Ecolution Power

Turning trucks and trains into mobile power stations for clean energy

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Security Type
Common Stock
Categories
Energy
Min Investment
$300
Location
WILMINGTON, DE
Offering Date
July 25, 2023
Expected Close Date
October 23, 2023
Target Raise
$15.00K-$1.24M
No. Investors
232
Security Price
$4
Number of Employees
3
Cash
$394,114
Revenue
$0
Short Term Debt
$129,953
Cost of Goods
$0
Long Term Debt
$80,702
Net Income
$-1,250,802

Company Description

Ecolution Power is a pre-revenue company with world-class partners, two American cities that have signed Letters of Intent, and five patents focused on recycling wasted kinetic energy from moving vehicles. The company is helping smart cities and the transportation industry achieve a net-zero carbon footprint. Ecolution Power has two engineering partners; Day & Zimmermann and KTM, both in Greenville, South Carolina. The engineers have completed the bench testing phase and have successfully completed a prototype trailer that is now on the road generating energy.

Management Team / Advisory Board Bios

Johanne Gabriel Medina ThenBoard Director & Chief Executive OfficerJohanne has over 20 years of experience managing companies in environmentally sensitive sectors including greenfield metals manufacturing, ultra-high strength powder metallurgy and cocoa plantation and food distribution. His combination of operational and financial expertise helped him raise $170 million of private equity in a previous role as VP of strategic finance. Johanne has played a key role in developing the strategy and business plan for Ecolution. Johnny Then-GautierBoard Director & Chief Technology OfficerJohnny invented Ecolution’s MARS technology platform, focusing on the optimization and construction of the net-zero emissions power creation technology since 2014. He previously served as VP of business development at Avelock Dominicana, a communications and technology corporation in the Dominican Republic. Craig T. BouchardExecutive Chairman of the BoardCraig co-founded three metals companies that reached more than $1 billion of revenue in roughly 18 months. The first, Esmark, became the 4th largest American steel company and highest appreciating stock on the NYSE or Nasdaq for the full year 2008. Craig’s passion for work enabling transformation serves him as an entrepreneur, inventor, New York Times bestselling author and finalist for S&P Platts Global Metals CEO of the Year in 2018., Ernest Matsuo HigaBoard AdvisoryCurrently serves as the Chairman, President and CEO of Higa Industries Co., Ltd. And CEO of Wendy’s Japan K.K A 3rd generation Japanese-American entrepreneur In addition to his business activities, he serves on the Board of Overseers at Columbia Business School, is a member of Keizai Doyukai (Japan Association of Corporative Executives), and is the Chairman of the Board of Councilors of US-Japan Council Richard GirominiBoard AdvisoryIs an industrial manufacturing leader with 40+ years of experience in the automotive and commercial transportation industries Served as Wabash National Corporation’s Chief Executive Officer through 2018. Under his leadership Wabash National grew to a $2 billion+ company, achieving all-time records in revenue and profitability Past services include Chairman of the Truck Trailer Manufacturers Association (TTMA) William FarleyBoard Advisoryole shareholder of Liam Ventures, Inc., a private equity firm with investments in various industries From 1986 to 1999, he served as Chairman and CEO of Fruit of the Loom, Inc. (FTL) Built FTL from a domestic $500 million underwear company into a leading intl. manufacturer and marketer of apparel with sales approximating $2.3 billion for the 1999 fiscal year. FTL was sold to Berkshire Hathaway for approx. $1 billion. Randolph C. ReadBoard AdvisoryHas served as CEO, COO, CFO and a public company Chairman of the Board, including various ventures of the past 39 years partnered with Michael Milken Since 2009, he has been President and CEO of Nevada Strategic Credit Investments Additionally, he serves as Audit Committee Chairman for SandRidge Energy, Inc. and Special Committee Co-Chairman for Luby’s, Inc Jack M. GreenbergBoard AdvisoryCurrently serves on the Board of Directors of InnerWorkings, Inc. as its non-executive Chairman At the end of 2002, he retired as Chairman and CEO of McDonald’s Corporation where he has served since 1991 Previously, he was Partner and Director of Tax Services for the Midwest Region and Chicago office or Arthur Young & Company He is a member of the American Institute of Certified Accountants

Amount Raised : $609,680
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