By way of our well established Look@MyBaby Company vertical, the Group has already become a first of kind operation which successfully identifies, engages and monetize parents, and their friends and family, all of whom are brought together by the birth of a child and become users of the Look@MyBabyBook™ Platform.
We facilitate and protect this protocol via long term exclusive contracts with Hospital Groups worldwide.
Opened Look@MyBaby Australia to critical acclaim. Signed agreements with over a dozen member hospitals and launched the Look@MyBaby service
Opened the Indonesia offices - bringing LAMB to one of the biggest markets in Asia.
Opened Look@MyBaby Malaysia after signing KPJ hospitals - expanding Asia presence beyond the successfully launched LAMBIndonisia.
Opened Look@MyBaby Thailand after signing Samitivej ("sum-it-toay") hospital, one of the top maternity hospitals in the region
Expanded LAMB to MENA - opening offices in Jordan and UAE after signing major health care groups in the region to Look@MyBaby
Opened Look@MyBaby Philippines - further expanding our global foot print into another major "Babies Per Month" market
First Launch of the Look@MyBabyBook - marking the transition from Video only streaming to rich content for hospitals and new parents
Opened US offices in San Antonio Texas as part of current move to a "US-centric" company and operation and to mark launch into the US market
Q & A
In a paragraph or two please explain the product/technology, what it will accomplish, the differentiation, the factors that make it a market changer, etc.
Look at my baby began a few years ago servicing Hospital and parents in Hospital by providing live video streaming of baby’s to the parents and their invitees. It wasn’t long that we realized that in capturing NEW PARENTS and their friends and family invitees as customers, that we had done something no other social network, e-commerce platform, or website had ever done. We have spoken with major retail assets in the consumer goods and Insurance sector and the response was overwhelming… “change your revenue model and be a billion-dollar company”
How much capital has been expended to date and what has been accomplished with it to date?
Approx. $9.08MM, which represents capital investment by mainly Principals. No sweat equity conversion. What we have accomplished: 1. Proven Concept/Barriers to entry removed 2. **Market Penetration - In 13 hospital groups with an immediate pipeline of over 560 hospitals 3. 3000 New family customers every month (currently) – projected to accelerate to over 150,000 EVERY MONTH this year under new model
What is your entrepreneurial track record? Have you founded, owned, and/or operated any previous companies?
We've brought together a 1st class team of professionals with impressive track records. Of note is Michael Brereton – Founder and Executive Chairman was founder of ToxFree Solutions limited http://www.toxfree.com.au . He founded the company and brought it public in Australia (ASX;TOX) and to this day it remains the #1 hazardous waste remediation company in Australia. ** Ask us next about Mark Purslow's history in the insurance business. More upon request