In a time when higher medical quality demands are needed for a lower cost to the patients
and better improved tools for the Medical Doctors and Physicians; is demanded by
the Medical field.
The Population is growing faster and the number of Medical Students in school are less per
Wall Street and other resources, the demand is greater then ever.
That is why this advanced medical project, is needed and will meet and/or exceed the
quality tool that Medical Doctors and Physicians require and at a lower costs to patients.
The need for cheaper medical tools that reduce the ever growing Healthcare Explosion;
Demands.
Company Name: Is a new startup, (World Wide Retinal Imaging) DBA in Williamson County,
TX USA
(USA - Central Time Zone - If calling, Please call during my day time hours)
The main activities will be:
First, Develop Imaging Software For The Twenty-Nine (29) Diseases
Second, Marketing In USA, Then Worldwide
Third, Establish Medical Lab Service Facilities In Major Cities Around The World.
Duane F. Harvey; the Sole Owner (100%) - Texas 78641 USA (512) 260-0001
Duane F. Harvey; Secretary & Board Member, acting - Chairman of the Board, CEO, and President
01. Neoplastic Disease | 16. Liver Dysfunction |
02. Neoplastic Disease 1 | 17. Arthritis, Joints |
03. Hypoglycemia | 18. Atherosclerosis |
04. Anemia | 19. Arthritis |
05. Macroglobulinemia | 20. Rheumatoid Arthritis |
06. Diabetes | 21. Gout |
07. Diabetes, Chemical | 22. Hemorrhoids |
08. Diabetes, Juvenile | 23. Dystrophy |
09. Diabetes, Mellitus | 24. Neoplastic Disease 2 |
10. Diabetes, Brittle | 25. Hodgkin's Disease |
11. Pancreatic Myxedema | 26. Gall Bladder Disease |
12. Septicemia | 27. Osteomyelitis |
13. Hepatic Cirrhosis | 28. Hepatitis |
14. Renal Dysfunction | 29. Hypertension |
15. Liver Cirrhosis |
The marketing of the services, like any other service, is based upon the customers needs.
1. Infectious diseases and aging is ever growing in our world. Need more Medical Doctors.
2. A growing number of lawsuits for the Medical Doctors and lawsuits are why Medical
Doctors want more tools; like this to help them make a better decision.
3. Cities with over 100,000 populations as of today, is 244 cities or 25% of USA
population.
4. The 244 cities have about 75,092,163 of USA populations.
5. Percentage of 1% of doctors is 750.9 (.025%) of the 25% of USA population.
6. The bottom 75% of USA population is 219,921,793, which are cities of less than
100,000 populations.
7. Real market is the whole world, but starting with the US.
There is a very great market in Canada, Western Europe, Asia, Japan, South America, and
other countries that quickly approve a lot of products, equipment, and devices.
But the best judge of the product or device is the Medical Doctors.
The European Union (EU) maintains strict quality-control standards for medical devices,
including extensive reporting requirements, but does so with very little government
involvement. Like our process, which is a low risk product or device, can be marketed
under a self-certification system.
Market Snapshot:
1. Number of Medical Doctors in USA per the 1980 census was about 430,000 Doctors.
(We are being real conservative with the data) (2006)
2. Then remove about - 30,000 specialists, which leave about 400,000 Doctors in USA.
3. To be more conservative, take only one (1%) percent, that equals about 4,000 Doctors.
4. Then, take only one (1) patient in the morning and one (1) in the afternoon or
two (2) per day or ten (10) patients per week.
5. So, 4,000 Doctors times 10 patients per week equals 40,000 patients per week.
6. We will bill the Doctors Fifty ($ 50.00) dollars per patient for our services.
7. Then, $ 50.00 times 40,000 patients per week equals $ 2 Million per week, or
$104 Million per year.
We know that the need is there, for companies like ours to get started before others
jump onto this bandwagon.
At this time there is no competition, and the company plans on aggressively capturing
a dormant market share of this emerging start-up niche.
If a competitor get this idea out there first, that just shows the need is real.
If they get FDA approval, then ours will be easier to do.
If they get Medicare approval, then ours again will be easier to do.
If they get out there first, means that we will not be able to make over trillions of
dollars, maybe we will make only hundreds of billions of dollars.
Just like different car dealers make billions of dollars.
The retinal camera, the computer, the disease patterns, the Medical Doctors, the patients are
not unique, only the software that we write is patentable.
We are not going to use there software and they will not use ours.
Just like IBM software is different from Microsoft software and others software.
They are all patentable in there own way.
I see no real problem.
There will be a full time staff and a temporary staff, plus professional consulting
individuals and services as needed.
University and College students with bright new ideas will help push this idea to
the future.
The company's plans are to hire consultants and temporary personnel and then hire
highly qualified personnel from the temporary group.
Here is a list of some Professional and Technical Consultants (We can find many more
consultants like them.) that are willing to assist this project in the development of
the software.
a. Frederick J.G.M. van Kuijk, M.D., Ph.D., Assistant Professor of Medical
Biochemistry
Stanford University School of Medicine, California
Strong contacts with Lions Eye Bank in San Francisco
Montana Eye Bank Foundation in Missoula, Montana, (Has moved to Huston, Texas)
b. Michael Gaynon, M.D.
Stanford University School of Medicine, California
Department of Ophthalmology
c. Christopher S. Sherman, CRA, RBP, HCA
Director Medical Photography/Illustration
Swedish Medical Center/Seattle, Washington
d. Thomas Gregory Quinn, M.D., Post Doctorate Fellow
Stanford University School of Medicine, California
Center for Research and Disease Prevention
Cardiology at Oakland Cardiovascular Group
e. Christopher Ta, M.D., Assistant Professor
Stanford University School of Medicine, Department of Ophthalmology
Corneal and External Ocular Disease, Refractive Surgery
B.S., University of Minnesota
M.D., University of Minnesota
Residency, Stanford University School of Medicine
Fellowship in Cornea, External Diseases, and Refractive Surgery, University of Texas
f. Doctor Kuldev Singh, M.D., Assistant Professor of Ophthalmology,
Director, Glaucoma Service, Stanford University School of Medicine,
California, has highly recommended Doctor Christopher Ta, M.D.
There are many additional support letters.
Evaluating This Great Company:
Desired Funding Needed : $250M
Net Profit Margin (%)
Yr-1
Yr-2
Yr-3
Yr-4
Yr-5
Yr-6
Yr-7
Yr-8
Yr-9
Yr-10
0.000
0.000
0.373
0.474
0.467
0.498
0.520
0.528
0.538
0.544
$250M is needed to develop the software and market the services, before our competitors
catch on to the idea.
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115,024,861)
(121,834,354)
(12,602,232
The Company is seeking Start-up Funding $250+ million of outside equity
capital, to develop software for the prototype and then ramp up for production of the
Lab Services.
First year ~ ($115,024,861), Second year ~ ($121,834,354), and Third year ~ ($12,602,232) = $249,461,446 Total.
The Company may need additional funds due to unknown setbacks for software development,
staffing, equipment, supplies, building space, consultants, FDA & Medicare approvals,
patents, and etc. for the Production phase.
Simple ROI at 5th year is $3,775,832,708 after taxes / $249,461,446 = 15.14 times the
initial investment.
Future Valuation at 5th year is $503,444,361 at Investor's Share of 49.55%.
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Funds Needed for a Greater ROI: ($ 250,000,000 Total USD)
Future valuation in 5th year after taxes at 55% = $ 3,775,832,708
Future valuation in 6th year after taxes at 55% = $ 11,876,544,565
Present value in 5th year at 50% after taxes (7.6 Present value factor) = $ 503,444,361
Present value in 6th year at 50% after taxes (11.4 Present value factor) = $ 1,319,616,063
Initial funding of $ 249,461,446 / Present value of $ 503,444,361 = 49.55% Investor % Ownership
Initial funding of $ 249,461,446 / Present value of $ 1,319,616,063 = 18.90% Investor % Ownership
Simple rate of return (ROI) at 5th year is $ 3,775,832,708 after taxes / $ 249,461,446 = 15.14 times the initial investment
Simple rate of return (ROI) at 6th year is $ 11,876,544,565 after taxes / $ 249,461,446 = 47.61 times the initial investment
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Year: Funds Needed Per 6 Months: $250M , If done by stages:
First 6 Months: (74,139,652)
Second 6 Months: (40,885,209)
Third 6 Months: (57,034,497)
Forth 6 Months: (64,799,857)
Fifth 6 Months: (12,602,232)
Grand Total = ($249,461,446)
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Plan A:
Self-Liquidating funding and Guarantor needed is $250,000,000.00
Plan B:
Project Equity Funding (VC or VC's) needed is $250,000,000.00. (See above break down of
every 6 month funding.)
I am willing to negotiate the equity investment percentage. (I would like redeemable
equity shares.)
Plan C:
Project Loan Funding needed is $250,000,000.00.
I need a grace period for three (3) years for interest and principle for the software
development and startup marketing penetration, before revenue starts.
Then, I need 15 years or more for loan.
Plan D:
Project Loan Funding needed is $250,000,000.00.
If no grace period, then I need $250,000,000.00, plus, extra funding to pay the interest
and principle during the three (3) years for development stage.
Then, I need 15 years or more for loan.
10.00% Duane Harvey % Ownership
15.00% Future Investments or Loans
10.00% Employees Incentives
65.00% Investor % Ownership
100.00% Total %
Example Only:
There is no collateral, guarantees, securities, or guarantors.
I have spent over ten thousand dollars and tens of thousands hours of time when I was
working, on the project to develop the business plan, concepts, and/or etc.
I have talked to over 50 Hospitals and hundreds of Medical Professionals and Doctors
across the USA and the needs are great.
I am not working at the moment and I am getting Social Security Disability Insurance, now.
I have the complete files for $250M available upon request (PDF).
Business Plan $250M:
Pro Forma Plan - 10 Years:
Executive Summary: (Long)
Executive Summary: (Short)
Duane Harvey - Resume:
Medical Professional Consultant's Data:
Marketing Field of Doctors per Population USA:
Professional Engineering & Development - Project Experiences:
WWRI - Company's Resolution:
ESL/TRW - Saved Millions on Designs Issues for Black Hawk Helicopter and Others:
History of Past Professional Business Cards:
World Health Organization - Physicians & Doctors by Countries:
More Imaging Tools are Needed in Pharmaceuticals:
Recession Proof Fields:
For Investor's - Facts to Reduce Risk Concerns:
Investment Incentive Table:
Eye Banks and Universities: