On May 22, 2024, Powerlace has the honor of appearing on the television show Dans l’oeil du dragon on Ici Radio Canada Télé, where we sought an investment of $250,000 in exchange for a 10% stake in our company.
This Quebec-based reality show, based on the international Dragon’s Den franchise, provides entrepreneurs with the opportunity to present innovative ideas and inventions to a panel of five multimillionnaire investors, known as the "dragons". 1.
During our appearance, we showcased our groundbreaking line of shoes featuring unique technology that allows for automatic lacing activated by body weight.
While all of the dragons ultimately declined our offer, they acknowledged the ingenuity and promise of our product. 2.
Following our participation in Dans l’œil du dragon, we observed a significant increase in both website traffic and in-store visits, highlighting growing interest in our brand.
Our goal for the next five years is to become a major player in the footwear industry by
integrating our technology across various footwear segments, including athletic shoes, golf shoes, and boots, and offering models for men, women, and children.