Invest in Shark Wheel

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

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 Patentpatents.google.com/p…+sinusoidalMaterial Handlingpatents.google.com/p…=shark+wheelLuggage Design patents.google.com/p…hark+wheel)Printing Tapepatents.google.com/p…ssignee=shark+wheel

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.

The best way is to wait until a 'big event'. A liquidation-type event. We are working on that.

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.

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

Hi Varun, 2021 financials are still being calculated and are not due to the SEC until May 1, 2022. But, early calculations show over $2M. 2022 revenues are expected to increase significantly with the direct-to-Walmart in store program, the commercialization of our farming wheel among other factors.

Hi. We will do smaller email updates and a larger year-end update.

Great question. The limitation is that Shark Wheel does not do well leaning/tilting. We have identified motorcyles, bicycles, rollerblades and 2-wheeled scooters as markets we do not plan on entering. We have not pursued the automotive industry because we hear that it can take over 7 years to be approved by the Department of Transportation. It is a long-term play and not a 'low hanging fruit' for us. We have applied for a government grant for military aircraft, but did not win the grant. We have won 3 grants through the National Science Foundation however.