February 2012 Integrity Capital Ltd 2 page intro' PDF Integrity Capital Ltd 10 Slides PDF Integrity Capital Ltd is designed to be a specialist secure data room system, enabling company directors to process substantial-part of their due diligence documentation, prior to investor contact. IC can be FSA-compliant from day one. Integrity Capital Ltd is not yet commercialised. I am seeking seed investment now. --------------- A selection of recent investment community comments =
REGULATED INVESTORS ASSOCIATION = Colin Ellis, Chief Economist,
British Venture Capital & Private Equity Association [BVCA]
“Integrity Capital Ltd’s system would offer something unique to the market - detailed and sector-specific due diligence being prepared for the company, prior to being matched with relevant investors, will add value both to entrepreneurs and investors. I look forward to seeing the business develop in the months ahead.”
INVESTMENT BANK = Alex McCracken, Senior Investment Director, Silicon Valley Bank Group (UK): “Simon’s solution sounds like just what the investment industry needs and I look forward to seeing the platform when it’s developed.” PRIVATE EQUITY FIRM= Nigel Grierson, Senior Partner, Doughty Hanson Private Equity Technology Fund: “The idea is very innovative in as much orderly management and presentation of corporate data is a problem that is perpetually deferred by many early stage businesses. I know from experience that this then leads to a mountain of work to put it all together when a specific need arises. Also, an organised repository used on a perpetual basis should be an administrative benefit to any company. We’d like to see this business, in the next stage of development.” VENTURE CAPITAL FIRM= Andrew Oldfield, Head of Cleantech MFM Ltd / Mountain Cleantech AG - VC “Angel networks through to generalist and public company investors could be attracted to this approach of using standardized due diligence systems since it potentially reduces transaction costs and provides a paper trail to support the investment manager.” VCT & PRIVATE EQUITY FIRM= Russell Healey, Partner, Foresight Private Equity “Unfortunately Foresight no longer provides seed funding, instead seeking to invest in more established companies. The concept sounds very interesting and I think there is a gap in the market for this sort of service, so I would be grateful if Integrity Capital Ltd could bear Foresight in mind for any of its future rounds of fund raising. SHARE-BUYING SERVICE = Ian Branagan & Paul Varcoe, Co-Founders, BritDaq. "BritDAQ think that the Due Diligence Package that Integrity Capital can supply will be of real benefit to companies seeking investment and also to a large range of investors. Being able to see all the relevant information online in one place will greatly simplify the process of investment selection, and may well become almost a pre-requisite in the future" NATIONAL INNOVATION NETWORK = Victoria Lennox, CEOStartup Canada “Simon Gall’s Integrity Capital makes complete sense. It will solve the time consuming and costly way in which company directors, advisors, professional investors, solve the time and costs burdens of due diligence. I and my colleagues are keen to use the service as soon as possible.” ------------------- A major body of work has produced the business venture plans. Over 60 professionals, including specialist advisors have been involved to-date to give their independent input. The resultant major body of work shows that there is plentiful industry support for, and successful indirect, but no direct competitors to the IC venture! A selection of thirteen organisations, covering chambers of commerce; national government commissions; internet investment communities; investment associations; national business consultancy; ...all wish to white-label use and promote the IC system, for their clients/members/partners. These organisations postulate that if the client/member users that they put into the IC data rooms are from all the technology sectors alone, they could - combined - be over one thousand eight hundred client companies for IC (1,800) per annum. 100% of the specialist advisors approached wish to be registered in the system. Major international Virtual Deal Room [VDR] firms have expressed great interest and verbal request to partner with IC and have the IC-processed clients be matched into their investor systems. ------------------ The main business documentation and its associated 20 appendices comprises over 600 pages of independent professional research, evidence, interviews, specifications and reports written or commissioned (and kept updated) by Mr Simon John Gall, starting with his initial research, concept and operational demo’ of July 2008, (most recently updated in November 2011).
Summary of Financing Requirements and Investment Returns:
1. The UK start-up business requires loan/equity SEED INVESTMENT of up to £500k, which covers
1.1 £150K for full-beta technical development over four to six months virtual-data-room, web-tool, website creation and the first two years of operational costs, plus £160K for the creation of the first sets of due diligence written-guides. 1.2 engaging the key professionals as Integrity Capital Limited staff, including those creating the due diligence documentation.1.3 office space in central London, the hub of the investment markets, so to quickly and easily meet and contract the many prospective Partners.
2. The UK business should become profitable well within three years.
3. If targetting only the technology industries, in year three the EBITDA for the online business could be over £1m. with additional revenue from associated operations, partnerships and offline commissions.
4. This is a highly scalable business which can make money from multiple industries and all financial verticals, internationally. (Think bigger than the multimillion pounds profitable virtual deal rooms such as Imprima.com and Merrill Corporation's Datasite.com ...which IC will complement!).
Investment Terms:
6. Seed Investments of a minimum £50K capital as equity will be considered.
6.1 All shares should be standard ordinary, at par, if invested soon. 7. An investor can be assured that if necessary, their money will not be spent until the agreed main capital-requirement is acquired.
8. Integrity Capital Limited wishes to have an option scheme for key staff of at least c.10% of the capital of the business.
9. As shown in the business plan and financials, Integrity Capital Limited is a start-up business.
10. To ensure a clean start for the investor, no pre-investment time and expenses will be claimed.
11. No shares have been formally assigned in the Articles of Association.
12. 100% of the ‘shares’ are currently held by CEO-Founder Simon John Gall, as Integrity Capital Limited is also a non-trading 'dormant' company: this ensures co-founder status for major investors.
13. Should the investor need to make commitment of additional capital for EU and/or international expansion into non-English speaking or western European/north American business practices, such as Brazil; China; India, the shareholding can be negotiated per regional investment. 14. The Founder Simon Gall is able and willing to relocate to build this business. 
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