ProTekt Tools Corp

Industry:   Specialty Tools, Tape Dispensers for use by painters for application of tapes (masking). US Paint Industry was $40.2 billion in 2023. US Tape Dispenser market is $719.5 million of which hand-held dispensers share is $410 million. Global Masking Tape Market was $3.1 billion in 2022 of which US Market was $213 million. Our target segment is double-sided masking tape users who spent $1.5 billion worldwide, roughly half of the masking tape industry as well as masking tape consumers who regularly buy a wide variety of masking tape to use on our tools. ProTekt will be selling consumables, tapes, plastics, etc., that are associated with the industries and markets we serve.

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Market Opportunity: Double-Sided Masking Tape is a preferred product for many applications to save time and labor, but it is considerably underused due to significantly higher cost, limited varieties and difficulty of access. There are no other hand-held masking tools that create double-sided tapes using common, readily available tapes. There is a clear need for a better tool that does not require inventory of double-sided masking tapes and is affordable. There are at least 1 million professional painters in the construction, repair, and remodel industry alone in the US that we consider as highly motivated buyers. At $60 per unit, that is a $60 million market in the US and over $1 billion worldwide. In addition, the market need for two-sided adhesive tapes for other industries like automobile painting and hazmat control would enlarge the opportunity.

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ProTekt Tools Corporation: The Inventor, Founder, Shadrach Gibson, with 30+ years of experience in the construction, drywall and paint industries, obtained utility patent #9,159,377 in 2015 and started product development. With support from a strategic manufacturer, the DoubleTaper branded product was commercialized in 2023 successfully and has sold over 6000 units of its first model. A new improved, lighter weight model has been designed, prototyped and tested, ready for production.

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Key Achievements:

·Unique product. It takes two rolls of common, readily available tapes and creates one double-sided tape on the spot. Different kinds of tape can be used to customize the adhesive properties on each side. Tested in the market with excellent reviews and proven demand.

·Manufacturing and engineering by a strategic supplier: Stephen Chen, owner of Disston Tools, USA based in Massachusetts that was founded in 1840. Our product is currently manufactured in China at Suncraft International, also owned by Stephen Chen.

·Distribution and sales in Sherwin-Williams and other retail outlets and through our website, www.protekttools.com and Amazon. Gross Revenues as of Jan 1, 2025, are $332,900.

·Limited Debt. Supply agreement for short term inventory is in place with manufacturer.

·Buyer Awareness has been achieved through exhibiting at trade shows, creating plentiful video content, advertising campaigns, social media, video testimonials from influencers who have helped generate millions of views of our tools.

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Funding: PTC is seeking an equity investment of $500k for 20% of Common Shares. First $100k for 10%

(Investments less than $100k are welcome but any investments cannot exceed 10% of net worth which excludes real estate equity.)

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