Firepoint Energy Inc

Firepoint Energy develops sites containing rare earth elements while converting waste into energy

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Security Type
CAFES
Categories
Financial Services, Energy, Education, Sustainability, Technology
Min Investment
$100
Location
Punxsutawney, , PA
No. Investors
1
Website
firepoint.energy

Key Deal Facts

We have located and tested numerous waste coal piles loaded with rare earth minerals
We have engineered and developed a portable plasma gasifier to convert waste streams into syngas
Our team has raised millions of dollars and executed public offerings for several companies
The team has founded and developed companies with million-dollar and billion-dollar valuations
The team has leased property with 4 million tons of waste coal that contains rare earth elements
Identified the technologies to extract rare earth elements and critical minerals
Spent decades vetting technologies that produce clean fuels while releasing valuable minerals.
We care about the world we live and we strive to help keep it that way

Management Team / Advisory Board Bios

Repeat Founder
Founder has started a previous company funded with $2M+, Billy R Smith CEO / Chairman- Successfully designed a portable plasma gasifier
- Founded several companies
- Took two companies public through reverse IPOs
- Developed and managed multiple corporate offices in Asia, Shelly Befumo President/COO- Two decades of experience with capital finance transactions, restructuring, and IPO preparation
- Orchestrated several public and private funding rounds
- Spearheaded numerous successful crowdfunding campaigns
- MBA, William & Mary, Ian DouglassCCO / Sr. VP- Served on the leadership team of the Michigan House of Representatives
- Award-winning multimedia journalist and contributor to NBC News, Spotify, Hearst Media, and several other news entities
- BA, Michigan; MS, Northwestern; MBA, Quantic, Dale RasmussenBoard Member- Three decades of experience in clean tech, alternative energy, and banking
- Chairman of the Board of Fisker Automotive
- Co-founded three companies that reached $500 million market capitalization, Bob Beatty JrBoard Member- Two decades in natural gas industry
- Occupies leadership position with Pittsburgh Region Clean Cities
- Board Member for the Pennsylvania Independent Oil and Gas Association
Amount Raised : $1,174,018
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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