April has started strong and we are excited as we move ahead through the balance of the year.
This past week we have had two crowdfunding analysts publish articles on WhiteClouds:
--- Andy Gordon, Co-Founder with Adam Sharp of First Stage Investor and EarlyInvesting.com published an update in their April Newsletter titled: “Portfolio Update: WhiteClouds”. You can read it on their site and we have also included it here at the bottom:
--- Chris Lustrino, founder of KingsCrowd, published an article about Whiteclouds titled: “Top Deal Reiterated: A Revolutionary Alternative to Product Modeling”. You can read it on Chris' website or below: https://kingscrowd.com/a/336/top-deal-reiterated-a-revolutionary-alternative-to-product-modeling
I received this link from one of our investors (thank-you) and thought it would be worth a read from each of you. The article takes a look into the future of 3D Printing along with some predictions. Three takeaways from the article are by 2024:
--- 50 percent of all manufacturing companies will have 3D printing operations in production
--- 40 percent of all surgeons will practice with 3D models;
--- 50 percent of all consumer businesses will have revenue-bearing 3D printing operations.
Our goal has been to get to profitability and self-sustainability as a company. We have completed some changes and effecting a few more that will help accomplish our goals and give us net savings of about $65,000 per month ($780,000 annually):
--- We are in the process of moving to another facility (almost next door) that will significantly reduce our rent and lower utilities.
--- Due to a situation with our COO, Joey has changed status to an as-needed-basis and is still a member of our Board of Directors. We hope to get him back full-time in the near future.
--- We have reorganized employee activities and reduced employee count to better match needs and responsibilities.
--- Our content creation along with SEO (Search Engine Optimization) has had great success and is allowing us to reduce our SEM (Search Engine Marketing) activities. Part of our fund-raising proceeds will be used to expand our content creation and SEO marketing activities.
--- Net Impact – savings of almost $65,000 per month
We like showing off our 3D fabrication and have included some of our cool recent entries – See below:
We are really excited about the future. Join the other 1,000+ investors who have already become part of the WhiteClouds family. See more: https://wefunder.com/whiteclouds
Thanks for your support, Jerry Ropelato
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