Our experience is proven

Together, ThrillCorp’s three principals bring more than 75 years of attractions-specific knowledge and success to bear. The team is led by ThrillCorp’s Chairman, Bill Kitchen – a renowned inventor and creator of two wildly successful prior attractions that generated more than $2 billion in revenue. He is joined by Chief Executive Officer, David Gust, who brings a broad background of knowledge and experience from The Walt Disney Company, Hard Rock Café International, and Hilton Worlwide. Michael Kitchen, ThrillCorp’s Chief Development Officer and Bill’s son, has extensive experience in Bill’s earlier ventures and a track record of entrepreneurship and market development in the simulation industry.

Bill Kitchen / Chairman, Inventioneer

Bill Kitchen is a serial inventor with multiple patents to his name. He has created attractions that have gone on to become new categories of entertainment. Most notable of these are the SkyCoaster and SkyVenture (now known as iFly) which have cumulatively hosted millions of riders and generated over $2 billion in revenues.

SkyCoaster is a patented giant free-fall swing suspended from arch supports climbing 100 to 300 feet into the sky. Devised as a safer and more reliable drop experience than bungee jumping, SkyCoaster provided high thrills in an attraction that has an impressive safety record. The rides were the first add-on attractions within many theme parks, proving to operators that guests would pay additional fees over and above normal admissions prices for unique experiences. Bill profitably sold the company and patent rights after developing several units and proving their value. Ultimately some 120 SkyCoasters were developed across the globe. Many are still in operation a quarter-century later, and continue thrill riders on a daily basis.

iFly is an indoor skydiving attraction that suspends guests in a current of air that very accurately simulates skydiving. Bill’s love of skydiving led him to create an experience opening the market to the risk averse. The attraction draws a great leisure audience, but the realistic nature of the experience has created strong usage by avid skydivers wishing to perfect their technique. iFly also has an impressive safety track record. The attraction is currently available in 42 major markets with many more on the way.

Bill’s other inventions include the UniCoaster, which is currently thrilling riders as the top rated ride known as “Brain Surge” in the Nickelodeon park at the Mall of America. SkyView, an elegant reinvention of the Ferris Wheel that allows creativity in the shape of the wheel in a more space-efficient model, has been superceded by the SkySpire observation product.

Polercoaster and SkySpire are his most recent patented attractions. ThrillCorp licenses development rights for the Polercoaster and Skyspire from US Thrill Rides LLC.

Bill continues to focus on development. His formula for success is to create rides that are 1. Safe, 2. Profitable, 3. Patentable, and 4. Safe.

David Gust / Chief Executive Officer

David Gust is a veteran executive with over 30 years of experience in product development, finance, operations, marketing and general innovation for world-class companies including the Walt Disney Company, Hard Rock Café, and Hilton Worldwide. David brings 14 years of ground-up experience at Disney in the areas of finance, strategic planning and development for Walt Disney World, Disney Development Company, and Walt Disney Imagineering during Disney’s transformational period under Eisner and Wells leadership. At Hard Rock (4 years) he was VP of Global Marketing and New Ventures with responsibility for marketing of 104 cafes spread across 32 countries David also handled global brand management, and development of non-café businesses to broaden the company beyond restaurants. At Hilton Worldwide (9 years) David served as the VP of Marketing for the company’s highly successful timeshare division where he was responsible for direct marketing, brand management, strategic data and CRM, online marketing, and general marketing management. David also serves as CEO of US Thrill Rides, LLC.

Michael Kitchen / Chief Development Officer

Michael Kitchen joined the family business during his college years, where he served as VP of Sales for the company. Michael was highly successful selling amusement attractions throughout the world. After the company was sold, Michael went on to become VP of Sales for IES Ltd., a military simulation & training technology company based in Colorado, where he was responsible for selling military training simulation technologies around the globe. During his tenure, he traveled to and sold high-tech training simulation systems to military, police, SWAT and special operations units in over 80+ countries. He then went on to become a founding member of VirTra Systems, where he served as Partner / SVP of Sales and Business Development, helping grow the business from start-up to an industry leader in military training. In 2010, Michael rejoined the family business with Bill as a founding partner of US Thrill Rides. Currently, Michael also serves as President of US Thrill Rides. Michael has successfully used his extensive business development and marketing expertise to attract potential customers, partnering developers, and equity investors that are often required to build US Thrill Rides multi-million dollar attractions sites.

Frequently Asked Questions

Why is ThrillCorp crowdfunding?

The ThrillCorp team has previously launched two very successful attractions businesses. Both were started with a limited amount of capital that was self-funded by the Bill Kitchen, the inventor.

The Polercoaster and Skypire are much larger endeavors requiring capital beyond what any single owner can provide. Each is expected to require between $30 million and $80 million in investment, but will also be capable of generating substantial annual profits. Going to market through traditional financing channels is very difficult if not impossible without essentially selling the entire company to predatory financiers. For this reason, ThrillCorp is going directly to many small investors who would like to see these projects become a reality and would like to own a piece of the company from the start. By spreading the risk to many small investors, ThrillCorp accomplishes funding goals and creates an advocacy group that can help promote the rides across the globe.

What is Regulation A+ Equity Crowdfunding?

In March 2015, the SEC implemented rules under Title IV of the JumpStart Our Business Startup (JOBS) Act of 2012, paving the way for private companies to raise up to $50 million from accredited and unaccredited investors, subject to specified investment limits. This new rule is known as “Regulation A+” or “Reg A+.” There are two tiers to Regulation A+. ThrillCorp, Inc. is pursuing an offering under Tier 1. Under Tier 2, non-accredited individual investors can invest a maximum of the greater of 10% of their net worth or 10% of their net income. There is no limit for non-accredited investors in Tier 2. Investors are able to self-certify their income or net worth for purposes of the investment limits, so there is no burdensome documentation required to prove income or net worth.

Why is ThrillCorp, Inc. running a REG A+ equity crowdfunding campaign?

ThrillCorp is running a REG A+ crowdfunding campaign to raise capital to build its attractions and allow small investors the opportunity to participate in a new, exciting and potentially successful company. The thrill ride community is passionate and emotionally invested; ThrillCorp seeks to offer more individuals the opportunity to monetarily invest and profit from their passion.

What is the biggest benefit to potential investors who are thinking of choosing ThrillCorp, Inc.?

For potential investors, the opportunity to invest in a rollercoaster company is both exciting and intelligent. The ThrillCorp team is comprised of industry veterans who know the entertainment space and have successfully patented and distributed entertainment opportunities, and the company’s newest products represent the future of the entertainment industry. This notion is substantiated by the organic manifestation of nationwide interest generated by the first Polercoaster announcement, as well as tangible increases in real estate value in locations where developments have been confirmed.

Are there risks involved in investing in ThrillCorp?

Yes. As with any business, there are a number of varied risks. Please review the offering circular to read about some of the potential risks that may apply.

How will this capital raise contribute to ThrillCorp’s long-term goal?

This capital will help ThrillCorp develop one or more of its attractions, serving as a foundation upon which the company will seek to replicate success in as many as 50 U.S. markets.

How can I invest?

Interested Individuals can learn more and invest by creating an account and selecting an investment amount of $200 or more.

What is the minimum amount required to invest?

ThrillCorp has set its minimum investment level at $200, which purchases 20 shares. This low minimum makes investing accessible to a large group of potential investors, some who may be investing for the very first time. It is anticipated that a large number of investors will see this as an attractive opportunity and will invest $1,000 or more. Just like non-equity crowdfunding on Kickstarter or Indiegogo, ThrillCorp has created a set of rewards for those who invest at higher levels. The table below indicates what the company plans to provide in the way of investment packages. VIP tickets are annual passes that are accepted at ThrillCorp-owned Polercoasters and SkySpires. VIP passes with guest benefits allow one guest with each VIP ticket holder.

How will this capital raise contribute to ThrillCorp’s long-term goal?

This capital will help ThrillCorp develop one or more of its attractions, serving as a foundation upon which the company will seek to replicate success in as many as 50 U.S. markets.

How will my investment be used?

Depending upon how much capital is raised in the offering, ThrillCorp plans to use funds to develop rides. This will include securing sites, performing design and engineering, generating estimates and budgets, securing bank or other debt funding, securing partnerships, contracting for construction, executing the project and other functions. If the raise is successful, toward the top end of the $50 million offering maximum, the company believes it may be able to initiate three projects. To do so, it will add staff to handle project management and accounting to scale up capabilities to execute development in multiple sites. If the raise is modestly successful, toward the minimum end of the offering range at $5 million, ThrillCorp will reduce its scope, use the funds to secure a site and will seek partnerships and other financing to bring one site to market. ThrillCorp intends to keep overhead very low. The founders and directors are deferring payment of compensation until the company has generated positive EBITDA.

Included in the total investment estimate for each site is a license agreement with SkySpire LLC or Polercoaster LLC to give ThrillCorp exclusive rights to the intellectual property, including patents, in each market. These agreements are structured with a Territory Fee to take an exclusive territory, measured from the site center point, off of the market. No other development rights shall be granted in that territory for the product that ThrillCorp has licensed. This assures that ThrillCorp will be the exclusive licensor in a protected territory. The Territory Fee is paid with a portion up front and the remainder amortized over the construction period. Upon opening, any unpaid Territory Fee is due and payable. At that point, the license agreement shifts into an operating royalty, which may be expressed as a percentage of revenue. For the term of the contract, as long as the operating royalties are paid, the exclusive license shall remain in force.

Please review the offering circular for more information.