Bahari Energy

Bahari Energy

Bahari's Wind Tower and Green Technology

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Security Type
Preferred Stock
Categories
Other
Min Investment
$250
Location
Gaithersburg, MD
Offering Date
February 28, 2019
Expected Close Date
May 01, 2019
Target Raise
$10.00K-$107.00K
Deal Notes

Purchase Price of Security Offered: $2

Valuation
$2,000,000

Company Description

Bahari Energy was formed to research, develop, and bring to the marketplace an adaptation of an ancient wind management technology: a wind tower, or more accurately, wind window. In order to cool the residences of Middle Eastern homes, wind catching windows were placed atop the uppermost portion of the residence – often atop a hillside with the residence below. The wind entering the window circulates downward through the residence and out the lower level, providing cooling comfort along the way. Imagine standing at the entry of a cave with wind rushing past your face, downward towards the cooler interior.

This concept of wind catching is the foundational premise of the Wind Tower that you see in the conceptual renditions. The Bahari Wind Tower multiplies the speed of the wind entering the Tower and utilizes this wind to produce torque which turns one or more turbines to drive one or more generators, producing electricity.

Simple in concept, the Wind Tower’s keen architecture and proper location are key to its functionality. Walking on the street, you may have experienced strong gusts of wind between buildings. This phenomenon, called the wind tunnel effect, is caused by the height and proximity of the surrounding buildings, creating a high pressure difference between low and high pressure regions which increases the speed of the wind. Wind Towers utilize the wind tunnel effect, transforming wind that is barely noticeable into wind that can be harnessed for energy simply through design and location.

Perks

$500 — If you invest $500, you will receive a T-shirt with the Bahari Energy Wind Tower logo.
$1.000 — If you invest $1,000, you will receive a 2.5% discount on the Wind Tower purchased directly from our website.
$5,000 — If you invest $5,000, you will receive a 5% discount on the Wind Tower purchased directly from our website.
$10,000 — If you invest $10,000, you will receive a 10% discount on the Wind Tower purchased directly from our website.

Use of Proceeds

Intermediary Fee: 6%

R&D: 60% - 74%

Marketing: 0% - 5%

Working Capital: 0% - 10%

Admin Costs: 19% - 4%

Professional Fees: 0% - 5%

Management Team / Advisory Board Bios

Habib Bahari - Owner/Founder
Aerospace Engineer, President of Vartta Industries for 23 years (1982 -2005), Managing member Terrawood Investments for 4 years (2005 - 2009), Founder and CEO of Bahari Energy since 2009 to present

Deal Notes

Purchase Price of Security Offered: $2

Amount Raised : $4,500
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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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