REGIONAL GROWTH • STRATEGIC INVESTMENT • SHARED VISION

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ReBALKAN is scaling across the region with the goal of becoming the Balkans’ leading multilingual digital classifieds and services platform. Our high-risk target scenarios project theoretical value growth potential of between 10x and 2,500x for early-stage investors; these outcomes are not guaranteed. Read the full page to explore our investment thesis and the assumptions behind this potential.

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ReBALKAN investment and strategic partnership opportunities

Investor Pitch Deck

Review the core elements of ReBALKAN's investment thesis through concise summaries, then open the related articles for full details on the topics that interest you.

What is ReBALKAN? 01

What Is ReBALKAN?

Discover what ReBALKAN is, the needs it was created to address, and how it aims to become a multilingual, multi-country digital classifieds and services platform for the Balkans.

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Investment Process and Transparency

This page is for general information and partnership discussions; it is not a public offering, securities solicitation, guaranteed-return promise or binding investment invitation. Strategic fit and mutual expectations are assessed first. Where appropriate, current product, operating and financial information is shared through a confidential verification process, while valuation, structure, rights, risks and legal terms are determined through separate due diligence and agreements.

Frequently Asked Questions

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There is not yet sufficient scale data to establish reliable customer acquisition cost, lifetime value and payback period for different countries and categories. Initial campaigns will be used to measure these metrics, identify productive segments and understand when growth can be financed with own revenues.

A definitive second round valuation has not been announced today; The future price will be determined as a result of product progress, user and revenue indicators, market conditions and new investor negotiations. Management's goal is to generate higher valuations as progress is made, but this cannot be guaranteed.

Yes; A single investor can meet the entire €200,000 target if the suitability review and parties agree on the terms. In such a case, the shares, management rights and other conditions to be granted are not automatically accepted; It is negotiated separately, preserving company control and long-term interests.

The investment agreement may establish budget categories, notification or approval thresholds for significant deviations, and reporting obligations. Related party payments, unusual expenses and major budget changes must be documented and traceable to the investor, while maintaining the flexibility required for day-to-day management.

Yes; The published budget is a management plan prepared for the use of approximately eight months of funding of €200,000. Transfers between items may occur if advertising performance, hiring time, technical needs and market conditions change; The basic principle is to use the resource for measurable growth and continuity of the company.

Yes; If deemed legally appropriate, the company loan model can be evaluated and the investor may have repayment or limited return conditions specified in the contract without being a partner. A debt relationship will not be established without clearly writing down the amount, maturity, priority, profit definition, payment order, default and total return limit.

No; Company shares are not a liquid bank product and the investor does not automatically have the right to sell his shares back to the company at any time. In the case of debt or convertible instruments, repayment terms operate only according to the contract; The risks of early exit, failure to find a buyer and long waiting must be taken into account.

ReBALKAN; It has been specially developed to support multilingual, multi-country and modular growth on C#, .NET, SQL and cloud services. Current performance provides a strong foundation; However, if millions of users are reached, capacity, security, monitoring and operation investments will need to be constantly increased in parallel with demand.

No. Strategic contribution, market access, regional experience and the right network effect matter significantly. We prioritize investors who focus on long-term value creation and can accelerate growth with meaningful strategic support.

No; The information on the page is promotional and interview material explaining ReBALKAN's goals, current product and search for financing. Each investor should make a decision by taking advice from independent legal, tax and financial experts in line with his/her own financial situation and risk capacity.

No; Financial investors are not required to take part in the day-to-day operation. Market access, contacts, industry knowledge or business development input from strategic investors can be valuable; Roles, authorities, fees and responsibilities, if any, are defined separately from the investment relationship and in written form.

Yes; ReBALKAN is a real product with working components such as live broadcast, user account, ad publishing, multilingual content, advanced filtering and Premium package infrastructure. The food, market, accommodation and some service modules in the road map are not yet offered as active products, but are stated as future development targets.

Live and working product demonstrates technical feasibility; However, strong product-market fit requires sustained organic usage, repeat user behavior, growing listing supply, and sufficient validation of willingness to pay. ReBALKAN today is in the early stages of this trade verification process, and the important purpose of the investment is to produce this evidence.

No; The growth, valuation and budget scenarios on the investor page are forward-looking plans based on management's current assumptions and are not independent audit reports. When making an investment decision, actual financial records and target scenarios should be separated and the necessary professional review should be made.

The first regional target is the demand for advertising and digital services in the Balkan geography, which has approximately 51 million internet users. This number does not automatically mean ReBALKAN users or revenue; The real accessible market should be narrowed down by country, category, competition, purchasing power and application capacity.

Multilingual websites prepared for sectoral companies offer independent digital visibility to businesses and enable connection with the ReBALKAN ecosystem in terms of content, traffic and customer acquisition. This structure can be both a corporate revenue opportunity and a channel to generate quality and verifiable supply for the main platform.

Many regional platforms are technically outdated, slow and not built for scale. ReBALKAN focuses on performance, a multi-language architecture and a clean user experience, aiming to be faster, simpler and growth-ready. This technical edge supports faster market positioning.

The platform is built with a multi-language, multi-country architecture in mind. Performance, security and operational processes are designed around growth scenarios, allowing new countries and modules to be added in a controlled and cost-efficient way.

2,500-fold scenario means that the 1% share assumed to be acquired for € 20,000 today will reach a theoretical value of € 50,000,000 in the future; This assumes that ReBALKAN reaches a company valuation of approximately 5 billion euros. This is the highest target scenario that is only possible with exceptional growth on a global scale, strong revenue generation and successful execution; It is not a prediction, promise or return guarantee.

The investor does not acquire securities that can be easily traded on a regulated exchange; It establishes a share or receivable relationship based on contract and official records in a private company. Since access to information, transfer, voting, dividend and exit rights are all limited by company law and signed documents, the need for review is higher.

Platform; It achieved the highest performance results in the measurements published in Google PageSpeed ​​Insights, GTmetrix, SpeedVitals and GiftOfSpeed ​​tests. Results show specific date, device, location and network conditions; 'fastest worldwide' is a brand claim based on these reports and market research, not an official global ranking certification.

The platform currently supports four languages: Turkish, English, Macedonian and Albanian. The number of languages ​​is planned to be increased to eight by the end of 2026, to fifteen by the end of 2027, and to thirty by the end of 2028; These figures are targets depending on development and financing conditions.

If new rounds are opened to finance growth in 2027 and beyond, new share issuance or partnership arrangements may reduce the percentage of existing investors in the company. Dilution, right of pre-emption and similar protections should not be assumed today; It is valid only if it is clearly defined in the final investment contract.

Currently, no definitive minimum investment amount has been declared that applies to everyone; The investment amount, the financing method to be chosen and the legal-administrative cost of the transaction are evaluated together. A practical lower limit can be set at round closing to ensure that small investments do not unduly complicate formal partnership transactions.

In the current plan, it is envisaged that approximately 80,000 € per month, approximately 10,000 € per month, will be allocated to advertising and user acquisition. Expenditure will not be made all at once and without control; It will be directed to productive areas according to the results measured on a channel, country and campaign basis.

The current plan foresees a monthly gross salary of € 2,500 for the founder; The aim is for the founder to focus on ReBALKAN full-time without devoting time to external projects. The fee will be recognized within the scope of the company's cash position and contract; It should not be considered as return on investment or secret profit distribution.

The current approach is based on the assumption of a total 10% partnership allocation for €200,000 financing, which creates a theoretical valuation of €1,800,000 before investment and €2,000,000 after investment. This figure is not the same as the company's registered capital and is not considered the exact market price; product, technology, market, intellectual property, team, risk and bargaining conditions are evaluated together.

Although advertising and supply investment will be necessary to establish the network effect in the first period, the cost and value produced by each channel will be monitored regularly. The financial discipline of growth will be maintained by reducing expenses that only increase the number of visitors but do not generate advertising, reuse or revenue.

Artificial intelligence; It can be used to enhance human judgment in ad classification, translation support, content quality control, fraud signals, recommendations and customer support. Human control, data confidentiality and explainable processes will be maintained in high-risk content as automatic results may be inaccurate.

The platform is developed with security, access control, log monitoring and modern software applications in mind; The processing of personal data must be regulated in accordance with the applicable legislation of the countries in which we operate. As regional growth progresses, technical controls as well as legal compliance, retention policies, incident response and independent security reviews should be strengthened.

Phone and account verification, advertisement behavior analysis, repetitive content control, user complaints and human moderation will be used together. No marketplace can reset all abuse; The goal is rapid detection, clear enforcement rules, preservation of evidence and, where necessary, lawful cooperation with competent authorities.

The first revenue model; It is based on the sale of Premium packages that include certain duration, tokens and visibility opportunities. As user and transaction volume grows, additional channels such as corporate solutions, sectoral web services, advertising, reservations, order and transaction-based commissions will be evaluated; each new model will be tested with product and market data before it becomes active.

Each campaign; It will be monitored on a channel and country basis with indicators such as acquired users, advertisements, verified businesses, Premium conversion, acquisition cost and reuse. The budget of campaigns that do not produce sufficient results will be reduced and transferred to more productive target audiences.

By using category-specific mandatory fields, strong filters, automatic controls, user notifications and human control together, incomplete, misleading or inappropriate content will be reduced. As the country and category size grows, moderation rules, response times and responsible team capacity should also be measured and increased.

Resources can be allocated to priority activities only as they become legally and contractually available, without waiting for the round to be completed. Recruitment and contracts that will result in fixed expenses will be made by evaluating the cash on hand and the visible financing schedule; Uncollected money will not be considered spent.

The investment will support office and operating expenses, salaries for qualified personnel, performance-driven advertising campaigns, brand and marketing activities, R&D and product development, stronger technical infrastructure, expansion of listing supply and content, and preparations for regional growth. The objective is measurable growth and long-term scalability rather than short-term spending.

Since each country's consumer, advertisement, tax, personal data, payment, accommodation and delivery rules may be different, the modules will not be opened in a uniform and uncontrolled manner. Country launches will be carried out gradually through local legal review, content localization, operational preparation and, when necessary, with local business partners.

Free usage brings in supply and user traffic to the platform; Premium packages will be provided with coin-operated visibility and posting operations, as well as corporate and industry services that can be deployed over time. The aim is to create speed, visibility, convenience and willingness to pay for professional tools without hindering basic access.

Priority should be given to marketing, sales and regional field roles that will reduce the operational burden on the founder; It will then be given to customer support, content moderation and technical development capacity. The order of recruitment will be adjusted according to how much of the funding is raised and when and the actual need generated by the initial campaigns.

No; Since ReBALKAN shares are not traded in a public market, it cannot be guaranteed that the investor will be able to sell his shares at any time and at the price he wants. Exit may only be possible through sale to another investor, merger, acquisition, contractual buyback of the founders or the company, or another liquidity event that may occur in the future.

Independent tests have yielded high results in the areas of mobile performance, accessibility, best practices and SEO; This is a significant advantage that reduces user churn on low-speed connections. Performance will not be considered a one-time success and will be measured again with real devices from different countries as new features are added.

Fast pages, clear URLs, multilingual content and structured category data provide a strong technical basis for long-term organic reach. Search engine rankings are not guaranteed; Technical speed alone is not enough without quality ad volume, original content, brand trust and constant adaptation to algorithm changes.

1% partnership for €20,000 is the starting offer evaluated for the current investment round and corresponds to the assumption of a post-investment company valuation of €2,000,000. This rate is not a binding public offering or definitive public offer; The legal method of investment, investor rights and final share rate are finalized at the review and written contract stage.

Current debts, tax liabilities, founder receivables and other financial commitments should be disclosed through accounting records and bank documents dated before the investment. The web page does not replace these figures; The investor should make his final decision after the current financial review.

No; The financing target, valuation examples and investment methods on the page are the general framework provided to start the conversation. A binding investment is formed only after the identity and suitability checks of the parties, legal and financial review, company decisions and signed contracts are completed.

No; The five-year roadmap represents management's product and geographic growth targets and is not a guarantee of definitive delivery or revenue. Priorities may be reordered according to user demand, technical complexity, legislation, financing and performance of existing modules.

Yes; Since product architecture and development knowledge is largely concentrated in the founder Cengiz Özşaylan today, there is a key person risk. One of the purposes of using the investment is to establish a technical and operational team, strengthen documentation and transfer knowledge from a single person to the corporate structure.

The main risks are failure to establish product-market fit, increase in user acquisition cost, delay in revenues, reaction of strong competitors, regulatory differences, need for new financing, founder dependency and regional operation complexity. These risks may reduce the company value and the investor may lose all of the invested capital.

Return; It depends on ReBALKAN growing its user and posting volume, validating its revenue model, successfully scaling across countries, managing its costs, and creating demand for its shares from investors in the future. All of these conditions are uncertain; theoretical multipliers are not realized gains or payment obligations.

Issues such as competing investments, related party transactions, use of confidential information and diversion of company opportunities should be defined in the contract. The law to be applied in disputes, the competent court or arbitration, notification and resolution process must be clearly determined before investing.

In this model, the investor initially provides loan financing to the company, and the receivable can later be converted into partnership interest when certain conditions are met. Such an instrument will not be used unless the conversion date, valuation discount, upper limit, interest, maturity and repayment terms are clearly written in the contract.

At the end of this period, it is aimed to obtain a stronger team, higher ad and user volume, measured advertising channels, advanced product modules and real data to support subsequent growth decisions. No specific level of income, profit or valuation is guaranteed; The results will be reported according to the actual performance.

This target is not the current company value; It represents the most optimistic long-term scenario that ReBALKAN can reach if it turns into a multi-country, multi-lingual and multi-vertical digital ecosystem. For such a valuation, criteria such as a large and active user base, strong revenue, repeatable country expansions, brand strength and sustainable profitability must be met together.

Registered capital is the amount of legal capital officially recorded at the establishment of the company; Valuation is the economic value assigned to the company's product, technology, market, future income potential and risks during the investment meeting. For this reason, it is possible for a company with a registered capital of € 10,000 to be valued higher in the investment meeting, but this value is not guaranteed by the market.

In the long term, strategic acquisition, secondary share sale in the next investment round, if the company produces dividends profitably or if the scale grows sufficiently, more corporate capital market options can be considered. Since there is no guaranteed exit with a fixed date today, the investor must accept that he may carry an illiquid share for a long time.

Cengiz Özşaylan is a software developer and solution architect who has developed commercial software projects since 2004, produced approximately 300 websites and applications, and trained more than fifty long-term students. ReBALKAN's product strategy, data model, software architecture, performance and current technical infrastructure were directly developed by him.

The long-term goal is to consolidate the fragmented digital classifieds and services market across the Balkans under one strong brand and establish a regional standard. Over time, ReBALKAN aims to integrate multiple modules and evolve into a centralized digital ecosystem.

The early investor may have the opportunity to participate in the process at a lower valuation, when the product and regional growth are still at the initial stage. In turn, uncertainty, lack of liquidity, execution risk and the possibility of capital loss are higher than in later stage investments.

The 2027 plan envisages gradual expansion to Kosovo, Albania, Serbia, Croatia, Montenegro, Bosnia-Herzegovina, Romania, Bulgaria, Greece and other Balkan markets. Exact order; Localization readiness may vary based on legislation, partnerships, market data and budget; the countries on the list are not a firm launch commitment.

The current model combines directly purchased Premium packages with Premium packages earned through seasonal advertising campaigns. Packages include a defined duration and Tokens that can be used for publishing, renewal, supported changes or visibility features. Business solutions and vertical services may later become complementary revenue channels while preserving user value.

ReBALKAN is designed from day one as a multi-language, multi-country platform. Instead of being a single-purpose classifieds website, it is built to evolve into a scalable digital ecosystem that can host multiple verticals under one roof, improving both user experience and supply-demand efficiency.

The planned stages will include product sales advertisements, job and service advertisements, hotel and hostel accommodation, tourism and events, business promotion, restaurant QR menu, table ordering and reservation; Then there are food, grocery, local product delivery, courier and social networking features. The order in which they are deployed may vary depending on user demand, financing, legislation and technical verification.

ReBALKAN; It aims to reduce the fragmented advertising markets, language barriers, insufficient filtering, outdated technical infrastructures and scattered advertising experience in social media groups in the Balkan countries under a single organized platform. It aims for users to discover the supply in different countries in their own language, and for businesses to reach a wider and measurable market.

The investor's rights such as voting, information, dividends, transfer, pre-emption or management participation arise only with valid company documents and investment contract. The percentages on the web page do not automatically create these rights; The type of share, rate and all rights should be clarified with legal experts before the investment.

ReBALKAN is in its early growth stage. The focus is on scaling within the pilot market, increasing supply volume, understanding user behavior and preparing the infrastructure and operations for regional scalability. At this stage, measurable growth and validated usage data are key.

ReBALKAN does not only aim to compete with the lowest price; It aims to deliver higher total value through speed, multilingualism, filtering, visibility, support and industry tools. Still, price flexibility, promotions and package structure can be changed moderately according to market response.

Management; It plans to track active user, new and active ad, verified business, interaction per ad, Premium conversion, revenue, user acquisition cost, reuse and retention rates. Results based on country and category will be evaluated separately and used in growth decisions, without being hidden in the same total.

Focusing on the Macedonian and Albanian markets, team members will be responsible for business acquisition, creating advertising supply, executing local campaigns, collecting customer feedback and brand relations. Their success will be measured not only by the number of interviews held, but also by active business, quality advertising, conversion and retention results.

Management; will reprioritise advertising, recruiting and development spend based on measured results, slow cash burn or revise the roadmap. However, failure to achieve the goals in an early-stage venture may lead to a decrease in company value, the need for new financing, or the partial or complete loss of invested capital.

This issue should be clearly regulated in the investment contract: the minimum closing amount of the financing, when the funds can be used, the extension of the round and what rights the investor has if the target is not achieved should be determined in advance. It should not be assumed that the money will be automatically returned or used without any written conditions.

Regional expansion is planned gradually after achieving sufficient validation in the pilot market. The goal is not fast but uncontrolled expansion, but sustainable, measurable and manageable growth.

A reliable profitability date cannot be guaranteed today; Profitability depends on user acquisition cost, paid package conversion, ad volume, operational expenses and the speed of opening new markets. The purpose of the first financing period is not to promise profits on a precise date, but to validate the revenue model and growth economics with measurable data.

QR menu, table ordering and reservation modules are on the 2027 road map; Food, grocery and local product delivery to external locations and the courier structure are among the 2028 targets. Income from these modules can only be expected when the product is activated and sufficient transaction volume is generated on the restaurant, seller, courier and customer side; It should not be treated as realized income at today's valuation.

After the parties agree on the commercial terms, local lawyers and accountants will examine the company structure, investment instrument, necessary decisions, records and tax consequences. Money transfer, share transfer or debt relationship should only be carried out by signing appropriate contracts and determining the necessary official steps.

ReBALKAN activities are carried out through RETURING DOOEL SKOPJE, established in North Macedonia. In the current legal structure of the company, investment acceptance and partnership changes are subject to local legislation, company decisions and official registration procedures; Therefore, the transaction method will be verified with the local legal expert prior to the contract.

ReBALKAN today progresses with an early stage and lean structure under the leadership of its founder; The investment budget aims to establish a core team that will undertake marketing, sales, content, customer support and regional operations duties alongside the founder. Positions planned before candidates are hired or contracts are completed are not shown as current employees.

Ownership of the platform's specially developed source code, data model, design and brand assets must be verified in the investment review through company records, contracts and relevant registration documents. Before the new investment, it is aimed to ensure that all intellectual property relations between the founder and the company are clear, written and reviewable for the investor.

Since ReBALKAN is in an early growth stage, user, advertisement, conversion and revenue indicators may change rapidly; We do not want to publish outdated figures as permanent promises. In serious investment discussions, current measurements taken as of a certain date should be shared along with their definitions and data sources.

Individual features can be copied; The defensible advantage is the sum of the integrated architecture where multi-country data model, true multilingualism, high performance, SEO structure, sectoral sites, moderation processes and new modules work together. Permanent superiority is not guaranteed, however, and requires regular product development, brand investment and rapid implementation.

North Macedonia is a suitable pilot market due to its manageable market size, multilingual user structure and the possibility of receiving rapid feedback. The aim here is to verify the supply, user behavior, sales methods and operation processes and move the working model to larger Balkan markets in a controlled manner.

This amount includes not only the table and chair; It is the upper budget that covers the deposit, initial installation, computers and monitors, presentation and video equipment, field vehicles, drone when necessary, legal-administrative initial procedures and complementary needs during the year. The unspent portion will not be automatically transferred to another item; It will be used according to the actual need and document.

In marketplace models, sufficient ad supply, brand awareness and counterparty participation must be created in the same period for users to see value. Financing; the working technique buys the time needed to make the product visible, grow the supply, and validate the revenue model at scalable volume.

The current €200,000 plan was prepared as an eight-month intensive growth budget and the controlled use of items was envisaged instead of a separate general reserve. The administration will still not commit to the entire budget upfront; It should leave a safety margin in the actual payment schedule for cash flow, taxes and unexpected mandatory expenses.

Businesses can pay for access to a wider audience, highlighting their listings, faster processing, multilingual visibility and industry-specific digital tools. Willingness to pay will not be considered presumptive; Package prices, conversion and customer retention will be tested with real sales data.

North Macedonia is a practical pilot market due to its manageable size and fast feedback cycle. Establishing strong supply, validating product-market fit and building repeatable operations there creates a solid foundation for expansion into other Balkan countries.

This date was determined to connect the first financing period to a clear calendar and to ensure that 2026 product, team, advertising and market targets are managed under the same plan. Early closing, extension or change of conditions of the round can only be decided separately in line with the financing progress, company needs and legal evaluations.

The priority is the web platform that is fast, accessible and works on all modern devices; Thus, broad access is provided without the cost of distributing separate applications to each country. Native apps can be included on the roadmap if usage data shows that the mobile app will generate meaningful additional value in terms of notifications, location, loyalty or transaction frequency.

When the company reaches sustainable profit, dividend distribution can be evaluated legally and financially; however, gains made during early growth are more likely to be reinvested in product, team, and market expansion. The investor is not promised dividends on a specific date or rate.

Social features are not planned as a stand-alone goal, but to enhance user interaction and reuse around listings, businesses, and services. Resources will not be shifted to social network development until the main marketplace reaches sufficient volume; each feature will be progressively tested based on measurable user need.

No; In addition to language translation, actual localization includes category names, currencies, address formats, units of measurement, search habits, support language, legal texts and country-specific user expectations. Not every new market will be considered complete with automatic translation alone without testing with local users.

Multi-country structure may require some service providers and cloud infrastructure to process cross-border data; These operations must be carried out within the scope of applicable data protection rules, contracts and user information. Which data is processed where, how much is stored and who has access to it will be managed with an open data inventory before growth.

No; Package duration, token amount, features and prices can be tested and updated based on user behavior, country purchasing power, category value and competitor conditions. Price changes must be implemented without violating existing customers' vested rights and clearly stated package conditions.

When the serious negotiation reaches the appropriate stage, income-expense records, bank movements, tax and debt status, important contracts and capital structure should be opened for examination under confidentiality conditions. While personal data and trade secrets are protected, no significant liability affecting the investment decision should be hidden.

No; One or a combination of direct partnership investment, return-limited company loan and convertible investor loan options are evaluated. The method in accordance with North Macedonian law will be determined in the written contract with the support of a lawyer and an accountant, after examining the legal structure of the company and the investor's expectations.

No; The €200,000 target does not have to be met by a single investor and it is planned to accept piecemeal financing from different investors over the period. It should not be assumed that every accession will be made with the same legal instruments or under the same conditions; all transactions will be aligned with the tour structure and written contracts.

The information required by the legislation in official partnership and company records can be submitted to the relevant institutions; The information to be disclosed to the public is determined within the framework of law, confidentiality and the written consent of the parties. Names of lenders or interviewers will not be published for marketing purposes without their permission.

Although a consistent main framework is aimed for investors in the same round, the investment amount, financing instrument, strategic contribution, timing and legal requirements may affect the conditions. If different rights arise, these should be regulated not by verbal promises, but by clear written documents that all parties can review.

Reporting frequency and scope will be determined in the final investment agreement; The management's goal is to share budget usage, product progress, user and advertisement indicators, and important risks regularly and understandably. While trade secrets, personal data and the company's competitiveness are protected, sufficient transparency must be provided for the investor to monitor its decisions.

In ReBALKAN's current company structure, the investor's participation in management is not automatic and the investment amount alone does not create such a right. If the right to observe, consult, veto or manage is requested, it should be clearly regulated in the final contract and company documents, balanced with the company's ability to make quick decisions.

Money transfer should only be made after the nature of the investment, the obligations of the parties and the conditions under which the fund can be used are clarified with written documents. Options such as keeping the money in an escrow account until the tour closes or gradually transferring it to the company can be determined according to the applicable law and the agreement made with the investor.

According to the current budget, €200,000 is planned to carry out the core team, intensive advertising efforts, office and field needs and product development activities for approximately eight months. This amount does not finance the entire five-year growth; It was determined to achieve 2026 targets and produce stronger indicators for the next phase.
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