SnapLock Inc. Green Statistical Information

Green Statistical Information

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Let X = Weight of tool cord (10ft) @ .1lb/ft = 1lb

Let Y = Weight of 1 barrel of oil, 300lbs

Y = 300 = 300 cords/barrel

X 1

Let W = Average number of tools owned per person, 4

In retrofitting we achieve:

4 x 6 1/2 ft (cord saved) = 26 ft

If each SNL cord is 8ft then you still save 18ft per client

At year 3:

Let A = (current projections we retrofit) 400,000 tools

A = 100,000

If each client saves 1.8lbs of cord which equates to 180,000 lbs saved

If we assume that 75% of the cord is rubber, 25% is copper, and 5% is other, then:

180,000lbs x 75% = 135,000 of rubber (Z)

Savings per year:

Z = 450 barrels of oil

To show the greater effect this savings can have we explain the possibilities in the New Tool Market:

100,000,000 tools a year sold = approx. 25,000,000 clients

25,000,000 x 18ft = 450,000,000 lbs of tool cord saved

450,000,000 ft x 0.1 lb/ft = 180,000,000 lbs saved annually

45,000,000 lbs x 75% (amount of rubber in cord) = 33,750,000 lbs saved annually

33,750,000 = 112,500 barrels of oil a year saved

300lb

It's clear that the development of this product can reduce the amount of oil consumption not only for the U.S. but for a greater worldwide market as well.