All Press Releases for November 14, 2022

iFLY Wilmington gets listed on THE OCMX™

The OCMX™ is pleased to announce the listing of iFLY Wilmington to its online portal which offers financial networks the ability to learn more about this exciting opportunity.

    WILMINGTON, NC, November 14, 2022 /24-7PressRelease/ -- iFLY Wilmington gets listed on THE OCMX™

iFLY Wilmington will be the only indoor skydiving facility within 2.5 – 3 hours of Wilmington, NC, a vibrant and prosperous community with a robust tourism industry and close proximity to a significant population of young military families who are naturally inclined to seek physical activities for entertainment and enjoyment.

The mission of iFLY Wilmington is to provide a world-class recreational and training facility that serves a diverse population of customers ranging from beginners to seasoned enthusiasts and military professionals in the greater Wilmington, North Carolina area, and create a safe and fun Indoor Skydiving experience that makes "The Dream Of Flight A Reality for Everyone.

The OCMX™ is pleased to announce the listing of iFLY Wilmington to its online portal which offers financial networks the ability to learn more about this exciting opportunity.

The OCMX™ has spent considerable time completing its due diligence on iFLY Wilmington and concluded that there is indeed a tremendous potential for this company.

The OCMX™ noted that iFLY Wilmington exhibits the main components of any solid opportunity, namely a solid management team, a great track record, and several key competitive advantages.

With an exponentially growing and purpose-driven military freefall population within 30 minutes of the facility, the owners of iFLY Wilmington have subject matter expertise in the intricacies of Special Operations Forces training and requirements and a rare and unique network of contacts and influence.

This important population of patriots and selfless personnel will account for a meaningful portion of iFLY Wilmington's business for the indefinite future given that:
• USMC forces do not currently own or have plans to build an indoor skydiving facility in Camp Lejeune.
• The management team has identified a proven requirement for indoor wind tunnel training for Marine Special Operations Command and Marine Reconnaissance units with no facilities within 130 miles.
• There is an opportunity to save the DoD significant money in per diem and transportation costs for both personnel and equipment.

• Every iFLY ever commissioned since its first tunnel in 1999 remains open and and is operating profitably to date.
• 4-6 Year Average Return on Investments – Historic data from iFLY Corporate and additional Franchisees.
• High EBITDA margins compared to majority of other franchise models.
• Highly experienced veteran owner / leadership team with decades of business and special operations military experience.
• iFly's typical revenue stream is approximately 80% amateur fliers. iFly Wilmington is projected to have a three-pronged revenue stream that includes military training, sports enthusiasts, science technology engineering and math (STEM), and amateurs/tourists.
• iFLY Wilmington will be the only wind tunnel within a 3 hours drive for year-round reliable training, which helps to bag military contracts.

• iFLY Wilmington NC is the first of several planned locations throughout North and South Carolina where the goal, in concert with iFLY corporate vision, is to be regional franchise owners.
• The owners and leadership team deliberately and strategically structured the company's organizational structure to facilitate this vision in short order.
• By 2033, the owners have mapped out an additional 3 planned locations in prosperous and economic hubs throughout the Carolinas. Investors in iFLY Wilmington will enjoy preferred access to investment opportunities in these future endeavors.

Patrick Maguire, Co-Founder / Co-Owner
Major, USMC and 15 Years active-duty Marine Special Operations Officer |Marine Special Operations Command (MARSOC) | Military Free-Fall Parachutist | 11 Overseas Deployments

George Jamison, Co-Founder / Co-Owner
US Air Force Veteran | Corporate Partner, Spencer Stuart | Head of Global Corporate Communications & Investor Relations |Former Senior Executive of several Fortune 500 Companies

David Soler, Chief Operating Officer
Captain, USMC-Reserves | 7 Years Active Duty, Supply Officer | Masters in Business Administration

• Financing: In underwriting for $8.8 Million with Lender (Newtek) and SBA 504
• Financing: Over $1 Million of Owners money invested in the project
• Financing: Over $450K and growing secured through current investors
• Property: Land secured with extremely favorable 30-year lease. NOTE: Landowners are investors in iFLY Wilmington and currently building a $600 million dollar retail/ commercial/ residential complex less than ¼ mile from iFLY Wilmington site
• Construction: Highly recommended and reputable General Contractor selected; Monteith Construction. Design Phase – 100% complete

The OCMX™, established in 2009, is a next generation investor relations and marketing outreach firm. Through our online OCMX portal, we connect companies with financial networks, generating interest and awareness for their opportunity.

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