Road Badger: The Business
Road Badger Inc. was initially incorporated as LCI International Inc. by Certificate of Incorporation issued pursuant to the provisions of the Business Corporations Act (Alberta) on August 22, 1996. The name of the Corporation was changed to Road Badger Inc. by Certificate of Amendment dated June 22, 1998. The registered office and records office of the Corporation is located at 3200 Manulife Place, 10180-101st Street, Edmonton, Alberta T5J 3W8.
The Road Badger is a unique, highly versatile patented (both methodology and apparatus) piece of road restoration equipment. It is used for dirt, gravel, and lightly surfaced road product rehabilitation, road material aeration, redemption and conservation as well as the blending of road binders, surfacing materials and dust abatement products into travelling surfaces.
Management believes that demand for its patented product will continue to increase exponentially as consumers, contractors, corporations and government administrators (cost accountants) become educated and familiar with the cost savings and social benefits attainable by using the Road Badger. The ability of Road Badger Inc. to continue to better the cost, quality and service of its product will also be instrumental in its marketing success. Road Badger is establishing a business plan of marketing to end users and through existing distribution networks.
In 2004, a production unit was assembled reflecting the finalization of the drawings, specifications, manufacturing process, factory testing procedures and component selection. The completion of this process, as well as a successful round of in-field testing, has now moved us into the commercialization phase of our business plan.
The core business of the Corporation at this stage includes further minor development of the Road Badger business system, but primarily deals with the inventory capitalization and commercialization of the Road Badger in order to move ahead into full "Operational Status", The intention of Road Badger is to sell both directly to end users and/or through designated dealers, and to be established world wide.
Transportation Association of Canada (TAC) accepted a paper presented by UMA engineering at its October 2004 Annual Meeting in Quebec City, Canada, which emphasized the economic and environmental benefits of utilizing the Road Badger in gravel and low volume road maintenance programs.
Notably, the Alberta Government has indicated that the Road Badger is a “viable piece of equipment” and “addresses many gravel road maintenance concerns in a cost effective manner”.
From the testing by Encana in the summer of 2002, the Road Badger was noted as having significant economic and environmental effects. Encana has agreed to support the commercialization of the Road Badger within applicable applications and has introduced the Road Badger to various government authorities in Canada and the United States, various First Nations as well as other major Oil and Gas Corporations. Addtionally, Encana has facilitated the purchase of two Road Badger units, one for its Pelican Lake operations in Northern Alberta, and an additional unit for its operations in Northwestern Ecuador.
Road Badger’s long term objective is to sell units and tools to end users, creating and establishing working relationships with numerous equipment dealerships across North America initially, and ultimately throughout the world.
It is the intent of Road Badger to continue to utilize third parties to manufacture the Road Badger with the corporation focusing on consumer education, quality control, sales, service, maintenance and training.
Ultimately it is the intention of Road Badger to initiate steps to become a reporting issuer and listed on a major stock exchange. It is hoped that our next Offering Memorandum will be fully subscribed for, and that Road Badger will meet the criteria for a formal listing without the need of issuing further shares from treasury thereafter.
Patents and Trademarks
The following table illustrates the status of the Corporation's patents as of April 2005. Applications were made through the company's patent and trademark lawyers.
|235-01R||US 5,795,096||Road Resurfacing System||09/09/96||08/18/98||Issued||02/18/14|
|235-02R||CA 2,184,950||Road Resurfacing System||09/06/96||08/31/99||Issued||09/06/12|
|235-03R||CA TMA541,230||ROAD BADGER||04/08/98||02/16/01||Registered||02/16/16|
|235-03US||US 2,593,361||ROAD BADGER||09/22/98||07/16/02||Abandoned||07/16/12|
|235-04R||US 6,394,696||Road Resurfacing System (Method)||05/01/98||05/28/02||Issued||11/28/13|
|235-05||CA 2,280,297||Retractable Ground Working Device (Retractable Teeth)||08/18/99||10/28/08||Issued||09/04/13|
|235-05USR||US 6,283,224||Retractable Ground Working Device (Retractable Teeth)||09/22/99||09/04/01||Issued||09/04/13|
|235-5AU||AU 777976||Retractable Ground Working Device (Retractable Teeth and Scoops)||08/18/00||Issued||08/18/12|
|235-6CAD||CA 2,634,477||Ground Working Device (Scoops)||06/19/08||06/08/10||Issued||12/22/12|
|235-6R||US 6,368,014||Ground Working Device (Scoops)||02/17/00||04/09/02||Issued||10/09/13|
|235-6CA||CA 2,293,885||Ground Working Device (Scoops)||12/30/99||08/26/08||Issued||12/30/12|
|235-8CA||CA2,572,443||Ground Working Device for Liquid treated roads||12/22/06||Pending||12/22/12|
|235-8US||US 7,500,803||Ground Working Device for Liquid Treated Roads||02/02/07||03/10/09||Issued||09/10/12|