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TETO Skate Co. 113 Stetson Road Newport ME 04953
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Tom Smith |
ph:
alt ph:
email:
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207 7356668
2073684575
tomsa34@softhome.net
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Industry:
Other
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Stage:
Product Development
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How did you hear about TCA?
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I heard about TCA in the LA Times
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Product or Service:
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My product is an aggressive inline rollerblade. The market for such
rollerblades is very lucrative as it is new. The rollerblade will
address many issues that consumers complain about, ie. Foot pain, sole
width, customization, cuff flexibilit etc. etc. All common problems in
current aggressive rollerblades, that no company has yet addressed
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Business Model:
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Once there are prototypes of the skate made, I can go about getting an
aggressive inline team of pro rollerbladers. Once there is a team of
well known pro rollerbladers, then there will be alot of "hype created"
The team will travel, skating at contests and the sort. Ads will also
be taken out in very popular inline magazines such as Daily Bread, also
in the "inline world" news travels very quickly Via word-of-mouth.
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Current Status:
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All members are full time. We are at the design stage. There is a
nominal ammount of "hype" about TETO Skate in the inline world as of
right now. People have been spreading the word. Drawings have been
made, but until funding is acquired a prototype inline shell cannot be
made.
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Management, Board of Directors
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Total Employees: |
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Tom Smith |
Co.Owner |
Inline rollerblader, many good friends inside of the "industry" of inline |
Sam Baker |
Co.Owner |
Inline rollerblader, many good friends inside of the "industry" of inline |
Pro skater |
N/A |
Will have had sponsorships by other inline companies in the past, people will know his/her name. |
Pro Skater |
N/A |
Will have had sponsorships by other inline companies in the past, people will know his/her name. |
Pro Skater |
N/A |
Will have had sponsorships by other inline companies in the past, people will know his/her name. |
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Key Relationships:
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Most will be done by Sam, Tom and the Pros. Web design is being done by
a friend Brian Lincon, and no fee is being asked. A supplier has not
yet been determined because of lack of funding. Most of these things
cannot be answer until a prototype is made, as that is how the inline
industry is.
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Revenues |
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COGS |
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RD |
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MS |
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GA |
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PBT |
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CashFlow |
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Capital |
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Capitalization / Ownership ($ 000's)
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Prior Investors |
0 |
0.00 |
Founders |
100 |
100.00 |
Employees |
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0.00 |
Employee Options |
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0.00 |
Other |
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0.00 |
TOTALS |
100 |
100.00 |
Founders |
10,000 |
Sought |
20,000,000 |
Future Needs |
0 |
Prior Investors |
0 |
Committed |
0 |
Likely Exit |
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Last Valuation |
0 |
PreMoney |
0 |
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Use of Funds:
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Funds will go towards creating and testing a protoype, hiring
professional inline rollerbladers, manufacturing, distrobution, ad
campaigns, tour of the USA for the team to creat publicity. Creating a
shell mold for an inline boot is about 250k per foot, per size range.
One shell’s size range will include 2 sizes starting at size 6 going to
13. The total for shell casts will be in the range of 4M. All other
funds will be used for above mentioned costs.
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Marketing Channels:
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Competitive Advantage:
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TETO Skate has ideas that no other company has had before. They
include; foam heel retention system, honeycombed foot bed for added
strength, soft open boot, hard shell to add over soft boot, adjustable
cuff that requires no irreversible modifications like some other
companies. This will equal a supperior rollerblade to all of those on
the markey currently and the in the future. Once the "pro team" is
assembled, there will be even more of an advantage because kids will
see how they rollerblade and want to bejust like them. Our primary
market would be people from 13-24
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Patents:
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Razors Skate |
Hard AND soft boot in one rollerblade |
There history in the sport, and loyal following |
Remz Skate |
Functionallity |
Very popular |
Xsjado Skate |
Additions upon there ideas |
Very innovative, popular pros |
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