Smart Tire Recycling

Innovation to Heal Our Planet

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Security Type
Preferred Stock
Categories
Technology
Min Investment
$249
Location
PITTSBURGH, PA
Offering Date
September 30, 2021
Expected Close Date
June 29, 2022
Target Raise
$10.00K-$4.44M
No. Investors
473
Security Price
$1.66
Valuation
$14,800,000
Number of Employees
4
Cash
$142,244
Revenue
$0
Short Term Debt
$147,702
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-548,299

Company Description

At Smart Tire Recycling, we developed an innovative and sustainable chemical process to recycle used tires into raw materials with valuable applications across a broad range of industries. We solved the major scrap tire pollution problem while providing manufacturers who use carbon black with an environmentally friendly source for their materials.

Perks

Early Bird-
Friends and Family - First 14 days | 40% bonus shares
Early Bird - Next 50 Days | 30% bonus shares

Key Deal Facts

Our proprietary, patented process produces recycled carbon black, oils, steel and gas from end of life tires, healing the environment by cutting CO2 emissions from major pollution sources.
Our key product is recovered Carbon Black (rCB). The CB market size is expected to grow to $26 billion by 2025, yet supply shortages are expected.
Funding in this industry has grown in the past 18 months, and we have already been contacted by several US and global companies excited about our technology.

Management Team / Advisory Board Bios

Lacramioara Schulte auf'm Erley, CTO and Board Member
Lacramioara started her career as a chemical engineer in the tire industry, focusing on developing new blends for tires. Lacramioara successfully led commercialization projects in nanotechnology. She has been an entrepreneur for 15 years, aiding operations as both founder and scientist. She led the commercialization of several product-platforms, focusing on product development, market research, funding, and customer/supplier relations. Lacramioara holds a B.S. in chemical engineering, a Ph.D. in Chemistry from the University of Florida and an MBA from MIT Sloan School of Management.

Adam Epstein , CFO and Board Member
Upon graduating from Emory University, with a degree in Economics-Mathematics, Adam began managing his own private equity fund, specializing in Biotechnology. Soon after, he transitioned into consulting startup companies during their initial capitalization and development. With his background in marketing and product analysis, Adam advises small businesses throughout the United States.

Mendel Bassman , CEO and Board Member
Mendel has been a proven leader for 10 years first in the field of education and later in the recycling industry. He led many projects in the non-ferrous and e-scrap recycling industries. An action-oriented out-of-the-box thinker, Mendel takes ideas and makes them a reality. In 2014, he founded Smart Tire Recycling and assembled a team of world-class engineers to make Smart Tire Recycling an industry leader in tire pyrolysis.

Raymond Riek, VP of Commercialization and Board Member
Ray is an action-oriented executive with experience in many facets of industrial business. He was the COO of Delta Energy, a start-up chemical company recovering materials from scrap tires. He previously worked for Monsanto Company for over 30 years, serving as director of the Technology, Rubber, and Process Chemicals Division.

Efim Monosov , Advisory Board Member
Efim Monosov is an experienced Chief Technology Officer with a demonstrated history of technical leadership in the environmental services industry. He has expertise and has worked in Energy, Environmental Compliance, Process Engineering, Environmental Engineering, and Chemical Engineering. Monosov has a PhD in Philosophy focused in Environmental Engineering Technology/Environmental Technology from Leningrad Civil Engineering Institute.
Amount Raised : $512,333
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Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

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