News and Announcements
Surfing Legend Joins Shark Shield Team
- Published April 29, 2014 5:28PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
To quote William Shakespeare, “timing is everything” and now is the time for Shark Shield.
After twenty years of scientific research, extensive independent testing and thousands of satisfied customers, the world has accepted Shark Shield electronic shark deterrents as a proven alternative to shark culling. Shark Shield is a validated solution that enables humans and sharks to safely share the ocean.
To fully exploit this growing market awareness and demand, Shark Shield, the world’s only scientifically proven and independently tested electrical shark deterrent company, is seeking to raise up to $1.4 million by way of an issue of 35 thousand New Shares at A$40.00 each, equating to 27% of issued shares. This Offer closes 30th June 2014.
The new owners / management are implementing a high growth U.S. centric business strategy, strongly supported by external environmental factors, all driving the Shark Shield product category rapidly towards a tipping point.
To highlight the market acceptance, Tom Carroll (2x World Surfing Champion) has recently become a shareholder and Brand Ambassador for the company’s new patent pending surfboard shark deterrent.
Tom said: “I have encountered marine creatures of all types and sizes during my 45-plus years of surfing and I’m always struck by their beauty, big sharks and all!
“Sharks need our protection and I believe Shark Shield should be applauded for taking the health of this ancient species into consideration and at the same time as providing protection to humans who enter their territory.
“This is a win-win situation — for surfers, divers and sharks.”
Tom will also be involved with the design of Shark Shield’s latest innovation aimed at keeping the waters safe — an electronic deterrent that leverages the surfboards removable fin and plug system, without impacting surfing performance.
The new device will also be designed for stand-up paddle boards, which are increasing in popularity around the world.
Tom Carroll was inducted into Australia’s Hall of Fame in 1992 and is one of the best surfers the country has produced. When surfing became a professional sport, he was recognised as a pioneer — not least for introducing scientifically based training principles.
To read the full press release from Shark Shield please download the document below.
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