United States, Ca... Preferred Partner "EXECUTIVE SUMMARY The Company HasEverything.com, Inc. (the “Company or “HasEverything.com”) is a web-based on-line and off-line luxury gift retailer. The Company provides gifts and special collections containing both library wines and fine gift collectibles targeted to a $30 billion corporate (business-to-business) and consumer luxury gift space. The Company’s name alludes to that old dilemma -what to buy for the hard-to-please person that seemingly “has everything”. How can someone possibly find anything memorable to celebrate that special occasion and create a lasting impression? Solving that dilemma is what HasEverything.com is all about. Management The CEO has founded and grown a successful million-dollar business. The COO has worked with several start-ups and has successfully managed product launch and e-commerce development for a billion-dollar national corporation. The staff members are all seasoned professionals with complementary skills. The Team includes experienced members with specialties in the Internet (including web site design, web marketing and e-commerce), wine retailing, retail luxury gift merchandising and corporate business-to-business sales development. The Market Growth of the Internet has been nothing less than stellar with nearly 80 million users now online. Shopping online has also grown dramatically and is expected to top the $15 billion mark by the year 2000. Gift buying is the fifth largest product category on the Net, approaching $2 billion for 1999. This figure is projected to double every year for the next few years. Corporate gift purchases and the consumer luxury gift market itself are estimated at over $30 billion annually. Worldwide wine auction sales for 1997 were over $100 million and winebid.com alone did $2 million in sales online for 1998. The corporate and luxury gift markets are an underdeveloped segment of the Internet. The company is positioned as an early entrant in this lucrative, high margin, moderate volume niche that represents a significant opportunity for rapid growth and early profitability. Products & Services The Company was founded to develop and market rare and distinctive luxury gift items and personalized luxury gift collections that include prestigious library wines and fine gift items. These products will be sold primarily via the Web in an elegant, user-friendly, secure electronic storefront. Our rare wines and luxury gift collections will also be available in our corporate showroom and fine wine cellar in Fair Oaks (Sacramento), California. The Company intends to position itself to achieve dominant on-line brand identity for the corporate and consumer luxury gift markets. We also intend to be the chief online source for customized, personally tailored “luxury gift collections”. These “designer” gift collections are the result of many hours of research to obtain just the right items. Each collection is a unique blend of varied gifts arranged around a theme and further personalized to the recipient's interest, a special occasion/holiday or significant business event. These one-of-a-kind heirloom collections have retail price points from $750 to $2,000 or more and are showcased in our proprietary luxury presentation case. HasEverything.com acts both as a developer and distributor of these luxury gift collections. What makes HasEverything.com even more distinctive is that each collection contains (as its hallmark) a prestigious, collectable library wine. No other business in America has such an offering. Current Assets The Company's web site will launch and the corporate showroom will open in the 2nd quarter of 2000. The firm is in the process of establishing merchandise sourcing arrangements, creating a detailed brand and naming strategy, identifying additional key personnel and arranging for marketing, public relations and advertising agreements. An inventory ($150,000 retail value) of prestigious library wines has already been acquired, including hallmark labels such as Opus One, Caymus, Beringer, Dunn, Mondavi, Araujo, Silver Oak, Chateau Latour and Chateau Mouton. A special effort has been made to assemble large bottle formats not normally available and to obtain very highly rated (Wine Spectator rated 90 and above) wine and champagne. The large format bottles will be sold over the Net in our private online wine cellar and will be available in our retail showroom. We have acquired the national toll free phone number of 1-877-HASWINE. This is an easily memorable tag and can be marketed extensively. We have control of the following domain names as well: haseverything.com, haseverything.org, haseverything.net, haswine.com, haswine.org, haswine.net, businessgifting.com, privatewinecellar.com, privatewinecellar.net, hasgifts.com, hasgifts.net, libarywine.com, librarywine.org, librarywine.net, palaceofgifts.com, palaceofgifts.net, greatgifts.net, corkdork.org, giftpalace.net, winegift2u.com, and 100pts.com Based on a recent review of the auction trade in domain names these URLs have considerable value ($150,000 to $250,000). Trademark research has allowed us to tender applications for intellectual property rights for our corporate name and several associated tag lines. The State of California, Alcoholic Beverage Commission has issued an Off-sale Liquor License allowing the commencement of retail operations for HasEverything.com. We have formalized a joint marketing agreement with Fine Wine Rack and Cellar Company (http://www.paulwyatt.com/) that allows us to promote our products to Paul Wyatt’s client base. Wyatt has built his prestigious customer list over his two decades as the leader in fine cellar design. Updated and Revised Revenue Projections: HasEverything.com is seeking additional capital to finance its venture. It expects to achieve positive cash flow by the 4th quarter of Year 1. The Company’s business model is grounded on a moderate volume, high margin series of transactions. This business model is designed to produce increasing revenues, profits and distinctive customer loyalty. Revenue in excess of $30 million is projected for Year 3 with 15% pre-tax earnings. Operations HasEverything.com currently maintains corporate offices at 8066 Sunset Avenue, Suites 101 and 200 in Fair Oaks, California. Lease arrangements have now been finalized that allow for expansion from our current space (2,200 square feet) to control a total of 7,000 square feet of office and retail space at this same location. We have also obtained option rights to an additional 4,000 square feet at this same facility. The company's products will be designed and assembled at the same facility that houses its corporate showroom, plant and corporate offices. Our physical storefront is in the process of build out and will include one of the finest wine cellars in California designed and built by Paul Wyatt. Contractual agreements have been finalized and the store is scheduled to open in April 2000. The wine cellar Wyatt has designed for HasEverything.com is one of the finest publicly viewable cellars in all of California and the largest in Sacramento. The cellar will be built of specially imported Jarrah wood from Australia and will have a capacity of 3,500 standard bottles. It will also accommodate magnums and large bottle formats - double magnums to imperials. The cellar alone has a value in excess of $100,000. HasEverything.com gifts will be shipped by overnight carrier to Internet customers worldwide. Current Financing We have con...