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Description:
We need $50K to $60K funding from 1 to 5 partners for a recently improved patented new Type of Non-friction CVT that will outperform any transmission now on the market, including Automatic and Manual Transmissions. Our CVT will increase the fuel efficiency and acceleration of cars using our CVT, and those factors are important decision-makers when people buy cars. Cars not equipped with our CVT cannot compete with cars equipped with our CVT.
Because of its superior performance over any other transmission, our CVT has the potential to replace Automatic and Manual Transmissions as the transmission of choice in automobiles. With millions of cars produced each year, this could mean trillions of dollars in annual profits (The best case profit estimation is: ($5000 - $2000) * 60,000,000 cars/year = $1800 billion/year)
Our CVT can be as cheap as $1440 and can be sold for more than $5000. We believe 30% increase in fuel efficiency is worth $5000, not to mention the improvements in acceleration. Hybrids are much more expensive than regular cars, yet their increase in fuel efficiency alone justifies their cost.
We would say there is an 80% percent chance that the invention will be somewhat successful, at least successful enough as to return capital. Certainly the odds here are much better than buying a lottery ticket. While it is not a 100% safe investment, no safe investment has the potential to provide a: $1800 billion/$200,000 = 9,000,000 : 1 profit margin.
We plan to raise between $ 100,000 to $ 200,000 from 1 to 5 business partners, where the minimum capital contribution of a partner is $30,000.
With the funding we will start a company. All my patents become property of the company and all profits of the company will be shared based on the capital contribution of a partner, where I value my work and patents between $30,000 to $50,000
The capital raised will be used to make and test a prototype, and marketing. If the test data are good and significant improvements are guaranteed, it is in the car manufacturers best interest to use our CVT (better performance, better fuel efficiency, lower cost).
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