A ‘Sound’ Investment in the Future of the Music Industry

It’s truly one of the most intriguing, and coolest, business models to enter the Stockhouse DealRoom in some time. And possibly one of the most unique early-stage investment plays.

And if you haven’t heard of Montreal-basedHITLAB Inc. (P.HIT, Forum) yet, chances are, you soon will. HITLAB is a musical website where bands and musicians can promote and advertise themselves. HITLAB is an Artificial Intelligence-based music technology platform partially owned by Multi-Grammy-Nominated superstar Akon, that services artists, brands, and fans. In fact the company’s proprietary algorithms are so advanced they can predict, with high probability, whether or not the new song could be a hit!

Each artist or band has its own page that may include news, photos, videos, upcoming shows, background & biographical information, contact information, and music for free listening and downloads. HITLAB’s artists can share music with each other while providing a service portal for artists and listeners alike. Founded in October 2007, the website is a promotional ground for both up-and-coming artists and label-signed mainstream bands.

As the first international digital showcase for emerging artists, HITLAB’s Digital Emerging Artist Showcase (DEAS) is a system designed for musical success. It’s relatively simple to get started:

• Submit your song for analysis.
• Get rated by HITLAB'S DNA tool – a patented and proprietary technology that can predict the success potential of new unknown song.
• See your proximity to radio and charted hits.
• Create your playlist using our advanced Artificial Intelligence (AI) system.
• Lastly, top rated artists will have the ability to sign a recording contract and perform live!

Now, HITLAB is offering a potentially profitable ground floor opportunity, from a company with prospectively consistent long-term revenue generation, to would-be investors.


Here’s the Deal:

The Company is offering by way of a non-brokered private placement up to 10,000,000 Common Shares in the capital of the Company (each a “Common Share” and collectively, the “Common Shares”) at a price of CAD $0.30 per Common Share (the “Offering”). The Offering is subject to a minimum subscription amount of CDN$2,500 per investor equal to 8,333 shares.

The undersigned (the “Subscriber”) hereby irrevocably subscribes for and agrees to purchase the number of Common Shares at a subscription price of $0.30 per share upon and subject to the terms and conditions set forth in "Terms and Conditions of Subscription for common shares of HITLAB Inc. attached the Subscription Agreement).


Highlights:

• up to 10,000,000 Common Shares at $0.30 for CAD $3,000,000
• Minimum of 8,333 shares with an Aggregate Subscription Price of a minimum of $2,500.

Shares Outstanding

Pre-financing: 151,955,719 Common Shares ¹
Post-financing: 161,955,719 Common Shares ¹
Current Pre-money Valuation: CAD $46 Million

(¹) The Company currently has 151,955,719 Common Shares issued and outstanding. Assuming completion of the Offering for gross proceeds of CAD $3,000,000 and the issuance of an additional 10,000,000 Common Shares, the Company will have 161,955,719 Common Shares issued and outstanding.

HITLAB Inc’s DealRoom financing provides access to a digital media company with patented artificial intelligence algorithms, a potentially game-changing platform, an experienced management team, and…at a very attractive valuation.

The Stockhouse DealRoom: your destination to participate in exclusive financings, featuring some of the most innovative companies and best deals currently available on the market.

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For more information about the company and investment opportunities with HITLAB, visit their website at www.hitlab.com.


FULL DISCLOSURE: HITLAB Inc. is a paid client of Stockhouse Publishing Ltd. (Stockhouse). Stockhouse is not registered as a broker, dealer, exempt market dealer, or any other registrant in any securities regulatory jurisdiction and will not be performing any registerable activity as defined by the applicable regulatory bodies. This deal room is for informational purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. Offers to sell, or the solicitations of offers to buy, any security can only be made through official offering documents that contain important information about risks, fees, and expenses. The information contained in this deal room is selective and does not purport to contain all the information relating to HITLAB Inc. In all cases, parties should conduct their own investigation and due diligence, not rely solely on the data provided herein and are encouraged to consult with a financial adviser, lawyer, accountant, and any other professional that can help to understand and assess the risks associated with any investment opportunity.