Our Overview.

• Launched December 2018

• Generated $1.57M in revenue last year

• Activated 7K+ subscribers in our first year

• Has smartphone brand NSPRE™ in production

• Trademarked Tesix Wireless™ & NSPRE™

• Opened first store February 2020

• Currently have 30+ issued authorized dealer licenses

• Store 2-3 opening underway in Alabama and Georgia

• Reserved Stock Ticker on the NYSE for a future IPO

The Problem.

The wireless industry can be very excessive.

We understand the name of the game is “profit" but nobody said anything about excessive. Mobile consumers are quite often annoyed about the level of fees they generate on their monthly bill. Whether it’s over-data usage fees, excessive tax or just hidden charges all together. 
 

With single lines average at $80-$100 per month plus other fees, this causes the bill to simply rack up beyond what most millennial's are able to pay.

The millennials can't afford their wireless bills.

The average millennial has a parent footing a bill or two, even while working a full time job. Of all their bills, 53% of millennials pick their phone bill to be paid over all others.The average consumer will see a $90 bill each month for one line. This totals to $1,080 yearly, in which most 18-25 year old wireless consumers can afford.

Our Solution.

Offer what others refuse.

The reason for going to prepaid carriers is to save money on your wireless bill. Many consumers have found themselves paying almost the same amount per month as they did with the large carriers. 

Where you will pay $100+ per month for features like Unlimited Talk, Text, Data, Unlimited 50GB of Hotspot, International Calling and Free Roaming; Tesix offer for almost half of that at just $60/mo w/ more perks. 

 Our 2019 Revenue:

$1,576,213.76

INVESTMENTS

From February 2018-April 2020, Tesix has received a total investment amount of:

$5,922,112

The Investing Terms.

RISK OF INVESTING

In making an investment decision, you as an investors must rely on your through examination of the company you're looking to invest in and the terms of any offering by that company. Where there is always risk involved with investing, in small or large companies, Tesix is a new company with new customers but current revenues. If you are investing in Tesix, it is because you believe in the company in the current state and the future of it.

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You believe that Tesix will be able to successfully distribute, market and sell its products. You believe that we can successfully profit and scale our business where it will be a success for both you as an investor and for the company.

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Speculative: Investments in Tesix, a early-stage carrier and emerging technology company can be speculative. Unlike an investment in a mature business, where there is a track record of revenue and income, the success of Tesix, an emerging telecommunications company relies on the development of a new product and service. You should be prepared to invest with Tesix operating at a profit or a loss.

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Illiquidity: Your ability to resell your investment in the first year will be restricted. You will need to hold your investment for an indefinite period of time. Unlike investing in companies listed on a stock market, where you can easily and opening trade securities, you will need to first have permissions granted from a Tesix Advisor to locate a interested buyer.

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ROI of Investment: Unlike traditional investments, you will receive a ROI or ability to cash-in upon 1 or 3 Events: Tesix's IPO (If we go public), Company Acquisition (Selling the company) or selling of assets.

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Cancellation restrictions: Once you make an investment, you can cancel the investment at any time and for any reason within 7 days of your investment by requesting to do so at investments@tesixwireless.com.

• Voting Rights: None

• Restrictions on Cash-in: Liquidity Event: IPO or Company Acquisition

• Distributions: None

• Dividends/Reward: N/A

• Redemption Rights: Liquidity Event

• Access to Company Trade: None

• Access to Services: Multiple

• Exclusive Access: Multiple

• Access to Licensing: Restriction Apply

Duties & Perks.

Roles, Duties and Expectation of all Investors are hoped to be active and involved in various standards of marketing and public representation of the company. Your active participation is a great factor to our continued success. These duties can be as followed: 

• Social & Press Sharing

• Referrals for services

• Minor Marketing Participation

• Proper Representation if Publicly investing

• Event Participation (if able)

• Store Grand Openings Participation

Investor Perks:

• $50+: Tesix Merch + 1/mo Free Service

• $250-$500: 3/mo Free Service + Reseller License

• $1,000-$4,000: Merch, 6/mo Service & License Discount

• $4,500+: Merch, 1/yr Free Service & 1yr Tesix License

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*Licensing is in terms of Authorized Dealer License & the right to operate a Tesix Wireless Store. In awarding of the license, investors are still obligated to go through the Dealers on-boarding Process and license must be used within 2 year of issuing date..

What is the S.A.F.E: Simple Agreement for Future Equity

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As a investor, you will have the ability to convert or cash in your investments in the event of a liquidity event for the company which are: Company Acquisition (Someone buying the company , IPO (Initial Public Offering - Going Public), Selling of Assets or Change of Control.

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The SAFE was created by Y Combinator and can be customized infinitesimally. Generally, SAFEs are financial instrument widely used by angels and VCs investing in startups. 

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Unlike traditional investments, this allow companies to grow and build the company freely without a valuation cap, debt or payout deadlines; The S.A.F.E  also allows a company the ability to customize agreements.

EX: Lets say we decide to allow investors to cash in before a big liquidity event, we can inform investors and freely change the agreement/investing contract stating the ability to cash in at this time, or convert your investment for profit or loss.

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Cancellation restrictions: Once you make an investment, you can cancel the investment at any time and for any reason within 7 days of your investment by requesting to do so at investments@tesixwireless.com. After the 7 day window and upon the investing deadline, investments cannot be cancelled or reversed for any reason.

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Tax on SAFEs: SAFE investments grant the holder a contingent right to receive stock or cash at a later period of time. These investments do not generate a taxable event until some type of liquidity event (e.g. when the issuer engages in an initial public offering or is acquired). SAFE instruments do not afford an investor the right to receive K-1s or similar tax documents. 

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Do I receive a K1 Document: No. SAFE holders have no right to the income of the company while they hold the Crowd SAFE. Therefore there is no K-1 or tax documentation due to Crowd SAFE holders unless and until they are converted to another instrument during acquisition or IPO.

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What is my return: Your return depends on your investment amount, the company’s exit valuation (how much the company is worth if or when the trigger event happens), and the terms of the SAFE.

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What are company obligations to its investors? Tesix will provide an annual report by request to any investor. After the first annual company update, under SAFEs the company will not be legally required to continue providing annual updates, therefore investors may not have access to current financial statements as they hold their investment. It is solely up to the company if this will be provided.

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No further obligation from the company is rewarded to investors other than what is stated in any agreements or memorandum (perks, merchandise and etc)..

LET'S GET

YOU STARTED

What you will receive upon your investment:

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• Letter of Confirmation (5-7 days due to excess in investments)

• S.A.F.E: Simple Agreement for Future Equity (sent after round closing)

• Perks: Perks included in your investment

• A link to request perks will be sent

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S.A.F.Es are used to get future equity in Tesix, but investors are not immediately holders of equity. Investments are converted to equity when certain “financial events” occur, such as the company’s acquisition, selling of assets or IPO (Initial Public Offer).​​