01 / THE COMPACT PLATFORM
Current productMAX 2
A compact two-person amphibious 6×6, designed for tight trails and access across challenging terrain.
Explore the MAX 2American amphibious vehicles · Since 1969
MAX IS BACK.
BUILT FOR
WHAT’S NEXT.
An established off-road brand. A product-line relaunch. An opportunity to help Recreatives Industries build MAX’s next chapter.
57 yearsof MAX history
American
manufacturingBradenton, Florida
manufacturingBradenton, Florida
OTC: RECXRecreatives Industries
A history of real demand
MAX has already
built meaningful scale.
The historical sales database records a rise from 179 sales in 1986 to 1,153 in 1996.
And it was more than a single strong year. Recorded sales averaged approximately 1,036 annually from 1995 through 2000.
Our objective: rebuild MAX’s commercial presence, restore the broader product line, and grow from that foundation.
Historical recorded sales · 1986–2000
View annual figures
| Year | Recorded sales |
|---|
Source: Legacy MAX sales records. This chart highlights a period of historical expansion and sustained sales, not the complete company history. Records remain subject to reconciliation. Later annual volumes were lower.
A broader market today
A specialized vehicle.
A larger pool of buyers.
Today’s customers shop across ATVs and side-by-sides. MAX brings a distinctive combination to that conversation: seated passengers, six-wheel drive, skid steering, and amphibious capability.
Management believes this broader customer base, together with MAX’s price position, creates an opportunity to reach more buyers. The full market is a reference point—not a claim that every buyer needs an amphibious vehicle.
970,000
Estimated worldwide ATV and side-by-side sales in 2025
ATVs395,000
Side-by-side UTVs575,000
The 2025 combined market is approximately 2.5× the estimated 1996 ATV-only market. The categories differ; this is not a like-for-like growth rate.
Sources: Polaris 2025 Annual Report and historical industry presentation. Industry unit-sales estimates are unaudited. See sources and definitions.
A fraction of the market. Meaningful scale.
One MAX.
Out of every 500.
Two-tenths of one percent (0.2%)
At the estimated 2025 global ATV and side-by-side market size, that fraction represents approximately 1,940 vehicles per year—above the 1,500 units in our current management projection.
A small share of the broader market could be substantial at RECX’s scale.
Illustrative scale, not historical or current MAX market share or a forecast. Conventional ATV images symbolize the broader ATV and side-by-side market, not its actual vehicle or brand mix. One gold-highlighted MAX plus 499 other vehicles equals 500 total. Source: 970,000 estimated 2025 worldwide units × 0.2% = 1,940. Vehicle images: MAX and Polaris official websites; no affiliation or endorsement implied.
The current three-model plan
Meaningful potential
at a focused operating scale.
Management’s current projection centers on the MAX 2, MAX 4, and Buffalo—before factoring in MAX 8×8 and Springer models, which management expects to offer higher margins per vehicle.
1,500
Combined vehicles per year
Management’s modeled sales volume
$5.2M
Projected annual EBITDA
At the modeled 1,500-unit volume
≈0.15%
Equivalent to the modeled volume
as a share of the 2025 combined market
Management scenario, not historical earnings or a forecast of assured results. Assumptions change with product mix, factory-direct versus dealer sales, tariffs and duties, component costs, and operating expenses. EBITDA is earnings before interest, taxes, depreciation, and amortization; it is not cash flow. Future models and sales above 1,500 units represent additional potential beyond this scenario.
The 1,500-unit scenario is approximately 30% above the highest annual count in the supplied historical database. The market percentage is illustrative arithmetic, not a market-share forecast. Source: management estimate provided October 2026.
Relaunching the MAX family
Three established names.
One growth plan.
RECX’s plan brings the MAX 2, MAX 4, and Buffalo together to serve recreation, property access, and utility applications.
02 / MORE PASSENGERS
Product-line relaunchMAX 4
The four-person MAX platform expands the lineup’s appeal to customers who need more passenger capacity.
Explore the MAX 4
03 / UTILITY APPLICATIONS
Product-line relaunchBuffalo
The utility-focused member of the MAX family broadens the product offering for work and property applications.
Explore the BuffaloBeyond the current model
The next chapter
has room to grow.
The three-model projection is one part of the plan. The MAX 2 Springer is already expanding the range, while additional vehicle concepts could open new applications and price points.
The MAX 2 Springer is in production, with customer deliveries underway. The MAX 8×8 remains a planned future product; its development, funding, specifications, pricing, and timing remain subject to change.
The first-ever MAX 8×8
A planned expansion beyond MAX’s six-wheel lineup, with the potential for higher margins per vehicle and additional earnings beyond the current three-model projection.
MAX 2 Springer
Now being built and delivered to customers, the MAX 2 Springer brings independent suspension to the MAX range. Springer models offer additional potential beyond the current three-model projection.
More volume over time
Expanding distribution and production could support growth beyond 1,500 units. That opportunity is separate from the scenario shown above.
A different buying conversation
Amphibious capability.
A familiar buying budget.
Historically, management recalls selling MAX’s advantages to buyers comparing it with less expensive four-wheel ATVs.
Today, MAX can enter the consideration set of customers already shopping for a seated, multipassenger off-road vehicle. Management believes that changes how its capability and value can be presented.
Actual comparisons depend on model, equipment, freight, and dealer pricing. MAX is not positioned as the lowest-priced vehicle in every category.
Turning capital into capacity
Build the vehicles.
Get them to customers.
RECX’s operating priorities connect growth capital with the practical work of restoring and scaling the product line.
Components
Support component purchasing and inventory availability.
Production
Support staffing, manufacturing throughput, and product-line relaunches.
Availability
Build finished inventory and work toward shorter customer lead times.
Distribution
Develop factory-direct sales and dealer relationships.
Operating priorities are management’s plans. Any offering proceeds are governed by the use of proceeds described in the applicable offering documents.
Investor questions
Understand the opportunity.
How does MAX compete with the larger manufacturers?
MAX’s strategy focuses on buyers who value amphibious access and a specialized six-wheel platform. RECX does not need mass-market leadership to pursue the operating scale in its model. Competition still includes other amphibious manufacturers and alternative vehicles that meet customers’ needs.
Why wouldn’t a major brand build an amphibious vehicle?
A fraction of one percent could be substantial for RECX while representing a comparatively small opportunity for a mainstream manufacturer. For perspective, two-tenths of one percent (0.2%) of the estimated 2025 global ATV and side-by-side market is approximately 1,940 vehicles annually—above the 1,500-unit volume in management’s current projection. Management believes this difference in scale can make the amphibious niche less commercially compelling to the largest brands, while leaving meaningful room for MAX to grow. That is our strategic perspective, not a statement of any competitor’s plans; larger manufacturers could still enter the category.
What is included in the $5.2 million projection?
The management scenario uses 1,500 combined annual MAX 2, MAX 4, and Buffalo sales. It represents the three-model plan before factoring in 8×8 and Springer models, which management expects to offer higher margins per vehicle, or sales above 1,500 units. Channel mix, tariffs, duties, costs, and operating assumptions can change the result. It is not a promise of earnings.
How does the target compare with historical sales?
The database records 1,153 sales in 1996, its highest annual count, and approximately 1,036 annually on average during 1995–2000. The 1,500-unit scenario is above that historical scale. Historical performance does not establish future demand.
Where can I review investment information?
Fill out our investor inquiry form to request the current offering circular, ask about offering availability, and receive subscription instructions from our investor-relations team. You can also visit RECX’s Investor Relations page to review company disclosures. Review the offering’s risks and terms before making an investment decision.
Regulation A · Tier 1
Be part of MAX’s
next chapter.
Explore Recreatives Industries’ common-stock offering and the opportunity to support the next stage of the MAX platform.
Maximum gross offering$2.5 millionUp to 250 million common shares
Minimum investment$2,500Per investor
Offering price$0.01Per common share
The maximum offering amount is not the amount raised. Availability is subject to applicable state requirements and review of your circumstances. Read the complete, current offering circular and risk factors before investing. An investment involves a high degree of risk, including loss of the entire investment. SEC qualification does not mean the SEC has approved or endorsed the investment.
Self-directed retirement investing
Invest in RECX through
a self-directed IRA.
Your investment may be funded from an eligible retirement account, without drawing from your personal savings.
RECX has completed setup with Madison Trust Company and Equity Trust Company to facilitate investments through eligible self-directed IRAs. Our investor-relations team can help you coordinate the next steps with your chosen custodian.
If your funds are in another retirement account, your custodian can explain whether a transfer or rollover into an eligible self-directed IRA is available.
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Mention your interest in an IRA investment in the inquiry form below. We’ll follow up with offering information and the relevant custodian process.
Account eligibility, custodian acceptance, fees, and applicable tax rules apply. Custodians provide account administration; they do not recommend or endorse RECX. Consult your own tax or financial adviser about your circumstances.
Recreatives Industries · OTC: RECX
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