, investors, organizations, related parties, and others, who may provide effectively credit and/or funds in kind to the Company, as need from time to time, requiring repayment in relatively short time periods. Depending on timing such repayments may come from and become part of the use of proceeds.
Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$81,503.00
USD
$27,169.00
USD
Cash And Cash Equivalents
$27,593.00
USD
$39.00
USD
Accounts Receivable
$24,250.00
USD
$13,980.00
USD
Short Term Debt
$11,000.00
USD
$0.00
USD
Long Term Debt
$0.00
USD
$0.00
USD
Revenues And Sales
$0.00
USD
$0.00
USD
Costs Of Goods Sold
$0.00
USD
$0.00
USD
Taxes Paid
$0.00
USD
$0.00
USD
Net Income
-$136,183.00
USD
-$58,767.00
USD
Risks
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Updates
Announcing a: 1.5 to 1 Forward Stock Split of Waterblocks Common Stock
5 months agoLocking Line Barriers Corporation
Notice to Shareholders
Dear Investor Team:
Never in my wildest dreams could I have imagined that we would have 1300+ shareholders onboard, supporting our efforts to pursue our mission to help save lives, communities and our environment. You all are incredible! Each and every one of you, including our Board of Directors, and over 30+ Board Advisors, have been so helpful and supportive during the 2020 pandemic followed by the 2021 economic recovery challenges and hurdles. Your support is greatly appreciated.
When we launched a crowdfunding offering, pre-pandemic, it included perks for investors that were well-received, and to be fulfilled upon the closing of the offering. The perks consisted of gift cards for dining, and weekend hotel stays in Las Vegas and Denver. These perks lost their glamour at the onset of the pandemic and could not readily be used by our many foreign investors. We need to amend our offering to eliminate these perks (for future investors), while providing our 1300+ current investors with value in exchange for the promised perks. One of our biggest issues to address is whether our investors now find the promised perks as stated in the offering disclosure rewarding, considering ‘travel and mask mandates,’ etc.
After a great deal of thought, my proposed solution is to utilize a Common Stock split in lieu of the original perks for all shareholders.
I am pleased to inform you that the majority of the Class A shareholders and the Board of Directors of WaterBlocks have authorized the Issued Common Stock of the corporation be split as described fully in the notice below. This decision reaffirms our commitment to building shareholder value. We hope everyone on our Investor Team finds this decision and solution both fair and rewarding. If you prefer to keep your perk instead of the additional shares resulting from the stock split, please reach out to me at CEO@WaterBlocks.net directly so we can accommodate your wishes.
For each share of stock held as of December 31, 2021, you will receive additional Book Entry Share(s) in your Colonial account in accordance with the schedule below. To use the latest technologies to serve you better, the additional shares are being issued in “book entry” form, without stock certificates. Your new shares are being registered on the books of the Corporation maintained by Colonial Stock Transfer Company, our transfer agent and registrar, and added to the shares in your individual account accordingly. You will not receive a stock certificate unless you request it from the Registrar.
Those of you holding Printed Stock Certificates, they are still valid and should not be destroyed or exchanged. Such certificates will continue to represent the same number of shares as shown on their face and should be kept in a secure place, such as a safe deposit box. Split-Shares can be reviewed in your account with our Registrar. Printed Certificates are available through our Registrar.
The stock split will not change your percentage of ownership in the Corporation in and of itself and should not be subject to United States federal income tax. This should not be construed as tax advice and you are encouraged to consult your tax advisor with any questions you may have regarding the tax consequences of the split.
The question, “can you purchase additional shares prior to the split?” Yes, at www.opo2.com, and the ‘10% Perk’ offered right now will be added automatically, i.e. you purchase 100 shares on or before 12/31 you will receive 110 shares added to your account and these shares will be included in the split.
Merry Christmas and a Happy Holiday Season!
Please accept my thanks and gratitude to each of you personally for your patience, fortitude, and continued support, because together we will complete our mission sooner than later.
My warmest regards,
Joe Daniluk,
CEO
P.S. Colonial Stock Transfer has a team dedicated to helping shareholders with their account. Feel free to reach out directly to shareholders@colonialstock.com or (801) 355-5740.
The following notice will be formally posted on our related websites:
Notice Of A Forward Stock Split Of Waterblocks Common Stock
Stock Split Announcement
Locking Line Barriers Corporation
dba
WaterBlocks
WaterBlocks (the “Company”) is announcing that its Board of Directors has declared a split of all issued and outstanding Common Stock shares, in lieu of “perks”, in accordance with the schedule below, effective December 31, 2021 11:59pm PST. The stock split will be in the form of a non-dividend split as the company is a pre-revenue startup with no retained earnings. No change in the proportional ownership represented by the shares shall occur.
Class B (non-voting) Common Stock will continue to be offered unchanged with the exception of the termination of the original perks offered therein, and removed, in consideration of this stock split.
Preferred Series 1 Stock which includes a conversion to Class A shares will continue to be offered and adjusted accordingly at the time of conversion.
Stock Split Schedule:
Class B (non-voting) shares of Common Stock shall be split as follows:
Class A (voting) shares of Common Stock shall be split as follows:
Preferred Series 1 shares issued on or before 12/31/21 shall include the within the Conversion rights to Class A shares, said SPLIT SHARES which shall be included upon conversion as follows;
END ANNOUNCEMENT
Great News To Start Second Quarter!
about 1 year agoSE Update-54
|
HALF WAY THERE! Over the 50% Mark To the Completion of Our Offering! |
|
Investor Team Membership
Now exceeds: 1,250 members
Raising over $550,000.00
Of our $1,070,000.00 Goal!
OTHER HIGHLIGHTS:
Our 2020 Annual Shareholder meeting was successfully concluded with the re-election of our Board of Directors and we thank all present for their participation and support.
More News Coming Soon!
Notice of Funds Disbursement
about 1 year ago[The following is an automated notice from the StartEngine team].
Hello!
As you might know, WaterBlocks has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in WaterBlocks be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Notice of Material Change in Offering
about 1 year ago[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the WaterBlocks offering. Here's an excerpt describing the specifics of the change:
WaterBlocks extended the length of their campaign.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
Notice of Funds Disbursement
over 1 year ago[The following is an automated notice from the StartEngine team].
Hello!
As you might know, WaterBlocks has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in WaterBlocks be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Happy New Year News!
over 1 year agoSE Update-52 New Year 2021 1-7-21
What a Great way to start a New Year!
Terrific News:
|
OVER $500,000 Raised |
|
And
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Our Investor Team Now OVER 1,000 Shareholders |
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We are grateful to each and every shareholder
and all our followers who we welcome to join us!
Notice of Material Change in Offering
over 1 year ago[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the WaterBlocks offering. Here's an excerpt describing the specifics of the change:
WaterBlocks has extended the length of their campaign.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
WaterBlocks Christmas Greetings 2020
over 1 year ago
Notice of Funds Disbursement
over 1 year ago[The following is an automated notice from the StartEngine team].
Hello!
As you might know, WaterBlocks has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in WaterBlocks be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Notice of Funds Disbursement
over 1 year ago[The following is an automated notice from the StartEngine team].
Hello!
As you might know, WaterBlocks has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in WaterBlocks be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
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