Future Mobility Solutions - FMS [was Sealegs - SLG]

[Valuegrowth]

Can we expect some development from SLG?

http://www.publicnow.com/view/68094C...A96E13’t see any turnaround situatatiom

Sealegs Secure International Partnership with USA

[RGR367]

Can we expect some development from SLG?

http://www.publicnow.com/view/68094C...A96E13’t see any turnaround situatatiom

Sealegs Secure International Partnership with USA

And just this afternoon on my inbox is this development about them "receiving an order to supply an amphibious tender to super yacht Vibrant Curiosity". This yacht is the latest super yacth to purchase an amphibious tender in what is becoming a valuable emerging market for Sealegs. And some more blah, blah, blah.
Maybe they're into something new again

[Valuegrowth]

And just this afternoon on my inbox is this development about them "receiving an order to supply an amphibious tender to super yacht Vibrant Curiosity". This yacht is the latest super yacth to purchase an amphibious tender in what is becoming a valuable emerging market for Sealegs. And some more blah, blah, blah.
Maybe they're into something new again

Thank you RGR for your response.

[Blendy]

I'm off to the Sealegs AGM this afternoon. I'm predicting the mood will be good on the back of the announcement today of their latest partnership (although I'm not sure how much revenue this will bring in):

Today, at the 2016 Monaco Yacht Show, J Craft, the luxury Swedish boat
builder announced it was to manufacture its first amphibious vessel thanks to
a newly forged strategic partnership with New Zealand based Sealegs, the
world's leading amphibious technology experts.

The striking boat will build upon the formidable reputation J Craft has
garnered thanks to its flagship model, the Torpedo. The vessel will feature
retractable, hidden Sealegs technology, allowing the craft to glide from the
water to the land effortlessly, whether up a beach or a slipway.

Eric Series, Chairman of Sealegs said: "We are excited to build the most
luxurious amphibious craft ever made thanks to this partnership. The Sealegs
100 system the J Craft will use is the most powerful system we have ever
built and will make it more versatile than ever, as well as turn heads."

Radenko Milakovic, Chairman and Owner of J Craft said: "J Craft stands for
Passion, for Grace and for Elegance. Beauty with no limits - now literally!
Thanks to Sealegs and their cutting edge technology only the sky is the
limit!"

[Rep]

You might enquire how the current court action is going?

[Blendy]

You might enquire how the current court action is going?

Will do. No doubt it will come up.

[Blendy]

Cleverly timed AGM with the Boat Show. On my walk here I heard multiple groups of people talking about the Sealegs boat they saw.

[Blendy]

All resolutions passed. Request from a shareholder to hear the directors speak to the meeting before we vote, as it wasn't offered automatically.

Savings being made on supplier costs, and this will continue.

Record sales in nz. Distribution problems in Australia, so disappointing sales year. Stabi craft to be released soon and expect good sales.

Sales to superyacht owners key target.
4 boats at the Monaco boat show right now.

Sales to 5 Malaysian govt depts, so have now moved past their govt procurement so can supply to any depts there.

The fancy j craft boat looks very cool

[Blendy]

Court case: it's on the 28th. Very hopeful of a positive outcome, and want to send a message to the market that Sealegs won't tolerate copying.

[Blendy]

Sealegs attorney is present to answer questions about the case, and explains what copyright infringement is.