COMPLETE THE VESSEL IN THREE YEARS
VALUES AND COSTS
NOTE: THE "PHASE ONE" FUNDING CAN BE SECURED BY THE EQUITY IN MY PROPERTY
THE PLAN is to raise 150 K for PHASE ONE by finding a partner ('s) or investor ('s) or by raising funds against the equity in my property
After completion of phase one, the catamaran will be launched, unless funding for Phase Two has been secured. As soon as the vessel is "ready to float" It should be easier to attract further funding.
PHASE TWO will see the mast and rigging mounted, sails purchased, basic electronics installed and some "shake down" trips in the Gulf of Mexico.
ESTIMATED VALUES and COSTS
(following numbers are clearly estimates, HOWEVER, based on years of building experience)
As always, money will be the best way to speed up completion of the project. We have built at least ONE of virtually every component needed for completion and will be able to compile a close estimate of cost and time in the near future. Up 'til now, this seemed not very important as I simply carried on with my own resources and on my own time, enjoying the "JUST DO IT" approach.
However, completion within a reasonable time can only be guaranteed with some outside help. THIS IS WHERE YOU CAN COME IN !
Estimates of the costs and time for the next steps:
1. Complete the structure capable of "floating" : need additional $80 K . Note: some 40K in materials are "in hand" and paid for
This would then represent real value, even without mast / sails or auxiliary propulsion.
2. Install solar panels, batteries, electric propulsion system, basic electronics $ 50 K
Install basic living necessities: water maker, showers, freezer/ice box combination, etc. $ 20 K
it will now be "MY HOME", My house can now be rented or sold. (link to details )
AT THIS POINT THE VALUE WILL BE A MINIMUM OF $600.000
3. Build the mast,. airfoil shaped and rotating,. $30 - $40 K
Note: I have plenty of experience building similar structures.
4. Purchase sails and some hardware, fabricate rigging in house $35 - $50 K
5. Improve details of the living quarters and other "small stuff" $20 - $30 K
TOTAL ESTIMATED COSTS $270 K
ELAPSED TIME < THREE YEARS
AT THIS JUNCTURE WE WILL HAVE AN OCEAN GOING CATAMARAN, VALUED AT A MINIMUM OF $2,500,000
HELP TO MAKE THIS HAPPEN AND SAIL WITH US
what we are offering you !
Note: Some real costs, like launching have not been addressed here. We will talk to "B....wiser "or " M...light" to provide the helicopter to launch the 'CAT" and see their name on National TV. Maybe the "JUST DO IT" folks will just "DO IT"
return to: THIS IS IT
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