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High Production Suction Head
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High Production Suction Head
Versatile Suction Head for Many Applications
This technology features a uniquely designed suction head that eliminates problems typically experienced in alluvial diamond mining, mud, sewerage pumping or dredging operations.
Annual Sales Forecast for USA * Innovation Status Idea
Sales & Marketing
Support Level
Conservative
80% odds
of selling
Most Likely
50% odds
of selling
Aggressive
20% odds
of selling
Development
Status
Proprietary
Protection Status
Concept
Score
Ultra Low $0 $9,500 $62,000 5 of 5
Shipping & Selling
5 of 5
Granted Patent Claims
52
29 is
Average
Low Support $120,000 $320,000 $660,000
Medium Support $980,000 $2.3 M $4.0 M
High Support $2.7 M $6.3 M $10.7 M Remaining Time & Cost to First Sale
Ultra High $5.0 M $11.7 M $19.7 M < 6 months < $10k
High Production Suction Head - Versatile Suction Head for Many Applications
Final Decision Maker: Alluvial Mining, Mud, Sludge and Sewerage Dredging Companies

This new diamond mining technology completely eliminates the need for divers. This new technology can be operated from the boat, and allows mining to take place during hours when normal diving operations are suspended.

By utilizing this technology, mining companies can avoid many of the problems as well as the overhead costs associated with using divers in this dangerous industry. Currently production time is entirely dependent on divers' requirements. Utilization of this suction head can generate greater tonnage than divers and extraction operations can continue throughout the night. Assuming safe conditions, this technology can mine in one 24 hour period what one skilled diver can mine in a month! Further, with this device you can operate in harsher conditions, effectively increasing the days spent mining per year from approximately 100 to 300 or more. Imagine increasing your output by 30 times or more without investing in new mining ships and while reducing employee related costs.

Divers incur more costs than just their relatively large salaries, they also need to be trained and insured; their equipment is expensive, and requires costly maintenance, and the costs and time involved with decompression processes are substantial. Further, divers are more likely to pilfer diamonds than supervised, shore-based employees. On top of all this, divers can only mine during flat sea conditions during the day when visibility is good, and then only for a few hours at a time. This device can operate in rough conditions, day and night, is not as vulnerable to underwater hazards or hypothermia, and can be placed in such hostile environments as under waterfalls and in strong currents, where divers cannot access.

This device penetrates mud and other conglomerate substances by incorporating jets of high pressure water that cut the mud or clay areas directly in front of the suction head.  These lumps of clay and mud are then sucked in and scanned for diamonds. This new technology features high pressure jets inside the suction head.  When the device is blocked, these jets can be activated, removing the blockage in front of the grid. This effectively removes any obstacles within seconds, and production can continue as normal.

This patented innovation has been in use since 2005 off the west coast of South Africa.

$1,500 for One Pump HeadSeeking: Purchase

* Consumption sales forecast. Does not include "Random" events or "Inventory Fill". Forecast is for Year 1 for Large or Year 2 for Small Companies.
  Forecast should be read as ..."With Low marketing support there is an 80% odds of achieving sales of at least...
Listing #: USA.76.042710.004 Page 1 of 5 Date Posted: 2010-05-03
©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911

Report Assumptions and Inventor(s) Commentary
Inventor(s) Assumptions "Most Likely"
Estimate
Confidence Inventor(s) Commentary
Data Source or Basis for Assumptions
# of Possible Final Decision Makers 6,500 10% Based on given data for mineral mining. 
Revenue per First Purchase $15,000.00 10% Initial purchase based on size of mining operation. 
% that will Repeat N/A N/A  
Number of Annual Repeats N/A N/A  
Revenue per Repeat Purchase N/A N/A  
Reseller (Trade) Margin N/A N/A  
Producer Profit (EBITD) 15% 80% Based on given data 
 
Innovation Status
Development
Status
5 of 5
Shipping & Selling
An initial product has been produced in 2005 and is still in operation, a number of improvements to this design has since been identified and incorporated into the current design.
Cost to First Sale (remaining) < $10k 90% An initial product has been produced and is still in operation on the West coast of Africa.
Time to First Sale (remaining) < 6 months 90% An initial product has been produced and is still in operation on the West coast of Africa. 
Confidence in Concept Claims made in description 70% Claims based on actual product being used of the western coast of South Africa. 
Proprietary
Protection Status
5 of 5
Granted Patent Claims
This innovation has been patented and PCT search report results indicated that a strong international patent is probable. 
Concept Score & Diagnostics
Merwyn Concept Score
With Confidence Bands
Pessimistic
80% odds
of at Least
Most Likely
50% odds
of at Least
Optimistic
20% odds
of at Least

37%

52%

67%
Concept Diagnostics Red Yellow Green
Percentile Group Bottom 40% Middle 40% Top 20%
Overt Benefit
Reason to Believe
Dramatic Difference
Listing #: USA.76.042710.004 Page 2 of 5 Date Posted: 2010-05-03
©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911

Inventor Commentary & Alternative Development Scenarios
Inventor(s) Sales Goals
Minimum Goal $- Current GOAL $-
This unique jet nozzle system cuts through clay, mud and previously-unobtainable conglomerated diamond gravel.
Inventor(s) Commentary:
PLEASE VISIT WWW.YET2.COM FOR COMPLETE DESCRIPTION. (ID# 41739)
CURRENT SALES FORECAST
 
Sales & Marketing
Support Level
Conservative
80% odds
of selling
Most Likely
50% odds
of selling
Aggressive
20% odds
of selling
Ultra Low $0 $9,500 $62,000
Low Support $120,000 $320,000 $660,000
Medium Support $980,000 $2.3 M $4.0 M
High Support $2.7 M $6.3 M $10.7 M
Ultra High $5.0 M $11.7 M $19.7 M
If MARKETING CONCEPT Improved
(Increase Concept Score by +20 Points)
Sales & Marketing
Support Level
Conservative
80% odds
of selling
Most Likely
50% odds
of selling
Aggressive
20% odds
of selling
Ultra Low $0 $13,000 $86,000
Low Support $160,000 $450,000 $930,000
Medium Support $1.4 M $3.2 M $5.5 M
High Support $3.8 M $8.8 M $14.8 M
Ultra High $7.1 M $16.5 M $27.4 M
If MARKETING CONCEPT and PRODUCT/SERVICE Improved
(Increase Concept +20 Points, Repeat Rate & Number of repeats by 30% and Revenue per purchase 20%)
Sales & Marketing
Support Level
Conservative
80% odds
of selling
Most Likely
50% odds
of selling
Aggressive
20% odds
of selling
Ultra Low $0 $13,000 $85,000
Low Support $160,000 $460,000 $920,000
Medium Support $1.4 M $3.2 M $5.5 M
High Support $3.8 M $8.9 M $14.9 M
Ultra High $7.1 M $16.4 M $27.3 M
Listing #: USA.76.042710.004 Page 3 of 5 Date Posted: 2010-05-03
©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911

Additional Details
Fair Market Royalty (%)
  Conservative - 80% Odds
Royalty Percentage
Most Likely - 50% Odds
Royalty Percentage
Aggressive - 20% Odds
Royalty Percentage
At CURRENT State & Status 2.4% 3.3% 4.2%
Sales & Marketing
Support Level
Annual Inventor Royalty Revenue 3 Year Value
to Inventor
If 50% Odds
80% Odds 50% Odds 20% Odds
Ultra Low Support $290 $740 $1,400 $2,200
Low Support $4,900 $11,000 $18,000 $33,000
Medium Support $36,000 $72,000 $120,000 $220,000
High Support $100,000 $200,000 $320,000 $590,000
Ultra High Support $190,000 $370,000 $580,000 $1.1 M
Sales & Marketing Support Level Assumptions
Sales & Marketing Support Level Assumptions Sample Numbers
% Aware x
% Distribution
(Aware & Able)
Inventor
Confidence
% Distribution % Awareness
Ultra Low Support
(Word of Mouth)
5% 3% 0.2% N/A
Low Support
(Small Company)
20% 10% 2% N/A
Medium Support
(Medium Sized Company)
50% 25% 13% N/A
High Support
(Large Company)
75% 45% 34% N/A
Ultra High Support
(Mega or Niche)
90% 70% 63% N/A
Graph of EQUIVALENT (Awareness x Distribution) Combinations
NAICS Industry Codes
For This Invention
33313 - Mining and Oil and Gas Field Machinery Manufacturing
33329 - Other Industrial Machinery Manufacturing
 
 
 
Patent Numbers that apply to this Product/Service
 
 
 
 
 
Inventor(s) PEDIGREE
Years EXPERIENCE in related industry 5
GRANTED Patents -
Licensing Deals SIGNED -
Innovations that have SHIPPED -
For USA Patents: Utility Patent = 7 digit number, Design Patent starts with D, Planet Patent starts with PP. Provisional Application "61/xxx,xxx", Non provisional application "12/xxx,xxx", Design patent application "29/xxx,xxx"
CAUTION: This Merwyn Business Simulation Research Report includes no warranty or guarantee. Results and opinions should be considered rough and directional in nature. This is because the report is based upon inventor-supplied data and simplified modeling methods. If you are looking to invest, distribute, purchase or become involved with this innovation, in any way, we strongly urge you to validate the inventor data and sales forecasts BEFORE committing yourself or your resources. Merwyn Research, Inc. shall not be responsible for any liability or damages arising out of the failure to perform such investigation and validation. Changes in the concept description, product, pricing, or input assumptions will almost certainly change results.
Listing #: USA.76.042710.004 Page 4 of 5 Date Posted: 2010-05-03
©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911

Additional Forecasts for Other Countries
Annual Sales - Probability Forecast - Canada
Sales & Marketing
Support Level
Conservative
80% odds
of selling
Most Likely
50% odds
of selling
Aggressive
20% odds
of selling
Ultra Low $0 $1,500 $9,800
Low Support $18,000 $51,000 $100,000
Medium Support $150,000 $360,000 $640,000
High Support $430,000 $990,000 $1.7 M
Ultra High $790,000 $1.8 M $3.1 M
Annual Sales - Probability Forecast - United Kingdom
Sales & Marketing
Support Level
Conservative
80% odds
of selling
Most Likely
50% odds
of selling
Aggressive
20% odds
of selling
Ultra Low $0 $2,700 $17,000
Low Support $32,000 $90,000 $190,000
Medium Support $270,000 $640,000 $1.1 M
High Support $760,000 $1.8 M $3.0 M
Ultra High $1.4 M $3.3 M $5.6 M
Forecast are calculated based on population, (PPP) purchasing power parity, International Trade, Urbanization and the Human Growth Index.
Forecast can be skewed for some industries, so for best results, adjusting the number of final decision makers for every country is recommended.
Listing #: USA.76.042710.004 Page 5 of 5 Date Posted: 2010-05-03
©2008. Eureka! Institute. All Rights Reserved. Patents Granted or Pending Eureka! Ranch International www.EurekaRanch.com (513) 271-9911
©2009-2010. Eureka! Institute. Inc. All Rights Reserved. Used under license by Merwyn Research, Inc. Patents Granted or Pending www.Merwyn.com
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