Mark Cuban Stimulus Plan Volare gear Inc

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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
Thank You,

Mario Maese/President
Dan Dorsett/ Vice President

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Mark Cuban Stimulus Plan Volare gear Inc

  1. 1. “ A WAY TO BE SEEN” Copyright 2009: Dan Dorsett
  2. 2. <ul><li>VOLARE GEAR Inc, </li></ul><ul><li>4609 Esparza Ln. </li></ul><ul><li>El Paso, TX 79934 </li></ul><ul><li>President/Founder: Mario Maese </li></ul><ul><li>[email_address] </li></ul><ul><li>(915) 727-3443 </li></ul><ul><li>Vice President: Dan Dorsett </li></ul><ul><li>[email_address] </li></ul><ul><li>(915) 740-0970 </li></ul>
  3. 3. STATISTICS <ul><li>Fatalities among motorcycle riders have increased by more than 127% since 1997. (NHTSA, 2007) </li></ul><ul><li>Per vehicle miles traveled, motorcyclists are about 21 times as likely as passenger car occupants to die in a traffic crash and four times as likely to be injured. (NHTSA, 2001) </li></ul><ul><li>Motorcycle deaths now represent fully 10.5 percent of all annual motor vehicle fatalities . </li></ul>
  4. 4. Executive Summary <ul><li>“ Volare Gear has the potential to decrease the motorcycle accident and mortality rates drastically over the next few years.” </li></ul><ul><li>Volare Gear is on the cutting edge of a revolutionary transition in motorcycle safety. Our goal is to visually increase motorcycle awareness through innovation, technology, and fashion. </li></ul><ul><li>With motorcycle riders and sales reaching an all time high, Volare Gear prides itself as being in the forefront of a largely increasing industry. Our motorcycle safety vest is fully patented, licensed, and ready to use. </li></ul><ul><li>Volare Gear will seek endorsements from Public and Governmental agencies throughout the United States and anticipate a more global support structure. </li></ul><ul><li>Capitalization through safety and innovation will predominately position us as an industry leader in motorcycle safety for years to come. </li></ul><ul><li>Volare Gear is seeking venture capitalist and start-up investors, to provide a security blanket for implementation and mass production processes that are currently underway. </li></ul>
  5. 5. Product Description “Protect, Reflect, & Illuminate” <ul><li>Volare Gear has developed a state-of-the art motorcycle safety vest that is connected electronically to the main wire-harness in the motorcycle. </li></ul><ul><li>The vest has incorporated the standard safety functions of the motorcycle, such as; to stop, to make turns left or right, and to illuminate the rider so that he or she can be seen with ease from other motorist on the road. </li></ul>
  6. 6. Mission Statement <ul><li>Volare Gear will offer “a way to be seen” for all customers to protect, reflect, and illuminate. </li></ul><ul><li>We actively promote our products to enable a feeling of safety and security for all drivers on the road. </li></ul><ul><li>Our goal is to visually increase motorcycle awareness through innovation and technology. </li></ul><ul><li>We will strive to produce our products with the highest quality of compatibility, comfort, and design. We will adapt to all of our customers needs. </li></ul>
  7. 7. Vision Statement <ul><li>Volare Gear will conform to the safety, quality, durability, and protection of our consumers’ expectations. </li></ul><ul><li>Our keys to success include gaining recognition and support through endorsements and consumer awareness. </li></ul><ul><li>Our emphasis is to promote motorcycle safety and awareness not only for the rider but also to provide a sense of security for the people that are most important to the rider such as friends, family, and other loved ones. </li></ul><ul><li>Through innovation and creativity we will position ourselves as a pioneer in the transportation safety industry. </li></ul>
  8. 8. Corporate Values <ul><li>Volare Gear will actively and continuously provide integrity and ethical business practices with regards to all stakeholders involved within or around the organization. </li></ul><ul><li>We are committed to all of our customers and employees alike, and will work as a team to provide the trust needed to be a strong competitor within the industry. </li></ul><ul><li>We will enforce honesty and openness to all stakeholders involved and will remain focused on social responsibility and corporate citizenship with regards to the community and all drivers on the road. </li></ul><ul><li>Volare Gear is entrepreneurial in its endeavors through innovation and creativity as being a one of a kind product introduced to this market. </li></ul><ul><li>We are driven to succeed through adaptability and innovation. </li></ul><ul><li>We strongly encourage environmental safety and protection as our products will be energy efficient and non-toxic. </li></ul>
  9. 9. Contributions <ul><li>STRENGTH: </li></ul><ul><li>- One of a kind revolutionary design concept to promote motorcycle safety. </li></ul><ul><li>- Fully functional Patented and Licensed product </li></ul><ul><li>- Additions and enhancements for future growth opportunities. </li></ul><ul><li>- Durable and adaptable product design </li></ul><ul><li>- Safe and easy to function parts and accessories </li></ul><ul><li>- Low cost of goods and development overhead </li></ul><ul><li>- Adaptability to end user </li></ul><ul><li>PRODUCTIVITY: </li></ul><ul><li>-Trickle Down Job Creation: </li></ul><ul><li>Manufacturing, Logistics, Supply Chain, R&D, Sales, Administration, Distribution, </li></ul><ul><li>Legal </li></ul>
  10. 10. Contributions <ul><li>OPPORTUNITY: </li></ul><ul><li>-To reduce the number of motorcycle accidents and mortality rates. </li></ul><ul><li>- Large ROI (Return on Investment) potential </li></ul><ul><li>- Focused target markets </li></ul><ul><li>- Large consumer appeal </li></ul><ul><li>- Global market place </li></ul><ul><li>- Investment opportunities and joint venture outlooks. </li></ul><ul><li>Positive Reinforcement: </li></ul><ul><li>- Break even in 60 days </li></ul><ul><li>- Profit in 90 days </li></ul><ul><li>-20% Equity Return Secured </li></ul><ul><li>- Instantly Global transformation </li></ul><ul><li>- Stimulation of economies </li></ul><ul><li>- Safety, Security, & Style </li></ul>
  11. 11. Industry Analysis <ul><li>As with any new product emergence, one of the most critical forces involves gaining consumer awareness and appeal. </li></ul><ul><li>Volare Gear’s goal to establish consumer interest even prior to the product being released for public use. </li></ul><ul><li>Our product will revolutionize the industry by incorporating safety and style in a way that will help provide security and confidence to our riders and their loved ones alike. </li></ul><ul><li>Volare Gear will provide a large compatibility of styles and sizes to accommodate the needs and interest of our customers. </li></ul>
  12. 13. MARKET ANALYSIS <ul><li>Motorcycle Industry- Has continued growth patterns over the last decade. </li></ul><ul><li>Gaining the support and recognition from Federal, State and Local law enforcement agencies to endorse our products and promote consumer awareness. </li></ul><ul><li>Our goal is to become a global Icon for motorcycle safety in the Motorcycle Enthusiast Industry within the next five years </li></ul><ul><li>We will seek strong investment and joint venture opportunities to help gain market advantages. </li></ul><ul><li>e-Commerce, World Wide Web </li></ul><ul><li>Targeting Retailers </li></ul><ul><li>Trade Shows </li></ul><ul><li>Biker Rallies </li></ul><ul><li>Motorcycle Training Academies </li></ul><ul><li>All Public Sector Divisions (Military, Police, Customs etc…) </li></ul><ul><li>Plain View, Word-Of-Mouth </li></ul><ul><li>Develop strategic alliances with manufacturers of Motorcycle equipment </li></ul><ul><li>Infomercials </li></ul>
  13. 14. COMPETITION <ul><li>Homemade LED Kits for DIY, with blinking patterns </li></ul><ul><li>Willie Bogners, Olympic Lighted Ski Suits </li></ul><ul><li>Solar powered lighted bicycle vest Europe </li></ul><ul><li>Lighted Jacket- with blinkers, but displays no stops or hazard signaling </li></ul>
  14. 15. IMPLEMENTING STRATEGIES <ul><li>Visually increase motorcycle awareness through innovation and technology. </li></ul><ul><li>Volare Gear will seek endorsements from Public and Governmental agencies throughout the United States and anticipate a more global support structure in the near future. </li></ul><ul><li>We will boost consumer awareness by targeting local police and city agencies to promote our product. </li></ul><ul><li>We will also focus on distributing Volare Gear motorcycle safety vest to local stores and distributors of motorcycles and products. </li></ul>
  15. 16. IMPLEMENTING STRATEGIES <ul><li>“ Volare Gear will take drastic measures to incorporate building strong customer awareness, investment relationships, and implementing the initial product launch of the Motorcycle Safety Vest.” </li></ul>
  16. 17. STRATEGIC DESIGN CONCEPTS
  17. 18. Volare Gear EXPENSES Description Amount YTD Contacts R and D ID Group Inc. Prototyping $ 15,000.00 Administrative Costs $ 60,000.00 Lawyer Trademark, Consultation $ 2,000.00 Trademark $ 500.00 Incorporated Volare Gear $ 350.00 Transportation $ 20,000.00 Logistics $ 15,000.00 Reserve Energy Pack $ 7,000.00 R & D Total $ 119,850.00 Vest Materials approx 5000 UM Unit Price Quantity Description Total Suppliers Velcro $ 66.30 0 4&quot; 75-50 yards rolls (15%@1500) $ - http://www.jfreeman.com/velcro.html Cordura 220yrdrll $ 2,366.00 10 navy blue 500 vests $ 23,660.00 http://www.ahh.biz/fabric_catagories/heavy_fabrics.htm Clear Plastic G20 20 Gauge $ 2.30 $ 2,856.00 714yrds*2.30 $ 6,568.80 http://www.novatexintl.com Moonlight Reflective $ 25.00 500 125yards /25 $ 12,500.00 http://www.novatexintl.com AFRO Perforated AF 929P $ 6.95 1000 250yrds / 6.95 $ 6,950.00 http://www.novatexintl.com Pack Cloth (100% Nylon Coated DWR) $ 3.00 1000 250yards / 3.00 $ 3,000.00 http://www.brookwoodcos.com LED Lighting $ 2.30 12000 45000ft/ 2.30 6ft/vst $ 27,600.00 http://www.neo-neon.com Wiring $ 1.50 2000 5000 / $ 3,000.00 International Wire Connector $ 1.50 2000 5000 MF * 1.50 $ 3,000.00 NA Total Vest Materials $ 86,278.80 Total Cost/Vest $ 43.14 Selling Price $ 200.00 Projected Total Sales $ 400,000.00 TOTAL FIXED and VARIABLE COST $ 206,128.80 Projected Income $ 193,871.20 Break Even Point Fixed Cost/(Unit Selling Price-Variable Cost) $ 1,314.09 Unit Contribution Margin Sell Price-Variable Cost 156.86
  18. 19. 4 Month Cash Flow Part 1 4 MONTH CASH FLOW 2000 Vests WITH INITIAL DEBT PAYOFF 1. CASH ON HAND Current Month Month #2 Month #3 Month #4 Beginning of month $ 207,000.00 $ 73,491.20 $ 147,156.20 $ 308,625.20 Plus         a. Cash Sales $ - $ 99,995.00 $ 199,999.00 $ 99,995.00 b. Collections from accounts receivable         c. Other cash income         2. TOTAL CASH AVAILABLE $ 207,000.00 $ 173,486.20 $ 347,155.20 $ 408,620.20 3. TOTAL CASH PAID OUT         a. Purchased Inventory $ 86,278.80       b. Gross wages (excludes withdrawals) $ 4,000.00 $ 4,000.00 $ 4,000.00 $ 4,000.00 c. Officer’s salaries $ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 d. Payroll expenses (taxes, etc.) $ 2,200.00 $ - $ 2,200.00 $ - e. Outside services $ 10,000.00 $ - $ 10,000.00 $ - f. Supplies (office/operation) $ 400.00 $ 200.00 $ 200.00 $ 200.00 g. Repairs & maintenance         h. Advertising $ 5,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 i. Car, delivery, travel $ 6,250.00 $ 2,000.00 $ 2,000.00 $ 2,000.00 j. Account & legal $ 2,000.00 $ - $ - $ -
  19. 20. 4 Month Cash Flow Part 2 k. Rent $ 1,200.00 $ 1,200.00 $ 1,200.00 $ 1,200.00 l. Telephone $ 300.00 $ 300.00 $ 300.00 $ 300.00 m. Utilities $ 500.00 $ 500.00 $ 500.00 $ 500.00 n. Insurance $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 o. Taxes $ 1,000.00 $ 2,750.00 $ 2,750.00 $ 2,750.00 p. Interest expense $ 1,380.00 $ 1,380.00 $ 1,380.00 $ 1,380.00 q. Owner’s withdrawal $ -       r. Loan principal payment $ 2,000.00 $ 2,000.00 $ 2,000.00 $ 2,000.00 s. Miscellaneous (unspecified)         t. Other expenses (specify)         u. Other expenses (specify)         4. TOTAL CASH PAID OUT $ 133,508.80 $ 26,330.00 $ 38,530.00 $ 26,330.00   5. CASH SURPLUS (deficit) $ 73,491.20 $ 147,156.20 $ 308,625.20 $ 382,290.20 6. BORROWINGS $ 65,000.00 $ - $ - $ -
  20. 21. Volare Gear 1 Year VOLARE GEAR Inc. PROJECTION 1st YEAR CONSTANT PRICING DESCRIPTION 2009 NUMBER OF UNITS SOLD 2000 PRICE $ 150.00 SALES $ 300,000.00 FIXED COSTS $ 119,850.00 VARIABLE COST $ 86,278.80 EBIT $ 93,871.20 PROJECTED PRICING INCREASE DESCRIPTION 2009 NUMBER OF UNITS SOLD 2000 PRICE $ 199.99 SALES $ 399,980.00 FIXED COSTS $ 119,850.00 VARIABLE COST $ 86,278.80 EBIT $ 193,851.20
  21. 22. BASIC MODEL MATERIAL COST Volare Materials Police Beta-Prototype Design Input Description Color U/M Price/Unit Quantity/Vest Amount Clear Plastic G20 20 Gauge Trans Yard $2.30 0.13 $0.29 Moonlight Reflective Reflective Yard $25.00 0.25 $6.25 AFRO Perforated AF 929P Black Yard $6.95 0.50 $3.48 Pack Cloth (100% Nylon Coated DWR) Navy Blue Yard $3.00 0.50 $1.50 $11.51 Description Color U/M Price/Unit Quantity/Vest Amount LED Strip (6 strips @ 1.5') Red Foot $2.30 9.00 $20.70
  22. 23. PROJECTED SALES
  23. 24. OBTAINING 1% MARKET SHARE 5 YEAR PROJECTION
  24. 25. 5 YEAR MINIMUM MARKET PENETRATION
  25. 26. VOLARE GEAR INC. <ul><li>THANK YOU FOR YOUR CONSIDERATION </li></ul><ul><li>PLEASE REFER TO THE ENCLOSED BUSINESS PLAN FOR FULL DETAILS AND INFORMATION ON FINANCIALS </li></ul>

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