Open Box Buy is a Title III - Regulation Crowdfunding Campaign and is actively accepting investments.
$250.00 minimum investment

Open Box Buy

Discount Retail Store

Small OPO
Henderson, NV
Retail
Accepting International Investment

Where You Save Money

Invest in Open Box Buy

We are excited to introduce OPEN BOX BUY (OBB), which is to our knowledge, the first ever deep-discount retail store that specializes in big-name brand and open box consumer electronics, as well as large and small appliances, video games; housewares; toys; sporting goods; tools; BBQ; outdoor, patio, and small furnishings. If you are looking for hard goods and consumer durables for your office or home, at a price that cannot beat, then Open Box Buy is the solution!


While major department stores such as Sear’s, JC Penny’s, Macy’s, etc. have seen their sales drop in recent years and continue to find themselves in major financial problems, discount retailers have been rising and growing. Companies such as Ross, TJ Maxx, Ollies, and Dollar Stores have continued to add locations and increase sales on an annual basis even through the years of the recent "Great Recession".  The data supporting these claims is easily found by reviewing each of these company's annual financial reports as they are all fully reporting public entities.


We believe Open Box Buy fits nicely in the secondary marketplace explosion of deep-discounted retail stores with our specialized mix of products. Based in Las Vegas, our business model is almost exactly like TJ Maxx, Marshalls, Ross, and Burlington Coat Factory, except we have a unique product mix of consumer electronics, appliances, housewares, and other home hard goods.  


  • Think TJ MAXX for electronics and hard goods 

  • Think Walmart without the food, pharmacy and clothing 

  • Think Big Lots and the 99¢ Store for bigger purchases of brand name electronics, computers, furniture, and other hard goods

The images above are from the previous operations of Open Box Buy under different entities which no longer exist. The Company does not currently have a store. 

Our Background

A Note to Investors about past accomplishments under the name Open Box Buy.


The brand name and DBA of Open Box Buy started as simply a home based business to personally sell closeout items on eBay back in April of 2008, under a different company.  By May of 2010 Open Box Buy Inc. (a different entity) was formed to operate as the DBA Open Box Buy and it opened a 5,000 sq ft warehouse location with the main goal to simply expand upon the success of the online business with 95% of sales to be on eBay and Amazon. In December of 2012 Open Box Buy Inc. was abandoned in order to open the first 35,000 square foot retail store in the Open Box Buy DBA under the partnership of Big Deer Holdings LLC. Big Deer Holdings LLC operated this location until November 2014 when it moved operations into a new 31,000 square foot location on the other side of the Las Vegas Valley. Big Deer Holdings LLC only moved out of the first location because the landlord of the previous location was foreclosed upon and the bank forced the company as well as Office Max out in order to place the multi Billion dollar Company Hobby Lobby as a national credit tenant into the space. Big Deer Holdings LLC operated the store in this location until October 2016 when the store was closed and the partnership was eventually abandoned. Currently there is not an operating Open Box Buy store location and we have established a brand new company under the name of the Open Box Buy Corporation in August of 2018 in order to open a new location in a retail power center with tremendous traffic and high visibility. Open Box Buy Corporation expects to open its' first large Open Box Buy retail location within the next 6 months with plans to expand to 6 stores regionally within 3 years and eventually to hundreds of stores nationwide.


The Offering

INVESTMENT OPPORTUNITY


Convertible Promissory Notes

Note converts to Common Stock when the company raises $3,000,000 in a qualified equity financing


Perks

Invest from Day 1-7 and get a 20% Bonus of shares on conversion 

Invest from Day 8-14 and get a 15% Bonus of shares on conversion

Invest from Day 15-21 and get a 10% Bonus of shares on conversion

Invest from Day 22-28 and get a 5% Bonus of shares on conversion


Maturity Date: December 31st, 2020

Valuation Cap: $15,000,000

Discount Rate: 20% 

Annual Interest Rate: 10%*

*Annual Interest Rate subject to adjustment 10% bonus for StartEngine shareholders. See 10% Bonus below



What is a Convertible Note?

A convertible note offers you the right to receive shares of Common Stock in the Company. The number of shares you will receive in the future will be determined at the next equity round in which the Company raises at least $3,000,000 in qualified equity financing. The highest conversion price per security is set based on a $15,000,000 Valuation Cap or if less, then you will receive a 20% discount on the price the new investors are purchasing.  You also receive 10% interest per year added to your investment.  When the maturity date is reached, if the note has not converted then you are entitled to receive shares of Common Stock equal to your investment and interest back at a price per security determined by dividing the Valuation Cap by the aggregate number of outstanding shares of the Company as of immediately prior (on a fully diluted basis).


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


Why Invest in a Discount Retail Store ?

It’s simple- We believe all the facts suggest that the discount retail secondary market is exploding.


  • TJX Companies ($27.40 Billion US Sales) and Dollar General ($23.47 Billion US Sales) rank among the top-20 largest U.S. retailers in sales volume according to Business Insider.

  • Nordstrom Rack stores (244 stores) outnumber the amount of Nordstrom locations (122 stores) according to Nordstom website "About Us".

  • Amazon's market cap reached $1 Trillion in September 2018 making it the second most valuable company in the world behind Apple according to their publicly available financial reports.

  • Walmart's corporate mission statement is "to save people money so they can live better".

 

“Retailers Opening Over 4,000 Stores in 2017, Debunking the Retail Apocalypse Research report from IHL Group shows 2.7 retailers are opening stores for every retailer closing stores.”


So, what’s behind this tremendous growth?


  • Saving Money is the Key Driving Factor: The top two reasons people shop at Amazon are low prices and free shipping according to a report published by Epsilon in February 2018.  In their survey of approximately 4,000 active Amazon customers, they cited price (64%) and free shipping (60%) as the major factors for making their purchases with Amazon, both of which are money saving motivated.
  • We Believe Consumer behavior is shifting: Getting a deal on eBay, shopping at Ross or Goodwill, or even hitting up a consignment shop to find a secondhand treasure is now brag worthy as seen in the hit song "Thrift Shop" by Maklemore which spent 6 weeks at #1 on Billboard's Hot 100.

  • Social responsibility: Sending items to landfills is now socially unacceptable in the eyes of consumers and investors. 

  • Better recovery (minimize more loss): One of the biggest drivers of secondary market growth is the ability to offset loss from returned and unsold goods. Depending on what channel a retailer chooses, there is great opportunity to achieve high pricing. We believe even liquidation – if managed correctly – is becoming a viable option. 

Open Box Buy: Being Green

We believe we are an environmentally friendly company because every aspect of how we do business is some form of recycling or repurposing.  Not only will we purchase and resell products in a secondary market of closeouts, reconditioned, and refurbished goods, but we also purchase, completely recondition, and reuse all of our shelving and displays which we have acquired from previously closed down retailers.  For our Point of Sale, inventory control, and online marketing system we will only use refurbished Apple computers and tablets in our office, warehouse, and retail store.  We believe that even our real estate acquisition can be considered environmentally conscious because we purposely look to acquire property from closed down retailers in high traffic areas that we can lease or purchase, renovate, and operate in order to revitalize commerce in the surrounding community.  Our main mission is to save the world from the massive amount of products ending up in landfills. We are focused on salvaging these valuable items with professional work and care, then reselling them to consumers at a deep discount off of retail prices. Everything we will sell has carefully been quality control checked to be sold as a remanufactured item.


“Thirty-some years ago, unwanted or unsold products often ended their all-too- brief lives by being dumped in landfills. Today they are the basis of what professor of supply chain management Dale Rogers calls a growing slice of the U.S. Gross Domestic Product: secondary markets.”

Our Mission

Open Box Buy Corporation (OBB) is focused on developing a number of deep discount retail stores dedicated to selling brand name open box and refurbished electronics, TVs, Computer/Laptops, small kitchen appliances, toys, mattresses, as well as indoor and outdoor furniture.


Rich Marino is Open Box Buy’s founder and CEO. Rich has over 20 years of business experience and has successfully led two businesses from start-up to to an eventual sale of the company with one being in the form of a public exit. He started operating under the name OBB in 2008 from his garage by personally selling open box and refurbished items on eBay and Amazon with great success. Becoming a PowerSeller in no time, he expanded to a 5,000 square foot warehouse in 2010 which was owned by Open Box Buy Inc. (a separate company).  In December of 2012 Open Box Buy Inc. was abandoned in order to grow and open the first 35,000 square foot retail store in the Open Box Buy DBA (under the partnership of Big Deer Holdings LLC).  In August 2018, he formed the Open Box Buy Corporation with the goal of becoming a national chain of discount retail stores and is now offering an opportunity for a few investors to help fund the opening of Open Box Buy Corporation's first Las Vegas store.


“We aim to be a highly profitable company in a highly profitable industry. We know the success of a discount retail business all depends on product procurement and how well we purchase our inventory.  By focusing on opportunistic buys, we know our customers will always find the best price possible when shopping with us...we also aim to stay true to our mission of being a totally sustainable and ‘green’ business.” 


Rich Marino

CEO


Your Investment

This initial offering will pay for the opening of the first store and the marketing needed to introduce it to the public. Investors will receive convertible notes which earn an annual interest rate of 10%. The highest conversion price per security is set based on a $15,000,000 Valuation Cap or if less, then you will receive a 20% discount on the price the new investors are purchasing.  

Beyond retail sales at the physical store locations, OBB plans to have an online sales model via EBay, Amazon, and other large ecommerce marketplace selling engines edging out the competition by offering the lowest price available. In addition, we will have distinct lines of revenue via consumer financing, extended warranties, a trade-in to upgrade program, and 3rd party refurbishing services. 


This round of funding will help to open the first store for the Open Box Buy Corporation and provide seed money for the legal, accounting, and other expenses attributed to the next rounds of funding.  The Company plans to open 

Our Business Plan

  • Big Box Retail Storefront - 30,000 up to 50,000 Square Feet of Retail Showroom

  • FIRST STORE IN LAS VEGAS AREA

  • Anchor or Co-Anchor Tenancy

  • Located in a Retail Power Center near other National Retailers with High Traffic and Visibility

  • Warehouse Style Retail Floor Space

The Key is Deep Discounts: Everyday discounts start at 20% and can reach 80% or 90% off normal retail prices with storewide discounts averaging 50% to 60%.

The Products We Carry

Products are popular name brand hard goods:


  • Consumer Electronics such as HDTV’s, Computers, Tablets, Home Audio, Cellular Phones and Accessories

  • Small Kitchen Appliances and Housewares

  • Furniture and Mattresses

  • Outdoor Living

  • Toys, Bikes, and Video Games

  • Sporting Goods and Exercise Equipment

  • Seasonal and Holiday Items

Value Proposition to Customers

  • OBB Will Sell Brand Name, New or Refurbished as New Products

  • Customers receive high quality products at a deep discount which translates to more money in their pocket

  • Customers can identify desired goods in store, purchase, take home, and use same day without waiting for shipping

  • OBB will offer a 30 day money back guarantee return policy and most manufacturers provide full warranty for peace of mind with extended warranties available for purchase at discounted rates as well

  • OBB will offer financing to Customers through Crest Financial with plans to bring the financing in-house in order to streamline the customer service experience as well as create an additional income stream for the company

The images above are from the previous operations of Open Box Buy under different entities which no longer exist. The Company does not currently have a store.


The Marketplace

  • TJ Maxx, Marshalls, and Home Goods (one company TJX) –  Beginning in 2007, grew from $18.6 Billion in Sales with approximately 2,500 stores to $35.86 Billion in Sales from approximately 3,800 stores in 2017 according to their publicly available annual reports

  • Ollie’s Bargain Outlet is an East US Coast deep discount store which has recently gone public on NASDAQ in July 2015. They rocketed from $540 Million in sales in 2013 to $1.077 Billion in 2017. They have approximately 303 stores in 23 states of the US and a market cap currently of $5.7 Billion as of December 3, 2018 as found on their publicly available financial reports as well as stock price history on the NASDAQ stock exchange.

  • Dollar General Opened over 1,200 new stores in 2017 according to The Statistics Portal Statistics

  • Dollar General Company Officials announced in a 2017 earnings report that their Company had plans to create 900 new stores, remodel 1,000 stores, and relocate 100 stores in 2018

  • Dollar Tree opened 620 new stores in 2017 as reported by Bob Sasser, Executive Chairman and Former CEO of Dollar Tree

  • Walmart is the largest retailer in the world with gross annual sales of over $500 Billion according to their public financial reports and a widely known Company slogan to "Save Money. Live Better."

  • The retail consulting firm IHL Consulting Group compiled a list of 22 retailers bucking the retail apocalypse by growing their store counts. The list, which includes plans for nearly 3,000 new stores in 2017, is dominated by discount retail stores and grocery chains, including Dollar Tree, TJ Maxx, Ross Stores, Hobby Lobby, Lidl, Aldi, and Costco.

  • Research report from IHL Group shows discount retailers are opening 2.7 new stores for every retail store closing which is debunking the idea of a full retail apocalypse.

“Is T.J. Maxx the best retail store in the land? | Fortune”

Its annual sales—now $27.4 billion, or more than those of Estée Lauder, Hilton Worldwide, and Hershey combined—have risen 50% over the past six years. Its profits have almost tripled, to $2.1 billion. Its shareholders have been the beneficiaries of 18 consecutive years of earnings-per-share growth.

Why You Should Invest in Open Box Buy

Open Box Buy is positioned to quickly expand as a customer-driven, major brand in the Discount Retail Industry. Starting in Las Vegas, OBB is planning to open numerous stores in the future and make a name for itself as a place where People Save Money. Consumers expect the lowest prices for their electronics and housewares and that is exactly what we provide. Plus, with discount retail stores exceeding analysts expectations with exploding growth, we believe that this campaign is an opportunity to invest in a business that has the ability to become a leader in the growing discount retail marketplace.

Open Box Buy is positioned to quickly expand as a customer-driven, major brand in the Discount Retail Industry. Starting in Las Vegas, OBB is planning to open numerous stores in the future and make a name for itself as a place where People Save Money. Consumers expect the lowest prices for their electronics and housewares and that is exactly what we provide. Plus, with discount retail stores exceeding analysts expectations with exploding growth, we believe that this campaign is an opportunity to invest in a business that has the ability to become a leader in the growing discount retail marketplace.


Your investment into Open Box Buy Corporation is being used to open the company's first large retail store in the Las Vegas Valley within the second quarter of 2019.  The Company expects to open 3 to 4 stores within the Las Vegas and Henderson, Nevada area by the year 2020.  Then broadening our reach at first regionally throughout the Southwest to areas such as Phoenix and Scottsdale, AZ for a projected total of 6 stores by the end of 2021.  As the company keeps gaining momentum, we anticipate continual growth by adding more stores to each major metropolitan area eventually expanding our footprint across the country.


Our goal as a company is to be analog to companies which we consider to be leaders in discount retail in their respective fields such as TJ Maxx, however with our proprietary refurbishment process and specific product lines.  In time, we plan to have hundreds of locations across the country.


Offering Summary


Company

:

Open Box Buy Corporation

Corporate Address

:

2896 Carmelo Drive, Henderson, NV 89052

Offering Minimum

:

$10,000.00

Offering Maximum

:

$107,000.00

Minimum Investment Amount

(per investor)

:

$250.00











Terms


Offering Type

:

Convertible Promissory Notes

Type of Equity Converted Into

:

Common Stock

Conversion Trigger

:

$3,000,000.00

Maturity Date

:

December 31, 2020

Valuation Cap

:

$15,000,000.00

Discount Rate

:

20.0%

Annual Interest Rate

:

10.0%
















What is a Convertible Note?

A convertible note offers you the right to receive Common Stock in Open Box Buy Corporation. The amount of Common Stock you will receive in the future will be determined at the next equity round in which the Company raises at least $3,000,000.00 in a qualified equity financing. The highest conversion price per security is set based on a $15,000,000.00  Valuation Cap or if less, then you will receive a 20.0% discount on the price the new investors are paying.  You also receive 10.0% interest per year added to your investment.  When the maturity date is reached, if the note has not converted then you are entitled to receive Common Stock equal to your investment and interest back at a price per security determined by dividing the Valuation Cap by the aggregate number of outstanding equity securities of the Company as of immediately prior (on a fully diluted basis).



Perks

Invest from Day 1-7 and get a 20% Bonus of shares on conversion 

Invest from Day 8-14 and get a 15% Bonus of shares on conversion

Invest from Day 15-21 and get a 10% Bonus of shares on conversion

Invest from Day 22-28 and get a 5% Bonus of shares on conversion


*Annual Interest Rate subject to adjustment of 10% bonus for StartEngine shareholders. See 10% Bonus below


The 10% Bonus for StartEngine Shareholders

Open Box Buy Corporation will offer 10% additional bonus interest for all investments that are committed, within 24 hours of this offering going live, by StartEngine Crowdfunding Inc. shareholders who invested over $1,000 in the StartEngine Reg A offering which closed earlier this year.

StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% increase in the annual interest rate on Convertible Promissory Notes in this Offering if they invest within a 24-hour window of their campaign launch date. For example, if invest in the first 24 hours, your annual interest rate will be 11% instead of 10%.   

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 not incur any irregular use of proceeds.

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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

Expansion to New Warehouse Space with Room to Grow!

16 hours ago

Good Afternoon to Our OBB Community,

Today's update brings together the past couple of months work now that we are seeing some real investment coming through to our crowdfunding campaign.  

Over the next few weeks we are actively pursuing the acquisition of a new warehouse location which will be large enough for us to grow into servicing multiple retail locations with our proprietary inventory processing system.  It is now the perfect timing and in our best interest to secure this offsite warehouse space ahead of opening the newest retail location because it will handle all receiving, processing, testing, refurbishing, and pricing of all our new inventory.  

Because it will take time to prepare the new store before opening, it is critical to use this time wisely by getting a head start on processing inventory in order to be ready to sell as soon as the property itself is ready to open.  As we negotiate out the terms of the lease of the new retail space and perform the necessary tenant improvements, the warehouse is not only operating as our inventory processing center but also a significant driver of income.  This new warehouse location affords us the ability to immediately begin selling through our virtual stores on the eBay and Amazon online marketplaces.  As an operator, this is such a very important step for us to mitigate any "downtime" of revenues during the time it takes us to ready the new store, hire and train all new staff, fill it with inventory, and open for business.  

This new warehouse location is providing us with enough space to act as our centralized inventory distribution center for the first 3 to 4 retail stores.

Thanks again for your continued support and we look forward to even more exciting updates very soon!

Rich Marino 

Notice of Material Change in Offering

25 days ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Open Box Buy offering. Here's an excerpt describing the specifics of the change:


Open Box Buy Corporation has extended its campaign and added its 2018 financials


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 Material Change in Offering

about 1 month ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Open Box Buy offering. Here's an excerpt describing the specifics of the change:


Extended length of 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.

StartEngine Founders Summit

about 1 month ago

Hello To All Our Current and Potential Investors!

I’m writing to you all today from the beach in Santa Monica, CA where StartEngine had put on a terrific Founders Summit yesterday.  It was a day full of helpful information not only from the amazing StartEngine Team of professionals and also from CEO’s of some of the most successful companies to run $1 Million+ equity crowdfunding campaigns.

Attending this event has proven to be most invigorating as we certainly can see that our plans and current status clearly put us in a pathway to great success.  Since equity crowdfunding is still in its’ early growth state, the learning curve is rapidly accelerating forward.  Now that there is plenty of experience by these successful founders as to what works and what does not work in the crowdfunding atmosphere, we can use this information to make much better informed decisions while moving our own offering and concept forward.

As a company, we have already set in motion a clear path for each stage of funding in order to best set up our company and our investors for anticipated success together.  The Summit has actually opened my eyes to the possibility that we have a real opportunity to keep using crowdfunding as a vehicle to fund further rounds and stages of growth moving forward.  Between larger Regulation CF and Regulation A+ offerings, it is quite possible for Open Box Buy to completely fund all rounds of capital raises through equity crowdfunding and our wonderful partnership with StartEngine and their team.

Thank you again to all who have already invested!  I’m very much looking forward to sharing all of the successes with you as we grow Open Box Buy to a National Brand Discount Retailer together.

All my best,

Rich Marino

Notice of Funds Disbursement

about 2 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Open Box Buy 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 Open Box Buy 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

Almost To the Halfway Funding Point and Crowditz.com Top 1% Momentum Leaders This Week!!!

2 months ago

Good Afternoon Everyone!

I apologize for the delay in updates to the campaign.

I'm very excited to be posting today because we are now just shy of surpassing the Halfway point of our fundraising goal!  Thank you so very much to everyone who has already chosen to jump on board.

I'm very proud to announce that this last week of fundraising success has bumped us up to the Top 1% of Crowditz.com list for Momentum Leaders this week.  This site basically ranks all crowdfunding raises across all main crowdfunding sites such as StartEngine, WeFunder, SeedInvest, and more.

This week is also a big week here in Las Vegas, Nevada because the ASD convention is here for the week.  ASD brings quite a lot of our suppliers and exciting new inventory opportunities for Open Box Buy.  I always look forward to meeting with our business partners to discuss new inventory programs and strategize about the upcoming year, which I can definitely say will be one of our most exciting yet!  

As we move forward with the opening of our new store, I look forward to making some big announcements about new lines of inventory which we haven't carried previously.  We will also be able to offer even more substantial discounts to our customers while at the same time maintain and possibly even increase our gross margins based on even better volume purchasing discounts.

For anyone who has been sitting on the sidelines, watching and waiting to see how we do, hopefully you are gaining a bit more confidence that not only will we succeed in our first raise of capital through StartEngine, we are also moving forward with plans for the next round of growth capital even sooner than we had originally anticipated.  

This is really turning out to be a big year for Open Box Buy and I'm so happy to be sharing it with everyone.  Together we are truly making this into "The People's Company"!

Thank you again for all of your support,

Rich Marino
Founder and CEO
Open Box Buy

Notice of Funds Disbursement

3 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Open Box Buy 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 Open Box Buy 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

Last Day for Bonus Stock Upon Conversion of Notes and Marketing Update!

3 months ago

Hello Everyone!

I just wanted to post a quick update that this is the last opportunity to receive the Stock Bonus which is added at the point of conversion of the notes.

Once this last Bonus offering has expired, we will be rolling out our social media and email marketing campaign for our StartEngine Crowdfunding offering.  We are quite excited about our results so far as we haven't yet begun our marketing efforts to drive traffic to the offering page and up to this point all of our investments have come from organic page views.

We have been advised by StartEngine that the average crowdfunding campaign converts page views into clicks to invest at a rate of 1% and we are currently converting at a rate of 4% of our page views.  We are very encouraged to know that we are converting page views at a rate that is 4 times the normal campaign and it is from this information that we can see our campaign is already being widely accepted.  We anticipate that for us to hit our maximum funding goal, we simply need to drive enough quality traffic to our page through our marketing efforts which are about to go live.

Thank you again to all who have already participated and to the many of you watching our campaign, this is a great opportunity for you to receive the additional Bonus that is about to expire.

Rich Marino

Video of Open Box Buy's Presentation on StartEngine's January 2019 Demo Day

4 months ago

Hello Everyone!

As you all may know, we were invited to be a part of StartEngine's Demo Day this past Friday the 25th of January.  We are very thankful that we were a part of the broadcast and given the opportunity to give a quick overview of Open Box Buy.  The presentation itself was almost an hour and twenty minutes of streaming live online in which StartEngine had several companies showcase their business as well as their opportunity on the StartEngine crowdfunding platform.

In the case that you might have missed the live event, we have edited out a recorded portion of only our part of the presentation for you to view at your leisure.

Thanks Everyone!


Final Hours for 15% Bonus Shares Upon Conversion to Common Stock

4 months ago

Good Afternoon Everyone,

We had a great time presenting our opportunity on StartEngine's January Demo day last Friday morning.  For those of you who wanted to see the presentation however couldn't make the time, we are making the final edits to a video of the presentation and will be adding it to our page for you to view shortly.

I also wanted to post a quick note to remind everyone who may still be thinking of making an investment yet hasn't done so already, the Bonus 15% Additional Shares upon conversion of the Convertible Notes into Common stock expires in less than 24 Hours.

Thanks again!

Rich Marino 

Open Box Buy Invited to Present on StartEngine's January Demo Day! January 25, 2019 at 8:30AM PST

4 months ago

Hello StartEngine Investors! 

As we had announced in our previous update, Open Box Buy was invited to be a part of StartEngine's January Demo Day.  Well the day has come and tomorrow morning we will be presenting Open Box Buy during the virtual webinar presentation.  If you are curious to know the latest about our business and what we plan to do next, then you can tune in January 25th at 8:30AM PST at this link  https://blog.startengine.com/startengine-demoday-january-2019/

I look forward to seeing you at January's Online Demo Day!

Rich Marino

Less Than a Day Remaining to Receive 20% Bonus and January Live Demo Day!

4 months ago

Hey Everyone!

Just a quick update and reminder that there is only 21 hours remaining to take advantage of the stock conversion bonus of an additional 20% when the notes convert to common stock.

I also would like to take a moment to let you know that we were chosen by StartEngine to participate in this Friday's January Demo Day!  It will be this Friday, January 25, 2019.  This is a virtual webinar taking place beginning at 8AM, however we do not know our actual time slot in which we will be presenting live.  This is a great honor for us and we are looking forward to the opportunity to speak to you all live.

Many thanks again to all of our new investors!

Rich Marino

First 24 Hours Live on StartEngine!

4 months ago

We are so very excited to finally be live with the StartEngine community.  It has actually been a bit of a challenging road getting here, however the first 24 hours has far exceeded our expectations on Day 1 of the raise and made the entire journey so very worthwhile.  

This is just the first step to becoming what we like to call "The People's Company".  So many great concepts and companies start off little and come up to immense success ending up being owned in the majority by Venture Capital Firms, Hedge Funds, and other large and already wealthy financial institutions.  We hope to shake this dynamic up by being one of the first large and nationally known companies to be owned in the majority by our "people" who are the small investors, employees, and customers of our products and stores!  The goal of being the for-profit "credit union" of discount retail stores owned by our "members" with locations throughout the country.  We all win together by helping our customers save money on quality name brand products, providing necessary employment to underserved populations, and by stimulating the economy which in turn creates an investment opportunity where all of us "little guys" (myself included) get to share in the success of a company while it grows and thrives.

So thank you so very much to our first investors who have chosen to take the plunge and jump on board with our cool little company as it is with and because of you that we can create something great together!  

Welcome to the OBB Family!

Rich Marino

Founder and CEO

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