VOLARE GEAR Inc. 2009: ABSTRACT
WELCOME Mr. Cuban to Volare Gear Inc., an innovative and revolutionary product to promote motorcycle safety and style. Volare Gear Inc.; is on the verge of an amazing transition into a heavily increasing market. We are offing a multi-million dollar corporation, with huge returns for potential investors all based off of obtaining less than 1% of our U.S. market. We will also go global from day one, as our product will be adopted worldwide. Everywhere you turn you see more and more motorcycles on the road. From crouch rockets, to mopeds, to custom built Harley’s, the fact is that motorcycles have increased drastically over the last 10 year period. There are many reasons for the increase, one of which is; economic concerns due to higher gas prices.
Likewise with the increase in riders there has also been an increase in motorcyclist fatality rates. According to the National Highway Safety Commission and the Department of Transportation, the motorcycle fatality rate has increased by over 127% since 2006. The second most common factor for all motorcycle related fatalities is the inability of other drivers on the road not having a clear visibility of the motorcyclist. In United States market alone there are over 6.7 million registered riders, with over 45,000 pubic sector motorcycles in use. (DOT) These facts alone only represent the United States, however this is a truly global product where there will be no limits to the success of the company as we reach for Asia, Europe, and South America.
Volare Gear Inc. has developed a state-of-the-art, motorcycle safety vest that allows 360 degrees complete visibility of the rider when in use. Volare Gear’s fully patented vest allows “A WAY TO BE SEEN,” (corporate tagline) for all motorists on the road. The vest itself has a wide range of capabilities that allows the motorcyclist to signal when making turns, stops, or using its hazards. The vest has been through R&D for over 6 years and is now ready for production. We have abilities for second passengers, cell phones, MP3 Player, and 2-way radio adapters etc. We are currently pursuing three main target markets. They include, Military bases, Police Officers, Leisure Riders, and various Government Agencies. Our intentions are to make our product a requirement for all riders to ensure their safety.
Financially our figures are gathered off of obtaining less the 1% of our total U.S. market within five years. We did a marketing analysis of 100 motorcyclist and 87 of them would purchase the product that is an extremely good percentage once again our figures do not calculate the 100 million + riders around the world. However, we will assure a breakeven point within 60 days, and a profit within 90 days with the website open for business, Volare Gear Inc. has the capability to be completely self sufficient within a 3 month period. Our initial funding request will be approximately 240,000.00 US Dollars. This will suffice to erect the company and initialize production. Volare Gear Inc. is a completely flat organizational structure, with room to grow, likewise; this product will generate a substantial number of jobs within this country alone. For instance, Volare Gear is projected to be worth over 23,000,000.00 in 5 years. Not only will jobs be generated internally, but also all the way down our supply chain, retail, transportation, logistics, legal, and R&D. Volare Gear will be a contributor to assist in stimulating the economy. I will offer a 20% return on debt generated within our 90 day dead line. After the 3 month period, you will once again be in position to join our team with 20% of the company.
Mr. Cuban this is technology driven company we want to set the standard with the best materials, quality control and design for safety. I strongly believe with your investment and your input in our vision will help us become a Reality
Dan Dorsett/ Vice President