[Rhodes22-list] the HR 27 or whatever you want to name it

[Ronald Lipton]

An interesting proposal,  couldn't do any worse than my Palm inc. stock
and would sure be more fun.
I am not sure how I would react to having a company managed by a
mailing list (even this one).  I think that the main question will be 
if Stan
has enough time to build R22's, design and fabricate the interior and
spars of a new boat, and keep the rowdy Rhodies in line.

Ron

On Feb 17, 2007, at 3:05 PM, stan wrote:

> Hopefully potential interested Rhodies have now viewed the 27 shell.
>
> Re comments that the elevation appears extraordinarily "high", the 
> List response is correct:  The finished version would be substantially 
> heavier:  More fiberglass, more ballast, have a cabin interior, IMF 
> sails and rigging, power and crew.
>
> Nevertheless, the fact that even then the boat will look like a lot of 
> boat for the money, will be appealing to our market and helpful for 
> our interior designers.
>
> To get more head room, some buyers (including myself) prefer boats 
> with higher freeboard and low cabin trunks, as compared to the 
> alternate look that would provide the same interior headroom:  Low 
> freeboard and a tall, lopsided cabin trunk profile.  This would be one 
> of the "compelling" differences Dave is rightly looking for.   Another 
> is that no competitive boat has 7 foot standing headroom as provided 
> by the 27's unique shallow pop top.  Even with the Rhodes 22's  6'-4" 
> PT, many of you wishing for more headroom, settled for a Rhodes anyway 
> because, although limited to 6'-4", it outclassed the headroom 
> competition.
>
> In attending boat shows all over the country (instead of being 
> represented at shows by dealers - in April we will be in Oakland, 
> California) and selling direct, GB has a huge advantage.  Most boat 
> builders have two good ears.  If a buyer's thinking does not get 
> filtered out by their dealers and does reach the removed busy builder, 
> it is often a case of in one ear and out the other.  We have only one 
> good ear left so all the wonderful buyers'  thinking we hear first 
> hand, gets trapped; many ending up in our current boats, many still 
> waiting in the wings.
> (poetic license, actually I don't have any good ears left.)
>
>
> Here is our preliminary thinking on the financial structure of the 27 
> company:
>
> Capitalization:  $400,000.   Shares:  $10,000   (don't cringe - you 
> will see, how in this proposal, this gets down to where every wannabe 
> can manage to be).
>
> If I modestly value my up-to-date existing contributions of design, 
> engineering and existing molds at $150,000, I end up with 15 shares 
> and there is still a brain for picking, leftover.   The remaining 
> controlling 25 shares can end up going to one member or any number of 
> members up to 25, to equal the remaining $250,000 working capital.  
> BUT, this kind of money is not needed up front.  What is needed is a 
> committed cash flow to carry the project to its internal sales cash 
> flow.   In my proposal, this means that if you want a share or more, 
> your commitment can be as low as $500 or $1,000 a month.
>
> Members can elect to be active or passive, the boat can be built here 
> or anywhere else - China ?.
> Decisions on design, a name, layout and options can be fun.  And those 
> who may sooner or later want to own one of their company's 
> masterpieces, can vote for allowing members to buy at wholesale.  
> (Hey, that could make the share investment end up costing nothing.)
>
> Since my impulse is to continue this on the List line, I am happy to 
> do so.  But since my instinct tells me to contact those who have 
> expressed an interest, directly, I will do that.
>
> In the meantime, since I value the ongoing input that all of you 
> ladies and gentlemen have been positing to this List, I look forward 
> to whatever postings come into your heads re this project.
>
> stan
> __________________________________________________
> Use Rhodes22-list at rhodes22.org, Help? www.rhodes22.org/list
>