Why reinvent the wheel?  For 5,000 years the wheel has been the go-to design for most types of transportation. In fact, no one considered there could be a better design. The circular wheel was always considered the final design with no room for improvement.

Enter Shark Wheel inventor, David Patrick, who refused to accept the status quo. Not only did David create a shape that was drastically different, but he envisioned the shape possessing inherent advantages built into it. His search to improving the wheel was an uphill battle against industries that were not used to change.  He needed to prove his idea was revolutionary.

I met David through my tennis coach who thought I could help him build a business around his invention.  As a former professional tennis player on the ATP Tour for 10 years, I was no stranger to hard work, long hours, and relentless determination. I immediately saw the vast opportunity in joining forces with David to help bring the sine wave wheel to life. I imagined a skateboard company introducing a new wheel where the skater is safer going over debris and other rough terrain. I imagined a farmer whose tractor creates unwanted trenches in the field and being able to help that farmer save money and not dig a trench with our wheels. I imagined a wheelchair user having the freedom to go more places without rough terrain standing in their way. 

Shark Wheel is a company located in Lake Forest, California dedicated to making the most unique, innovative and technologically advanced wheels in the marketplace. The Shark Wheel is flat on six sides and displays many scientifically proven advantages compared to the traditional wheel. Having won multiple international competitions in the skateboarding industry, the Shark Wheel has proven to be a high-performance product. 

The patent pending Shark Wheel is a perfect fit for transportation use including wheelchairs, strollers, wagons, farming equipment, military applications, ATV vehicles, shopping carts, tricycles, hand trucks, printers, toys, iv poles, casters, roller skates, luggage, forklifts, office chairs, wagons, vacuums, hospital beds, ambulance cots, other medical equipment and much more. Please see our Shark Wheel Industrial Products section below to learn more.

I am a passionate entrepreneur whose mission is to enhance mobility and make lives better.  I invite you to join my mission, become a part of the company, and join the revolution that is Shark Wheel. Help us reinvent the wheel and together we will change the future of transportation.

-Zack Fleishman, COO

Shark Wheel Inc is the parent company that holds patents. There is currently one subsidiary that operates underneath called Shark Wheel Skate LLC. All investors will take ownership in the parent company and be a part of every wheel market Shark Wheel ever enters into. Investors will own Shark Wheel Skate and any other subsidiaries that may be created in the future.

Currently, the most likely scenario is to sell pieces of the company. For example, Shark Wheel could sell the rights for its stroller application and receive a large cash sum. But, Shark Wheel would still own 99% of the other markets it wishes to pursue. 

Shark Wheel just converted to a Delaware C-Corp (from a California LLC)  

One of the biggest advantages of the conversion is that it allows Shark Wheel to take advantage of IRS Code 1202.  The conversion starts a 5 year clock that allows Shark Wheel to sell the entire company and allows for profits to be tax free for all investors. 

FedEx Online Commercial 

(Shark Wheel Centric)

FedEx Online Commercial 
(FedEx Centric)

FedEx Online Commercial 

(Newest Video)

Shark Wheel Inventor Discusses 

Origin of the Shark Wheel

Shark Wheel Freeride

(Visionary Theory Edit)

Shark Wheel Montage

(In-House Edit)

Shark Wheel Off-Roading 

(Rider-Submitted Videos)

Signed licensing deal. Smart luggage under the SkyValet brand and under the Harley Davidson brand launched October 2018. 

Our SkyValet luggage is selling here currently, with tens of thousands of units already purchased by distributors outside of this campaign.

SkyValet Features:

• Shark Wheels for swiveling, rough terrain and light weight
• Charge your phone with USB ports
• Double zipper for enhanced security
• GPS tracking - no more lost bags
• Magnetic openings for quick openings
• Built-in scale to prevent overage fees
• Controlled by an app on your cell phone

Also, our Harley Davidson luggage is selling now at Harley Davidson dealers across the United States and here as well.

The most recent to launch is Samsonite golf luggage. Shark Wheel always looks to establish itself with industry leaders. To be associated with the Samsonite brand name that is #1 in the industry is the start of many things to come.

Shark Wheel is in deep negotiations with an industry-leading luggage company after 6 months of successful testing and another large brand as well. Shark Wheel's luggage line will expand significantly in 2019.
Click below to view a video.

Shark Wheel won a government grant through the National Science Foundation in January 2018 . The grant was for $225,000 to develop a state-of-the-art wheel for the central pivot irrigation industry.  After performing extensive customer discovery interviews and graduating through the government's I-Corps program, Shark Wheel learned what the market desires in a wheel:

• Minimize rutting (the industry's largest issue is digging a trench)
• Non-pneumatic tire that can never go flat
• Modular design that makes maintenance easier and more cost-effective
• Enough traction to traverse clay-based and sand-based soils
• Priced with the current industry sweet spot

Shark Wheel hired a company that builds wheels for the Canadian Space Agency to act as a consultant on the project. Together we collaborated on the conceptualization of a wheel never-before-imagined. We are proud to say we spent several months designing, building and testing the wheel and had a very successful test that showed significant advantages over the current best wheels in the market. Shark Wheel filed a patent for this wheel and has applied for Phase II of the grant, which is worth $750,000. The money is used to bring the wheel to commercialization and begin selling it across the entire industry. Shark Wheel has been notified that it will be awarded the $750,000 award (pending audit review) once the government shutdown ends.

Shark Wheel already has a signed licensing deal with one company in the industry and two LOIs with industry leaders.

Retail prices are over $1,000 per wheel. Early estimated annual revenue $10+ million per year. This is a very rough assumption based on current data of selling over 16,000 wheels annually comparable to the leading technologies in the market.

Click below to view the video of the Shark Wheel 

working in soybean fields in the Midwest

Want to Read the Technical Part?

The Shark Wheel is named after the shape of shark jaws and through many iterations, Shark Wheel created another biomimetic design for its tire based on the shape of seagull wings. The flexing non-pneumatic, modular lugs of the tire design approximated the flotation of a pneumatic tire. The sine wave shape of the Shark Wheel was placed in the standard tandem configuration on central pivot irrigation machines and the result was a wheel that did not go over the same track as the wheel in front of it. The front wheel moved left-right-left, while the rear wheel moved right-left-right effectively creating a helix shape in the soil. In contrast to a traditional wheel that continues to move along the same track over and over again digging a rut, the Shark Wheel disrupted the soil in a snake-like shape, while the rear wheel pushed the soil back to where it began. This greatly minimized the industry-wide issue of rutting. Shark Wheel estimates an average farmer can save over $27,000 by switching to a sine wave wheel geometry because of less down time due to flat tires, less rutting and greater crop yield.

Imminent deal expected for 2019 launch. Deep negotiations for a Q1/Q2 2019 release with an industry leader. Nearly 3 years of extensive testing has graduated Shark Wheel to the precipice of a signed deal. Shark Wheel's team flew out to the company's headquarters to finalize deal terms. Shark Wheel has signed an agreement pending customer acceptance testing. The first customer acceptance test has come back from a company in the top 50 on the Fortune 500 list. Their wheels typically last between 50hrs-60hrs of use. The Shark Wheels lasted 90hrs. This test was a wild success and has moved the deal along swiftly. Per the contract, a deal is to be signed no later than February 28, 2019 if customer gives acceptance. Shark Wheel is in constant contact with the company's marketing department to assist in a creative release into the market.

Shark Wheel has already filed a patent for this particular design in the material handling industry.

Shark Wheel has been offered 4 deals and is currently in negotiations. This is a multi-million dollar deal that will reach the market in 2019.

Manual
Shark Wheel believes it has reached the final design (not shown here so right to patent is not violated) and the wheel is currently being tested by an industry leader. Shark Wheel is in development on the front wheels for wheelchairs, which is the first point of contact for the wheelchair user.

Industry leader will begin testing soon for a 2019 launch. Initial tests show ability to traverse rough terrain and ability to swivel better than traditional circular wheels.

Powered
Developing wheel with one of the industry leaders. Licensing deal at 8%. Early estimates from our partner in this industry at 225,000 wheels in year one.

Developing wheel with one of the industry leaders. Licensing deal. Prototype version 1.0 complete, currently going through testing.  

Current ambulance cots have issues going over sand at the beach and traversing other unfavorable terrain. The Shark Wheel is considered an off-road wheel and performs best in challenging environments. 

In the medical industry, Shark Wheel has opted to seek a licensing opportunity. Shark Wheel is not interested in manufacturing in this industry and dealing with strict regulations and testing procedures.

Developing wheel with one of the industry leaders. Licensing deal.

As mentioned above, in the medical industry, Shark Wheel has opted to seek a licensing opportunity. Shark Wheel is not interested in manufacturing in this industry and dealing with strict regulations and testing procedures.

Completed prototype wheel with one of the industry leaders. Only manufacturer we are working with. Makes the majority of the wheels in this industry. Licensing deal. Signed term sheet at 8% royalty. Early estimates are tens of thousands of wheels annually, which is information provided from our partner immersed in the market.

Wheel design not shown below so right to patent is not violated.

Developing wheel with one of the industry leaders. Massive market, countless types of industrial equipment. Various sizes and iterations. Licensing deal.

The pictures of the carts below show our longboard wheel's conversion into a caster for the farrier industry. Heavy-duty metal casters are in development, but are not shown below.

Developing wheel for one of the industry leaders. The goal is to:

• Eliminate need for office chair mat
• Swivel better
• Traverse carpet more efficiently

Early stages of development, estimated 2020 release.

Just finalized wheel design and will be going into production soon. Now accepting orders from retailers for a kids line and a soon-to-be-developed adult line of skates.

Advantages are similar to what is found in the skateboarding industry:

• Less friction
• Tends to physically push small objects out of the way
• Better over all terrains
• Smoother ride

The Shark Wheel has the benefits of a thin wheel and a wide wheel in one shape. The infographic seen here shows how the Shark Wheel has the skinny footprint of the thin wheel combined with the wide profile of the large wheel.

Thin circular wheels: 

Low friction, fast, maneuverable, easy to swivel.

Wide circular wheels:

Off-road ability, load-capacity, lateral grip, longevity.

Shark Wheels:

Low friction, fast, maneuverable, easy to swivel.

Off-road ability, load-capacity, lateral grip, longevity.

Heat - Failure Points

Wheels typically fail in industrial sectors due to heat. Whether its friction, load, or an embedded nail, the failure points become heat-related. Shark Wheels have built-in heat vents that allow heat to escape. A traditional wheel attempts to steamroll over objects - this allows for small objects to become embedded into the wheel and for additional friction and therefore heat to build up leading to failure. Shark Wheel's natural design allows for heat to escape, thereby increasing the life of the wheel. Shark Wheel is in final negotiations with an industry leader in the material handling industry on a multi-million dollar deal.

Aquatic Ability

Amphibious vehicles do not receive propulsion from their wheels. Shark Wheels aim to change that. Traditional wheels simply spin in water and do not provide any forward thrust. Shark Wheel's natural design digs into the water left and right, much like a freestyle swimmer. The alternating movements of the wheel would create the first amphibious vehicle capable of wheel propulsion. This is just one example of many for a Shark Wheel military application. This is a future application Shark Wheel would like to build with the aid of grant funding for the Department of Defense, DARPA, or another government agency.

1. Shark Wheel Skate

• Shark Wheel Skate LLC controls all Shark Wheel skateboard sales
• Nearly all revenue generated from May 2014-Present is Shark Wheel Skate LLC sales
• Over 30% growth year-over-year. New SKUS for 2019
• Distribution in over 20 countries
• 60mm wheels with 2 unique formulas
• 70mm wheels with 3 unique formulas
• 54mm wheels 
• 110mm wheels in development for electric longboards in 2019
• Roller skate wheels in development for the mass market

2. Fathom by Shark Wheel

• Mass market/specialty store arm for Shark Wheel
• Manufactures and sells plastic skateboards, wooden skateboards and wooden longboards at a lower price point. All parts are sourced from China
• Fathom by Shark Wheel was created to enter the mass market at a lower price point without damaging the Shark Wheel brand. Wheels will have the same shape, but will say Shark Wheel Jr. or Fathom by Shark Wheel (which is now trademarked) on the side of the wheels and/or packaging
• Fathom by Shark Wheel is currently seeking purchase orders from many other retailers around the world. Shark Wheel Jr. is already in Walmart and Fathom by Shark Wheel just received its first order from Big 5
• Fathom by Shark Wheel's products are sold domestically and internationally
• Selling OEM to various companies since 2017
• Partnership with KaZAM, another Shark Tank alum. KaZAM placed purchase order of 16,900 Shark Wheels in June 2017 and 9,600 complete boards in early 2018. More orders expected in 2019

Although there appears to be a countless variety of wheels in the world, many markets overlap. For example, once we finish the development of the wheelchair wheel we will be able to sign licensing deals for wheelchairs, casters, lawnmowers, hospital beds, strollers and numerous other markets. They all use the same wheel. Investment funds will immediately be used to accelerate the development of wheels across industries.  The future of the company lies in exploiting our patent into as many markets as possible. This is the primary use of funds. 

Shark Wheel was placed in an 800 store test with Walmart in 2018. The first shipment to 400 stores was in the Spring. Walmart completely sold through over 4,000 skateboards by the Summer. The next 4,000+ skateboards were placed into another 400 stores for the holiday season. Shark Wheel sold through 62% of its stock over the Black Friday weekend. We are expecting to be in approximately 4,000 Walmart stores in 2019 and are awaiting a purchase order for nearly 30,000 skateboards soon. Funds will be used to fulfill this order.

Shark Wheel prototyped and is currently taking purchase orders for wagons. Most people are familiar with the two hot-selling wagons in the market - the foldable wagon and the foldable beach wagon. Funds will be used to build the production molds.

Shark Wheel just received over $200,000 in purchase orders. Another $500,000 in orders is expected in the next few months. To fund these purchase orders, Shark Wheel must place deposits. The large companies placing these orders ask for terms. Shark Wheel must be financially healthy enough to finance hundreds of thousands of dollars in orders. While this is a great 'problem' to have, the situation will only escalate in Q2 2019 when massive purchase orders are placed for our pallet jack wheels.

Molds must be paid for in advance of production and molds can cost upwards of $500 each. 100 molds are requested by each manufacture to bring our cost-per-wheel price down and to streamline the production process. That is $50,000 worth of molds every time we go into production on a new wheel. Some of our partners will be paying for the molds per our deal terms, but some will not. The aforementioned material handling industry multi-million dollar deal is with a company (cannot name per NDA) that will be paying the bill for Shark Wheel molds.

Filling these large purchase orders will be easy to do once we get a few completed. We will have enough money in the bank to fund these endeavors purely off of profits. We are setting up meetings with banks now to fund these orders in the interim.

Shark Wheel has primarily been a Research and Development company since 2014. Entering the skateboarding industry was the ‘low-hanging-fruit’. It was a market with a low barrier to entry, a market in which consumers purchased wheels as a standalone item, and a market to act as a proof of concept. Shark Wheel proved the interest in the market and that the wheel is truly high-performance by winning several international competitions. Entering the skateboarding industry was also a way for Shark Wheel to pay the bills early on. Initially, it was a necessity for Shark Wheel to prototype various wheel sizes in different industries. There was much to learn about how a sine wave shaped wheel works under load, while swiveling, with different amplitudes and frequencies, and in various sizes and iterations. Shark Wheel had to prove though scientific testing and real-world testing that the shape worked well and using certain factors, outperformed the circular wheel.

Shark Wheel has completed products for skateboard wheels, longboard wheels, luggage wheels and pallet jack wheels. Shark Wheel plans to extrapolate its current designs to enter other similar industries. There will not be a need to continue prototyping any further for these congruent uses. For example, now that Shark Wheel completed its luggage wheel, it feels confident it can immediately license its technology to an office chair company without the need for further prototyping. The wheels in these industries are very similar and Shark Wheel plans to sign paperwork with all conceivable industries that would use an approximate 58mm wheel in a similar configuration. Even industries that scale up or down the size of the wheel in a similar configuration would work as well. Shark Wheel plans to sign licensing deals with scooter companies and other industries that use wheels similar to skateboard wheels. There would be no delay here either, as the design is considered final. No further prototyping is necessary.

The same can be said for pallet jack wheels. Any industrial application that uses a remotely similar wheel is ready for market with a Shark Wheel. The markets are vast in the industrial sector. Once Shark Wheel finishes prototyping its ambulance cot wheel, the market possibilities open up greatly. Dozens of industries use this particular configuration and Shark Wheel plans to exploit the completed design in as many industries as possible, as quickly as possible.

There appears to be countless markets that use a wheel. In fact, there are over 100 products in the industrial sector alone. It is important to note that Shark Wheel does not need to prototype for each use. As explained above, once key wheel sizes and/or configurations are prototyped a flood gate of markets opens for licensing deals. It is difficult to forecast Shark Wheel’s revenue with any accuracy because licensing deals are expected to fall like dominos once each key wheel size is complete. The initial four wheel configurations are complete. Additionally, once the public sees the Shark Wheel on the many products about to reach the market, other companies will move swiftly to add the cutting-edge technology to their product line. Shark Wheel believes it is on the precipice of an explosion.

• Skateboarding and roller skating are the only markets that Shark Wheel will build a brand, manufacture and warehouse inventory.

• Shark Wheel will license its technology to the vast majority of industries.
• Shark Wheel will license to companies that have specific testing requirements.
• One example is the ambulance cot company (name withheld for disclosure purposes). They requires high-level medical testing equipment and Shark Wheel will not do any forms of additional testing.
• Markets in which the wheel is assembled at the same factory as the final product.
• One example is Athalon (name included because deal is signed). Athalon has already put Shark Wheels on Harley Davidson, Samsonite and SkyValet branded luggage.
• Industries that do not have a replacement wheel market.
• One example is strollers. Consumers do not replace their stroller wheels.
• Shark Wheel will license its technology to companies

• Shark Wheel will only manufacture under certain conditions.
• Each company must agree to warehouse Shark Wheel’s manufactured product in order for Shark Wheel to sign a Master Supply Agreement.
• Shark Wheel will not obtain large facilities to warehouse large amounts of inventory.
• Shark Wheel aims to work primarily with #1 or #2 in each market and sign an exclusive agreement.
• Shark Wheel will determine on a case-by-case basis if it is more advantageous to manufacture or license.
• Shark Wheel will arrange terms with the manufacturer so Shark Wheel does not need to float funds for inventory purchases.

The following are projects that Shark Wheel has signed terms sheets with/in talks with that have been put on hold until the above projects have been completed:

• Wagons - wagons were just recently activated and we are securing purchase orders now.
  
  
• Kayak/Stand Up Paddle Carts - one of the industry leaders.
  
  
• Office Chairs - one of the industry leaders, prototyping just activated
  
  
• Military Cases/Coolers - one of the industry leaders.
  
  
• Oil/Gas Industry (Roller Conveyance) - one of the industry leaders.
  
  
• Vacuums - one of the industry leaders.

The following are markets that Shark Wheel has identified an advantage in, but currently has no traction.

• Strollers
• Walkers
• Shopping Carts
• Golf Carts
• IV Poles
• Hand Trucks
• ATV Vehicles
• Military Vehicles
• Printers
• Gym Equipment
• Planetary Rovers
• Tractors
• Tricycles
• Toys

The Shark Wheel has been scientifically tested at the San Diego State University Mechanical Engineering Department. 

In apples-to-apples testing, The Shark Wheel was found to have a 15% longevity and 15% speed advantage. Also, frictional tests were performed and some of the data is seen below showing a significant advantage compared to a traditional wheel.

Tests were performed and the testing rig (seen above) was designed and constructed by a team of engineering students at San Diego University, Mechanical Engineering Department. Testing has been completed as of December 2017.

The dynamic testing outlined in the following report was conducted at approximately 720rpms(17mph).

Media

• Aired on the most watched season finale in Shark Tank's history. Over 10 million Shark Tank viewers to date

• Aired on Discovery Channel for reinventing the wheel

• Filmed and aired on Galileo TV in December 2016 (Discovery Channel of Germany)
• Aired tv show, Xploration on FOX
• Aired on 3 FedEx Commercials to date that can be seen above in the media section

Intellectual Property

• Issued patent. Shark Wheel received its US patent in October 2018. Originally filed in November 2012, Shark Wheel filed a continuation to strengthen its patent and finally received issuance
• Issued patent. Shark Wheel received a patent from its filing in China
• Filed for a farming wheel patent
• Filed for a luggage wheel patent
• Filed for a pallet jack/materials handling industry patent
• Patent filed in 30+ countries for the wheel.
• Patent filed for the mold.
• Trademark issued for Shark Wheel (for skateboard and roller skate wheels) in the United States and in China. 
• Trademarks issued in United States for multiple industries (including lawn and garden, wheelchairs, ambulance stretcher, forklifts, pallet jacks, hospital beds, etc).

Partners

• In talks with over 10 major companies to put Shark Wheels on their products. Development deals, term sheets signed, licensing agreement signed.
• Partnered with KaZAM, another Shark Tank alum, to create youth skateboards for the sporting goods industry. Product expected to be in 4,000 Walmart locations in 2019.

Miscellaneous

• Averages close to 90,000 www.SharkWheel.com page views per month in peak season. 18-24 largest demographic
• Secured investments at $10 million valuation in 2014
• Secured investment from our law firm Wilson Sonsini (Google, LinkedIn, Tesla, etc.). They are of the largest law firms in the country and rarely invest in their clients.
• Scientifically proven performance advantages (at SDSU, see scientific testing below). Friction, speed, longevity, off-road performance, load.
• Paid for over $100,000 worth of wheel molds that have already been amortized.
• Secured a combo space (offices, warehouse, showroom)
• Built an extensive database of over 40,000 active email subscribers
• Created a prototyping division that secures signed prototyping contracts from major companies
• Won a FedEx small business grant (1 of 10 companies in the United States). FedEx has released three online FedEx-Shark Wheel commercials with over 2 million views
• Hundreds of 5 star reviews across Amazon for Shark Wheel’s skateboard line
• Created a tremendous buzz in the longboarding/skateboarding industry
• Won multiple international skateboarding/longboarding competitions
• Secured numerous international distributors
• Won SBIR NSF Phase I grant in January 2018 ($225,000)
• Notified that we will win Phase II grant in January 2019 once government shutdown ends (pending audit)
• Shark Wheel's inventor, David Patrick, wins Orange County's Innovator of the Year Award for 2018
• Roller skate, wagon, pallet jack set for 2019 release
• Scientifically proven advantages for friction, speed, longevity, load capacity and off-road ability

The Shark Wheel was invented by David Patrick. The sine wave shape was a repeating pattern that David discovered all throughout nature and is nature's preferred choice of motion. The sine wave can be seen in how snakes slither, fish and sharks swim, how the planets rotate around the sun, and even how humans walk with an alternating gait. The Shark Wheel name came from the wheel's identical shape to a shark's jaw (picture seen near top of campaign). 

Shark Wheel launched through a Kickstarter campaign in June of 2013. Shark Wheel’s fundraising goal of $10,000 was reached in 72hrs, finishing with $79,300 in a 30 day run. After the successful campaign, it took the company 7 months to solve the molding issues that prevented mass production. It was one thing to reinvent the wheel, then the company had to reinvent the mold, which is now patent pending. 

Shark Wheel is able to pay the same price per wheel as any other wheel company. There is no price penalty or time penalty for any company choosing to use Shark Wheel products. For a company to violate Shark Wheel’s patent and produce Shark Wheels in mass production successfully would be a massive undertaking that would prevent any copycat manufacturers.

Shark Wheel has issued patents in the United States and China. Shark Wheel is patent pending in over 30 countries. Investment funds will be used to continue to strengthen the patent portfolio. Funds will also be used to file more patents for new innovations and iterations. The inventor and CTO, David Patrick, already has next-generation versions of the Shark Wheel ready to be patented. Before prototyping and release, the first course of action would be filing a patent to achieve a patent pending status. Shark Wheel version 2.0 patent will be filed with investment funds. Pictures are not available at this time, as version 2.0 pictures released publicly before the filing date would violate the right to patent.

Shark Wheel already has one issued trademark in the United States and one in China for skateboard and roller skate wheels. Other trademarks are pending in many industries including forklifts, pallet jacks, medical equipment, wheelchairs and others.

2018 patent filings: 

• Filed for a farming wheel patent
• Filed for a luggage wheel patent
• Filed for a pallet jack/materials handling industry patent

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