Building an Energy-Efficient Future [Read More]
Equity is a stock or any other security representing an ownership interest.
October 29, 2018
January 29, 2019
We are seeking to raise $1,069,998 in this offering through Regulation Crowdfunding, with a minimum target raise of $9,999. We have agreed to pay Start Engine Capital
LLC (“Start Engine”), which owns the intermediary funding portal StartEngine.com, a fee of 6% on all funds raised.
The net proceeds of this offering are expected to be used to cover part of the $4.5 million that we project we will need in 2019 and 2020 to build on our successful R&D efforts, patent acquisition and future marketing efforts. Specifically, we intend to invest in digital and social media marketing, make improvements to our website, and complete production engineering as well as finance inventory acquisition. The identified uses of proceeds are subject to change at the sole discretion of the executive officers and directors based on the business needs of the Company.
Founder, President, CEO and Director
Founder, President, and CEO Tom Tamarkin is a longtime and passionate advocate for providing real-time energy data and control methods to electric, gas, and water customers to enable them to conserve energy and save money. He has more than 30 years’ experience building and selling technology-based businesses. As president of USCL, Tamarkin was largely responsible for the design and introduction of the modern utility smart meter in the U.S., however, its origins go back to the Tamar Corporation, which he founded in 1990. In 1992, Tamarkin demonstrated the world’s first totally integrated 902-928 MHz spread spectrum based automatic meter reading transceivers for electric, gas, and water meters at a conference in Atlanta. Tamar conceived of and piloted the nation’s first “Smart Meters” with the City of Garland Electric Company. The Tamar meters introduced the concept of “Time of Use” rates and “Peak Demand” rates for single phase residential utility customers implementing the installed base of electro-mechanical kWh electricity meters, as well as gas and water meters. Tamarkin was named an industry pioneer in 2013 by Smart Grid Today, the nation’s leading publication on utility grid operations.
Investor & Director
Author, singer, actor, and entertainer Pat Boone graduated from Columbia University magna cum laude. As a recording artist, he still holds the Billboard Magazine record for spending 220 consecutive weeks on the charts. In addition to being a bestselling author, Boone has written extensively on the future of fossil fuels and power generation, with a focus on the need for the development and commercialization of fusion energy. In February 2011, Boone became the official EnergyCite spokesperson. His focus has been on investor and media relations, as well as building relationships with senior leaders in the U.S. government, including the White House and the DOE.
Maximum 356,666* shares of Class B Non-Voting Common Stock ($1,069,998)
*Maximum subject to adjustment for bonus shares. See 10% Bonus below
Minimum 3,333 shares of Class B Non-Voting Common Stock ($9,999)