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WELCOME VIDEO

Walt Schulz Introduces the Shannon Silver Investment Program

SLIDE DECK: Use the scroll bar to view slides 1-12

OVERVIEW

 

                 Shannon Boat Company’s Silver line of yachts designed and engineered for the plus 55  year old market is a breakthrough concept in the recreational boat industry. The Silver 36 and 44 models address no mobility issues today all the way to full wheelchair access and every concern in between. Assist equipment can be added or not at any time in the future. Shannon’s over 40 years in the boat industry combined with unique experience in niche markets and custom building provide the perfect investment platform. Everything is in place: millions of dollars in molds and tooling that have been designed and modified for the Silver models, buildings, machinery, molds and tooling, experienced workforce and management team. The investment is solely dedicated to building demonstrator yachts for promotional purposes.

 

                 An innovative product line calls for an innovative investment program. Shannon has been using mold lease back investments since 1978, however, recent changes in investment regulations now allow this investment program to be offered to  a wider audience with improved, flexible returns. The “Shannon Silver LLC” has been recently incorporated in Delaware with Shannon Boat Company as managing partner with investors serving as limited partners. 100% of investment proceeds will be used to build the demo yachts, transfer mold ownership and introductory expenses. The fixed asset molds and tooling with a predetermined value are owned by Shannon Silver LLC for limited partner tax purposes. Three investment options are available with 15%-25% ROI based on a lease back fee agreement each time a new boat is molded. A three year convertible debenture will secure the investment along with the demo yacht and mold ownership. Initial limited partners in Shannon Silver LLC will receive preferred status in stock conversions, discount demo yacht ownership and personal use in New England and Florida.

 

TESTIMONIALS

April 27, 2016

 

                               Thanks for updating me on your new Shannon Silver Motor Yachts Project. I am very impressed with what I've seen so far and expect that you will hit a nerve in the marketplace.  Having worked on

your sailboats since back in the late 70's when I was doing deliveries, I am, as you know, quite familiar with your product and the extent that Shannon has always gone to in order to maintain high quality and excellent  function

at a higher than average level. Never in over 50,000 miles of offshore deliveries of Shannons, no matter the weather, did I ever feel that the vessel might fail me.

 

                           You are dead on with the assumption that an aging population of yachties will necessarily comprise a certain percentage who will have some physical impairments , such as a  need for a wheelchair,

that will inhibit their ability to get on the water. These designs  address those issues with enough panache to satisfy the most discriminating of Yachtsman.   The suggested Base Pricing is in line with the marketplace and

the only comment I would make is perhaps coming up with a "Chevrolet" version at a reduced price for use by organizations like Wounded Warriors

 

                         Let me share with you an e-mail I received from a fellow Broker in my company:

 

                         "I've built a couple boats with disabled clients. Both were production boats re-engineered and modified for the special needs of the owners. I would have gone directly to someone building a quality boat specifically for handicapped clients if the option existed...my two cents.

 

                         At the Palm Beach Boat Show last month I was showing a Client yachts in the 137' to 279' range. We automatically ruled out any yacht that did not have elevators due to his need for a wheelchair.  There is no doubt that this is a market segment that is ripe for exploitation."

 

                       Walter, thanks for continuing to be an innovator and steadfast leader in our industry.

 

Kindest regards,

 

Willy McCormick CPYB

United Yacht Sales

PO Box 8096

West Palm Beach, Fl

33407    USA

 

 

“Walter Schulz is one one the last of a wonderful breed – the complete boat builder. He designs boats, invents rigs, invents hull shapes, and then, unlike most others who work only on paper or computer, he takes saw and rasp and builds a half-model. And then he builds the real boat – always interesting and invariably one of the world’s best yachts.”

Ferenc Mate

Author "World's Best Sailboats"

 

"Designer With A Difference"

Walter Schulz is the man behind Shannon Yachts, and he’s been building quality yachts since 1975. When the first Shannon 38 made its debut at the Annapolis Sailboat show in 1975, Walt took five orders, and the company was on its way. In the 30 years since, Shannon Yachts has launched 335 boats, sail and power, and the company has earned an esteemed position among the ranks of top-quality yacht builders.

Bill Parlatore

Passagemaker Magazine, 2012

 

"One of the increasingly fascinating things about the Shannon Boat Company is in the way its craftsmen have incorporated new design elements, inspired by recent technological breakthroughs, yet without forgetting the good things they’ve learned from their own hands-on experience and the seafaring history that came before it."

Tim Murphy

Editor at Large, Cruising World

 

"When I first asked designer/builder Walt Schulz what his motivation was in designing the radically different hull form, his answer was disarmingly candid: bad knees."

" His knees, and those of many of his customers, long for a hull that can deliver planing-boat speed but with a softer ride than any existing hard-chine, V-bottom form."

George L. Petrie
Power & Motoryacht, 2005

 

BASIC TERM SHEET

SHANNON SILVER V36 #1 DEMO BOAT PROJECTIONS

 

$1M investment with $1M security interest  for investor in the boat and in the V36 molds

 

Revenue Projections: $75K mold use fee per boat paid to Shannon Silver by SBC and sale of V36 #1 demo boat

 

YEAR 1        1 boat = $75K

 

YEAR 2       4 boats = $300K and $750K from the sale of V36 #1 demo boat=$1.05M

 

YEAR 3        5 boats = $575K

 

Investor Repayment Options

 

Option 1      Repayment of $750K principal in Year 2  and $250K principal in Year 3.  Payment
                     of $337K interest 
15% ROI

 

Option 2     Repayment of $750K principal in Year 2  and $250K principal in Year 3.  Payment of

                     $250K interest

20% ROI     Investor buys V36 #1 for $550K with $200K discount

 

Option 3     Repayment of $750K principal in Year 2  and $250K principal in Year 3.  Payment of

                     $150K interest

25% ROI     Investor receives $410K in Shannon Silver Stock

 

 

SHANNON SILVER V44 #1 DEMO BOAT PROJECTIONS

 

$1.8M investment with $1.8M security interest  for investor in the boat and in the V44 molds

 

Revenue Projections: $150K mold use fee per boat paid to Shannon Silver by SBC and sale of V44 #1 demo boat

 

YEAR 1        1 boat = $150K

 

YEAR 2       3 boats = $450K and sale of  V44#1 demo boat for $1.5M = $1.95M

 

YEAR 3        5 boats = $750K

 

 Investor Repayment Options

 

Option 1      Repayment of $1.5M principal in Year 2  and $300K principal in Year 3.  Payment
                     of $530K interest 
15% ROI

 

Option 2     Repayment of $1.5M principal in Year 2  and $300K principal in Year 3.  Payment of

                     $430K interest

20% ROI     Investor buys V44#1 for $1.2 million with $300K discount

 

Option 3     Repayment of $1.5M principal in Year 2  and $300K principal in Year 3.  Payment of

                     $300K interest

25% ROI     Investor receives $675K in Shannon Silver Stock

 

 

IF YOU ARE INTERESTED IN MORE IN-DEPTH INFORMATION ABOUT INVESTING IN A SHANNON DEMO BOAT, PLEASE CONTACT BILL RAMOS.  WE THANK  YOU FOR YOUR INTEREST.

email bill@shannonyachts.com   +1 401-253-2441   cell 401-639-9075