Tecventions LLC & Equity Issuance

Tecventions LLC is entering production phase supported by a clean, transparent equity framework, a diversified product portfolio, and strong proprietary manufacturing capabilities. To support production scaling, retail expansion, and ongoing development of our products, Tecventions is opening a limited early-stage investment round designed to align the company with strategic investors who understand product development, manufacturing, and innovation.

This Investor Relations chapter outlines the company’s ownership structure, governance, investment opportunity, rights and protections for investors, and the documents supporting the equity issuance.

1. Company Structure & Governance

1.1 Legal Entity

Tecventions LLC is a New Hampshire–registered Single Member LLC that is converting to a  multi-member, manager-managed LLC, operating under a revised Operating Agreement with a clean 1,000-unit membership structure for clarity and future scalability.

1.2 Organizational Leadership

• Founder & Manager:
  Jeffrey W. Bean
  Oversees all engineering, manufacturing, product development, marketing, and operational decisions.

• Legal Partner:
  David P. Azarian, Esq.
  Provides governance oversight, legal structuring, regulatory review, CPA sourcing and compliance.

• Investor Group (1–4 individuals TBD):
  Holds minority ownership and voting rights, receives protected investor privileges, and are encouraged to advise but are not required to participate in operations.

1.3 Ownership Structure

Tecventions issues 1,000 total membership units, allocated as follows:

This structure provides transparency, simplicity, and strong cap-table integrity as the company grows.

2. Capitalization & Investment Offer

2.1 Capital Raise Amount

Tecventions is raising $200,000 in equity capital to accelerate manufacturing, expand inventory, launch retail packaging, participate in key trade shows, and advance our product line position.

2.2 Equity Offered

The raise consists of selling 400 membership units, representing 40% ownership of the company.

2.3 Unit Price & Valuation

• Standard valuation basis: $800 per unit

• Early investor discounted price: $500 per unit

• Discount: 37.5%

This discount applies only to the first $200,000 raised.

2.4 Post-Money Valuation

Following this investment round, Tecventions is valued at:

$800,000 post-money

2.5 Minimum Investment Requirement

Investors join in increments of:

• $50,000 minimum investment

• 100 membership units per investor

• Up to 4 investors total

This ensures clean ownership blocks without fractional units.

3. Use of Funds

Investment proceeds will strengthen Tecventions across key operational and growth areas: See business plan details

3.1 Manufacturing Expansion

• Resin and colorant purchasing in bulk for cost reductions

• Increasing mold cycle production

• Tooling maintenance and upgrades

• Acquisition of secondary processing tools (fixtures, trimming tools, packaging equipment)

3.2 Retail & Market Launch

• Packaging production (SpinBIN, TwisTUBE, UltraSTOR, etc.)

• Retail display systems and point-of-sale materials

• Participation in industry trade shows (hardware, homewares, maker markets)

• Launching and scaling direct-to-consumer channels

3.3 IGOR Platform Development

• Launch Kickstarter Collaboration to fund future development

3.4 Working Capital

• Operating cash flow

• Add inhouse injection molding

• Online advertising campaigns

• Ecommerce enhancement
• Contract labor & consultants

4. Investor Benefits & Rights

Tecventions structures investor rights to be fair, clear, and protective, ensuring long-term alignment with company goals.

4.1 Voting Rights

Investors receive full voting rights proportional to their equity.

4.2 Distribution Rights

Investors participate in any profit distributions proportional to units owned.

4.3 Right of First Refusal

Investors have the right of first refusal on:

• Newly issued units

• Any proposed sale or transfer of units

4.4 Transfer Restrictions

To maintain a stable cap table:

• No member may transfer units without Manager approval

• Investors must offer their units to existing members before any external transfer

• Legal documentation is required for all transfers

4.5 Access to Information

Investors receive:

• Quarterly progress updates

• Annual financial summaries

• Advance notice of major decisions of more than $20,000

• Access to the password-protected investor portal

4.6 Anti-Dilution Positioning

Early investors receive favorable positioning in future rounds through:

• Right of first refusal

• Pro rata participation options

• Locked preferred pricing in the first follow-on raise

5. Investor Expectations & Qualifications

5.1 Ideal Investor Profile

• Accredited or sophisticated investor

• Interest in manufacturing, consumer goods product innovation

• Supportive of long-term growth over short-term liquidity

• Comfortable with hardware-based startup cycles

5.2 Investor Engagement

Participation is optional. Investors may:

• Attend periodic briefings

• Visit the workshop or production site

• Participate in strategic discussion sessions

• Receive early product previews and demos

No operational involvement is required.

6. Exit Strategy

Tecventions outlines multiple future exit or liquidity paths.

6.1 Product Company Acquisition

A larger manufacturer may purchase:

• All products (SpinBIN family)

• Tooling assets

• The IGOR platform

• Full brand rights and licensing of products

6.2 Founder / Company Unit Buyback

At certain revenue thresholds, Tecventions may buy back investor units at a premium.

6.3 Profit Distributions

Tecventions will distribute earnings proportional to units owned.

6.4 Strategic Licensing Deals

Products like SpinBIN, TwisTUBE, or IGOR may be licensed to third-party manufacturers.

Each path provides a clear and favorable return profile for early investors.

7. Risk Factors

Tecventions discloses the following potential risks to maintain transparency:

• Manufacturing scale complexities

• Resin and raw material cost fluctuations

• Competition from similar storage products

• Retail adoption timelines

• IGOR prototype testing and regulatory hurdles

• Economic downturns affecting consumer spending

• Early-stage business operational risks

These risks are typical for manufacturing startups and are mitigated through careful planning, in-house tooling ownership, low overhead, and diversified product categories.

8. Supporting Documentation

The following documents are available in the secure investor portal:

• Multi-Member Operating Agreement

• Contribution & Assignment Agreement

• Investor Packet (Subscription Agreement, terms, rights)

• Legal Partner Equity Agreement

• Multi-Member Conversion Resolution

• Executive Summary Investment Offer

• Cap Table & Valuation Sheet

• IGOR Platform Technical Overview

• Product Line Overview & Packaging Designs

Conclusion

Tecventions LLC presents investors with a rare opportunity:
a manufacturing-ready hardware company with substantial existing assets, a portfolio of innovative products, and a clear path to revenue growth. The investor-friendly 1,000-unit structure, combined with strong IP ownership and U.S.-based production capabilities, positions Tecventions for scalable and profitable growth.

Early investors receive significant equity at a discounted valuation, strong governance protections, and participation in a company that blends consumer product innovation with the long-term upside of the IGOR EVTOL platform.