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Synthetic Intelligence: An Alternative Approach to AI

New Sapience is anticipating the launch of what we believe is an entirely new paradigm of artificial intelligence. More aptly referred to as synthetic intelligence, our sapiens are unique thinking machine prototypes with the acumen to speak and comprehend human language, as opposed to merely mimicking it like much of the AI known today. New Sapience is pre-revenue and currently in the prototype phase.

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This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
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$1,148,232.52 Raised

REASONS TO INVEST

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New Sapience is developing a patented synthetic intelligence platform, which we believe will overcome the limitations of traditional artificial intelligence, better replicate the generality of human knowledge, and exceed the capabilities of any existing AI approaches.

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We believe that what we are creating is an entirely new innovation, accessible to over 6.6 billion smartphone users worldwide, that could transform every major segment of our economy, and generate innumerable new markets in the process.* New Sapience technology has the potential to disrupt numerous multi-billion dollar markets such as the $9.9B industry for natural language processing and chatbot software and the $140B industrial automation industry, to name a few.**

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We believe sapiens are the world’s first machines that think and understand like humans do. Our vision is of a world where these thinking machines are our partners, helping every one of us to realize our own personal goals, to live a more engaged human life. We believe that if our sapiens were to become commonplace, when human knowledge, perspective, and values are at the foundation of thinking machines, the tyranny of the mindless statistical algorithms will be over.

TEAM

Bryant Cruse

Bryant Cruse • Founder & CEO

Bryant graduated from St. John’s College in Annapolis, well-known for its unique Liberal Arts program, providing him with the fertile ground for a life-long interest in how humans know what they know (epistemology). After graduation, he served on active duty as a Naval Aviator, and then went on to earn a graduate degree in Space Systems Engineering from Johns Hopkins. 

Continuing his career, Bryant has been a pioneer in applying advanced automation software technology to solve difficult real-world problems. At NASA he developed the first application of AI technology for spacecraft operations for the yet-to-be-launched Hubble Telescope and was funded by NASA for a residency in AI (MS equivalent) at the Lockheed AI center. He then went on to found two successful high-tech software automation companies, which were acquired by public corporations. New Sapience, founded in 2014, is his third technology company. 

Education: BA, St. Johns College. MS Johns Hopkins University. MS (equivalent), Lockheed Artificial Intelligence Center.   

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Karsten Huneycutt

Karsten Huneycutt • Chief Software Architect

Karsten is an original founder of the company and is a co-author of the company’s core patent. He is the designer and programmer for the MIKOS AI processing engine and creator of the MICA language which it interprets. 

Prior to beginning full-time employment with New Sapience, he worked in the IT departments first at Duke and then the University of North Carolina where he designed and implemented the next generation of provisioning and de-provisioning, a campus wide single sign-on identity management system, and many other aspects of the university IT infrastructure.

Karsten is fluent or conversant in 4 Human and 13 Computer languages.

Bachelor of Science in Computer Science; second major in Russian, Duke University, May 2001

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William Robert Bandy

William Robert Bandy • Member, Board of Directors, Chief Intellectual Property Officer

Bill worked at DARPA in the mid-80’s, a time when advances in computing gave impetus to a new branch of computer science: Artificial Intelligence. He became hooked on the promise of AI, and it wasn’t until he met Bryant Cruse, the founder of New Sapience and perhaps the first “computational epistemologist,” did he think that promise could be realized. Bill, a New Sapience investor and advisor, understood right away that Bryant’s breakthrough cognitive core model has the capacity to dramatically change the AI landscape forever. 

After a 30-year government career with NSA and DARPA, Bill co-founded Matrics Technology Systems, Inc., for the development and production of low-cost, high-performance Radio Frequency Identification (RFID) tag technology and product. Matrics was bought by Symbol Technologies, Inc. in 2004 for $230M. His name appears on well over 100 patents

BS, University of Oklahoma. MS, University of Oklahoma. Ph.D., University of Maryland.

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*Statistic provided by BankMyCell (source)

**Market info provided by BusinessInsider, Verified Market Research, PR Newswire, & Markets and Markets (source, source, source, source

A New, Scalable Approach - Artificial Intelligence with a Human Touch

Artificial Intelligence (AI) has produced many amazing applications since machine learning began to be examined in the early 1950s. Yet, despite decades of research and innovation, today’s AI is still hindered by the failure to achieve knowledge, which is the key to intelligence and language comprehension.


*Technology currently in development and not commercially available at this time. 


New Sapience has created what we believe is a completely new approach to endowing machines with knowledge based on the underlying properties & hidden structures of knowledge itself, breaking away from the tech industry’s tradition of attempting to emulate neural processes and structures of the human brain. In doing so, we believe we will be the first to realize synthetic intelligence in machine form. 


We call these thinking machines sapiens. Scalable to a degree that we think is completely unprecedented compared to current technology, New Sapience believes our technology can usher in a new generation of artificial intelligence, giving humans more time to do exactly what they want and are uniquely talented to do.


*Technology currently in development and not commercially available at this time.


The Problem


Siri and Alexa Don’t Actually Understand Us

Nearly all of today’s major tech applications feature some form of AI or voice recognition software. However, despite investing billions of dollars in the technology, companies have manifested an experiential expectation that often isn’t met. Because existing systems only provide the illusion of intelligence, they often fall short in their execution of simple, everyday tasks, creating more confusion and cognitive dissonance than convenience.



This is because even today’s most advanced machine learning applications are basically parroting word arrangements statistically prevalent in their training datasets, presenting a convincing illusion of communication made more compelling by the title of artificial intelligence. As a result of these limitations, New Sapience believes that existing technology can suffer from an inherent bias. As Berkeley professor Alison Gopnik recently put it, “We call it ‘artificial intelligence,’ but a better name might be ‘extracting statistical patterns from large data sets.’

The Solution


A Breakthrough in AI Language Comprehension & Cognitive Learning

New Sapience’s thesis is that the most efficient way to build a thinking machine is by giving it something to think about. With this in mind, our team pursued a synthetic approach to knowledge in machines. We identified core cognitive building blocks, “atoms of thought,” and classified them in accordance with their properties of combination in a manner we believe is strongly analogous to the periodic table in Chemistry.


*Technology currently in development and not commercially available at this time.


Unlike previous iterations of artificial intelligence, our AI is based on layered models. First is the Cognitive Core, a model of knowledge itself. On top of that, a model of the common-sense world of sufficient scope to understand language and the everyday world. Finally, depending on the sapien’s application, layers of technical and expert knowledge curated from some of the best human minds and collected works. No need for lengthy training cycles on datasets. 


*Technology currently in development and not commercially available at this time.


Using this unique approach to AI, New Sapience has experienced what we consider to be incredible breakthroughs. We believe sapiens demonstrate the ability to expand upon existing knowledge, comprehend the contextual nuances of language, explain lines of reasoning, and even distinguish the difference between thoughts, perceptions, and feelings.


The Market


Applications Across Numerous Multi-Billion Dollar Industries 

In 2004, Bill Gates was quoted as saying ''If you invent a breakthrough in artificial intelligence, so machines can learn, that is worth 10 Microsofts.'' (source)


With their unique ability to speak and comprehend language in the same way people do, we believe that sapiens are the next step for AI that the world has been waiting for. Our technology has scalable applications for nearly every industry and market where human intelligence, judgment, and knowledge are needed, and due to the meticulous way the sapiens are constructed, we believe they can quickly integrate within any sort of operation.


*Technology currently in development and not commercially available at this time.


When implemented in both personal and professional capacities, we believe sapiens may be rapidly capable of contributing their knowledge and expertise to everything from aerospace, industrial infrastructure, and manufacturing, to education, entertainment, and so much more.  

Our Traction


Machine Comprehension Patent Issued, Working Towards Commercial Launch

New Sapience’s Method and System for Machine Comprehension obtained patent status in 2016. Since then, we have been working diligently to perfect the technology and now we are nearly ready to go to market. The company is currently in the process of introducing our technology through social media, podcast interviews, and webinars, which has led us to attract new levels of talent, as well as investment opportunities.


*Technology currently in development and not commercially available at this time.


Upon launching, we anticipate that our platform will be used to develop product lines of proprietary sapiens for businesses, as well as customized companions for individual consumers. We plan to make our systems available as a subscription software service and hope to establish a network of supporting applications, integrated by licensees, in order to proliferate New Sapience’s technology as rapidly as possible.

Why Invest


Support the Future of Synthetic Intelligence & the Third Wave of AI

The opportunities for innovation that sapiens provide hold immense potential. By creating a software platform that allows human knowledge to be efficiently curated and utilized by computers, we believe we have cultivated a technology that could transform business, commerce, and our quality of life as we know it. 


Help us secure this forward-thinking future, by investing in New Sapience.


*Technology currently in development and not commercially available at this time.

ABOUT

HEADQUARTERS
1 SE Ocean Boulevard
Stuart, FL 34994
WEBSITE
View Site
New Sapience is anticipating the launch of what we believe is an entirely new paradigm of artificial intelligence. More aptly referred to as synthetic intelligence, our sapiens are unique thinking machine prototypes with the acumen to speak and comprehend human language, as opposed to merely mimicking it like much of the AI known today. New Sapience is pre-revenue and currently in the prototype phase.

TERMS

New Sapience
Overview
PRICE PER SHARE
$3.25
DEADLINE
Oct. 3, 2023 at 6:59 AM UTC
VALUATION
$74.94M
FUNDING GOAL
$10K - $1.24M
Breakdown
MIN INVESTMENT
$260
MAX INVESTMENT
$1,235,000
MIN NUMBER OF SHARES OFFERED
3,076
MAX NUMBER OF SHARES OFFERED
380,000
OFFERING TYPE
Equity
SHARES OFFERED
Class B Non-Voting Common Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.

Investment Incentives and Bonuses*

Time-Based

First 5 Days | Invest within the first 5 days and receive 15% bonus shares

Super Early Bird - Next 72 hours | 10% bonus shares

Early Bird Bonus - Next 7 days | 5% bonus shares

Amount-Based

Tier 1 Perk - ($500 + 5% bonus shares)

Tier 2 Perk - ($1,000 + 10% bonus shares)

Tier 3 Perk - ($5,000 + 15% bonus shares)

Tier 4 Perk - ($50,000 + 20% bonus shares)

Tier 5 Perk - ($100,000 + 25% bonus shares)

Tier 6 Perk - ($500,000 + 30% bonus shares)

The 10% StartEngine Owners' Bonus

New Sapience will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $3.25 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $325. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.

*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative. Inter company debt or back payments.

PRESS

Article Image
Futurism

But what if artificial intelligence could be expressed as an extension of human reasoning, common sense, and knowledge? In this embodiment of artificial intelligence, algorithms and models reflect the accumulation and organization of knowledge, based on a shared understanding.

ALL UPDATES

10.02.23

Final Countdown - Campaign Ends Tonight!

Dear StartEngine Investor,

 

We are counting down the final hours of our campaign; it ends midnight Pacific Time on October 2nd.  

 

For those who have already invested, thank you for making it a resounding success. We have raised over $1.1 million (as shown on our internal dashboard – the public page lags behind) and are very close to the SEC’s limit for this raise.

 

If you have been following us but have not yet invested, we are not yet fully subscribed, so press that INVEST button now. Remember, all investors will be invited to participate in our upcoming Beta test program.

 

Since we won’t be able to reach out to followers on the StartEngine platform after the campaign ends, sign-up for our newsletters and updates here:

 

https://www.newsapience.com/join-our-community/

 

And don’t forget to follow us on social media! 

 

YouTube: https://www.youtube.com/channel/UC2jdieMB-ng0SVHlA99L-pQ

 

Instagram: https://www.instagram.com/new_sapience/

 

LinkedIn: https://www.linkedin.com/company/new-sapience/

 

Reddit: https://www.reddit.com/r/newsapience/

 

Twitter/X: https://twitter.com/BryantCruse

 

Facebook: https://www.facebook.com/profile.php?id=100092246012794

 

Finally, while all our investors appreciate the sound business fundamentals that make New Sapience a good investment, I have been very impressed by how many of you have reached out to us to express your support of our vision of a better world which our human-centric, inherently safe and sane sapiens can help bring about. We are proud to have you as owners of New Sapience.

 

Thank you again!

 

Bryant Cruse

Founder & CEO

 

P.S. Here is the link to our Investor Q&A session last Thursday on YouTube: https://www.youtube.com/watch?v=XRp6ntNuwtk/

 

09.29.23

Watch Our Final Investor Q&A


Our final investor Q&A webinar was a blast. The questions from our community were thoughtful and engaging, and the management team enjoyed their say and stay.

Our campaign ends on October 2nd, invest now to lock your spot in our private beta, scheduled for later this year.

Watch the webinar here: https://youtu.be/XRp6ntNuwtk

Join our community: https://www.newsapience.com/join-our-community/

09.28.23

Final Investor Q&A Today!


Today at 3:30pm EST, our Founder and CEO Bryant Cruse will be presenting a final Q&A session on Zoom for investors, as well as a bonus section dedicated to our management team. 

Send your questions in advance: ir@newsapience.com 


Zoom Link: 

https://us02web.zoom.us/j/81482656440?pwd=Rjk4MUpWZDRKTlozTUFucjRkazVpQT09/

09.26.23

Final Investor Q&A

Our campaign ends on October 2nd but there is still time to invest in our sapiens technology. This Thursday, September 28th at 3:30pm EST, our Founder and CEO Bryant Cruse will be presenting our final live Q&A session on Zoom, with a bonus section dedicated to meeting the management team.


Send your questions in advance to ensure they get answered: ir@newsapience.com


Zoom Link: 

https://us02web.zoom.us/j/81482656440?pwd=Rjk4MUpWZDRKTlozTUFucjRkazVpQT09/



See you there!

09.19.23

Forward To The Future Webinar


We’ve been told, with breathless excitement, that any number of recent technologies are game-changers: high-temperature super-conductors, fusion, quantum computers and especially Artificial Intelligence; that they will lead to incalculable abundance, personal immortality, and maybe even a new trans-human species. Or maybe, depending on your point-of-view, the annihilation of the human race. 


In this recorded webinar, AI pioneer Bryant Cruse discusses humanity’s future with all the hype removed.


Watch now: https://www.youtube.com/watch?v=VikUfcyQlQo

09.18.23

Investor Q&A This Thursday


Our campaign ends on October 2nd but there is still time to invest in our synthetic intelligence technology. This Thursday, our Founder and CEO Bryant Cruse will be presenting a live Q&A session on Zoom.
 
Thursday, Sept 21, 3:30 PM EST
 
Some sample questions:

- What is unique about your “sapiens” technology?

- How is sapiens posed to disrupt every industry?
 
Send your questions in advance to ensure they get answered: ir@newsapience.com

Zoom Link:  
 
https://us02web.zoom.us/j/81482656440?pwd=Rjk4MUpWZDRKTlozTUFucjRkazVpQT09/

09.13.23

Sapiens Will Change How You Work


How many hours do you spend reading email from people you don’t know, who are trying to sell you things you don’t want?  


McKinsey estimates the average professional spends 28% of the workday reading and answering email. This is too much time wasted. But we cannot offload our inboxes to ChatGPT or Bard because, having no knowledge of what words mean, they can’t actually read. They can only process input prompts. 


Imagine if there was a digital personal assistant available at your beck and call – day and night, 24/7, 365 days a year – to handle these tasks for you. One that could actually distinguish the important and timely information from the junk that plagues our inboxes and explain it in critical detail. And not just email, but a wide array of tasks that we all would like to offload to digital machines but can’t, because current AI simply has not delivered what was promised. That is, until now. 


Our sapiens can do what no other AI can – understand the contextual meaning of language, apply common sense, and more – because it is the only AI that understands what the words actually mean. When (y)our companion sapiens has control interfaces to the digital world that surrounds us, the result will be like something out of science fiction, like J.A.R.V.I.S. the robot butler from the Iron Man films. 


Our crowdfunding campaign is nearing its end, scheduled for October 2nd. Right now you can invest in New Sapience on StartEngine and participate in our private beta held later this year. Invest now! 


https://www.startengine.com/offering/new-sapience


Source: https://www.mckinsey.com/industries/technology-media-and-telecommunications/our-insights/the-social-economy

09.11.23

Investor Q&A - September 14

New Sapience is in the final few weeks of our successful crowdfunding campaign on StartEngine. To date we have raised over $750,000, a significant amount, as our approach to AI does not require supercomputers, vast datasets or expensive datacenters. We have expanded our staff and accelerated our product development. We plan to begin beta testing of our first product before the end of the year.
 
Our campaign ends on October 2nd but there is still time to invest in our revolutionary technology. Have questions? Over the next three weeks we will be presenting Q&A sessions on Zoom with our Founder and CEO Bryant Cruse.
 
Thursday, Sept 14, 3:30 PM EST
Thursday, Sept 21, 3:30 PM EST
Thursday, Sept 28, 3:30 PM EST
 
Zoom Link:  
 
https://us02web.zoom.us/j/81482656440?pwd=Rjk4MUpWZDRKTlozTUFucjRkazVpQT09/
 
To make sure your questions get addressed, send them in advance to: ir@newsapience.com

09.08.23

Interested in New Sapience But Need Technical Advice?


They have taken New Sapience 101.

Here is the problem. Most people, before investing in a brand-new, never seen before technology, seek out advice from experts in the field. But we believe that is the worst thing you can do here.

Today there are AI companies and AI experts everywhere – but none of their expertise has any relevance to New Sapience’s invention of Synthetic Knowledge. In fact, our experience is that the more people know about “machine learning,” LLMs, or even traditional Symbolic AI, the more they have to “unlearn” before they can understand our approach.

That’s why we created our online course consisting of 9 video “Ted Talk” style sessions on YouTube. The entire course totals 9.5 hours. A big investment of time but we believe our technology is the on-ramp to Artificial General Intelligence, something that has been called bigger than the Internet, bigger even than fire.

Here is what our investors have been saying about it (these testimonials may not be representative of the experience of other customers and is not a guarantee of future performance or success):

Reinhard S

I am completely fascinated by your videos about your development of the third wave of AI. Your ideas are for me completely reasonable, and I’m very grateful that you have AI so well explained that I have understood what AI means. It does not seem to me exaggerated about the future - not at all! I share the values you describe in the last video of presentation. In our small fashion shop (18 people) we try to live these values also.  

@LostHongshan

Love listening to you speak, Bryant. You have a gift with breaking this down to digestible sound bites that we can grasp. Super excited to be an investor in this amazing innovation. Amazing work! 

Jonathon D

I've been closely following your work with New Sapience over the past several months now and have researched your websites, patents and watched all 15+ of your videos in their entirety.  Needless to say, I'm both fascinated and excited about what you're doing.  I previously invested in New Sapience through Start Engine (early on in my research) and am now ready to invest more.

Patrick A

After watching the YouTube videos, I have been absolutely convinced that New Sapience is going to change the world for the better. Wow!! Thank you, Bryant Cruse and the team for a wonderful technology.

Link to the course: https://www.youtube.com/playlist?list=PLikFysJB05Pfp4ui7dqJYvCbuIcE5q0TJ/

09.06.23

Webinar Announcement


High-temperature super-conductors, fusion, quantum computers, and especially Artificial Intelligence. These technologies, we are told with breathless excitement, are “game changing” and will lead to incalculable abundance, personal immortality, and maybe even a new trans-human species. Or maybe, depending on your point-of-view, the annihilation of the human race. Join futurist and AI pioneer Bryant Cruse for a frank and open discussion about humanities future with all the hype removed.

 

Zoom Link: 

https://us02web.zoom.us/j/88297672685?pwd=S01tSytyUHdHLzRlOHZIalhVREswUT09/

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign reward.

10%

Stack Venture Club & Rewards!

Members get an extra 10% shares in addition to rewards below!

Venture Club

Venture Club

Venture Club Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).

$500

Tier 1

Invest $500 and receive 5% bonus shares

$1,000

Tier 2

Invest $1,000 and receive 10% bonus shares

$5,000

Tier 3

Invest $5,000 and receive 15% bonus shares

$50,000

Tier 4

Invest $50,000 and receive 20% bonus shares

$100,000

Tier 5

Invest $100,000 and receive 25% bonus shares

$500,000

Tier 6

Invest $500,000 and receive 30% bonus shares

JOIN THE DISCUSSION

0/2500

JM
Juan Martinez

a year ago

6 months in after closing and no beta testing yet

1

0

PA
Patrick Annan

2 years ago

Please any update about the Beta testing??

1

1

JY
John Yates

2 years ago

Hi Bryant, Three weeks ago, in a long, thoughtful reply to Barry Knopf, you wrote "If you ask it how to make a bomb it will ask you what you want a bomb for because sapiens will have a built-in prohibition from helping a person violate another human being’s right to their own person and property". That sounds naive. It presupposes that the sapiens is able to gauge the user's intent, at least in part by trusting the veracity of a reply to a challenge question. What is to prevent an ill-intended user from providing a false but plausible reply? I can understand wanting to assuage AI fears. But to the extent that a user merely seeks information, I do not see any reliable means for a sapiens to decide whether or not deliver the highest quality information to which it has access. It is not as if the sapiens is sole gatekeeper for access to any particular information. Even once a sapiens can act in the real world, I do not think that it will be able to guard against all possible harm triggering scenarios. Consider that, by some means, I have constructed and installed a bomb with a burner phone trigger. I instruct my sapiens that, when certain conditions arise (Dick and Jane are both in the treehouse), I want it to send a notification text to my burner phone. This is the eternal dilemma of knowledge and technology. Neither is good nor evil. Should Einstien have foreseen the atom bomb and withheld his theory of special relativity? What if he could have seen further to global warming and the potential for nuclear fusion to contribute to a solution?

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1

0

KM
Kevin McCabe

2 years ago

Bryant, A few weeks ago I asked about the consumer sapien being a hologram. You gave a very detailed and informative answer on the challenges of a sapien “seeing” its surroundings and that is likely many years away from fruition. My question was more along the lines of the hologram being more of a visual representation of the sapien to the consumer utilizing the application on the iPhone. Allowing the consumer to choose what their sapien looks like as well as whether it is a male or female voice, accents, etc makes it more personable and sets it further apart from the known systems like Siri & Alexa. Perhaps this could be a follow on upgrade after the consumer version is launched next year. Looking forward to testing out the Beta sometime this year. Thanks for keeping us all informed.

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1

0

BK
Barry Knopf

2 years ago

Just following up about the price per share when $4M was raised?

1

0

PA
Patrick Annan

2 years ago

What makes a Sapien different from Guru by https://microsurgeonbot.com/ ?? Guru is also like J.A.R.V.I.S in Avengers and is already being deployed by the US Space Force. I have to admit that for more than a month now, I have spent at least 3-5 hours every evening watching New Sapience videos and reading the comments in the discussion link. I cannot sleep without watching New Sapience videos or reading comments because every question that has been asked has been answered and is so simply explained. Wow!!!

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1

0

BK
Barry Knopf

2 years ago

When you raised $4M, what was the price per share?

0

0

DA
David Amin

2 years ago

AT $75M good luck to the investors......Way lofty valuation. Ask would shark tank invest..? Why are you ? I think the fools got fooled here.

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1

0

BK
Barry Knopf

2 years ago

Mr. Bryant Cruce: As stated in your 5th paragraph, first sentence, you start by saying , "the bottomline is the more we endow our sapiens with knowledge curated from the BEST MINDS". What is your criteria for determing these best minds, especially since there are individuals who are/were highly intelligent without a PHD. Also, since some of these people's knowledge will be incorporated into your New Sapience program, what insurance do we have that the knowlegde will be used for the benefit of mankind. Finally as a potenial investor once you sell New Sapience to the public or private market how do we know it will be used for good or evil? And once the principals of New Sapienc leave, including you, what will happen to your company, especially in terms of perpetuating and improving the humanity? I might add, extracting this knowledge has to be factual supported by the scientific method and also mathematics/probability, inductive/fdeductive logic. Finally, based on using your program to validate knowledge, how do transform the latter to wisdom?

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1

0

VN
Vincent Nania

2 years ago

I want my wife to be mutual owner. Authorize Valery Nania

1

0

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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.

With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000 are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, they are limited to investing 10% of the greater of the two amounts.

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StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.

For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.

For Regulation A+, StartEngine allows for a four-hour cancellation period. Once the four-hour window has passed, it is up to each company to set their own cancellation policy. You may find the company’s cancellation policy in the company’s offering circular.

Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.

Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to be sent back to the account associated with the investment.

Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.

RAISED
$1,148,232.52
INVESTORS
913
MIN INVEST
$260
VALUATION
$74.94M

Important Message

IN MAKING AN INVESTMENT DECISION, INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF THE ISSUER AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. INVESTMENTS ON STARTENGINE ARE SPECULATIVE, ILLIQUID, AND INVOLVE A HIGH DEGREE OF RISK, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.

www.StartEngine.com is a website owned and operated by StartEngine Crowdfunding, Inc. (“StartEngine”), which is neither a registered broker-dealer, investment advisor nor funding portal.

Unless indicated otherwise with respect to a particular issuer, all securities-related activity is conducted by regulated affiliates of StartEngine: StartEngine Capital LLC, a funding portal registered here with the US Securities and Exchange Commission (SEC) and here as a member of the Financial Industry Regulatory Authority (FINRA), or StartEngine Primary LLC (“SE Primary”), a broker-dealer registered with the SEC and FINRA / SIPC. You can review the background of our broker-dealer and our investment professionals on FINRA’s BrokerCheck here. StartEngine Secondary is an alternative trading system (ATS) regulated by the SEC and operated by SE Primary. SE Primary is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.

StartEngine facilitates three types of primary offerings:

1) Regulation A offerings (JOBS Act Title IV; known as Regulation A+), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Primary, LLC (unless otherwise indicated). 2) Regulation D offerings (Rule 506(c)), which are offered only to accredited investors. These offerings are made through StartEngine Primary, LLC. 3) Regulation Crowdfunding offerings (JOBS Act Title III), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Capital, LLC. Some of these offerings are open to the general public, however there are important differences and risks.

Any securities offered on this website have not been recommended or approved by any federal or state securities commission or regulatory authority. StartEngine and its affiliates do not provide any investment advice or recommendation and do not provide any legal or tax advice concerning any securities. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. StartEngine does not verify the adequacy, accuracy, or completeness of any information. Neither StartEngine nor any of its officers, directors, agents, and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site.

Investing in private company securities is not suitable for all investors. An investment in private company securities is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities. Each investment also carries its own specific risks, and you should complete your own independent due diligence regarding the investment. This includes obtaining additional information about the company, opinions, financial projections, and legal or other investment advice. Accordingly, investing in private company securities is appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment. See additional general disclosures here.

By accessing this site and any pages on this site, you agree to be bound by our Terms of use and Privacy Policy, as may be amended from time to time without notice or liability.

Canadian Investors

Investment opportunities posted and accessible through the site will not be offered to Canadian resident investors. Potential investors are strongly advised to consult their legal, tax and financial advisors before investing. The securities offered on this site are not offered in jurisdictions where public solicitation for offerings is not permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence.

California Investors Only – Do Not Sell My Personal Information (800-317-2200). StartEngine does not sell personal information. For all customer inquiries, please write to contact@startengine.com.

StartEngine Marketplace (“SE Marketplace”) is a website operated by StartEngine Primary, LLC (“SE Primary”), a broker-dealer that is registered with the SEC and a member of FINRA and the SIPC.

StartEngine Secondary (“SE Secondary”) is our investor trading platform. SE Secondary is an SEC-registered Alternative Trading System (“ATS”) operated by SE Primary that matches orders for buyers and sellers of securities. It allows investors to trade shares purchased through Regulation A+, Regulation Crowdfunding, or Regulation D for companies who have engaged StartEngine Secure LLC as their transfer agent. The term “Rapid,” when used in relation to transactions on SE Marketplace, specifically refers to transactions that are facilitated on SE Secondary, This is because, unlike with trades on the StartEngine Bulletin Board (“SE BB”), trades on SE Secondary are executed the moment that they are matched.

StartEngine Bulletin Board (“SE BB”) is a bulletin board platform on which users can indicate to each other their interest to buy or sell shares of private companies that previously executed Reg CF or Reg A offerings not necessarily through SE Primary. As a bulletin board platform, SE BB provides a venue for investors to access information about such private company offerings and connect with potential sellers. All investment opportunities on SE BB are based on indicated interest from sellers and will need to be confirmed. Even if parties express mutual interest to enter into a trade on SE BB, a trade will not immediately result because execution is subject to additional contingencies, including among others, effecting of the transfer of the shares from the potential seller to the potential buyer by the issuer and/or transfer agent. SE BB is distinct and separate from SE Secondary. SE Secondary facilitates the trading of securities by matching orders between buyers and sellers and facilitating executions of trades on the platform. By contrast, under SE BB, SE Primary assists with the facilitation of a potential resulting trade off platform including, by among other things, approaching the issuer and other necessary parties in relation to the potential transaction. The term “Extended”, when used in relation to transactions on SE Marketplace denotes that these transactions are conducted via SE BB, and that these transactions may involve longer processing times compared to SE Secondary for the above-stated reasons.

Even if a security is qualified to be displayed on SE Marketplace, there is no guarantee an active trading market for the securities will ever develop, or if developed, be maintained. You should assume that you may not be able to liquidate your investment for some time or be able to pledge these shares as collateral.

The availability of company information does not indicate that the company has endorsed, supports, or otherwise participates with StartEngine. It also does not constitute an endorsement, solicitation or recommendation by StartEngine. StartEngine does not (1) make any recommendations or otherwise advise on the merits or advisability of a particular investment or transaction, (2) assist in the determination of the fair value of any security or investment, or (3) provide legal, tax, or transactional advisory services.