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OVERVIEW
*The above is a rendering of a future product. Images are prototype demo versions. Product is still currently under development and is not yet available on the market.
THE PROBLEM
The plastic industry is currently valued at $593B, which is higher than the Social Media Ad Spend and Smartphones markets combined (source, source).
*The above is a rendering of a future product. Images are prototype demo versions. Product is still currently under development and is not yet available on the market.
Plastic is everywhere in daily life from packing styrofoam to injection molding. These plastics and microplastics are accumulating in the environment, regardless if they’re labeled as 100% recycled, biodegradable or biobased, especially our oceans. Most current plastics on the market can’t dissolve in the ocean (source). Not to mention, the Food Safety Standards that overlook microplastics, which have been linked to health issues for marine life and humans (source). We think protecting oceans, rivers and overall Earth’s water has to be our number one priority as a civilization.
(source, source, source, source, source)
THE SOLUTION
Timeplast is a material with 15 years of R&D that has the potential to replace fossil-based plastics. The material can be incredibly versatile and comes in 3 raw forms ready for industry’s adaptation: crystals, small, and large pellets.
*The above is a rendering of a future product. Images are prototype demo versions. Product is still currently under development and is not yet available on the market.
These can be used for various applications including packaging and construction. Mimicking the weight and feel of plastic, Timeplast can be used as a conventional plastic for rigid applications or for light-weight applications.
Timeplast is working toward plastics use that is in balance with our planet. Timeplast taps into water, the universal solvent, to fully disintegrate in water in 60 hours. Its water solubility has been ASTM-independently certified.
Team Strength
Manuel Rendon, CEO of Timeplast, won the Best Practices Award when working for PepsiCo and was awarded a National Interest Green Card by the USCIS. Also, Timeplast has a team of professionals and partners all over the world ready to deploy a plastic-substitution campaign.
Behind the scenes
The Timeplast product is made primarily by third-party manufacturers that specialize in chemical and bio-based materials. However, Timeplast has the goal of self-producing the final product. In our current business model, the raw materials are shipped to a compounder with our proprietary and polymerization-inducing wax to create the final masterbatch product. For the final polymerization where the material is actually created, we double-use our customers’ manufacturing systems as polymerization reactors to perform this energy-intense task, which can reduce costs and CFP, making Timeplast cheaper than the bio-based plastics, metals, glasses, and papers on the market, and with a lower holistic footprint.
*The above is a rendering of a future product. Images are prototype demo versions. Product is still currently under development and is not yet available on the market.
THE MARKET
The alternative packaging market is expected to reach $441B by 2028, but we believe Timeplast is one of the only materials that is water soluble and designed for rigid applications. Timeplast has a high polymerization level, creating the strength needed for applications where a thicker plastic material would be used. We believe we have the ability to make a plastic-like product that has the ability to fully break down and dissolve. In the future, we anticipate that Timeplast could also be a substitute for cardboard, glass, or metal applications.
*The above is a rendering of a future product. Images are prototype demo versions. Product is still currently under development and is not yet available on the market.
Alternative materials being used to replace plastic packaging include food sources like corn, alternative forest-produced products like bamboo, and conventional ultra-high CFP materials like stainless steel. However, these materials don’t have the flexibility nor the versatility of plastic for all necessary applications, and more importantly, they don’t fully disintegrate in water after use (source). There are a few plastic alternatives on the market today with water solubility, however, we feel they are limited to thin plastic or film applications. We believe what makes Timeplast unique is the ability to work on rigid and thick applications, which count for most of the uses in the market, all of this while retaining water solubility, and is cheaper to produce than all bio-based plastics on the market today.
OUR TRACTION
Our technology comprises 4 key blocks of neo-chemistry pathways, we have 1 patent granted for each of the key blocks, which are also covered by the Patent Cooperation Treaty in over 150 countries. Each key block has been proven successful after multiple rounds of testing, and studies have been 100% made by independent laboratories such as Eurofins Labs, Peak Experts Labs, and Avomeen Analytical services, now called Element, with samples manufactured by R&D partners such as Nestle Global, Riverdale Global and Nestle Waters of North America.
Riverdale Global successfully made a solid injected piece that mimics plastic with the Timeplast material, which is what we believe to be the first-ever water-soluble rigid piece made by injection molding in conventional plastic manufacturing equipment. Here’s a picture:
*The above is a rendering of a future product. Images are prototype demo versions. Product is still currently under development and is not yet available on the market.
WHY INVEST
Our planet’s surface is primarily water, so we feel it’s time to design materials with water solubility in mind. We believe Timeplast is ready to disrupt the plastic industry with what we believe is a new material that is planet-friendly at all stages of the product life cycle, from product manufacturing to the consumer’s end-use. Help us restore the balance in our planet by investing in Timeplast, a material that can replace single-use plastics and much more.
Company | : | Timeplast, Inc. |
Corporate Address | : | 1844 Longwood Lake Mary Road, Longwood, FL 32750 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,070,000.00 |
Minimum Investment Amount(per investor) | : | $100.00 |
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 10,000 |
Maximum Number of Shares Offered | : | 1,070,000 |
Price per Share | : | $1.00 |
Pre-Money Valuation | : | $40,000,000.00 |
*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 48 hours and receive 20% bonus shares
Super Early Bird Bonus
Invest within the first week and receive 15% bonus shares
Early Bird Bonus
Invest within the first two weeks and receive an 10% bonus shares
Amount-Based:
$500+
Tier 1
Join our owner’s group, “The Deplastifcators” and receive exclusive communications with the founding team and continuous updates with our technology. Be displayed in a Timeplast website tab coined “The wall of deplastificators” a historical piece of information about those who made the first push to truly get rid of plastics
$1,000+
Tier 2
Inclusion in “The Deplasticators” owner’s group
Video conference tour of Timeplast laboratory and talk with the founder
$2,500+
Tier 3
5% Bonus Shares
Inclusion in “The Deplasticators” owner’s group
Be invited to an in-person meeting in Orlando, Florida or a join via video conference of the Timeplast laboratory and talk with the founder
$5,000+
Tier 4
10% Bonus Shares
Inclusion in “The Deplasticators” owner’s group
Be invited to an in-person meeting in Orlando, Florida or a join via video conference of the Timeplast laboratory and talk with the founder
Be a part of a short film for posterity.
$20,000+
Tier 5
15% Bonus Shares
Inclusion in “The Deplasticators” owner’s group
Be invited to an in-person meeting in Orlando, Florida or a join via video conference of the Timeplast laboratory and talk with the founder
Be invited to quarterly strategy sessions with our decision-making team
Be a part of a short film for posterity.
*All perks occur when offering is complete.
The 10% StartEngine Owners' Bonus
Timeplast, Inc. 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 $1.00 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares of Common Stock for $100. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investor's 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.
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.
Dear all,
As we continue our funding journey, we've come across great questions by the community, you'll find our answers to them in the discussion/comments panel of our campaign (here).
In the answers, we addressed some of the most important key aspects of Timeplast, and we'd like to encourage you to take a look.
Thank you for your the support!
Manuel R.
Timeplast's potential of having an impact in almost every aspect of our society can't be overstated. A big thank you to everyone who has invested; We're humbled and excited to share our journey with you as we believe that together we can truly change the world.
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