It has taken over 10 years to complete the designs and last year we started producing our first 10 prototypes. In the fall of 2006, we will be the first company in history to introduce a brand new Bus Conversion Motor Home using a remanufactured passenger coach chassis. Built to be new again and updated to the latest state of the art construction.
We will be introducing three models, each of these three models will have many options available. Our models will start at $175,000, $275,000 and $375,000. These coaches will be titled as newly remanufactured, so the coaches will have a new 2008 title.
A national chain of RV centers has expressed interest in representing our products. Again this will be the first time that a production facility would go into full production building Bus Conversion Motor Homes. Most dealers are franchises of other manufacturers, i.e. Winnebago only carries Winnebago and subsidiaries products. This chain of dealers has expressed interest in setting up new RV lots near their present day RV lots. This way they can offer their franchise models along with offering Bus Conversion Motor Homes with the same price near those locations.
Our design process was to attract a customer who is about to acquire a $200,000 to $400,000 manufactured motor home.
We also have an endorsement by two celebrity personalities that would endorse our product at such time we go public. There is also the availability of a sponsorship from a National home improvement store.
During our first quarter production, we will be mass building units for the public. Some of our investors have enjoyed the rewards of several different opportunities.
the financial responsibilities of acquiring our fleet chassis.
2. After the bus is sold we start building the conversion. We would need financial involvement in the materials and labor being approximately 75% of the value of that model. Our return is usually double average investor returns.
3. Bridge financing, this is where we have made a sale and the customer has been approved by his finance company however this is only funded at the time of delivery. This investment would be to finance the draws on construction until time of delivery by the second finance company.
These are mere suggestions of the current investor programs we have.
Of course our first orders coming in from this dealer network will be approximately 40 units with another 40 following. These types of sales are handled by our standard floor plan program we have with our bank. It is the one off and the custom coaches that are not built in a volume that we would be interested in discussing an investor relation.
Of course we cannot divulge our current status and rates in this text. However if you have interest and would like to discuss this personally, one of our counselors would be happy to discuss it with you and of course, we do not solicit. For more information please call 610-767-8000 and ask for the investor relations department.
All of our models are
constructed on a newly reconditioned chassis with all new power train
and suspension components.
MCI 9 Upgraded
Call our ...