Galileo Sat. Con. Sys. is a mature start up with an existing solid client base & cash flow. Focused on web based telemetry, fleet management & location based services, (GPRS/GPS tracking)...

by Valentino Bugatti
(Mijas, Spain)

Over 2600 vehicles currently under adminmistration

Over 2600 vehicles currently under adminmistration

Over 2600 vehicles currently under adminmistration Reward New Drivers Fast recovery of stolen vehicles Track earth moving equipment, recreational and nautical vehicles and other assets

We are actively seeking equity financing of 150,000€ to 500,000€, principally to develop a commercial network, & to strengthen the R&D department so as to service a wider range of hardware, extending to smartphones. If you feel that this opportunity may fit your investment criteria, we would be delighted to answer any questions you may have and arrange a meeting to discuss the matter further.

Summary:

Galileo Europe S.L.L. is more than a “startup”, having begun operations under the name Localizadores Europa S.L. in early 2009. Presently we have about 2600 vehicles paying monthly fees. We project 3000 to 3500 by year end and in 2014 we will see 6000 to 10000 vehicles reporting in an international arena.

We already have Agencies in Philippines and Morocco, as well as direct clients in UK, France, Holland, Argentina, Mexico, and Singapore where the system works seamlessly. We are keen to open markets in Australia, Malaysia, and other SE Asian countries. South America is an exciting market, as are the Indian continent Russia and the northern Europe. Truly a global perspective in a developing industry.

The firm presently has a President (capitalist founder), a General Manager, a Technical Director and his assistant, a Commercial Director, an Operations Manager, and an accountant. We have several technicians for installations, a web developer, and several contracted salespersons. As is the case with most healthy start-ups after the first year of operations, we have a situation where our turnover now almost meets contained expenses.

The firm has seen investment of about €400,000, to date, made up of about €50,000 in bank debt (€20K OD, €10 discounted receivables, 20K ICO of 60K original loan), and about €200,000 (long term debt) to the capitalist founder. The principals have invested about 150,000€ actual cash, which includes as I mentioned the bare minimum operations costs and subsistence remuneration to the partners and founder staff.

The investment we seek will be a minimum 150,000€ to be spent over several months in developing a commercial team and the corresponding materials to assist sales of the products. This investment is modular. Our plans are to sequentially open new markets in several countries. We would be prepared to give up about 20% of the JV for those initial funds… or more if a greater sum is accompanied by other value add-ons, such as the technical support, and the commercial network we seek.

The investment will also permit us to hire the resources to expand our R&D team so as to grow the hardware base which reports to our platform. This will allow us to offer our services to firms which already have fleet management hardware, but antiquated interfaces… (huge market potential) – and in the short term to create applications enabling mobile devices, smartphones and tablets to report to our platform.

We don't object to a clean start JV where the current company contributes its know-how and assets and the investor his commercial network, tech support and say a year of operating costs defined by a business plan in which he may have a say.

If the partner requires a controlling interest we would consider this if they hold a similar view of the future as we do, value our contribution, and commit to our continuing to be involved in management of the company.

We do have a business plan which we have updated each year. We have (unaudited) accounts.

Prior to taking the matter to a more full and formal disclosure which you will certainly require, to be sure you are interested, and so as not to waste time, we request an agreement regarding fees, non-disclosure, confidentiality… etc.

Contact Valentino Bugatti • CEO Galileo Satellite Control Systems

vlb@galileo-europe.com

Comments for Galileo Sat. Con. Sys. is a mature start up with an existing solid client base & cash flow. Focused on web based telemetry, fleet management & location based services, (GPRS/GPS tracking)...

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The most interesting and potential IT start-up funding opportunity.
by: Valentino Bugatti

Over the past two months we have deployed and are implementing very effective open source CRM systems to organise our existing clients and to coordinate our small sales force in an effort to manage them better and optimise results. Similarly we have integrated an open source project management platform so as to be able to effectively outsource some of the R&D tasks to external contractors or contributors.

Galileo continues to be the best platform from which to launch a strong commercial team, in any country or market, and guaranteed to open mouths and leave users drooling with desire to begin saving money.

Get on board! Ask some questions!

We are on standby to provide answers, models and projections. If you are a serious investor please contact us for further details.

A valuable growth opportunity
by: Valentino

Galileo continues to provide a valuable growth opportunity to the right investor. We seek capital to grow our commercial network both at home and overseas.

We have no interest in many of the elaborate schemes for purportedly creating vast sums of money which we have been offered to date, rather to working hard and following a plan to build a solid base on which to grow, together with another like minded firm. So far the easy money schemes have proved expensive time wasters.

We are still hoping to attract the attention of established investors with an appropriate base they wish to share to exploit our know-how and technology.



The stage is getting bigger and better... we need your help to gain a bigger part.
by: Valentino

We firmly believe is on the right track to success, and for which we are on the look out for strategic partners to work with us in achieving our goals.

I take this opportunity to attach links to two English language report summaries who´s synopsis alone speaks about the exiting growth potential for our business. We have not purchased the reports.

The investment should be in form of an equity participation with minimum 2 year term and buy back option at 20% per year. Funds will be invested according to a shareholder approved business plan, prioritising sales, followed by support for developing markets, R&D.

The longer term objective is to attract the attention of some of the larger players to merge with us.


I do hope my short summary has provided you with enough information to whet your appetite and that we will be able to take this conversation to another level in the very near future. I would be delighted to make a short presentation to you on Skype or TeamViewer, and back that up with documents if you should have an interest in taking it further.


I look froward to your comments, I take this opportunity to extend to you the heartiest Seasons Greetings, wishing you the very best for the coming year.




Sincerely yours.


Valentino Bugatti
CEO

Links of interest:


http://www.reportlinker.com/p0567693-summary/Fleet-management-in-Europe-Edition.html
http://www.sensorsmag.com/general-information/news/fleet-management-market-worth-3045-billion-2018-12422?goback=%2Egde_130659_member_5818069810524749825#%21
http://www.berginsight.com/ReportPDF/ProductSheet/bi-fm6-ps.pdf

www.galileo-europe.com
www.galileo-maroc.com
www.galileo-philippines.com

Web shops:
http://galileolocalizadores.es
http://www.localizadordemotos.com/


platform demo:

http://gscs.es/galileo
user:demo@gscs.es
password: demo



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