INVEST IN MAXTRACKER TODAY!
Anti-theft GPS Protection for cars, kids & all personal property
$77,001.44 Raised
Reasons to Invest
- People are more concerned than ever about rising crime invading their lives and losses from criminal activity, 36 million US homes are protected by video doorbells and security cameras (source). That protection stops at the end of their driveway. MaxTracker protects them everywhere else they may travel.
- MaxTracker’s subscription business model includes long term recurring monthly revenue and an 80% profit margin. We believe our business model promotes strong cash flow.
- Our first product, MaxTracker bike GPS, was introduced on Indiegogo. That successful crowdfunding produced about 420 units sold generating over $63,000. Our initial goal was fully funded the first day of the campaign.
overview
Wherever It Moves, MaxTracker Can Find It
Much has changed in people’s lives since early 2020. Since the long pandemic season began, many people have noticed a significant increase in crimes of all types. It seems that every night the local and national news reports skyrocketing thefts of cars and trucks, bicycles, and other personal property. Even thefts of catalytic converters cut from underneath vehicles have jumped over 1000% in many locations (source).
In response, many people have taken action to protect their homes and families. Sales of home security systems including video doorbells and security cameras have exceeded one million new customers for each of the top companies, SimpliSafe, ADT and Ring. In fact, Ring, the newest company among the top 3, gained 1.4 MM new customers buying systems in 2021 (source). Over 36 million US homes now have home security systems (source).
*Product is pre-production and not yet available on the market.
But in our opinion, all of these home security systems are missing a vital capability. All of their security protections stop at the end of their customers’ driveway.
We believe MaxTracker fills that void. We design and build advanced, affordable anti-theft products to protect and recover cars, trucks, bicycles, personal valuables… anything that moves, MaxTracker can find them. No distance is too far, anywhere in the world.
Additionally, MaxTracker can track and pinpoint locations of family pets if they wander off from their owners and homes. Parents can have peace of mind by pinpointing their child’s location if they become separated in a crowd.
*Product is pre-production and not yet available on the market.
MaxTracker incorporates the latest advanced technologies including GPS, 5G cellular, motion sensors, and iPhone and Android apps developed in-house.
MaxTracker’s real-time GPS tracking products provide users with the ultimate sense of security. Unlike traditional home security systems and bluetooth tracking tags, both of which work only within a limited radius, up to 200 ft, our anti-theft trackers employ state of the art 5G cellular, GPS, and IoT electronics. There are no distance restrictions for GPS. Whether it’s your car or truck, a bicycle, boat, purse, or your child or family pet, all of our devices are tools that alert you to movement instantly, as well as aid recovery efforts in the event of loss or theft.
The Problem & our solution
Property Protection That Isn’t Limited By Location
The problem is skyrocketing crime of every type. A car is stolen every 37 seconds in the US (source). Over 2 million bikes are stolen every year in the US and no more than 7% of them are recovered and returned to their owners (source). Jewelry stores, Best Buy stores, and many other retailers are victims of violent smash and grab robberies around the country (source & source). Add to that purse snatching, carjacking, and many other types of theft, and it is easy to understand why people are wary and looking for solutions.
Security systems and anti-theft devices are a multibillion dollar market, and these types of technology are in high demand, as an increasing number of people feel compelled to protect their personal assets (source). Our mission is to provide solutions that turn the tables on the criminals so that thieves face real justice for their crimes. We believe MaxTracker’s advanced technology can make a substantial difference in protecting people and their personal property.
*Product is pre-production and not yet available on the market.
MaxTracker has created a solution that is a small-scale device, developed with state-of-the-art components so owners can be shown the MaxTracker location in real-time. MaxTracker developed its first successful product, an anti-theft bike security device in a water bottle holder, and is now also producing a second and third product, The MaxTracker Ping and The MaxTracker Ping Plus, which are in their final prototype stage. The MaxTracker Ping products are only a few inches in size and it can accurately track the location of stolen property, or pets, kids and elderly patients, anywhere they go on planet earth.
*Product is pre-production and not yet available on the market.
MaxTrackers are waterproof, weatherproof, offer long battery life, extended signal power, adjustable motion sensitivity, and even the ability to sound an alarm. Additionally, the products are aimed to produce an 80% profit margin, while still making the technology affordable to purchase and accessible to users for a low monthly subscription fee.
The Market & our traction
Securing Future Success
MaxTracker’s first device for bike protection, was launched last autumn on Indiegogo to incredible reception, and since then, momentum for the brand continues to build. So far we have about 400 pre-sales totaling over $63K from 382 customers.
At present, the team continues to receive pre-orders for the MaxTracker Bike Tracker, while nearing the manufacturing stage. Additionally we are near completion of development of our second and third products – The MaxTracker Ping and The MaxTracker Ping Plus.
(source, source, source, source, source)
These two products – which are in their final prototype phase, are our new models that will provide anti-theft tracking for all personal property items beyond the bicycle category. This includes cars and trucks, valuable items like golf clubs, guitars, and purses, and other valuable personal property, also tracking the locations of children and pets.
As we continue to expand the capabilities of the technology, funding from investors will help MaxTracker optimize production, inventory, sales, and marketing, while developing even more high-performance features and future products.
Why Invest
We Prevent People from Becoming A Statistic
According to recent surveys, nearly half of all cyclists will experience having their bike stolen at some point. Of those stolen, only a very small percentage are ever recovered and some are never replaced (source).
At MaxTracker, our first endeavor was to create a device that prevents bicycle theft, and now we are expanding to reduce property loss of all varieties. Video doorbells and security cameras protect people’s homes and families. MaxTracker protects everything else - beyond the end of the driveway.
*These testimonials may not be representative of the experiences of other customers and are not a guarantee of future performance or success.
In our opinion, anti-theft and tracking protection for personal items is the next wave of personal and family security. These are valuables that otherwise lack protection, and we’ve developed the technology to do so effectively, and efficiently.
*Product is pre-production and not yet available on the market.
The home security market is highly profitable primarily because of the subscription business model that produces recurring monthly revenue. Customers pay $15 to $65 per month for home security. MaxTracker’s subscription data fees will be less than $15 per month and our goal for profit margin is about 80%. Considering the size and growth of the home security market, MaxTracker’s goal is to be the market leader in security and protection beyond the end of their driveway.
Help us provide consumers with the peace of mind and security we all deserve by investing with MaxTracker.
ABOUT
HEADQUARTERS
13703 Josephine Ct
Thornton, CO 80602
WEBSITE
View Site
MaxTracker has created a technology system that will build and operate break-through software and electronic components designed to provide anti-theft protection for our customers’ cars, bikes, kids, pets, valuables... anything that moves. Our mission is to provide our customers with affordable advanced GPS, 5G cellular, IoT anti-theft products to protect against rising crimes of theft of personal property.
TEAM
Steven Maxey
Founder, CEO, President & Director
After more than a decade as managing director of investment banking firm Commonwealth Companies, Steve developed his ideas and founded the first dot-com company in the online auto business to provide customers the ability to purchase new or used vehicles, provide bank financing, and have the car delivered to the purchaser, avoiding the usual dealership experience.
Steve secured VC funding for this startup and exited its nationally known tech incubator at the top of its class.
Next, Steve was recruited by the world's largest dot-com auction site to lead their B2C auto sales division. This division provided online sales for large national banks and auto leasing companies, selling off-lease vehicles for those bank leasing companies, maximizing the banks' return on assets.
The concept for MaxTracker originated with Steve's experience of having two expensive mountain bikes stolen from his Jeep's bike rack while it was parked for 10 minutes on a sunny Saturday morning. This began a search for the most secure protection to stop the theft of valuable personal property.
Steve's view is households are well protected by video doorbells and home security cameras and systems, but MaxTracker fills the need for protection beyond the end of the customers' driveway.
The development of MaxTracker fulfills Steve’s passion and mission: To reverse the current outcomes of theft and loss of personal property so the owners win and the thieves are caught and face justice.
James Dotter
CTO, COO & Director
Jim remembers the trauma of having his brand new mountain bike stolen while on a biking trip to Breckenridge. The anger and frustration he felt was top of mind when Steve invited him to join MaxTracker. More recently, his golf clubs were taken, ironically just a few months before he could get a MaxTracker prototype into the bag. He is driven to bring this product into production, to protect his own stuff and that of others.
Phil Harris
Strategic Advisor
Phil is an advisor for MaxTracker and works four hours per week for MaxTracker.
Benny Ellis
Strategic Advisor
Benny is an advisor for MaxTracker and works four hours per week for MaxTracker.
Glen Freundlich
Strategic Advisor
Glen is an advisor for MaxTracker and works four hours per week for MaxTracker.
TERMS
MaxTracker
Overview
PRICE PER SHARE
$2.50
DEADLINE
Mar 3, 2023
VALUATION
$8.33M
FUNDING GOAL
$10k - $1.24M
Breakdown
MIN INVESTMENT
$250
MAX INVESTMENT
$25,000
MIN NUMBER OF SHARES OFFERED
4,000
MAX NUMBER OF SHARES OFFERED
494,000
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Investment Incentives & Bonuses*
Time-Based:
Friends and Family Early Birds
Invest within the first 6 days and receive 75% bonus shares
Super Early Bird Bonus
Invest within the first 12 days and receive 50% bonus shares
Early Bird Bonus
Invest within the first 16 days and receive 30% bonus shares
Amount-Based:
$500+ | STAR LEVEL
Invest $500 or more and receive MaxTracker baseball cap + 5% Bonus Shares
$1,000+ | GALAXY LEVEL
Invest $1000 or more and receive MaxTracker baseball cap + 1 MaxTracker Ping+ with one year free data + 10% Bonus Shares
$2,500+ | NOVA LEVEL
Invest $2500 or more and receive 2 MaxTracker baseball caps + 2 MaxTracker Ping+ with one year free data + 15% Bonus Shares
$5,000+ | SUPER NOVA LEVEL
Invest $5000 or more and receive 2 MaxTracker baseball caps + 2 MaxTracker Ping+ with one year free data + 20% Bonus Shares
$10,000+ | UNIVERSE LEVEL
Invest $10,000 or more and receive 2 MaxTracker baseball caps + 3 MaxTracker Ping+ with 2 years free data + 25% Bonus Shares
$20,000 | MILKY WAY LEVEL
Invest $20,000 or more and receive 2 MaxTracker baseball caps + 5 MaxTracker Ping+ with 5 years free data + 33% Bonus Shares
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
MaxTracker will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $2.50 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $250. 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 during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Salary payments made to one’s self, a friend or relative. Vendor payments.
PRESS
Business Insider
SAN FRANCISCO, July 30, 2021 /PRNewswire/ -- Bike theft cases rise about 14% each year in the United States, and bike locks do not guarantee bike safety in terms of theft, as none is a hundred percent unbreakable. The MaxTracker team has developed a game-changing device for cyclists that, in combina
ALL UPDATES
03.01.23
MaxTracker: 1 More Day to Invest - Under The Hood Article #14
ONLY 1 MORE DAY TO INVEST
ENDING THURSDAY NIGHT @ 11:59
MaxTracker Under The Hood
Come And Join Us - We Are Having Fun!
As our StartEngine campaign is coming to a close, we invite you to take a sneak peek under the hood of the MaxTracker Ping+. It’s called “plus” because it is the basic technology of the MaxTracker Ping, plus a loud alarm.
It has been fun sharing our plans, ideas, and the direction we want to take the business.
We think it might be fun for you to see what’s inside our current technology.
We have plans to do great things, adding compelling tech in AI and Machine Learning, all with the goal of keeping you and yours safe.
We hope you’ll decide to join us on the adventure.
02.28.23
MaxTracker: 2 DAYS LEFT TO INVEST
2 DAYS LEFT TO INVEST
With Only 2 Days Remaining
We Want to Thank You
To our investors, thank you for believing in our vision to bring a measure of safety and peace of mind to individuals and families. The need for protection against the bad actors in our world seems to be surging faster than ever before. With MaxTracker, protection from car thieves, knowing where your teenager is driving, the location of your first grader, and even keeping watch over grandparents with advanced medical alerts, we look forward to bringing you and your family peace of mind and protection you can count on. Thank you for joining our team. You are making a difference by helping to bring our products to our customers.
To our followers, we invite you to join the MaxTracker team. We are bringing the very latest technologies into a market that is vulnerable to a new leader. The legacy competitors have shown little innovation or updated products. They are selling millions of dollars of high-profit trackers every month on Amazon alone. The total addressable market is massive. Amazon is only a small fraction of that.
This campaign ends in 2 days at 11:59 Thursday night. We invite you to join us as we build a company that is laser focused on the opportunities to bring outstanding products into huge markets, providing customers with our superior devices. We expect great and highly profitable success.
With 2 days left, the time to decide and invest is now.
Thank you.
02.27.23
MaxTracker - 3 Days Left to Invest
3 DAYS LEFT TO INVEST
ARTIFICIAL INTELLIGENCE IS HOT RIGHT NOW
BUT WHAT CAN IT DO FOR
FAMILY SAFETY AND PROTECTION?
Suddenly Artificial Intelligence is the HOTTEST SECTOR for VC funding and other business investments. Start-ups and established companies are re-writing their business plans to include AI.
At MaxTracker we were AI before AI was cool.
The personal GPS tracker market has many GPS devices that can tell you their location using an app on your phone. That's about all they can do. We realized that to provide the most valuable service for our customers, our products had to be indisputably higher function than the current competition. The previous dozen articles below provide multiple examples of how MaxTracker provides actions, safety and security for our customers' families and personal property.
Invest in MaxTracker and you are becoming an owner in an innovative company with AI and IoT technology at our core. Join our team and let's disrupt the legacy tech our competition offers.
THIS CAMPAIGN ENDS AT 11:59 THURSDAY NIGHT
02.24.23
MaxTracker Smokes the Competition
MaxTracker Smokes the Competition
THIS UPDATE IS A SUMMARY OF THE DIFFERENCES BETWEEN
MAXTRACKER AND THE BEST SELLERS ON AMAZON
6 DAYS REMAINING TO INVEST
MaxTracker's technology stack is as current as today. Each of the features listed here are outlined in more detail below in our updates over the past two weeks. You can find all of them by scrolling down.
We have studied the top sellers on Amazon in the Personal GPS category. From our research and observations, our opinion is their technology components and software are likely to be 3 to 7 years old. They are GPS trackers with phone apps that can tell you their tracker's location. That's about the extent of their ability. Even with their limited capabilities, they are selling many thousands of GPS devices every month. And those sales are highly profitable.
Here are key components and capabilities of MaxTracker, that others don’t have.
- Artificial intelligence - Total Game Changer. See several articles below.
- IOT electronics - the foundation for our state of the art devices
- 5G cellular data - Faster than all the competition
- 6 axes accelerometers
- Battery charge life measured in months, up to one year – not 2 to 5 days
- Family safety that is not possible without AI and IOT, plus 5G 6 axes accelerometers
- Teen driver safety with reporting real-time alerts
- Edge computing - the latest, fastest computing of massive data streams
- Auto theft deterrent - recognizing broken glass and other signs of theft in real-time, alerting the owner and Police per the owner's preferences.
- Tremendous commercial uses - we will keep this one close to the vest for now.
- Tracking all luggage for airlines - solutions for 684,000 lost bags - 1st Quater 2022
- Medical Alerts with AI that can recognize when a Senior's fall has become dangerous without the need to push a button to receive help and alert 911, family, and others per previous agreement.
These are all features and capabilities MaxTracker has today or are planned additions to our current products. We have found none of these available from competitors on Amazon, except for one product with 5G data.
02.23.23
MaxTracker - FINAL WEEK - Not GrandPa's Tech
7 Day Countdown
~400 Followers
What Are You Waiting For?
THIS IS NOT YOUR GRANDPA'S GPS TRACKER
MaxTracker's Technology Smokes the Competition
- GO TO AMAZON AND SEARCH "Personal GPS Trackers"
- The Top Seller has over 37,000 4 Star Reviews
- Less than 5% of Purchasers leave reviews
- That Imputes 740,000 Sales
- Every Sale Must Purchase a Data Subscription to Operate
- The Top 3 Amazon Sellers Sell 8,000 - 12,000 Trackers Per Month
- AVG Profit Per Sale = At Least $250
- THESE SELLERS' PROFITS ARE $2 TO $3 MILLION PER MONTH*
MaxTracker's Tech Is Far Superior to the Current GPS Devices
DETAILS TOMORROW
HINT: READ THE LAST 13 UPDATES BELOW
*See Our Offering Documents Filed with the SEC
02.23.23
MaxTracker vs Apple AirTag Article #13
FOLLOWERS & WATCHLIST
THERE ARE 377 OF YOU WATCHING OUR OFFERING
THE TIME IS NOW TO JOIN US
7 DAYS REMAINING
MaxTracker vs Apple AirTag
At MaxTracker, we are often asked why not just get an Apple AirTag. It’s simple and seems to do about the same thing.
Our answer is that the AirTag is a great product, useful for finding your car keys wherever they are in the house. Maybe even your cat, although Apple says the AirTags are not for tracking animals or people.
We set the goal for MaxTracker to keep track of your family, your cars and trucks, pets, and your possessions, wherever in the world they are.
The Ultra-Wide-Band and Bluetooth tech behind the AirTag can be very accurate (20 cm) and it works indoors.
But it must be within 200 feet of an iPhone, iPad, or iMac to show you where it is relative to that Apple device. It doesn’t have GPS, so it doesn’t actually know its own location.
In contrast, the MaxTracker has actual GPS, so it can obtain its location within 2 meters anywhere in the world. And it has an actual LTE connection to the network, so it can independently report that location to you, and others in your circle, anywhere you are.
02.22.23
MaxTracker: ONLY 8 DAYS REMAINING TO INVEST Keeping Your Children Safe Article 12
FOLLOWERS & WATCHLIST
THERE ARE 369 OF YOU WATCHING OUR OFFERING
THE TIME IS NOW TO JOIN US
8 DAYS REMAINING
MaxTracker: Keeping Your Children Safe #Article 12
At MaxTracker, we are taking on some big challenges. The one that we want you to think about today is how to keep track of your kids — to be sure that they are safe without hovering.
We wanted to make our smallest MaxTracker (we call it the “Ping”) able to fit into the smallest of stuffed animals, pockets, and book bags.
We set the goals for making a product that keeps kids safe, and that’s what we’re building.
- Small and light — to go inside backpacks and plush toys
- Lasts for months on a charge
- Responds quickly when you want to know your kid's location
- An array of AI features, as we’ve described (see below), can tell you when things are not right!
- The MaxTracker Ping is only 2" long - That is a very small turtle!
02.21.23
MaxTracker and Keeping Your Stuff Safe. Article #11
MaxTracker and Keeping Your Stuff Safe
At MaxTracker, we are dedicated to helping you keep your stuff — your cars and trucks, bikes, cameras, purses, golf clubs, and all the stuff that’s stolen these days.
So why does a deep dive into the Internet of Things (IoT) matter? Why not just buy a cheap tracker? Here’s why:
On the surface, IoT can mean just a tiny thing that tells you where it is. This simplistic approach turns out not to work very well for small, battery-powered things. Why? Because the battery must be charged every other day. That gets old. Fast. Before long, you forget to charge the battery. Guess what happens? The battery is dead when you need it most.
You’d have to be clairvoyant to know when the thief will attack, then be sure to charge your tracker battery and turn it on to be ready for him.
Digging deep into the IoT tech has given us the know-how to keep your MaxTracker’s battery full and only start using it when you need it. That is when the theft has occurred or is in progress, and you need real-time updates until he’s caught and your stuff is recovered.
We’re here to help when you discover that someone helped themselves to your stuff. And with a full battery.
INVEST IN MAXTARCKER
TIME IS GETTING VERY SHORT
02.16.23
MaxTracker and Your Teenage Driver Article #10
MAXTRACKER AND YOUR TEENAGE DRIVER
At MaxTracker, we are dedicated to keeping your family safe. Sometimes that means putting up guardrails against their own dangerous behavior.
Teenage drivers must learn how to manage the deadly force of a moving car. That learning process has to take place on our streets.
Sometimes the lesson comes with severe consequences.
We are working to give parents the tools to know how their teenager is doing, including driving too fast, turning too sharply, driving distracted or even under the influence of drugs or alcohol, or engaging in road rage behavior.
Your teenager may see this as a privacy issue, but parents are responsible for the child’s behaviors and actions until they reach legal age. The Ping is visible to anyone fixed to a window, so nothing is hidden from the young driver.
INVEST IN MAXTRACKER
TIME IS RUNNING OUT
02.15.23
MaxTracker With Edge Computing Article #9
MAXTRACKER WITH EDGE COMPUTING
WILL KEEP YOUR FAMILY SAFE
We have shown how the fourth industrial revolution, or Industry 4.0, is coming online.
Now we want to show how we’re working to incorporate Edge Computing into the MaxTracker ecosystem to benefit families and solve distracted or impaired driving.
Sometimes the job is too critical to fail if the network is down or slow, so the computations must be pushed out to the edge of the system.
Detecting an impaired or distracted driver is that type of problem, whether from texting, DUI, sleepiness, or a health emergency, the Ping will send an alert.
We’re designing Edge Computing into our IoT platform, MaxTracker Ping, to solve such problems.
INVEST IN MAXTRACKER TODAY
TIME IS RUNNING OUT
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
0/2500
Adrian Jackson
3 months ago
No. I’m not in the Insurance Business. I’m an Investor. I learned the basics of investing from my Uncle then increased my knowledge in investing alone. I invest in Public Companies, Private Companies and Start Ups. Where Investing in materials made my Uncle millions. I chose a different approach. My main portfolio is Real Estate, Fashion and Food. The reason i choose these 3 categories to make up 90% of my portfolio is because i know no matter what happens in any economy people will always need clothes to wear, food to eat and shelter. My Real Estate Category is Homes, Apartments, Land and anything that deals with Real Estate for example construction, paint, energy, 3D printing Technology, etc. My Fashion Category is clothes and my Food category is Farms and grocery stores. As you can see I’m more of a necessity investor, My Uncle was more of a material investor (Wood, Plastic, Copper, Gold, Metals, etc). Needs are more valuable than wants and convenience to me. The other 10% of my portfolio is if I see something that i deem very valuable outside of needs. By outside of needs i mean Convenient. That is how i ended up investing in Brown & Brown insurance because it was interesting to me how when other major insurance companies struggle. How are they never bothered by the struggle in their market? Same for Statefarm, I’m not invested in Statefarm because they’re a private company but I do have Statefarm Insurance, most people don’t know this but when you have Statefarm Insurance, Statefarm consider you an investor and they payout dividends to their customers via Bill Credits. Also when they release their Earnings they mention it in their press release, they let you know the amount of dividends they paid out to their customers via bill credits for that year. In 2022 i heard about how Warren Buffet investors were disappointed in Geico results then i seen how AllState lost all of their profits in 2022 and i seen how Progressive profits declined 524% Year over Year. So i go to check Statefarm and Brown & Brown and both companies are unbothered. Lol it made me laugh. It is interesting because it make you think what is it they do that the other insurance companies are not doing? When i seen Brown & Brown net profit margins, it made me want to suggest Max Insurance as an add value to your business. When i seen your company Max Tracker i invested because i see it as very convenient. I didn’t invest how much i actually wanted to invest because I’m running low via Cash on Hand due to how much money i deployed in discounted opportunities in 2022. However, please come back to Start Engine next year to raise cash again. I would like to keep investing in every round. I will definitely have a lot more cash to deploy in your company.
2
0
Adrian Jackson
3 months ago
I did invest. I do want to share another value add revenue idea for your business. I don’t know if you considered this. But, because i see that your devices have state of the art tracking capabilities. It makes sense for you guys to also make revenue buy adding insurance services to also cover your customers everyday valuables. This would perfect and create your own ecosystem, you would have Max Tracker and Max Insurance. Your Max Insurance division can strategically come up with effective ways to make sure claims are legit and not a scam. Also your Max Insurance division could also help your customers recover stolen devices buy pushing law enforcement to help track it using your customers device and recover it. If the device is successfully recovered. Then that help keep costs low for your Insurance division and you would not need to ship out replacement devices. If the device isn’t recoverable and law enforcement verify that with you, then you send out the replacement device. Your Insurance Division can cover any valuables that your customers use Max Tracker for (Bicycles, Backpacks, etc) for a monthly payment just like any other Insurance. I can’t speak for all Insurance companies but i am invested in an Insurance company called Brown & Brown. Their net profit margins are 18%, which is really good because the average net margin in the US is 10% So Brown & Brown is above average. When all other insurance companies profits were decreased or erased in 2022. The only 2 insurance companies that i know were not even bothered in 2022 were Brown & Brown and Statefarm. They kept healthy net profits margins in 2022. Unbothered by the pandemic, Inflation, and all the other issues that were going on in 2022. Max Insurance would be a great addition to your company. If you do consider i suggest you don’t start Max Insurance until you have mastered and perfected what you want to do for Max Tracker. After you Mastered and Perfected Max Tracker to your highest level of satisfaction, then move to Max Insurance and master that craft next.
1
0
Adrian Jackson
3 months ago
Hey i have a question. On your Offering Memorandum it states that.
If you raise the $10,000 you will use the proceeds as:
*5% Start Engine Fees
*94% Start Engine Fees
Then it says if you raise $1.3 million.
You will use the proceeds for what companies would usually use the proceeds for to expand their company which makes sense.
My question is the part about proceeds from raising $10,000 was that a typo?
1
0
Paul Bukur
3 months ago
I love the product features MaxTracker offers over the others on the market. Which I have used in The Past and the other guys 'don't" offer.
I can see this product evolving over the years even more. It does have Great Potential. No, I'm not associated with the company. Just an investor with a lot of Semiconductor Industry knowledge. Willing to share my experience & knowledge.
1
0
Paul Bukur
3 months ago
With Gas & Diesel prices so high, I think it's time a device can detect when Thieves are trying to Steal your Fuel out of your tank at night. 🕵️🕵️🕵️🕵️
One instance could cost you $100 or more in lost fuel.
1
0
Richard Koch
4 months ago
Yes. Having scrolled through all of the Q&A, I understand.
1
0
Richard Koch
4 months ago
Very defensive. Too defensive?
1
0
Paul Bukur
4 months ago
There are great things coming. As for any Startup, you have to have patience. Keep having the faith and you will reap the rewards.
Hang in there. Development & Manufacturing takes time, so don't get discouraged.
That goes with anyone investing with any company raising money to move forward Faster.
0
0
Matthew Burrow
4 months ago
I bought a MaxTracker on your Indiegogo campaign and never received my MaxTracker. How do I contact your company about getting my MaxTracker?
0
0
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTS
Invest in over 200 start-ups and collectibles!
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
Ronnie Jaikaran
2 months ago
0
0