Details - Information last confirmed on September 3, 2020
XYSW1J - Electronic Yellow Pages Directory App For Mental Health, Drug Abuse, and Alcohol Addiction Resources
Our firm is pleased to offer a unique investment opportunity to implement a much needed, Yellow Pages-like, online directory and search application for those seeking help with mental health, drug abuse, and alcohol addiction. With well over 23 million people directly afflicted with addiction issues nationwide and another 120 million additional people who are adversely impacted by them, the need for this resource exists now more than ever. The platform and software were developed and copyrighted to provide those suffering from addiction direct access to more than 33,000 Recovery Centers, 2,000 Recovery Professionals, and 4,400 Recovery Physicians, filling a void for a highly underserved market.
Not only does this unique, social media platform provide an enormous benefit to patients and providers in the Behavioral Health market, it also has immense upside potential that is ready to be unlocked. The application is a comprehensive database platform with advanced, patented technology to serve consumers, insurance companies, EAP programs, justice systems, large corporations, and referrals to treatment providers. It provides detailed information and reviews of licensed mental health and addiction treatment providers across the spectrum of rehab treatment. They also offer a wide variety of community-based support resources, 12 step programs, faith-based programs, college programs, and much more.
The company generates revenue by selling annual subscriptions to providers. Paid subscriptions offer patient profiles and direct communication between providers and captive patient leads. The marketing benefits more than cover the subscription fee. Most providers nationwide are currently listed on the website. However, access to patients, including profiles, are not available until they subscribe.
The serendipitous benefit of this opportunity is the ability to store and accumulate both Google aggregated IP addresses of every visitor to the website and email addresses of all those who have registered on the site. This gives a secondary outlet to the company to re-market their services and sell other allied products on an ongoing basis. The present database exceeds 1.5 million IP addresses and is growing daily by two to three thousand per day.
The owner is seeking a joint venture partner to acquire a 50% interest in the company by providing a series of convertible loans, with a floor of $2,000,000 and a ceiling of $10,000,000. This investment capital will allow ownership to implement an operational and marketing strategy to scale into a wide-open marketplace.
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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.