# Shark Wheel

Shark Wheel Reinvented the Wheel. Literally. Scientifically Proven Advantages.

## Elevator pitch
Shark Wheel sells the only non-circular wheel in the world. Shark Wheel is currently entering many different industries from roller skates to forklifts to farming.

- Canonical URL: https://wefunder.com/sharkwheel
- Entity ID: wefunder:company:35514
- Last updated: 2026-06-09T05:00:10Z
- Generated at: 2026-06-09T22:46:08Z

## Quick facts
- ~$9M in Gross Revenue 2023-2024
- Agriculture Division Profitable as of Q2, 2025 Draft Financials
- Aired on Shark Tank, Discovery Channel, FedEx commercials, FOX, and much more
- Scientifically Proven Advantages by San Diego State University in Multiple Categories
- 2025 Launch of Wheelchair Wheels and Pallet Jack Wheels
- 2026 Launch of Low-Cost Irrigation Wheel to Increase Sales, After 1+ Years of R&D and Field Testing
- ~80% Complete - R&D on Tractor Wheel Design
- Preparing Shark Wheel for Merger Event

## Active fundraises
- wefunder:fundraise:129850: 4(a)(6) successful (USD)
- wefunder:fundraise:129849: 4(a)(6) successful (USD)
- wefunder:fundraise:42900: 4(a)(6) successful (USD)
- wefunder:fundraise:43752: 4(a)(6) successful (USD)
- wefunder:fundraise:37804: 4(a)(6) successful (USD)
- wefunder:fundraise:25384: 4(a)(6) successful (USD)

## Story
Five thousand years ago, the wheel changed the course of civilization. Imagine if you had invested then — the return would have been immeasurable. Today, you have that rare chance again. Shark Wheel has reinvented the wheel for the modern age — a design already proven in agriculture and consumer products. This time, you can be part of it.Before we explain about the technology and the company, note that the current strategy calls for selling the majority ownership of the company. This means that if Shark Wheel is able to close the transaction, investors may be able to realize the upside in a relatively short amount of time. To protect investors in this round against valuation, we chose to offer a convertible note (your valuation is expected to be determined by sophisticated investors at a later date).Shark Wheel is now making machines in South America using its sought-after wheels to leverage the sale of the entire machine. After 1 week of advertisements, Shark Wheel has 2,000 leads and roughly 20 quotes sent out to buyers. Shark Wheel is looking for purchase order financing solutions to accelerate the sales process and has turned to Wefunder as a partial solution. This campaign will run through the end of the year and we are anticipating millions in revenue based on this initial campaign. Shark Wheel has historically been an R&D company that has recently transformed into a sales company. Now with roughly $9M in gross revenue in 2023/2024 combined, Shark Wheel's past efforts have begun to pay off.Shark Wheel has operated as a components company, but has aspirations to slowly transform into a full products company over time. Following in the footsteps of companies like Bose, DJI, Babolat and several other, this will be explained in further detail later.Why reinvent the wheel? For 5,000 years the wheel has been the go-to design for most types of transportation. In fact, no one considered there could be a better design. The circular wheel was always considered the final design with no room for improvement.Enter Shark Wheel inventor, David Patrick, who refused to accept the status quo. Not only did David create a shape that was drastically different, but he envisioned the shape possessing inherent advantages built into it. His search to improving the wheel was an uphill battle against industries that were not used to change. He needed to prove his idea was revolutionary.I met David through my tennis coach who thought I could help him build a business around his invention. As a former professional tennis player on the ATP Tour for 10 years, I was no stranger to hard work, long hours, and relentless determination. I immediately saw the vast opportunity in joining forces with David to help bring the sine wave wheel to life. I imagined a skateboard company introducing a new wheel where the skater is safer going over debris and other rough terrain. I imagined a farmer whose tractor creates unwanted trenches in the field and being able to help that farmer save money and not dig a trench with our wheels. I imagined a wheelchair user having the freedom to go more places without rough terrain standing in their way.Shark Wheel is a company located in Mission Viejo, California dedicated to making the most unique, innovative and technologically advanced wheels in the marketplace. The Shark Wheel is flat on six sides and displays many scientifically proven advantages compared to the traditional wheel. Having won multiple international competitions in the skateboarding industry, the Shark Wheel has proven to be a high-performance product.The patented Shark Wheel is a perfect fit for various applications including wheelchairs, strollers, wagons, agriculture equipment, military applications, ATV vehicles, shopping carts, printing machines, hand trucks, industrial carts, medical carts, roller skates, luggage, forklifts, office chairs, hospital beds, ambulance cots and much more. Please see our Major Projects section below to learn more. Validation Points to Justify a Shark Wheel InvestmentShark Wheel has a Intellectual Patent lock (patents and trademarks) on sine wave wheelsMillions in revenue. Although Shark Wheel has been an R&D company for nearly its entire existence, Shark Wheel still has over $15 million in revenueBig-name brands want to do business with Shark Wheel. Current and former companies that Shark Wheel has worked with include Bridgestone-Firestone (largest tire company in the world), Harley Davidson, Samsonite, Spyder, PGA Tour and more. Shark Wheel is currently in negotiations with Grainger (Fortune 300 company) for the material handling industry.Scienticially proven advantages. Shark Wheel has defined performance advantages that include rolling resistance, obstacle avoidance, rebound, rutting, longevity and more.Awards validating performance. Shark Wheel has won best new product award at the largest agriculture trade show in the US, innovator of the year award and two congressional awards in 2025Future potential. Shark Wheel has fully proven that it can generate millions in revenue in skateboarding and in agriculture. With only 2 employees and a few independent contractors, Shark Wheel has been able to build a company that appears positioned for explosive growth in many industries. Shark Wheel is currently raising money to help the technology reach its full potentialShark Wheel Company StructureShark Wheel Inc is the parent company that holds patents. There is currently three subsidiaries that operate underneath called Shark Wheel Skate LLC, Shark Wheel Electric LLC and Shark Wheel Agriculture LLC. All investors will take ownership in the parent company and be a part of every wheel market Shark Wheel ever enters into. Investors will own the subsidiaries listed and any other subsidiaries that may be created in the future.In terms of investors getting paid, there are a few possible scenarios. (1) Selling the company, (2) the company going public (IPO or reverse merger), (3) the company selling a division or divisions of the company and (4) investors receiving disbursements, when the company feels it has enough extra funds to pay a dividend. For example, if Shark Wheel had $1 million in the bank at year end, it may choose to reinvest money back into the company, but if it had $10 million, it would likely pay a disbursement to all investors. Future earnings and projections are not guaranteed; it's possible that investors will receive no return at all.As mentioned above, the current strategy calls for selling the majority ownership of the company, allowing shareholders to retain a stake to capture future upside. While final terms are subject to negotiation, this remains the intended structure. In May 2024, Shark Wheel came close to completing such a transaction, incurring significant costs as the deal neared the finish line. To accelerate the process in 2025-2026, Shark Wheel may engage an investment bank in an attempt advance the timeline of the transaction. Shark Wheel will actively look to close a transaction in 2025-2026.Conversion of Company to Delaware C-CorpShark Wheel converted to a Delaware C-Corp (from a California LLC). One of the biggest advantages of the conversion is that it allows Shark Wheel to take advantage of IRS Code 1202. The conversion started a 5 year clock (December 2023 completion) that allows Shark Wheel to sell the entire company and allows for profits to be tax free for all investors that have held their shares for a minimum of 5 years*.*To understand IRS Code 1202 in more detail, please click here.* It is important to speak to your tax advisor to see if you qualify.Shark Wheel's Valuation HistoryShark Wheel has grown from*:*$10 million valuation in Q1, 2014*$15 million valuation in Q2, 2017*$25 million valuation in Q1, 2019*30 million valuation in Q1, 2020*35 million valuation in Q4, 2020*42.9 million valuation in 20222025 - Convertible Note. Next investment**Previous valuations were in association to previous offerings, and determined by the company, although an October 2023 independent 3rd party valuation recommended Shark Wheel to be valued in the $48M-$66M range.Media Shark Wheel Has Been Aligned with Industry Leaders, Sports Leagues/Teams, the US Military and more. Shark Wheel has been partnered with all of the major brands listed below!Shark Tank(Season 6, Season Finale)Discovery ChannelAmerica's Real Deal TV Show(We Won the Entire Show!)FedEx Commercial #1FedEx Commercial 2R&DShark Wheel has primarily been a Research and Development company since 2014. Entering the skateboarding industry was the ‘low-hanging-fruit’. It was a market with a low barrier to entry, a market in which consumers purchased wheels as a standalone item, and a market to act as a proof of concept. Shark Wheel proved the interest in the market and that the wheel is truly high-performance by winning several international competitions. Entering the skateboarding industry was also a way for Shark Wheel to pay the bills early on. Initially, it was a necessity for Shark Wheel to prototype various wheel sizes in different industries. There was much to learn about how a sine wave shaped wheel works under load, while swiveling, with different amplitudes and frequencies, and in various sizes and iterations. Shark Wheel had to prove though scientific testing and real-world testing that the shape worked well and using certain factors, outperformed the circular wheel.Currently, Shark Wheel is focused on sales and less so on R&D, aside from completing its tractor wheel project. Shark Wheel estimates its tractor wheel/tire design to be 80% complete. A tire manufacturing expert + FEA simulation expert needs to be hired to complete the design. Shark Wheel's agriculture business is now profitable (according to the latest Q2 2025 draft financials) and the goal is to increase profitability and revenue significantly as we move closer to 2026.StrategyShark Wheel has aspirations to slowly transform from a components brand into a full products brand. Shark Wheel has written a paper on this titled the SWITCH model, which stands forShark Wheel Integrating Technology to Create HardwareExamples of other companies successfully making this conversion:Babolat was known for having great tennis strings. They developed a tennis racket and became the #1 racket company in the world.GoPro started with camera mounts and accessories for extreme sports and then expanded into developing their own action cameras. Result: Became the category-defining brand in action sports camerasBose started with high-end audio components (speakers, acoustic tech) and then expanded into full consumer electronics products (headphones, soundbars, car audio systems). Result: Became a premium consumer audio brand, known for noise cancellation and sound innovation.DJI started with drone stabilization and flight control systems and then expanded into full consumer and commercial drones. Result: Became the world's leading drone manufacturer.Shark Wheel has redefined its approach in the printing sector, advancing from providing technology to improve other machines to building entire machines independently.(see SharkAdvantage.com)Use of Funds (depending on final amount raised from Wefunder)• R&D: Tractor Wheel Completion. Finalize design and testing of the tractor wheel. Hiring a tire manufacturing expert with an expertise in computer simulations (Ansys).• Marketing Materials: Production of professional video and print marketing content for the new agriculture machine brand stated above.• Advertising: Focused advertising across agriculture, material handling, skateboarding, and caster markets.• South American Salesperson(s): To make a significant push into the market, hiring boots on the ground would be beneficial. This person may serve a dual purpose, such as coordinating installation or other helpful skill sets.• Fractional CFO: Hire a fractional CFO for financial strategy and oversight to give merger investors more confidence that the company is properly set up to scale• Debt Paydown• Inventory: Most of the inventory can be financed and not have to come from working capital, but there will be a ‘float’ period and deposits will need to be placed (typically 30%). To improve lead times, we would begin to initiate manufacturing of the structuresWebsitesSharkWheel.com (skateboard products and related items)SharkWheel.net (casters, material handling, etc.)SharkWheelAg.com (center pivot irrigation)SharkAdvantage.com (printing industry)Major Projects#1 Material Handling - Pallet Jack/ForkliftFor the first time, Shark Wheel will directly launch and sell its material handling wheel. While a previous soft launch involved a manufacturer handling sales, Shark Wheel has now chosen to take control of its own destiny by bringing sales in-house through its internal team.Shark Wheel introduced the product at the largest trade show of the year, the Promat, in March 2025. Numerous Fortune 500 companies and industry leaders are waiting to place orders. Shipments are expected to begin in late 2025. Shark Wheel is currently in contract negotiations with Grainger, a Fortune 500 company.Advantages:Obstacle Avoidance, Long Life, Traversing Rough Terrain, Approach Angle, Less Charging*2 Patents IssuedShark Wheel will sell into Classes 1-5 of the material handling industry (starting with Class 3):Class I: Electric Motor Rider Trucks Class II: Electric Motor Narrow Aisle Trucks Class III: Electric Motor Hand Trucks or Hand/Rider Trucks Class IV: Internal Combustion Engine Trucks Class V: Internal Combustion Engine Trucks #2 LuggageCurrent and Previously Signed Licensing Deals. *✅Samsonite Golf Luggage✅Harley Davidson Luggage✅SkyValet Smart Luggage ✅SpyderSkyValet Smart LuggageSkyValet luggage launched in 2019. The campaign reached nearly $1M. The campaign was stuck at $150k until a new marketing company was brought on and they completely changed the marketing to feature Shark Wheels as the main feature on every picture and advertisement. See below link:SkyValet Million Dollar CampaignSamsoniteSamsonite golf luggage with Shark Wheels. Shark Wheel always looks to establish itself with industry leaders. To be associated with the Samsonite brand name that is #1 in the industry is the start of many things to come.Harley DavidsonAlso, our Harley Davidson luggage is selling now at Harley Davidson dealers across the United States, as well as Amazon. See the Harley Davidson-Shark Wheel promo video below:#3 Central Pivot Irrigation - Farming WheelThe largest division of Shark Wheel.Shark Wheel originally won a government grant through the National Science Foundation in January 2018 . The grant was for $225,000 to develop a state-of-the-art wheel for the central pivot irrigation industry. After performing extensive customer discovery interviews and graduating through the government's I-Corps program, Shark Wheel learned what the market desires in a wheel:Minimize rutting (the industry's largest issue is digging a trench)Non-pneumatic tire that can never go flatModular design that makes maintenance easier and more cost-effectiveEnough traction to traverse clay-based and sand-based soilsPriced with the current industry sweet spotShark Wheel built a wheel according to what the customer desires. The test was a success in 2018 and Shark Wheel applied for the Phase II portion of the grant. In Q2, 2019, Shark Wheel won Phase II of the grant for $724,313 and an additional $150,000 Phase IIa grant to optimize the wheel and bring it to commercialization. Shark Wheel launched its wheel in early 2023 and became the only airless tire for industry leaders Bridgestone-Firestone and Reinke.The front wheel creates a small rut, while the rear wheel tends to repair the rut. The wheels are offset when installed to create a DNA footprint in the soilIn 2024, Shark Wheel invested in a low-cost irrigation wheel. A down market was expected, especially with high tariffs incoming. Shark Wheel paid for a multi-month project and paid for the tooling and test articles. After many months of testing and great feedback, Shark Wheel is positioned to launch its new low-cost wheel in 2026 bringing the retail price down by approximately 30%, which opens the door to an entirely new stratosphere of buyers globally.#4 Printing Industry - Shark AdvantageAs part of its strategy to steadily evolve into a full-scale products brand, Shark Wheel has taken its Shark Advantage solution—originally designed to enhance the performance of printing machines—and successfully leveraged it into full machine sales. By proving value through components first, Shark Wheel has built the credibility and trust needed to expand into complete system offerings. (sharkadvantage.com)Shark Advantage's sweetspot is between $150,000 - $600,000 machine retail prices. These machines are primarily in flexography and web converting.The technology summarized:In the printing world, a spool of material (could be a newspaper, labels printed on everyday food products, etc) moves over retraction rollers, where the material is printed on. After the printing is completed, the material moves over more rollers before feeding into a final printed spool. All of this occurs in one machine with 20-30 rollers on average. The issue: the faster the material goes through the machine, the more the material moves off-center. (To envision this, think of a printer at your home or work where the scanner or the printer starts printing paper at an angle and gets jammed) This is a huge problem and the only way to mitigate this is to tension the material. This means that tension rods stretch the material tightly on the long ends so the material is forced toward center. The stretching of the material creates a whole host of other problems where the printing has to be reconfigured and many other things are compromised. Overall, the issue of centering makes printers have to be tensioned. Enter Shark Advantage.The left-right-left-right oscillations of the sinusoidal design naturally push the material toward center. The same way a human walks with an alternating gait averages to walking perfectly straight. The same way the left-right-left-right shape of the Shark Wheel averages to perfectly center and the wheel moves effectively in a straight line.The MachinesThe Technology#5 Wheelchair Casters Launches in Q4 2025. The twin caster design gives Shark Wheel advantagesIntroduced to the industry at the Abilities Expo Trade Show in LA in 2025. Casters begin shipping soon.F.L.E.X stands for: Front caster for Low rolling resistance Energy efficiency and eXplorationhttps://sharkwheel.net/flex/Industry leader will begin testing soon for a 2026 launch. Initial tests show ability to traverse rough terrain and ability to swivel better than traditional circular wheels.office chairs. Based off of luggage caster wheel performance and other caster testing, Shark Wheel believes this is a project worthy of a high position on the prototyping list. In-house testing has shown clear performance advantages for office chairs and other wheeled-furniture applications.#6 Industrial CastersShark Wheel sold an initial order to the leader in education furniture. Our twin caster design for furniture is similar to our luggage and wheelchair casters, although they are a different size.#7 Skateboards/Roller Skates1. High-End Skateboard Sales (SharkWheel.com, Amazon.com)1. Shark Wheel SkateShark Wheel Skate LLC (subsidiary owned by Shark Wheel, Inc.) controls all Shark Wheel skateboard salesAmazon best seller in 202454mm, 60mm, 70mm, 72mm, 80mm and 95mm wheels in the product lineKids 3 wheel scooter planned for a Q4 2025Social MediaMost engaged Instagram brand in 2024 when compared to top brandsInstagramOver 165,000 Followerswww.instagram.com/sharkwheelThis video hit millions of views (one example of many)Facebookwww.facebook.com/sharkwheelOver 37,000 FollowersYoutubewww.youtube.com/thesharkwheelOver 37,000 FollowersScientific TestingTest I - San Diego State UniversityBackgroundThe Shark Wheel has been scientifically tested at the San Diego State University Mechanical Engineering Department.In apples-to-apples testing, The Shark Wheel was found to have a 15% longevity and 15% speed advantage. Also, frictional tests were performed and some of the data is seen below showing a significant advantage compared to a traditional wheel.Testing EquipmentTests were performed and the testing rig (seen above) was designed and constructed by a team of engineering students at San Diego University, Mechanical Engineering Department. Testing has been completed as of December 2017.The dynamic testing outlined in the following report was conducted at approximately 720rpms(17mph).Conclusion Test IAt a load of 30lbs the Shark Wheel demonstrated an average of 35.52% less rolling resistance at speeds ranging from 0-650rpms (approx. 15.5mph).When loaded to 45lbs (per wheel) the Shark Wheel demonstrated 60.92% less rolling resistance.Rolling resistance, also called rolling friction, is an important factor in many industries.Test II - Conducted by Major Wheel ManufacturerAnother scientific test done by the largest skateboard wheel manufacturer in the world. They compared Shark Wheel to the leading wheels in the market in an apples-to-apples test. Same diameter, same durometer (hardness), same material.Conclusion Test IIThe Shark Wheel showed a 15% rebound advantage. Rebound translates directly to speed. In the abrasion resistance test, Shark Wheel demonstrated a significant advantage as well. The lower the number in the abrasion resistance graph, the better it performed.Additional TestingIn separate testing at a Canadian test facility, the Shark Wheel exhibited a longevity/wear advantage.Tests performed by the German tv show, Galileo (similar to the Discovery Channel), found advantages in rolling resistance and off-road performance. The episode aired in December 2016.Most recently, our material handling industry partner (pallet jacks, forklifts), completed 3 years of scientific testing and customer acceptance testing with a Fortune 50 company. Scientific testing showed a maximum of 600% longevity advantage (3 years of testing) and a real world test of 200% advantage.Government GrantsShark Wheel has been successful obtaining grants to date. Shark Wheel has won 3 out of 4 grants it has applied for and believes it is a good business decision to seek more grant opportunities.The following is a list of awarded grants:FedEx Nationwide Small Business Grant Winner, 2015SBIR National Science Foundation Phase I grant ($225,000). Won in January 2018. SBIR NSF Phase II grant ($724,313). Won in April 2019. (aligned with multiple industry leaders in the irrigation segment of agriculture). Grant concludes in late 2021.SBIR NSF Phase IIb grant ($150,000). Won in March 2021. Licensing AgreementsOne example is Athalon (name included because deal is signed). Athalon has already put Shark Wheels on Harley Davidson, Samsonite, Spyder and SkyValet branded luggage.Shark Wheel has a recently expired agreement that sold wheels onto PGA Tour golf bags, US Military Deployment Bags, MLB, NBA and NFL products.ManufacturingShark Wheel always acts as a contract manufacturerShark Wheel aims to work primarily with #1 or #2 in each marketShark Wheel will determine on a case-by-case basis if it is more advantageous to manufacture or licenseShark Wheel will arrange terms with the manufacturer so Shark Wheel does not need to float funds for inventory purchases for long periods of timeProject ActivationThe following are projects that Shark Wheel has signed terms sheets with/in talks with that have been put on hold until the above projects have been completed:Pallet Jack - launches Q4 2025Wheelchair Casters - launches Q4 2025Tractors - 80% completed with design. This is the most important wheel Shark Wheel will ever create, as it will be used in numerous agriculture industries, car tires, and other heavy machinery applications (mining, construction, forestry, etc.)Office Chairs - casters completed, waiting for first orderMedical Casters - casters completed, waiting for first orderShopping Carts - casters completed, waiting for first orderIdentified MarketsThe following are markets that Shark Wheel has identified an advantage in, but currently has no traction.Oil/Gas Industry (Roller Conveyance)VacuumsMilitary Cases/CoolersWagonsWalkersStrollersGolf CartsIV PolesHand TrucksATV VehiclesMilitary VehiclesGym EquipmentPlanetary RoversTricyclesToysNotable Milestones/MediaAired on the most watched season finale in Shark Tank's history. Over 10 million Shark Tank viewers to dateAired on Discovery Channel for reinventing the wheelFilmed and aired on Galileo TV (Discovery Channel of Germany)Aired tv show, Xploration on FOXAired on 3 FedEx Commercials to date that can be seen above in the media sectionAmerica's Real Deal tv show winner on FOX Business ChannelInnovator of the Year Award Winner2 Congressional Awards in 2025Intellectual PropertyShark Wheel considers its patent/trademark portfolio as arguably the most valuable part of the company. Issued patents. Multiple patents issued. The general Shark Wheel shape, luggage wheel patents, pallet jack/forklift patents.Issued patents. Numerous countries in Europe have issued, as well as in China, Japan, South Africa, Argentina, Canada, Egypt and more. Patent pending status for several more patentsTrademark issued for Shark Wheel in the United States, Thailand and China.Company HistoryThe Shark Wheel was invented by David Patrick. The sine wave shape was a repeating pattern that David discovered all throughout nature and is nature's preferred choice of motion. The sine wave can be seen in how snakes slither, fish and sharks swim, how the planets rotate around the sun, and even how humans walk with an alternating gait. The Shark Wheel name came from the wheel's identical shape to a shark's jaw (picture seen near top of campaign).Shark Wheel launched through a Kickstarter campaign in June of 2013. Shark Wheel’s fundraising goal of $10,000 was reached in 72hrs, finishing with $79,300 in a 30 day run. After the successful campaign, it took the company 7 months to solve the molding issues that prevented mass production. It was one thing to reinvent the wheel, then the company had to reinvent the mold, which is now patent pending.Shark Wheel is able to pay the same price per wheel as any other wheel company. There is no price penalty or time penalty for any company choosing to use Shark Wheel products. For a company to violate Shark Wheel’s patents and produce Shark Wheels in mass production successfully would be a massive undertaking (not to mention lawsuits) that would prevent any copycat manufacturers.Skinny Footprint / Wide ProfileThe Shark Wheel has the benefits of a thin wheel and a wide wheel in one shape. The infographic shown below explains how the Shark Wheel has the skinny footprint of a thin wheel combined with the wide profile of the large wheel.Thin circular wheels:Low friction, fast, maneuverable, easy to swivel.Wide circular wheels:Off-road ability, load-capacity, lateral grip, longevity.Shark Wheels combine the benefits of both thin and wide wheels:Low friction, fast, maneuverable, easy to swivel.Off-road ability, load-capacity, lateral grip, longevity.Industrial Wheel AdvantageHeat - Failure PointsWheels typically fail in industrial sectors due to heat. Whether its friction, load, or an embedded nail, the failure points become heat-related. Shark Wheels have built-in heat vents that allow heat to escape. A traditional wheel attempts to steamroll over objects - this allows for small objects to become embedded into the wheel and for additional friction and therefore heat to build up leading to failure. Shark Wheel's natural design allows for heat to escape, thereby increasing the life of the wheel.

## FAQ
1. **When do you think the company will be cash-flow neutral or positive, and financially self-sustaining moving forward?**
   - Great question. While that is impossible to predict, Shark Wheel made a decision a few years ago to be cash flow negative by design. We would easily be cash flow positive if we were just a skateboard company. We gross over a million dollars per year without a sales team and without putting in more than 20% effort into the skateboard side of our company. But, the decision was made to invest heavily in other industries and have explosive growth potential. I think Shark Wheel has positioned itse...
2. **Is there a time-frame to have Shark Wheel stock traded on the stock exchange?**
   - Hi William, Shark Wheel does not have plans to be traded on the stock exchange. It is possible, but not the most likely scenario. Currently, the thinking is to sell the company in 4 years. This is to take advantage of IRS code 1202. Shark Wheel switched to a C-Corp December 21, 2018. 5 years from that date (December 21, 2023), Shark Wheel can sell the company and have up to $50 million dollars tax free from my understanding. Depending on the sale price, that would make most investors have tax...
3. **A few question: 1. Have you paid the Sharks back the 500k? 2. Why are you looking to sell the business in approximately 4 years? 3. Given your revenue why is the valuation so high? What percentage of your current revenue is licensing?**
   - 1. Can't say. All we can say is we do not have any outstanding royalties to pay to anyone. 2. On Draven Pike's question here just before yours, I answered this question fully. In short, this is one of many potential options. It is not the only option. 3. Shark Wheel's revenue and profits would be much higher if we were only a skateboard company. All focus would only go to skateboarding and the revenues would be higher. The profits would be higher as well because a small fraction of R&D, o...
4. **How much revenue do you expect in 4-5 years?**
   - Hi Umair. This is nearly impossible to predict unfortunately. Anything I write would be a guess. Even large companies that have established year-over-year revenues are frequently off on their projections by substantial margins. Shark Wheel's gross revenues have grown significanly every year. But, the most explosive growth is expected within the next 1-3 years. While Shark Wheel is entering many industries the expectation of revenue between the material handling industry (pallet jack wheels wh...
5. **If you are confident that this is an industry changing idea then why would you plan to sell the company in 4 years? Why are you worried about selling for tax purposes? Shouldn't you be more confident and expect to make so much money that your tax situation won't matter after 5...**
   - Great questions. Floating the idea of a potential exit strategy is just that. A potential exit strategy. We know the product itself is a winner and we are trying to make the best calculated moves every step of the way to maximize its potential. We set ourselves up in 4 years time to accept a buyout of the company tax free up to $50 million if the offer makes sense. If we receive an incredible offer next year, then we wouldn't wait 4 years. If we keep the company for 20 years that is possible ...

## Team
- Zack Fleishman (Chief Executive Officer/Co-Founder)
- Gary Fleishman (Co-Founder)
- Patrice Crenshaw (Director of Operations)
- Istvan Fazekas (Graphic Design and Web)
- David Hafsteinsson (Social Media)
- Todd L Smith (Mechanical Engineer)
- Rikka V (Customer Service)
- Gary Jain (Controller)
- Nicole Ifcher (Advisor)
- Professor Mark Alpert (Advisor)

## Recent posts
- 48hrs Left to Invest! (2026-04-29T17:21:58Z)
- Updates Before Our Round Closes (2026-04-22T20:30:23Z)
- Updates (2026-04-10T01:11:24Z)
- Shark Wheel is building an AI system to focus entirely on sales. The game-plan is to land one Grainger-level deal per month. (2026-03-20T19:18:43Z)
- Fortune 300 Company? (2026-01-29T20:05:37Z)
- “Firestone Ag is committed to delivering best-in-class performance to farmers, and rutting is a major pain point for farmers with irrigation systems. The Shark Wheel provides an inventive, proven solution that can deliver results.” Tony Orlando President, Bridgestone (2026-01-15T21:34:26Z)
- 2025 Year End Update (2026-01-13T20:28:42Z)
- 2026 Investment (2026-01-12T22:49:24Z)
- Shark Wheel applied for a NASA grant and spent two hours reviewing our rover wheel concept with ten NASA engineers. We didn’t win, but their next rover moved in a sine wave—just like our design—validating our performance. It launches to the Moon in 2027. They could’ve saved time and money using Shark Wheels. (2025-11-20T00:06:33Z)
- “Shark Wheel wasn’t designed to compete with the old wheel—it was engineered to outperform it in every environment. Today, we’re evolving from pure R&D into a sales-driven company, with disciplined execution and investor returns at the center of every decision.” (2025-11-20T00:00:04Z)
-  (2025-11-18T23:06:35Z)
- Hi, A few updates for you: Thanks to the great success of the campaign thus far, Shark Wheel has 1. Initiated tooling for its low-cost irrigation wheel to sell for the 2026 farming season. This will be a made-in-the-USA product and marketing has just launched for this wheel as well. 2. Shark Wheel has officially brought on Dan Hernandez to act as Shark Wheel's Chief Development Officer. This is an incentive-based deal. Dan is a proven executive leader with 25+ years of experience in corporate... (2025-11-03T20:51:03Z)
- Email Communication (2023-04-24T20:50:49Z)
- Campaign Closing + Year-End Update (2022-01-24T19:45:07Z)
- Important Update - Confirm Your Investment (2021-07-21T18:09:14Z)

## Q&A
- Q: As a physics grad, I love the concept of the sharkwheel and see many applications for it. I've invested in 3 of your previous rounds. Still, it's a little concerning to see revenue dip and losses widen in 2024, when I'd hoped the agricultural wheels would have had a big positive impact. I know 2025 will have been challenging with tariffs. Could you explain the narrative of what has held you back from scaling and becoming profitable so far, and why you may be close to delivering on that vision? I would consider doubling down on my investments to date if I was convinced there was a clear path to that in a reasonable timeframe.
  - A: Shark Wheel has historically been an R&D company, investing heavily into figuring out how to make our wheels perform better and be cost competitive. Now that we have nearly every application figured out, it is time to monetize all of our past efforts. We have never even had a sales team! We are in the process of building an AI system to run all of the busy work at Shark Wheel so we can only focus on sales. An update is coming explaining the system we are building.
- Q: When can we expect the perks to drop?
- Q: I am having trouble finding your Form C on SEC website or on here. Where can I get this at? All I see is the one from October.
  - A: http://pdf.secdatabase.com/2740/0001670254-21-000839.pdf
- Q: I received an email stating that another round would begin last night and we are less than an hour from the investor meeting with no ability to invest. When will the next round open?
  - A: Hi Andrew - Wefunder's notifications were not being sent to my email to respond. Very sorry about the incredibly late reply. Are you set now? The round is open here at wefunder.com/sharkwheel
- Q: Hi. Could you please post a link or two to your issued/pending patents that have been published? In addition, what other proprietary aspects of the technology do you think would retain customers for Shark Wheel vs alternate lateral motion wheels? Thanks
  - A: Hi, here are a few reasons (scientifically proven and real-world proven advantages) that customers should choose Shark Wheels over any other wheels:(1) In pallet jack/forklift wheels (material handling industry, Shark Wheels last 50% longer because they dissipate heat in a sine wave footprint (the most efficient shape) (2) In casters, Shark Wheels have 57% less friction when in motion making it much easier to push carts, wheelchairs, and other applications that use casters (3) The ability to go over rough terrain is the #1 advantage. The 30 degree approach angle of the Shark Wheel strikes obstacles at an angle and tends to push them left and right out of the way. A traditional wheel acts like a steamroller and tries to go over objects, while Shark Wheels tend to move around them. The angle also reduces shock significantly (think of going over a speed bump in a car an angle to reduce the shock) (4) In farming, Shark Wheels are the only wheels that don't continue to go over the same path. So, they significantly minimize trench digging, which costs farmers a lot of money and time to repair. Trenches also lead to the failure of other equipment (gear boxes, drivetrains, etc.). In the most recent test (funded by the US Government), Shark Wheels dug a 1'' trench, while the industry leading wheel dug a 14'' trench. Regarding patents, here are a few of the links (not all).Original Patenthttps://patents.google.com/patent/US10118439B1/en?q=shark+wheel+david+patrick+sinusoidal&oq=shark+wheel+david+patrick+sinusoidalMaterial Handlinghttps://patents.google.com/patent/US10688824B2/en?inventor=robert+patrick&assignee=shark+wheel&oq=+inventor:(robert+patrick)+assignee:(shark+wheel)https://patents.google.com/patent/US20200070570A1/en?inventor=robert+patrick&assignee=shark+wheel&oq=+inventor:(robert+patrick)+assignee:(shark+wheel)https://patents.google.com/patent/USD898324S1/en?assignee=shark+wheelLuggage Design https://patents.google.com/patent/USD889128S1/en?inventor=robert+patrick&assignee=shark+wheel&oq=+inventor:(robert+patrick)+assignee:(shark+wheel)Printing Tapehttps://patents.google.com/patent/US20190367310A1/en?inventor=robert+patrick&assignee=shark+wheel&oq=+inventor:(robert+patrick)+assignee:(shark+wheel)Mold/Toolinghttps://patents.google.com/patent/US10773424B1/en?inventor=david+patrick&assignee=shark+wheel
- Q: A few question: 1. Have you paid the Sharks back the 500k? 2. Why are you looking to sell the business in approximately 4 years? 3. Given your revenue why is the valuation so high? What percentage of your current revenue is licensing?
  - A: 1. Can't say. All we can say is we do not have any outstanding royalties to pay to anyone. 2. On Draven Pike's question here just before yours, I answered this question fully. In short, this is one of many potential options. It is not the only option. 3. Shark Wheel's revenue and profits would be much higher if we were only a skateboard company. All focus would only go to skateboarding and the revenues would be higher. The profits would be higher as well because a small fraction of R&D, operating costs, and tooling costs would evaporate. Shark Wheel's skate division by itself is highly profitable. In the last few weeks we received about $300,000 in skateboard orders. To date, nearly all revenues have been from skateboarding. But, the decision was made to invest heavily into other industries. The first revenues outside skateboarding hit in 2019, which was licensing revenue from the luggage industry. Our hard work and investment has begun to pay off. Next on the list is our pallet jack wheel. We have spent a tremendous amount of time, effort and funds over the last 4 years to enter the market. Shark Wheel launches very soon (Q1 2020). This is the largest industry (material handling) that Shark Wheel has entered to date. It is a huge replacement wheel industry with many major companies changing their wheels daily on their pallet jack fleets. Although we have not made $1 from pallet jack wheels to date, expected revenues over the next 5 years are expected to be tens of millions. Shark Wheel has invested heavily in solving load wheels (pallet jack and other industries), spinner wheels (luggage, office chairs and other casters), roller conveyance (printing industry and other industries), off-road vehicle (central pivot irrigation and other agricultural uses), etc. Once we solved luggage, for example, we instantly solved several other industries - we are now looking for the best office chair partner. The valuation has been established on Shark Wheel's patent portfolio alone at the onset of the company. Many significant things have happened as we grew, including working with industry leaders, signing licensing deals, growing revenues, strengthening the patent portfolio in over 30 countries, winning government grants, appearing on countless media, hundreds of 5-star verified purchase reviews online, outperforming the circular wheel in University testing over 2 years, and the list goes on and on. Shark Wheel's valuation has steadily climbed over the years since inception. The strength is in Shark Wheel's IP and future growth potential, much like other high-growth startups.
- Q: Have you considered shark wheels on grocery carts?
  - A: Absolutely. We would be a great fit for any type of cart. We need a big partner in that space to make it a reality
- Q: @Douglas Holbrook: Agree. Im an investor in both.
  - A: We will reach out to them.
- Q: Dear Sharkwheel team, you have mentioned in one of your investment mails that an important email from another company will be sent around summer 2025. I did not receive said email. Did I miss anything? With warm regards Jan
- Q: It seems like a natural fit for this company would be with Smart Tire - marry their materials science with your geometric -based engineering. Just a thought. We need to eliminate rubber tires in the world.
- Q: What is the projected gross revenue in 2025 and 2026? Do you foresee operating profitability in the near term?
- Q: How can I sell my shares?
  - A: The best way is to wait until a 'big event'. A liquidation-type event. We are working on that.
- Q: I received an email from Zack telling us to whitelist @colonialstock.com for some information. Have I missed anything? I have not received an email from them as of 8.5.24. Thanks.
- Q: Will the perks ever be delivered or was there a change and we should not be expecting those anymore?
  - A: there was an email sent out a long time ago on this. feel free to email zack@sharkwheel.com please provide your proof of investment so we know which tier you are in, thank you.
- Q: Hey Team, We have not seen any updates shared in a while. Could you provide any information on the progress made since mid 2021 and in 2022? - Thank you
  - A: Hi - we share updates fairly often by email. You may have submitted an email address that you are not checking perhaps? Maybe it is going to your spam folder? Please email zack@sharkwheel.com and we will get it straightened out