ernierocker Posted June 28, 2016 Share Posted June 28, 2016 http://www.prweb.com/releases/2016/06/prweb13514642.htm ThrillCorp Inc. Launches Equity Offering To Bring An Entirely New Category Of Rollercoaster Entertainment To The Heart Of Major U.S. Markets ThrillCorp, Inc. (ThrillCorp), the newly-formed company of acclaimed attraction inventor Bill Kitchen and creator of the world’s tallest rollercoaster, today announces it is going public and inviting thrill-loving investors to “own the thrill” by investing in its newest creations, Polercoaster vertical thrill parks and SkySpire observation attractions. Kitchen previously created two of the most successful standalone attractions ever to go to market: the Skycoaster giant swing and iFly indoor skydiving venue, which have hosted millions of riders and generated more than $2 billion in revenue. Kitchen’s new company, ThrillCorp, intends to repeat that success by developing, owning and operating Polercoaster and SkySpire attractions across the United States. In an innovative twist, the company plans to fund its efforts by raising up to $50 million via a new SEC rule, called Regulation A+, that allows companies to sell shares directly to investors. This is the first such effort in the attractions space and, to the company’s knowledge, currently the world’s largest Regulation A+ IPO in history. Instead of requiring a sprawling plot of land, the Polercoaster takes the most exciting attractions of a theme park and builds them vertically, requiring only a half-acre. The Polercoaster can be configured to include a rollercoaster, drop ride, zip line, skywalk, observation deck with a truly immersive and interactive augmented reality experience and tower-top lounge, creating a highly visible, iconic structure that can reach more than 600 feet in height. “This really changes the game,” said Kitchen. “We make the best park attractions more thrilling by going taller. We put them where people can use them more frequently and at a much lower cost than a theme park. We make it a casual outing as opposed to a full day’s commitment. Guests can come out for a few hours, ride a few world-class rides and shop, dine, or just stroll. It is a new category of experience.” SkySpire also leverages vertical building. As opposed to a rollercoaster, it creates an observation experience that is a fresh new take on the Ferris wheel. It carries guests, via spiraling gondolas, to the top of a tall tower where they can disembark on an observation level that can incorporate a lounge and/or restaurant. “In a location with a beautiful view, there is no better experience than the SkySpire,” says Kitchen. “You get unobstructed 360-degree views as you ascend and then you have a self-guided tour of the surroundings in the observation level.” The SkySpire serves as an elegant counterpoint to the raucous Polercoaster. “We think of it as a kinetic sculpture,” adds Kitchen. ThrillCorp believes the sky is the limit for its new attractions. Its crowdfunded offering is intended to provide the capital to develop one or more of its thrilling projects. “We believe there are 30 to 50 viable markets in the U.S. alone,” said Michael Kitchen, the company’s Chief Development Officer. “Our goal is to quickly get one of these up and running and then have a pipeline of eight to 10 additional markets waiting in the queue.” The company can develop towers in a stand-alone tower configuration, as part of larger self-contained entertainment centers, or as larger-scale entertainment malls with multiple other attractions, dining and retail offerings. It has also begun design of all-weather solutions to extend operating seasons. “We can develop on our own or partner with local developers, municipalities and national developers. We have models that work for all situations,” said Kitchen. The company chose Regulation A+ as a funding vehicle to engage an excited base of investors as advocates and promoters of its business. Citing the success of non-equity fundraising efforts generated through sites such as Kickstarter, ThrillCorp decided on this course of finance when Congress enacted new SEC rules that allowed sale of up to $50 million in shares directly to investors via the Internet. “We think our products have broad appeal and we like the idea of a group of shareholder supporters working with us from the ground up,” said David Gust, CEO of ThrillCorp. The company has a sizeable following. Anyone searching Google or YouTube for “Polercoaster” or “world’s tallest rollercoaster” will find videos that portray the potential guest experience. They have been featured across all major media outlets, generating hundreds of millions of views. “A very tall rollercoaster is an interesting discussion topic,” says Gust. “Will you or won’t you do it? We expect our prospective investors will view these videos and say: ‘We want to make it happen!’” While the tall attraction is its own best marketing vehicle, the company plans to build where its targeted audiences already congregate. This strategy, enabled by the tower’s small footprint, will lower the cost of customer acquisition and increase the likelihood of steady traffic to the attractions. In many instances the attraction may generate significant new traffic, and raise real estate values for nearby properties. “Our variety of offerings in a very small footprint allow us to generate very attractive revenue per square foot compared to alternative land uses.” ThrillCorp sees its product fitting into a large number of domestic markets. “As opposed to a theme park, we have the advantages of shared infrastructure, easy customer access and the opportunity for casual guest usage. Compare our investment needs to that of a traditional theme park and then do it on a per attendee basis. We look very good.” Said Gust, “I love Disney and Six Flags and Cedar Fair, but to create another of those parks requires hundreds of millions to billions of dollars and there are few potential locations suitable to host them. In contrast, we offer several of the most popular and repeatable rides for a fraction of that cost in a way that we think customers will use more often. We can put them in most major markets. We like our model.” Individuals interested in investing can find more information at the company’s website. About ThrillCorp, Inc. ThrillCorp, Inc. is a corporation specializing in the development, ownership and operation of patent-protected Polercoaster and SkySpire attractions. ThrillCorp’s founder, Bill Kitchen has created some of the most financially successful and best selling attractions in the world. Kitchen’s inventions have sold tens of millions of tickets, and created over $2 billion in revenue for their owners. ThrillCorp is headquartered in Orlando, Florida. More information can be found at the following sites: http://www.thrillcorp.com https://www.facebook.com/ownthethrill/ CONTACT INFORMATION Michael Kitchen http://www.thrillcorp.com Tel: (407) 567-7006 ext.103 Email: press(at)thrillcorp(dot)com Link to comment Share on other sites More sharing options...
PixelRush Posted June 29, 2016 Share Posted June 29, 2016 Please bring one to Boston Link to comment Share on other sites More sharing options...
MrSum1_55 Posted June 29, 2016 Share Posted June 29, 2016 ^Actually, I feel that Seattle/Portland could more desperately use something like this. Both cities have pretty lively downtown areas, even in spite of the weather, and there are zero real full day parks in the area. The nearest full-day park is Silverwood, a five or six hour drive away. Also, Portland seems to be rapidly trying to construct more modern structures. Seattle may have the problem of one of these looking too much like the Space Needle, so one of these with just the coaster component may work better there. Vibrant downtown areas combined with little competition with parks could spell success. Link to comment Share on other sites More sharing options...
ElvisLuv Posted June 29, 2016 Share Posted June 29, 2016 If I was wanting a primo location with little competition and high visibility spot on a Iconic American Waterway with two of the busiest travel interstates in America with a major entertainment district right there as well, I'd look at Memphis, specifically Mud Island. Bass Pro in the Pyramid is proving folks will stop when drawn to something. Link to comment Share on other sites More sharing options...
robbalvey Posted June 29, 2016 Share Posted June 29, 2016 Guys - Those of you who are making assumptions about this - The Orlando project is ALREADY FUNDED. This is for future Polercoasters. And these are the guys who have made some VERY successful ventures over the years (Skycoaster, iFly, etc) so it's not as though they are anyone new to the amusement business. If you're not interested, don't invest. No need to be insulting and rude on top of it. Link to comment Share on other sites More sharing options...
Hilltopper39 Posted June 29, 2016 Share Posted June 29, 2016 So per that release it sounds like ThrillCorp intends to develop, own, and operate future Polercoaster and SkySpire attractions, I wonder if that is the same model being used for the Orlando project or if that is being approached differently through partnerships with other developers. Kind of an interesting approach, I could certainly see this model being successful in a lot of markets. I mentioned it in the other thread that their SEC filing listed several different manufactures as potential suppliers of the ride including Intamin, B&M, Vekoma, Chance, and Zamperla. I've only associated the Orlando project with S&S then Intamin after they announced Intamin's involvement but maybe including different manufacturers means there potentially could be different types of ride systems used on different installations. Hopefully a 400 foot tall Zamperla Volare isn't in the works..... Link to comment Share on other sites More sharing options...
LiftThrill Posted June 29, 2016 Share Posted June 29, 2016 ^But it does mean there could be a 600 foot Hyper GTX going around a tower Link to comment Share on other sites More sharing options...
jedimaster1227 Posted July 29, 2016 Share Posted July 29, 2016 In looking at the ThrillCorp website, I realized that they've posted some concept art (that I'd never seen before) that looks REALLY fantastic, especially the combo towers with one tower a Polercoaster and the other a SkySpire! http://www.thrillcorp.com/press/ Link to comment Share on other sites More sharing options...
SixFlagsAstroworld Posted July 29, 2016 Share Posted July 29, 2016 Those concept arts looks very awesome! I love that double tower art with both SkySpire and Polercoaster Link to comment Share on other sites More sharing options...
RyanTPM Posted July 29, 2016 Share Posted July 29, 2016 Those all look fantastic, so many possible combinations can be done. For some reason i really like the look of the one with the green drop tower. Link to comment Share on other sites More sharing options...
Nrthwnd Posted July 30, 2016 Share Posted July 30, 2016 Very impressive concepts. I love the ones with the enclosed cabins going up and down the tower. Link to comment Share on other sites More sharing options...
historyfreak92 Posted July 30, 2016 Share Posted July 30, 2016 I really think they should build one in Houston that we would so have something fun to do being without astroworld driving to san antonio or dallas! But probably no because of city crap! Link to comment Share on other sites More sharing options...
SixFlagsAstroworld Posted July 30, 2016 Share Posted July 30, 2016 I really think they should build one in Houston that we would so have something fun to do being without astroworld driving to san antonio or dallas! But probably no because of city crap! I agree with this. But isn't Grand Texas coming soon? Link to comment Share on other sites More sharing options...
MrSum1_55 Posted July 30, 2016 Share Posted July 30, 2016 ^Progress on Grand Texas has been painstakingly slow. No ground has been broken yet, and now their estimated date of completion is 2018. But even that might be optimistic, because it seems like it would take longer than that to build a park. The water park has broken ground, though. But as of the last update, the site for the theme park is still woodland. Link to comment Share on other sites More sharing options...
hesukaheadRBLX Posted July 30, 2016 Share Posted July 30, 2016 They do look nice, although I find the entire idea a bit too unrealistic, and I don't see it happening unfortunately. Link to comment Share on other sites More sharing options...
Cyrbuzz Posted July 31, 2016 Share Posted July 31, 2016 I'll be more convinced when the first one actually takes shape. Hoping it will happen but time will tell. Remember Orlando Thrill Park? A great concept but never got to be realized. I know this Polar Coaster has secured funding but hey who can say until it breaks ground? It's just my opinion so don't get so riled over it. Link to comment Share on other sites More sharing options...
scbt Posted August 1, 2016 Share Posted August 1, 2016 I think this one looks far and away the best of all of them. It looks so slick and modern! Link to comment Share on other sites More sharing options...
hesukaheadRBLX Posted August 1, 2016 Share Posted August 1, 2016 I'll be more convinced when the first one actually takes shape. Hoping it will happen but time will tell. Remember Orlando Thrill Park? A great concept but never got to be realized. I know this Polar Coaster has secured funding but hey who can say until it breaks ground? It's just my opinion so don't get so riled over it. My thoughts exactly. Link to comment Share on other sites More sharing options...
ElvisLuv Posted August 1, 2016 Share Posted August 1, 2016 I really think they should build one in Houston that we would so have something fun to do being without astroworld driving to san antonio or dallas! But probably no because of city crap! I agree with this. But isn't Grand Texas coming soon? It'll go to Galveston first. I think it is one of the suggested locations on the Web site. I would really like to see the polercoaster drop tower version mixed in with a smaller indoor park with an Imax movie complex, bowling alley and a Dave and Busters type venue all part of it. Link to comment Share on other sites More sharing options...
grsupercity Posted August 1, 2016 Share Posted August 1, 2016 I would like to see a polercoaster with a, you know, 500 foot drop Link to comment Share on other sites More sharing options...
hesukaheadRBLX Posted August 1, 2016 Share Posted August 1, 2016 I would like to see a polercoaster with a, you know, 500 foot drop That'd be nearly impossible, as you're going to have to have a short launch that can bring you back up whilst not putting much strain on the actual structure. So, I don't think it'll ever happen Link to comment Share on other sites More sharing options...
SixFlagsAstroworld Posted August 1, 2016 Share Posted August 1, 2016 I would like to see a polercoaster with a, you know, 500 foot drop That'd be nearly impossible, as you're going to have to have a short launch that can bring you back up whilst not putting much strain on the actual structure. So, I don't think it'll ever happen Link to comment Share on other sites More sharing options...
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