Building a Solid Foundation for Growth

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As Covered By:

01

Close our Planned Acquisition of Empire Services, Inc.

MassRoots recently entered into a Letter of Intent to acquire Empire, which is expected to result in MassRoots generating significant revenues and positive cashflows from operations.

02

Roll Up Independent, Profitable Metal Recycling Facilities

Over the coming weeks, we plan to aggressively expand Empire’s footprint through the roll-up of independent, profitable metal recycling facilities.

03

Apply to Uplist to the Nasdaq Capital Markets or NYSE American Market

Upon closing of the Empire acquisition, the Company intends to apply to uplist to the Nasdaq Capital Market or the NYSE American Market, which MassRoots believes would result in a significant increase in visibility, liquidity, and institutional interest for its stock.

An Expanding Footprint

Empire recently entered into an agreement to acquire a metal recycling facility in Virginia, in addition to the 10 it already operates. This is the first of several independent metal recycling facilities Empire plans to roll-up in the coming weeks to aggressively expand its footprint. 

Strategy

Upon closing of the Empire acquisition, MassRoots believes it will be generating significant revenues and positive cashflows from operations. With this stable financial footing and a greatly improved capitalization structure, we plan to aggressively grow Empire’s footprint through the roll-up of independent, profitable recycling centers.

Applying to Uplist

Upon closing of the Empire acquisition, the Company intends to apply to uplist to the Nasdaq Capital Market or the NYSE American Market, which MassRoots believes would result in a significant increase in visibility, liquidity, and institutional interest for its stock.

By the Numbers

Upon closing of our planned acquisition of Empire Services, Inc. (“Empire”) we expect MassRoots will have:

 

Locations and Growing

Million ($) in Annual Revenue

Employees

Shareholders

Market

The demand for steel, copper, and other metals is strong. With inflationary pressures continuing to increase and unabating demand for metals independent of a potential infrastructure investment package, we believe there will be a robust market for metals for the foreseeable future. These are the market conditions in which Empire thrives and has historically generated the highest revenues and profit margins.

Using Technology to Create Growth and Operating Efficiencies

As a technology company, MassRoots has significant experience in developing complex, cloud-based platforms. With the Empire acquisition, we are applying our expertise and knowledge to an often overlooked but highly profitable industry.

We have implemented several technology solutions that have already increased metal volumes and operating efficiencies at Empire’s existing facilities. These include:

  • A cloud-based ERP system for each system to manage their inventories and operations;
  • A corporate website with live metal prices for each location; and
  • In the very near future, an instant online quoting system for people looking to sell their junk cars.

By applying our technology experience to Empire’s existing facilities, we are already creating organic growth and streamlining operations to increase profit margins.

Our Office

1560 Broadway, Ste 17-105

Denver, CO 80202

Office Hours

Mon-Fri: 9am – 5pm

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