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GPKE~~~~ Fishox Systems, Inc., is a wholly owned

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m1999 Member Level  Tuesday, 01/04/11 07:07:17 PM
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GPKE~~~~ Fishox Systems, Inc., is a wholly owned subsidiary of Oxy aGen, Inc., and is in the business of manufacturing a one liter per minute oxygen concentrator for the recreational fishing and commercial live seafood markets.

The company purchases 2,000 units per year for the US market at the price of $160 delivered and they sell wholesale for $360 and retail for $600. The company intends to split the sales evenly between the two markets.

Foundation is funding the development of custom molds for the cases and the shipment of the first 1,000 units to the second largest distributor of boat accessories in the US.

They also have established markets in Mexico and the Caribbean. Fishox has tested equipment with PAC Seafood of Las Vegas and Bar Harbor Seafood of Orlando to reduce mortality rates of lobsters that has proven successful;

Fishox reduced their death losses by 23%. This is an emerging market in which the company has a firm foothold.

http://gpke.com/company.htm


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http://investorshub.advfn.com/boards/board.aspx?board_id=19627
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