Flower Turbines

Flower Turbines

Innovative Small Wind Turbines

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Security Type
Equity
Categories
Other
Min Investment
$300
Location
Lawrence, NY
Offering Date
March 23, 2020
Expected Close Date
August 31, 2020
Target Raise
$9.99K-$618.54K
Deal Notes

$30.00 per share

Valuation
$26,017,770

Company Description

Flower Turbines has created sleek, innovative, and efficient small wind turbines—with the goal to make those turbines the foundation of a large global renewable energy company.

Perks

$2,500+ Investor Webinars - Invest $2,500+ and receive access to our quarterly investor webinars where we will discuss current and future initiatives for Flower Turbines.
$5,000+ Factory Tour - Invest $5,000+ and you will be put in a drawing for round-trip tickets for two to the Netherlands, where you will have the opportunity to tour our office and factory partners. Economy tickets during non-peak season.
*All bonuses and perks occur after the offering is completed. Maximum Number of Shares Offered subject to adjustment for bonus shares. See bonus information below.

Key Deal Facts

Recently raised $1M+ through our oversubscribed StartEngine campaign
Our small wind turbines increase productivity by 20-50% when positioned close together
Strong IP portfolio with 4 patents granted in multiple countries

Use of Proceeds

Operations: 20-96.5%

Company Employment: 20%

Research & Development: 28.5%

Inventory: 28%

StartEngine Platform Fees: 3.5%

Management Team / Advisory Board Bios

Dr. Daniel Farb
Founder, CEO and Director
CEO, 2013-present, experience in renewable energy, high achiever in multiple fields, degrees in business, science, and literature, startup and corporate sales experience; 30 patents; 100 books. Flower Turbines is his primary job.
CEO of Leviathan Energy, 2008-present. The Leviathan Energy group consists of related renewable energy companies, and is on hold while the majority of his time is spent working on Flower Turbines. A strong believer in the importance of ecology and an avid hiker.

Ed Day
Consultant Project Manager: Gov Sales and Grant Writer
Primary work: Mechanical Engineer; Grant Writer; Project Manager of federal projects over $100 million; example: Project Manager on a contract to design and build an Effluent Treatment Facility (ETF) to treat the waste generated by the DOE Richland Operations at Hanford, Washington, from the PUREX (Plutonium-Uranium Extraction) Facility; Pell Resources, 2007-present, consulting, management, and grant writing services. Bachelor of Science in Mechanical Engineering.
University of Tennessee, 1972.

Roy Osinga
EU Director of Flower Turbines Subsidiary
A graduate in Business Economics from Erasmus University Business School, Roy Osinga is experienced at bringing companies to market. He has broad international experience and is responsible for all commercial and operational activities for the EU region from our Rotterdam office. Roy has worked for government organizations, corporations, and tech start-ups in the field of ICT, construction, and sustainability. He is the liaison with the PortXL program, an accelerator program for companies supplying relevant technology for the maritime sector. Flower Turbines was among the 20 chosen for this program out of 1000 screened.

Deal Notes

$30.00 per share

Amount Raised : $1,034,220
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Security Description

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