Steve Carew

Oshawa, ON (CAN)
Role(s):
Founder/Owner/Principal

Iugis

Location: Oshawa
Industry: Energy
Year Founded: 2010
Number Employees: 1-10 people
Business Stage: Growth (not profitable)
Entity Type: Incorporated Outside United States
Description: We have invented a way of creating horsepower /electricity using gravity as a driving source. We are a start-up company at the early stages of production. Although management staff has been identified and are waiting in the wings, the projected growth of the company will demand new management and staff in the United States and European countries. Minimal work has been done in this area. The company will contract the manufacture of the units to existing industries while purchasing all parts from identified sources to control cost of manufacture. Shipping from these manufacturers and billing will be handled by our office. Marketing firms will accumulate sales (one such firm has been identified in Florida and several other will be needed). The manufactured units will be for both the residential and the commercial market. The units may be built to whatever size and output is desired.