SAN FRANCISCO, CA--(Marketwired - Jul 18, 2016) - POMM Inc. announced that its equity crowdfunding has successfully raised more than $601,714 for its recently launched Title IV, Reg. A+ equity investment crowdfunding campaign. Accredited and non-accredited investors are recognizing the investment opportunity made possible by the growing demand from consumers and businesses that want privacy and security for their smartphones and to guard against hackers that try to pry into cell phones and Internet backup storage clouds to steal sensitive texts, emails, photos, videos, medical records and credit card information.
"According to a Smartphone Case Segmentation Research Study more than 75% of all buyers purchase an impact resistant case to protect their cell phones. In addition many users also like to buy smartphone cases that provide either extra battery life for longer time periods between charging or that offer much higher data storage capacity," said David Freidenberg, POMM's CEO. "And with the growing problem of malware being downloaded accidentally from popular cell phone apps or hackers breaking into internet backup storage clouds, more and more customers are now seeking better privacy and security measures that guard against hacking attacks. Our POMM delivers all of these benefits and more."
The POMM is a combined software and hardware solution that enables smartphone users to launch a set of secured applications to manage and share private information. It is implemented via a mini quad-core computer embedded in the smartphone case offering biometric and biologic authentication layers; significant secure storage area and a 50% increase in battery life.
In 2015, the U.S. smartphone industry alone sold $81.5 billion of mobile add-on accessories to a marketplace that has over 2 billion iPhone and Android cell phone customers. Considering the fact that more than 70% of the world's population will own a smartphone by 2020, it is easy for investors to see the huge growth potential for selling POMM Biometric Smartphone Security Cases to new and existing cell phone owners on a worldwide basis.
The Manufacturer's Suggested Retail Price (MSRP) for the POMM Smartphone Security Case will be $200 for 64GB of storage, $275 for 128GB, and $350 for the 256GB and commercial quantities for volume buyers that should be available in Q4 2016.
To generate a 10x return-on-investment for investors over the next 3 to 5 years, POMM would only need to sell 500,000 units at $200 per unit or less than 285,715 units at $350. Once POMM units are carried by Verizon, AT&T, T-Mobile and Sprint and other wireless carriers, dealers and resellers as well as big box consumer electronics retailers like BestBuy, Wal-Mart, Amazon, Apple Stores, Target, CDW and others, POMM will be positioned to issue a very attractive Initial Public Offering (IPO).
Equity crowdfunding investment opportunities start at $500 and require reading through the full Title IV, Reg. A+ Equity Crowdfunding Offering Circular located at http://pommoffering.com or call David Freidenberg at (917) 300-0651.