SHARE:  

Twin Vee CEO Joseph Visconti's Weekly Update 


Welcome to the first edition of Twin Vee’s CEO Update, a weekly newsletter connecting with Twin Vee and AquaSport owners, investors, and enthusiasts who share our passion for all things Twin Vee PowerCats. Twin Vee and AquaSport have over 90 years of boat-building DNA, and our newsletter is your weekly window into the exciting developments at Twin Vee PowerCats Co. while also promoting the community around our beloved boat brands.

 

Every week, CEO Joseph Visconti will provide summaries and updates on all of Twin Vee’s latest initiatives, new models in development, company news, the progress we’re making on both our Twin Vee and AquaSport brands, and much more.

 

There’s a lot of news we’re excited to share with you this week, so let’s get started!

Follow Joseph on His Personal Media Platforms

YouTube      Instagram      Facebook      TikTok      LinkedIn      X

CEO UPDATE #1 - Watch the First Two Episodes of CEO Hustle!


We proudly announce CEO Hustle, your direct line to everything Twin Vee! Every week, Joseph will take you behind the scenes to showcase the energy, the design, the creativity, and everything else needed to run this publicly traded company. Viewers will meet other stakeholders, Twin Vee’s vendors, dealers, and the talented men and women who build and design our amazing products. Hear more about the Company’s vision, strategies, and the passion that drives the Twin Vee and AquaSport brands forward.

 

“Twin Vee stock went public three years ago at $6 per share. Today you can buy our NASDAQ-listed VEEE shares for under $0.60 per share,” states Joseph. “As of the date of this newsletter, Twin Vee’s total market capitalization is less than $5,500,000. With all of the incredible and exciting things happening to Twin Vee, I’ve decided to take a proactive and creative stance on communicating with VEEE stakeholders. I hope you enjoy it as much as I enjoyed making it.” 


Watch the introduction of CEO Hustle on Joseph's social media platforms, which are linked above! Then, catch the second episode, all about Twin Vee's major expansion currently underway.

Watch the CEO Hustle Introduction

CEO UPDATE #2 - Joseph Showcases New 280 GFX2 in YouTube Video 


We recently announced the launch of the all-new 280 GFX2 during a YouTube video with CEO Joseph Visconti. During the video, he toured and demonstrated the many new upgrades and additions Twin Vee designed and engineered into this offshore PowerCat fishing machine.

 

The 280 GFX2 marks a significant leap forward in boating technology. Joseph explains that the 280 GFX 2 “is an all-digital product.” It boasts a 24-inch touchscreen helm offering an intuitive user interface, allowing easy navigation and control. The boat also features an all-digital switching system, enhancing the reliability of the power distribution system while offering flexibility and convenience compared to traditional switches.

 

Throughout the video, Joseph highlights the comfort and quality owners can expect from an all-new 280 GFX2: spacious seating for up to seven people, meticulously crafted and stitched upholstery, and finely appointed equipment and storage compartments. Anglers will appreciate features like ample rod storage, oversized fish boxes, a pressurized 50-gallon live well, and enhanced nighttime visibility with floodlighting.

 

It’s clear that Visconti believes the 280 GFX2 is the product of Twin Vee’s relentless pursuit of research, innovation, and quality. “I’m really proud of the work we do at Twin Vee and I’m extremely proud of the products we produce.”

Watch the YouTube Video Here

CEO UPDATE #3 - Twin Vee Initiates Development on Automotive-Inspired Buy/Sell Marketplace and All Digital, Customer-Centric, End-to-End Boat Sales Platform 


Twin Vee PowerCats is thrilled to announce that development has started on its all-new Pro-Direct Platform, a game-changing digital ecosystem designed to redefine the boat-buying experience. Inspired by the auto industry’s transition to online purchasing, we plan to bring that same level of convenience and ease of use to the marine world. Our Pro-Direct Platform will enable you to build and order your dream boat, explore real-time inventory from nearby dealer locations, secure financing, and obtain insurance – all from the comfort of your home.

 

We’re laser-focused on enhancing every step of our customer’s purchasing process, from the moment they start imagining the type of boat they're looking for to long after they’ve hit the open water. Our upcoming website will be your gateway to the Twin Vee and AquaSport universe, packed with resources, inspiration, and a cutting-edge “Build and Price” tool that puts you in the captain’s seat of customization.


Get ready to embark on a new era of boat buying with Twin Vee's Pro-Direct Platform.

Read the Pro-Direct Platform Full Article Here

CEO UPDATE #4 - 30,000 Sq. Ft. Expansion of Twin Vee's Fort Pierce Manufacturing Facility


Construction is forging ahead on Twin Vee’s 30,000-square-foot factory expansion in Fort Pierce, Florida. Once complete, our production facility will comprise 100,000 square feet of true linear manufacturing capability, with Twin Vee and AquaSport having dedicated production lines. The expansion is a key strategic investment in our future growth, enabling us to design and build up to 1,000 boats annually rapidly.


The factory expansion is expected to be completed in early 2025.

Watch the Second Episode of CEO Hustle About Twin Vee's Facility Expansion
Find A Twin Vee Dealer
Investor Relations Site

FORWARD-LOOKING STATEMENTS


This newsletter contains forward-looking statements that may discuss Twin Vee’s plans, goals, intentions and expectations as to future trends, events, results of operations, financial condition or other matters. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and they often include words such as “may,” “will,” “should,” “would,” “expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,” “intend,” and other similar expressions. Statements that are not historical facts are forward-looking statements. These forward-looking statements include statements regarding Twin Vee’s planned operations and may include statements regarding the pending merger with Forza X1, Inc. Forward-looking statements are based on Twin Vee’s current beliefs and assumptions, are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation, our ability to complete the pending merger with Forza X1, Inc., implement our business plan, operate profitability and financing needs. The foregoing review of important factors that could cause actual events to differ from expectations should not be construed as exhaustive and should be read in conjunction with statements that are included herein and elsewhere, including the risk factors included in Twin Vee’s most recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission. Except as required by law, Twin Vee undertakes no obligation to revise or update any forward-looking statement or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.