The document proposes a concept for a wearable fitness tracking device called SmartFit. It provides an overview of the wearable technology market and competitive landscape. The proposal includes financial projections estimating $23.9 million in revenue and $21.6 million in EBITDA by 2018. It also outlines plans for product design and development, marketing and operations over a 12 month period and requests $350,000 in funding for a 20% equity stake in the company.