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Local Mobility Company, local ownership of
the rights to deploy networks, is essential to rapid re-tooling of
transportation. Understanding the niches in each local market requires
driven local interest.
The value of each Local Mobility Company
will depend on local conditions. But in general, their value can be
approximated and adoption will likely be driven by the cost of
gasoline. Safety, GHG and other consideration will likely be stated as
reasons but the immediate increasing price of gas is a key to action.
LMC are valued at about $7 million per
100,000 of population. Following is a breakout of this number and a
list of cities showing the cost of increasing gas prices.
There is a sharp discount for those who
sign-up early and help build the market.
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| Basis of License Fee |
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National Academy of Engineering |
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Cars per person |
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300 |
1000 |
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Time traveling per day |
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30-90 min |
Commute time |
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Travel per person |
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17000 |
PKT |
7727 |
Miles Commuting per year |
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0.57 |
Cost to operate a car per passenger mile |
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$4,405 |
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Traveler Market Share, year 5 |
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20% |
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880.91 |
20% of people use JPods regularly |
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Traveler Usage Per Cent |
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50% |
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440.45 |
10% of trips (20% times 50% of travel) |
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Profits |
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20% |
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88.09 |
Profits from trips |
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Typical Market size |
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100,000 |
Typical LMC market size in people |
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Price Earnings Ratio |
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4 |
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$35,236,364 |
Value of LMC at 4 times earnings |
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$44,045,455 |
Revenues |
| License Fee |
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Due at license agreement |
0.04% |
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8% |
$8,000 |
Initial License Fee at signing |
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Deferred for until 1st operational JPods
network for the first 5 LMCs |
| Deferred License Fee, Due when
annual revenues reach $10 per capita in LMC |
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20% |
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$7,047,273 |
20% of LMC Value |
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| Leadership Discount based on
signing group |
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License Fee |
Required 18 months after 1st commercially
successful JPods network |
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10 |
90% |
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$704,727 |
After 90% discount applied |
| 11 |
30 |
80% |
or w/in 16 weeks |
$1,409,455 |
After 80% discount applied |
| 31 |
50 |
60% |
or w/in 26 weeks |
$2,818,909 |
After 60% discount applied |
| 51 |
70 |
40% |
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$4,228,364 |
After 40% discount applied |
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| Other required products |
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25 meter demonstration |
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$120,000 |
Consigned by JPods for the first 5 networks |
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Compliance fees |
3% |
of revenues |
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$1,321,364 |
Yearly license fee base on Revenues of |
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| The value of LMC can be approximated
by the rising cost of gasoline.
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| Metropolitan Area |
Miles per driver per year |
Cost of gas for
average two-car family at $2.92 per gallon |
| One Driver |
Two car family |
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| Atlanta, GA |
14,848 |
$4,272 |
$1,075 |
$2,150 |
$3,149,275,862 |
| Austin--San Marcos, TX |
10,531 |
$3,030 |
$763 |
$1,525 |
$686,337,931 |
| Boston--Worcester--Lawrence, MA--NH--ME--CT |
10,153 |
$2,921 |
$735 |
$1,470 |
$3,026,751,724 |
| Buffalo--Niagara Falls, NY |
9,738 |
$2,802 |
$705 |
$1,410 |
$531,010,345 |
| Charlotte--Gastonia--Rock Hill, NC--SC |
15,204 |
$4,374 |
$1,101 |
$2,202 |
$1,077,879,310 |
| Chicago--Gary--Kenosha, IL--IN--WI |
10,853 |
$3,122 |
$786 |
$1,572 |
$4,082,037,931 |
| Cincinnati--Hamilton, OH--KY--IN |
11,058 |
$3,181 |
$801 |
$1,602 |
$1,159,489,655 |
| Cleveland--Akron, OH |
10,556 |
$3,037 |
$764 |
$1,529 |
$1,589,917,241 |
| Columbus, OH |
12,351 |
$3,553 |
$894 |
$1,789 |
$931,024,138 |
| Dallas--Fort Worth, TX |
15,665 |
$4,507 |
$1,134 |
$2,269 |
$4,023,600,000 |
| Denver--Boulder--Greeley, CO |
14,278 |
$4,108 |
$1,034 |
$2,068 |
$1,986,165,517 |
| Detroit--Ann Arbor--Flint, MI |
10,900 |
$3,136 |
$789 |
$1,579 |
$2,879,389,655 |
| Grand Rapids--Muskegon--Holland, MI |
9,593 |
$2,760 |
$695 |
$1,389 |
$543,900,000 |
| Greensboro--Winston-Salem--High Point, NC |
12,353 |
$3,554 |
$895 |
$1,789 |
$954,486,207 |
| Hartford, CT |
12,409 |
$3,570 |
$899 |
$1,797 |
$691,913,793 |
| Honolulu, HI |
7,051 |
$2,028 |
$511 |
$1,021 |
$292,551,724 |
| Houston--Galveston--Brazoria, TX |
12,049 |
$3,466 |
$873 |
$1,745 |
$2,865,341,379 |
| Indianapolis, IN |
10,435 |
$3,002 |
$756 |
$1,511 |
$896,193,103 |
| Jacksonville, FL |
13,905 |
$4,000 |
$1,007 |
$2,014 |
$952,531,034 |
| Kansas City, MO--KS |
11,857 |
$3,411 |
$859 |
$1,717 |
$1,179,693,103 |
| Las Vegas, NV--AZ |
8,111 |
$2,333 |
$587 |
$1,175 |
$641,948,276 |
| Los Angeles--Riverside--Orange County, CA |
11,532 |
$3,317 |
$835 |
$1,670 |
$8,197,675,862 |
| Louisville, KY--IN |
11,583 |
$3,332 |
$839 |
$1,677 |
$532,603,448 |
| Memphis, TN--AR--MS |
14,605 |
$4,202 |
$1,058 |
$2,115 |
$779,462,069 |
| Miami--Fort Lauderdale, FL |
9,308 |
$2,678 |
$674 |
$1,348 |
$1,570,510,345 |
| Milwaukee--Racine, WI |
12,315 |
$3,543 |
$892 |
$1,784 |
$960,424,138 |
| Minneapolis--St. Paul, MN--WI |
12,152 |
$3,496 |
$880 |
$1,760 |
$2,147,213,793 |
| Nashville, TN |
16,473 |
$4,739 |
$1,193 |
$2,386 |
$1,102,210,345 |
| New Orleans, LA |
10,439 |
$3,003 |
$756 |
$1,512 |
$715,882,759 |
| New York--Northern New Jersey--Long
Island,NY--NJ--CT--PA |
8,499 |
$2,445 |
$615 |
$1,231 |
$7,314,227,586 |
| Norfolk--Virginia Beach--Newport News,
VA--NC |
10,086 |
$2,902 |
$730 |
$1,461 |
$980,917,241 |
| Oklahoma City, OK |
13,575 |
$3,905 |
$983 |
$1,966 |
$478,727,586 |
| Orlando, FL |
13,456 |
$3,871 |
$974 |
$1,949 |
$1,002,641,379 |
| Philadelphia--Wilmington--Atlantic
City,PA--NJ--DE--MD |
10,544 |
$3,033 |
$764 |
$1,527 |
$2,613,558,621 |
| Phoenix--Mesa, AZ |
11,212 |
$3,225 |
$812 |
$1,624 |
$1,785,362,069 |
| Pittsburgh, PA |
11,620 |
$3,343 |
$841 |
$1,683 |
$1,188,962,069 |
| Portland--Salem, OR--WA |
11,426 |
$3,287 |
$827 |
$1,655 |
$1,241,896,552 |
| Providence--Fall River--Warwick, RI--MA |
12,739 |
$3,665 |
$922 |
$1,845 |
$664,179,310 |
| Raleigh--Durham--Chapel Hill, NC |
13,416 |
$3,860 |
$972 |
$1,943 |
$1,151,234,483 |
| Rochester, NY |
10,736 |
$3,089 |
$777 |
$1,555 |
$615,734,483 |
| Sacramento--Yolo, CA |
11,318 |
$3,256 |
$820 |
$1,639 |
$1,208,006,897 |
| Salt Lake City--Ogden, UT |
10,468 |
$3,012 |
$758 |
$1,516 |
$595,820,690 |
| San Antonio, TX |
11,048 |
$3,178 |
$800 |
$1,600 |
$800,027,586 |
| San Diego, CA |
10,905 |
$3,137 |
$790 |
$1,579 |
$1,562,762,069 |
| San Francisco--Oakland--San Jose, CA |
11,885 |
$3,419 |
$861 |
$1,721 |
$4,147,572,414 |
| Seattle--Tacoma--Bremerton, WA |
10,549 |
$3,035 |
$764 |
$1,528 |
$2,361,268,966 |
| St. Louis, MO--IL |
11,873 |
$3,416 |
$860 |
$1,720 |
$1,494,258,621 |
| Tampa--St. Petersburg--Clearwater, FL |
10,594 |
$3,048 |
$767 |
$1,534 |
$1,315,686,207 |
| Washington--Baltimore, DC--MD--VA--WV |
11,514 |
$3,312 |
$834 |
$1,668 |
$4,879,241,379 |
| West Palm Beach--Boca Raton, FL |
8,014 |
$2,306 |
$580 |
$1,161 |
$366,196,552 |
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Miles Driven
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