florida territory investment model

64 SeaWing® 4 Craft Investment: $24.0 Million *

* $14.4 Million After-Tax Cost 40% Tax Bracket

seashuttle FL corporation will begin operations in Ft Myers, FL on Captiva island with the SeaWing® 2 craft, to qualify the market, then build an initial fleet of 8 SeaWing® 4 craft to service the local islands, incorporating water taxi services, then expand to 64 SeaWing® 4/8/12 craft to service the west coast incorporating seaShuttle® high-speed ferry services.

phase I: invest in a seawing® 2 craft

Define Routes * Pricing strategies * Applications

$375,000 (after-tax cost: $225,000 40% tax bracket)

Lease to SeaShuttle Corporation For $3,750/Month 60 Months ($225K - 25% ROI)

Receive 20% of SeaShuttle corporation

residual value converts into seaShuttle corporation stock @ FMV

Includes personal use for investor

* includes: operations startup costs * docking * working capital

SSW2

SeaWing® 2

phase II: build fleets

SSW4 Bow S
SeaWing® 4

$375,000 (after-tax cost: $225,000 40% tax bracket)

lease to seashuttle corporation for $3,750/month 60 months ($225k - 25% ROI)

residual value converts into seaShuttle corporation stock @ FMV

SSW4 or SSW8 Cruise
SeaWing® 8

$675,000 (after-tax cost: $405,000 40% tax bracket)

lease to seashuttle corporation for $6,750/month 60 month

residual value converts into seaShuttle corporation stock @ FMV

SSW12 FERRY Bow
SeaWing® 12

$875,000 (after-tax cost: $525,000 40% tax bracket)

lease to seashuttle corporation for $8,750/month 60 month

residual value converts into seaShuttle corporation stock @ FMV

FtM Routes Local
Local Islands

SeaWing® 4 Water Taxi Service

aerial1800-800
Ft Myers to N. Captiva Island: 12 Minutes

Seawing® 12 SeaShuttle® Service

000000
Ft Myers to Key West: 60 Minutes
Florida
West Coast High-Speed Transportation System

SeaWing® 4 (SSW4) analysis

2 SSW4 Cash Flow

start with 2 SeaWing 4 Craft

BE 8 Craft

Break-Even Payload: 2 Passengers

8 Craft Revenue v Expenses
8 SSW4 Craft Fleet*

Investment: $3.0 Million ($1.8 Million After-Tax Cost) * Net Profit: $3.0 Million

* 60% Payload

64 Craft Revenue v Expenses
64 SSW4Craft Fleet*

Investment: $24 Million ($14.4 Million After-Tax Cost) * Net Profit: $21.7 Million

* 60% Payload