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Double Taper The Ultimate Masking Machine
ProTekt Tools Corp Double Taper The Ultimate Masking Machine
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Who we are ProTekt Tools Corp: Founded April 2017
Nevada based C-Corp with offices in CA Double Taper Pro (Utility Patent Granted) Founder and CEO – Shad Gibson Operations – Tim Carruthers Advisers – Nikos Glimidakis, Herb Suvaco Engineering/ Manufacturing – Michael Bluff/ AEMT
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What we sell and why its better
Best masking solution in the market Automatically creates double sided tape for many purposes and industries Optimizes prep for any masking job Supports any tape of any size (3 inch core) Supports any masking material Double Taper benefits Time savings over 50% per job Pays for itself in less than a day of work Easy to use, and built to last - just tape and mask! Quickly masks corners, creates a superior seal
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Who we Sell To Big Box Retail (Consumer/Commercial)
Home Depot Lowe’s Menards Walmart Independent Retailers & Distributors Ace Hardware (Retail) True Value (Retail) Orgill (Distributor) Lancaster (Distributor) Paint Suppliers Sherwin-Williams Kelly Moore Contractors, Special Industries CertaPro Painters and many more…. Asbestos Abatement, HAZMAT
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North America - Market Size
US Home Improvement Market* $176B/year Construction related Painting (commercial/home) $99.2B/year Miscellaneous/Asbestos & Contamination remediation $24.8B/year 3 year goal is $10M per year in annual revenues (e.g % of $300B Market = $60M annual sales) ProTekt Tools Inc. addressable market categories NAICS Tape dispensers manufacturing SIC Code 5198 Paint, Varnishes, and Supplies NAICS Paint, Varnish, and Supplies Merchant Wholesalers * IBISWorld
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Competition Double Taper Pro 3M Hand Masker 3000
Manufactured for immediate use – right out of the box! Commercial grade construction (durable) Must buy Hand Masker 3000, cutter, tape rolls and other specialty materials to operate for a job Use any tape that suits your job requirements and budget Use any masking material to suit the job (polymers, paper, etc.) Limited to pre-packaged tape and masking rolls Expensive and specialized 3M means higher cost materials 2 steps and you are done – Tape top and sides Apply Masking 4 steps to complete masking Tape top (specialized 3M rolls) Unroll masking Tack masking(sides) Tape masking (sides) with separate tape roll Video of Double Taper Video of 3M Hand Masker 3000
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Pricing Double Taper Pro Cost per unit:
Manufacturing and Packaging Cost: $10-14 per unit (includes packaging and shipping, volume = lower cost) Revenue by Customer: Big Box Retail Hardware Store Chains = $30 per units Independent Distributors = $30 per units Pro & Specialized Users (Contractors) = $60 per 10+ units (additional cost of X per unit for 3PL service provider) North America Retail Price: $79.00 – Double Taper Pro
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Addressable Market
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Investment Opportunity
$1Mil Seed Round Pre-Money $4M 20% of ProTekt Tools Corp. Equity with ability to follow-on invest Seat on board of directors Nevada C-Corp Patent Assigned to ProTekt Tools Corp
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Milestones COMPLETED U.S. Utility Patent Granted
Built and job tested several prototypes Validated concept and product value by demonstrating as an exhibitor at the National Hardware Show in Las Vegas Established contacts with many interested corporate buyers, product managers and distributers who are now waiting for production samples Received several manufacturing quotes from China, Wisconsin USA, Reno NV USA, Mexico. Visited manufacturing facilities in Wisconsin and Nevada TO DO Injection molds (75 days from funding) 100 prototypes delivered from manufacturing source (130 days from funding) 1000 prototypes delivered from manufacturing source(180 days from funding) Ship/ sell samples to waiting companies, demonstrate production models at more trade shows and job sites, expand marketing and sales (Month 6-8) Fulfill Purchase Orders from Paint Suppliers, Hardware, Big Box Retailers (Q2/Q ) Complete 5 year financial model in Q2 2018 Keep Improving And Developing New Products
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Intellectual Property
US Utility Patent # 9,150,377 granted October 2015 Brief description: Double Taper joins two adhesive sides of any type tape with an offset. One sticky side to the surface to be protected; and one sticky side facing outward, ready to receive most any masking material.
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Contact Shadrach Gibson Founder & CEO Double R Boulevard Reno, NV 89521
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REFERENCE Consumer Trends/DIY
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REFERENCE CAGR Coatings Growth Volume & Value
Global
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CAGR in Coatings by region
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12 Month Budget Estimate
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