SHARES ISSUE MEETING15 S.A.

This website belongs to the MEETING15 S.A. with its registered office in Warsaw, which carries out a public offer and promotional campaign of the public offer using it, as defined in the Act of 29 July 2005 on public offerings and conditions governing the introduction of financial instruments to organized trading, and on public companies. This material is solely of a promotional and advertising nature, and the type of public offering does not require the issue of a prospectus or information memorandum.

107 450 PLN

collected capital

40

investors total number

2 000 PLN

Success, minimum achieved

PL, UK, BG, CA, US, CZ

investors countries

2,00 PLN

share price

200 000

shares total number

400 000 PLN

max. collection amount

17%

We hand over 17% of the company

21-12-2019

end date

9 days

remaining time

Company’s History

We met at the Faculty of Mechatronics of the Warsaw University of Technology in 2001. From the beginning, the cooperation between us was very interesting - we complemented ourselves in many ways.
After graduation, our paths seemed to divide a bit, but for many years, however, our cooperation flourished on the occasion of many joint projects, Tomek - specialized in designing and creating IT solutions, I - specialized in sales and management.
In 2016, at my request and for the needs of Ingram Micro Czech Republic, Tomek created the Internet service MEETING15, a service in the Software as a Service model. In 2019, after one of the meetings, we decided to start a company and offer the service to the whole world :).
And that's how we created MEETING15 S.A.
Recalls
Paweł Jabłoński, CEO & co-founder
2001, Warsaw University of Technology
  • Paweł and Tomek at the Warsaw University of Technology
  • Faculty of Mechatronics, Computer Engineering
  • After studies, joint projects for: Techmex S.A., RRC Poland Sp. z o.o., RRC-CZ s.r.o.

2016, SaaS project
  • The SaaS internet service MEETING15 is created
  • First customer for the service: one of the largest IT distributors in the world, Ingram Micro

2019, Joint-stock company
  • New clients from the IT, Media, TiLog, HoReCa, Sport and Health Care sectors
  • Equity Crowdfunding = promotion + additional capital (human and financial) + affiliate program

Strategy and sales model

MEETING15 S.A.
Provider of services based on innovative internet and mobile technologies.
Producer of software offered in the SaaS model, digitization of business processes and dedicated software solutions.
Brand Ambassadors, Social Media, eCommerce
Direct Selling
Cooperation with Event Agencies
Indirect sale
Cooperation with HoReCa (hotels/restaurants/catering)
Indirect sale
Customers
Organizers of conferences, events, workshops, training sessions, lectures, fairs, exhibitions, meetings with authors, sporting events, cultural events, medical congresses, etc.

Market and competition

According to the latest report of the Polish Tourist Organization, in 2017, in Poland there were 21,152 events and 22,152 events in 2018.
According to the 2018 report of the Polish Tourist Organization, in 2017 just in Poland 44,437 events took place.
The difference results from including in the 2018 report also events with the number of participants below 50.
Our service has been used so far in both large events:
  • 12th International Sofia Dental Meeting - almost 1,500 participants
  • Hotel Meeting - Business Speed Dating Poland - over 400 hoteliers
As well as in smaller events such as:
  • Conference: Effective Events - Zgierz August 2019 - 30 people
  • Ingram Micro Czech Republic - Cloud Marketplace Roadshow - Bratislava 2017 - 12 people
Conclusion? The target market for our service in Poland is a minimum: 44,000 events per year!
In addition, as recent months have shown, our application has proved to be very helpful in completely different events, such as sporting events requiring efficient and direct communication between the organizer and participants, which means that conferences, workshops, training sessions, lectures and fairs do not exhaust the topic. We can also address sports, away, communication, HR events (e.g. we are currently testing the "Employee Day" service which uses MEETING15 to introduce gamification and team-building for SME).
There are many mobile solutions on the market dedicated to handling events. However, according to the American Express Meetings and Events Forecast US report, the use of applications to handle events increases by an average of 4% per year.
So there is a lot of work ahead of us and our competitors - to teach organizers and participants how to use technology to increase efficiency, security and communication during their events.
According to our previous experience and reports:
  • 100% - customers who used MEETING15 for their first event - returns and uses our service at subsequent events
  • on average, 60% of participants in our events log in to the MEETING15 application after receiving the access link (for native applications this result is usually slightly over 30%) - that's why we focused on browser-based technologies - so that the user doesn't have to download or install anything, do not grant access to your device and the data stored on it - as enforced by native applications
  • 95% - users who have encountered MEETING15 - praises the choice of browser-based technology - people no longer want to download or install anything - and they no longer want to be attacked by intrusive ads - that is why MEETING15 is gaining market and organizers' favor and what is the most important more and more event participants
  • during a security conference in the IT industry, participants - security specialists - used our solution and praised it as the right direction in choosing technology - find our youtube channel here
In sum
There are currently many players on the market from the USA, UK, PL and other countries. However, the market is mainly based on native technologies (applications requiring installation).
Our solution requires internet access, but this is due to the nature of the service we offer. Customers consciously choose our technology, recognizing many advantages:
  1. Security - the user does not have to download or install anything on his device
  2. Independence from hardware - the user can use e.g. operating systems Windows, Linux, IOS, Android and even Windows server, or other - provided that he has a web browser and internet access
  3. Flexibility / customization / dynamics - we apply an individual approach to our clients, addressing their changing needs
  4. Price of the service - the technology chosen by us and the use of agile project management methodologies, guarantees us easier access to the necessary tools and programmers, so we can be competitive in the market
  5. UX - user acceptance and satisfaction. A friendly and transparent interface as well as simplicity of use are the favorite features of our solution. A new user with one click starts the adventure with MEETING15 - REALLY, it's so easy with us.

Sales plan

  • 2019, MVP — flexible SaaS

    20 events — 20 000 €

  • 2020 — Polish Market + Distribution

    200 events — 200 000 €

  • 2021 — Innovations + EMEA

    1000 events — 1 mln €

  • 2022 — US/CA + Standarization

    3000 events — 3 mln €

  • 2023 — Acquisitions + WorldWide

    7000 events — 7 mln €

Investment goals

1. Expansion of the MEETING15 application — 30%

Our application, based on which we provide services in the Saas model (software as a service), currently addresses the needs of conference, workshop, trade fair, training and even some sports events. However, as the already completed projects show, the organizers would like to use our homogeneous environment for the entire event handling process, starting from the dedicated event website, through complete service of the registration process, and ending with handling the event already during and after it. Extending the application will expand the customer base we can address, as well as increase the value of sales to existing customers of the company, by taking over those areas that we have not implemented so far.

2. Promotion on the Polish market and selected EMEA / US / CA countries — 30%

The MEETING15 application has been used since 2017 at events implemented in Poland, the Czech Republic, Slovakia, and Bulgaria. Participants in these events came not only from Europe, but also North America, South America, Asia and Africa. We are technologically ready to address all these continents and countries. However, this requires gradual, thoughtful steps. We want to start promoting our services to selected countries. If it is possible, we will join programs supported by PFR, PAIH, PARP, we are already after the first talks in this area - however, most of the really valuable steps giving real results require the dedication of our own capital. And we want to allocate part of the proceeds from the issue for this.

3. Construction and promotion of the partner program — 20%

In accordance with our sales strategy, we want to reach end customers directly as well as indirectly, through commercial partners, for whom we will not be competitors, but complement their services and our solutions will enable them to reach a wider group of customers and offer innovative services making these events attractive.

4. Expansion of the sales department — 20%

The increasing number of customers and events requires a gradual expansion of the sales department, which will be able to take over, movement coming from new and existing customers.

Help us grow faster, invest in MEETING15

Choose your share package

Package 50
25 shares
  • share certificate
  • group membership on FB
  • participation in the general meeting
  • affiliate program access
50,00 PLN (fifty zlotys)
Package 100
50 shares
  • additional 50 package bonuses and
  • 10% discount voucher for the service
100,00 PLN (one hundred zlotys)
Package 150
75 shares
  • additional 100 package bonuses and
  • voucher 15% discount for the service
150,00 PLN (one hundred and fifty zlotys)
Package 200
100 shares
  • additional 150 package bonuses and
  • voucher 'MEETING15 - questions for speakers and live survey'
200,00 PLN (two hundred zlotys)
Package 500
250 shares
  • additional 200 package bonuses and
  • voucher 'MEETING15 – Face-to-Face'
500,00 PLN (five hundred zlotys)
Package 750
375 shares
  • additional 500 package bonuses and
  • voucher 'MEETING15 – Employee Day'
750,00 PLN (seven hundred fifty zlotys)
Package 1000
500 shares
  • additional 750 package bonuses and
  • wireless charger for iPHONE / Samsung / other
1 000,00 PLN (thousand zlotys)
Package 2500
1 250 shares
  • additional 1000 package bonuses and
  • voucher 'MEETING15 – all inclusive'
2 500,00 PLN (two thousand five hundred zlotys)
Package 5000
2 500 shares
  • additional 2500 package bonuses and
  • invitation for 2 people for the official premiere of 'MSP2020', Q1 / 2020
5 000,00 PLN (five thousand zlotys)
Package 10000
5 000 shares
  • additional 5000 package bonuses and
  • inclusion in the international group of strategic advisors of the company
10 000,00 PLN (ten thousand zlotys)
Package 25000
12 500 shares
  • additional 10000 package bonuses and
  • access to minutes of dedicated board meetings (twice a month)
25 000,00 PLN (twenty-five thousand zlotys)
Package 50000
25 000 shares
  • additional 25000 package bonuses and
  • possible participation in dedicated board meetings (twice a month)
50 000,00 PLN (fifty thousand zlotys)
Check packages

FAQ

We chose open issue in the equity crowdfunding formula for 3 reasons:

  1. we want to acquire a larger and more interested group of investors (than if it were a sector investor, VC or similar funds and programs),
  2. we are a young company, even if the application itself has been on the market for several years, we established the company this year, so investors must trust us and not the accounting entries in the company's annual report, because this report will be created next year,
  3. at such an early stage of the company's development, we do not need huge funds yet, this issue is aimed at sharing the company for our friends and family and not obtaining large target funds - for which we will reach in the future - but then the issue price of the shares will be completely different from the current one.

Because it's too early for us. Maybe we will come back to them in the future. Companies with many years of history carry out their emissions on existing platforms. However, we give you the chance to enter our company today, so you can achieve the highest profit on increasing the value of shares. It is enough if you divide the issue price by the nominal value of shares and you understand what your chances of significantly multiplying the capital on our issue are and what other chances you compare us to.

The nominal value of shares in our case means the price at which we bought them as co-founders of the company and originator. The issue price of shares is only 20 times higher than the nominal value - someone could ask why so little?

Because this issue is for our family and friends who want to be investors in this project. Our goal is for everyone who trusts us to gain the most.

In our opinion, the very large increase in the share price will prove that it was a good decision. Such a number of convinced brand ambassadors will help us grow the company in the future.

The issue price reflects the value of the company that has all the rights to created works, knowledge and trademarks registered in the European Union. The company is the owner of the application, which has already been used by thousands of users, has its recognition and value on the market.

As a shareholder, you acquire mainly rights. There is one obligation: informative, if you sold shares or purchased shares, then the company requires information about that via email to any member of the board. The company maintains a share register and must keep it current, hence the condition for shareholders.

At the moment we do not have specific plans for NewConnect or WSE or any other stock exchange. We are planning the next steps to raise capital for development. If it turned out that entering a regulated market in a given situation would be most beneficial for the Company - this is what we will do.

Yes. We would like the company to pay dividends as soon as possible. We want to develop a healthy balance between investing in the development of the company and the degree of satisfaction with the dividend level of our investors and ourselves.

Yes, by ordinary agreement with the buyer, however you must inform the company about this fact in order to enter relevant entries into the share register.

Our first financial year ends on 31/12/2019. Thus, the company's first financial report will be available in 2020.

At present, operating costs exceed revenues. We are currently investing in the quality of services we provide and the functionality of the software that is the basis for providing these services. Returning our customers is a very good indicator - we can boast about 100% efficiency, which means that every customer who bought services from us for the first time, returns to us and for his next events again chooses us as the provider of the services he needs. This is because we attach great importance to the quality of service, communication and a sense of influence on the offer on the part of our clients.

For us, 2019 is quality above all and customer satisfaction. Business scaling will take place in the coming years.

If you have additional questions, write to us at the email address office@meeting15.com.
We are at your disposal, please contact us.

Investment risk warnings

Before making an investment decision, a potential investor should thoroughly analyze investment risk factors, including those listed and described below. Each of the risks described below may have a negative impact on the Company's financial results, dynamics of the Company's development, and therefore may affect the results of this investment from the Investor's point of view.

The Company is taking remedial steps to limit the possible impact of these factors, however, each Investor must become aware of the risks before making decisions and investing their funds.

Risk related to the international situation

The activity of the Issuer depends on the international situation due to the scope and scope of the Issuer's services. The possible occurrence of an unfavorable international situation should be taken into account, which will negatively affect the event market, and thus also the development possibilities of the Company.

Risk related to increased competition

The Issuer operates on the market of technological solutions, which in recent years resulted in a very dynamic growth of many companies. Investing in technologies IT and services based on these technologies is very attractive what it can cause the emergence and development of many competitors who can influence negatively to the dynamics of development and the very development of the Company.

Risk of legal changes and changes in the tax system

A significant threat may be changes in the law or its various interpretations. Lack of uniform interpretation of legal regulations and frequent amendments entail serious risk in conducting business activity. The company uses service providers with experience in law and taxes, but the risk of changes exists and should be taken into account when making investment decisions.

Risk related to increased costs

The Company's predictions and plans are based on current cost values. There is a risk of an increase in employee costs or access services to the infrastructure necessary for the functioning of the Company.

Risk related to dilution of shares

If the Company in the future raises capital for development based on the issue of new shares, it will dilute the shareholding and, as a consequence, will cause that the percentage of the company held by each shareholder will change. A scenario is possible in which the company's founders will lose their current control over the Company, which may lead to changes in the Company's further strategy and development goals.

Risk related to dividend payment

The payment of dividends depends on many factors. The company is at an early stage of its development, which is why it should invest in creating innovative services that will increase the company's value as well as bring relevant income and expand the group of clients. Investments in the latest solutions are costly and risky in nature, which may affect the amount of dividend paid.

Risk of losing part or all of the capital

Every Investor must be aware of this and must accept that companies that raise capital for development through open issue directed to an undefined group of investors are very often at an early stage of their development. Such an investment may turn out to be very profitable, precisely because of the early moment of 'entering' the Company, but on the other hand, such an investment may turn out to be unprofitable, and even it may turn out to be a waste of all invested funds. Therefore, every investor should calculate the risk of losing even all of the funds invested.

Risk of hindering profit taking as a result of limited liquidity of financial credit instruments

Shares acquired by the Investor, pursuant to Resolution No. 5 of the Extraordinary General Meeting of the Company of October 9, 2019 regarding the increase of the Company's capital, exclusion of the pre-emptive right of the current shareholders of the Company and authorization of the Management Board and introduction of amendments to the Company's Statute, may be sold by the Investor to any buyers, from maintaining the information obligation towards the Company, however, due to the lack of possibility to trade shares on the regulated market, one should take into account the severe limitation of finding a buyer and selling shares, so there is a risk of limited liquidity. As at the issue date, the Issuer is not aware of any plans in relation to the creation of a market dedicated to trading in such assets, but this is a new area and method of raising capital by companies, so one cannot exclude the creation of such a market.

Risk related to the Issuer's inability to complete the offer

The implementation of the open issue process requires a series of steps by the Issuer. Including, inter alia, submitting a notification about the commencement of a promotional campaign to the Polish Financial Supervision Authority, allocating shares, registering the issue with the relevant registry court. There is a risk of the situation in which the Issuer will not be able to carry out all the steps, and as a result cancel the offer. In such a situation, all funds paid by the Investors for the purchase of the offered shares will be returned without any interest or compensation.

Company’s History Team Strategy and sales model Market and competition Sales plan Investment goals Invest FAQ Risks