Management’s Discussion and Analysis of Financial Condition and Results of Operations

You should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and the related notes and other financial information included elsewhere in this offering. Some of the information contained in this discussion and analysis, including information regarding the strategy and plans for our business, includes forward-looking statements that involve risks and uncertainties. You should review the "Risk Factors" section for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis.

Overview

Convesio provides digital marketing agencies with a platform for hosting scalable WordPress websites without the complexity of traditional cloud providers. Convesio sites outperform traditional hosting providers, reducing client complaints. We simplify hosting, providing a high availability, secure and scalable platform for client sites and streamlined workflows for agencies. This enables agencies to differentiate hosting and use it as a true selling point while maximizing hosting profits.

The hosting market is primed for disruption as businesses realize they cannot reliably host their website on discount legacy providers. Convesio's approach and technology makes it a clear choice over legacy competitors. Our aim over the next 5 years is to have a global server presence, hosting tens of thousands of websites and a company valuation approaching $100m.

Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Milestones

Convesio, Inc. was incorporated in the State of Delaware in February 2018.

Since then, we have:

• WordPress runs 33.2% of the entire internet, which is approximately 75,000,000 websites.
• Managed hosting is expected to grow to $75.6B in 2020.
• We provide new technology, different from other managed hosting providers, at affordable prices.
• Our product is already built, in beta and has very happy users providing great feedback. We're ready to take it to market!
• Currently hosting 500+ websites, with more than 90 million requests per month, which is increasing each day.
• We've deployed 3 clusters: 2 in North America and 1 in the United Kingdom
• We enable design agencies to harness the power of cloud providers, like Amazon, without the headache, resources, or heavy price tag.

Historical Results of Operations

Our company was organized in February 2018 and has limited operations upon which prospective investors may base an evaluation of its performance.

• Revenues & Gross Margin. For the period ended December 31, 2018, the Company had revenues of $0.
• Assets. As of December 31, 2018, the Company had total assets of $0, including $0 in cash.
• Net Income. The Company has had net income of $0 for 2018.
• Liabilities. The Company's liabilities totaled $0 for 2018.

Liquidity & Capital Resources

After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 12 months before we need to raise further capital.

We plan to use the proceeds as set forth in this Form C under "Use of Funds". We don’t have any other sources of capital in the immediate future.

We will likely require additional financing in excess of the proceeds from the Offering in order to perform operations over the lifetime of the Company. We plan to raise capital in 12 months. Except as otherwise described in this Form C, we do not have additional sources of capital other than the proceeds from the offering. Because of the complexities and uncertainties in establishing a new business strategy, it is not possible to adequately project whether the proceeds of this offering will be sufficient to enable us to implement our strategy. This complexity and uncertainty will be increased if less than the maximum amount of securities offered in this offering is sold. The Company intends to raise additional capital in the future from investors. Although capital may be available for early-stage companies, there is no guarantee that the Company will receive any investments from investors.

Runway & Short/Mid Term Expenses

Convesio, Inc. cash in hand is $23,760, as of June 2019. Over the last three months, revenues have averaged $0/month, cost of goods sold has averaged $2,382/month, and operational expenses have averaged $13,004/month, for an average burn rate of $15,386 per month. Our intent is to be profitable in 30 months.

Since having our financials completed, we've started incurring the cost of our production server stack as well as full time engineering, support, and operations personnel. We have added new customers to the platform in the form of trial accounts which we expect will be converting to paying customers in the next 30 days. We've also begun the process of charging beta customers and are working to set up auto payments via credit card for our existing active beta customers.

Over the next 3-6 months we expect revenue to ramp up as we continue to onboard new customers from our existing sales pipeline consisting of over 300 companies who expressed interest in our platform. We will also be working to convert existing trial accounts into paying customers and convert new leads into customers. Our founder and co-founder have contributed capital to the business, and have access to additional capital as needed and can sustain the current company for 12 months with no additional funding. By Fall 2019, we expect (although cannot guarantee) revenues to be about $2,000 monthly, and expenses to be about $20,000 - $25,000 monthly.