HSCT

DESCRIPTION

Hoops Scouting USA is a pre-revenue, development-stage company with two basketball-focused digital products. The first is its namesake platform — a website and planned app that connects high school basketball players with college coaches for recruiting purposes. Players create profiles with game film, stats, schedules, and academic information, while college coaches from Division I down to junior college programs can browse and plan recruiting. The second product is the Grit App, an on-demand basketball training platform with workout plans, drill videos, and coaching content, which Hoops Scouting USA acquired in February 2023 in exchange for stock. The Grit App has roughly 3,500 users. The company plans to generate revenue through player and coach memberships, sponsorships and advertising (described as the primary intended revenue source), Grit App subscriptions, and merchandise, though none of these streams are yet active. The two products are intended to cross-market to each other's user bases and may eventually be bundled. The company has no employees beyond its sole officer and director, Jamie Oei, and has generated no revenue to date.

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