Financial Potential Sample Clauses

Financial Potential. The above financialanalysis represents only the sales and profits generated by the production of the Kuleana line of SUPs. Annual sales projections Year Net sales 2016 120,000 2017 130,000 2018 260,000 $100,000.00 as an investment As notable accomplishments we have been featured in Windsurf Magazine and Long Board Windsurfing Journal. We are currently in negotiations with a TV production company to build two boats for an adventure film. Current Position and Business Objectives· We have finished the prototype process developing a usable product with broad appeal. We have tested the market and determine that now is the time to begin putting these products into production. Our key objectives are as follows; • Attain needed funding to carry us through 2016. • Purchase needed supplies for production in October 2015. • Hire and train at least on more staff member by January 2016 • First boats to market no later than December 2015. • Develop website and social media links no later than November 2015. • Begin an aggressive marketing campaign to promote the new boats no later than December 2015. Ownership· The company is owned and operated by Xxxx Xxxxxx as a S corp. PRODUCTS AND SERVICES Our KULEANA line of adventure water craft is unique to the water sports industry. All of our products are built with water tight storage compartments providing a place for the adventurer to keep his or her gear. Built with lnngera,a very strong material our products are more durable than the common stand up paddle board on the market today. The Kuleana-Expedition Windsurfer• Is the only water sports product of Its kind. It is 15'.6" long and 26" wide. It has 4 water tight compartments for storage and features a unique retractable tailfin. It can be used as a sit·on-top kayak,a stand·up-paddle board or as a windsurfer. We intend to develop various styles ofthe concept such as tandem,race and fishing and recreational. • Mast tracks- Xxxx Xxxxx Windsurfing, Miami Fl., Two year supply • Dagger Boards/fins - PhWs Foils,Canada, Continuous supply • Various hardware- Xxx-Xxxx.xxx Continuous supply • Fiberglass supplies- Fiberglass Coatings,ST. Xxxx Fl. Continuous supply Our production equipment and inventory needs are as follows; • Miscellaneous hand tools- $5000.00 • 2 Vacuum pumps- $1500.00 • Compressor- $1500.00 • Epoxy resin dispenser- $1000.00 • Exhaust/ventilation system- $2000.00 • Shelving and storage- $1000.00 • Office equipment- $2000.00 Projected inventory needs: • 500 yards of...
Sample 1
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Financial Potential. Xxxxxxx Xxxxx expects to generate approximately $6 million in revenues in 2001, based on the assumption of additional offices and additional client revenues. After the first year of expansion, revenues are expected to continue to increase in Xxxxxxx Xxxxx'x new markets.
Sample 1
Financial Potential. Based on research and the projections of SNBC, Adventure Foods projects $835,000 sales in year one. This represents a modest rollout of less than one case per store. In year two sales are projected to be $2,540,000 and $4,540,000 in year three. Because the marketing and distribution costs are assumed by our marketing partner, SNBC, the expenses are primarily related to production, overhead, and administration. Profits in the first year are estimated at $59,000. Future year’s indicate a dramatic increase in profitability, but the owners suggest that this will be reduced somewhat as investments are made in manufacturing. The expected return on investment after year one is likely to be in the 20% to 30% range, a rate similar to the experience of the SNBC in their third and successive years. The owners are confident in the probability of achieving these profit targets as the economy of manufacturing is well understood. SNBC has demonstrated success in product placement in this very market. The risk of not achieving these objectives lies in the probabilities associated with market opportunities derived from the impact of peanut allergies. However all the research found indicates this is a very real and serious situation and that the demand for non peanut snack and nutrition substitutes is high and will only grow. Even without the association with the energy bar market, the health and specialty market segment could easily carry this venture. The Energy Bar market is over 1.2 billion. Statistics show that 2.5% of Americans have peanut allergies. The targeted market segment can reasonably be estimated at $25 million. The associated segment from health food and general energy bar market would multiply that several times.
Sample 1
Financial Potential. After spending approximately nine months developing the PalmPal system, including market research, programming, and testing, initial reviews of the product have been encouraging. Two of the largest dealers in the Cincinnati area, along with two regional chains, have tested the programs with positive results. All four companies plan on purchasing the PalmPal system for continued use in their operations. Palmtop Innovations believes it will sell over 400 dealerships its PalmPal system by the end of its third year of operation. With over 22,500 dealerships in the United States alone, this projection is extremely conservative. New product sales are forecasted to be $580,000, $1,060,000, and $2,380,000 in years one, two, and three, respectively. In addition, Palmtop Innovations projects additional maintenance revenue of $87,000 and $246,000 in years two and three. Even though Palmtop Innovations projects a net loss for its first year ($97,290), after tax profits of $219,440 and $1,082,592 are expected for years two and three, respectively.
Sample 1
Financial Potential. Snap-Quick expects to generate over $1.5 million in revenues in 2001. Steady growth is expected through the three-years of projections, mirroring the expected growth in use of coaxial cable in the personal computer market. By the year 2003, annual revenues are expected to total close to $1.8 million. $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Year 1 Year 2 Year 3 Snap-Quick Connect. Lines-76.3% Licensing Royalties-23.7% 0% 20% 40% 60% 80%
Sample 1

Related to Financial Potential

  • Financial Position The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders’ equity and cash flows as of and for (a) the fiscal years ended December 31, 2014 and 2013 reported on by Ernst & Young LLP, independent public accountants and (b) the six months ended June 30, 2015. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated subsidiaries as of such dates and for such periods in accordance with GAAP, subject to year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (b) above.

  • Financial Printer The Company shall retain a financial printer, reasonably acceptable to the Representative, for the purpose of facilitating the Company’s XXXXX filings and the printing of the Preliminary Prospectus and Prospectus.

  • FINANCIAL EVALUATION (a) The financial bid shall be opened of only those bidders who have been found to be technically eligible. The financial bids shall be opened in presence of representatives of technically eligible bidders, who may like to be present. The institute shall inform the date, place and time for opening of financial bid. (b) Arithmetical errors shall be rectified on the following basis. If there is a discrepancy between the unit price and total price that is, the unit price shall prevail and the total price shall be corrected by the Institute. If there is a discrepancy between words and figures, the lesser amount shall be considered as valid. If the Supplier does not accept the correction of the errors, his bid shall be rejected. (c) The AIIMS Jodhpur does not bind himself to accept the lowest bid or any bid and reserves the right of accepting the whole or any part of the bid or portion of the job offered; and the bidder shall provide the same at the rates quoted. The AIIMS Jodhpur reserves the right to reject any or all offers received in response to tender or cancel or withdraw the tender notice without assigning any reason, whatsoever.

  • Financial Plan As soon as practicable and in any event no later than 90 days after the beginning of each Fiscal Year, a monthly consolidated and consolidating plan and financial forecast for such Fiscal Year (a “Financial Plan”), including a forecasted consolidated balance sheet and forecasted consolidated and consolidating statements of income and consolidated statement of cash flows of Holdings and its Subsidiaries for such Fiscal Year, together with pro forma Compliance Certificates for each such Fiscal Year and an explanation of the assumptions on which such forecasts are based;

  • Financial Ability Each of the Buyer Parties acknowledges that its obligation to consummate the transactions contemplated by this Agreement and the Brewery Transaction is not and will not be subject to the receipt by any Buyer Party of any financing or the consummation of any other transaction other than the occurrence of the GM Transaction Closing and, in the case of the Brewery Transaction, the consummation of the transactions contemplated by this Agreement. The Buyer Parties have delivered to ABI a true, complete and correct copy of the executed definitive Second Amended and Restated Interim Loan Agreement, dated as of February 13, 2013, among Bank of America, N.A. (“Bank of America”), JPMorgan Chase Bank N.A. (“JPMorgan”) and CBI (collectively, the “Financing Commitment”), pursuant to which, upon the terms and subject to the conditions set forth therein, the lenders party thereto have committed to lend the amounts set forth therein (the “Financing”) for the purpose of funding the transactions contemplated by this Agreement and the Brewery Transaction. The Buyer Parties have delivered to ABI true, complete and correct copies of the fee letter and engagement letters relating to the Financing Commitment (redacted only as to the matters indicated therein), the Financing Commitment has not been amended or modified prior to the date of this Agreement, and, as of the date hereof, the respective commitments contained in the Financing Commitment have not been withdrawn, terminated or rescinded in any respect. There are no agreements, side letters or arrangements to which CBI or any of its Affiliates is a party relating to the Financing Commitment that could affect the availability of the Financing. The Financing Commitment constitutes the legally valid and binding obligation of CBI and, to the Knowledge of CBI, the other parties thereto, enforceable in accordance with its terms (except as such enforceability may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar Laws of general applicability relating to or affecting creditors’ rights, and by general equitable principles). The Financing Commitment is in full force and effect and has not been withdrawn, rescinded or terminated or otherwise amended or modified in any respect, and no such amendment or modification is contemplated. Neither CBI nor any of its Affiliates is in breach of any of the terms or conditions set forth in the Financing Commitment, and assuming the accuracy of the representations and warranties set forth in Article 4 and performance by ABI of its obligations under this Agreement and the Brewery SPA, as of the date hereof, no event has occurred which, with or without notice, lapse of time or both, would reasonably be expected to constitute a breach, default or failure to satisfy any condition precedent set forth therein. As of the date hereof, no lender has notified CBI of its intention to terminate the Financing Commitment or not to provide the Financing. There are no conditions precedent or other contingencies related to the funding of the full amount of the Financing, other than as expressly set forth in the Financing Commitment. The aggregate proceeds available to be disbursed pursuant to the Financing Commitment, together with available cash on hand and availability under CBI’s existing credit facility, will be sufficient for the Buyer Parties to pay the Purchase Price hereunder and under the Brewery SPA and all related fees and expenses on the terms contemplated hereby and thereby in accordance with the terms of this Agreement and the Brewery SPA. As of the date hereof, CBI has paid in full any and all commitment or other fees required by the Financing Commitment that are due as of the date hereof. As of the date hereof, the Buyer Parties have no reason to believe that CBI and any of its applicable Affiliates will be unable to satisfy on a timely basis any conditions to the funding of the full amount of the Financing, or that the Financing will not be available to CBI on the Closing Date.

  • Financial Plans as soon as practicable and in any event no later than 45 days after the beginning of each Fiscal Year, a consolidated plan and financial forecast for such Fiscal Year (the “Financial Plan” for such Fiscal Year), including (a) a forecasted consolidated balance sheet and forecasted consolidated statements of income and cash flows of Holdings and its Subsidiaries for such Fiscal Year and (b) forecasted consolidated statements of income and cash flows of Holdings and its Subsidiaries for each Fiscal Quarter of such Fiscal Year, together with an explanation of the assumptions on which such forecasts are based;

  • Financial Projections Borrower shall have delivered to Lender Borrower’s business plan and/or financial projections or forecasts as most recently approved by Borrower’s Board of Directors.

  • Financial Forecasts You understand that any financial forecasts or projections are based on estimates and assumptions we believe to be reasonable but are highly speculative. Given the industry, our actual results may vary from any forecasts or projections.

  • Financial Planning The Employer will provide, or cause to be provided, continued access, for the remainder of the calendar year in which the Covered Termination occurs or for 60 days (if greater), to the financial planning services available to executive employees at the time of the Covered Termination.

  • Fund Valuation and Financial Reporting Services (1) Account for Fund share purchases, sales, exchanges, transfers, dividend reinvestments, and other Fund share activity as reported by the Fund’s transfer agent on a timely basis. (2) Apply equalization accounting as directed by the Fund. (3) Determine net investment income (earnings) for the Fund as of each valuation date. Account for periodic distributions of earnings to shareholders and maintain undistributed net investment income balances as of each valuation date. (4) Maintain a general ledger and other accounts, books, and financial records for the Fund in the form as agreed upon. (5) Determine the net asset value of the Fund according to the accounting policies and procedures set forth in the Fund’s current prospectus. (6) Calculate per share net asset value, per share net earnings, and other per share amounts reflective of Fund operations at such time as required by the nature and characteristics of the Fund. (7) Communicate to the Fund, at an agreed upon time, the per share net asset value for each valuation date. (8) Prepare monthly reports that document the adequacy of accounting detail to support month-end ledger balances. (9) Prepare monthly security transactions listings.

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