Minutes for Meeting #2

Our second meeting went much better than our first one as we were able to meet with our advisers this week.  With a plan in hand before the meeting, we were able to get to all the points we wanted to discuss and didn't take any more time than we planned.  We were able to meet face-to-face with one of the members for the meeting and I met another member directly afterword as he couldn't make the meeting due to time constraints.

To summarize our meeting we discussed the following:
- explanation of the product
- go to the manufacture of the fleet vehicles directly and sell the product or license the product to them
- the company who has our product on their vehicle market the product themselves
- it could take 2-5 years to prove the safety of the product
- license the patent out to the fleet companies rather than sell the product, makes them manufacture the product
- talk to insurance companies to see if the insurance rates would indeed go down
- go fast to get our product out quickly, the key is to just release it
- sell first then ask for investors, etc.
- ignore manufacturing in China, stay in Canada and get it out quickly
- in the long run it would be cheaper to stay in Canada opposed to going to China
- apply for grants from the government to help fund our start-up
- research Transport Canada Safety Division
- check out IRAP and Alberta Futures
- research the ideas similar to ours and see why they failed
- to go to prototyping company and have one made up or find out the cost
- check our the Transport Canada Safety Act
- plug and play may be harder to achieve then making a light specifically for a vehicle
- talk to people about manufacturing and see where we can do it in Canada (Ontario?)
- call people rather than email or leave message (insurance companies, consultant companies)

As well, when I talked to one of our other advisers we went over the prototype specifically and we're trying to figure out how to get it to work properly.  I'm going to bring the prototype we have now to him and work with him to see what we can do to have it work like we want.

For this meeting, Adam ran it while I (Justin) took notes.  Karan couldn't make it as he has been very sick lately, but worked on the prototype at home.