executive summary 1.7.2017

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EXECUTIVE SUMMARY

LaborLOGY, Inc.

The In-Minute Mobile Labor Source

for Individuals

Afshin Sarbaz

Founder www.LaborLOGY.com

Pleasant Hill, California Tel: (925) 497-8986 Fax: (888) 449-2585

E-mail: [email protected]

CONFIDENTIAL

No offering is made or intended by this document. Any offering of interests in LABORLOGY will be made only in compliance with Federal and State securities laws. This document includes confidential and proprietary information of and regarding LABORLOGY. This document is provided for informational purposes only. You may not use this document except for informational purposes, and you may not reproduce this document in whole or in part, or divulge any of its contents without the prior written consent of LABORLOGY. By accepting this document, you agree to be bound by these restrictions and limitations.

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LABORLOGY EXECUTIVE SUMMARY Confidential

I. Executive Summary

The In-Minute Mobile Labor Source for Individuals LABORLOGY is a mobile application network platform connecting users with in-minutes

hired hand and emergency services, at the tap of a button. This simple patent pending

technology is designed in a closed environment that manages every step of hiring a local

worker, from posting a simple help request, or activating our emergency service system.

LABORLOGY strengthens neighborhoods and community life by involving local

residents to be at the ready to help one another at a moment’s notice, resulting in job

creations, positive economic growth and community cohesion.

The Mission

The objective is to empower the local labor force marketplace with short term jobs

(usually less than one hour) and simplify people’s lives’ anywhere that needs immediate

assistance to on-call hired help for everyday activities or emergency situations.

Overview

It’s hard to find good help, and even harder when you need it now! It is complex,

overpriced and time consuming. With the rise of the flexible temporary workforce labor

phenomenon driven by new mobile technology and the increase of sophisticated

platforms like UBER, Airbnb and LABORLOGY these new mobile services offer users

whatever they need on a temporary basis. By circumventing traditional labor channels

and emergency alert systems, LABORLOGY patent pending mobile network technology

immediately finds and locates the closest, ready to work hired hand and manages the

entire process. LABORLOGY is revolutionizing how you work and get paid by giving

consumers 15, 30, 60 minutes job times to choose from and offering a usage-based

pricing structure. This gives temporary workers the freedom to break the bonds of the

low income “minimum wage” employment trap, because the average worker gets paid a

$30.00 per hour wage. Consumers get instant access to the help right now and also

gives the labor workforce more control over their time and money making capabilities.

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LABORLOGY Emergency Service System The global medical alert systems market is estimated to grow at a CAGR of 6.3% to

reach $21.6 billion by 2020. Home-based users are the largest end-user segment for

medical alert systems. This segment will continue to hold the largest market share owing

to the fast growing home healthcare market and growing demand for efficient emergency

communication devices in people with medical emergencies, chronic diseases and

disabilities. One of the major causes of injuries and hospitalization in older population is

the accidental fall. Seniors using medical alert systems get hospitalized only for fewer

days or have shorter days of stay than the people without medical alert pendants.

Although an accidental fall cannot be prevented, these devices reduce the impact of a

fall or injury by ensuring availability of timely medical assistance. LABORLOGY Emergency service system network LABORLOGY Emergency service system network platform uses a patent pending

mobile application technology with GPS and fall detector to locate you in case of an

emergency in and away from home. A live operator notifies the right response team and

simultaneously sends out a text to your family or friend.

Minutes matter even with non-urgent medical emergency situations. The LABORLOGY

emergency service system network locates the nearest helper and then dispatches them

to the alert location. More than 40 percent of older adults between 50 and 64 years

report problems with mobility; 2 percent are so impaired they need regular help with their

personal care. Having access to in-minutes hired help offers comfort and assurance

knowing they are not alone and with a push of a button care is on its way.

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Matching people with Jobs

In advanced and emerging economies alike, individuals are struggling to find work and

build careers that make use of their skills and capabilities. The strains in global labor

markets have been worsening for decades, and the challenges have been magnified in

the aftermath of the global recession. But at the same time, there has been a constant

refrain from businesses and consumers about the difficulties of finding the right talent

when they need them. The growing use of mobile talent platforms may begin to address

these problems—and even to swing the pendulum slightly in favor of workers by

empowering them with broader choices, more mobility, and more flexibility.

• By 2025, online timeline platforms could add $2.7 trillion to total global GDP.

• Up to 540 million individuals could benefit from online talent platforms by 2025.

• In countries around the world, 30 to 45 percent of the working-age population is unemployed, inactive in the workforce, or working only part-time. In the United States, the United Kingdom, Germany, Japan, India, Brazil, and China, this amounts to 850 million people.

The power of LABORLOGY mobile application network platform provides in-minutes

access to labor & emergency services and will change the way the world works and

pays for services. This simple patent pending technology operates in a closed

environment that manages every step of hiring a local worker or activating our

emergency service system. Easy as posting a simple help request connecting to a ready

to go hired hand with the push of a button. Our patent-pending mobile technology

provides a simpler, more convenient and higher quality within minutes, ready to work,

hired hand experience than conventional providers. Because our patent-pending mobile

technology app makes hiring and paying for any labor service easy, convenient and

reliable and our pre-screened ready now hired hand are trusted because of our “Gold

Standard” background check ensures an ideal work force.

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LABORLOGY Empowering the Mobile Workforce LABORLOGY is revolutionizing how you work and get paid. With LABORLOGY, our

workforce will receive on average $20.00 per hour income. This gives consumers instant

access to the help that they need now and gives the labor workforce more control over

their time and money making capabilities.

“According to numerous sources approximately 30 million workers between the ages of 18 and 64 earn less than $9 an hour in their jobs — a full-time annual income of $18,800 assuming a full-time (40 hour week) 52-week work schedule”

LABORLOGY, a patent pending mobile technology will reshape the employment

structure for home and business in their communities and provide a solution for the

exploited workforce throughout the world. This will ultimately break the bonds of the low

income “minimum wage” employment trap.

Work that puts you first, LABORLOGY connects workforce with immediate hourly or

(daily) jobs from neighbors to businesses around the community, allowing our workforce

to work close to home, work where they want, when they want and for whomever they

want.

Transforming Work Easy as 123:

Helper accepts

the work

Download the free

LABORLOGY App and sign

up to become a user then

text your help needed

Our community of background

checked, ready now, hired hand

will accept and in minutes arrive

to perform the work.

Once the job is complete,

both parties confirm and

payment is made through

the LABORLOGY App

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A Review about LABORLOGY Mobile Technology No Upfront Cost: Only pay when a job is successfully completed.

Find Help in Minutes: Average time-to-fill is minutes not days.

Economically Beneficial: On-demand staffing cost to the business 40% less than the cost of traditional temp staffing.

Built for Home and Business: Provides short-term hired help for both the home and business use. There Where You Need Us. Average fill rate will be 90% vs. 34% for many temp/contract staffing companies.

Save Time: Post jobs in seconds.

Above Average Income: Most average job range $20 per hour. Flexible Schedule: No set hours, you’ll always stop and start on your time.

LABORLOGY is a ready now, hired hand workforce, a patent pending mobile network

technology designed to give home and business user’s real-time flexibility in how they

request short term hired help. Our state of the art matching algorithm analyzes

customer’s unique needs and finds the closest, ready now, hired hand in your area in

minutes. Through the mobile app, home and business users can manage short term

hired help and schedule work directly through the mobile app. The result is a seamless,

cost effective and less time consuming way for individuals and businesses to fill their

crucial workforce gaps and deploy the right talent at the right time, with a push of a

button.

Key features LABORLOGY Workforce include:

LABORLOGY Management: Employer can onboard their own LABORLOGY mobile workforce in to the LABORLOGY platform, providing visibility into their internal workforce and making the process of scheduling and assigning jobs more efficient and convenient Posting Jobs Instantly: Home and business users can easily create and post jobs in minutes; also, can be reused in the future requesting the same talent. It can also be reused for future shifts or openings; plus, distributed to teams and individuals. Intelligent Matching: LABORLOGY enables home and businesses to fill their jobs in minutes with pre-screened LABORLOGY community mobile workforce. Users can create specific work groups with markers and ratings; also, they can find individuals with relevant skills as soon as they are needed.

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Year 1 Year 2 Year 3

Revenues

Revenues 91,147 871,471 11,017,845

Total Revenue 91,147 871,471 11,017,845

Direct Cost

Direct Costs 80,045 753,823 9,613,069

Total Direct Costs 80,045 753,823 9,613,069

GROSS PROFIT 11,102 117,649 1,404,775

GROSS PROFIT(%) 12% 14% 13%

Other Expenses

Salaries 126,000 175,500 263,016

Marketing Expenses 12,000 - -

Rent/Utility Expenses 3,000 4,800 4,800

Other Expenses 68,472 110,640 200,640

Total Other Expenses 209,472 290,940 468,456

EBITDA (198,370) (173,291) 936,319

BOOST

Income Statement Projections

Financial Summary

The current business plan, prepared by the company, shows that the business will

generate gross revenues of $800,000.00 in year two and $11,000,000.00 in year 3. IPO

or acquisitions may begin in year 3 and finance all residual cash requirements as the

company expands. Full return of capital is possible in year three. This is taking a

conservative approach to growth.

Capitalization Requirements

The company is flexible and can be structured as a Partnership, Limited Partnership or

otherwise to accommodate the investors’ goals and tax position. Initially, a Limited

Partnership will be structured in order to avoid double taxation and to allow return capital

to investors.

The company (Partnership) requires $260,000.00 startup and operating capital for the 1st

year and possible $157,000.00 for the 2nd year. 1st year expenses are as follows:

LaborLOGY

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• Marketing (one time giveaway) $ 12,000.00

• Salaries $ 126,000.00

• App / Website Support $ 8,700.00

• CPA, Legal fees, advisors $ 43,000.00

• Vehicle, Office $18,000.00

• App Development Android $25,000.00

• App Development IOS $ 10,000.00

• Completing Beta $1,000.00

• Marketing, Logos, Website $15,000.00

• Contracts for the Apps $5,000.00

• Survey $20,000.00

• Professional fees (legal, CPA, etc.) $3,000.00

• Preopening marketing $20,000.00

• Trademark Application $ 0.00

• Patent Application $2,000.00

• Cash on hand $2,000.00

Pre-launch and Post-launch expenses for the first year

$310,700.00

The Market

LABORLOGY services would cover 2 distinctly different clientele. Consumers (Individuals) and Businesses.

Our relevant market size is calculated as follows: (Consumers)

1. The Total Available Market in California is as such: (TAM) Population over 18 years of age in California is 30 million people. Population of people 65 and over is over 5 million people.

2. The Total Available Market in United States is as such: (TAM) Population of people 65 and over is over 44 million people. Population over 18 years of age in United States is 245 million people.

Our relevant market size is calculated as follows: (BUSINESSES)

1. The Total Available Market in United States is as such: (TAM) There are 7.5 million small businesses in United States.

2. The Total Available Market in California is as such: (TAM) There are 874 thousand small businesses in California.

Since LABORLOGY is in service industry, our potential for growth is unlimited.

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The Global Labor Market Size

We are targeting a $3 trillion dollar hourly rate labor market. The labor force market is

one of the largest and best understood business frameworks. From a technology point of

view it is ripe for transformation with our LABORLOGY mobile application network

platform. Over the past 20 years, the work environment has changed. New technologies,

the falling cost of communications and transportation, and the opening of markets

around the world enable companies like LABORLOGY to create a global footprint.

Today workers around the world face a much more daunting job market. The worst

global recession since the Great Depression still casts a long shadow, but deeper

structural changes have been building for decades. Around the world millions of young

people are stuck in low-skill jobs that leave them frustrated and feeling that they could be

accomplishing so much more.

The total value of world income is closing in on $70 trillion per year, and there are seven billion people in the world. So the average income is heading towards $10,000 per person per year (BBC NEWS)

The United States there were $820 billion spent on part-time employment and there were 27+ million people employed on a part-time basis. (US Dept. Commerce and Bureau Labor Statistics)

Labor markets are ripe for positive disruption. Because of LABORLOGY ability to

create transparency, aggregate data, and enable sophisticated GPS searches

our mobile application network platform can advance that disruption.

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The Global Personal Emergency Alert Market Size

We are targeting the global market for Personal Emergency Alert System which is

projected to reach $21.6 billion dollar by 2020, driven by the aging population, and the

growing preference to live independent lives. There were approximately 1,600,000

monitored Personal Emergency Alert accounts in 2013, with over 300,000 activations

occurring annually. The growing base of aging population worldwide is creating a parallel

need to provide a robust social care system for the elderly. A key driver of this trend is

the rising number of healthy, active ageing individuals who support independence. Also,

improvement in awareness, self-care and disease management is helping people with

chronic disease and disability to lead active and independent lives. The desire to live

well with complex conditions such as dementia and frailty is spurring demand for social

care service. Also, hospitals and health service providers are encouraging patient care

outside healthcare premises, driven by the need to curtail spiraling healthcare cost. A

combination of all these factors are resulting in growing demand for medical product and

services that aid in living safe, healthy and independent lives.

• Aging population - Aging “baby boomers” who expect to live independently are

increasing the need for effective and affordable solutions to support an “action

care link” with healthcare providers and with patients’ families

• Growing population - By 2030, baby boomers who started turning 65 years old

in 2011 will grow 56% elderly population by 2030.

LABORLOGY mobile application network platform is design to assist older adults to

continue living at home with safety, security and independence. The LABORLOGY

emergency service system uses our network of at ready hired hands providers to be on

call to take action in-minutes for non-medical urgent service alerts.

LABORLOGY mobile application network platform locates the nearest helper and then

dispatches them to the alert location. By connecting platform uses a patent pending

mobile application technology with GPS and fall detector to locate you in case of an

emergency in and away from home. A live operator notifies the right response team and

simultaneously sends out a text to your family or friend.

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The Product and Service

We are a mobile application network platform company (a mobile help company) with

patent pending geo location technology and payment system that matches our clients to

private contractors for the purpose of receiving immediate (in-minutes) labor, with their

tasks, projects or activities. The company’s goal is to match and integrate itself and its

purpose into individual life styles.

The Emergency Alert System

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Flex Pay Service Pricing

LABORLOGY is affordable for both business and consumers. We charge based on usage – not on the typical flat rate.

Ready Work Force

Many companies and workers seem to have trouble finding one another. The skills that

many workers have may not match the vacancies at hand; information gaps may prevent

qualified job seekers from ever learning about promising openings; and the right workers

may be in the wrong geographies. LABORLOGY mobile application network platform

solves this problem with our LABORLOGY Network Orchestrator Application matching

workforce ready to work with customer in need to quick labor.

LABORLOGY EXECUTIVE SUMMARY

Corporate Management

Current team of advisors and necessary members is put together by the founder, Mr. Afshin Sarbaz. The team is specialized &Corporate Management Experience necessary to build a successful startup. The team has been and is currently involved with investing, building and managing successful startups with and without accelerator programs.

Corporate Milestones

The key business milestones that our company expects to accomplish as we grow include the following:

EXECUTIVE SUMMARY Confidential

Current team of advisors and necessary members is put together by the founder, Mr. Afshin Sarbaz. The team is specialized in the specific sciences and Entrepreneurial

Management Experience necessary to build a successful startup. The team has been and is currently involved with investing, building and managing successful startups with and without accelerator programs.

stones that our company expects to accomplish as we grow

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Current team of advisors and necessary members is put together by the founder, Mr. in the specific sciences and Entrepreneurial

Management Experience necessary to build a successful startup. The team has been and is currently involved with investing, building and managing successful

stones that our company expects to accomplish as we grow

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Key Success Factors for LABORLOGY Benefits for Customers

LABORLOGY is a problem solver for individuals and/or businesses looking for in-minutes hired help. It is a problem solver first because LABORLOGY provides labor assistance and emergency alert services for those individuals who need work done at reasonable prices. There are millions of adults, across major cities who utilize personal emergency response services (PER’s) and LABORLOGY will de-monopolize the personal emergency response system and reinvent it in every way. LABORLOGY is also fixing up the structure of the labor industry and making it more honorable. It is doing this by performing background checks on workers, offering up quality customer experiences, and accepting different forms of payments. LABORLOGY makes the experience more customer oriented by allowing the customer to track their helper as it is in route to them. They have also allowed customers to pay with their credit cards from a mobile device.

Benefits for Service Providers

Customers aren’t the only ones experiencing positive effect from the implementation of this service. LABORLOGY service providers are also benefiting. The company is creating jobs for part time and full time workers that are having difficulty finding work in the city. As the company does not employ the workers through the service, they do connect qualified workers with customers who need help located within a specified geographical area. LABORLOGY is also fixing the structure of the labor industry and making the industry a more living wage friendly. It is doing this by providing a $30.00 hourly wage.

Older Adults with Personal Emergency Response Services (PER’s)

LABORLOGY will have much success when the older adults ages 65 years and up community begin to take notice and use the technology. Home-based users are the largest end-user segment for medical alert systems. This segment will continue to hold the largest market share owing to the fast growing home healthcare market and growing demand for efficient emergency communication devices in people with medical emergencies, chronic diseases and disabilities. Older adults and their family, friends and neighbors will also take an interest, and be looking for services that would improve their quality of life. LABORLOGY will find success because they found that the PER’s market in the United States is not the best quality and is not widely used by the populations, so their business structure and services would seek to improve the quality and PER’s service. LABORLOGY will begin to market to these older individuals and promote in different ways and channels. LABORLOGY does this by traditional marketing methods, health fairs, senior events and arts and cultural events. One prime idea is to give members of the community free 15 minutes labor services and free emergency alert service. Flex Pricing

Another factor that will add to the growth of the company is flex price. This means

LABORLOGY will charge based on usage – not on the typical flat rate. Plus as the

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demand for labor in the area increase, the price for LABORLOGY services increases as

well. Keep this in mind, during the weekend and evening shits. Say if a storm broke out

and you need help removing debris or a non-medical emergency at home, people would

more than likely want someone to help them at home, without having to ask for

assistance elsewhere that can be troublesome and inconvenient. In such situation, one

could press a button and have a LABORLOGYHelper show up in minutes, it’s a matter

of convenience and independent living.

LABORLOGY is revolutionizing how people work and get paid by giving consumers 15,

30, 60 minutes job times to choose from and offering a usage-based pricing structure.

So the consumers understand the cost associated with the work performed prior to

engagement. LABORLOGY gives temporary workers the freedom to break the bonds of

the low income “minimum wage” employment trap; because the average worker gets

paid a $30.00 per hour wage. Also, consumers get quality on demand labor services in

minutes at a fair price, just by pushing a button.

Word of Mouth

The early adopters of LABORLOGY in the senior citizen community will see that LABORLOGY provides a solution to the failing PER’s industry. As they enjoy the free access to emergency response services and health fairs, senior events and arts and cultural events sponsored by the service, they will begin to spread the news. The senior citizen community will need to have family; friends and neighbors download the LABORLOGY mobile app to be part of a complete service offering which includes a text notification when the alert button is pushed. Family and friends will take to social media Twitter and their blogs to tell their friends and fans about a new way to get personal emergency response service for their parents and in-minute labor services in the area. As they began to spread the news, LABORLOGY will see growth in its business. Many will note the success that will come from the friendly and quality experience they will receive when taking part in the services, and how it stacked up better than its competition. Even celebrities endorsements will take part of the LABORLOGY experience noting that the service offers an amazing experience to users.

Disrupting Old Industry

Today LABORLOGY will disrupt the market for PER’s and the labor industry in general. The company is changing the face of personal emergency response and labor services by transforming part-time and fulltime work, and re-inventing and introducing it in a whole new way to access quick labor services. It is making it less of a need to hire full time employees and instead use in-minute labor services. LABORLOGY will bringing PER’s and labor services to parts of the country, and even the world that never had the luxury of utilizing personal response and labor services in this way. The business will have exponential grow potential, as investors will race to LABORLOGY to get a piece of the pie. LABORLOGY could have huge implications on society as it stands at this very moment.

LABORLOGY EXECUTIVE SUMMARY

Financial Plan

Below is a conservative overview of our expected financial performance over the next

three years:

To achieve these projections, we need to raise $ 2

a possible $157,000. in the 2

Revenues

Revenues

Total Revenue

Direct Cost

Direct Costs

Total Direct Costs

GROSS PROFIT

GROSS PROFIT(%)

Other Expenses

Salaries

Marketing Expenses

Rent/Utility Expenses

Other Expenses

Total Other Expenses

EBITDA

Depreciation

Amortization

Preliminary Exp Written off

EBIT

Interest Expense

PRETAX INCOM E

Cumulative Net Operating Loss

Adjusted against Loss

Taxable Income

Income Tax Expense

NET INCOM E

Net Profit Margin (%)


EXECUTIVE SUMMARY Confidential

overview of our expected financial performance over the next

To achieve these projections, we need to raise $ 260,000.00 in financing for 1

a possible $157,000. in the 2nd year.

Year 1 Year 2 Year 3

91,147 871,471 11,017,845

91,147 871,471 11,017,845

80,045 753,823 9,613,069

80,045 753,823 9,613,069

11,102 117,649 1,404,775

12% 14% 13%

126,000 175,500 263,016

12,000 - -

3,000 4,800 4,800

68,472 110,640 200,640

209,472 290,940 468,456

(198,370) (173,291) 936,319

- - -

400 400 400

15,333 15,333 15,333

(214,104) (189,025) 920,586

(214,104) (189,025) 920,586

(557,899) (556,615) (28,377)

- - 14,188

- - 920,586

- - 165,700

(214,104) (189,025) 754,886

-235% -22% 7%

BOOST


LaborLOGY

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overview of our expected financial performance over the next

for 1st year and

executive summary 1.7.2017

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