 Hi again, my name is Scott Anderson and I am here today to talk to you about Miracle Mets. I would first like to thank everybody that came out today, especially our judges. So let's look at the problem. What is the problem? Well, you're sitting in your hot tub in your pool, right? And you look across and you see this nasty hard water buildup, oil and scum line as well as dead skin on there. How disgusting is that? Absolutely disgusting. So you're gonna turn back the question to me. Well, what do I use? Here's what you use, use Miracle Mets and this is why. So Miracle Mets is an all-encompassing, one-stop shop you don't have to go and get anything else. It includes four disposable mitts, and a chemical that's absorbed into the mitts all within a resealable Ziploc bag. So let's talk about the individual components a little bit. So the mitts themselves are made of a material that's very similar to facial makeup removing pads or acne pads. So disposable, which is an important thing. Again, the bag is made in the USA of A, which is always a plus. And it's resealable, so you take out one mitt, you use that to clean your hot tub, you throw it away and you reseal it and you have three more uses. And then the chemical. This chemical will pack a punch and it will clean the hot tub. That is my guarantee. But here's the thing. It's also green, that's the nice thing about it. It's EPA and green seal approved. And what does that mean? That means that it has reduced human toxicity and environmental toxicity, which is what we want. Oops, it's not corrosive to the skin, which is also a good thing. So let's look at some of the competition. What's out on the market right now? So if you were to go out and buy a hot tub, you'd have to buy chemicals in a bottle already, as well as get a rag, or a mitt, the yellow one on the left is specifically sold up at Cal Spa's in Minneapolis. And I have worked with that. But you still gotta buy a bottle of chemical to clean your hot tub. So prior to getting into your hot tub, you have to go grab the bottle, you gotta find your rag, your sponge, and then you gotta get in there and clean your hot tub. Miracle mitts is so easy, you can pull it out of the bag and clean it while you're in your hot tub. And guess what? I'm sure a few of your parents, you can even have your kids clean the hot tub with it while they're in there too. So what's better than that? The chemical that Miracle Mints uses is also non foaming, which if you're familiar with hot tubs cosmetics, you don't want foaming, it's just kind of a nasty thing to have in there. That's why you wouldn't be able to use a product such as the Magic Eraser on your hot tub. So when you use Miracle Mints, this is what you get. You get a clean hot tub and you're a happy owner. With that being said, you can clean the hot tub with water in or with water out. And that's nice if you're available or not. So with that being said, there was a product on the market that was very similar to this, that was discontinued. Sarah and Vince Webger, owners of Hot Springs Bosn Pool Tables 2, have not purchased a replacement product for that because it wasn't, nothing out there is as good as this. They wanted an all-encompassing product. And they even want something that's gonna work better. With that being said, they've also committed to selling Miracle Mints in their stores. And they have five stores total across North Dakota and Minnesota. But I don't wanna stop there. Different marketing strategies that I'm gonna employ. I'm gonna create custom cardboard displays to put the packets of Miracle Mints in. And when you buy a hot tub, the cardboard box with the Miracle Mints is sitting right next to the hot tub and you're gonna get one of those right when you purchase your hot tub. And that's been a proven marketing strategy of Mark Birdman. My mentor has helped me out with that one a lot. As well as Amazon. I would love to tap into their national distribution and international distribution to get this on and ramp this up to a larger scale company. As well as why not have people who are the professionals cleaning hot tubs and pools using the product as well, which that's gonna increase the volume of product that's moving through as well. All right, so let's define a little bit of what a unit is. A unit is four bags or a one bag with four mitts and the chemical included. One unit is, cost of production is about $3. In the beginning it'll be $3 with larger volumes that'll go down. So we're looking at profit margins of about $8 to $7 further as we go on with larger volumes of production. As well as the cost that I have with that is based on a six times retailer selling price. So I've already counted into a 50% margin for the retailers themselves. So let's look at projections. So in order to start miracle mitts, I need $10,000. With that being said, that includes logo bag, a logo designed for bags and the logo itself. It includes the mitts, the bags and chemical all-inclusive. With that being said, that'll produce 4,000 units. And those 4,000 units if I were able to sell 4,000 of those that'd be a net of $22,000 profit. And that's just a starting point. Sarah and Vince Webker in the past two years have sold 1,200 hot tubs. Even if I was able to get miracle mitts out to 600 of those hot tub owners, that's still 6,000 net or total profit, which is what we want. That's a good market. And I also have connections with the regional rep for hot springs, which is another way to expand miracle mitts out. There's 800 dealers for hot spring spas. So that's just one sort of hot tub brand that won't be sold. There's multiple out there as well. So where's miracle mitts at today? I have the gloves or the mitts, the bags and the chemicals all lined up ready to go distributors. It's more so a financial investment at this point. So with $5,000 today, I would be able to buy all the raw material for miracle mitts and start producing prototypes. I wanna make sure that it works and test the product before I send it out into the market because if I wouldn't use it myself, I wouldn't sell it to you. With that being said, yesterday I sent off paperwork to establish an LLC. This is a very important step for me in establishing a brand name through a trademark. I'm currently working with an intellectual property lawyer up in the cities to establish a trademark as well, which is, I'm excited about that. I'm talking to him on Monday. 99 Designs is what I will be using to design the logo and bags as well. Just a good way to tap into that. So I've committed myself to two gap years prior to going to medical school to establishing miracle mitts and again, $5,000 would really put miracle mitts on the market. As soon as June, July 1st is when I'm looking to have this product out on the market. And really truly, if you wanna get old fashioned American product that's really gonna clean your hot tub and make clean and make leisure not a chore, you know what you need to do. You need to buy miracle mitts. Thank you. Yeah, yeah, definitely. Question on the chemistry of this. You said that the chemistry, make sure that it's non-chorosic. It's non-chorosic. All of that sounds really exciting, but you also said you haven't tested it. Are we sure about the chemistry? Absolutely. So the formula, let me put it this way, the formulation with the chemical, it's, there's a product that's very similar on it that I have, it's basically a prototype cleaner that I will be able to test on. I know that one of the chemicals in there is the surfactant, which causes the foaming. I know I'll have to swap that out, but in terms of everything else, I'll keep that just making sure that it's not foaming. And it's already been proven to be non-chorosive to the skin, so thank you. Great question. Scott, real quick, you mentioned that there was a company in the market that had the product that was discontinued. Could you go into why that's a market validation and not a market transaction? Okay, so the company is called Chemtura. It's a $2 billion company. And basically, and they still sell chemicals in a bottle today, so they're basically competing against themselves by selling the midst of the chemical and the chemicals themselves, and it just really didn't make sense for them to continue on with that when they would make a lot more by just selling one product or the cleaning product, so. What's your manufacturing plan? Great question. Manufacturing plan initially is gonna be assembling it at home, that's gonna be the easiest way, until I expand a little bit bigger, but I do plan to make it automated and grow from there, so. You showed us a financial forecast that presumably was revenue and your profit must be gross profit, $7, $8. Can you talk about some of the other expenses that would be required, like marketing expenses? Marketing expenses might include, again, the cardboard displays, producing those, getting those printed, and it's gonna be one of those kind of things. Talking with my mentor, you gotta go and say, all right, here's everything, and give them a product and a display to say, I'm making this easy for you. All you have to do is set this next to a hot tub and let it sell itself. You don't have to worry about rearranging the shelf space and your chemicals that are already lined up, so. Hey everyone, it's here for Scotty. Thank you.