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Re: humnow24 post# 41216

Friday, 08/12/2016 6:48:09 PM

Friday, August 12, 2016 6:48:09 PM

Post# of 47873
If I am reading what he said in the CC correctly, it seems like he has a plan to introduce a new water Flyboard next year and also sell many more units than previously into the US. This may be a hint of how he expects to achieve higher profits, I am guessing, from this part of the CC, and would seem to imply a larger profit than in the past few years by a factor of 3 or 4. That will not get to 26 million but based on numbers elsewhere in the CC perhaps 6 or 8 million? Just trying to figure some things out about possible earnings, and I may be completely wrong. Also in another part of the call Liscouski said they see a lot of applications for the water Flyboard that have not been explored so he may be hoping to get some sales in those new areas using either the existing product or the new water Flyboard product. This is the part of the call where Zapata mentions plans for next year:

Franky Zapata - Zapata Industries - CEO

The vision of the company? So today, we want to expand our market. So as I explained before, we have new product coming. We realized during the last full year that it is very, very important for our water business to create a new product every year because we have some [time] and people, every time you create something, they want to buy it so that increase the volume of sales.

It's very important for us to create new products. So this year, we focus our attention on the [half] project and that we realized that we have to create new product every year. So and to be able to [grab] that also the reason why we look at projection with the Implant Sciences to increase our potential, regarding the R&D money that we need for the R&D. And in this time, we hired more people to research and development so we will put this two new water products on the market.

Also, the transaction with Implant Sciences will give us the ability to go through the American -- North American business that is for sure to be only the market three times bigger than the -- our one market that for us was very, very hard to reach it.

So I really believe that just the U.S. market could be even developed than the market that we have today if we compare with the, for example, the Jet Ski sales. If you compare the Jet Ski sales, today in France, we are able to reach about 30% of the Jet Ski market. So if, like, we sell in France about 1,200 Jet Ski, and we are able to sell between 300 and 400 machines in France.

And if you compare to the Jet Ski market in the U.S., that it's almost 65,000 [units]. You can easily imagine it could do a good job like we can do in France because we are very [impressed] and on the machine, we can prove themselves. So that's the two main direction that we look for sure for next year.

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