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Investing in Looney Labs
Updated May 2009
Looney Labs is a friendly little game company, started back in 1997 by two former NASA engineers, Kristin and Andrew Looney. Kristin, the entrepreneur in the family, started the company with the goal of publishing and selling the games designed by her husband Andy. Over the following 10 years, the Looneys established a recognized and admired brand, with a catalog of award winning "evergreen" products, that are available for sale in thousands of game stores world wide. Looney Labs has sold many millions of dollars worth of games and has built up a dedicated following of fans.
In May of 2006, the Looneys added Robin Vinopal to their executive team (as the Chief Operations Officer of the company) and Robin and Kristin have been working hard on adding more traditional corporate structure to the business. Our sales in 2008 were 217% the sales we did in 2006! Looney Labs is marching into its second decade with vision, momentum, and detailed plans for our continued growth.
The company has many plans for 2009 and beyond... if new investor capital is raised it will help fund these plans and help the company accelerate its growth. We have negotiated significant new terms with our production partner, giving us the ability to keep our 4 newly packaged games in print and continue to steadily publish new titles and keep them all in print. We have 4 titles in the pipeline: two reprints (Aquarius and Chrononauts) and two new games (Are You the Traitor? and Martian Fluxx) and numerous more titles waiting for the time and money to put them on the schedule. And in May 2009 out little 5 person team became a 6 person team when we hired Jessica Blair as our Director of Sales and Marketing! Jessica brings extensive executive sales experience to our team, but with that comes not only a big increase in our payroll, but both a desire and the bandwidth to attend several new trade shows this fall as well as the increased cost for various new marketing efforts. A little extra cushion in our cash flow would do great things for us right now. Does anyone have a chunk of cash they don't feel like trusting to the stock market right now?
If you are interested in additional information on investment opportunities at Looney Labs, please contact Kristin (investor-support -at- looneylabs.com).
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