Magnus Rewards is a Title III - Regulation Crowdfunding Campaign and is actively accepting investments.
$100.00 minimum investment

Magnus Rewards

An App that pays consumers to view ads!

Small OPO
Mount Washington, KY
Advertising and Marketing
US Investors Only
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The Future of Local Advertising

Invest in Magnus Rewards

We believe local advertising is dying, digital marketing is broken, and Magnus Rewards is the solution. 


We believe local advertising is dying. Local businesses are seeing their investments in local newspapers, direct mail circulars, and radio and television ads deliver fewer and fewer returns. Consumers are moving away from print newspapers and coupons in staggering numbers, they are DVR'ing past television commercials if they're not already using subscription based services like Hulu or Netflix, and apps like Pandora and Spotify have all but replaced FM and satellite radio


"These market shifts will favor those who aggressively commit early to new communications approaches, and learn how to succeed." 

Adam Hartung 

Forbes


When was the last time you picked up the newspaper to see what ads or coupons were available?  When was the last time you got excited about a commercial break on television or radio? 


In addition, online click through rates on banner ads are at an all-time low in the United States. Barely .35% of banner ads are clicked and there is no way to tell how many of those are by accident. We believe video-based ad platforms like Facebook, Instagram, SnapChat, and YouTube are all scrambling to figure out how to get more ads in front of consumers, because consumers are ignoring or skipping ads on their respective platforms. This is supported by a recent study that says 43% of people who block ads do so because there are too many ads or too many interruptions. 


When was the last time you clicked on a banner ad or got excited to watch an ad on Facebook? We know, never, because there is no benefit to you, we believe it's solely an inconvenience. 


Everyone in the advertising business is scrambling to change the dynamic, but only a select few are focused on the most important issue...consumers feel used by businesses and advertisers. They have no piece of the pie and that is where Magnus Rewards excels. 

 

"Advertisers and businesses must begin to focus on the consumer if they want to keep selling their products and services. Consumers want to be compensated for their time and their extremely valuable digital presence."  James W. Killen 

CEO, Magnus Rewards


Now is the time, consumers are ready for a shake up in the local advertising arena, and Magnus Rewards is poised to shake it up for them! 

Magnus Rewards intends to license and utilize existing technologies in future versions of its product in order reduce development cost and increase our speed to future market.

According to BIA Advisory Service, the local advertising market is a $151 billion industry, of which $40 billion are spent on local television and mobile ads. Not to mention, the largest segment of this $151 billion market, direct mail, is a dying industry and represents an additional $40 billion in this space. 


Magnus Rewards is designed to capitalize on increasingly hostile consumer sentiment toward "junk mail" and social media-centric digital advertising. With our early stage positioning, and our intent to license new facial recognition software in future versions of our product as a means of verifying engagement and viewership, we can take the local advertising market by storm.


It's time! The entire dynamic associated with local advertising is changing! Jump on the Magnus Rewards bus as we push to be a leader in the local advertising industry and one of the first disrupters of the digital advertising revolution! 


The Magnus Rewards Team


“We are on the precipice of different advertising channels taking lead positions in the local advertising marketplace."       

  Mark Fratrik 

Chief Economist for BIA/Kelsey

The Offering

Investment
$1.00/unit│When you invest you are betting the company’s future value will exceed $642,000.


For details on the bonus, please see the Offering Summary below.


We started with nothing except an idea and we have brought that idea to life on a shoestring. Dedication, drive, a thirst for excellence, and a love for what we are doing is fueling our success and we are only going to move forward.

We started as an idea in our founder's head. From the idea stage, James began to test the market's acceptance of the concept and learn as much as possible about the local advertising market Magnus would be launched in. As soon as the concept is explained to a business owner or marketer it is understood and encouraged. James learned that the market is ready to move to a consumer-centric model from the current business-centric model.

Once the concept was vetted, he enlisted a development team who could bring the project to life. While the team was working to produce a minimum viable product, James set out to build the team that would bring Magnus Rewards to market. 

Since March of 2018 Magnus Rewards has taken on a web designer, a MBA with years of experience handling multi-million dollar projects, a securities adviser with more than 20 years in finance, and a business mentor with more than 30 years experience in our proof of concept market, Louisville, Kentucky. 


Today we have a fanatic for a CEO, a brilliant CFO, one dedicated developer whom we all refer to as the Wizard of Coding, a genius webmaster, and a board of advisers who have all pledged their unending support for Magnus Rewards. 


Magnus Rewards is making smooth and steady progress:


  • We began pitching potential clients in the proof of concept city. 
  • We successfully tested our first beta with 12 clients and 40 testers. 
  • Per the graph: Our test concluded with 2,635 video views and 3,952 survey questions answered. 
  • We do not have loans or credit card debt, our friends and family round collected $20,000 with zero equity distribution. 
  • Our team collaborates daily with no guarantee of payment, because we all believe in the concept and business so strongly. 
  • We are currently working on our second beta with 20 clients and 240 testers. 

Our Products

Magnus Rewards will become the new face of local advertising. 

Moving to a digital, consumer-centric advertising model is key for the survival of local business because print media, local television and radio ads are steadily losing value and the attention of consumers. 


If the advertising industry does not change our society will begin to resemble the popular cult flick "Idiocracy" in that everything we own and every building will be covered in ads. The issue being, consumers eventually unplug from the constant bombardment, so businesses and advertisers double-down to the point everything becomes an ad. 

Actual Screenshot of the app homepage.

What makes Magnus Rewards unique?


  • We focus on local, consumer-relevant ads.  
  • The money we collect from businesses and advertisers gets reallocated into the local community.  
  • Magnus Rewards creates an advertising revenue life-cycle that is unmatched in the industry. 
  • Businesses and advertisers can quickly and easily ask the thoughts of their customers without inconveniencing them or interrupting their preferred content.  
  • We have a full production crew ready to develop ads for businesses who may not have a video ad prepared.  
  • We have view packages to fit even the smallest business!

Magnus Rewards is a one stop shop for the Mom & Pop as well as the established advertising agency. We will execute, we will succeed, and we will change the local advertising landscape.  

Redemption!

Local businesses get local consumers and their ad dollars go right back to them!

Newspaper Ads are Dying!

When was the last time you looked at the ads in the paper or clipped a coupon? We believe it's a dying industry!

Non-Profits!

Local advertising dollars going to help local non-profits? Unheard of, but a huge community and social responsibility benefit! Plus, the businesses get the write-off!

Surveys!

Businesses can easily pay more than $1.00 per survey or engagement, but with Magnus Rewards, the survey is part of the experience!

Local Advertising Market

We believe the local advertising industry is on the precipice of a massive changeWith record growth projected and the decline in traditional, local advertising mediums, the conditions are right for the supersized growth of digital, consumer-centric local advertising. 


We are one of just a small group of teams building the new consumer-centric market and we are the only team focused solely on local markets. We are launching our proof-of-concept in the Louisville, Kentucky area with an emphasis on a 25-mile radius around the city. This area includes just shy of 1-million people, 17,000 small businesses (less than 100 employees), and more than $140 million dollars in local advertising. 

Upon successful roll-out in Louisville, we plan to duplicate the model in Indianapolis, Cincinnati, Nashville, Lexington, and St. Louis. After a successful regional roll-out we anticipate being nationwide before the close of 2020 when local advertising is expected to reach the $170 billion dollar mark (see graph). 


With your investment and this initial round of funding we will complete our proof-of-concept and be well on our way to tremendous growth. 


Our Team

 James Killen, Founder and CEO


James has 10 years of digital marketing, social media and communications experience and a BS in Law and Public Policy from the University of Louisville. He is a combat veteran with more than 17 years in the United States Marine Corps and Air National Guard. He began his military career as a Private and separated as a Captain, becoming what the military refers to as a Mustang in 2013. James has held senior social media and digital marketing positions in the non-profit veterans group, Disabled American Veterans, the Department of Veterans Affairs, and the Fort Knox Family, Morale, Welfare and Recreation division.

Stephanie Watson, CFO


Stephanie has more than 10 years experience in contracting and project management, working with several hundred million dollar government contracts for the United States Army and federal government. She has a keen eye for detail and manages to keep James on track, a feat in and of itself. Stephanie currently works full-time as a Deputy Program Director for Ability One, an organization that promotes the hiring of America's disabled workforce with companies who have secured government contracts. She looks forward to joining Magnus Rewards full-time in the next 6-8 months. 

Jennifer Douyard, Design and Web


Jennifer has decades of experience in business and start ups. She joined the Magnus team as an adviser and quickly became an integral part of the team. Today she works on the web and design aspects, building our marketing and promotional material. 

John, Adviser and Long-time Friend


John's last name is being withheld because his work prohibits him from an official role in Magnus. As a friend of James' for more than 15 years it is crucial to note for potential investors his influence and amazing advice. John has a MBA from Seton Hall, more than 20 years in finance, is a brilliant troubleshooter and acts as a sounding board for James. John has no financial stake in Magnus nor does his advice impact his integrity or the integrity of his important work. 

Jesse Hockenbury, Lead Developer


Jesse is the wizard of coding behind Magnus Rewards. He is a mobile developer and project manager for the Center for Applied Informatics at Northern Kentucky University. He holds a Masters degree in online communication and web design from the University of Florida. 

Invest in Our Company Today!

We have a very simple and elegant business model, the Occam's razor of local advertising. The interesting thing, everyone who hears about it loves it (well, almost everyone, we've been told "I wouldn't download that" one time!) We've put together a great team to get this business started, we're already looking for new team members who can bring expertise and vision to the company, and we're bringing on new businesses everyday. We have a downloadable, minimum viable product that you can test yourself on the App Store or Google Play Store by searching for Magnus Rewards. With your investment we'll be able to accelerate our growth, scale wisely, and develop a very successful local advertising platform that we can then take to new communities. Invest with us today and be part of the Future of Local Advertising.

Offering Summary

Maximum 107,000 Membership Units ($107,000)

*Maximum subject to adjustment for bonus units. See 10% Bonus below

Minimum 10,000 Membership Units ($10,000)


Company
MPW Associates, LLC d/b/a Magnus Rewards
 

Corporate Address
553 Bleemel Lane, Mount Washington, KY 40047
 

Description of Business
Magnus Rewards is a local advertising app that connects businesses and consumers in a win/win partnership. Magnus Rewards keeps local ad dollars circulating locally. 
 

Type of Security Offered
Membership Units
 
Purchase Price of Security Offered
$1.00 per unit
 

Minimum Investment Amount (per investor) 
$100.00












The 10% Bonus for StartEngine Shareholders

MPW Associates, LLC 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 units you purchase.  For example, if you buy 100 Membership Units at $1.00 / unit, you will receive 10 bonus units, meaning you'll own 110 Membership Units for $100.   Fractional units will not be distributed and unit bonuses will be determined by rounding down to the nearest whole unit.

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

Example - The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: 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 debt or back payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$0.00 USD
$0.00 USD
Cash And Cash Equivalents
$0.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$0.00 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
$0.00 USD
$0.00 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

We Made It!

1 day ago

A big thank you to all those who have invested in Magnus Rewards. We are pushing forward everyday and on track to turn this into an amazing local ad channel! We'll be working with Start Engine to disburse funds and we're working on a website redesign right now too. Stay tuned for updates on that and the activation of the Rewards as we come out of testing!


~James

Progress Report

8 days ago

Hey everyone! While we haven't made our initial goal just yet, we are not discouraged! We have been diligently pushing forward and look forward to the last two weeks of our campaign and making our goal.

In the meantime, this is what's happening right now. We're making an explainer video for business owners and employees, so they know how to accept the Rewards once those go active. We're planning to make those Rewards live by December 1. We've partnered with AE Studio to continue our development and give some help to Jesse on some of the more complex back-end analytics, reporting and even building an API between us and local businesses who offer online sales. Finally, we're planning a free marketing seminar for local business owners and partnering with BNI of Bullitt County.

Anyway, that's where we are at the moment and pushing forward. Please share our investment page with your friends, family and colleagues and encourage them to get on board. We're going to make this a success and the more people who benefit from it, the better. Remember, we're all family now!

~James

Membership Units vs Shares

about 2 months ago

 We had a great question from Michelle below and I wanted to expound on it for everyone who has already invested, and those who will in the future. 

When we formed initially, we formed as a LLC.  Ownership in a LLC is allotted in membership units rather than shares, but as LegalZoom outlines in the link below, the membership units and shares function similarly. 

https://www.legalzoom.com/knowledge/llc/topic/ownership-percentages 

There are future plans to convert to a corporation, upon which the membership units will be given a percentage of ownership and converted to shares based on that percentage.  Calculating that percentage will be done by taking the current number of membership units owned and dividing that by the number of outstanding membership units or 535,000. So an investmemt of 1,000 membership units would be calculated as a percentage ownership og .00186%. Upon execution, the number of shares issued would be multiplied by that percentage and those shares would be issued to the investor. 

I hope that helps to clarify the membership units versus shares and how those could be calculated in the future. 

~James

24 Hours in the books!

about 2 months ago

I would like to personally thank everyone who has invested in our business. I say “our business” because we’re all family now. Our company, MPW Associates (d/b/a Magnus Rewards) was founded with family in mind. MPW is short for Mames, Pumpkin and Wabs, the nicknames I have for my intelligent, beautiful, and talented daughters. Magnus is short for Magnum Opus, Latin for “great work” and this is my great work, this is my Magnum Opus, the legacy I am building for my babies, and I am beyond excited to welcome all of you into our family. I promise to work just as hard for you as I do for my babies.  

Please take a few minutes and invite others to take part in our business and the future of local advertising. 

~James


PS: We welcomed the City of Mount Washington, Kentucky this morning. In the coming weeks we’ll be building public service campaigns for them and promoting their Small Business development objectives on the Magnus Rewards platform. Very exciting morning! 

First Investment!

about 2 months ago

We did it! We're live and we got our first investment minutes out of the gate! We barely had enough time to notify the team that we were live! We're really excited about this opportunity and we can't wait to take the local advertising market by storm. Thank you for your interest and your support of Magnus Rewards!


~James

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