Building an Energy-Efficient Future
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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)
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.
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