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WorthPoint is currently in the Test the Waters phase for Title IV investments

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Make Your Mark with WorthPoint

WorthPoint is the largest resource for identifying, researching, and valuing antiques, art, and vintage collectibles. Our suite of online and mobile offerings consists of an extensive database, a detailed catalog of Maker's Marks and other identifying indicators, as well as access to a library of reference books and price guides from leading publishers in a wide range of antiques and collecting categories.

Our Mission

To empower the antique and collectible industry by providing a steady stream of new data and quality information — helping improve the pricing transparency that exists between sellers and buyers.

Traction

1.5M

Monthly website visits*

4M

Monthly pageviews*

12,000

Monthly paid subscriptions*

*Data based on reports for May 15 - June 15, 2016

Opportunity

500M

Estimated images on items sold

100K

In MAPS (Marks, Autographs, Patterns, & Symbols) database

300M

Historical prices and web pages

WorthPoint is using disruptive technology to modernize the process of valuing antiques and collectibles -- a traditionally paper publishing market -- by providing a revolutionary digital experience and is quickly becoming the Bloomberg reporting system for the projected 500 billion dollar antiques and collectibles market. As a first mover, WorthPoint has built an irreplaceably large database and a proven, scalable business model.

Worthpoint currently maintains

12,000 monthly paying customers

and generates revenue through its online Worthopedia Price Guide and Marks & Library subscriptions.

  • eBay
  • Cowan's
  • Hindman

  • Pook & Pook
  • Heritage
  • Rago

WorthPoint maintains a strong pipeline of potential users through its partnership with eBay, Heritage Auctions, and other well-known resale platforms, and projects a large increase in users during the next several years. WorthPoint believes it is well positioned to acquire more customers through its reseller program and marketing efforts.

Primary Revenue Streams

WorthPoint's Worthopedia Price Guide offers users access to the most pricing data on antiques & collectibles available anywhere. By integrating its platform with dozens of auction houses, including eBay and Heritage, WorthPoint is able to provide instant pricing data on any item. Available on desktop or mobile, WorthPoint offers historical data on 300 million items with 500 million images and growing.

Updated weekly, WorthPoint's Marks & Library offers users access to its robust antiques & collectibles digital library. The WorthPoint Marks & Library consists of over 100,000 marks, autographs, patterns, and symbols (M.A.P.S.), which include identification information and origin history of each item. It also includes access to nearly 1,000 books online for reading and research, and covers glass, china, coins, currency, tools, and more.

A combination of the Worthopedia Price Guide and Marks & Library, this option offers users access to all of the resources available on WorthPoint.com!

Market Summary

Both the US and Worldwide markets, to which WorthPoint sells identification and valuation tools, are highly fragmented. In aggregate, these include homeowners and collectors who are either disposing of or buying items for collecting, as treasure assets, as gifts, or for general use in a home. In addition to collectors and homeowners, potential customers also include:

Potential Customers

Taxing Authorities

Libraries

Estate Liquidators, Attorneys, and Mediators

Insurance Companies

Reselling Shops & Collectible Stores

Asset Based Lenders, Pawn Shops, and Casinos

Independent Sellers

Auctioneers

WorthPoint services tailor to a fluid market and often transient groups of persons, which may include the multiple transactions of an item several times within the same year with an item being sold from an estate, to an antique dealer, and then to a homeowner. Additionally, multiple people may use WorthPoint's data in one transaction. For example, when an item is sold by an estate, users of the data may include an heir, estate liquidator, appraiser, taxing authority, and the actual buyer. While it is impossible to come up with a precise number of potential users or applicable annual worldwide market commerce size for WorthPoint's database, the following are several statistics of sub-markets relevant to WorthPoint within the United States:

Market Key Points

  • The US in-store resale industry has an estimated annual revenue of $17 billion. This industry includes resale shops, consignment shops, thrift shops, and antique stores, and excludes stores that sell cars, boats, trailers, and mobile homes.
  • The US has over 1100 established flea markets with 2.25 million vendors conducting over $30 billion in sales annually. Flea markets are visited by over 150 million customers each year.
  • The total annual revenue of the US garage sales market is estimated at over $219 million, or $4.2 million per week with an average of just under 5 million items sold to an estimated 690,000 buyers each week.
  • The US estate sales market accounts for over $100 million in revenue each month with the average amount of goods sold per sale $8,300. The market includes over 5 million houses resold in the US per year employing an estimated 14,000 estate sale companies in the US.
  • The US art market is estimated at $27.3 billion, with the global market at $63.8 billion and a 38 million estimated volume of sales.
  • The US collectible stamp industry has been estimated at $1.18 billion, with the high end collector market making up about $300-400 million.
  • The US rare coin market is estimated at $3 billion.
  • The licensed market size for sports memorabilia (primarily US) is $12 billion with a $2 billion autograph market.
  • In 2011, the US toy industry sold over $21 billion.

This list is quite endless and the venues are ever expanding. For example, the Brimfield Show, in Brimfield, MA, started in 1959 with one dealer and now has 20+ submarkets with some of these submarkets having dealer booths that could include more than one dealer in the booth. This show runs 3 times a year and the dealers often vary between events. It is reasonable to assume by the math that 10,000 sellers are at each Brimfield event. Another show, the 127 yard sale, started in the 1980s and spans 690 miles for a weekend each August. Other markets include countless auction houses in the US that fall under the level of fine art. An extreme example is Dixon's Furniture Auction in Crumpton, MD. They sell 3,000-6,000 lots a week and opened in 1961. Craigslist is another growing marketplace that is impossible to track.

In 2015, according to Wikipedia, the World Bank estimated the World's GWP, (Gross World Product) at $77.9 trillion dollars in 2014. Of this, $17.9 trillion was in the United States, or 23%. Based on the above, the annual turnover of goods in the US is well above $100 billion. Given collecting and reselling transcend the US, based on the US share of the GWP, the company extrapolates the market sales applicable to WorthPoint is quite large and approaching $500 billion annually.

Why Invest?

WorthPoint is a profitable company aiming to expand its digital knowledge-base, subscription services, and platform to a mainstream audience while providing a chance to invest in the company's entrance into what it believes is the 500 billion dollar collectibles market.

As a perk, those who invest in the company will gain special access to annual and lifetime savings on Worthpoint services.

>$1000

5% discount on services

>$5000

15% discount on services

>$10000

25% discount on services

>$25000

1 day of appraisals with CEO Will Seippel

>$50000

Trip with CEO Will Seippel to experience an antique market

This is an opportunity for anyone to get in on a unique young company that believes that everyone should have the power to make educated, informed decisions about buying and selling antiques, art, and collectibles.

Over the past two years, Worthpoint has been transitioning towards a new billing system called Zuora, as the original billing system, Avangate, was not effective and negatively affected the company's net billings. Around the same time, WorthPoint introduced new services to users, offering a wider range of resources and tools, which subsequently increased the average billing rate for users on Zuora compared to Avangate. What you will see below is how as net billings under Zuora continue to rise as a percentage of total billings, WorthPoint's year over year growth is also set to accelerate.

Testimonials

"As individuals interested in antiques and collectibles become more and more reliant on digital information, they need a trustworthy website that keeps them informed of developments in the field, provides reliable research information, education, and reliable pricing data. WorthPoint more than meets this need. WorthPoint's commitment as a full-service website is a credit to its founder Will Seippel. WorthPoint is now my first stop when I want information about the world of antiques and collectibles."
Harry L. Rinker, National Antiques and Collectibles Expert

"As a professional auctioneer and certified appraiser, I would be leaving quite a bit of money on the table without my Worthpoint subscription. Often when working with potential clients, I'll point to Worthpoint references to establish fair market value prices. In the field, I use my WorthPoint app on the iPhone all the time to see if what I'm considering is a good buy, whether or not it's currently selling, and if the one I'm looking at is legitimate. Simply put, WorthPoint has saved and/or made me thousands of dollars during the past 8 years of using it."
Walt Kolenda, Auctioneer, Gloucester, MA

"Will Seippel, founder of WorthPoint is at the top of the list in the antique business worldwide. Not only is he a fantastic person, he's also ethical, knowledgeable, and honest. His company WorthPoint has made a difference in so many lives, whether you are a dealer or a collector."
Helen Deasy, Estate Sale Dealer, Atlanta (Turnage Estates)

Founder

Will Seippel

Will Seippel, CEO

A seasoned entrepreneur, Seippel has over 25 years of operational and financial experience. He has been involved in successfully negotiating over 20 acquisitions in his career and played a leading role in structuring complex transactions that have raised $5 billion in capital, including two that received the prestigious Institutional Investor Deal of the Year Award.

Meet The Team

Antoine Lyseight

Antoine Lyseight, CTO

Lyseight is a veteran information technology leader in software development and product delivery, systems integration, point-of-sale, and e-Commerce as a result of deep experience with multiple Fortune 500 companies such as Home Depot, IHG, Turner Broadcasting, and Autotrader.com, as well as many other growth-phase companies and technology startups. He studied Computer Engineering at Georgia Tech and received his BBA from Georgia State University College of Business.

John Hale

John Hale, VP Finance

Hale is a licensed CPA for over 20 years, with experience in managing the finance and accounting infrastructure of companies in various start-up and growth modes, raising more than $100 million in equity financing. He has a B.S. in Accounting from the University of Alabama.

Neal McAtee

Neal McAtee, Financial Advisor and Board Member

McAtee is a five-time Wall Street Journal All-Star chartered financial analyst professional with 25 years of experience working as a Portfolio Manager at Reliant Investment Management, LLC; founder and managing member of Red Rock Partners, LLC; GP and Investment Manager for Red Rock Fund, LP, Managing Director and Equity Analyst at Morgan Keegan. He has a B.A. in Mathematics and Economics from Rhodes College and an M.B.A. in Finance and Accounting from Vanderbilt University.

Alex Rascanu

Alex Rascanu, M.A.P.S. Content

Rascanu has extensive experiences with international relationships while working intently with WorthPoint for six years. He is a graduate of the Romanian-American University.

Robbin Levin

Robbin Levin, Reseller Sales

Levin has been a nationwide eBay & eCommerce Sellers Meetup Community Leader and guest speaker for over five years with a total of 13 years of seller experience and social media consulting, partnering with eBay to strengthen community relations.

FAQ

What is the JOBS Act?

The Jumpstart Our Business Startups (JOBS) Act was signed into law by President Barack Obama on April 5, 2012, to encourage funding of small businesses by easing various securities regulations. The JOBS Act required the Securities and Exchange Commission (SEC) to adopt rules to implement a new exemption that would allow businesses to accept contributions from private individuals without making an initial public offering.

What is Reg A+ Equity Crowdfunding?

In June 2015, the final "Regulation A+" rules under Title IV of the JOBS Act became effective, after approval by the SEC, paving the way for companies like WorthPoint to raise up to $50 million from both accredited and non-accredited investors.

What is the difference between an accredited and a non-accredited investor?

An accredited investor is an individual who makes over $200,000 per year or who has a net worth of $1 million or more, excluding their primary residence. A non-accredited investor is anyone who does not meet the net worth requirements for an accredited investor.

What is ‘Testing the Waters’?

Regulation A+ allows companies to promote a potential offering in order to see how much interest they receive before they decide to submit materials to the SEC. This is called ‘Testing the Waters’ and this stage lasts until the offering has been “qualified” for fundraising by the SEC. WorthPoint is currently ‘Testing the Waters.’

How do I indicate interest in WorthPoint?

By filling out the form in the top right corner of the page, you can indicate your interest in WorthPoint's offering. Don't miss out on the opportunity to get in early as an equity stakeholder by taking this first step today.

What is the minimum and maximum $ amount I can indicate interest for?

Minimum $200 – Maximum $500,000

Is my indication of interest binding?

No. This is only an indication of your interest to invest and does not in any way obligate you to make a future investment if WorthPoint were to be qualified by the SEC and move forward with an offering.

How many shares is the amount I have indicated an interest in equal to?

WorthPoint is currently Testing the Waters. Under Regulation A+, a company’s offering document must first be qualified by the SEC before the company can move forward with an offering of securities. After qualification, information relating to the price of the securities being offered will become available in the company’s offering circular and will be communicated to prospective investors at that point.

Why is it important to indicate interest to invest today?

The process of indicating your interest to invest is designed to aid WorthPoint in determining the dollar amount of the securities that it should offer once the SEC qualifies its equity crowdfunding offering statement.

I have indicated my interest - when will I be able to make an investment?

WorthPoint is currently Testing the Waters. Under Regulation A+, a company’s offering document must first be qualified by the SEC before the company can move forward with an offering of securities. After qualification, the company can offer securities, enabling you to make an investment.

How long will it take for an offering to be qualified by the SEC?

This depends on how good a job the company, its accountants and its attorneys did when preparing the SEC filing. The company can expect to get comments from the SEC within 30 days of filing Form 1-A. The company will respond to these comments through a combination of amending the Form 1-A and providing supplemental information. A good estimate is about 120 days from the first filing, but it could be longer or shorter.

Who can invest in a Regulation A+ offering?

Anyone, accredited and non-accredited investors alike, are eligible to purchase securities in a Regulation A+ offering.

How much money can a non-accredited investor invest?

Non-accredited investors can invest up to 10% of the greater of their annual income or net worth.

WorthPoint Corporation is "Testing the Waters" under Regulation A under the Securities Act of 1933. This process allows companies to determine whether there may be interest in an eventual offering of its securities. WorthPoint Corporation is not under any obligation to make an offering under Regulation A. It may choose to make an offering to some, but not all, of the people who indicate an interest in investing, and that offering might not be made under Regulation A. If WorthPoint does go ahead with an offering, it will only be able to make sales after it has filed an offering statement with The Securities and Exchange Commission (SEC) and the SEC has "qualified" the offering statement. The information in that offering statement will be more complete than the information WorthPoint is providing now, and could differ in important ways. You must read the documents filed with the SEC before investing.

No money or other consideration is being solicited, and if sent in response, will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement filed by WorthPoint Corporation with the SEC has been qualified by the SEC. Any such offer to buy securities may be withdrawn or revoked, without obligation of any kind, at any time before notice of its acceptance is given after the date of qualification.

An indication of interest involves no obligation or commitment of any kind.

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