Request for Capital for a Cap for 1000 mL, 750 mL and 500 mL Nebulizer BottleBackground:Several customers have asked us if we do have a cap that fit the 1000 mL bottle. We do not. Many customers use sterile water for their P-Pad machines and fill in 300 mL and then they need to close the bottle until next use. The request came from Twinmed customers. Current Vyaire bottle do have a reclosing cap.Tooling:We have been working with Kushan plan to get quotes for tooling. They will also perform molding of this part.Cavitation: 4-cavityAnnual capacity: 3.6 millionLead time: 2 monthsKunshan margin: 12%Price to Vernon Hill: $0.024Cost for tooling: $19,143.00We do not intend to sell the part currently and only include it with the bottle.Automation:We will add a conveyor and automation to drop the cap into the dust cover.Estimated Cost: $15,000.00Total Capital Request: $34,143.00Expected ROI: 2.87 yearAdditional revenue (200,000 bottles): $230,000Requested by: Torsten NilsonApproval: ___________________________Richard Lee