Greetings to all:
I apologize for the delay, to say the least 4 weeks have been anything but interesting would be an understatement.
The owners of the GB 12 have elected to liquidate their investment. It was a very tired test platform and required allot of money to be spent on upgrades and it still would not have solved the design flaw issues identified in years of testing, welding , chopping and otherwise altering to accommodate specific needs of test projects. It worked great for an interim demo platform, but its short comings were becoming more and more apparent as time went on.
We will continue to market the GB12, but will put our efforts and resources into getting a new demo craft around 10-11 meters. This is more consistent with the market requests and desired performance and operational costs. We are working with a couple parties for a construction lease back arraignment that would be very beneficial to Radix Marine.
The GB11 is allot lighter, faster and moves on less power, less fuel and cheaper to build. It will be allot more competitive than the GB 12 in initial acquisition costs and significantly less to operate for the end user.
We have upgraded the website and have acquired our original domain name back that was hijacked several years ago. If you log on to www.radixmarine.com or www.radix-marine.com you will arrive to the web site either way.
As you can see from the counter, we are getting significant traffic world wide and they are spending a significant amount of time looking through our products. The power of our new website and tracking abilities is quite amazing compared to the old.
I met with a teaming partner this last week on some exciting security products that have been developed for land use and they are looking to get a marine version developed and we anticipate working with them on that. We hope to jointly market our products overseas.
The next 8 weeks for me are quite busy with all going on. Please check back to the website for updates as we work to move the company forward.
Sincerely,
Brad Goodspeed
