•Kono Corporation has been designing, developing and manufacturing cutting-edge products based on LED technology for over 7 years. This involves the creation of a bright afterimage, producing images through rotation of an LED arm
•Market size of the automotive industry: There are over 280 Million registered vehicles in the United States; almost 40 million in Canada and some 51 million in Mexico. Every vehicle on the road is a potential target consumer for S Light. Other world markets also represent a great volume potential
•Market growth in motor vehicles is estimated at over 9% annually. With the markets in South America, Africa and S E Asia also growing fast in GDP there will be a consistent worldwide growth, especially in electrical or hybrid vehicles.
•As a manufacturer we expect to generate an average gross margin of over 21% at the distributor level after landed cost. Higher volumes and lower freight costs will reduce total cost and this margin could realistically improve to 25% or more of distributor price. Worldwide target in 12 months 50,000 units or revenue of $ 2,500,000
•With a belated start in November 2021, we were too late for the Xmas market. However, we started the business, exhibited at the AAPEX show in Las Vegas in Nov 21 and won the safety award. Also managed to start in January with Amazon, Walmart, Sharper Image, Hammacher Schlemmer, Trios E-Commerce (distributor), Wayfair and others
•We are seeking funds of initially around $ 300,000 to grow sales and expand our team
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