Jan Skola
Laguna Niguel, CA (USA)
Role(s):
Active Funding Request
This user has an Active Funding Request. You must be logged in as an approved, accredited investor to view this Funding Request. Call us at 888-391-7096 to apply.
Other
AiResource Technologies
Find More Startups
Startup
Location:
Laguna Niguel
Industry:
Automotive
Year Founded:
1992
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Company
Description:
AiResource Technologies has developed an improved Turbocharger System for diesel engines that has been proven in numerous pilot programs and independent testing around the world to;
1. dramatically increase mileage by 11-37%,
2. reduce emissions by 50-90%,
3. increase responsive power by up to 30%,
4. lower operating temp of the engine by 90-525 degrees, which extends the operating life of the engine.
Every truck fleet owner we’ve talked with wants and needs our product.
By using our new Turbocharger, trucking fleet owners will no longer have to replace their trucks in order to be in compliance with the “EPA mileage and emissions” requirements recently set by the OBAMA administration. We are currently seeking $4 million in expansion funding We currently have a committed funding source for $25 million through a Stock Purchase Agreement, which will enable us to get into production and begin fulfilling orders, but we have to be a public company before we can begin drawing down on that line of credit. So we need to pay for professional fees to go public, as well as pay for the cost of filing an additional five (5) international patents, and get tooled up to get into production.. We operate on 50-70% profit margins and have pre-orders.