Investor required for patented product registered in 4 international countries including South Africa.

Investor required for patented product registered in 4 international countries including South Africa.

Introduction:

• The developer of this unique product spent over 3 years and well over R3 million to develop this product and thereafter registered patents in SA and other economically strong economies to ensure that duplication doesn’t take place in these countries.
• The product has been developed and is now ready to go to the next level, i.e. that the moulds have been developed and a manufacturing premises must now be sourced and production can start.
• The product is in the electrical industry sphere and has been developed to ease the trouble of having to buy different globes for different lights i.e. bajonet / screw in and downlights- this product addresses this problem and besides making the insertion of different globes not necessary anymore it also addresses the safety aspect i.e. the users of this product cannot be shocked.
• This product will revolutionize the usage of lights as we know it and will internationally be in demand immediately and hence the reason for patent registration in various countries.
• The developer has done thorough research with local suppliers of lights and has confirmed that they will immediately place orders once in production.

Finances:

• Full business plans and projections are available indicating an upward trend of R10 million plus NP per annum, only taking the local SA market in mind.

Selling price:

• The selling price can be negotiated depending on the structure of the deal i.e. amount of shares/outright purchase etc.