John Watts
Austin, TX (USA)
Role(s):
Active Funding Request
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Founder/Owner/Principal
Reliable Pipe Threads, LLC
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Startup
Location:
Austin
Industry:
Energy
Year Founded:
2004
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
RPT is a Technlogy Licensing Co now on the verge of licensing both USA and Foreign Patents on Pipe Connections for use in horizontal oil and gas wells to be drilled in the shale formations, the current "Hot Play" in the "Oil Patch". We have developed a computer program that provides a Manufacturing Package for any Size, Wall Thickness, and Grade Steel Connection, having many advantages over the competition.
I have designed, developed, tested, patented and manufactured many successful products for employers and now have Patents of my own to exploit. Depending on the amount of the investment available we may license to others, machine the connections, manufacture the pipe and/or stock and sell the pipe.
Within a year, RPT should be very profitable and will be flexible as to investor payback.