Newchip - NOVEA Inc.

NOVEA Inc.

Cheyenne, WY

The ONLY 100% digital cloud based company selling extended warranties on consumer electronics.

Maximum Goal

$15,000,000

Price Per Share

$3.00

Investment Type

Equity

Minimum Investment

$500

Via Independent

Deal Summary

  • Jacana Warranty, creator of the proprietary cloud-based Jacana app is 100% owned by Novea, Inc. This platform simplifies & modernizes how warranties are purchased and serviced thus eliminating costly overhead and time. Our goal is to gain 15% ($6.70B) to 20% ($13.40B) of the $67 billion dollar global extended warranty market through large e-Commerce retailers.
  • One particular target demographic is the millennial market. With 92 million in the U.S. and 1.8 billion globally, millennials have MORE spending power available than ANY other generation. 90% of them use social media and 73% make their purchases directly through smart enabled devices.
  • The Jacana app returns control of the process to the user for purchasing a policy, filing and tracking a claim, and even scheduling service calls without the hassle of dialing up a time consuming and costly phone center. By selling directly to the end user (no middleman involved) allows Jacana Warranty to sell for up to 50% less than the competition and pass the savings directly to the customer.
  • The Jacana proprietary app targets the global millennials which favor mobile interaction. The Jacana Warranty App provides a platform that most effectively reaches this target customer demographic who are highly motivated by price. The business model offers pricing that is an advantage by saving the customer up to 50% over our competition. This same group spent over $60 billion using their mobile devices in 2017, the Jacana app capitalizes on this customer base. Our pricing is paramount to the company's revenue model as 74% of millennials compare prices online.
  • Novea Inc's CORPORATE PROJECTIONS (2019 - 2023) can be seen by clicking on the orange tab 'VIEW INVESTMENT DETAILS' on the right or (https://novea.io/invest).

Newchip Disclaimer

Newchip.com is a website owned and operated by Newchip, Inc. (“Newchip"). By accessing Newchip's website via the internet, mobile application, or any page thereof (collectively “Platforms”), you agree to be bound by the Terms of Use and Privacy Policy, as amended from time to time and in effect at the most recent time you access this website or any page thereof. Newchip does not offer investment advice or analysis, nor do we endorse or recommend investments in any company or the suitability of an investment for any investor (“User"). Newchip is not registered as a broker-dealer or investment advisor and does not provide any services requiring such registration. The information presented on our Platform or in any related report regarding any company is either based on publicly available information, information directly from the issuer or intermediary, or from our Users. Newchip makes no representation or warranty as to the adequacy, accuracy, or completeness of such information. Any opinions, reports, scoring, or forecasts expressed herein are not intended as investment advice and are subject to change without notice. Information on this website has been prepared solely for informational purposes and is not a solicitation of an offer to buy or an offer to sell any specific security. The posting of information on our Platforms or related marketing channels regarding any company, including any links to information on our Platform or external content, should not be construed as an endorsement or recommendation of that company for any investment purpose whatsoever. Each investor should determine whether an investment opportunity is suitable given their investment objectives and financial circumstances. We also encourage investors to consult with an investment or financial advisor, tax advisor and/or attorney beforehand. Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All securities involve risk and may result in loss of some or all of your initial investment. The companies on our website are generally at an early stage of development and are subject to significant risks inherent in investing in an early stage company as well as other risks specific to their business and operations. Securities of these companies may be highly illiquid, requiring that they be held for an indefinite period of time or have a limited or no market for redemption or resale. You should not invest unless you understand and can accept the risk of holding an illiquid assets and total loss of your investment. You should only invest an amount of money that you can afford to lose without harm to your lifestyle. You should thoroughly review the complete offering materials, particularly all risk factors, prior to investing in any offering, and become familiar with the investor requirements, investment limits, and your ability to re-sell the investment. You should be aware that Newchip currently does not earn any fees or commissions at this time in relation to its activities, or the activities of its Users, though we may choose to become licensed and accept such arrangements in the future.

Issuer Information

Name of Issuer: NOVEA INC
Legal Status of Issuer: Corp.
Jurisdiction of Incorporation/Organization: Wyoming
Date of Incorporation/Organization: 02/15/2015
Address: 1712 Pioneer Ave. #1913
City: Cheyenne
State/Country: WY
Mailing/Zip Code: 82001

Intermediary: Independent
Type of Security: Common Stock

Newchip Disclaimer

Newchip.com is a website owned and operated by Newchip, Inc. (“Newchip"). By accessing Newchip's website via the internet, mobile application, or any page thereof (collectively “Platforms”), you agree to be bound by the Terms of Use and Privacy Policy, as amended from time to time and in effect at the most recent time you access this website or any page thereof. Newchip does not offer investment advice or analysis, nor do we endorse or recommend investments in any company or the suitability of an investment for any investor (“User"). Newchip is not registered as a broker-dealer or investment advisor and does not provide any services requiring such registration. The information presented on our Platform or in any related report regarding any company is either based on publicly available information, information directly from the issuer or intermediary, or from our Users. Newchip makes no representation or warranty as to the adequacy, accuracy, or completeness of such information. Any opinions, reports, scoring, or forecasts expressed herein are not intended as investment advice and are subject to change without notice. Information on this website has been prepared solely for informational purposes and is not a solicitation of an offer to buy or an offer to sell any specific security. The posting of information on our Platforms or related marketing channels regarding any company, including any links to information on our Platform or external content, should not be construed as an endorsement or recommendation of that company for any investment purpose whatsoever. Each investor should determine whether an investment opportunity is suitable given their investment objectives and financial circumstances. We also encourage investors to consult with an investment or financial advisor, tax advisor and/or attorney beforehand. Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All securities involve risk and may result in loss of some or all of your initial investment. The companies on our website are generally at an early stage of development and are subject to significant risks inherent in investing in an early stage company as well as other risks specific to their business and operations. Securities of these companies may be highly illiquid, requiring that they be held for an indefinite period of time or have a limited or no market for redemption or resale. You should not invest unless you understand and can accept the risk of holding an illiquid assets and total loss of your investment. You should only invest an amount of money that you can afford to lose without harm to your lifestyle. You should thoroughly review the complete offering materials, particularly all risk factors, prior to investing in any offering, and become familiar with the investor requirements, investment limits, and your ability to re-sell the investment. You should be aware that Newchip currently does not earn any fees or commissions at this time in relation to its activities, or the activities of its Users, though we may choose to become licensed and accept such arrangements in the future.