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Waverly Labs has received many interesting questions, some about our StartEngine campaign and others about our efforts to become the solution to ending language barriers.
In our recent webinar, we took a deep dive to answer several questions from our investors to provide clarity regarding investor inquiries to provide deeper insight into Waverly Labs raise as well as our Ambassador Interpreter.
Related: Equity Crowdfunding 101: Become a Shareholder in Waverly Labs on StartEngine
In this blog, we will outline some of the questions asked during our Q&A Investor webinar and we invite you to watch the whole webinar here!
We're currently working with our broker-dealer to begin the process. The process takes some time because there is legal paperwork and diligence required for regulatory and compliance needs. We expect to initiate the legal diligence next month.
The process will take a couple of months to get through, and then it could be as early as mid to late fall before shareholders will have the opportunity to sell and trade their shares on the secondary market. That's really great news for our current shareholders, especially those who have been with us since 2017, when we conducted our first equity offering.
We've had some demonstrations with big tech. We've had some trials with large companies, including Hilton, Amazon fulfillment centers, and Disney.
We traveled with Disney in Europe, so we have had many trial opportunities, and we've had some demonstrations with large tech.
We have a couple of meetings next month with a handful of big tech companies, but we have talked to them in the past including, the U.S., and China.
Over the years and having shipped over 55,000 units, we're about to cross the $10 million mark in lifetime sales.
There's a lot of interest, especially considering that we have patents and trade secrets and things like that, and we're at the forefront of voice and language products and technologies.
The first plan is to publicize it a little bit, but we're developing a project now to have an online remote translation. After that, we will be working with different translation models, and within the devices, we plan to include remote connections.
We focus on wearable translation for face-to-face communication, but we're looking at remote services that we've been testing and prototyping and internally to begin expanding our portfolio of products and services.
We conduct internal tests on the web apps that we've been building that might launch by fall. The web app will target the virtual conferencing space.
Yes! If you go to our Waverleylabs.com e-commerce store, you can purchase a set of the Ambassador Interpreters.
One way that shareholders can help us is to let us test their market. If there's a specific industry they work in, they want to see what the experience is like.
Maybe there are specific vocabulary terms that we might want to update or certain user experiences that we haven't thought about yet. Suppose it's something outside of education or healthcare, a unique scenario.
Another way shareholders can help is by recommending any buyers and distributors in those markets as well.
A third way a shareholder can help is by sharing the investment opportunity with as many people as you can and assisting Waverly labs in finding more success in our campaign.
We can’t wait to see a future without language barriers, and if you want to help support our progress, then get involved and invest in Waverly Labs on StartEngine!
Also we want to thank everyone who attended our webinar and for your questions.
If you asked a question and it didn’t get answered please send us an email at support@waverleylabs.com and we will get back to you as soon as possible.
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This Reg. A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view Waverly Labs offering circular as well as the risks associated with this offering.
While the company has signed a quotation agreement to trade the securities offered on StartEngine Secondary’s new alternative trading system (the “ATS”), a company which intends to be quoted on the marketplace will be subject to certain requirements which the company may or may not be able to satisfy in a timely manner. Even if a company is qualified to quote its securities on the market, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.
This testimonial may not be representative of the experience of other customers and is no guarantee of future performance or success.
