Our offering is being made on a self-underwritten, best-efforts basis: no
minimum number of shares must be sold in order for the offering to proceed. The
offering price per share is $0.02. The following table sets forth the uses of
proceeds assuming the sale of 25% ($25,000), 50% ($50,000), 75% ($75,000) and
100% ($100,000), respectively, of the securities offered for sale by the
Company. The use of proceeds will be from the net proceeds received after the
costs associated with this filing. The offering scenarios presented are for
illustrative purposes only and the actual amount of proceeds, if any, may
differ.
If 25% of If 50% of If 75% of If 100% of
Shares Sold Shares Sold Shares Sold Shares Sold
GROSS PROCEEDS FROM THIS OFFERING $25,000 $50,000 $75,000 $100,000
========== ========= ========== ==========
EXPENSES RELATED TO THIS OFFERING
Legal $ 1,500.00 $ 1,500.00 $ 1,500.00 $ 1,500.00
Bookeeper $ 700.00 $ 700.00 $ 700.00 $ 700.00
Accounting $ 3,500.00 $ 3,500.00 $ 3,500.00 $ 3,500.00
EDGARization $ 750.00 $ 750.00 $ 750.00 $ 750.00
Transfer Agent and printing $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00
SEC Registration Fee $ 14.00 $ 14.00 $ 14.00 $ 14.00
TOTAL $ 7,464.00 $ 7,464.00 $ 7,464.00 $ 7,464.00
EXPENSES TO MAINTAIN OUR REPORT
STATUSFOR 12 MONTHS AFTER
EFFECTIVE DATE
Accounting $ 9,500.00 $ 9,500.00 $ 9,500.00 $ 9,500.00
Bookeeper $ 2,800.00 $ 2,800.00 $ 2,800.00 $ 2,800.00
EDGARization $ 1,100.00 $ 1,100.00 $ 1,100.00 $ 1,100.00
XBRL expenses $ 2,500.00 $ 2,500.00 $ 2,500.00 $ 2,500.00
TOTAL $ 15,900.00 $ 15,900.00 $ 15,900.00 $ 15,900.00
NET PROCEEDS FROM THIS OFFERING $ 1,636.00 $ 26,636.00 $ 51,636.00 $ 76,636.00
Searching for and hiring a
developer $ 500.00 $ 750.00 $ 1,000.00 $ 1,500.00
Product development and Testing $ 1,100.00 $ 24,800.00 $ 47,300.00 $ 69,300.00
Selling/Licensing process $ 0 $ 1,000.00 $ 3,000.00 $ 5,000.00
Office supplies and related costs $ 36.00 $ 86.00 $ 336.00 $ 836.00
The above figures are estimated costs.
The actual costs may differ from the above values, because those were estimated
by the Company.
The proceeds will not be used, fully or in part, to pay salary or make any other
payments to the Company’s sole officer and Director, Mr. Kato.
Estimated expenses related to this offering ($7,464):
We estimate a cost of $3,500 with auditor’s fees and $700 with bookkeeper’s fees
to prepare the October 31, 2012 fiscal year end financials contained herein,
plus $1,500 for the attorney’s opinion letter and $14 (to cover the $13.64) for
the SEC registration fee (calculated pursuant to sections 6(b), 13(e), or 14(g)
of the Securities Act of 1933. The fee is $136.4 per $1,000,000 (prorated for
amounts less than $1,000,000). It is calculated by multiplying the aggregate
offering amount by .0001364 ($100,000 x .0001364 = $13.64). We expect to have
costs related to EDGARization in the amount of $750 and costs with Transfer
Agent and printing of $1,000.
Estimated expenses to maintain our reporting status for 12 months after
effective date ($15,900):
We expect to spend $2,000 with auditor’s fees for each review of our Financial
Statements for 3 forms 10Q’s ($6,000 in total) and $3,500 for the fiscal year
end financials audit. The bookkeeper’s fees for each financial statement will be
$700 ($2,800 in total). We expect to have costs related to EDGARization of
$1,100 ($600 for 3 forms 10Q’s and $500 for 1 form 10K) and $2,500 for the
annual XBRL mapping fee.
Our sole officer and director expressed that he is willing to advance up to
$15,000 if funds are required to maintain the reporting status current with the
SEC for the next twelve months if insufficient amount of proceeds are obtained
by the Company. These funds would be available for expenses, incurred in the
form of a non-secured loan with no interest and no fixed repayment date. There
is no contract in place or written agreement with Mr. Kato.
Mr. Kato will not be required to advance funds if we are able to raise enough
funds through this offering.
The funds invested by our president to acquire the shares he now holds have
been used to pay for all the costs incurred to date and will be added to the
funds (if any) received through this offering to be used for the development of
our Business, pursuant to our Use of Proceeds and Plan of Operations.
According to our Use of Proceeds, we intend to prioritize the proceeds from this
offering to first pay for expenses of this offering and ensure maintenance of
reporting status for the next 12 months.
If we cannot raise enough funds to start our Plan of Operations, we would need
to seek capital from other resources such as debt financing in order to develop
our products.
door
closes. Those pictures will appear on a touch screen, which can be seen on the
outside of the refrigerator door, eliminating the need to search for items or
keep the refrigerator door open for prolonged periods of time. This touch
screen would also allow the user to upload pictures, write notations or
messages and have a calendar for daily or weekly reminders.
We plan on generating revenue by licensing our product to refrigerator
manufacturing companies. We expect to negotiate our compensation based on a
percentage of the price of every refrigerator sold with our technology.
At this time, we have not developed our product or contacted any possible
client or developer. The Company has not yet implemented its business model and
to date, has generated no revenues.
Our office is located at Rua Loefgreen 1654, ap 113 Sao Paulo, SP, Brasil,
04040-002, our telephone number is 775-297-4412 and our fax number is
775-546-6003. Our United States and registered statutory office is located at
112 North Curry Street, Carson City, Nevada 89703, telephone number
(775) 882-1013. Our website: www.coldcam.com.